The UOB Investment Challenge 2024, a financial investment competition organized by UOB Asset Management (UOBAM) Vietnam, UOB Vietnam Bank, and the University of Economics Ho Chi Minh City (UEH), has entered its thrilling final stages. The top 45 candidates from the initial rounds have been divided into 15 groups for the third round, which involves hands-on investment experience on a virtual trading platform.
In this round, each team will function as an investment management company, performing tasks such as analyzing and selecting stocks, constructing investment portfolios, and writing investment reports. The organizers will provide support by guiding the teams on how to create accounts on the virtual trading platform, Investing Pro, and providing each team with a virtual investment capital of 1 billion VND (for competition purposes only) to simulate investment strategies in a risk-free environment over a period of 7 weeks.
To boost the contestants’ confidence and provide valuable financial investment knowledge to students, the program also included an intensive training session with experts from UOBAM. During this session, the teams and students were taught how to use the virtual trading platform and gained insights into diversifying investment portfolios, writing investment reports, and allocating funds across different assets to optimize profits.
“The most valuable takeaway for me from the training was learning how to allocate funds to diversify my portfolio and mitigate risks,” shared student M.T enthusiastically. “It’s a crucial skill for investors, and although I had some prior knowledge, the UOBAM experts provided a level of detail and clarity that was missing.”
Speaking about the challenges the program poses to the contestants, a representative from UOBAM Vietnam said, “The challenges in this competition closely follow the rigorous investment process of a professional investment fund. This includes economic and industry analysis, stock screening and selection, portfolio construction and risk management, and post-investment portfolio monitoring. Contestants will also get to experience virtual trading on a platform that mirrors the real market, allowing them to test their investment strategies. We believe that the skills and experience gained through this competition will greatly benefit those aspiring to become professional fund managers.”
Taking place from September to December 2024, the UOB Investment Challenge 2024 offers a unique academic playground for UEH students, where young investors can gain practical investment experience alongside experts from UOBAM Vietnam. Through intense competition and insightful training sessions, students will acquire valuable investment knowledge and skills that will serve as a solid foundation for their future careers.
The program also underscores UOB Vietnam Bank’s commitment to nurturing a new generation of talented investors, empowering them with the skills and confidence to navigate the world of finance and build their wealth.
UOB Asset Management (UOBAM) is a leading asset management group in Asia, with over 36 years of experience in providing asset and fund management services to institutional and individual clients. UOBAM has a strong presence across Asia, with investment and business offices in Singapore, Thailand, Malaysia, Taiwan, Japan, Indonesia, Vietnam, and Brunei.
UOBAM Vietnam currently offers investment management services, products, and solutions, including securities investment fund management, securities portfolio management, and securities investment consulting for institutional and individual investors, both domestic and foreign. With nearly 16 years of investment experience in Vietnam, UOBAM Vietnam has consistently delivered superior investment performance for the funds and portfolios under its management.
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