2007 J.P. Morgan Portfolio Competition
(16 April - 08 June)
The 2007 J.P. Morgan Portfolio Competition saw 6,022 university students registered from across Australia.
The competition was held for eight weeks from 16 April to 8 June 2007.
With virtual $200,000 to buy and sell from the ASX300 and free registration students stood with nothing to loose and everything to gain.
There was a total prize pool of $10,400 consisting of:
$5,000 for the winner;
$2,500 for 2nd;
$1,500 fro 3rd; and
$200 each for 4th to 10th place winners.
Congratulations to the Grand Prize Winner!
Gary Ding
Commerce (Actuarial), Australian National University
"I adopted a high risk portfolio as my main trading strategy to outperform the other competitors. As such, I invested most of my money into emerging resource companies. The ASX was experiencing a bull market during the Competition period. Resource stocks and the infrastructure sector saw phenomenal EPS growth, driven by increased global commodity prices and strong domestic economic fundamentals.
As the economy turns into 2008, our market faces an existential threat as a protracted downturn in housing interacts with credit tightening and increasing wholesale funding costs. In my view, defensive stock such as retail or healthcare would be a good place to hide. As the credit market remains cloudy, a question for all the competitors is; 'will a high-risk portfolio bring us abnormal returns in the current market climate?'
Finally, I would like to say thank you to TradingPlaces for providing such a good platform for students to understand the market, good luck to all the 'traders' in 2008 and most importantly, enjoy the game."
Congratulations to the Top 10 Prize Winners
Rank
Name
Equity ($)
University
1
Gary Ding
269,394
Australian National University
2
Jin Ge
269,014
University of Sydney
3
Edward Jo
259,210
University of New South Wales
4
Anita Poulos
255,444
University of New South Wales
5
Sean Fu
253,047
University of Technology, Sydney
6
Jing Zhu
249,135
Bond University
7
Jing Lang
248,962
University of Sydney
8
Daniel Drew
248,543
Macquarie University
9
Timothy O'Loughlin
248,393
University of Wollongong
10
Correy Bothamley
247,935
University of Sydney
Top Weekly Traders
Name
Equity Gained ($)
University
Week 1
Keith Almeida
12,057
University of New South Wales
Week 2
Howard Longmore
19,020
University of New South Wales
Week 3
Micheal Lee
27,082
University of New South Wales
Week 4
Xue Linag
17,910
University of Sydney
Week 5
Christopher Succar
37,951
University of Sydney
Week 6
Wei Ying Qiu
12,314
University of Sydney
Week 7
Dhabup Prasai
34,992
University of Wollongong
Week 8
Simon Vu
28,543
University of New South Wales
Weekly Quiz Winners
Name
University
Week 1
Sian Reece
University of Queensland
Week 2
James Bailey
University of Western Australia
Week 3
Ben MacNevin
University of Queensland
Week 4
Ruwantha Vidanaarachchi
Melbourne University
Week 5
Ian Roxburgh
Australian National University
Week 6
Duane Perera
Monash University
Week 7
James Bailey
University of Western Australia
Thank You
A big thank you to all the student society promoters and the staff who helped promote the Competition this year.
Sign-up bonus prizes went to student societies from the following universities:
> University of NSW
> University of Melbourne
> University of Queensland
> Adelaide University
> University of Sydney
> University of Woollongong
TP Home
BlueLake Partners is an equity trading and investment company based in Sydney, Australia, with active operations in Equities and Derivatives. The 2016 Bluelake Partners University Portfolio Competition allows Australian undergraduate university students the opportunity to showcase their trading and investment skills in a bid for potential career and networking opportunities, as well as great prizes.