2010 J.P. Morgan Portfolio Competition
(22 March - 14 May)
With over 8800 university students registering from across Australia, the 2010 Competition generated the highest average rate of return in the Competition's history!
The Competition was held for eight weeks from 22 March to 14 May 2010, and saw our top participant make more than a 25% increase on the base virtual equity of $200,000 by buying and selling from the ASX300. With share prices updated continuously, comprehensive stock information and weekly market wraps, the J.P. Morgan Portfolio competition remains the most sophisticated of its kind in the southern hemisphere.
The 2010 Prize Pool of $10,000 was split as follows:
$4,500 for the winner;
$2,000 for 2nd;
$1,500 for 3rd; and
$300 each for 4th to 10th place winners.
Congratulations to the Grand Prize Winner!
Nathan Howe
University of Western Australia
"My strategy of creating a very high risk portfolio was achieved by holding a small number
of companies with volatile prices, leveraging significantly and investing in a single industry
to increase the beta of my portfolio. After deciding to focus on the energy sector
I identified a list of potential companies and bought when the share price fell strongly relative
to the market.
I sold after positive news announcements or days of relatively strong performance.
I later shifted my funds to the metals sector just prior to the announcement of the Resource Super Profits Tax.
My portfolio value decreased significantly, however, I continued to buy as prices fell and in the
final days was able to overtake the competition leaders who had converted their positions to cash.
I thank TradingPlaces for providing a fantastic platform for students to explore their interest in
the share market and the opportunity to network with industry professionals."
Congratulations to the Top 10 Prize Winners
Rank
Name
Equity ($)
University
1
Nathan Howe
258,249
University of Western Australia
2
Michael Tsouroutis
248,181
Monash University
3
James Shepherd
247,912
Australian National University
4
Damon Holmes
241,259
Queensland University of Technology
5
Jasdeep Jassar
240,288
Bond University
6
Bhavik Jeena
239,756
Macquarie University
7
Jonathan Tiang
236,758
University of Wollongong
8
Dixi Zhu
235,306
Macquarie University
9
Jason Paul Skinner
233,299
University of Western Australia
10
Wai Chon Ho
232,618
Deakin University
Weekly Quiz Winners
Name
University
Week 1
Shaun Madigan
University of Queensland
Week 2
Caly Yang
University of Sydney
Week 3
Krassen Ratchev
University of Western Australia
Week 4
Kristina Coffey
University of Technology, Sydney
Week 5
Ben Chan
Macquarie University
Week 6
Andrew Simon
University of Sydney
Week 7
Nushrat Khan
University of Sydney
Top Weekly Traders
Name
Equity Gained ($)
University
Week 1
Daniel Rigney
31,346
University of Wollongong
Week 2
Herman Gorbatovskii
26,612
Macquarie University
Week 3
Wei Gen Ng
48,930
University of Western Australia
Week 4
Akil Shajahan
23,001
La Trobe University
Week 5
Xichen Wang
21,856
University of New South Wales
Week 6
Madelaine Holt
7,919
University of Tasmania
Week 7
Jonathan Tiang
13,957
University of Wollongong
Week 8
Nathan Howe
47,634
University of Western Australia
Thank You
A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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BlueLake Partners is an equity trading and investment company based in Sydney, Australia, with active operations in Equities and Derivatives. The 2016 Bluelake Partners 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.
Public Portfolio Competition
Nathan Howe