TORONTO, Dec. 10, 2014 (GLOBE NEWSWIRE) -- "The world cannot wait" is a fitting motto for university teams representing the next generation of financial professionals as they prepare equity research reports on, Thomson Reuters, the Canadian-listed, global source of intelligent information for businesses and professionals.
Ontario university student teams taking part in CFA Society Toronto and CFA Society Ottawa's local competition of the CFA Institute Research Challenge, are to prepare equity research reports that will be reviewed and scored by financial industry professionals. Four teams will be chosen to move on to the local finals in Toronto on February 24, 2015.
The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students work in teams to research and analyze a publicly traded company, and each team writes a research report on their assigned company with a buy, sell, or hold recommendation. Teams that progress to local, regional and global finals must present and defend their analysis to a panel of industry professionals. Students learn from experienced industry experts and peers from the world's top business schools. This year, more than 3,700 students from 58 countries will participate in 93 local Research Challenge events, culminating in the global final in Atlanta Georgia in April 2015.
"Thomson Reuters is honoured to be the subject of this year's CFA Society Toronto and CFA Society Ottawa's local Research Challenge. We are very supportive of helping promote better understanding of financial markets. Thomson Reuters is a global Canadian success story and we look forward to working with the students that will be helping build our future Canadian successes." said Paul Bowes, Head of Market Development, Thomson Reuters.
"CFA Society Toronto is pleased that local students will have the opportunity to learn from Thomson Reuters, a Canadian company focused on innovation, information and communication within the financial industry." said Sue Lemon, CFA, CEO, CFA Society Toronto.
For more information visit CFA Institute Research Challenge.
Media contact CFA Society Toronto
Sara Pacella
416.366.5755 X235
media@cfatoronto.ca
Media contact Thomson Reuters
Lemuel Brewster
646.223.5147
Lemuel.brewster@thomsonreuters.com
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,000 CFA charterholders in Toronto, making it the second-largest CFA Society in the world. It provides members with a local perspective on a global designation, including educational programs, sponsored events, job postings, quarterly newsletters, a comprehensive affinity program and networking opportunities. A not-for-profit organization, CFA Society Toronto is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry. CFA Society Toronto's members are leaders in ethics in the financial community. For more information, please refer to www.cfatoronto.ca.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com.
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 117,000 members in 140 countries and territories, including 110,000 CFA charterholders, and 140 member societies. For more information, visit www.cfainstitute.org.