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A four-person team from the Canisius University Golden Griffin Fund (GGF) secured first place in the Chartered Financial Analyst (CFA) Institute Research Challenge of Western New York, held Saturday, February 10.  Canisius University has dominated the CFA Research Challenge in Western New York since its inception in 2010.  This year marks the 14th consecutive first-place win for Canisius.

The Canisius team overcame competitors including SUNY Geneseo, University at Buffalo, University of Rochester (2 teams), Ithaca College and St. John Fisher to take home the first-place prize. The team now advances to the sub-regional challenge for the Eastern portion of the U.S.

The Golden Griffin Fund team that competed in the CFA Research Challenge in Western New York is comprised of Garet Long ’24, Maura Jordan ’24Max Kouznetsov ’24 and Andrew Finnerty ’24 (team captain).

The CFA Institute Research Challenge is an annual global competition that provides university-sponsored teams with hands-on mentoring and intensive training in financial analysis.  The competition tests the analytic, valuation, reporting, writing and presentation skills of students studying business, finance, and economics.  Teams are challenged to research a publicly traded company and write a written report with a buy, sell, or hold recommendation.  Teams must then present and defend their analysis to a panel of industry professionals who serve as judges in the competition.

Housed within the Richard J. Wehle School of Business and established in 2003, the GGF was one of the region’s first real-money, equity investment funds managed by undergraduate and graduate business majors.  GGF students select potential companies in which to invest, manage and analyze portfolio holdings, and evaluate and recommend companies to add to the portfolio.

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Submitted by: Richard J. Wehle School of Business