Warwick Academy regain pole position in KPMG Investment Challenge
Warwick Academy has leapfrogged back to the top of the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, regained the mantle it held in December.
As of February 28, Flirtingwithmodels had grown its initial $100,000 imaginary portfolio to $124,136, lifting it from third place at the end of January to the top of the pile at the end of last month.
Another Warwick Academy team, WA LITquidity, moved up one place to second with a portfolio value of $117,216, while January’s top team Chatmore British International School’s TC-1, slipped to third with $116,411.
In fourth are Berkeley Institute’s Money Maniacs, ahead of fifth-placed Bermuda Institute’s Stock-up, and sixth-placed CedarBridge Academy’s Wolves_ofWallstreet
Only three of the 22 young investment teams have lost money on their portfolio.
The teams competing in the KPMG Investment Challenge are pitted against other senior schools to see who can invest and grow their portfolio the most during a six-month period.
At the end of the contest, the top three teams win cash prizes for their school, to be used for educational initiatives.