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Friday, 05 March 2010 00:00    Print
Energy Development Corporation subject of Investment Research Challenge
edc-reseachEDC investor relations manager Erudito Recio (2nd from left) with the winning team from UP Diliman. Also in photo are Citisec’s April Tan (leftmost) and then Philippine Stock Exchange (PSE) president Francis Lim (2nd from right).

ENERGY Development Corporation (EDC) was the subject of the second annual Philippine Investment Research Challenge. A project of Chartered Financial Analyst (CFA) Philippines, the competition aims to teach students from top universities best practices in equity research. As part of the competition, CFA selects a public company to be the subject of the student research reports. It culminated in January with the presentation of the students’ research to a panel of industry professionals.

The students from the University of the Philippines (UP)-Diliman bested the teams from Ateneo de Manila University, De La Salle University (DLSU) and the University of Sto. Tomas (UST) to bag the cash prize of P100,000 plus the right to represent the Philippines in the regional competition.

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