The CFA Institute Research Challenge is a global competition between academic institutions, organized locally in Brazil by the CFA Society of Brazil. The 7th edition of the local challenge took place from August to November of 2014, with participation of 10 universities: FEA-USP SP, FEA-USP Ribeirão Preto, UNB - Universidade de Brasilia, UFPE - Universidade Federal de Pernambuco, Unicamp, Insper, EAESP-FGV, Mackenzie, IBMEC Belo Horizonte, PUC-RJ.
Each one of these academic institutions was represented by a team of 3 to 5 students. These teams, under the supervision of a faculty advisor, prepared an investment recommendation report about Natura S.A, which is listed on the Bovespa and was chosen by the CFA Society Brazil.
The winning team of the 7th edition of the CFA Institute Research Challenge, who will be travelling to Atlanta, Georgia, USA in the week of 17 April 2015 to compete in the regional final of the CFA Institute Research Challenge, was the Insper team.
The CFA Society Brazil would like to thank its sponsors, Thomson Reuters, LCR Capital, and Factset, the support of Kaplan, and the efforts of CFA Society Brazil's volunteers.