University of Delaware win the 2018 CFAP Research Challenge
Just weeks after the Philadelphia Eagles scaled through the
series of play-offs and clinched the erstwhile elusive Super Bowl, another epic
clash of champions took place right here in Philadelphia. Thursday, February
15, 2018 witnessed the Finals of the 2018 CFAP Research Challenge and the event
lived up to the expectation of all who were privileged to grace this occasion.
Hosted at the Library Lounge of the prestigious Union League of Philadelphia,
this year’s edition had four of the top Universities slug it out for who would
represent the Philadelphia Area in the Americas Regional Finals of the CFA
Research Challenge; the four teams were from University of Delaware as well as Temple,
La Salle and Villanova Universities.
Prior to the formal commencement of proceedings for the
evening, guests mingled while the teams took the opportunity to squeeze in some
final practice. Likewise, the judges for the evening, Ed Hickey, CFA, Bud
Haslett, CFA and Kelley McKee, CFA, took their seats and prepared themselves for
what would end up being an exciting evening. The anticipation soon gave way as
Sean Heberling, CFA, offered a welcome remark that kicked off the competition.
In order to maintain fairness, the teams had to cast lots for the order of the
presentation of their research findings about Safeguard Scientifics, Inc (SFE).
With the four teams giving two sell, one hold and one buy recommendations for
the stock, it was clear to the audience that the judges had their work cut out
The victorious University of Delaware team flanked by their Advisor and Mentor.
The round of presentations was followed by a cocktail and
networking session, while the judges deliberated, hoping to the reward the best
team with their much deserved crown and tickets to Boston for the Regional
finals. The time then arrived, the winner of the 2018 CFAP Research Challenge
was to be announced, Sean Heberling, CFA, first thanked all the teams, mentors,
judges and volunteers for their efforts towards the success of this year’s
competition, and then, for the second year in a row, the University of Delaware
was named the winner of the competition. The Delaware team was ecstatic and did
not completely grasp the fact that their team had won the competition until the
Award Trophy was presented to them by Mike Neely, CFA.
CFA Society Philadelphia wishes to again congratulate
University of Delaware on their victory, and wish the team all the best in the