Class of 2024 highlights

When we began our journey as research associates at the beginning of 2023, we did not fully grasp the transformative impact the KWPMP would have on our lives. The chance to manage a multimillion-dollar real-life portfolio with full discretion is a rare and invaluable experience, one that many professionals may never encounter, let alone university students.

Joining a program with over two decades of history and an outstanding reputation was both thrilling and humbling. We were aware of the opportunity and responsibility entrusted to us, so we committed ourselves from day one to uphold the high standards set by past cohorts.

The learning curve was steep and often challenging, but it pushed us to grow and mature at a remarkable pace. Along the way, we participated in enriching experiences including attending the Quinnipiac GAME Conference in New York City where we met peers from around the world as well as connecting with New York-based alumni.

A proud moment for us as a cohort was winning the stock pitch competition at the inaugural CIBC Student Investment Fund Conference in Toronto, enabling us to cement KWPMP as one of the top student-run investment funds in Canada. We also competed in the CFA Institute Research Challenge that allowed us to hone our analytical skills under real-world conditions. These milestones deepened our knowledge of finance but more importantly, brought us closer together as a cohort.

When we look back on our journey, we realize the profound role the entire KWPMP community played in shaping our experience. The unwavering support of the client committee, mentors, alumni and other members of the KWPMP community were instrumental in our development.

We extend our heartfelt gratitude to everyone who generously shared their expertise and guidance over the past two years. Their advice and encouragement have been invaluable, providing direction and support every step of the way.

Portfolio performance

The class of 2024 performed exceptionally well last year, delivering third percentile performance - ranking second compared to BNY Mellon's peer universe of public pension plans, corporate pension plans and university pension plans.

CIBC Student Investment Fund Conference

The KWPMP became a recognized entity within university circles when it won top prize at the inaugural competition for university-run funds across Canada. The fund managers and research associates showed their fighting spirit while displaying their knowledge of portfolio management in front of hundreds of people.

CFA Institute Research Challenge

Unlike many other case competitions where speed is the essence in coming up with a solution, this competition spans months with a need to complete an in-depth analysis of the subject company. During the research phase, the students apply their knowledge and skills gained in the program to produce a high-quality research paper. The Class of 2024 won the Quebec Division.

If you would like a physical copy of the full 2024 Kenneth Woods Portfolio Management Program annual report, please contact Sukyong Yang, program director, at sukyong.yang@concordia.ca.