Investment Competition Winners

Investment Competition Winners

The Moreton U6 team of Katie, Lucy, Katharina and Tilly were named as winners of the Rotary Club's Investment Competition after seeing their 'virtual' portfolio rising by an incredible 40%. 

In the Autumn term of 2015, nine teams from Moreton Hall entered the Rotary Club of Oswestry's annual Investment Competition, which is open to local schools and run in conjunction with the Oswestry branch of HSBC bank. Each team of four students started in November with a theoretical £10,000 with which to play the UK stock market, and the team with the highest portfolio at the end of April 2016 was the winner.

Moreton's U6 team, 'Pablo Chacon', was a clear winner, with their portfolio rising by an amazing 40%, well outpacing the FTSE 100 Index and most (if not all) City Fund Managers! It was a particularly strong performance since share prices were falling for much of  this period, due to fears of a China slowdown and falling oil prices. 'Pablo Chacon' was made up of three Economics students, Katie, Lucy and Katharina, and one Business Studies student, Tilly. Their initial strategy was a high risk one, since they invested the full £10,000 in oil and mining stocks. However, this brave strategy clearly paid off, with their portfolio standing at £13,988 on April 30th.

The portfolio of another Moreton team, this time from the U5, the 'Four Marketeers', also performed well, bringing in a return of 17% over this 6 month period, placing them third overall. This team, made up of Camilla, Emily, Lara and Beth, had invested their money in the biopharmaceutical and mining sectors.

This competition was an invaluable opportunity for all the students who took part. They learnt a lot about how the share market works and the impact of global economics news on companies' share prices. We look forward to entering again next year, although this year's performance will be hard to beat!

The photo shows Lucy and Katie with John Ward from the Rotary Club and Angela Jarman from HSBC bank at the presentation lunch on Monday 6th June at the Wynnstay Hotel in Oswestry. The girls won £25 each, plus a HSBC goody bag, and Moreton Hall, as the winning school, won £100.