Become a Fantasy €1,000,000 Portfolio Manager with the eFinancialCareers’ Investment Challenge

June 17, 2008 - PRLog -- Following the success of last year’s inaugural Investment Challenge, in which over 1000 students from across Europe battled to show they were the best investment trader, eFinancialCareers.com, the UK-based global financial careers website, is pleased to announce that registration is now open for its second Investment Challenge sponsored by leading investment management firm, Fidelity International.

Eligible to students from any university or business school across Europe, players will have up to three months starting 1 July 2008 to execute their winning investment strategy using a €1,000,000 fantasy investment fund.

Fantasy traders will be able to deal through all the main European equity exchanges including the London Stock Exchange, EURONEXT, Frankfurt Stock Exchange and Zurich Stock Exchange. However, participants will be restricted to maximum of 50 trades and a minimum of 10 trades in the period so as to mirror a typical mid- to long-term fund.

Additionally, there will be a 5% commission charge on each buy and 0% commission on each sell thereafter from 1 August 2008.

Alison Traboulsi, Graduate Marketing Manager at eFinancialCareers.com, commented:

“We are delighted that, once again, Fidelity International has chosen to sponsor this competition. We have worked closely with Fidelity International this year to design a challenge that specifically encourages players to employ strategies that are most effective over the course of the three months as opposed to simply day trading – which is not allowed in the competition. In these current testing market conditions, we look forward to finding out who can not only beat the markets but also their fellow players.”

The top trader will be rewarded with an Apple iPhone and the top ten competitors will be invited to a winners’ ceremony in October.

The registration period commences 16 June 2008 with the challenge formally starting 1 July 2008 and lasting to 26 September 2008.  

Please visit www.efinancialcareers.co.uk/fidelitychallenge for more information and to register.

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About eFinancialCareers

eFinancialCareers, a Dice Holdings, Inc. company, is the leading global career site network for professionals working in the investment banking, asset management and securities industries. The website provides financial services professionals with job opportunities, job market news and analysis, salary surveys and career advice.  Recruiters and employers can post jobs targeting specific sectors within the financial services industry, both buy-side and sell-side, and can search the resume database for highly qualified and specialized professionals.  eFinancialCareers has a network of co-branded career sites with industry-leading trade publications and offers local websites in 15 markets and five languages across North America, Europe, the Middle East and Asia-Pacific.  www.eFinancialCareers.co.uk

Further press information

Please contact Christian Pickel or Brooke Paul (gth media) on 020 7153 8036/8035 for further details.