A group of three women from UK universities have won Majedie Asset Management’s Next Generation Investor competition.
Violaine Stevenin from Imperial College, Therese Peters, also from Imperial, and Jamie Sommer (pictured) from Bath University make up The Earthlings, the team that grew their portfolio by 7.93% over six months, winning the competition.
Majedie’s Next Generation Investor competition ran from 1 January to 30 June 2021 and gave each team a notional £25,000 to invest in listed global equities to trade as they wished, with guidance and training along the way.
In this exclusive video, ESG Clarity editors speak with Majedie CEO Rob Harris about the importance of encouraging more women into the industry. We also speak with the winning team themselves and hear from Majedie equity analyst Emily Barnard about how the competition worked.
The Earthlings grew their portfolio by 7.93%, compared to the 10.08% return from the MSCI All Country World Index. They are donating their profit of £1,983 to ClientEarth along with an additional £5,000 donation from Majedie, while the other two teams were awarded £1,000 and £500 to be donated to Charities Aid Foundation and UNICEF UK respectively. ClientEarth is an environmental charity with the unique approach of using the law to create powerful change that protects life on earth.
Rhiannon Collis, board director and head of clients at Majedie, said: “We are incredibly proud of the young women who have taken part in our Next Generation Investor competitions and are encouraged that a number of them have already gone on to pursue careers in financial services. The teams have benefitted from some early hands-on experience in stock selection and portfolio management during a time of extreme economic and societal instability. It has been a real pleasure for our team to mentor them and we will enjoy following their career progression.”