The competition has ended and the final ranking has been established. It was a crazy year: not only did we experience the worst investment year since the Global Financial Crisis; we also witnessed a most-exceptional vote by the Britons to leave the EU that may put the whole union in great danger. Besides these global events, we also witnessed some unique events in our very own competition: two groups managed to return -100%, which has never occurred before in B&R history. Yes, we’re talking about the legendary Quants and their copycats from Taurus, who have made us entirely forget about how Rising Investments was the greatest loser in B&R history last year. Striking as this may seem, you might be even more astonished to see your group below them in the ranking, as Quants and Taurus are in 19th and 20th place respectively. Apart from them, by far most groups ended the year in negative territory and it’s been the worst B&R Investment year in history. However, six celebrated groups managed to make profits and they should receive some applause.
Although the exact intra-top-five ranking will not be revealed until the End-of-the-Year Barbecue on July the 8th, it is needless to say that these groups have done very well. Therefore, we congratulate you! The fact many new groups did very well, shows that in the investment world experience is definitely no guarantee for success, as well as that investment novices are certainly able to succeed.
One of these new groups, TMT Investments, managed to get a nice positive return of 4.17% with a very low volatility. The group that is in last place, on the other hand, is one of the more experienced groups: CMG Investments. The Brexit ruined their Sterling position and made them plummet to the lowest rank last week. They weren’t the only ones however: the same happened to AAP Investments. Alpha Investments also took a last-minute plunge as their Barclays turbo long vaporized. By contrast, Ad Infinitum, this year’s most volatile group, managed to gain 19% in last-minute returns.
All in all, this year might be one that would be better to forget about, investment-wise at least. In order to help you with this, on the 8th of July you are all very welcome to join us for dinner (if you subscribed) and a whole bunch of beers at the End-of-the-Year Barbecue. We as B&R sincerely hope that you, despite the bad returns, enjoyed your time with us and we hope to see you all again next year!
Written by Justin van Haaren