Competition Update 1

This year’s Investment Competition for sure got off to an exciting start! With an eventful week of US Midterms, Nasdaq’s biggest daily drop in almost two years and more volatile events, most of the Investment Groups were probably happy to sit on their cash instead and postpone the first investments of the year.

Interestingly enough, almost every single Investment Group outperformed the S&P 500 and MSCI World this week with both declining more than 2%, but that did not prevent a few winners in our competition from generating positive returns. Omega Investments takes the lead, while Porto d’oro and newcomer Phi Capital are not far behind
Let’s see how long they can remain on the podium in the first weeks of the Investment Competition!

Note: Investment Groups that submit their weekly update too late will be marked in Bold and have it’s returns underlined, as it will not represent the true M2 of the portfolio after points substraction.