The Nova Investment Club has launched its new NIC Fund 2012 on February 24th. The main objective of this virtual fund is to stimulate and provide knowledge regarding empirical finance research and portfolio management skills. Every month we will provide a fact sheet with the performance of our strategic portfolio, as well as Read more…
The NIC Fund investment outlook for the month of April 2011 is now out! As for the fenced economies in Europe, Portugal is joining the likes of Ireland and Greece in asking the EU for direct intervention. Preliminary details point to a EUR80bn plan, most likely with a duration of Read more…
The NIC Fund investment outlook for the month of March 2011 is now out! Uncertainty and times of change characterize the upcoming month of March. Markets are expecting announcements and verdicts taken by the EU with regards to the sovereign debt crisis and the recovering European economies. In a time Read more…
The NIC Fund investment outlook for the month of February 2011 is out! Markets are moving in the sidelines, while investors waiting for developments on the themes of European sovereign crisis, political uncertainty in the Middle East, and proactiveness of central banks in tackling mounting inflationary pressures, before making bold moves in Read more…
This month the NIC Fund report of trading strategies comes out later. This was due to several time constraints imposed to the management team, and to the fact that the new members are being integrating in the reporting process, which obviously takes time. Nevertheless, prospects are bright and the full Read more…
You can now consult the Commentary on the Performance of the NIC Fund so far this month. A brief summary is presented below. Over the period under review, performance translated into a positive total return of 229 basis points, over a standard deviation of 2,38% (non-annualized measures). Positive days accounted for more Read more…
This month the NIC members propose a diversified set of trading strategies, focusing mainly on Emerging Markets and Commodities. Be sure to check out the complete report here. Market Outlook It is a strange world we are living these days, one other major economic bloc (but the Eurozone) is willing to sacrifice future Read more…
Please find the commentary on our fund’s performance for this week in the following link: Performance Commentary – September 20, 2010. Over the period under review, performance was a positive total return of 72 basis points, over a standard deviation of 0.85 (non-annualized measures). These figures reflect a strong decline in Read more…
Today, September 13th, we unveil to the investment community the first NIC fund report, for the month of September, in document and media formats. This month the NIC members, faced with the current outlook, adopted different views on how to take advantage of the expected upcoming market developments. The sentiment was in general bullish, Read more…
As part of the club’s objectives in stimulating students interest in the financial markets, the NIC has its own investment fund. In fact, the club was initially conceived purely as an investment vehicle for the founders. However, legal constraints have considerably hampered the initiative, creating large inflexibilities in the way Read more…