"Successful investing is about managing risk, not avoiding it."
The management of a real portfolio and the training that we give internally allows our members to acquire solid aptitudes focused on the real tasks of a financial analyst, such as macroeconomic analysis, selection of quality securities and financial modeling.
Networking with our former members is also very important, either to create long-term relationships, for tips on the hiring process or simply to clarify career choices. Every week, a finance professional meets us to talk about his career path and his current job.
About the FPHEC
The HEC Montreal Student Investment Fund (FPHEC) is an investment club that actively manages over $200,000. We have the objective of training the upcoming finance leaders of Montreal while serving as the school's premier finance association for undergraduates. Furthermore, the FPHEC is a great opportunity for undergraduate students at HEC to improve their knowledge about the financial world.
FPHEC follows a top-down approach based on fundamental analysis. The funds members are segmented into seven different sectors oversaw and supported by the executive team. The Global Macro team is in charge of defining the sector exposure based on their assessment of the current economic situation. Portfolio managers and their analysts will then take action and develop investment ideas, which are subject to approval by all members and the board of directors.
FPHEC’s core mission statement is focused on three pillars:
FPHEC by The Numbers
Asset Under Management