The Nova Investment Club has relaunched its NIC Fund on November 15th. 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 factsheet with the performance of our strategic portfolio, as well as a Read more…
The NIC Fund Annual Management Report is now available here. Between the February 24th 2012 and the August 31st 2012 our fund was able to provide a HPR of 8,69%, which would represent an annualized return of 17%, were we to keep up with the same growth rate verified at that moment. Since this return Read more…
The NIC Fund performance commentary for the month June 2012 is now available here. June started with below expected non-farm payroll figures in the US, as well as bleak manufacturing data in the UK and fears of a Chinese economy slowdown. Yet, the resolution of the political stalemate in Greece with Read more…
The NIC Fund performance commentary for the month May 2012 is now available here. May’s news regarding politics in Europe and the economy on both sides of the Atlantic created a fertile ground for further bearish sentiment, after the previous’ month stock market drop. Greece’s political stalemate and concerns about a Read more…
The NIC Fund performance commentary for the month April 2012 is now available here. After having experienced a month of negative returns during March, the Nova Investment Club Fund returned to green light zone in April by climbing 3.92%. The outstanding annualized reward-to-risk relationship of 47%-13% and the steady Sharp metric Read more…
The NIC Fund performance commentary for the month March 2012 is now available here. This month’s European markets remained flat, mainly due to last weeks’ considerable downturn after 2012’s first performance data had indicated Europe could be in for the best first quarter performance since 2006 (+7.7%). However, in the aftermath Read more…
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…