NextWise: CafedelaBourse partner 3rd Next Challenge

Café de la Bourse is a partner of NextWise’s Next Challenge for the second year in a row. This asset management competition, designed as a real educational journey, takes place from October 9, 2023 to April 18, 2024. Numerous meetings between competitors and challenge partners, but also meetings with many stock market players who support the challenge, interrupt competition. Providing content, support and educational tools, all these players will give participating students access to all the information they need to make the best financial decisions and win trophies.

Who is NextWise, the fintech behind the Next Challenge?

NextWise is a FinTech founded in 2019 by Roxana Hakimi-Tabrizi and Aldo Sicurani, in which the Federation of Individual Investors and Investment Clubs (F2iC) is a shareholder. Nextwise’s financial education platform offers a highly educational approach to investing.

Following the success of the previous two editions of the Next Challenge, Next Wise is repeating the formula in 2023-2024 and held its launch night on October 2, 2023 at Paris Dauphine-PSL University.

This is a new generation of investors who will be able to test their skills again in the coming months.

Also read our file How to invest in the stock market in 2023? Our step-by-step guide

What is NextWise Next Challenge?

The Next Challenge is more than just a stock market competition. This is a real wealth management competition that runs over 6 months, from 9 October 2023 to 18 April 2024. It is open to all students. NextWise provides a platform for participants in French and English to participate individually or as a team.

Participants will find content on the platform that will allow them to strengthen their financial knowledge, including in particular stock analyzes from the Café de la Bourse, in order to implement the best possible portfolio management.

It is possible to participate in the Next Challenge as an individual or in teams by creating an investment club of 5 to 7 members.

While those who want to participate as individuals benefit from a fictitious €50,000, those who want to work as a team are entrusted with virtual portfolio management of €200,000.

Participating investment clubs must take the form of a management company, whose statutes must be respected. For example, students will have to set an investment policy or define their investment world in advance.

Participants in the NextWise Next Challenge are judged on quantitative criteria for the portfolio and its management, such as volatility, level of risk, but also diversification or rebalancing, as well as qualitative criteria, such as teamwork. , communication within the group, their ability to answer questions or doubts about their strategy or even their creativity.

This asset management competition is punctuated by various challenges that allow students to increase the value of their portfolio by earning a virtual reward or earning additional points. We can name Video Pitch, Pitch Battle or Quiz in particular.

Also discover our article Discover the best stock portfolios of large investors

Café de la Bourse partner Nextwise’s Next Challenge

Café de la Bourse supports the Next Challenge initiative again this year.

Café de la Bourse, with its Café du Patrimoine and Café du Trading versions, aims to make investments understandable to as many people as possible by providing practical and educational information that is clear, simple and effective in order to optimize investment decisions.

The partnership with Next Wise around the Next Challenge is therefore obvious for a purely financial player, providing Next Challenge participants with numerous educational content and analysis, and especially stock market news articles such as stock or IPO analysis, top stocks, investment guides. , infographics, videos, etc.

Louis Yang, co-founder and editor-in-chief of Café de la Bourse, after being a member of the jury 2.Thursday Nextwise’s Next Challenge edition is also on Jury 3Thursday editing.

Pitch battle of the Next Challenge during the Investir Day show on November 28, 2023

The first pitch battle of the 2023 Next Challenge took place during the 5thThursday year of the Investir Day show, which took place on November 28, 2023 at the Carrousel du Louvre. During this event, 3 finalist investment clubs competed against each other. Before answering questions from the jury, they had a maximum of 5 minutes to present the quality of their team and the core elements of their investment strategy on stage in front of the jury members and the public. Blue Investment won ahead of Standard & Rich, followed by Les Druides de Wall Street who finished last on the podium.

Discover 3Thursday edition of NextWise Next Challenge

Source ofwith images: Freepik

All our information is general in nature. They do not take into account your personal situation and in no way constitute personalized recommendations for the purpose of carrying out transactions and cannot be compared to a financial investment advisory service or any solicitation to buy or sell instruments. The reader is solely responsible for the use of the information provided without any recourse against the publishing company Cafedelabourse.com. Cafedelabourse.com publishing company cannot be held responsible under any circumstances for error, omission or premature investment.

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