In memoriam
Financial maths duo’s big win
25 July 2018 | Story Helen Swingler. Photo Supplied. Read time 1 min.
Master’s in financial maths students Cole van Jaarsveld and Bandile Mbele helped their international team clinch a coveted trophy by solving an investment problem for a Zurich private markets firm at the annual Financial Mathematics Team Challenge (FMTC).
In its fifth year, the challenge was held in Cape Town recently. It required a combination of the talents of students and practitioners to find solutions to some of the finance industry’s most pressing problems.
Teams included master’s and PhD students from University College London, Oxford University and ETH Zurich. Each team had seven days to come up with solutions and two days of presentations before the winner was chosen.
The UCT duo’s team worked on a solution for optimal investment timing in illiquid private markets, a problem posed by Zurich firm StepStone.
The FMTC also brought international researchers to UCT, providing a glimpse of the “dynamic environment” developing at UCT’s African Institute of Financial Markets and Risk Management, said its director, Professor David Taylor.
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
Please view the republishing articles page for more information.
Bongani Mayosi
1967–2018
The University of Cape Town mourns the passing of Professor Bongani Mayosi, Dean of the Faculty of Health Sciences, who left us on the morning of Friday, 27 July. While this is a very difficult time for both students and staff, particularly those in the Faculty of Health Sciences, it is also a time to reflect on and celebrate the incredible life of one of the university’s finest academics and researchers.
Read #RememberingMayosi messages that have been received from the community so far.
Read letters of condolence.
Announcements
Letters of condolence
#RememberingMayosi
Speeches
Related articles
