Mary Okada, President of Guam Community College and Student Competition Coordinator for the 2010 APAFS Student Investment Competition, along with Gerry Cruz, Chairman of APAFS presents the $500 scholarship awarded to Colleen Punzalan of the Guam Community College for her winning essay in this year's competition.

APAFS Announces Winners for Student Investment Competition in Asia Pacific  

The Asia Pacific Association for Fiduciary Studies (APAFS) announces the winners of this year’s “Write Investment” student competition. Students from different universities across the Pacific Region were invited to participate to win an all-expense paid trip to the 10th Pacific Region Investment Conference (PRIC), which will be held in Manila, Philippines on October 14 and 15, 2010 or a $500.00 scholarship fund to the student’s home institution.

Ruthy Maun of College of the Marshall Islands was awarded an all-expense paid trip to the conference while Steen Harris of College of Micronesia – FSM and Colleen Punzalan of Guam Community College each were awarded with a $500.00 scholarship fund to their home institution.

The PRIC gathers around more than 300 fund and trust managers, finance executives, ambassadors, industry leaders and experts in one venue to discuss best practices in the investment industry. It aims to provide participants with current developments pertaining to the relevant tools needed to measure performance of investment managers, investment consultants and other service providers.

“This competition is one of APAFS’ tools to educate and equip future members of the boards of retirement funds, social security funds and trusts and give them the opportunity to learn from regional financial leaders. We are privileged to be in partnership with top colleges and universities in the Asia Pacific Region who are likewise dedicated to ensuring that maximum opportunities are given to future finance leaders of the world,” says Daniel A. Roland, APAFS Executive Director.