AlphaStars Contest Rules
FactSet's AlphaStars competition is designed to be challenging, fun, and rewarding for the contestants.
For the U.S. and Europe portfolios: Each contestant competes individually and is allowed a maximum of six live ideas (long and short) at any one point. A minimum of four ideas is required to participate with at least one short idea. Start and close prices will be real time. Intra-day ideas will not count. Absolute performance will be measured and the ranking will be based on the absolute return on the ideas (weighed by conviction).
For Europe portfolios: The names of the top 5 performing individuals every month will be published in EuroHedge (subject to your prior approval). The individual ideas and full ranking will not be made available. Hence, only winners will get recognition.
For the Japan, India, and Asia ex-Japan portfolios: Each contestant competes individually and is allowed a maximum of six live ideas at any one point. A minimum of four ideas is required to participate. Ideas will be priced at the time they are created or closed. Minimum market cap of $500M USD and minimum daily liquidity of $1M USD required. The default performance measure will Relative Period Return, benchmarked against MSCI Asia Pacific ex Japan, MSCI India, and MSCI Japan in U.S. dollars.
The names of the top 3 performing individuals every month for each portfolio will be published in AsiaHedge (subject to your prior approval). The individual ideas and full ranking will not be made available. Hence, only winners will get recognition.
Participation in the AlphaStar competition is by request only. The service is offered free of charge, but entirely at the discretion of FacSet AlphaMetrics. As such we reserve all right to change, alter, or terminate this service.
Good luck!