Significant opportunity to professionalise financial advice in the post-Hayne era say CFA Societies Australia and CFA Institute

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CFA Societies Australia and CFA Institute today released policy recommendations in response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in Australia. The report, entitled “Professionalising Financial Advice”, was developed following extensive consultation with CFA Societies Australia Advocacy Council and other investment management industry leaders in collaboration with the […]

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Industry must provide ‘value to society’ to regain trust

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“Our industry is at a crossroads, largely because investors no longer see the value the industry brings to society and only meaningful change can restore that trust.” These are the words of Paul Smith, President and CEO of the CFA Institute, who yesterday addressed the CFA Australian Investment Conference 2015 on the need for fundamental cultural […]

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Survival of the fittest in financial services employment market

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Australian investment professionals are among the most pessimistic in the world when it comes to expectations of future employment, and nearly a quarter say the situation is getting worse. This is the industry reality the world’s leading association of investment professionals, the CFA Institute, is flagging. The figures come from the 2015 Global Market Sentiment […]

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Financial services employers urged to address confidence issue with ethical leadership

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The financial services industry in Australia is at a turning point and the crisis of trust must be addressed now, with leadership from the top. So says CFA Institute, the leading global association of investment professionals, which today applauded the role of government, regulators and the media in applying pressure to the industry, and highlighting […]

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Investment leaders cite interest rates, emerging markets as key in 2015

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Australian investment leaders and their global colleagues are united when it comes to expectations about oil prices and the most favourable global equity markets in 2015, but are at odds about the importance of interest rates, world GDP and emerging market economies. This is according to CFA Institute, the world’s leading association of investment professionals, […]

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Paul Smith Appointed President and CEO of CFA Institute

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CFA Institute, the global association of investment professionals that sets the highest standards for education, ethics and professionalism, has named Paul Smith, CFA, currently managing director, APAC and global head, Institutional Partnerships at CFA Institute, as its new president and CEO, effective immediately. Smith’s appointment comes after an extensive global search to lead the organization […]

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CFA Program 2014 Pass Rates Released – 46% overall

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46% of candidates enrolled in CFA examinations this year passed the exam. Globally this equated to 54,768 candidates. 54% of Level III candidates were successful. Pending experience and membership requirements, these successful candidates will become CFA charterholders starting in early October, bringing the number of charterholders worldwide to more than 125,000. There are over 2,000 […]

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Australian asset managers urged to adopt CFA Institute’s Professional Code on Ethics

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Managers asked to act with independence and objectivity More Australian asset managers should commit to global standards that outline the ethical and professional responsibilities of firms that manage assets on behalf of clients. In the wake of high-profile investment scandals during the global financial crisis (GFC), the need for asset managers to demonstrate an unwavering […]

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CFA Institute awards research prizes to professors from Tsinghua University, Sungkyunkwan University and Sogang University

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Research on pre-IPO financing sheds light on cost and performance of cross-border listings CFA Institute, the global association of investment professionals, has recognised Professor Ning Jia of Tsinghua University in China for her work on the resources and strategies that foreign firms conducting an initial public offering can employ to reduce cross-border information friction and […]

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New study highlights significant gap between perception and practice of ethical behaviour in financial services

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Addressing culture must be a top priority for creating a resilient and trustworthy financial services industry A study released yesterday by the Economist Intelligence Unit and sponsored by CFA Institute has shown that although financial services executives overwhelmingly recognise the importance of ethical behaviour in the industry, there is still a significant gap between that […]

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