CFA’s Smith on rebuilding trust
CFA Institute chief Paul Smith said in an exclusive interview that winning back the public's confidence would require lower salaries, courses in people skills, better self-regulation and more.
CFA Institute chief Paul Smith said in an exclusive interview that winning back the public's confidence would require lower salaries, courses in people skills, better self-regulation and more.
Hiro Mizuno, CIO of the world's largest investor, told the CFA conference that in exchange for multi-year commitments its mandates would now claw back fees when firms don't reach alpha targets.
Canada’s CPPIB and Caisse are both bullish on Asia, embracing hedge funds and separately managed accounts to capture opportunities, delegates at the CFA Institute Annual Conference heard.
A move from alpha-related products to outcome-oriented investments and the need for tech-savvy people are among emerging shifts that will be critical for success, a CFA Institute paper shows.
Steve Eisman, whose bet against subprime mortgages was chronicled in a popular movie and book, says reforms have reined in the leverage that led to his ‘end-of-the-world’ short from a decade ago.
A Harvard professor told the CFA Institute conference the humanities and finance could inform each other. He said the latter should not be demonised and blamed incentive schemes for many issues.
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