Governance
Now is the time to professionalise
In this second contribution from the CFA Institute on finance professionals, CEO of CFA Societies Australia, Lisa Carroll, discusses the reform needed in that market.
Lisa CarrollJuly 10, 2019
The Latest
Organisational Design
Financial professionals should leverage
Financial professionals must learn to leverage disruption so that it can be used to clearly establish our purpose and our value to our clients and our investors. CFA Institute's CEO Paul Smith argues we should not fear it, nor should we fight it.
Paul SmithApril 25, 2019
Analysis
Investors face unprecedented change
AustralianSuper CIO Mark Delaney and CFSGAM’s Mark Lazberger told the CFA Australian Investment Conference that everything from technology to diversity was evolving to reshape the profession.
Claire StewartJanuary 4, 2018
Analysis
Equity risk premium appears intact
The equity risk premium will reflect long-term averages, based in part on a Financial Analysts Journal article that shows buybacks are now top drivers of equity returns, replacing dividends.
SIMON HOYLEJuly 13, 2017
News
Investors x embrace ethics
More than half of the world’s largest sovereign wealth funds, and around a third of the largest US state pension funds, have a disclosed code of ethics for their staff. According to the Public Fund Investment Policies 2015 annual review produced by the Ohio State University Moritz College of Law, a code of ethics helps […]
Amanda WhiteDecember 3, 2015
Events
Focus on integrity and ethics at Fiduciary Investors Symposium
Ethics and finance will top and tail the program at the Fiduciary Investors Symposium to be held at Chicago Booth School of Business, from October 18-20, highlighting the fact that as asset owners get larger and employ more staff they need to be clear on their own internal ethics and responsibilities. One of the world’s […]
Amanda WhiteAugust 7, 2015
Opinion
Big owners should act like big owners
One of the key ways that institutional investors can promote a long-term orientation in the companies they invest, is by rejecting a company’s compensation plan if it puts too much emphasis on short-term results, says Bob Pozen, visiting senior lecturer at the MIT Sloan School of Management. Writing in the Financial Analysts Journal, he says […]
Amanda WhiteAugust 5, 2015
Analysis
What’s the impact of the stock:bond correlation?
The correlation between stocks and bonds in a rising interest rate environment can turn positive. So given the likelihood of a rate rise, what should asset allocation look like if investors are forward looking? One of the growing trends in asset and risk allocations is to adopt a forward-looking view driven by macroeconomics, rather […]
Amanda WhiteMay 30, 2014