Recent CFA Institute Press Releases and
Announcements
Burton G. Malkiel at CFA Institute Annual Conference:
China to Be World’s Largest Economy in Next 20 Years
China was last in this position in 1820, when it accounted for more than
30 percent of world GDP.
Released
May 14, 2008
Thomas P.M. Barnett Forecasts Global Integration and
Growth of Global Middle Class during the Next 25 Years
Barnett also predicts the 21st century will be “the most religious in
human history.”
Released
May 13, 2008
Recent Decay in Performance of Many Quantitatively
Managed Funds Can be Attributed to Rising Correlations, Style Rotation,
“Herding” Phenomena and the Activity of Hedge Funds
The search to find new predictive factors is on, according to a study
published by the Research Foundation of CFA Institute.
Released
May 12, 2008
David R. Beatty, CFA, Offers Tips for Investors to
Determine Whether a Company’s Governance Fosters Long-Term
Performance
Beatty shared an acronym, SPISE, for investors to consider when
determining whether a company is being governed with a focus on long-term
performance.
Released
May 12, 2008
J. Luther King, Jr., CFA, Receives Forrestal Leadership
Award from CFA Institute
This award is presented to members of CFA Institute who have championed
the pursuit of excellence in professional ethics and standards of
practice.
Released
May 12, 2008
Current Market Conditions and Conduct Necessitate an
Extension of the UK Market Abuse Regime’s Provisions
The CFA Institute Centre supports a temporary extension of the
superequivalent provisions of the UK regime on market abuse.
Released
May 7, 2008
Global Finance Conference Participants Predict That
Credit Squeeze Will Have Most Impact on U.K. and U.S.
Economies
An advance poll of attendees to the Annual Conference predicted that
China, India, Russia, and Brazil will overcome the effects of the credit
squeeze in a year or less.
Released
May 2, 2008
CFA Institute Announces Results of Second Annual Global
Investment Research Challenge
Hong Kong Baptist University’s four person team presented the winning
report on China Mobile Limited.
Released
May 2, 2008
Todd A. Jankowski, CFA, Joins CFA Institute to Lead
CIPM Program Curriculum Development
“I am eager to guide the further development of a well-regarded
professional credential that specializes in performance measurement,”
said Jankowski.
Released
April 30, 2008
CFA Institute Global Investment Performance Standards
Cited by President’s Working Group on Financial Markets
The group recommends that investors require hedge fund and hedge
fund of fund managers to comply with GIPS.
Released
April 21, 2008
Universidad Carlos III de Madrid (UC3M) Wins European
Leg of CFA Institute Global Investment Research Challenge
The team will now face teams from across the world in the global final
in New York on 1 May.
Released
April 18, 2008
CFA Institute Centre Says Fair Value “Smoothing”
Will Mask the Reality of Market Conditions and Allow Companies to Hide
Risk
CFA Institute Centre maintains strong support of FASB and IASB
discussion paper endorsing the broad use of fair value measurement.
Released
April 17, 2008
CFA Institute Announces Judges for Second Annual
Global Investment Research Challenge
The teams will present their findings at the Global Challenge to a panel
of top industry professionals.
Released
April 14, 2008
Hong Kong Baptist University Wins the CFA Institute
Asia-Pacific Regional Investment Research Challenge
The team will now advance to the Global Investment Research Challenge in
New York.
Released
April 14, 2008
Journalists Invited to Hear Investor Perspective on
Fair Value (“Mark to Market”) at CFA Institute Centre
Roundtable
Journalists are invited to attend an on-the-record roundtable of
investor advocates that will address fair value vs. risk management,
treatment of illiquid securities, and investors’ calls for improved
transparency of financial reporting.
Released
April 7, 2008
CFA Institute Centre Statement on Proposed Changes to
the U.S. Regulatory Structure
"We urge Congressional leaders, regulators, and other industry
participants to not jump to change or create new regulation unless we
have carefully considered what led to this crisis" says Kurt Schacht,
CFA.
Released March 28, 2008
CFA Institute Centre Comments on KPMG
Accusations
"If the allegations are true, it confirms there is no regulatory
catch-all against fraud, particularly where the main line of defense, the
auditor, is potentially complicit," says Kurt Schacht, CFA
Released March 28, 2008
CFA Institute and Wharton School Launch Wealth
Management in Practice Executive Education Program
The program gives participants the business acumen needed to develop a
successful practice.
Released March 28, 2008
Graham and Dodd
Award Presented to William F. Sharpe
Sharpe received the award for his article “Expected Utility Asset
Allocation,” which appeared in the September/October 2007 Financial
Analysts Journal.
Released March 25, 2008
Vanguard Founder John C. Bogle Reflects on “Black
Monday and Black Swans”
Application of probability laws to financial markets is “badly
misguided,” according to Bogle’s article in the Financial Analysts
Journal.
Released March 18, 2008
CFA Institute Centre Says Fair
Value Being Used As a Scapegoat
The CFA Institute Centre for Financial Market Integrity reaffirmed its
support for fair value as the most transparent measurement for investors
to analyze financial statements.
Released March 17, 2008
Freakonomics
and The Black Swan Authors to Speak At
CFA Institute Annual Conference
More than 1,000 investment professionals will learn from industry
experts about the role of investment management in the global economy.
Released March 17, 2008
RSM Becomes First CFA Program Partner in
Benelux
The Rotterdam School of Management announced today that it is the first
institution in the Benelux to become a Program Partner with CFA
Institute.
Released March 14, 2008
Investors
Want Lasting Changes in Executive Compensation
Policies
The CFA Institute Centre for Financial Market Integrity today
restated its call for improved disclosure, transparency, and shareowner
influence on executive pay practices.
Released March 13, 2008
CFA Institute President and CEO, Jeff Diermeier,
CFA, Appointed to Janus Capital Group Board of Directors
Diermeier will serve a three-year term on the board and his appointment
will be voted on at the May 1, 2008 Janus shareholder meeting.
Released
March 12, 2008
New Study Finds Significant Benefits to Investors
Who Invest in Precious Metals
Study tracks the long-term benefits of several strategies that add
precious metals to investment portfolios; four major findings are
reported.
Released
March 3, 2008
CFA Institute Centre for Financial Market Integrity
Responds to FAF Governance Decisions
The CFA Institute Centre looks forward to working with FAF, FASB, and
GASB to advance the principles of independent and transparent standard
setting.
Released
February 27, 2008
New Market Risk, Ethics, and Subprime Crisis
Educational Web Tools Available From CFA Institute
Learn more about current market, ethical, and economic issues with the
new CFA Institute “Take 15” webcast series.
Released
February 25, 2008
CFA Institute President and CEO, Jeff Diermeier,
CFA, Appointed to XBRL U.S. Board
XBRL US is a non-profit confederation of organizations that represent
investors, the accounting industry, and software and service
providers.
Released
February 22, 2008
Time to Pay Attention to Executive Pay in Asia, Says
Financial Analysts' Interest Group
Asia's disclosure environment lags international best practice, putting
investors at risk.
Released
February 20, 2008
Analyzing Investment Research Can Help Investors
Weather a Turbulent Market, Says CFA Institute
“Investment research plays an important role in the investment
decision-making process, and it can vary in terms of quality and
usefulness,” said Stephen Horan, CFA.
Released
February 6, 2008
CFA Institute Centre Encouraged by Global Regulators’
Focus on Credit Rating Agency Industry Reform
The CFA Institute Centre suggested eight further proposals to the
CRA industry.
Released
February 5, 2008
Todd Parker Lowe, CFA, Re-Elected Chair of CFA
Institute Presidents Council
Lowe has served as chair since September 2006; his second term will
begin September 1, 2008.
Released
February 5, 2008
Private Wealth Expert, Stephen Horan, CFA, Available
for Comment on U.S. Economic Stimulus Package
“What’s interesting about this proposal is the yet-to-be-determined
impact it will have on the soft housing market and the durable goods
sector,” said Horan.
Released
January 25, 2008
39 Percent of 37,573 Candidates Worldwide Passed
December 2007 Level I CFA Exam
The December exam was offered at 52 test centers in 29 countries
worldwide.
Released
January 23, 2008
CFA Institute Centre Expresses Disappointment with U.S.
Supreme Court Decision on Shareholder Lawsuits
Investor advocate concerned about implications for shareholder
rights.
Released
January 18, 2008
CFA Institute Congratulates 6,427 New CFA
Charterholders With Annual Global Announcement
CFA Institute honors new charterholders with congratulatory announcement
for third consecutive year.
Released
January 17, 2008
New Manual from CFA Institute Centre Sheds Light on
the Global Components, Risks, and Rewards of Executive
Compensation
Manual examines how executive
compensation is determined, the elements of compensation, governance
practices, and associated risks for investors.
Released
January 2, 2008
56 Percent of CIPM Candidates Passed Expert
Exam
CFA Institute today announced that 56 percent of the Expert level
candidates in the CIPM program passed the examination.
Released
December 19, 2007
CFA Institute Centre Calls for "Knowledge Base"
in Response to CESR's Consultation on Key Investor Information
The CFA Institute Centre
emphasises that the KII should not limit itself to catering for the
‘lowest common denominator’ of investor understanding.
Released
December 18, 2007
CFA Institute Centre Calls for Single Global Hedge Fund
Standard with a Greater Focus on Investor Protection and Ethical and
Professional Conduct
The CFA Institute Centre welcomes the efforts of the HDFWG in seeking to
develop a self-regulatory template for the hedge fund industry.
Released
December 13, 2007
CFA Institute Names Robert Johnson, CFA,
Deputy CEO
Robert R. Johnson, CFA, has been named deputy CEO while continuing
as managing director of the Education Division.
Released
December 10, 2007
Press Release Archive