CFA Institute Audio Podcasts

The European Economy in the Global Financial Crisis

CFA Institute — Wed, 18 Nov 2009 10:00:01 EST

In this podcast, Martin Wolf gives an overview of the European economy in the global crisis.

Best Practices in Global Estate Planning for High-Net-Worth Clients

CFA Institute — Thu, 12 Nov 2009 10:00:01 EST

In this podcast, Victoria Dalmas discusses the following: Preparing for global trends in tax enforcement and the impact of recent moves by the G-20 and OECD -- Navigating the complexities and opportunities of the international client -- Understanding the holistic needs of wealth owners and how to address them.

Is There Alpha in Sustainable Investments?

CFA Institute — Thu, 12 Nov 2009 10:00:00 EST

In this podcast, Burkhard Varnholt discusses the following: Could the focus on earnings have resulted in overlooking sustainability? -- Coming and accelerating scarcity of water, food, and energy -- Could sustainability risk filter result in superior performance?

Common Behavioral Biases Investors Need to Know About

CFA Institute — Wed, 04 Nov 2009 10:00:00 EST

In this podcast, Alistair J. Byrne, CFA, discusses the following: Behavioral finance vs. traditional finance explained -- Examples of key behavioral biases related to investment -- Practical illustrations of uses of behavioral finance for professional investors.

Where No Man (or Government) Has Gone Before

CFA Institute — Thu, 15 Oct 2009 11:02:00 EST

In this podcast, James Grant discusses the following: The ability of the U.S. Federal Reserve and other central banks to manage massive government intervention, maintain faith in their currencies, and prevent the "inevitable" inflation in the long run -- The new bigger, bolder law of unintended consequences -- Bondholder rights in the new era.

Observations of the Financial Crisis and Market Liquidity

CFA Institute — Thu, 15 Oct 2009 11:01:00 EST

In this podcast, Mark A. Marinella, CFA, discusses the following: What are the lasting implications of the financial crisis on portfolio construction? -- Has liquidity risk altered investment decision-making processes? -- Can the bond market function without the support of government programs?

Perspectives of a Bond Maven

CFA Institute — Thu, 15 Oct 2009 11:00:00 EST

In this podcast, Daniel J. Fuss, CFA, discusses the following: Lessons from the past - what has experience really taught us? -- The importance of trust and the sanctity of the capital structure -- Portfolio construction and opportunities for flexible mandates.

The Importance of Risk and Attribution in the Post-Madoff Era

CFA Institute — Fri, 09 Oct 2009 11:02:00 EST

In this podcast, Dan diBartolomeo discusses the importance of risk and attribution in the post-Madoff era.

GIPS 2010: Preview of the New Standards

CFA Institute — Fri, 09 Oct 2009 11:01:00 EST

In this podcast, Jonathan A. Boersma, CFA, and Karyn D. Vincent, CFA, CIPM, discuss: Treatment of non-fee-paying portfolios -- The move to fair value -- Revisions to the Compliance Statement -- New requirements for composites and benchmark standard deviation -- New risk disclosures -- Moving the after-tax provisions.

Firm Management: Where Does Performance Fit?

CFA Institute — Fri, 09 Oct 2009 11:00:00 EST

In this podcast, Stephen Campisi, CFA, James M. Edmonds, CFA, and Holly H. Miller discuss the following: What is the performance team’s role in the investment process? -- Who should the performance team report to? -- How can the performance team best be positioned to add value?

Islamic Finance: Shari'a Governance

CFA Institute — Fri, 02 Oct 2009 10:00:00 EST

In this podcast, Rodney Wilson discusses Shari'a governance issues related to Islamic Finance.

Value Risk Management, Macro Conditions, and the Current Crisis

CFA Institute — Mon, 28 Sep 2009 12:10:00 EST

In this podcast, Bruce Greenwald discusses the following: Foreign trade policy -- Global currency -- Productivity gains and employment weakness.

The Future of Investment Management

CFA Institute — Wed, 26 Aug 2009 12:18:00 EST

In this podcast, which is a tribute to the late Peter L. Bernstein, Robert D. Arnott discusses the following: The role of finance in the economy and an overview of the history of finance -- The blessings finance has created --The problems finance has created.

Career Management and Job Search Planning

CFA Institute — Thu, 11 Jun 2009 12:18:00 EST

In this podcast, Patty Buchek discusses the following: Learn a concrete, 7-phase action plan for job searching -- Discover a career coach's best practices for avoiding the "black holes" of job search -- Walk away with an actual job search check list -- Renew your confidence, optimism and motivation.

Sovereign Wealth Funds: How Energy Is Contributing to a Global Reallocation of Wealth

CFA Institute — Wed, 10 Jun 2009 10:20:00 EST

In this podcast, Rachel Ziemba discusses the following: Are sovereign wealth funds here to stay, and will their influence necessarily be linked directly to the current price of crude oil? -- What role will sovereign wealth funds that are dependent on oil royalties play in global markets over the long term, and how might they shape the future of the energy industry? -- How are sovereign wealth funds in non-oil-exporting countries also invested in the energy markets?

Unconventional Resources: Canada's Oil Sands

CFA Institute — Wed, 10 Jun 2009 10:19:00 EST

In this podcast, Rick George discusses the following: Opportunities presented by an unconventional petroleum resource basic with oil reserves second only to Saudi Arabia -- Challenges to growth, including cost factors and environmental concerns that are attracting global attention -- Benefits of the oil sands, including fueling the Canadian economy, helping to meet U.S. energy demand, and supporting continental energy security.

The Changing Geopolitics of Energy: Oil, Climate, Security, and Risk in the 21st Century

CFA Institute — Wed, 10 Jun 2009 10:18:00 EST

In this podcast, Amy Myers Jaffe discusses the following: The world's dependence on oil and gas from the Middle East, Russia, Nigeria, Venezuela, and other politically volatile regions -- The relevance of emerging energy resources to energy mega-consumers in a world of increasingly tight supply and significant long-term demand growth -- Global supremacy and carbon politics.

Managing through Chaos: Motivating Your Team during Difficult Times

CFA Institute — Mon, 08 Jun 2009 12:18:00 EST

In this podcast, Jamie Ziegler and Jim Dethmer discuss the following: The importance of perspective -- How to move through fear to curiosity -- How to maximize your energy -- Why more communication and appreciation are key.

Managing Your Career Like You Manage Client Portfolios

CFA Institute — Fri, 05 Jun 2009 08:18:00 EST

In this podcast, Paul Olschwanger discusses the following: Developing the mindset and skills that will allow you to break through to the next level of meaning and long-lasting fulfillment of your career -- Formulating a better understanding of who you are and how your professional needs can be met -- Improving your communication skills, leadership, networking, and how to best work with recruiters.

Central Banking and Monetary Policy in Emerging Market Nations

CFA Institute — Thu, 04 Jun 2009 12:18:00 EST

In this podcast, David F. DeRosa discusses the following: How emerging market central banks differ from the major central banks -- What a central bank can do to prevent speculative bubbles -- Why central banks choose different tools and targets, and the inherent limitations of monetary policy.

The Next Stage in the Life Cycle for Alternative Investments

CFA Institute — Thu, 04 Jun 2009 12:17:00 EST

In this podcast, Robin S. Pellish discusses the following: The evolution of the process of allocating risk capital to alternative strategies -- Risk management changes from both the client and manager perspectives -- Manager selection, due diligence, and paying only for alpha in the next stage of the cycle.

The Evolution of Financial Advisory Services in Today's Market Environment

CFA Institute — Thu, 04 Jun 2009 10:12:00 EST

In this podcast, Maria Elena Lagomasino discusses When the dust settles, what might the financial advisory and wealth management industry look like? -- How has the financial crisis affected client needs, and how might advisers be changing to meet them? -- How can trust be restored and maintained in light of institutional failures, high profile frauds, and other disruptions?

Where Are We and Where Are We Going?

CFA Institute — Fri, 15 May 2009 11:16:00 EST

In this podcast, Marc A. Siegel discusses the following: History of the most contentious current issue in financial reporting -- The controversy regarding the potential for further use of fair value in financial reporting -- Implications for other accounting standards projects that are currently on the agenda both in the United States and abroad.

Assessing Valuation Levels in Times of Market Uncertainty

CFA Institute — Fri, 8 May 2009 11:16:00 EST

In this podcast, Peter Schiff discusses the following: What will be the next stage of the financial crisis, and how should investors prepare -- What global strategies will best position long-term investors.

Asset Allocation in the Presence of Fat Tails

CFA Institute — Thu, 7 May 2009 10:16:00 EST

In this podcast, Derek A. Sasveld, CFA, discusses the following: How investors should adapt their capital market assumptions in today's environment -- The challenges extreme events pose to asset valuation techniques, risk–return trade-offs, and active management -- The appropriateness (and costs) of different forms of “insurance” against fat tail events.

The Municipal Industry in an Era of Illiquidity, Volatility, Ratings Ambiguity, and Market Manipulation

CFA Institute — Thu, 7 May 2009 10:16:00 EST

In this podcast, Thomas G. Doe discusses the following: What impact has the credit crisis had on the primary and secondary markets for municipal bonds? -- What is the impact of credit spreads on municipal bond yields? -- Where are the most promising opportunities for tax-exempt bonds?

Global Systemic Risk: What We've Learned and the Way Forward

CFA Institute — Thu, 7 May 2009 10:16:00 EST

In this podcast, Nouriel Roubini discusses the following: Outlook for the U.S. and global economy -- Should we worry about inflation/deflation? -- Implications for major asset classes.

Solutions for the Pension Crisis

CFA Institute — Thu, 7 May 2009 10:16:00 EST

In this podcast, Ronald J. Ryan, CFA, discusses the following: Developing an appropriate benchmark -- Understanding the relationship between asset allocation and the funded ratio -- Redefining beta and alpha as liability beta and alpha.

Managing Geopolitical Risks in the Portfolio: Focus on Energy, Commodities, and Emerging Markets

CFA Institute — Wed, 6 May 2009 10:16:00 EST

In this podcast, Marvin Zonis discusses the following: Why now, more than ever, political risk analysis is an essential component of the investment decision-making process -- Trends in geopolitical risk and what investors should be watching now.

The Future of Financial Services: Where's the Value?

CFA Institute — Wed, 6 May 2009 10:16:00 EST

In this podcast, Daniel W. Latimore, CFA, discusses the following: The influence of regulation and commoditization -- What clients value and are willing to pay for -- How firms must redesign their organizations to survive and thrive.

Understanding Islamic Finance: Investment Opportunities and Challenges

CFA Institute — Wed, 6 May 2009 10:15:00 EST

In this podcast, Shaykh Yusuf Talal DeLorenzo discusses topics relating to Islamic Finance.

Moral Hazard: The Long-Lasting Legacy of Bailouts

CFA Institute — Wed, 6 May 2009 10:14:00 EST

In this podcast, William Poole discusses the following: Bailouts and the mispricing of risk -- The instability of a bailout economy -- Public policies to end bailouts.

GIC Food and Water Panel Discussion

CFA Institute — Thu, 16 Apr 2009 10:14:00 EST

In this podcast, a panel of experts discuss how the TARP fund and energy policy affect agriculture and speak about investing in food and water.

Food and Water: Geopolitical Risk

CFA Institute — Thu, 16 Apr 2009 10:13:00 EST

In this podcast, George Friedman discusses the geopolitics of food shortages and asserts that food production and distribution is a political issue, not an economic one.

Food and Water Shortage: Path to Global Instability?

CFA Institute — Thu, 16 Apr 2009 10:12:00 EST

In this podcast, Congressmen Frank LoBiondo and Robert Andrews discuss why the U.S. should increase investment in developing nations in order to improve water and food quality and about how improving conditions in developing countries requires a multi-national effort.

A Short Seller's Guide to Risk Management

CFA Institute — Fri, 20 Mar 2009 12:12:00 EST

In this podcast, James B. Clunie, CFA, ASIP, discuss the following: Understanding the risks that short sellers face -- Using stock loan data to assist in identifying and mitigating risks in short selling -- Investigating how long-only investors can benefit from knowledge of short sellers' behavior.

War Stories from the Past Year: A Survivor's Guide

CFA Institute — Fri, 20 Mar 2009 12:11:00 EST

In this podcast, Alan J. Brown, FSIP, discuss the following: Determining a market value when there is no market -- Dealing fairly with redemptions in the midst of crisis -- Weathering the storm without losing your nerve.

Firm Management: A Key to Selecting Managers

CFA Institute — Tue, 10 Mar 2009 12:11:00 EST

In this podcast, a panel of experts discuss the following: Managing the liquidity of hedge funds -- Ensuring continuity of investor capital for short term and long term -- Using best practices for the management of an alternative investment firm.

Transparency and Other Issues in Financial Statement Analysis

CFA Institute — Fri, 16 Jan 2009 11:13:00 EST

Jeremy Perler, CFA, speaks on the following: Striving for continuous improvement in investment research -- Uncovering misleading metrics and avoiding financial shenanigans -- Understanding the implications of new accounting rules and regulations after the credit crisis.

Conversation with a Money Master 2008

CFA Institute — Fri, 16 Jan 2009 11:10:00 EST

In this podcast, hear a conversation with V. Prem Watsa, CFA, a renowned value investor who will discuss his investment approach, guiding principles, and current outlook.

The Wealth Management Industry and Today's Wealth-Owning Families—From Chaos Comes Opportunity

CFA Institute — Mon, 29 Dec 2008 11:12:00 EST

Philip Marcovici speaks on the following: What is the future of bank secrecy in international private banking? -- How will regulatory changes and information sharing between governments affect the private banking industry? -- What are the skills necessary for wealth managers to succeed in the new era?

What Is Next for Financial Markets

CFA Institute — Wed, 10 Dec 2008 11:12:00 EST

Gillian Tett explains the market's collective reaction to the global financial crisis using the Kubler-Ross model of the stages of grief.

Global Financial Crisis Roundtable

CFA Institute — Wed, 10 Dec 2008 11:11:00 EST

The panel provides insights on subjects ranging from risk management to government regulation as it relates to the financial crisis and what lies ahead for the global capital markets.

SEC Update 2008

CFA Institute — Thu, 23 Oct 2008 12:02:00 EST

Gene A. Gohlke speaks on the following: Temporary short sale restrictions -- Market manipulation -- Cross trades -- Determination of fair value in relation to fire sale prices -- Implementation of the money market guarantee program

Behavioral Finance and the Credit Market Crisis

CFA Institute — Thu, 23 Oct 2008 12:01:00 EST

In this webcast, Arnold S. Wood discusses his views on the sources of the bubble in housing prices, the nature of the “bet” in subprime securities, and the ramifications for equity markets and the real economy.

What's Next

CFA Institute — Thu, 23 Oct 2008 12:00:00 EST

James Grant speaks on the following: What will be the aftermath of the unprecedented actions of the U.S. Federal Reserve in 2007 and 2008 and the ultimate effect on the global inflation, economics, and markets? -- What will be the aftermath of the unprecedented actions of the U.S. Federal Reserve in 2007 and 2008 and the ultimate effect on the global inflation, economics, and markets? -- After the crisis, will it be a new era for investors?

CFA Institute Annual Conference 2009 Promo

CFA Institute — Thu, 23 Oct 2008 11:00:00 EST

CFA Institute Annual Conference 2009 Promo

Black Monday and Black Swans

CFA Institute — Thu, 23 Oct 2008 11:00:00 EST

John C. Bogle answers questions about his recent Financial Analysts Journal article.

Managing the Previously Unimaginable: Lessons from the Leverage Unwinds

CFA Institute — Mon, 13 Oct 2008 12:56:00 EST

Mohamed A. El-Erian speaks on the following: Navigating developments that were once thought to be unimaginable -- Understanding the drivers of this change -- Determining what it means for fixed-income strategies going forward.

Global Warming and the Use of Markets to Solve Environmental Problems and Create Wealth

CFA Institute — Tue, 30 Sep 2008 12:54:00 EST

Richard L. Sandor discusses how the use of markets can be used to solve global warming and other environmental problems and to create wealth.

Shareholders Own the Company

CFA Institute — Tue, 30 Sep 2008 12:53:00 EST

Mario J. Gabelli, CFA, speaks on the following: Why do money managers act as surrogate owners of the enterprise? -- How and when should they act as owners? -- Does fundamental research help them become better owners?

Valuation, Risk, and Asset Allocation

CFA Institute — Tue, 30 Sep 2008 12:52:00 EST

Jeremy Grantham speaks on the following: Hyman Minsky (“stability is unstable”) and the development of credit bubbles -- Expected changes in risk premiums: How far will the repricing of risk and asset prices go? -- Global valuations and implications for asset allocation strategy.

Positioning Endowment and Foundation Funds for Success

CFA Institute — Tue, 30 Sep 2008 12:51:00 EST

A panel discusses the following: Asset allocation with fewer constraints -- Best practices for manager selection and monitoring -- Important new asset classes and strategies suitable for endowments and foundations.

Looking Globally for Growth 2008

CFA Institute — Tue, 30 Sep 2008 12:50:00 EST

Marc Faber speaks on the following: Likely consequences of the bursting of the credit bubble and the resulting U.S. policy actions -- Shifts in the economic balance of power globally, and correlations between markets -- The search for relative value in stocks, currencies, commodities, and real estate.

What Happened to the Quants in Aug 2007?

CFA Institute — Wed, 20 Feb 2008 12:52:00 EST

Andrew W. Lo speaks on the following: Events that led to the unprecedented losses experienced by quantitative hedge funds in mid-2007 -- The endogeneity of risk exposures in the hedge fund industry and systemic risk increases in recent years.

Unwarranted Intrusion: The Case Against Government Intrusion in the Marketplace

CFA Institute — Wed, 20 Feb 2008 12:51:00 EST

Martin Fridson, CFA, speaks on the following: The wisdom of politicians or the wisdom of the markets? -- The economic reality of government subsidies -- The problems with government programs such as those to provide jobs, encourage savings, provide affordable housing, or preserve farms.

20 Myths about Enhanced Active 120-20 Strategies

CFA Institute — Wed, 19 Sep 2007 12:51:00 EST

Bruce I. Jacobs speaks on the following: Do 120-20 strategies increase investors' flexibility to underweight and overweight securities? -- How do the strategies compare with market-neutral long–short strategies? -- Are they significantly riskier than long-only strategies because they use short positions and leverage?

The Power of Prediction Markets

CFA Institute — Fri, 5 Oct 2007 12:51:00 EST

Justin Wolfers speaks on the following: How simple markets can aggregate and disperse information into efficient forecasts of uncertain future events -- The track record of market-generated forecasts, and market expectations about probabilities -- What prediction markets tell us about market efficiency and the collective knowledge of market participants.

In Defense of Indexing

CFA Institute — Wed, 3 Oct 2007 12:51:00 EST

Burton Malkiel speaks on the following: Behavioral Finance — helpful in explaining investor mistakes, but it does not lead us to abnormal returns -- Why the market will beat the behavioralist most of the time.

Why Commodities? Why Now? How? How Much?

CFA Institute — Mon, 23 Jul 2007 12:51:00 EST

Robert J. Greer speaks on the following: Behavioral Finance — Developing a commodity framework to aid in investment decision making -- Determining the drivers of return and risk characteristics for commodity indices -- Choosing investment vehicles to gain exposure to commodities.

Infrastructure — A Growing Real Return Asset Class

CFA Institute — Mon, 23 Jul 2007 12:51:00 EST

Mark A. Weisdorf, CFA, speaks on the following: Sources of risks and returns for infrastructure investments and the asset class as an inflation hedge -- Infrastructure financing and investment vehicles -- Outlook for infrastructure investments and determining the allocation.

The Art of Investment Leadership: Respect the Profession but Manage the Business

CFA Institute — Thu, 28 Jun 2007 12:51:00 EST

Michelle R. Seitz, CFA, speaks on the following: What do most-favored-nation clauses teach us about leadership, and how can leaders let stars shine in a team environment? -- Highly intelligent, staunchly independent, naturally skeptical, anti-authoritarian: can portfolio managers and analysts be managed? -- Pay for performance: are compensation formulas the key to success or the path of destruction?

Applying Modern Risk Management to Equity and Credit Analysis

CFA Institute — Mon, 18 Jun 2007 12:51:00 EST

Robert C. Merton speaks on the following: The effect of modern corporate risk management techniques in analysts' evaluation of intrinsic values and risk profiles of companies -- How inadequate analytical tools and over-reliance on accounting and actuarial conventions have led to systematic distortions of companies' economic risks and valuations -- The historical gap between credit and equity analyses and the forces for future convergence, including the use of derivatives.

Dealing with the Significant Deficiencies of Popular Bond Benchmarks

CFA Institute — Mon, 30 Jul 2007 12:51:00 EST

William L. Nemerever, CFA, speaks on the following: Structural problems: capitalization weighting, compositional drift, and representativeness -- Solutions to the problem: improving investment policies and bond manager guidelines while avoiding customization overkill -- Case studies: better ways to meet client objectives, and alternative approaches to the conventional performance measurement wisdom.

What Can We Learn from Neuroeconomics? How the Investing Brain Predicts the Future