CFA Institute Media Resources

Journalists Invited to Hear Investor Perspective on Fair Value ("Mark to Market") at CFA Institute Centre Media Roundtable

Mon, 07 April 14:00:00 EDT

New York, April 7, 2008 -- Today, in advance of the next earnings season, investors, regulators, analysts, and public companies are looking ahead and trying to plan for the effects of more complete implementation of FAS157 (fair value, also known as "mark to market," reporting). Journalists are invited to attend an on-the-record roundtable of investor advocates that will address this issue plus fair value vs. risk management, treatment of illiquid securities, and investorsâ calls for improved transparency of financial reporting. RSVP to pr@cfainstitute.org.

New Market Risk, Ethics, and Subprime Crisis Educational Web Tools Available From CFA Institute

Mon, 25 Feb 09:30:00 EDT

Charlottesville, Va., February 25, 2008 -- Investment professionals, business news journalists, and investors who want to learn more about current market, ethical, and economic issues can now do so with the new CFA Institute "Take 15" webcast series. These 15- to 20-minute interviews with topical experts, available at www.cfawebcasts.org, are designed to educate those who follow todayÃÂ¢ÃÂÃÂs news coverage but want to dig more deeply into topics such as who is responsible for the subprime crisis, how CDOs are created, and where we may be going with systemic risk in structured products.

Green Tech Investing, Behavioral Finance, and Client Reaction to Market Volatility - Personal Finance Resources from CFA Magazine

Fri, 08 Feb 11:00:00 EDT

Charlottesville, Va., February 8, 2008 -- Three articles from the Jan/Feb 2008 issue of CFA Magazine provide story ideas, research, and topical experts on important personal finance topics: behavioral finance, alternative investments, and client reaction to the current market turbulence. Access these articles now.

"Save Now or Pay Later" Can behavioral finance solve problems with retirement planning?
"Salad Days" It took a while, but green tech may have finally found its place in the sun.
"Interesting Times" Many clients are taking recent volatility in stride.

Investors Should Consider Fed Policy in Trading Decisions

Tue, 23 Jan 08:00:00 EDT

Charlottesville, Va., January 22, 2008 -- In a 2007 study, the authors of many widely-acclaimed articles on Federal Reserve policy and security returns show that Fed rate changes are associated with strong patterns in equity returns. The results from Sector Rotation and Monetary Conditions (PDF), which will be published in a forthcoming issue of the Journal of Investing, indicate that a sector rotation strategy guided by Fed rate changes could have substantially improved portfolio performance over the past 33 years. According to the rotation strategy, a more aggressive posture is advocated following decreases in the Fed discount rate and a more defensive posture is recommended following a rate increase. On the heels of the recent Federal Reserve discount rate cut, this timely study seeks to provide some direction to investors. A co-author, Bob Johnson, CFA, deputy CEO of CFA Institute, is available to discuss this study with journalists.

Market Risk and Subprime Webcast Resources

Tue, 23 Jan 07:00:00 EDT

Charlottesville, Va., January 22, 2008 -- CFA Institute introduces the "Take 15" educational series for business news journalists and investors. "Take 15" is a series of 15- to 20-minute interviews with leading practitioners on timely topics in market and credit risk as well as ethics. Current topics cover the basics of mortgage securitization, moral hazard and excess liquidity, systemic risk in structured products, and the pricing of illiquid securities in the subprime market. These Webcasts are free.

Impact of an Aging Population on the Global Economy

Tue, 30 Oct 2007 12:00:00 EDT

Charlottesville, Va., October 30, 2007 -- When school teacher Kathleen Casey-Kirschling, the first baby boomer to apply for Social Security benefits, decided to retire she probably did not realize that she was, as Reuters reported, "the first ripple in a 'silver tsunami'." To Jeremy J. Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of the University of Philadelphia, our aging population presents a critical long-term economic dilemma that is intimately related to its solution--the rise of Asia and the developing world. In "The Impact of an Aging Population on the Global Economy," (September 2007 CFA Institute Conference Proceeding Quarterly), Siegel discusses the demographic trends of rising life expectancy and falling retirement age and answers two important questions: "Who will produce the goods for workers and retirees to consume?" and "Who will buy the assets?" Siegel says that the answer to both questions is one and the same: the developing countries of the world. For a complimentary copy of "The Impact of an Aging Population on the Global Economy," visit http://www.cfapubs.org/toc/cp/2007/24/3. Additional resources are available by contacting pr@cfainstitute.org.

CFA Magazine Article Asks "Will Global Markets Feel the Heat from the U.S. Subprime Conflagration?"

Mon, 13 Aug 2007 12:00:00 EDT

Charlottesville, Va., August 10, 2007 -- Regarding the U.S. subprime mortgage implosion, John Rubino writes in the July/August 2007 issue of CFA Magazine, "The question now is how far the ripples will travel. Moving outward from the point of impact, the waves will reach, first, the homebuilders and, then, the banks, the hedge funds, and the broader U.S. -- and even global -- economy." CFA Magazine content, along with articles from other CFA Institute publications, may be accessed on www.cfapubs.org with a press token.

CFA Institute Private Wealth Quarterly Update

Mon, 30 Jul 2007 11:15:18 EDT

Charlottesville, Va., July 17, 2007 -- CFA Institute is well known for providing private wealth managers with top-rated written, in-person, and online educational content. Journalists will find this information helpful for background information, expert opinion, and story ideas. If you are a journalists and would like to access this material, please contact publicawareness@cfainstitute.org for a press token to www.cfapubs.org and www.cfawebcasts.org.