CFA Institute Press Releases

Thirty-Five Percent of 49,797 Candidates Worldwide Passed December 2008 Level I CFA Exam

Wed, 01 Sep 2010 19:00:05 EDT

CFA Institute today announced that of the 49,797 worldwide candidates that sat for the Chartered Financial Analyst (CFA) Program Level I exam which took place in December, 35 percent passed. The CFA Program is widely regarded as the most arduous ...

CFA Institute Board of Governors Meets in Dubai to Set Direction for the Investment Profession

Wed, 01 Sep 2010 19:00:05 EDT

CFA Institute, the global, not-for-profit association of investment professionals that awards the CFA and CIPM designations, will hold, for the first time, its Board of Governors meeting in Dubai this weekend. The meeting will bring together some of ...

Global Shareowner Rights Guidebook Now Available from CFA Institute Centre

Wed, 01 Sep 2010 19:00:07 EDT

The CFA Institute Centre for Financial Market Integrity, the global policy authority on professional conduct? and investment performance standards, financial reporting, and capital markets, today launched Shareowner Rights across the Markets: A Manual ...

Number of Chartered Financial Analyst Candidates Increases by 44 percent in Nigeria

Wed, 01 Sep 2010 19:00:08 EDT

The number of investment professionals in Nigeria that have affirmed their commitment to the highest level of professionalism by registering for the Chartered Financial Analyst (CFA) Program in FY092, has increased by 44 percent3 from FY08. To support ...

CFA Institute President and CEO, Jeff Diermeier, CFA, Appointed to Janus Capital Group Board of Directors

Wed, 01 Sep 2010 19:00:13 EDT

CFA Institute announced today that Jeff Diermeier, CFA, president and CEO, has been appointed to the 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 ...

Tax Awareness a Priority for High-Net-Worth Investors and Their Investment Managers, Reports New Study from Research Foundation of CFA Institute

Wed, 01 Sep 2010 19:00:14 EDT

The Research Foundation of CFA Institute today released the results of a survey (PDF) that discussed the behavior of 322 experienced investment managers in the United States who manage taxable accounts. The survey results suggest that managers exhibit ...

Thomas B. Welch, CFA, to Chair CFA Institute Board of governors

Wed, 01 Sep 2010 19:00:14 EDT

Thomas B. Welch, CFA, has been elected chair of the Board of Governors of CFA Institute, the global association for investment professionals that administers the CFA and CIPM curriculum and examination programs worldwide and advocates for high standards ...

CFA Institute Centre Study Reveals Market Fragmentation Has Had No Material Impact on Price Formation

Wed, 01 Sep 2010 19:00:16 EDT

A study released today by the CFA Institute Centre for Financial Market Integrity, the policy arm of CFA Institute, has found no empirical evidence to suggest market fragmentation has had any material impact on the quality of the price formation process ...

New Manual from CFA Institute Centre Sheds Light on the Global Components, Risks, and Rewards of Executive Compensation

Wed, 01 Sep 2010 19:00:19 EDT

The?CFA Institute Centre for Financial Market Integrity has released its global manual,?The Compensation of Senior Executives at Listed Companies: A Manual for Investors?(PDF), which provides a comprehensive, in-depth examination of how executive ...

CFA Institute Urges Senate to ?Hold the Line? and Keep Investor Protections in Dodd Bill

Wed, 01 Sep 2010 19:00:19 EDT

CFA Institute today offered strong support for many of the items contained in the Senate Banking Committee bill on regulatory reform.?(CFA Institute spokespeople are available to comment on the Senate legislation, contact Kathy Valentine to request an ...

Financial Reform Legislation Improvements Still Needed

Wed, 01 Sep 2010 19:00:19 EDT

The Investors? Working Group (IWG) stated today that ?it is pleased that the House of Representatives? ?Wall Street Reform and Consumer Protection Act of 2009? includes a number of changes we suggested in our report, 'U.S. Financial Regulatory Reform: ...

World?s Top Finance Students to Compete for Prestigious CFA Institute Global Investment Research Challenge Title in Hong Kong

Wed, 01 Sep 2010 19:00:20 EDT

On 17 April 2010, the world?s top finance students will congregate in Hong Kong to compete in the fourth annual CFA Institute Global Investment Research Challenge (IRC). Four finalist university teams, selected from more than 425 teams across the globe, ...

University of Cape Town Named First African Team to Be Represented in Global Final of CFA Institute Global Investment Research Challenge

Wed, 01 Sep 2010 19:00:20 EDT

University of Cape Town from South Africa has won the Europe, Middle East, and Africa (EMEA) regional final of the CFA Institute Global Investment Research Challenge, the worldwide university competition for financial analysts of the future which took ...

New Study Shows that Investors May Now Want to Consider Adding Commodities to Their Portfolios

Wed, 01 Sep 2010 19:00:20 EDT

A new study forthcoming in the Journal of Investing suggests that investors can enhance their equity portfolios by allocating a portion of the portfolio to commodity futures.?The study ?Is Now the Time to Add Commodities to Your Portfolio?? suggests ...

CFA Institute Concludes 2010 Middle East Investment Conference

Wed, 01 Sep 2010 19:00:20 EDT

CFA Institute, the global association of investment professionals, together with CFA Bahrain Society, today concludes its first Middle East Investment Conference.? Hosted in Manama, Bahrain, the event has attracted over 200 investment professionals ...

Brigham Young University Marriott School of Management Named Winner of CFA Institute Americas Investment Research Challenge

Wed, 01 Sep 2010 19:00:20 EDT

Brigham Young University (BYU) has been awarded the top prize of the CFA Institute Americas Regional Investment Research Challenge (IRC). Five BYU students presented a research analysis of Merit Medical Systems, Inc., to a panel of four senior investment ...

CFA Ukraine, the Ukrainian Society of Investment Professionals, Becomes 137th Society in CFA Institute Global Network

Wed, 01 Sep 2010 19:00:20 EDT

CFA Institute, the global association of investment professionals, welcomes the 137th member society, the Ukrainian Society of Investment Professionals (CFA Ukraine), to its worldwide network. The society?s mission is to promote the highest standards ...

University of the Philippines Named Champion of CFA Institute Global Investment Research Challenge

Wed, 01 Sep 2010 19:00:20 EDT

The University of the Philippines has won the fourth annual CFA Institute Global Investment Research Challenge (IRC), the worldwide competition that provides university students with unparalleled real world experience in equity research and company ...

Corporate Governance Expert, James Allen, CFA, to Testify at House Subcommittee on Capital Markets

Wed, 01 Sep 2010 19:00:20 EDT

Today James Allen, CFA, director of capital markets policy at CFA Institute, will testify to the U.S. House of Representatives Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises about investors? needs for strong corporate ...

Cass Business School Becomes CFA Program Partner

Wed, 01 Sep 2010 19:00:21 EDT

Cass Business School has joined a network of top global business schools by becoming a CFA Program Partner.?The partnership is official recognition of the relevance of the School?s finance MSc programs to the financial services industry, and as ...

Former SEC Chair William Donaldson, CFA, Awarded CFA Institute Forrestal Award

Wed, 01 Sep 2010 19:00:21 EDT

CFA Institute, the global association for investment professionals, announced today that it presented William H. Donaldson, CFA, with its Daniel J. Forrestal III Leadership Award for Professional Ethics and Standards of Investment Practice. Donaldson ...

Authors of Hedge Fund Risk Study to Receive Prestigious Financial Analysts Journal Graham and Dodd Award

Wed, 01 Sep 2010 19:00:21 EDT

CFA Institute announced today that the Financial Analysts Journal (FAJ) Advisory Council and Editorial Board have awarded the annual Graham and Dodd Award for Best Article to Stephen Brown, William Goetzmann, Bing Liang, and Christopher Schwarz for ...

Regulators and Lawmakers Still Have Much to Do in Restoring United States Investor Confidence, Reports the 2010 CFA Institute Financial Market Integrity Index

Wed, 01 Sep 2010 19:00:21 EDT

According to the 2010 CFA Institute Financial Market Integrity Index (the Index), CFA charterholders in the United States (U.S.) still lack confidence in the integrity of the United States financial system, despite positive market and economic growth ...

Yonsei University School of Business Becomes a CFA Program Partner

Wed, 01 Sep 2010 19:00:21 EDT

Yonsei University School of Business (YSB) has become a CFA Program Partner of CFA Institute, the global association for investment professionals that awards the prestigious CFA designation. Recognition as a CFA Program Partner signals that the ...

139,900 Candidates Enroll for June 2010 CFA Exams

Wed, 01 Sep 2010 19:00:21 EDT

CFA Institute, the global association of investment professionals, announced today that 139,900 candidates from 160 countries have enrolled for the CFA exam in June 2010.?Despite the financial crisis, the number of candidates remained resilient and has ...

Forty-Three Percent of CIPM Candidates Pass Expert Exam

Wed, 01 Sep 2010 19:00:21 EDT

CFA Institute today announced that 43 percent of the Expert level candidates in the Certificate in Investment Performance Measurement (CIPM) program passed the exam in April. Successful candidates will be entitled to use the CIPM designation upon ...

Certificate in Investment Performance Measurement Receives Bachelor?s Degree Level Recognition in United Kingdom

Wed, 01 Sep 2010 19:00:21 EDT

Certificate in Performance Measurement (CIPM), a two-level program administered by CFA Institute that tests the field of investment performance evaluation, has been benchmarked as comparable to a bachelor?s degree level within the English Qualification ...

Reality Check: Financial Regulatory Reform Off to a Slow Start

Wed, 01 Sep 2010 19:00:21 EDT

A preliminary analysis by CFA Institute of the financial regulatory reform bill reveals few significant changes that will improve the integrity of capital markets. In anticipation of votes by the full Senate and House next week, CFA Institute has ...

United Kingdom Investment Professionals Regain Confidence in Financial Market Integrity

Wed, 01 Sep 2010 19:00:22 EDT

According to the 2010 CFA Institute Financial Market Integrity Index (the Index), a survey of CFA charterholders has found that investment professionals appear to have regained some of the faith they had lost in the integrity of the U.K. financial ...

CFA Institute Appoints New Head of Education for EMEA Region

Wed, 01 Sep 2010 19:00:22 EDT

CFA Institute announces the appointment of Edward Bace, CFA, as head of Education for the Europe, Middle East, and Africa (EMEA) region. The role will see him support the growing global momentum in the take up of the CFA Program by investment ...

Financial Market Integrity Index Sees Improved Sentiments in Hong Kong

Wed, 01 Sep 2010 19:00:22 EDT

CFA Institute today released the 2010 Financial Market Integrity IndexTM (FMI Index) report for Hong Kong. Overall ratings of the 2010 FMI Index survey for Hong Kong improved from 2009 levels. Respondents in the survey gave Hong Kong an overall rating of ...

Perception of Financial Market Integrity Improves in Japan

Wed, 01 Sep 2010 19:00:22 EDT

CFA Institute today released the 2010 Financial Market Integrity IndexTM (FMI Index) report for Japan. Overall ratings of the 2010 FMI Index survey for Japan are generally higher than that of 2009. Respondents in the survey gave an overall rating of ...

Universidad del Pac?fico Signs Agreement to Become the First CFA Program Partner in Per?

Wed, 01 Sep 2010 19:00:22 EDT

Universidad del Pac?fico today became the first CFA Program Partner in Peru. Recognition as a CFA Program Partner signals that the University?s Master in Finance curriculum is highly regarded for its quality education and its close ties with the ...

Investment Professionals Who Pass Level II of the CFA Exams to Be Exempt from New Rule

Wed, 01 Sep 2010 19:00:22 EDT

CFA Institute and the CFA Society of Brazil today welcomed the announcement that the new Rule 633 of Brazil?s Securities Commission, Comiss?o de Valores Mobili?rios (CVM), exempts candidates who have passed the Level II Chartered Financial Analyst (CFA) ...

CFA Institute Announces June 2010 Worldwide CFA Exam Results

Wed, 01 Sep 2010 19:00:22 EDT

CFA Institute announced today that 42 percent of 111,731 current and aspiring investment professionals worldwide passed the June 2010 CFA exams, bringing them one step closer to earning the distinguished CFA charter. To earn the CFA charter, ...

Margaret E. Franklin, CFA to Chair CFA Institute Board of Governors

Wed, 01 Sep 2010 19:00:23 EDT

Margaret E. Franklin, CFA, has been elected chair of the Board of Governors of CFA Institute, the global association for investment professionals that administers the CFA and CIPM curriculum and examination programs worldwide and advocates for high ...