CFA Society Melbourne Newsletter

CFA Society Melbourne | January 2019 Issue

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Did you know? The CFA Institute Research Objectivity Standards help sell-side investment firms and professionals develop objective and independent research reports. Find out more here.

Upcoming Events

Lunchtime Presentation | Global Market Outlook

05 February 2019

Markets are re-pricing risks and feel neglected by the U.S. Fed. This could create some downward momentum. This luncheon will explain how this will affect our targets for 2019 and explore the current geopolitical themes at play in emerging markets that may create headwinds but also opportunities.

Sean Taylor, DWS regional CIO and Head of Emerging markets, will share his insights on the latest macro and political trends for 2019.

Date: Tuesday, 05 February, 2019
Time: 12.15pm for a 12.30pm start – 1.45pm (lunch included)
Venue: DWS Office, Level 23, 333 Collins St, Melbourne
Cost: $15 members, $25 QGroup/Actuarial, $35 non-members

Find out more and register here by Wednesday, 30 January.

Webinar | CEO’s Insights: Building a Financial Services start-up

14 February 2019

Planning, disciplined execution, team work and tenacity are critical for entrepreneurial success. Infrastructure, government regulations and availability of finance at various stages of growth are among the bigger challenges that all start-ups face. History provides numerous cautionary tales of failure. There are lessons to be learnt from a number of start-ups that began with big fanfare but ended as damp squibs within a short span of time.

In this webinar, Ms Radhika Gupta – CEO of Edelweiss Asset Management, will discuss what it takes to starting your own financial services venture.

Date: Thursday, 14 February, 2019
Time: 05:30pm - 06:30pm, IST (Convert to your time-zone here)

Find out more and register here

72nd CFA Institute Annual Conference

Disruption: The New Reality in Investment Management

12 - 15 May 2019, London

Disruption is everywhere, affecting every aspect of our lives. From technological and business innovation to globalisation and demographic shifts, these forces are constantly evolving and accelerating at a significant pace.

The 72nd CFA Institute Annual Conference will be held in London this year. Find out how disruption is affecting the global investment profession, and how to harness its opportunities and approach its challenges – enabling you to stay current and best serve your clients’ needs in this rapidly changing world.

Find out more here

June 2019 CFA® Exam Registration Fees and Deadlines (Levels I, II, III)

- Standard registration fee: USD 950 (ends 13 February 2019)
- Late registration fee: USD 1,380 (ends 13 March 2019)

A one-time program enrollment fee of USD 450 is required when you register for your first Level I CFA Program exam.

Hiring and Firing Portfolio Managers: Process and Outcomes

By Robert G. Hagstrom, CFA
16 January 2019
Source: Enterprising Investor

In his Enterprising Investor post, Robert G. Hagstrom, CFA, contends that many financial advisers and investors repeat their investment mistakes each year, due to short term outcomes eventually being prioritised over the portfolio manager‘s process in achieving investors' goals.

Read the article here

Let's Measure Up

"CFA Institute believes that the purpose of finance is to lay the foundation for the ultimate benefit of society. It isn’t enough to talk about a better world for investors — we need to take actual steps to build it.

As investment management professionals, Let's Measure Up."

Find out more here

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Disciplinary Review Committee - Seeking Volunteers

CFA Institute is currently seeking volunteers to serve on the Disciplinary Review Committee (DRC) beginning 1 September 2019.

The DRC is responsible for enforcement of the Code of Ethics and Standards of Professional Conduct and the rules and regulations of the CFA Program in order to maintain the integrity of CFA Institute membership and the CFA designation.

DRC members serve for a term of 1 year, renewable annually for a maximum of 6 years. The application deadline for submission is 15 February 2019.

Find out more here

Private vs Public Markets - Capital Formation and Implications for Investors

03 December 2018
London, United Kingdom
Source: CFA Institute

Increasingly, well-funded private institutional investors are leading a shift in capital formation away from public markets. This may have profound implications for retail investors, according to new research from CFA Institute, the global association of investment professionals. At the same time, they find that there is no need to offer regulatory shortcuts to make public markets more attractive to new businesses seeking funding.

The report, Capital Formation: The Evolving Role of Public and Private Markets, suggests that the increasing ability of entrepreneurs to access private capital has encouraged a shift from public market capital-raising, which carries fewer regulatory burdens and typically enables them to retain greater control over their businesses.

Read the rest of the article here

CFA Society Melbourne Invites June 2019 Candidates to Join a Study Group

CFA Society Melbourne would like to invite all candidates to come along and meet other candidates to form study groups to help with exam preparation.

Date: Thursday, 31 January 2019
Time: 5:30pm
Venue: Steps of State Library (328 Swanston Street, Melbourne)

No need to RSVP just turn up and CFA Society Melbourne board members will have a CFA sign to identify where to meet on the steps.

Job Opportunities

ANALYST, REAL ESTATE SECURITIES
LOCATION: MELBOURNE

Assist the Fund Managers in developing and maintaining market / portfolio / company models in the collective appraisal of real estate markets / companies for investment purposes. This is a full-time role however candidates nearing completion of tertiary studies might be considered.

Find out more here

INVESTMENT ANALYST, FX/TREASURY PORTFOLIO
LOCATION: MELBOURNE

This is an outstanding opportunity to join one of Australia's premier institutional fund managers within their Treasury portfolio management covering FX/IR exposure. Your focus will be to optimise internal and external banking client relationships, oversee operations and settlements and conduct pre-trade analytics.

Find out more here

RESEARCH ANALYST - ASIAN EQUITIES FUND (SOUTHEAST ASIA AND INDIA)
LOCATION: MELBOURNE

Working within the Asian Equities Fund, with particular focus on Southeast Asia and India, you will learn from industry leaders such as Qiao Ma (Asian Equities Portfolio Manager), Johny Tan (Head of Southeast Asia and India) and Peter Cooper (Managing Director/Chief Investment Officer) on a fund that has a strategic growth trajectory.

Find out more here

Statement of Investor Rights

Equip your clients to participate more fully in their financial future.

The Statement of Investor Rights is a tool to help investors clarify what to expect from a financial professional. More specifically, it consists of questions which clients can ask, corresponding to each of the investor rights. It can help determine whether the person or firm you hire is willing to put your interests first and is committed to the ethical principles critical to achieving your goals.

The Future of Finance is a long-term, global effort to shape a trustworthy, forward-thinking investment profession that better serves society. To learn more, please visit www.cfainstitute.org/futurefinance.

CFA Australia @CFASocietiesAus

17/01/2019

IIn a survey of 800+ APAC members 26% identified managing conflicts of interests when dealing with clients as an ethical challenge. @CFASocietiesAus advocates for the adoption of the @CFAinstitute Asset Manager Code to help rebuild trust across the industry

CFA Australia @CFASocietiesAus

13/01/2019

Recent CFA Institute research says 73% of investment leaders expect environmental, social & governance factors will become more influential.

CFA Australia @CFASocietiesAus

10/01/2019

Global growth to re-converge in 2019, but US, China and EU face challenges #ARXCFAInstitute

CFA Society Melbourne

Contact Information
Website: https://cfas.org.au/melbourne/
Newsletter: newsletter@cfa-melbourne.com.au