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In view of the volatile global market conditions, how we should position ourselves in the financial and investment markets? We'd like to share with you some ideas and resources on CFA Institute's platform which the thought leaders there may guide you through the tide!
Economic Conditions
Index ETFs, Options and Futures – Myths vs. Facts
In this webinar, the speakers will first share about the formation and features of the Hang Seng TECH Index. Given a general perception among investors is that index funds are mainly broad based market indices, we will explore the differences between active and passive investing strategies and how specific theme ETFs would possibly outperform active fund.
28 Jan 2021 Alan Lok, Director, Ethics Education and Professional Standards, CFA Institute
1 PL
Webinar
COVID-19 Related Researches
What are the economic effects of COVID-19? Learn more from the analysis and insights from industry experts.
ARX Editorial Team
ARX Series
Sector Effects During Elections
Learn why a higher dispersion of stock returns during national elections makes active asset allocation decisions more significant.
3 Sep 2020 CCraig Lazzara, Anu R. Ganti
1 PL
ARX Series
CFA Institute and SPOTT ESG Series — Timber, Pulp and ESG Risk
Join the third webinar in the CFA Institute and ZSL SPOTT ESG series, which focuses on the timber and pulp industry. Speakers will discuss both the challenges and opportunities of implementing sustainable planting and forest management practices
1 Sep 2020 Chan Fook Leong, CFA; Charlie Hammans
1 PL
Webinar
13 Aug 2020 David Wang, CFA, Larry Cao, CFA
Webinar
4 Aug 2020 Mary Leung, CFA, Mervyn Tang, CFA,
Webinar
14 Jul 2020 Richard Koo
Webinar
7 Feb - 23 Apr 2020
ARX Series
22 Apr 2020 Philip Lawlor and Marlies van Boven
Webinar
Panics and Pandemics: What We Can Learn from the Past
In this extended Take 15 episode, financial economist Robert F. Bruner discusses his research on the causes and complexities of financial crises and relates it to what investors are seeing today with the COVID-19 pandemic that has shaken markets.
2 Apr 2020 Robert Bruner, DBA
0.75 PL
Webinar
Financial Markets
25 Oct 2020 Ming Qiu & Ruobing Han
Webinar
29 Sep 2020 Winston Ma, CFA
Webinar
23 Sep 2020 Luis Seco
Webinar
17 Sep 2020 Professor Joel Litman
Webinar
25 Aug 2020 Stratos Pourzitakis, PhD; Kaho Yu, PhD; Suvro Sarkar; Alan Lok, CFA
Webinar
Rule-based dynamic changes to asset allocation to attain desired income levels improve performance relative to traditional static asset allocation models or age-based target-date funds.
23 Jun 2020 Adam Kobor, PhD, CFA, Arun Muralidhar,PhD
2 PL
Financial Analysts Journal
Robert C. Merton and the Science of Finance: A Collection
Robert C. Merton, 1997 Nobel Prize winner in economics, has been at the forefront of research on many topics in financial economics. In this publication, leading researchers explain Merton’s impact on financial theory and practice.
18 Jun 2020 Luis Garcia-Feijóo, CFA, CIPM, Laurence B. Siegel, Timothy R. Kohn
4 PL
Research Foundation Briefs
Risk Management and the Optimal Combination of Equity Market Factors
Combining factors in a multi-factor portfolio using forecast risk management can add substantially to returns. Backtesting showed such a strategy over 54 years earned annualized returns of 10.79%, vs. 7.77% for a similar non-risk-managed portfolio.
17 Jun 2020 Roger G. Clarke, Harindra de Silva PhD, CFA, Steven Thorley, CFA
2 PL
Financial Analysts Journal
A New Framework for Analyzing Market Share Dynamics among Fund Families
This article decomposes market share changes among fund families into four components to better understand mutual fund market dynamics and to evaluate the business performance of individual fund families.
8 Jun 2020 Jan Jaap Hazenberg
2 PL
Financial Analysts Journal
Bitcoin's Stock-to-Flow Pricing Methodology
The stock-to-flow pricing model, commonly used for gold, is applied to bitcoin. The upcoming reduction of new bitcoins coming into circulation (“halving”), expected in May 2020, will put this model to test.
3 Apr 2020 Thomas Kuhn, CFA
Research Reports
Yanis Varoufakis on the State of Europe
In this Take 15, former Minister of Finance of Greece, Varoufakis discusses lessons he learned during his tenure, how they led to his co-founding DiEM 25, the movement for the democratization of Europe, and the role of capital markets within society.
25 Mar 2020 Yanis Varoufakis
0.25 PL
Article Financial Analysts Journal
The Equity Differential Factor in Currency Markets
The differential in trailing equity market performance across countries strongly predicts the cross-section of currency returns. This factor produces a statistically significant alpha in excess of traditional carry, trend, and valuation.
17 March 2020 David Turkington, Alireza Yazdani
2 PL
Article Position Paper
Capital Formation: Investing Pension Contributions in Private Markets Responsibly
Learn about capital formation opportunities for defined contribution pension plans in the private European market with CFA Institute.
16 Mar 2020 Sviatoslav Rosov, PhD, CFA
1 PL
Article CFA Digest
Analysts to the Rescue? (Digest Summary)
This is a summary of "Analysts to the Rescue?," by Andreas Charitou, Irene Karamanou, and Neophytos Lambertides, published in the Journal of Corporate Finance.
12 March 2020 Michal Szudejko
0.25 PL
Article CFA Digest
Investment Fundamentals of the Online Payments Sector: A Framework for Investors
Although the trend towards cashless payments is global, the pace, format and depth of coverage differ among jurisdictions. Service providers no longer need to rely on credit card vendors or retail banks, but must face issues of privacy and security.
5 Mar 2020 Alan Lok, CFA, Eunice Chu, ACCA, Guruprasad Jambunathan, CFA, FRM, Publisher: CFA Institute
1 PL
Research Reports
Approaching Mean–Variance Efficiency for Large Portfolios (Digest Summary)
This is a summary of "Approaching Mean–Variance Efficiency for Large Portfolios," by Mengmeng Ao, Yingying Li, and Xinghua Zheng, published in the Review of Financial Studies.
27 Feb 2020 Mark Bhasin, CFA
0.25 PL
Multimedia Equity Research and Valuation Conference
This webinar assesses the refinancing risk posed by the coronavirus (COVID-19) epidemic and identifies Chinese corporates that face elevated risk in relation to their capital market debt maturities.
24 Feb 2020 Publisher: Fitch Rating, Speakers: Buddhika Piyasena, Matt Jamieson, Kalai Pillay, Ying Wang, Adrian Cheng, Laura Zhai, Kelvin Ho
Webinar
The Valuation of Low Volatility
Low volatility strategies typically perform well when markets decline. They have been popular in recent years and some claim they are overvalued. It is possible to identify environments when low volatility strategies offer more bang for the buck?
20 Feb 2020 Publisher: S&P Dow Jones Indices, Authors: Fei Mei Chan, Craig J. Lazzara
Research Reports
What Is the Expected Return on a Stock? (Digest Summary)
This is a summary of "What Is the Expected Return on a Stock?," by Ian W.R. Martin and Christian Wagner, published in the Journal of Finance.
13 Feb 2020 Priyank Singhvi, CFA
0.25 PL
Multimedia Fixed-Income Management Conference
A Fireside Chat with Richard H. Clarida
Federal Reserve Vice Chair Richard Clarida discusses his US economic outlook, current risks to the outlook from slower growth in the global economy, and considerations for the development of monetary policy to support US growth into the future.
16 Jan 2020 Richard Clarida
0.75 PL
Article Financial Analysts Journal
The Long and Short of Bad Credit...and Bad Credit Analysis
In this Take 15, recorded at Fixed-Income Management 2019, Joel Litman, president and CEO of Valens Research, discusses uncovering hidden credit risks and opportunities buried in today's financial statements, building better bond indices, and more.
17 Oct 2019 Joel Litman
1 PL
Multimedia