Reflecting on how best to use his experience, former hedge fund industry guru Paul Smith wants to help investors improve how they deploy money, and talks "purposeful capitalism".
Hong Kong fund industry veteran points to a future where capitalism is redefined and technology helps traditional financial services meet the challenge.
Asia now accounts for half of all CFA certification candidates and has better female member representation. The CFA Institute also aims to open a Shanghai office, says its regional MD.
Towers Watson's Peter Ryan-Kane provides some solutions to the funds industry's failure to meet long-term objectives, as a poll shows how little investment professionals think of their own sector.
CFA chief Paul Smith says the structure of the investment management industry is inappropriate and does not create a satisfactory outcome for the client. Thus the industry needs to be dismantled and rebuilt.
Clarity in mission and flexibility to invest are vital if institutional investors are to take a long-term view and free themselves of near-term performance pressure, an AsianInvestor forum hears.
Hong Kong should replace its unit trust fund-raising structure with an open-ended fund company structure if it wants to attract Chinese hedge funds to domicile in the city, says the CFA's Paul Smith.
The CFA Institute 2014 market sentiment survey shows Asia investment professionals are worried about real estate bubbles forming, but notably upbeat on Japan.
The CFA Institute 2013 market sentiment survey reveals widely varying – but generally pessimistic – views from Asian respondents compared to those elsewhere.
More respondents from Asia than elsewhere expect a global contraction next year, finds a survey, but they are more upbeat about employment and growth prospects at home.