Most Read on ARX

An introduction to Collateralized Loan Obligations (CLOs)

We discuss key features of leveraged loans and collateralized loan obligations, which are a major financing source to the leveraged loan market. CLOs offer investors access to a diversified non-investment grade corporate credit portfolios.

8 July 2021 | FTSE Russell: Luke Lu, Elizabeth Han

COVID-19 Impact on Bangladesh Economy

Like in most other nations, the outbreak of COVID-19 pandemic is an unprecedented shock to the Bangladesh economy. The report explores the possible impact of the ongoing pandemic on the broad economy and major industries of the country.

22 June 2020 | LankaBangla Asset Management Co. Ltd.

Examining the Rise of Decentralised Finance: Trends, Challenges, and Opportunities: Practitioner's Brief

This practitioner's brief summarizes the CFA Institute 8 December 2020 webinar, which covered the basic structure of Decentralized Finance, including key advantages and limitations, as well as how this concept may evolve in the future.

8 December 2020 | CFA Institute

Comparing Value Factor Performance in Global Equity Markets

The purpose of this analysis is not to identify the reasons for the slump in Value, but to analyze its performance by region and the differences in the sources of Value performance.

8 July 2021 | FTSE Russell: Tamura Hiromichi, Alex Chen

CFA Society Malaysia FinTech Forum 2021

CFA Society Malaysia presents the inaugural FinTech Forum 2021 - a three-part series of webinars, which spotlight leading finance and investment industry speakers and practitioners.

2-16 June 2021 | CFA Society Malaysia

FinTech Forum 2021 >

Alpha Enhancement in Global Equity Markets with ESG Overlay on Factor-Based Investment Strategies

The paper finds that higher alpha can be harvested by restricting investment exposure to the ESG theme combined with various style characteristics, as they display low systematic and idiosyncratic tail risks.

8 June 2021 | Subhransu Mohanty, Odette Mohanty, Mike Ivanof

Tokenised Securities in APAC: A State of Play

The paper provides updates on key developments in the tokenised securities space and what market participants think about the state of the tokenised securities market and ecosystem.

29 June 2021 | Laurence Van der Loo, ASIFMA

Corporate Finance (Video Length: 1 hr 4 min.) >

VIDEO: Invest in Your Career to Reach the Top

CFA Society Philippines presents a series of pre-recorded webinars in which experienced financial professionals talk about opportunities and challenges of pursuing a career in their respective areas.

8 July 2021 | CFA Society Phlippines

Data Science (Video Length: 47 min.) >

Fund Management (Video Length: 1 hr 24 min.) >

Regulatory Authority (Video Length: 58 min.) >

Risk Management (Video Length: 42 min.) >

Trading (Video Length: 1 hr 3 min.) >

Consulting (Video Length: 55 min.) >

Bangladesh Bank Monetary Policy Statement FY 2020-21

Bangladesh bank has announced an expansionary policy stance for the fiscal year 2020/21, with a high money growth rate and reduced policy rates, in response to the additional fund requirements for restoring the country’s economy affected by Covid-19. We present two papers analysing the policy statement:

BRAC EPL Research: Expansionary Monetary Policy to Tackle the Onslaught of Covid-19 (29 July 2020)

EBLSL Research: Monetary Policy Statement FY’21 Highlights (29 July 2020)

WEBINAR: Social and Sustainable Sukuk (Part 4 of the Islamic Finance Webinar Series)

With the global issuance of sustainable bonds reaching a record US$100 billion in the second quarter of 2020, and Shari’ah principles supporting profit-based initiatives with socio-economic impact, it should come as no surprise that social impact Sukuk are fast becoming a popular financing instrument.

3 June 2021 | CFA Institute | Video: 1 hr 39 min.

Sovereign Risk Monitor Methodology: How to assess sovereign risk including ESG issues?

This paper lays out a methodology that integrates holistically, and objectively, ESG performance and traditional economic and financial metrics in the sovereign risk analysis.

29 May 2021 | FTSE Russell: Julien Moussavi, Ph.D., Rayane Hanifi

WEBINAR: SRI Integration into Investment Decision Making

This webinar is the second in the series on sustainable and responsible investment organized in partnership with World Bank Group and CFA Society Malaysia. It focuses on the framework of integrating SRI in various aspects of the investment decision-making process. It presents real-life case studies to help investors better understand how leading investment practitioners are integrating SRI factors into their analysis and the investment process.

28 June 2021 | CFA Institute | Video: 1 hr 37 min.

Big Data for ESG Investing: Practitioner's Brief

This practitioner's brief summarizes the CFA Institute 15 April 2021 webinar, which sheds some light on how WeBank, a Chinese digital-only bank, utilises AI and alternative data sources to generate proprietary real-time data for ESG investing

15 April 2021 | CFA Institute

WEBINAR: ESG and Sustainability - International Policies and Reporting Frameworks

As ESG and sustainable investing become centre stage, concerns that the inconsistency and variation in ESG-related disclosures, terminology, and investment approaches may give rise to confusion and misunderstanding has also risen. A slew of new regulations and standards globally are being implemented to tackle the issue of greenwashing, raise transparency and disclosure for the benefit of investor protection and product development.

9 June 2021 | CFA Institute | Video: 1 hr 15 min.

WEBINAR: The Emerging Asia Pacific Capital Markets - India

After a massive capital markets transformation, India has two of the largest stock markets in the world and an expanding asset management industry. But further improvements will be needed for India’s markets and economy to achieve their potential.

8 July 2021 | CFA Institute | Video: 1 hr 4 min.

Independent Directors in Asia Pacific: Regulations and Practice in Selected Markets

An overview of regulations and practices concerning independent non-executive directors in listed companies in Australia, Hong Kong SAR, India, Japan, Malaysia, and Singapore.

21 June 2021 | Sivananth Ramachandran, CFA, Piotr Zembrowski, CFA, Sara Cheng, JD, Mary Leung, CFA

China Market Strategy: Outlook for the Second Half of 2021 - Value Still Striking Back

China’s PPI-CPI gap is approaching its historical peak last seen during the 2016 supply-side reform. It is another sign that the cyclical strength is about to crest. Concurrently, the PBoC’s balance sheet expansion will likely moderate.

7 Jun 2021 | BOCOM International: Hao Hong, CFA

Future of Sustainability in Investment Management: Practitioner's Brief

This practitioner's brief summarizes the CFA Institute 23 March 2021 webinar, which explored key trends in the shift to sustainability in investment management and the kind of future it envisions.

23 March 2021 | CFA Institute

Climate Change Integration in the Investment Process: Practitioner's Brief

This practitioner's brief summarizes the CFA Institute 9 April 2020 webinar, on Climate Change and ESG Disclosures, which discusses a few of the most pressing questions that financial professionals have to guide them in making effective decisions.

9 April 2020 | CFA Institute

The Electric Vehicles Race: Tesla vs. Legacy Car Companies

Tesla has been on a hot streak. Reacting to the company’s latest earnings, CEO Elon Musk said, “We’ve seen a real shift in customer perception of electric vehicles, and our demand is the best we’ve ever seen.”

4 June 2021 | GLG: Jeff Yanssens, Dr. Arnold Lamm, Dr. Claudiu Bucur

Crowdlending and Credit Models

In this article we briefly describe the most used models among the classical and machine learning techniques. Our explanation is intended for non-technical readers. We provide simple illustrations to complement our description.

17 June 2021 | Pearpilai Jutasompakorn

WEBINAR: Financial Performance of Impact Investments (Part 2 of the Impact Investing webinar series)

Impact investing aims to generate measurable environmental or social outcomes alongside financial return. Impact objectives must be considered together with financial objectives, risk, liquidity and resource capacity. When making investment decisions, impact investors seek to balance these factors, and optimize the way in which they deploy capital, in order to maximize their desired outcomes.

27 May 2021 | CFA Institute | Video: 1 hr 3 min.

Measuring the Creditworthiness of China’s Corporates Using a Global Rating Scale

As China’s bond market continues to attract increasing interest from international investors, it is critical to assess the creditworthiness of China’s issuers using a global rating scale, allowing investors to compare investments on the same basis.

25 June 2021 | Ke Chen, Pengyuan Credit Rating (Hong Kong) Company

WEBINAR: Future of Investing in Disruptive Innovation - Leadership Dialogue

The extraordinary AUM growth and outperformance of ARK Invest in recent times has created a huge following in Asia. Catherine Wood, Founder CEO and CIO of ARK Invest, joins Ms. Yimei Li, CFA, member of the CFA Institute Board of Governors and CEO of China Asset Management Co. Ltd., a top asset manager in China, for a conversation about disruptive innovation.

25 March 2021 | CFA Institute, MSCI, Wind | Video: 59 min.

WEBINAR: ESG Integration in Sovereign Bonds (Part 4 of the webinar series "ESG in Credit")

As appetite for ESG investments has grown, so has the question of if and how ESG factors may affect the analysis of sovereign debt issues. Risks from climate change, including the associated policy responses, have been under particular focus. For example, countries that are major fossil fuel exporters are most exposed to climate change transition risk, giving rise to stranded assets and significant uncertainties, with knock-on implications for debt servicing and repayment capabilities.

25 May 2021 | CFA Institute, Fitch Ratings | Video: 1 hr 18 min.

Employee Happiness Predicts Higher Stock Prices: Do Health and Safety Play a Part in Your Investment Strategies?

ESG analysis that used NLP processing discovered that companies with safe and happy employees outperform their peers in the public markets. How can ESG analysis of workplace sentiment help investors seeking outperformance?

28 April 2021 | Richard Peterson

WEBINAR: Sustainable and Responsible Investment

Experts from World Bank Malaysia, Bursa Malaysia, Securities Commission Malaysia, MSCI, EPF, CFA Society Malaysia, and CFA Institute discuss industry trends, opportunities and challenges focusing on sustainable and responsible investment practices with a focus on Malaysia's ambition as a sustainability-first nation.

4 February 2021 | Justin Ong, CFA; Tan Sri Abdul Wahid Omar; Firas Raad, PhD; Mary Leung, CFA; Chitra Hepburn, Mohamed Rozani Osman, Salmah Bee Mohd Mydin, Rohaya Mohammad Yusof | Video: 1 hr 45 min.