ARX Series
Most Popular on ARX
(May - July 2024)
Overview
ARX is designed to bring together investment professionals in Asia Pacific and other regions to share their views, knowledge and experience, so that they can learn from their peers and thought-leaders. Below are the most often downloaded posts in the last three months.
To browse or search ARX's repository of more than 5,000 posts, select "Research" in the main menu.
Sector Analysis - A Framework for Investors
CFA Institute and ACCA present a series of articles detailing a framework for analysis of investment fundamentals of industries.
2020 | CFA Institute
APAC Open Day 2024
The CFA Institute APAC Open Day is a virtual conference that brings you insights and advice from the experts and practitioners in the finance and investment field. You will have the opportunity to hear from them about their own career paths and learn directly from employers and HR professionals on how to equip yourself to take advantage of career opportunities ahead.
13 April 2024 | CFA Institute
Market Capitalization in Malaysia: What Does It Tell Us?
The objective of this article is to explain the concept of market capitalization and demonstrate how it can be applied to real-world stock market valuation. The Malaysian Stock Market is used as a case study.
20 May 2024 | Yoke Yue Kan
Recorded Webinar: Unleashing the Power of AI: Exploring Data Science for Investment Professionals
During the webinar, Charles Cheung, PhD, Solutions Architect Manager and Deputy Director, AI Technology Center of Nvidia and Ginny Wong, PhD, Data Scientist of Nvidia shared their insights on the evolving AI landscape, and how AI is impacting the finance and investment industry from business operations and investment decision-making point of views.
7 November 2023 | CFA Institute | Video:1 hour 13 mins
Recorded Webinar: Understanding Carbon Market Opportunities - Pricing Methodologies and Trading Strategies
Watch this recorded webinar to learn about the evolution of carbon prices over time, trends in carbon pricing across various regions, companies' internal carbon prices, and the differences between the voluntary and mandatory carbon markets and more.
25 January 2024 | CFA Institute; Monash University | Video:61 mins
Outlook 2H2024: Contrarian Thoughts/ 2024年下半年展望：逆共识的思考
In this note, Grow Research take a contrarian view to the entrenched bearish consensus, as the market is priced on the margin. “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”
17 June 2024 | GROW Investment Group
Fixed Income Under the Spotlight - Exploring Tail Risks: What-If Scenarios in the Year of the Dragon
MFS's Co-CIO of Fixed Income Pilar Gomez-Bravo, shares her thoughts on three key tail risks and how they could impact the global fixed income markets and our portfolio positioning.
20 June 2024 | MFS Investment Management
Recorded Webinar: Interview with Mark Higgins, CFA – Implications from U.S. Financial History
Watch this on-demand webinar to hear from Mark Higgins, CFA, as he revealed the important lessons from financial history and their impacts on investment decision-making.
15 March 2024 | CFA Institute | Video: 61mins
Recorded Webinar: 2024 Sustainability & Climate Trends to Watch — The APAC View
Watch this recorded webinar to take a deep dive into specific areas, such as climate disclosure regulation and natural capital, to see how they shape APAC’s investment landscape and more.
27 February 2024 | CFA Institute; MSCI | Video:61 mins
Case Study: PenSam Net Zero Indices
S&P Dow Jones Indices was engaged by PenSam, the Danish labor market pension fund, to develop a solution that corrected portfolio construction concerns that it had with its existing climate benchmark.
19 Apr 2024 | S&P Dow Jones Indices
Non-rating Action Commentary: China Is Reshaping Its Public Debt Structure
CSPI Ratings projects that the Central Government will take the lead in restructuring China's public debt landscape to control and resolve local government implicit debt. Read the analysis to find out more.
11 May 2024 | CSPI Ratings
WEBINAR: Guidelines for ESG Integration in Equity Analysis and Presentation in Analyst Research Reports
Co-hosted by the Securities and Exchange Commission Thailand and CFA Society Thailand, the webinar covered various approaches to ESG integration and their respective case studies.
24 November 2022 | CFA Institute; CFA Society Thailand; Securities and Exchange Commission Thailand | Video: 2hrs 1min.
eFinancialCareers 2024 Compensation Guide
The eFinancialCareers2024 salary & bonus survey had over 6,000 responses across dozens of the world’s most prominent financial services centers, asking respondents about their salaries, bonuses, work hours, job satisfaction, and more.
15 Apr 2024 | eFinancialCareers
（第二届）2023中国未来金融分析师大赛优秀行业研究报告 – 第1至16名得奖作品
历经数月，由北京市地方金融监督管理局指导，北京市金融发展促进中心与CFA Institute联合主办的2023第二届中国未来金融分析师大赛决赛于2023年5月20日成功举办。
随着数字经济的到来，金融业格局不断革新，金融人才的需求不断变化，此次大赛紧跟当前热点，以“数字引领未来”为主题，获得全球共82个国家数百万人关注，共吸引来自国内外300余所高校（含20余所海外知名高校）的2000余名学生参与，201支队伍撰写并提交以“数字化背景下，科技赋能金融高质量发展”为题的研究报告。经过来自总部位于北京的20家一线金融机构的评审专家综合评定，现将排名前60名的优秀行业研究报告展出。
17 Jul 2023 | CFA Institute
Setting the Scene – Macro Foundations, Country and System, East and West - Section 2 of ''Rise from Crises"
To celebrate the 30th anniversary, the CFA Society Hong Kong has published “RISE FROM CRISES” which summarizes how Hong Kong rose from successive financial crises in the past 30 years.
26 June 2024 | CFA Society Hong Kong
Recorded Webinar: Advancing Talent Developments in Financial Services: Updates on Emerging Global Trends, Their Impact, and Talent Policy Strategies
Tune into this on-demand webinar to learn about HKIMR's latest research report "Advancing Talent Development in Financial Services: Emerging Global Trends and their Impact on Hong Kong". A distinguished panel of industry leaders also shared their insights on talent development, offering perspectives from the global scene, the Asia-Pacific region, and the Greater Bay Area.
16 April 2024 | CFA Institute; AoF; HKIMR; AIMA | Video: 1hr 23mins
Morningstar's Guide to US Active ETFs - Observation and analysis of key active ETF trends
ETFs used to be synonymous with passive investing, but since 2019 organic growth for active ETF market has consistently exceeded 20% /year. Download the Morningstar report to gain insights into the rapid expansion and future implications.
2 July 2024 | Morningstar
Bangladesh Cement Industry Overview
The cement industry's long-term demand outlook remains positive, with higher single-digit to double-digit expected growth over the next five to ten years owing to rising urbanization rate, rapid real estate development and government mega projects.
09 Apr 2023 | EBL Securities Ltd.
An Introduction to Collateralized Loan Obligations (CLOs)
Authors 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
Decision Tree Analysis Using Real Options to Give Value to Funding Rounds
This study introduces a novel framework based on decision tree analysis, integrating real options theory to provide a nuanced valuation model for technology startups.
13 Mar 2024 | Marco Luis P. Austriaco; Nathaniel B. Mariano; Juan Miguel M. Reynante; Victor Malcom J. Medina; Raphael Mika Tolentino
Simplicity and Complexity — Striking a Balance in Sustainable Investing
This paper explores the implications that higher interest rates may have for sovereign emerging market debt (EMD) investors.
20 May 2024 | MFS Investment Management
Artificial Intelligence Opening Up New Investment Horizons
As artificial intelligence applications get more intertwined with our daily lives, this paper looks at size and outlook of artificial intelligence market. The paper also looks at various HSIL indexes which track performance of AI-theme companies.
18 Apr 2024 | Hang Seng Indexes Company Limited
Seven Questions for Selling Discipline
Learn the fundamental principles of disciplined selling in equity markets with this guide by Louise Yamada, CMT. Explore the 7 crucial questions to ask when considering a potential reversal of trend, ensuring preservation of capital in your trading.
22 May 2024 | CMT Association
Return Convexity in Trend Following
Paper examines CTA funds, noting reduced convexity in long-term signals vs faster ones. It suggests integrating non-trend signals for better returns, highlighting cross-sectional signals for return convexity and higher returns.
6 May 2024 | Versor Investments
Consumers’ Reaction to Corporate ESG Performance: Evidence from Store Visit
We investigate end-consumers’ attitudes toward firms’ ESG behavior, and the ability of consumers to affect firms’ ESG policies, using micro-level data. We find that consumers care about firms’ approach toward ESG, and consumers’ behavior can impact firms' ESG policies, using micro-level data.
11 Feb 2024 | Tinghua Duan; Frank Weikai Li; Roni Michaely
Career Concerns, Short-Termism, and Real Options: The Case of Delegated Money Management
This paper investigates the value of real options in labor market settings and find that they are of first order importance in explaining optimal career choice and compensation.
09 Feb 2024 | Jules van Binsbergen, Jungsuk Han, Hongxun Ruan, Ran Xing
（首届）2022中国未来金融分析师大赛优秀行业研究报告
由北京市地方金融监督管理局指导，CFA Institute与北京市金融发展促进中心联合主办的首届中国未来金融分析师大赛决赛于2022年6月25日举行。此次大赛从报名开启至决赛举办历时数月，紧扣绿色发展的核心理念，以“共育绿色发展新生代”为主题。共有来自国内外72所高校（含15所海外知名高校）的354名在读本硕博学生报名组队参赛，共提交62份主题为“‘双碳’目标下，传统能源行业低碳转型的分析与展望”的行业研究报告。经过10名来自总部位于北京的头部金融机构的评审专家综合评定，现将排名前30名的优秀行业研究报告展出。
25 June 2022 | CFA Institute
CFA Society Beijing Podcasts: CFA Exam Interview with CFA Institute Education Team
Tune in to a CFA Society Beijing podcast to hear education team leaders shed light on the challenges candidates face. We also highlight CFA Institute values, curriculum development, exams, and other trending topics.
17 May 2024 | CFA Institute
Recorded Webinar: Managing Climate-Related Risks and Opportunities in Equity Analysis and Investment
The Securities Exchange Commission Thailand and CFA Institute co-hosted a webinar in which expert speakers shared their experiences, provided insight into the difficulties of addressing climate change in equity analysis and investment management, global best practices, and discussed how we can improve disclosure and governance to ensure our sustainability goals can be met.
23 November 2023 | CFA Institute; The Securities Exchange Commission Thailand; CFA Society Thailand | Video:1 hr 40 mins
Should Emerging Market Debt Investors Worry About Higher-For-Longer?
This paper explores the implications that higher interest rates may have for sovereign emerging market debt (EMD) investors.
20 May 2024 | MFS Investment Management
About the Author(s)
Senior Director: Scott Lee
Project Manager: Natalie Yiu
Coordinator: Christy Leung