CFA Institute 11 February 2022
Investment Management Professional of the Future
CFA Institute Alpha Summit APAC
Virtual Session: Video On Demand
CFA Institute Alpha Summit APAC, a two-day virtual conference focusing on the investment industry’s biggest challenges and most compelling trends across Asia Pacific, was held on 10-11 February 2022. From shareholder activism and advances in fintech to sustainable investment strategy and capital allocation, the nine thematic sessions of the conference aimed to give the audience the tools and guidance on best practices that financial professionals need to succeed.
The expanding role of artificial intelligence (AI), big data, and machine learning has already begun to change the investment industry, but it’s also transforming the very nature of investment work itself. Increasingly, investment professionals will have to deal with investment processes that are shaped and driven by new technologies. How can firms build more effective teams that integrate human intelligence with artificial intelligence? And how will individual professionals need to adapt in order to succeed?
In the last session of the conference, “Investment Management Professional of the Future,” speakers stressed the ability of AI to extract insight from non-structured, textual data. AI is not going to replace human decision making but it can support decision makers with depth and breadth of analysis of newly available, vast data sets. Utilizing such new technologies in business requires new organizational structures and a new culture, which enables iterative development, quick feedback, and the ability to fail, learn from the failure, and pivot in a new direction. An adaptive mindset, openness to change, and willingness to learn are the top qualities that will drive successful careers in finance.
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Valentijn van Nieuwenhuijzen was appointed Chief Investment Officer of NN Investment Partners in 2017. His career with the firm started in 1999 when he joined ING, gaining substantial experience in the financial services industry. Prior to becoming CIO at NN, Valentijn was Head of Strategy within Multi-Asset at NN IP from 2010 to 2013. From 2013 to 2017, he held the role of Chief Strategist and Head of Multi-Asset. Valentijn is a key spokesperson for the company, appearing frequently at client events and in the media. Valentijn earned an MSc in economics from the University of Amsterdam in 1998.
Dr Liang Xu, list as one of the “35 Innovators Under 35” by MIT Technology Review, is the principal scientist of the National Next Generation Open AI Innovation Platform for Inclusive Finance. He has been worked at Ping An for 7 years, leading research, development, and application of innovative AI technology. Among his many accolades, Dr Liang Xu won the Wu Wenjun Artificial Intelligence Science and Technology Progress Award. He received a bachelor’s degree from Tsinghua University and a PhD from Oxford University.
Larry Cao, CFA, is senior director of industry research at CFA Institute. He conducts original research with a focus on investment industry trends and investment expertise. Mr. Cao’s current research interests include multi-asset strategies and fintech. He frequently speaks at industry conferences on these topics and has more than 20 years of experience in the investment industry. Mr. Cao started his career at the People’s Bank of China as a US dollar fixed-income portfolio manager. He has worked at HSBC as senior manager for the Asia-Pacific region; Munder Capital Management, managing US and international equity portfolios; and Morningstar/Ibbotson Associates, managing multi-asset investment programs for a global financial institution clientele. Mr. Cao has been interviewed by a wide range of business media, including Bloomberg, CNN, the Financial Times, South China Morning Post, and the Wall Street Journal. He pursued graduate studies at Harvard University and was a visiting scholar at MIT.