POWERED BY MOMENTUM MEDIA
REST executive wins CIMA scholarship
The Fund Executives Association Limited (FEAL) has awarded REST general manager for investments Jo Townsend the 2012 Certified Investment Management Analyst (CIMA) scholarship.
The scholarship, delivered in partnership with Fidelity Worldwide Investment, will give Townsend the opportunity to undertake the five-day CIMA course, which is the internationally recognised core accreditation of the Investment Management Consultants Association.
Fidelity head of institutional business Gary Bailey said the scholarship was designed to help investment specialists improve their knowledge "at a time when investment practices [are] becoming increasing sophisticated".
"We received over twice the usual number of scholarship applications this year, demonstrating that this is clearly an area of increasing interest and concern for super funds," Bailey said.
The CIMA program will be held in Sydney in September, and will address issues including due diligence and manager selection; performance measurement and attribution; investment policy; asset allocation; risk management; and international financial markets and diversification.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in both public and private markets.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
