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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.
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