AMHERST, MASS,  July 7, 2009 - The Chartered Alternative Investment Analyst (CAIA) Association^® is pleased to announce that the CAIA program fees will now enjoy financial training scheme (FTS) support with grant subsidies administered by the Monetary Authority of Singapore. 

The grant is provided to the following Singapore based entities sponsoring staff for the CAIA program:

• Financial Institutions
• Corporations which are engaged in or provide support for supporting financial sector activities
• Industry, market or professional associations or bodies that promote the interests of the Singapore financial sector.
  

Sponsored trainees must be professional and/or managerial staff engaged in financial or supporting activities such as IT, Legal and Finance sectors located in Singapore . The FTS grant will reimburse 70% of all training costs and registration fees required for the attainment of the CAIA designation, with a maximum reimbursement of $5,000.

The CAIA designation is the only global professional designation exclusively dedicated to the alternative investment sector. Currently, over 3,100 individuals from 80 countries hold the CAIA designation, including 165 members from Singapore who are represented by the CAIA Singapore chapter founded in 2005.

About the Training Grant

The Financial Training Scheme is a training grant administered by the Monetary Authority of Singapore. For inquiries, please contact the Grant Secretariat at 6229-9396 or via email at fsdf@mas.gov.sg.