By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Head of UniFi by CAIA™. In this blog post, I unpack Crossing the Threshold: Mapping a Journey Towards Alternative Investments in Wealth Management with contributor Sylvia Kwan, PhD, CAIA, CFA, chief investment officer of Ellevest. Before reading the rest of this blog, you can get […]
By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Head of UniFi by CAIA™. In this blog post, I continue to dissect the recently published report: Crossing the Threshold: Mapping a Journey Towards Alternative Investments in Wealth Management which offers invaluable insights and practical guidance on implementing alternatives effectively. Before diving into the rest […]
By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Head of UniFi by CAIA™. I recently had the opportunity to sit down with Sandy Kaul, SVP at Franklin Templeton and a key contributor to CAIA Association’s recent ‘Crossing the Threshold’ report. During our conversation, Sandy provided an overview of the history of democratizing […]
By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Head of UniFi by CAIA™. I love action movies. Franchises like Star Wars, Lord of the Rings, Harry Potter, Hunger Games, and Marvel Cinematic Universe (pre-Endgame!) have been my go-to sources for investment analogies for years. Finance can be a dry industry…so let’s liven it […]
By John L. Bowman, CFA, President, CAIA Association The fragmented and secretive world of family offices is historically characterized (perhaps unfairly) by a lack of investment sophistication, concentrated exposures, unconstrained portfolio construction (“If you’ve met one family office … you’ve met one family office.”), and positions that largely reflect the passions of the family […]
By William (Bill) J. Kelly, CAIA, CEO, CAIA Association Paul Munter is the chief accountant at the SEC. He was interviewed by the Wall Street Journal about six months ago on the topic of What Worries Him when it comes to auditor independence in the wake of some recent ‘breakdowns in practice.’ The Q&A […]
By Fernando Walter Lolo, CAIA The objective of this article is to provide the reader an overview on cryptocurrency (crypto) data and statistics as a kind of dashboard to help especially Chief Investment Officers (CIO) in Crypto Hedge Funds (HF), and also to portfolio and wealth managers, allocators, practitioners, traders, and investors. […]
By William (Bill) J. Kelly, CAIA, CEO of the CAIA Association. It was Patriots’ Day on April 15 in the Commonwealth of Massachusetts. My home is in Newton and I live a short walk away from Mile 18 of the annual running of the Boston Marathon. Between zoom calls, interrupted by the thundering fly-over of […]
By William (Bill) J. Kelly, CAIA, CEO of the CAIA Association. Retirement plans were once qualified in every sense of the word. While being a qualified plan was mostly an IRS tax stricture in the 1920s to allow for the tax-advantaged deferral of retirement benefits, eventually the DOL and ERISA arrived on the scene and the […]
By John L. Bowman, CFA, President of the CAIA Association. Since the arrival of Modern Portfolio Theory (MPT) in the early 1950s by the legendary Harry Markowitz, we have been sturdily anchored to this philosophy when constructing portfolios. MPT’s most tangible heir, Strategic Asset Allocation (SAA), and all its apparatus—mean-variance optimization, efficient frontier, benchmarking, not […]