Recently Published
The Current State of BRSR in Corporate India 2.0
By CFA Institute and CFA Society India
Response to UK FCA CP25/13: Cryptoasset Perimeter Guidance
By Olivier Fines, CFA, Amit Bisaria, CFA, Suzanne Hsu, CFA, Urav Soni, and Phoebe Chan
Risk, Reward, and the Real Price of Long-Term Investing
With Ben Carlson, CFA director of institutional asset management at Ritholtz Wealth Management, co-host of the Animal Spirits podcast, and author of Risk and Reward: How to Handle Market Volatility and Build Long-Term Wealth
Infrastructure Debt
Philip Clements, CFA, Alfonso Ricciardelli, CFA, Matthieu LeBret and Simon Beckman join Will Goodhart (CFA Institute Research Foundation Board of Trustees)
Thematic Content
Capital Markets
Mercer CFA Institute Global Pension Index 2025
This report rates global pension systems, recommending reforms to improve outcomes and participant trust in an era of aging populations and increasing government intervention.
Technology
AI in Asset Management: Tools, Applications, and Frontiers
Explore how AI and machine learning are reshaping asset management, with insights from leading practitioners and CFA Institute experts.
Industry Future
Next-Gen Investors: A Guide for Wealth Managers and Financial Advisers
This report explores how Gen Z and millennial investors are reshaping financial advice, including shifts in behavior, product demand, and how wealth managers can adapt.
Sustainability
Investment Innovations Toward Achieving Net Zero
CFA Institute Research and Policy Center has convened net-zero thought leaders and investment luminaries to break down the big ideas around achieving net zero. They provide practical guidance for investors, asset managers, investment professionals, and regulators.
Blogs
Fiscal Injection, Monetary Impulse
When fiscal stimulus is mislabeled as quantitative easing, portfolio managers may misinterpret the transmission mechanism and its market impact. Valery Bonakhau introduces FIMI, a framework for analyzing the implications for inflation, interest rates, and portfolio positioning.
When Trade Payables Become Debt
Supply chain financing can distort leverage and liquidity metrics, making it harder for equity and credit analysts to assess corporate risk. Florian Lücker argues that extended payables should be classified as debt to improve transparency and comparability.
When CPI Breaks, So Do Real Returns
Nigeria’s CPI rebase improved inflation measurement but broke data continuity. Ejiye Jimeta Ibhawoh demonstrates that institutional investors should benchmark performance against purchasing power, not nominal yields, or risk mistaking paper gains for real wealth.
More
Big Data Meets the Turbulent Oil Market
Infrastructure Debt: Alternative Credit to Finance the Future
Unlocking AGMs: From Votes to Voice in Asia-Pacific
Fundamental Growth
Conversations with Frank Fabozzi, CFA, Featuring Alicia Vidler, PhD
Agentic AI For Finance: Workflows, Tips, and Case Studies
Continuation Funds: Ethics in Private Markets, Part I
