Biography
John Rogers, CFA, is the former president and CEO of CFA Institute.
Five years after the global financial crisis washed over us all, the future of finance is unclear. The debate continues over how to rebuild a financial system that is vibrant and dynamic, that serves society, and that won’t blow up and drag the whole world down every few years. From my perspective, a new era of capitalism is emerging out of the fog. What I define as fiduciary capitalism is gathering strength and needs to become the future of finance.
Robert F. Bruner, Dean of the Darden School of Business at the University of Virginia, discusses the evolution of the MBA program. Dean Bruner focuses on the changing perspectives of students towards education and employment, while explaining what recruiters and employers can come to expect out of MBA graduates in the 21st century that may not have been the case in the past.
Robert F. Bruner, Dean of the Darden School of Business at the University of Virginia, discusses the importance of financial crises. Dean Bruner discusses the 2008 crisis through the historical lens of a financial economist. Bruner focuses on the importance of studying past crises in order to better understand and mitigate future crises.
The taint of insider trading threatens to derail investor trust in hedge funds and other alternative strategies. Is it time for a new level of self-examination by hedge fund bosses around compensation systems, ethical codes, and the culture of the firm itself?
The stakes in the debate over money market funds (MMFs) — and the risk they pose to systemic risk — escalated further with the SEC’s recent announcement that it lacks votes to issue a public proposal.
CFA Institute and the Pew Charitable Trusts join forces with former FDIC Chair Sheila Bair to launch the Systemic Risk Council (SRC). The SRC brings together experts in investments, financial markets regulation, policy making, and academia to offer seasoned opinions on the structuring of proper systemic risk oversight.
Renowned Yale economist and best-selling author Robert J. Shiller recently issued a simple but important call for college graduates headed for careers in finance: “… never lose sight of the purposes and overriding social goals of finance.”
The unfolding scandal in Tokyo involving pension investment management firm AIJ Investment Advisors Co. is depressingly predictable. Details are still emerging, but it appears that some $2.3 billion of client assets are unaccounted for. The pity is that it really doesn’t have to be this way.
Rummaging through my desk the other day, I found a set of little carved monkeys I’d picked up at a Hong Kong flea market years ago. They were the “see no evil, speak no evil, hear no evil” trio… READ MORE ›
Monday marked the release of Peter Schweizer’s new book, Throw Them All Out, a non-fiction tale about the skullduggery of a group of well-connected insiders who used their positions and clout to obtain non-public information about imminent… READ MORE ›