Biography
Grace Yeung, CFA, CPA, is senior director, Exam Development, Asia Pacific of CFA Institute. Yeung plays a global role and she leads the development and production of CFA Exams and other CFA Institute Credentialing products. Her team consists of more than 150 consultants and staff worldwide. She is responsible for developing strategies and driving projects of the CFA Program and the Exam and the mission of CFA Institute. One of Yeung’s key projects is transitioning the CFA Exam from paper-based to computer-based. With her background and professional experiences in Asia Pacific, Yeung outreaches to CFA Societies, professional standard setting bodies, practitioners and credentialing organizations in the region to seek insights and develop strategies that are relevant to the CFA Program and the Exam. She has more than 20 years of global experiences in the financial services and investment management industry. Prior to joining CFA Institute, she held the position of senior manager, Assurance, Financial Services and Asset Management of PwC Hong Kong. Her clients include global and regional asset managers in traditional and alternative investment spaces, hedge funds, private equity, venture capital, real estate and infrastructure. She led assurance and consulting projects including investment fund set-up, regulatory licensing and internal control compliance. Grace had assurance, consulting and financial services working experiences in United States and Canada. Yeung holds a master of economics degree from University of California at Berkeley and a master of laws, corporate and financial laws degree from University of Hong Kong. She graduated summa cum laude with a bachelor of science degree, distinction in Management Science, and Phi Beta Kappa from University of California, San Diego. She is a CFA charterholder, a Certified Public Accountant licensed with California, a Chartered Professional Accountant of Canada, and a Certified Public Accountant (Practising) at Hong Kong SAR. She is a member of the Task Force for Digitalization of the Qualification Programme under the Qualification and Examinations Board of the Hong Kong Institute of Certified Public Accountants. She is also an active participant in the accounting standards roundtable panel of the HKICPA.
The dynamics of global capital flows are shifting. While the overall IPO market contracted last year, a closer look paints a more nuanced picture.