Asset Manager Code of Professional Conduct
For the second straight year, CFA Institute sponsored an open letter from 16 influential asset owners calling for asset managers to comply with the Asset Manager Code.
Thorough, independent operational due diligence provides investors with a review of investment firms’ operational standards and the ethical conduct of its managers.
In a continuing effort to build market integrity, CFA Institute has made it easier and more efficient to adopt the Asset Manager Code. It will also begin requiring annual notification of compliance.
The asset management industry needs to strive to become a profession that is signified by an impassioned commitment to set aside self-interest for the sole purpose of meeting client outcomes
CFA Society Sri Lanka is working to improve financial market integrity. Its commitment to putting investors first, upholding the highest standards of ethics and business practices is exciting to see.
Pension plan sponsors, including CalSTRS, CalPERS, and PRIM, have signed a letter endorsing our Code. Its timing coincides with several of our initiatives, including Putting Investors First Month.
As more institutional funds include questions about the Asset Manager Code in their RFPs, investment managers will further recognize the business rationale of compliance.