#IndiaInvConf – Opening Address By Sunil Singhania CFA, Member Board of Governors CFA Institute and CIO Equity Investments Reliance Mutual Funds

_DSC0038

In his opening address Sunil Singhania, CFA, talked about the broad trends in the investment industry and what roles CFA Institute and investment professionals can play to win back the trust of investors. The broad trends are (1) increase in the concentration of institutional ownership, (2) increase in number of high net worth individuals in Asia Pacific, (3) rise of passive investment products, (4) emergence of financial robot advisors and (5) increase in regulatory scrutiny. CFA Institute, with its mission to lead the investment profession globally for the ultimate benefit of society, works  towards (a) developing and credentialing future professionals with common body of knowledge, (b) engaging with employers to place investor interests first and (c) assisting regulators through standards and advocacy efforts. Because of the negative perception and distrust the investors are getting disengaged thereby putting their financial future in imbalance. This needs to change. The industry needs to work on raising public awareness about the beneficial role it plays for the society and build trust. This means creating business models geared towards achieving investment outcomes, and keeping fees transparent & reasonable. Over the next 10 years around 1.0billion middle class consumers are estimated to emerge globally, representing the largest single decade increase in history. To meet their investment goals they will require more trust worthy investment professionals.

  • CGS

PS:

For the complete coverage of #IndiaInvConf (for India Investment Conference 2016) kindly click on the links to the posts on the WordPress or search under the tab “India Investment Conference”:

#IndiaInvConf – India Investment Conference: Strategies For An Emerging Environment

#IndiaInvConf – Inaugural Address By Jayesh Gandhi CFA, President IAIP and Senior Portfolio Manager Birla Sun Life AMC

#IndiaInvConf – Global Asset Allocations: Investment And Business Themes For 2016 And Beyond – A CIO’s Perspective

#IndiaInvConf – The Aspirational Investors: Investing In The Pursuit Of Wealth And Happiness

#IndiaInvConf – Other People’s Money: A Lean Financial Services System Can Better Adapt To The Needs Of The Economy

#IndiaInvConf – Global Economic Outlook: Why the Next 30 Years Will Look Nothing Like The Last 30

#IndiaInvConf – The Corporate Life Cycle – Lessons For Investors

#IndiaInvConf – Multi-Asset Investing: A Practitioner’s Framework

You could also read tweets by typing #IndiaInvConf, @iaipcfa, @CFAIndia, @CFAAsia, @CFAInstitute

 

About IAIP

India Association of Investment Professionals (IAIP), which is established April 2005 and located in Mumbai, is an association of local investment professionals. As one of the 136 CFA Institute member societies, IAIP connects members to a global network of investment professionals. Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, IAIP promotes ethical and professional standards within the investment industry, facilitates the exchange of information and opinions among people within the local investment community and beyond, and works to further the public’s understanding of the CFA designation and investment industry.
This entry was posted in India Investment Conference, Mumbai and tagged , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s