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Kazakhstan Society of Investment Professionals helps you get in touch with CFA Charterholders and CFA Candidates.

Posted: 2016-12-08 01:12:25
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CFA Digest, Ahead of Print. <br/> Investors underdiversify because of solvency constraints and preferences for lottery-type outcomes. The relationship between underdiversification and positive skewness of portfolio returns breaks down somewhat in bear markets as co-movement betwe...
Posted: 2016-12-01 01:56:23
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CFA Digest, Ahead of Print. <br/> This study is about the importance of considering a full set of countries’ covariances for bilateral asset portfolio decision making rather than just analyzing bilateral market correlations. The authors apply methods of spatial econometrics to ...
Posted: 2016-11-22 11:11:12
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CFA Digest, Volume 46, Issue 11, November 2016. <br/> Some companies announce a share repurchase program and yet never end up repurchasing their shares. The authors’ theoretical model predicts that companies that are significantly undervalued announce share repurchase programs ...
Posted: 2016-11-22 11:11:10
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CFA Digest, Volume 46, Issue 11, November 2016. <br/> In an effort to make reporting more meaningful, flexible, and intuitive, the author develops a framework for the practical implementation of true geometric attribution for complex multi-manager funds with multiple currencies t...
Posted: 2016-11-17 02:52:29
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CFA Digest, Volume 46, Issue 11, November 2016. <br/> A large number of Chinese companies have been accused of accounting fraud, and previous researchers have shown that the chief financial officer (CFO) plays a significant role in a company’s financial reporting. The authors a...