Mercer CFA Institute Global Pension Index 2025
Evaluating retirement systems worldwide — with actionable principles for reform Learn MoreRecently Published
The Many Facets of Stock Momentum: Distinguishing Factor and Stock Components
By Xavier Gérard, CFA and Laura Jehl
Mercer CFA Institute Global Pension Index 2025
Mercer and CFA Institute
What the Mercer CFA Institute Global Pension Index Says About the Health of Retirement Systems
With Christine Mahoney
Leadership, Storytelling & Investing
Insights from Sébastien Page, CFA, Head of Global Multi-Asset and CIO at T. Rowe Price
Thematic Content
Capital Markets
Mercer CFA Institute Global Pension Index 2025
This report rates global pension systems, recommending reforms to improve outcomes and participant trust in an era of aging populations and increasing government intervention.
Technology
The Automation Ahead - A New Content Series
This series breaks down the reality of GenAI’s current state, guiding you through the innovations, possibilities, and risks of this new wave of automation.
Industry Future
A Comprehensive Guide to ETFs (2nd Edition): Module 1: ETF Features and Evolving Landscape
This first of three modules of an updated CFA Institute Research Foundation guide explores the properties, benefits, mechanics, and history of exchange traded funds (ETFs). It describes the factors behind ETF’s exponential growth and evaluates the U.S. ETF landscape.
Sustainability
Investment Innovations Toward Achieving Net Zero
CFA Institute Research and Policy Center has convened net-zero thought leaders and investment luminaries to break down the big ideas around achieving net zero. They provide practical guidance for investors, asset managers, investment professionals, and regulators.
Blogs
Book Review: Irrational Together
In Irrational Together, Adam Hayes expands the behavioral finance lens to examine how culture, ideology, and group norms distort economic decisions. Reviewed by Marty Fridson, CFA, this timely book explores why investment choices often diverge from rational models, even for professionals, and what that means for client outcomes.
Hong Kong’s IPO Boom: Gateway or Risk Trap for Investors?
With $14 billion raised in the first half of 2025, Hong Kong has reasserted itself as the top offshore listing venue for Mainland Chinese firms. Jacob Su explores what’s driving the rebound, how new HKEX reforms are reshaping deal access, and what risks investors face in a market increasingly concentrated in China exposure.
Quantum Computing Risks: How Investment Firms Can Protect Data Now
Quantum computing may sound futuristic, but for investment firms, it is at the doorstep. The rapid pace of innovation combined with the threat level posed by a lack of comparable security measures demands swift industry action, write Genevieve Hayman and Oswaldo Zapata. They offer a two-phase strategy and a practical checklist to help firms prepare before it’s too late.
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Private Market Investing
Celebrating Research Excellence
RAG for Finance: Automating Document Analysis with LLMs
AI Washing: Signs, Symptoms, and Suggested Solutions for Investment Stakeholders
An Investment Perspective on Tokenization — Part I & II
Geoeconomics and Financial Markets
Conversations with Frank Fabozzi, CFA, Featuring Kenneth Blay
