The Future of the 60/40 Allocation
Modelling the Performance of the 60/40 Portfolio in Retirement Learn MoreRecently Published
Response to California Air Resources Board Consultation on Climate Disclosures
By Sandra J. Peters, CPA, CFA
Investor Perspectives: Intangible Assets
By Sandra J. Peters, CPA, CFA, and Matthew P. Winters, CPA, CFA
CFA Society UK and CFA Institute Response to FCA’s CP24/30
By CFA Society UK, and CFA Institute
Intrinsic Value: A Solution to the Declining Performance of Value Strategies
Derek Bergen, CFA, Francesco Franzoni, Daniel Obrycki, and Rafael Resendes
Thematic Content
Capital Markets
Mercer CFA Institute Global Pension Index 2024
This report examines how young investors use content from financial influencers on social media platforms, such as YouTube, TikTok, and Instagram, to gather information and make investment decisions.
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
The Finfluencer Appeal: Investing in the Age of Social Media
This report examines how young investors use content from financial influencers on social media platforms, such as YouTube, TikTok, and Instagram, to gather information and make investment decisions.
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
Quality of Earnings: A Critical Lens for Financial Analysts
Quality of Earnings (QofE) analysis is fast becoming a must-have tool in private equity and M&A due diligence, exposing what traditional audits often miss. This post targeted toward financial analysts explores the core components of QofE—performance analysis, proof of cash, and working capital—and how they can surface hidden risks and support sound valuations. It is the latest contribution from Level III CFA® candidate Awais Dilawer.
Net Worth Optimization: A New Era of Personalized Risk Optimization
Traditional portfolio theory falls short when it ignores a client’s full financial picture. Net worth optimization (NWO) offers a breakthrough approach, integrating human capital and consumption liabilities to align portfolios more accurately with both risk tolerance and capacity. Tom Idzorek, CFA, provides a sneak peek at his CFA Institute LIVE 2025 presentation in his latest Enterprising Investor post.
Year of Shifting Sands: Reflections on the 2024 Global IPO Market
2024’s IPO market was defined by divergence—declines in overall volume, but surges in markets like India, the United States, and EMEIA. With this overview, Mike Tan, CFA, CPA, Grace Yeung, CFA, CPA, and Phoebe Chan highlight that global capital flows are diversifying and multiple regions are gaining financial prominence. Investors are navigating an increasingly multipolar financial landscape—one where no single market dominates, and opportunity spans a wider set of economic centers.
More
2024 Graham & Dodd Top Award winner: Fundamental Analysis via Machine Learning
2024 Graham & Dodd Scroll Award winner: Empirical Evidence on the Stock–Bond Correlation
The Dollar's Exorbitant Privilege
Conversations with Frank Fabozzi, CFA
Beyond Active and Passive Investing: The Customization of Finance
Watch the Debate: New Insights on Stocks for the Long Run
How Much Does ChatGPT Know about Finance?
