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This is our independent review of Ghana’s macroeconomic, fiscal and capital market developments during the first half of 2026. Beyond summarising the Mid-Year Budget Review, this publication examines what the latest economic data means for investors, businesses, and policymakers, highlighting progress in restoring macroeconomic stability and the priorities needed to sustain long-term growth. Read our Full Assessment Here #economy #governance
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Ready to connect with the investment community here in Cleveland?  Want to learn about the people, events, projects, and firms that are making a difference?  Want all of that but feel like you don’t have the time?  This is the show for you.  Welcome to Guardians of Finance. Learn More Here
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CFA Society Pakistan hosted a seminar on ”Investing in a Rewired World: AI, Geopolitical Fragmentation and Strategy for Pakistan,” followed by a networking dinner. The session featured Dr. Salman Ahmed, Global Head of Macro & Asset Allocation at Fidelity International, who shared insights on the evolving global investment landscape and its implications for Pakistan. 📍 Lahore | 📅 25 July 2026 | 🕖 7:00 PM (PKT) ...
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CFA Society Pakistan, in collaboration with Pakistan Stock Exchange - PSX , welcomed Mr. Saad Siddiqui, Deputy Chief, Global Analysis at the International Monetary Fund (IMF), Washington, for an engaging session on "Global Financial Stability Outlook." Participants explored key global economic trends, financial stability risks, and the evolving macroeconomic landscape.
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CFA Society Jordan hosted an engaging fireside chat featuring Fadi Al Said in conversation with Jameel Anz , bringing together finance professionals for an insightful discussion on Jordan's evolving private equity landscape. The session explored key trends shaping the investment ecosystem, including the role of regional capital, emerging opportunities, and the outlook for private equity in Jordan. Attendees also participated in an interactive discussion, exchanging perspectives and building meaningful connections with fellow professionals. The event reflects CFA Society Jordan's continued commitment to fostering knowledge sharing, professional dialogue, ...
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No other book on economics and finance had ever addressed the Portuguese-speaking world in such an irreverent and contemporary way. We have brought together essays by more than four dozen authors from various corners of the Portuguese-speaking world, not only from Portuguese-speaking countries, but also from Macau and Goa, as links to China and India, as well as from Portuguese-speaking diasporas scattered across the globe. The topics explored, which include forms of financing, investment funds, wealth management, stock markets, economic development, sectoral analyses, entrepreneurship, business valuation, sovereign wealth funds, and political frameworks, ...
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Within the scope of the Trivium – Accelerating Impact Program, we hosted a focused, practice-driven online session with LinkedIn expert Pedro Caramez . This initiative is part of a broader ambition to mobilise members, strengthen leadership capabilities, and translate intent into meaningful professional impact. The discussion focused on practical and strategic dimensions of LinkedIn.
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It was in Porto that CFA Society Portugal had the privilege of bringing together specialists from BPI Gestão de Ativos , Capital Group , PIMCO and Fidelity International , with the moderation of our Vice President, João Carlos Caiano, CFA , for an engaging panel discussion on one of the most debated topics in global markets today: Global De-dollarization – Myth or Megatrend? The discussion was marked by insightful analysis, diverse perspectives, and strong audience participation, as we explored the potential implications of a shifting international monetary system and its impact on global markets and geopolitics. The main conclusion is that although ...
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CFA Society Portugal joined FundsPeople for another edition of the FundsPeople Investment Outlook, bringing together professionals across asset management, fund distribution, ETFs and wealth management to discuss some of the key themes shaping the industry. Among the many insightful discussions throughout the event, we were particularly pleased to see the contribution of Marcos Soares Ribeiro, CFA , President of CFA Society Portugal, who shared the CFA Institute views on the implications of artificial intelligence for asset management, from data analysis to portfolio construction, and the opportunities and challenges ahead for the industry. We also ...
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We held the 2026 edition of the Charter Award Ceremony, a standout moment celebrating achievement, connection, and community, where we also had the pleasure of welcoming our newest CFA® Charterholders, and awarding CIPM® certificates . Special congratulations go to: Luís Leitão , winner of the 7th edition of the Financial Journalism Award , for his article “A moda de investir sem pensar está a crescer perigosamente ” published in ECO. Carla Brito Fonseca, CFA, Diogo Queiroz Almeida and Miguel Domingues, CFA , recognized as Volunteers of the Year. Banco de Portugal, awarded Partner of the Year. Cristina Brizido, CFA , awarded the inaugural CFA® Women ...
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Our latest workshop in the Global Insights, Local Impact series is available to watch on demand. In this session, Mike Blake, CFA shared valuable insights on “How to sustain a multigenerational business”, exploring the key practices that support the long-term success and continuity of family businesses across generations. A big thank you to CFA Society Atlanta and to everyone who joined us for this insightful discussion. If you missed the live session, the recording is available  here .
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We marked the first joint event between CFA Society Portugal, APCRI – Associação Portuguesa de Capital de Risco , and Jornal PT50 . The highlight of the event was the panel discussion on “Creating Value – Accountability, Alignment of Interests, and Talent Development” in the Private Equity and Venture Capital sector. The discussion was moderated by our President, Marcos Soares Ribeiro, CFA , and featured Cristina Barroso , CFO of Core Capital, Sociedade de Capital de Risco S.A. , José Portugal Catalão, CFA , Managing Partner at Mármore Capital , and Pedro Ribeiro Santos , Managing Partner at Armilar . The discussion highlighted several highly ...
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Lead Your Career

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As part of our Trivium initiative, we hosted an exclusive session for CFA Society Portugal members on " Lead Your Career ", featuring career psychologist and coach Cristina Correia . A special thank you to our Vice President, Jorge Sousa Teixeira , for delivering a fantastic opening address and setting the tone for an inspiring evening. A successful career does not happen by chance, it is built with intention. In today's rapidly changing professional landscape, delivering strong results is no longer enough. Professionals must take ownership of their careers by developing self-awareness, cultivating a proactive mindset, gaining clarity about their goals, ...
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SENTIMENT SA ZLEPŠUJE, PRÍMERIE POMÁHA  Index ekonomického sentimentu v júni zaznamenal zlepšenie o 14b, no naďalej zostáva v negatívnom pásme na úrovni -46b. Respondenti vnímajú pozitívne vývoj na Blízkom Východe – zmiernenie geopolitického napätia je najčastejšie uvádzaným faktorom medzi respondentami očakávajúcimi zrýchlenie ekonomiky. Naďalej však medzi respondentami prevláda pesimizmus, oproti máju zostávajú faktory za očakávaným spomalením nemenné: spomalenie zahraničného dopytu (69%), vysoká inflácia (59%) a rast úročenia (56%). Pozitívnejšie vnímajú respondenti aktuálny vývoj domácej ekonomiky, index výrazne narástol o 11b na -70b. Očakávania ...
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New episode with Ari Rubin , Founder & CEO of Flock Homes , hosted by Steve Curley, CFA, CFP® & Pedro Bernal, CFA . We discuss: Why many residential real estate investors underestimate their true returns How 721 exchanges can provide a tax-efficient exit strategy for landlords The tradeoffs between active property management and passive ownership How Flock Homes approaches valuation, liquidity, and cash flow Ari's entrepreneurial journey and the future of exchange-based investing Enjoy: https://lnkd.in/daikH3Yj
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Visit Our YouTube Channel!

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Visit and subscribe to CFA Society St. Louis' YouTube Channel for in-depth podcasts and videos about your chapter.
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This year’s theme, “Empowering Women in Entrepreneurship: Building Your Own Venture,” brought together founders, business leaders, and investors to share honest stories of growth, challenges, and resilience.   We explored key questions every entrepreneur faces—from readiness, the role of technology, to balancing life and business, financing growth, and building confidence.   One message stood out: it’s no longer about whether women can lead, but about ensuring access to opportunities, capital, technology, networks, mentors, and the confidence to turn ideas into impact.   Thank you to our speakers, mentors, organizers, volunteers, and participants ...
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2026 年 6 月 13 日,由 CFA Society Taiwan 主辦的『 2026 CFA 故宮巡禮 ‒ 聯合家聚』,於故宮北院溫馨展開, 37 位會員及親子齊聚一堂,在 2 家族會員同時也是專業導覽的 張曉 引領下,走進橫跨數千年的中華文明長河,展開一場兼具知識、美感與人文素養的文化之旅。正如《論語》所云:「知者樂水,仁者樂山。」真正的學習,在知識外,更在於文化的覺察與生命的涵養。 本次故宮巡禮依循著原定的十個主軸展開:自《吉金耀采》青銅器的莊嚴厚重,感受禮制文明的源起;於《愛硯成痴》中領略文人雅士對筆墨硯臺的精神寄託;再至《敬天格物》欣賞玉器溫潤內斂之美,與翠玉白菜、肉形石等國寶相映成趣。隨後走入《祀與戎》,從禮器與兵器體會古人「國之大事,在祀與戎」的治國智慧;《搏泥幻化》則帶領大家細賞宋代「汝、哥、官、鈞、定」五大名窯,感受 周杰倫 青花瓷中:「天青色等煙雨」背後歷經千年的瓷藝巔峰。 文化之旅亦延伸至文學與歷史。《看得見的紅樓夢》巧妙串連康熙、曹家與《紅樓夢》的時代背景,讓小說情節與真實文物走進生活;《真假乾隆》則揭開御筆與代筆的歷史軼聞,躍然紙上的真假筆跡引領大家重新思考藝術、權力與真跡的價值。《國寶聚焦》中的〈龍舟圖〉與《獨騷》楚辭文化,更適逢端午時節,令人遙想屈原「路漫漫其修遠兮,吾將上下而求索」的精神,讓歷史不只是典籍,更鮮活地呈現在眼前。 最後,《集瓊藻》珍玩展中的象牙鏤空套球、橄欖核舟,以及精雕細琢的紫檀雲龍紋畫桌,無不展現古代工藝巧奪天工的極致境界,也為本次故宮巡禮畫下圓滿句點。 ...
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2026-2027 CFACO Board

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Thank you to everyone who attended CFA Society Colorado's Annual General Meeting in June and to those who participated in our Board elections through proxy voting.   Your engagement helps shape the future of our Society, and we're excited to introduce the CFA Society Colorado Board of Directors for the 2026–2027 term.   President – Jeremy Michael Frenkel Vice President – Stephen M. Bennett Secretary – Zachary Keane Norris Treasurer & Budget Chair – Jacqueline Cheryl Vedra   Director – Kathryn Lizotte Director – Jay A. McCormick   Membership Chair – Monica Ho Programs Chair – Peter John Lorbiecki Sponsorship ...
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AI 選股神話遇挑戰?被誤判的市場訊號與微型股陷阱 撰文 王傳文 隨著 AI 快速發展,機器學習( Machine Learning )近年席捲金融市場,成為投資領域最熱門的工具之一。透過分析數百項企業特徵, AI 模型不僅能找出傳統財經理論難以發現的報酬因子,創造出更亮眼的投資績效。然而,這些看似強大的投資神器,真的找到了市場中的「聖杯」嗎? 2026 年 2 月 CFA Institute 在 Financial Analysts Journal 中發表「 Rethinking Variable Importance in Machine Learning 」這份研究報 告讓 我們重新審視 AI 選股的神話。研究中涵蓋 65 年市場資料的大型分析,對當前市場上廣為使用的機器選股模型提出了深刻反思。我們可能高估了 AI 的預測能力,許多被認為重要的選股因子,未必真的能在未來市場持續創造報酬。 重新審視 AI 投資革命 報酬可能被嚴重高估 當前學界與業界普遍使用的「變數重要性」( Variable Importance )分析方法,大多依賴模型在歷史資料中的表現來判斷哪些企業特徵最重要。一旦將模型放到未曾見過的新資料中測試,這些看似重要的因素往往失去效果,顯示傳統的「樣本內分析」容易產生過度擬合( Overfitting )問題,不一定能夠真正看出投資市場的規律。 ...
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