Key Takeaways
- • The CAIA Association and the Investment Management Consultants Association (IMCA) launched the Fundamentals of Alternative Investments Certificate Programme, a self-paced online course for investment advisors.
- • The course consists of 20 one-hour modules taught by CAIA experts and is hosted on IMCA's education platform.
- • Curriculum covers portfolio construction, risk management and due diligence, with in-depth sections on hedge funds, real assets, private equity, commodities and structured products.
- • Citing Citi Prime Finance, the launch references roughly USD10trn in alternative investment AUM and projected tripling of liquid alternatives by 2017.
- • CAIA CEO William (Bill) Kelly frames the program as a response to demand from newer, more retail-oriented intermediaries and end clients.
Summary
The CAIA Association and the Investment Management Consultants Association (IMCA) have launched the Fundamentals of Alternative Investments Certificate Programme, according to Private Equity Wire. The online course is designed to address a knowledge gap as alternative investments continue to grow in importance for portfolio construction.
Citing Citi Prime Finance, the publication notes that alternative investments currently represent USD10trn in assets under management, and that liquid alternatives are projected to triple by 2017. The course is available to anyone who needs to understand the complexities of alternative investment products, though it is positioned particularly for investment advisors.
The CAIA Association developed the course in collaboration with IMCA, which delivers investment consulting and wealth management credentials. IMCA hosts the self-paced programme, which consists of 20 one-hour modules taught by CAIA's experts and authorities in alternative investment education. The curriculum covers an overview of portfolio construction, risk management and due diligence, along with in-depth sections on hedge funds, real assets, private equity, commodities and structured products.
William (Bill) Kelly, CAIA Association CEO, said the landscape for alternatives has changed dramatically and that professionals who manage, analyse, distribute and regulate these products must keep pace. He described the Fundamentals programme as an answer to growing demand for knowledge from newer and more retail-oriented intermediaries and end clients.
Sean R Walters, CAE, IMCA's executive director and CEO, said alternative investments are going mainstream and that educated advisors are critical to employing them properly. He added that earning the certificate demonstrates a strong understanding of alternative investing and will give advisors greater confidence in positioning alternatives in portfolios.
Citing Citi Prime Finance, the publication notes that alternative investments currently represent USD10trn in assets under management, and that liquid alternatives are projected to triple by 2017. The course is available to anyone who needs to understand the complexities of alternative investment products, though it is positioned particularly for investment advisors.
The CAIA Association developed the course in collaboration with IMCA, which delivers investment consulting and wealth management credentials. IMCA hosts the self-paced programme, which consists of 20 one-hour modules taught by CAIA's experts and authorities in alternative investment education. The curriculum covers an overview of portfolio construction, risk management and due diligence, along with in-depth sections on hedge funds, real assets, private equity, commodities and structured products.
William (Bill) Kelly, CAIA Association CEO, said the landscape for alternatives has changed dramatically and that professionals who manage, analyse, distribute and regulate these products must keep pace. He described the Fundamentals programme as an answer to growing demand for knowledge from newer and more retail-oriented intermediaries and end clients.
Sean R Walters, CAE, IMCA's executive director and CEO, said alternative investments are going mainstream and that educated advisors are critical to employing them properly. He added that earning the certificate demonstrates a strong understanding of alternative investing and will give advisors greater confidence in positioning alternatives in portfolios.
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