Economic & Market Outlook Series

Next Source of Growth for Investment Managers: Is Multi-Asset Strategy the answer?


Multi-asset strategies are expected to be the number one source of growth for investment managers.  Larry Cao, CFA, editor of CFA Institute's latest book on the subject, Multi-Asset Strategies: The Future of Investment Management, will address the following questions from conceptual and industry best practice perspectives.

  • How are multi-asset strategy different from the balanced funds and fund of funds?”
  • What new concepts are extensively adopted in managing multi-asset strategies?
  • Why is multi-asset strategy the way to go for all end investors and “the” strategy that all investment professionals should understand?


Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

In-service practitioners of the financial services industry will be eligible for the Scheme. They will be reimbursed 80% of the course fees, subject to a maximum of HK$7,000 (whichever is the lower) upon satisfactory completion of a course or seminar over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course attended.

Please refer to the WAM Pilot Programme website for more details.


In his capacity as director of content for Asia Pacific at CFA Institute, Larry Cao conducts original research and develops educational products with a focus on the investment industry. Larry has 20 years of experience in the investment industry. Prior to joining CFA Institute, Larry worked at HSBC as senior manager for the Asia Pacific region. He started his career at the People’s Bank of China as a USD fixed-income portfolio manager. He also worked for US asset managers Munder Capital Management, managing US and international equity portfolios (winning a Lipper Award in the process), and Morningstar/Ibbotson Associates, managing multi-asset investment programs for a global financial institution clientele. Larry has been interviewed by a wide range of global and regional media outlets, such as Bloomberg, CNN, the Financial Times, South China Morning Post, and the Wall Street Journal. He is also a frequent speaker at conferences on topics such as fintech and multi-asset investing. He has led the development of a number of CFA Institute publications on these subjects, including Multi-Asset Strategies: The Future of Investment Management and the CFA Institute FinTech 2017: China, Asia and Beyond report. Larry graduated from the University of Notre Dame with a masters of business administration degree. He was also a visiting scholar at the MIT Sloan School of Management.


2018年7月10日, 星期二 (12:20下午 - 1:20下午)
SFC:1.00, PWMA:1.00