Investment Professional of the Future

Investment Professional of the Future

About the Report

Unless otherwise noted, data in the report are from surveys conducted from 18 January 2019 to 1 March 2019. Some totals may not equal exactly 100% due to rounding.

The CFA Institute member/candidate survey on skills, experience, and motivations includes 3,832 responses, with a margin of error of +/–1.6%. The respondents have 23 different functional roles. Overall, respondents come from the Americas (29%), Asia Pacific (33%), and Europe, Middle East, and Africa (38%); 72% are men and 27% are women, with 1% unspecified. In terms of client base, 46% work with institutions, 39% work with individuals, and for 15%, it is not applicable.

CFA Institute members are 24% of the total, and 96% are currently working in the investment industry. In terms of work experience, they are relatively evenly distributed; 28% have up to 10 years of experience, 35% have 11–20 years of experience, and 37% have 20 or more years of experience. The most common functional roles are in portfolio management at 54% (43% portfolio managers, 6% chief investment officers, and 5% managers of managers).

CFA candidates represent 76% of the total, and 75% are currently working in the investment industry. In terms of work experience, 76% of candidates have 0–5 years of work experience. Roles are much more diverse among candidates, with the most common functional role being that of analyst at 24%.

The industry leader opinion survey includes 133 responses, with a margin of error of +/–8%. Respondents come from the Americas (43%), Asia Pacific (21%), and Europe, Middle East, and Africa (36%).

The CFA Institute Future of Finance initiative is a long-term, global effort to shape a trustworthy, forward-thinking investment profession that better serves society. For more information, visit cfainstitute.org/research/future-finance or contact us at FutureFinance@cfainstitute.org to offer your ideas about how to shape the industry for the future.

Authors

  • Larry Cao, CFA
  • Rebecca Fender, CFA
  • Robert Stammers, CFA
  • Roger Urwin, FSIP

Editor

  • Rhodri Preece, CFA

Future of Finance Content Council

  • Giuseppe Ballocchi, CFA
  • Richard Brandweiner, CFA
  • Anne Cabot-Alletzhauser
  • Margaret Franklin, CFA
  • Lutfey Siddiqi, CFA

Steering Committee

  • Gary Baker, CFA
  • Emily Dunbar
  • Bjorn Forfang, CFA
  • Stephen Horan, CFA
  • Ed Hulina
  • Rob Langrick, CFA
  • Nick Pollard
  • Kurt Schacht, CFA
  • Paul Smith, CFA

Contributors

  • Virginie Afota
  • Saoud Almulla
  • Ali Alzaabi
  • Keith Ambactsheer
  • Atit Amin, CFA
  • Pablo Amuchastegui, CFA
  • Ariel Babcock, CFA
  • Boris Bernstein, CFA
  • Satish Betadpur, CFA
  • Steve Boxer
  • Aaron Brown, CFA
  • Deb Brown
  • Lisa Carroll
  • Brant Cavagnaro, CFA
  • Gabriel Chan, CFA
  • Frederick Chenel, CFA
  • Calvin Cheung
  • Aaron Clayton
  • Enrico Cocchi
  • Graham Cook, CFA
  • Angelo Corelli
  • Catherine Cornwall
  • Domluke Da Silva, CFA
  • Daniel Dagen, CFA
  • Bhaskar Dasgupta
  • Thomas Digenan, CFA
  • Wang Dong, CFA
  • Chris Dreyer, CFA
  • Francis Er
  • Kati Eriksson, CFA
  • Shan Feng
  • Suo Feng
  • Paul Francisco
  • Dave Geng, CFA
  • Will Goodhart
  • Ram Gopalakrishnan
  • Ankur Goyal
  • Vadim Gracie, CFA
  • Brendan Green
  • Sajal Heda
  • Lay Hoo Tan, CFA
  • Robert Jenkins, CFA
  • Jimmy Jim
  • Guo Jinlu
  • Rajendra Kalur, CFA
  • Angelien Kemna
  • Ashraf Khatib
  • Yolande Knock
  • Rob Lake
  • David Lan, CFA
  • Chaksum Lau, CFA
  • Shu Lei, CFA
  • Sue Lemon, CFA
  • Peter MacLeod
  • Matthew Malone, CFA
  • Ioannis Mantzaris
  • Jonathan McBride
  • Mauro Miranda, CFA
  • Dominie Moss
  • Navneet Munot, CFA
  • Ricardo Nardini
  • Kok Song Ng
  • Diane Nordin, CFA
  • Anne O’Brien
  • Mital Parekh, CFA
  • Adrienne Penta
  • Bob Pozen
  • Kathryn Pride
  • Jonathan Prin, CFA
  • Ma Qing, CFA
  • Paul Reeder
  • Matias Rigel
  • Bernhard Roessner
  • David Rothon
  • Patrick Ryan
  • Bill Scott
  • Bronwen Seaton-Wood
  • Michael Sicari, CFA
  • Hugh Simon
  • Caroline Soulas, CFA
  • Susan Spinner, CFA
  • Camilla Sutton, CFA
  • Alison Tarditi
  • Gaurang Trivedi, CFA
  • Michael Trotsky, CFA
  • Andrew Tsui
  • Sahil Vakil, CFA
  • Mitchell Van der Zahn
  • Jason Voss, CFA
  • Gerard Walter
  • Jim Ware, CFA
  • Tony Watson, CFA
  • Melissa Wedel
  • Gu Weiyong
  • George Wilbanks
  • Sarah Williamson, CFA
  • Jeanne Wolf
  • Maggie Wong, CFA
  • Arnie Wood
  • Charles Wu, CFA
  • Edward Yu

We would like to thank those who contributed ideas and feedback through interviews or group discussions, including roundtables held in:

  • Abu Dhabi
  • Dubai
  • Hong Kong, SAR
  • London
  • Mumbai
  • Shanghai

In addition, we are grateful for input from the New York Young Leaders Group and those who lead our extra-large societies.