CAIA Attributes Improved Test Results To New Textbooks

May 9 2013 | 11:14am ET

A full 68% of the candidates sitting the Chartered Alternative Investment Analyst Level I exam in March passed.

Moreover, 65% passed the Level II exam, said the CAIA association, surpassing the September 2012 success rates of 64% and 62%, respectively.

CAIA said new course materials released in 2012 contributed to the improved performance. The association revised and expanded CAIA textbooks last year to reflect changing alternative markets. The new texts include real assets, timberland, farmland, and infrastructure. CAIA also launched new study tools, including free sample exams and workbooks to support candidates in their self-study programs.

The program is designed to teach candidates to analyze and evaluate investments in hedge funds, private equity, real estate, managed futures and real assets, in addition to constructing portfolios comprised of both traditional and alternative assets.  

Membership in the association is reserved for those professionals who pass the exams and fulfill the requirements of the CAIA Charter.

“Employers and investors are looking for professionals with a deep and current understanding of the dynamic world of alternatives,” said Florence Lombard, CAIA Association CEO. “CAIA’s comprehensive, up-to-date program prepares individuals with the knowledge and practical skills needed to succeed in that world.”
 


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of