CFA Institute Welcomes New CIPM Certificants

CFA Institute, the global association of investment professionals that sets the standard for professional excellence, announces that 56 percent of candidates who sat for the final Expert level exam in the Certificate in Investment Performance Measurement (CIPM®) program passed the April 2015 exam. Pending experience and membership requirements, these successful candidates will be able to use the CIPM designation, a mark of distinction for professionals seeking to increase their mastery of performance evaluation and analysis techniques, for appraisal and selection of portfolio managers and communicating with clients. There are a total of 1,349 investment professionals who hold the CIPM designation and have demonstrated their commitment to serving their clients’ best interests through professionalism and integrity. 

The CIPM Program offers practice-based training, promoting professional and ethical excellence in portfolio performance evaluation and risk management, enabling certificants to evaluate and communicate investment performance in a transparent and insightful way for asset management firms and investors.  Successful CIPM candidates include investment consultants, portfolio managers active in manager selection, financial advisors, and client relationship managers, among others.

“As we continue to work toward increased trust and transparency in the finance industry, the CIPM Program allows investors to feel confident that portfolio performance is being accurately analyzed and effectively explained to clients,” said Rahul Keshap, head, Program Management . “CIPM certificants are already making a difference in the industry through their commitment to professional excellence and ethics. We congratulate them on their achievement.”

In addition to the new certificants, 56 percent of candidates who took the Principles level of the CIPM exam have passed. The Principles level exam emphasizes investment tools, inputs and standards necessary for performance evaluation. Candidates who passed the Principles level exam are eligible to enroll in the Expert level of the program.

To earn the designation a candidate must enroll and pass two exams, become a regular member of the CIPM Association, and meet professional experience requirements. The CIPM Program applies best practices in investment analysis techniques through a self-directed curriculum and tests proficiency in professional ethics, performance evaluation, and investment reporting. Approximately 70 percent of the CIPM curriculum and readings cover advanced performance evaluation (measurement, attribution, appraisal, manager selection). The remaining 30 percent covers ethical and professional standards, including how to use the Global Investment Performance Standards (GIPS®). The CIPM Program provides investors with rigorous performance evaluation skills in order to ethically evaluate investment decision making and communicate performance results.

Registration for both levels in the October 2015 examination window remains open through July 31, 2015. The CIPM curriculum is offered online and examinations are administered during two periods each year at test centers worldwide.