AFISA SURA adopts CFA Institute Asset Manager Code

7 September, 2018

New York City United States

CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added AFISA SURA, a business unit of SURA Asset Management, to the growing list of asset managers that claim compliance with its Asset Manager Code (AMC). AFISA SURA is now one of more than 1,400 companies around the world that claim compliance with the code. (View the full list.)

The Asset Manager Code is grounded in the ethical principles of CFA Institute and the CFA® Program, and requires that managers commit to the following professional standards:

To act in a professional and ethical manner at all times
To act for the benefit of clients
To act with independence and objectivity
To act with skill, competence, and diligence
To communicate with clients in a timely and accurate manner
To uphold the rules governing capital markets

Gerardo Ameigenda, vice president of wealth and asset management at SURA Asset Management Uruguay, recognized the importance of adopting the AMC and the advantages of having this tool to reinforce investor trust.

"CFA Institute is a leader in the global investment industry, and its standards are recognized and valued, so adhering to the AMC is very important to us. It formalizes the sustained work we do every day, but also reaffirms to our customers the trust they place in us. We are proud to be part of the list of companies that follow these global standards of excellence,” Ameigenda said.

For more than 60 years, CFA Institute has been committed to building a better world for investors with its professional codes and standards. It is the core of the CFA Institute mission to build trust in the investment profession and strengthen the global financial system.