AMHERST, Mass. (HedgeWorld.com)–In addition to earning a CFA designation, those active in the hedge fund industry now may want to consider becoming CAIA certified, a new professional charter specific to the alternative investment industry.
The Alternative Investment Management Association and the Center for International Securities and Derivatives Markets sponsor the program that is administered out of CISDM’s offices in Amherst, Mass. The first exam will be given in January and study materials are now available.
So far a lot of interest has come from Europe and from the sales side of the industry, said Richard B. Spurgin, who is an associate professor of finance at Clark University and active in the CISDM. Initially, 25 to 50 individuals have made commitments to complete the program.