AMHERST, Mass. (HedgeWorld.com)–The Chartered Alternative Investment Analyst Association has slated Nov. 3 as the registration date for 2003 exams for its CAIA designation.
The Alternative Investment Management Association and the Center for International Securities and Derivatives Markets sponsor the CAIA designation, an effort that was launched earlier this year.
Both organizations, AIMA and CISDM, have been proponents of education in the alternative investment industry. The new standard is for professionals who specialize in alternatives and the qualification will demonstrate an individual’s abilities within and his understanding of alternative investment vehicles, according to the groups.
The designation requires applicants to pass two CAIA exams, hold a bachelor’s or equivalent degree, fulfill the CAIA Association’s membership requirements and apply concurrently for membership in the association. CAIA holders also will be required to show evidence of furthering their education in both traditional and alternative asset classes.