LEFT: Robert Turnquest CFA, CAIA receiving charter from the CFA Society The Bahamas' Co-Chair of Programming Aneka Rolle, CFA.
RIGHT: Jerome Franks, CFA, CPA receiving charter from CFA Society The Bahamas' President Kevin Burrows CFA, CAIA.
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NASSAU, Bahamas
— The Chartered Financial Analyst Society of The Bahamas has wrapped up
its second annual Investor Day and Research Challenge, with
presentations by two publicly traded companies and a College of The
Bahamas competition set to raise public awareness on investment
opportunities in the country.
The
yearly event is a designated time during a global campaign to “Put
Investors First” in the month of May that sees local CFA charterholders
gather to focus not only on their global portfolios, but on creating a
more liquid domestic market and increasing investor education.
“We
have something to contribute directly to society because we realize
that investment understanding should be something for the betterment of
society,” said Kevin Burrows, CFA, president of the CFA Society of The
Bahamas. “It’s in the country’s best interest to encourage investment in
the local market, so during this month we commit to put investor
interests above all else.
“We want to shape a forward thinking financial society that better serves society.”
Held
at COB’s Harry C. Moore library, this year’s presentations were made by
the Bahamas International Securities Exchange as well as two companies
listed on the local exchange, Family Guardian and the Arawak Port
Development (APD Ltd).
Open
to the public and at no cost, many COB students were in attendance to
gain understanding on investment options in The Bahamas as well as to
participate in a competition that involved research and analysis of APD
Ltd.
During
the event, the CFA Society Bahamas donated CFA learning material to
COB’s School of Business as well as awarded two new - of three -
charterholders their CFA charters after not only meeting the work
experience requirements but also completing three rigorous examinations.
Burrows
is now looking forward to continued growth as the organization
introduces more BISX-listed companies to the general public at the
yearly event.
Following
a period of financial advisors like Bernie Madoff being publicly
convicted of fraud in the international market, Burrows said a
commitment by financial advisors to re-build confidence in the
investment market through initiatives like this recent event was the
best way forward.
“That’s
what the CFA Society of The Bahamas is trying to do,” said Burrows, who
is also a lecturer at the COB. “Through this we are doing our part to
help the liquidity of the local market.”
ABOUT:
The
CFA Society The Bahamas is a member Society of the CFA Institute
(CFAI), a global association of investment professionals who sets the
standard for professional excellence. CFAI is a champion for ethical
behavior in investment markets and a respected source of knowledge in
the global financial community.
