CFA UK REPORT
Biernat, CFA, emphasises Committed younger members
importance of the The second reason for
profession Biernat’s confi dence is the
Financial services will quality of people joining the
continue to develop, says Joe industry today.
Biernat, CFA, chairman of He says he is
CFA UK. ‘extraordinarily impressed’ by
Speaking to CFA UK younger members. “These
members at the annual people are intelligent,
dinner in late September, committed and well-trained...
Biernat said he remains more and more of them earn
optimistic that the profession the CFA charter each year” he
will continue to develop says.
successfully. He puts this Biernat also praises the
down to two main reasons. support of an ever growing
Jeff Diermeier, CFA presents Colin McLean FSIP with the Wincott Prize
number of volunteers in the
A valuable job society. He points to their
CFA UK Awards “The FX group hopes to Biernat highlights the value work on the board, in
Champagne, comedy and continue to provide thought- of professionals in fi nancial committees and in the
good food were served to provoking, educational services. “We assist in that various working groups as
CFA UK members at seminars that will be of the great capitalist enterprise of another reason to be
September’s Annual Dinner. utmost relevance as CFA UK the effi cient allocation of confi dent.
The event was attended by members charter the choppy capital.
over 300 investment waters ahead.” “We channel capital to Tough times
professionals who met at the where it can earn the greatest The size of the upheaval the
Dorchester Hotel in London’s Wincott prize risk-adjusted return. In doing industry is experiencing is
Park Lane. Colin McLean, FSIP, won the so, we help to create wealth larger than anything seen
Awards for the volunteer Wincott Prize, awarded each and we safeguard people’s since the 1930s, said Biernat.
of the year and the Wincott year for the best article by a savings.” The way of doing business
Prize were presented at the member published in The code of ethics and the has fundamentally changed in
dinner by Jeff Diermeier, Professional Investor, the standards of professional a matter of days.
CFA, the president and chief society’s quarterly magazine. conduct, emphasised by the However, Biernat promises
executive offi cer of CFA McLean’s article, ‘Getting CFA Institute, ensure CFA that the society will take an
Institute. to the Truth’, suggests a charterholders do their jobs increasingly active approach
radical research approach that well, says Biernat. He points to advocacy. He praises the
Volunteer of the year overcomes the sleights of out that charterholders act in accounting advocacy
Helen Thomas, CFA, receives hand used by company the best interests of their clients committee and the
the volunteer of the year boards when reporting on with the profession in mind. investment profession
award for her commitment to fi nancial statements.
the society’s continuing McLean is a Fellow of the
education programme. She is society, a member of the
a member of the continuing Scottish committee and a
education committee and has member of the board. He
chaired the FX special interest chaired the board from 2005
group since its inception last to 2007.
year. He is the founder and
Says Thomas : “I have very managing director of SVM
much enjoyed all the work I Asset Management and is a
have done with CFA UK and fellow of the Faculty of
appreciate all the support and Actuaries and of the
encouragement that Will Securities & Investment
Goodhart and the team have Institute.
given me. Joe Biernat, CFA, chairman of CFA UK
WWW.CFAUK.ORG PROFESSIONAL INVESTOR 43
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