2025 Graham and Dodd Award Winners
Celebrating the Financial Analysts Journal’s most outstanding research and financial writing Learn MoreRecently Published
Financing the Sustainable Development Goals
By CFA Institute
Future Quantum Finance Applications & Risks - Part 3 of 3
With Oswaldo Zapata, PhD, co‑founder of the Quantum Finance Boardroom & contributor to the CFA Institute Research Foundation monograph AI in Asset Management.
From Strategic Asset Allocation to a Total Portfolio Mindset Description
Featuring Roger Urwin, Global Head of Investment Content at Willis Towers Watson
Blockchain, Tokenization & Digital Assets: What investors must know
With Olivier Fines, CFA, Head, Advocacy | CFA Institute, Baxter Hines CIO, Honeycomb Digital Investment, and Sam ten Cate, Director, Head of Digital Asset Strategy | State Street
Thematic Content
Capital Markets
Mercer CFA Institute Global Pension Index 2025
This report rates global pension systems, recommending reforms to improve outcomes and participant trust in an era of aging populations and increasing government intervention.
Technology
AI in Asset Management: Tools, Applications, and Frontiers
Explore how AI and machine learning are reshaping asset management, with insights from leading practitioners and CFA Institute experts.
Industry Future
A Comprehensive Guide to ETFs (2nd Edition): Module 1: ETF Features and Evolving Landscape
This first of three modules of an updated CFA Institute Research Foundation guide explores the properties, benefits, mechanics, and history of exchange traded funds (ETFs). It describes the factors behind ETF’s exponential growth and evaluates the U.S. ETF landscape.
Sustainability
Investment Innovations Toward Achieving Net Zero
CFA Institute Research and Policy Center has convened net-zero thought leaders and investment luminaries to break down the big ideas around achieving net zero. They provide practical guidance for investors, asset managers, investment professionals, and regulators.
Blogs
Stockholm’s Capital Markets Success: More Than Meatballs
Barbara Stewart, CFA, writes that Stockholm has emerged as one of Europe’s most effective capital-raising hubs, driven by a strong investment culture, supportive institutions, and long-term thinking. Its success reflects durable market structure rather than short-term market cycles.
Where AI Ends and Investment Judgment Begins
Research shows investment advantage increasingly depends on process design, reliability, and governance rather than analytical speed or model sophistication, note Markus Schuller, Michelle Sisto, PhD, Wojtek Wojaczek, PhD, Franz Mohr, Patrick J. Wierckx, CFA and Jurgen Janssens.
Book Review: Principles of Bitcoin
In Principles of Bitcoin, Vijay Selvam explores the asset through technology, economics, politics, and philosophy, offering a first-principles framework for understanding bitcoin’s role. Book Reviewer Marc L. Ross, CFA , discusses the risks Selvam identifies and bitcoin’s potential as an alternative to centralized finance systems.
More
Agentic AI For Finance: Workflows, Tips, and Case Studies
Conversations with Frank Fabozzi, CFA, Featuring Alicia Vidler, PhD
Stocks for the Long Run Revisited: Dividends and “The Return Nobody Got”
Private Market Investing
Big Data Meets the Turbulent Oil Market
Explainable AI in Finance: Addressing the Needs of Diverse Stakeholders
Continuation Funds: Ethics in Private Markets, Part I
