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Europe gets a thousand new CFA affiliates

EUROPE/GLOBAL – Over a thousand European investment professionals have passed the Association for Investment Management & Research’s (AIMR) CFA charter exam out of a total of more than 6,000 new affiliates worldwide.

Of the total, 265 are from the United Kingdom and 793 from Europe.

The 6,369 new CFA charter holders bring to more than 43,000 the number of CFA charter holders worldwide - a 17 percent increase from last year.

The CFA designation is widely considered the most rigorous and globally
accepted professional standard in the investment industry.
Of the 6,369 new charter holders, the largest numbers are from the United States - 3,118 - and Canada - 912.

The balance came from more than 80 other countries in Europe, Asia,
Australia, South America and throughout the world.

"When financial professionals have successfully met the rigorous
standards of the CFA programme, clients and employers can be confident they have demonstrated superior investment knowledge and an understanding and commitment to high ethical standards, as well as a commitment to excellence in the investment profession," says AIMR's president and CEO, Thomas A. Bowman, CFA.
"Furthermore, the worldwide uniformity of the CFA curriculum
and exams - identical exams that are given around the world in one language, English, ensures that charter holders share a common knowledge base of investment management and professional ethics."

AIMR administered the 2001 CFA exams in June at 240 exam locations in 74 countries.

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