Discussions about innovation and integrity in capital markets, with a view towards structural reforms, will be the focus of the CFA Societies Australian Investment Conference 2017.

Global president and chief executive of the CFA Institute Paul Smith will open the conference with a call to action for the industry to advance its own ethics and professional standards of practice.

“Our challenge as an industry is to stay relevant as stewards of other people’s money,” Smith says. “To do this, we must move our industry to a state of grace – a state where it is a trusted steward of clients’ money, unquestionably, and acknowledged by regulators as a profession whose members are competent and instinctively self-governing.”

About 300 investment management and financial services industry professionals will attend the CFA Societies Australian Investment Conference 2017, to be held at the Park Hyatt in Melbourne on November 1.

CFA Society Melbourne president Graeme Bibby, who is the chief investment officer at Mutual Trust, tipped the speakers on the program to provide an excellent overview of the key issues around the theme of innovation and integrity in capital markets.

“These are themes that dominate daily discussion in our industry,” Bibby says. “Our speakers and panellists at this year’s conference represent the best our industry has to offer in terms of discussing the issues, including some of those hard conversations around the state of integrity in our industry and markets and, more importantly, offering solutions to help us move forward for the benefit of investors.”

Former US Federal Reserve board member and one-time member of the President’s Council of Economic Advisers, Dr Randall Kroszner, will deliver a keynote address on ‘Trumponomics’.

Speaking to Investment Magazine ahead of visiting Australia for the conference, Kroszner, who is the Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business, said he sees the influence of central banks fading globally and called on policymakers to pursue structural fiscal reforms.

Other speakers at the conference will include: Australian Securities and Investments Commission commissioner Cathie Armour, AustralianSuper CIO and deputy chief executive Mark Delaney, Colonial First State Global Asset Management chief executive Mark Lazberger, and First State Super CIO Damian Graham.

For more information or to register for the event, please visit CFA Societies Australia’s Australian Investment Conference 2017 website.