Sydney 29 May 2017: CFA Societies Australia, member societies of CFA Institute, the global association of investment professionals, today noted that the ratio of female and male exam candidates was now close to 50 per cent.
Amongst new candidates sitting for exams in December 2016, 46 per cent were women and 54 per cent were men. Female candidates returning to re-sit exams accounted for 44 per cent of total candidates.
Mr Anthony Serhan, CFA, President CFA Society Sydney and Managing Director, Research Strategy, AsiaPacific at Morningstar, said achieving real gender diversity was about outcomes, not just moral imperative.
“Stats like these show there is movement toward tangible outcomes for diversity and this is encouraging for our vision of achieving a 30 per cent target of women in investment management. There is still much to be done to make sure this uptick in female candidates carries through into investment roles in the future. We are encouraged that the programs put in place though our member, candidate and university engagement are making a difference.”