Asset Management Platform Switzerland Recommends CFA Institute Asset Manager Code to its Members
The Asset Management Platform Switzerland (AMP) is recommending the adoption of the CFA Institute Asset Manager Code (AMC) to its members, if they have not already implemented their own Code of Conduct.
More than 1,000 companies and organizations around the world claim compliance with the Code (see the full list). In doing so, they signal their commitment to professional and ethical conduct to protect investors.
The Asset Manager Code is grounded in the ethical principles of CFA Institute and the CFA® Program, and requires that managers commit to the following professional standards:
- To act in a professional and ethical manner at all times
- To act for the benefit of clients
- To act with independence and objectivity
- To act with skill, competence, and diligence
- To communicate with clients in a timely and accurate manner
- To uphold the rules governing capital markets
Lorenz Arnet, CEO of Asset Management Platform Switzerland, comments: “CFA Institute is a leader in ethical standards for the investment industry, and the Asset Manager Code is widely recognised. Compliance with the Code formalises the sustained work we carry out daily and it strengthens investor confidence. The Code complements existing industry standards in Switzerland, such as the self-regulation of the Swiss Funds and Asset Management Association.”
Christian Dreyer, CFA, CEO of CFA Society Switzerland, adds: “We are pleased that the Asset Management Platform has taken another step towards positioning Switzerland as a leading asset management location worldwide by recommending the AMC to its members. The recognition of global best practices and industry standards can only help Switzerland in the pursuit of professionalism and ethical conduct, these are goals which CFA Society Switzerland also stands for.”
For more than 60 years, CFA Institute has been committed to building a better world for investors with its professional codes and standards. It is the core of the CFA Institute mission to build trust in the investment profession and strengthen the global financial system.