Boursa Kuwait Group has organised a training programme targeting asset management companies aimed at contributing to the development and education of brokers and asset management firms. 

 

The programme was organised in collaboration with the International Capital Market Association (ICMA) of which Boursa Kuwait has been a member since 2017. 

 

The initiative forms part of Boursa Kuwait’s efforts to create a lasting and meaningful impact on the communities where it operates as part of its Corporate Sustainability strategy and ongoing efforts under its ‘Education’ pillar to equip all market participants with an in-depth understanding of the functioning of capital markets and various tools and techniques required to make informed investment decisions and effectively meet investors’ needs. 

 

Quality education

It is also in line with Goal 4 – Quality Education – and Goal 17 – Partnership for the Goals - of the UN’s Sustainable Development Goals (SDGs) as well as the National Development Plan for the State of Kuwait, “New Kuwait 2035”.

 

The course, delivered over the course of two weeks days from May 29 to June 9, covered several concepts associated with portfolio management, such as fixed income, equities, inflation, and portfolio construction and was taught by Neil Schofield, a freelance training consultant based in the UK with over 20 years of experience in financial markets. 

 

From 2001 to 2008, Schofield was global head of financial markets training at Barclays Capital in London. He was responsible for the design and delivery of a large number of seminars in a variety of different asset classes to many different audiences. 

 

Variety of concepts

Previously, he was a director at Chisholm Roth training in London and has also held positions at Chase Manhattan Bank as well as Security Pacific Hoare Govett (now trading as Bank of America).

 

Commenting Schofield said: “The intensive ten-day course tried to explain a variety of concepts associated with portfolio management. We discussed several elements such as fixed income, equities, inflation, and portfolio construction as well as learning about the experiences of the participants. At the end of the day, this course is all about sharing knowledge. I would like to thank Boursa Kuwait for giving us this opportunity and look forward to building on this long-term strategic partnership in the future.”

 

Currently, ICMA has around 600 members active in all segments of international debt capital markets in 64 jurisdictions globally. Among their members are private and public sector issuers, banks and securities dealers, asset and fund managers, insurance companies, law firms, capital market infrastructure providers and central banks.

 

ICMA’s mission is to support resilient well-functioning international and globally coherent cross-border debt securities markets. Through its training and education programmes, designed and delivered by industry professionals, ICMA promotes high professional standards in the industry.-- TradeArabia News Service