Hello friends,

IE Business School would like to invite you to our next Virtual Master Class. This session gives you the opportunity to experience a finance class with the Director of Curriculum of the CAIA Association, taking place next May 7th 16:00h (Madrid Local time)


IE Business School is the first Spanish Business School to have been selected as an Academic Partner of CAIA Association. This academic partnership constitutes a major step in their efforts to promote the common core mission of contributing to the education of investment professionals in the area of alternative investments.

As part of this agreement, CAIA will offer a limited number of academic scholarships for IE professors or students who would like to undertake the CAIA exam. As you know, CAIA is one of the Accreditations we accept in order to be admitted to IE, and it provides one of the most important global marks on alternative investments.

On the other hand, all members of the CAIA Association will have access to IE scholarships. The programs of study and scholarship opportunities are as follows:
– 3 CAIA outstanding professional profiles that are granted admission to the Master in Advanced Finance will be selected for a 30% scholarship.
– 2 CAIA outstanding senior profesional/executive profiles that are granted admission to the blended Global Master in Finance program will be selected for a 30% scholarship.

ABOUT THE EVENT: Commodities: Boom or Bust? The Case for a Strategic Allocation
Institutional investment in commodity futures programs has increased substantially in recent years. The attraction to commodities rests on the potential to hedge against inflation, as well as the low correlation to stock and bond markets. There is concern, however, that increasing asset flows has led commodities to become more of a financial asset, which has increased the correlation of commodity returns to those of financial markets. Ultimately, commodity prices are set by supply and demand, which differs over the course of the business cycle.

Keith Black has over twenty years of financial market experience, serving approximately half of that time as an academic and half as a trader and consultant to institutional investors. He currently serves as Director of Curriculum for the CAIA Association. During his most recent role at Ennis Knupp + Associates, Keith advised foundations, endowments and pension funds on their asset allocation and manager selection strategies in hedge funds, commodities and managed futures.
He is the author of the book “Managing a Hedge Fund,” as well as the co-author of the 2012 second editions of the CAIA Level I and Level II textbooks. Dr. Black was named to Institutional Investor magazine’s list of “Rising Stars of Hedge Funds” in 2010.
Dr. Black earned a BA from Whittier College, an MBA from Carnegie Mellon University, and a PhD from The Illinois Institute of Technology. He has earned the Chartered Financial Analyst (CFA) designation and was a member of the inaugural class of the Chartered Alternative Investment Analyst (CAIA) candidates.

Hope to see you in the session.