CIMA Society membership gives you access to multiple sources of quality "approved" CIMA CE hours that are stored in your Forum MyCE and reported automatically to IWI on your behalf – and CIMA Society pays any applicable reporting fee.

These tutorials relate to the IMAC 2026 lectures and are available to CIMA candidates enrolled in the CIMA Certification Asia Pacific Program 2026.

Markets have absorbed an extraordinary amount of bad news without suffering an equally extraordinary decline. That resilience has been supported by strong economic and corporate fundamentals. The problem is that resilience is now widely expected.

CIMA Society Asia Pacific is the community of practice for investment and wealth professionals in the Asia Pacific. We welcome new members - join or renew your membership today.

CIMA Society Asia Pacific is the community of practice for investment and wealth professionals in the Asia Pacific. We advance knowledge and collaboration among those involved in any aspect of constructing and/or giving advice on multi-asset, multi-manager investment portfolios. We welcome new Associate Members.

For much of the AI boom, markets rewarded scale. The debate is shifting from investment to productivity, from infrastructure to monetisation and from technological capability to economic return.

Food for thought and CE from Portfolio Construction Forum

The next phase of the cycle may not be determined by who spends the most capital. It may be determined by who earns the highest return on that capital. That is a more demanding environment. It is also a healthier one.

Established in 2002, Strategies Summit is THE portfolio construction strategies conference of the year. Presented each August, the program features 50+ carefully selected leading investment thinkers who will challenge and refresh your portfolio construction thinking by debating contemporary and emerging portfolio construction strategies, for you to consider applying in practice to build better quality portfolios.

For the past two years, investors have focused almost exclusively on scarcity. That scarcity mindset created extraordinary winners. This week the conversation evolved from scarcity to scrutiny.

The market still believes in the AI supercycle. But it is beginning to ask harder questions about price, funding, margins, energy, inflation and return on invested capital.

What's new with our live and on-demand continuing education, accreditation and certification programs.

The purpose of investing is not simply to accumulate wealth. The real "prize" is financial wellbeing. As Yogi Berra famously observed: "If you don't know where you are going, you'll end up someplace else." Eyes on the prize! Strategies Summit 2026 (Wed 19 Aug) will challenge and refresh your portfolio construction thinking through robust debate of contemporary and emerging strategies to help you build better quality portfolios.

This week was a test of how markets process conflicting signals. Markets again showed how quickly they are willing to move past geopolitical risk when the AI capital cycle remains intact.

The market remains willing to fund transformational growth. SpaceX proved that. But SpaceX is not merely an IPO. It is a market structure event.

One of the most remarkable features of the current market cycle is that capital is no longer simply chasing growth. Increasingly, growth is chasing capital. The next phase of the cycle may be determined not by the capabilities of artificial intelligence, but by the capacity of financial markets to fund it.

Food for thought and CE from Portfolio Construction Forum

Markets continue pricing artificial intelligence as a productivity revolution. Increasingly, it is also becoming a capital cycle, influencing how capital is allocated throughout the global economy.

What's new with our live and on-demand continuing education, accreditation and certification programs.

Markets continue to behave as though AI can absorb almost any macroeconomic shock, largely pricing AI as an abundance narrative. Meanwhile, the underlying system is increasingly signalling scarcity.