About

DDF		CFA Denmark
History The Danish Society of Financial Analysts (Den Danske Finansanalytikerforening or 'DDF') was founded April 30th 1974 with approximately 100 members. Today, the Society has close to 1700 members.		History CFA Denmark - at that time The Danish Society of Investment Professionals (DSIP) - was founded in February 2000.                                                                    Unlike most other European member societies of the AIMR, the Danish one was founded by members of an existing society: the 25-year-old Den Danske Finansanalytikerforening (DDF or The Danish Society of Financial Analysts). The two societies enjoy a fully integrated co-operation that includes a joint secretariat, joint committees and events, and an overlap of board members. All CFA Denmark members are also members of the larger DDF, an organisation model that allows the broad membership of DDF to provide a sound basis for a wide spectrum of activities.
Objectives The aim of the Society is to act as a professional forum on the highest international level for professionals within finance and investment (cf. articles).  This aim is to be carried out by - offering members the possibility of maintaining and further develop their professional competences - establishing a forum and an inspiring environment for a professional and social network among the members - promoting contact between the Society's members and listed companies and the international financial environment - promoting a high ethical standard among the Society's members.		Objectives  The objectives of the Society are: to establish educational standards in the professional practices of financial analysis, investment management, securities analysis and other similar professions (referred to as the Investment Decision-Making Process); to instruct and train individual members and the general public in the sound and trustworthy principles, practices and conduct with regard to the Investment Decision-Making Process; to develop and in co-operation with the Danish Society of Financial Analysts administer examinations designed to test individual competence and skill in the professional fields of knowledge pertinent to the Investment Decision-Making Process; to guide, encourage, and aid the continuing education of persons professionally engaged in the Investment Decision-Making Process to develop, establish, promulgate and maintain a Code of Ethics and Standards of Professional Conduct for persons professionally engaged in the Investment Decision-Making Process, and to enforce such standards for members.
Organisation and activities The Board of Directors consists of: Niels Ulrik Mousten, Chairman, CFA (Danske Capital), Sanne Fredenslund (Nordea Investment Management), Thomas Steen Hansen (Danske Markets), Niels Elmo Jensen (Lægernes Pensionskasse), Thomas Overvad (VKR-Holding), Erling Skorstad (Nordea), Lars Rhod Søndergaard (KPMG).		Organisation and activities The Board of Directors consists of: Niels Ulrik Mousten, Chairman, CFA, (Danske Capital), Ken Bechmann (CBS), Lars Bo Bertram (Nykredit Asset Management), Thomas Overvad (VKR-Holding), Erling Skorstad (Nordea), Lars Rhod Søndergaard (KPMG), Jens Houe Thomsen (Jyske Bank).
In order to ensure the integration between the two societies, there is always a person overlap of more than 50% between DDF's and CFA Denmark's board of directors, who always conduct joint board meetings. The Board of Directors may set up working parties for treatment of specific issues, and these working parties are also joint for DDF and CFA Denmark. The Society's high level of activity with up to 30 seminars yearly builds on a great amount of voluntary work among a number of active and committed members. Currently, the following committees play an important part in the Societies' activities: The Committee for Accounting Standards The Equity and Corporate Finance Committee The Fixed Income Committee The Asset Allocation Committee The Committee for Finance Division and Derivatives The Ethics Committee The Private Banking Committee The Education Committee
International Co-operation The Society is, through its sister society CFA Denmark, associated with the global organization CFA Institute. The CFA Institute's head office is situated in Charlottesville, Virginia, and CFA Institute has regional offices in New York, London and Hong Kong. CFA Denmark, the Danish CFA society, was founded on December 16th 1999, then under the name of The Danish Society of Investment Professionals. The members of CFA Denmark are all members of DDF and CFA Institute. The main activities of CFA Denmark include preparation and marketing of a teaching program for preparation of the CFA exam - Chartered Financial Analyst. The membership fee is DKK 1,700 per annum (including membership of CFA Denmark). The membership is personal and may not be transferred to other persons.