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ASAF Aims and Objectives

ASAF was formed with the aims to promote the interests of the investment community of Asia and Oceania, to encourage and assist the development of the profession of securities analysts through the interchange of ideas and coordination of policy among member societies.

The objectives of ASAF include the following

  • To foster a closer professional association among those engaged in or connected with the securities industry.
  • To encourage greater dissemination of information on securities analysis and on all subjects concerning the securities industry.
  • To facilitate and develop educational programs for securities analysts.
  • To stimulate and assist appropriate research into the needs of the profession of securities analysts.

ASAF History

In November 1979, representatives from Australia, Hong Kong, Japan, Korea and an observer from Chinese Taipei met in Hong Kong and resolved to establish the Asian Securities Analysts Council (ASAC), the predecessor of ASAF, as an international co-operative organization for securities analysts in Asia and Oceania.

Reflecting the rapid growth of securities markets in the region since the establishment of ASAC in 1979 with four full members (societies from Australia, Hong Kong, Japan and Korea), seven other organizations joined, namely societies from Chinese Taipei, Indonesia, India, Malaysia, New Zealand, Singapore and Thailand.

In October 1995, the eleven member societies of ASAC formally agreed to transform the organization into Asian Securities Analysts Federation Incorporated (ASAF).

Since then, the membership of ASAF has grown to fourteen with the admission of member societies from Philippines, China and Iran.

ASAF Members

The following are the members comprising ASAF:

  1. Financial Services Institute of Australasia (FINSIA), Australia

  2. The Securities Analysts Association of China (SAAC), China

  3. Securities Analysts Association, Chinese Taipei (SAA, CT), Chinese Taipei

  4. Hong Kong Securities Institute (HKSI), Hong Kong

  5. The ICFAI University, Tripura, India

  6. Indonesian Association of Investment Managers (IAIM), Indonesia

  7. Investment Industry Development Association of Iran (IIDAI), Iran

  8. The Security Analysts Association of Japan (SAAJ), Japan

  9. The Korea Certified Investment Analysts Association (KCIAA), Korea

  10. Research Institute of Investment Analysts Malaysia (RIIAM), Malaysia

  11. Institute of Finance Professional New Zealand (Inc)(INFINZ), New Zealand

  12. Singapore Society of Financial Analysts (SSFA), Singapore

  13. Securities Analysts Association in Thailand (SAA, Thailand), Thailand

  14. Association of Securities Analysts of the Philippines (ASAP), Philippines

The Chairmanship of ASAF is currently held by Hong Kong.

ASAF Executive Committee

Dr. Bill Kwok, Chairman (HKSI)
Mr. Kiyoto Hagiwara, Deputy Chairman (SAAJ)
Mr. John Unkles, Director (FINSIA)
Dr. Lin Yixiang, Director (SAAC)
Mr. Sanjay Ramchandani, Director( ICFAI University)
Mr. Tolmas Wong, Director (SSFA)
Mr. Mike Willis, Treasurer (FINSIA)
Mr. C. Duncan King, Public Officer (FINSIA)
Mr. Kazumichi Karita, ASAF Manager (SAAJ)

ASAF Annual Conferences

In pursuance of its objectives to foster closer professional association among those connected with the securities industry and to encourage dissemination of information, ASAF annual conference is held towards the end of each calendar year. Twenty-six annual conferences have been held so far in various cities of Asia and Oceania:

Auckland            : 1984, 1995        New Delhi : 1996

Bangkok       

: 1990, 1997 Seoul  : 1981, 1989, 1998, 2006
Beijing           : 2005 Singapore  : 1983, 1994
Hong Kong       : 1979, 1986, 2001 Sydney  : 1982, 1993
Jakarta               : 1991 Taipei : 1987, 2000

Kuala Lumpur 

: 1988, 1999 Tokyo : 1980, 1985, 1992, 2004

The 2007 ASAF Conference is being hosted at New Delhi by The Institute of Chartered Financial Analysts of India University, Tripura, India.

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