One of the biggest issues our industry is facing is how we can prevent another financial crisis. You could argue that the 2008 meltdown had ripple effects that spared few, making it a topic that’s discussed everywhere, from the halls of the U.S. Congress, to policymakers and government heads in the developing world. In this issue, Rossa O’Reilly, CFA presents the often outspoken thoughts of Robert Pozen, chairman of MFS Investment Management and former vice-chairman and President of Fidelity Investments. Pozen is the author of Too Big To Save – How to Fix the U.S. Financial System; he recently spoke to a sold out luncheon seminar hosted by Toronto CFA Society.

We also have a companion piece by another industry thought leader – Bob Bertram,CFA, formerly an executive vice president of Ontario Teachers’ Pension Plan Board, writes candidly about how we need to look deeper at the effect ethics play on the risk – reward equation.

As well we also have a feature from Randy Tyrrell on the risks and rewards of carbon finance, Rossa O’Reilly, CFA, provides an update on the strategic plan for Toronto CFA Society, and we feature BMO Harris CIO Paul Taylor, MBA, CFA in our charterholder profile.

Last but not least, Toronto’s Books for Business has once again compiled a list of nine of the more interesting investment books published recently.