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Co-organized by the HKUST-NYU Stern MS in Global Finance Program and the CFA Institute For the 2nd session of the Global Finance Seminar Series 2014, we are pleased to have Mr. Paul Smith, Managing Director for Asia-Pacific and Global Head of Industry Relations at the CFA Institute, to share his views on Asset Management Industry. Evolving around the topic "Trends Reshaping the Asset Management Industry", Mr. Smith discussed how higher costs, increasing regulations, and loss of investors' trust are reshaping today's global asset management industry. Mr. Smith also shared his insights in Asia's push back on cross-border regulations, fiduciary capitalism, and commoditization of investment management, among others. Some 80 attendees participated in the enlightening event, which included members of the CFA institute, Hong Kong Society of Financial Analysts, HKUST alumni, NYU Stern alumni, other industry professionals and the media. For information of other seminar in the series as well as other financial seminars, go to http://www.globalfinancemaster.com/news_seminars.php .