EastWest Bank’s Trust unit recognized for compliance with CFA Institute’s Asset Manager Code

East West Bank Trust CFA Recognized

EastWest Bank’s Trust Unit has recently been recognized by the CFA Institute, a global association of investment professionals, for having complied with the Asset Manager Code, the highest standards of ethical and professional behavior expected of firms that manage assets on behalf of clients. EastWest becomes only the third trust entity in the country that has been able to comply with the rigorous code.

EastWest Senior Vice President and Trust Officer Rob B. Ramos said, “Our compliance with the voluntary code of conduct as stated in the CFA Institute Asset Manager Code affirms the integrity of our trust officers or asset managers. This in turn assures our clients that their interests would be prioritized at all times.”

The Asset Manager Code states that money or asset managers should act in a professional and ethical manner at all times; act for the benefits of clients; act with independence and objectivity; act with skill, competence and diligence; communicate with clients in a timely and accurate manner; and uphold the applicable rules governing the capital markets.

Conversely, the code provides investors a benchmark of professional and ethical conduct that they may expect from their asset managers, and a vote of confidence for banks like EastWest that are recognized by CFA to have been conscientiously adhering to the code. As a respected industry association, CFA sets the standard for excellence in the industry.