(Hedgeweek) The Investment Management Due Diligence Association (IMDDA), an investor-based organisation dedicated to the professionals who investigate facts concerning investment programs, is to launch a professional due diligence designation program later this year.The Chartered Due Diligence Analyst (CDDA) will be an internationally recognised designation developed to ISO 17024 and ANSI accreditation standards that rigorously tests for aptitude and expertise in due diligence. Each person who passes the exam becomes a Chartered Due Diligence Analyst® (CDDA), a designation that denotes one as an authority in the due diligence field.
“Understanding how money is invested and all the business and operational functions of investment managers is more important today than ever,” says Andrew Borowiec (pictured), IMDDA Executive Director. “Having the CDDA gives professionals the knowledge and structure to ask the right question and gather the right information to make the right decision for investors and allocators.”