Archive for the ‘Capital’ Category

Private Wealth Management Executives Shared Best Practices at the Elite Summit 2010, organised by marcus evans

Wednesday, November 24th, 2010

A Unique Summit, Run by an Established Event Organiser

15-17 November 2010 | Fairmont Le Montreux Palace | Montreux | Switzerland

As the aftershocks of the economic crisis continue to disrupt markets worldwide, some of Europe’s top private wealth management industry executives came together at the recent marcus evans Elite Summit 2010, the leading private wealth management event, to share insights and strategies for unearthing the opportunities in today’s highly volatile investment landscape.

The Elite Summit (www.elitesummit.com/GTMpr) is a premium biannual forum for key decision makers from Europe’s most prominent family offices, trusts, foundations and endowments. The event focused on key wealth planning priorities, investment management efficiencies and lifestyle enhancements. The Elite Summit allowed participants to increase their depth of knowledge in critical areas pertaining to family wealth, while having the unique opportunity to take part in one-to-one meetings with leading wealth management service providers.

The summit attendees followed a personalised agenda designed to maximise their limited time and to effectively meet their business needs and interests. Keynote Speakers included:

- Constantinos G Grigoriades, CIO, Alpanco
- Denise Kenyon-Rouvinez, PhD, Head of International Family Business & Philanthropy, RBS Coutts BankDaniel Mateos, Director, Werner Capital
-Marc A Moret, LLM, Founder, Lobnek Wealth Management
- Osmond Plummer, Swiss Correspondent, Wealth Briefing, Managing Director, Wealth Coaching
- Russell Prior, Executive Director, Enterprise & Philanthropy Development, Charities Aid Foundation
- Dr Wolfgang Seidel, Finance Professor, ESCP Europe Business School
- Dr jur Frederick Metz Shepperd, Managing Director, Shepperd Investors

Testimonials

“Great organization, quality speakers combined with the opportunity to network with other family offices.”

Investment Manager, Cluster Family Office

Very enjoyable and educational. Love to join next year.
Vice President, KIRKBI A/S

“At marcus evans, it is all about total quality management, all efforts are geared towards achieving excellence, highly committed and entrepreneur staff, great selection of speakers, that make the venue a value proposition to all.”

Managing Partner, Coris Family Office

“Great organisation, great networking, the best by definition!!”
CIO, Prisminvest SA

marcus evans Summits (www.marcusevans.com), produces high level business platforms for the world’s leading decision-makers. These dynamic and innovative forums initiate and develop business relationships one to one between director and C level practitioners from the world’s most influential organisations and with leading product and service suppliers. marcus evans Summit’s guarantees an exclusive format which enables participants to achieve the maximum amount of business and knowledge interaction over a three day event in a stimulating environment.

Please note that the Elite Summit is a closed business event and the number of participants is limited.
For more information

Daniela Trojakova
Marketing Manager
Tel: +357 22 849 380
Email: summits@marcusevanscy.com
www.elitesummit.com/GTMpr
www.marcusevans.com

Dr Wolfgang Seidel: The Allure of Equities and Commodities

Thursday, November 18th, 2010

Wolfgang Seidel, a keynote speaker at the marcus evans Elite Summit 2010 and Private Wealth Management Summit Fall 2010, explores the upcoming investment opportunities.

Interview with: Dr Wolfgang Seidel, Finance Professor, ESCP Europe Business School

Nicosia, Cyprus, November 18, 2010 – FOR IMMEDIATE RELEASE

Equities and commodities offer very attractive investment opportunities, says Wolfgang Seidel, Finance Professor at ESCP Europe Business School. The performance drivers will be low valuations for equities and above-trend growth for commodities. A keynote speaker at the marcus evans Elite Summit 2010 in Montreux, Switzerland, and Private Wealth Management Summit Fall 2010 in Las Vegas, Nevada, Seidel shares his opinion on the asset classes and sectors that family offices can capitalise on, and why equities and commodities should appeal to long-term investors.

How should family office directors position themselves?

Wolfgang Seidel: With 2010 moving toward its end the macroeconomic situation is highly precarious. Concerns are both, deflation and inflation, the European sovereign debt situation and currency interventions potentially leading to wider capital controls and trade barriers. Short term, I would therefore recommend to stay liquid in order to be able to react fast. Being vigilant and having a plan B in the drawer should help investors to move quickly.

Which asset classes and sectors would you recommend?

Wolfgang Seidel: On a one-year time scale, equities and commodities have good prospects. EU and US equities are highly attractive in terms of both, absolute valuations such as P/Es & P/Bs and relative valuations such as dividend yields against real treasury yields & equity risk premiums. Earnings development and earnings sentiment do also look favourable.

Stock picks should be guided by two themes: Many institutional investors are looking at high dividend stocks to replace part of their low yielding fixed income holdings; and economic growth and valuation multiples are high in EMs, but low in DMs. I would therefore favour companies with high dividends/dividend growth and companies listed in DMs with high sales exposure to EMs.

The demand for commodities is driven by global above-trend growth, particularly in emerging markets, where the commodity-intensity per unit of GDP is higher at the margin. As a consequence, commodities with a high sensitivity for the level of growth such as energy and industry metals are attractive. Additional roll yields are achievable with e.g. copper.

In addition, due to the low level of interest rates and a second round of quantitative easing there is a good case for a continuation of the precious metals surge.

Any untapped investment opportunities?

Wolfgang Seidel: Owing to the strong growth of the world population, limited availability of arable land, change of nutritional habits and abating production yield increases there is a strong macro case for soft commodities. Because of negative roll yields in the commodity futures space this segment has to be addressed through direct farmland investments in highly productive countries with still price-inefficient markets such as Brazil. Key will be to find the right investment managers with local presence and networks.

The same demographic and nutritional factors feed into a much higher future demand for water that will cause significant shortages. Water sources will appreciate substantially in value.

Another area is real assets in the oil and gas space, which seems underserved by dedicated fund managers. There are lots of inefficiencies that need specialised expertise, e.g. depleted oil fields that can get extracted further because a) higher oil price levels allow higher deployment of capex, and/or b) modern technologies allow substantially deeper depletions.

More liquid ideas are underpriced EuroStoxx dividend futures and Argentina GDP warrants.

If you had one message to family offices, what would it be?

Wolfgang Seidel: We won the war but we struggle to sustain the peace. In this uncertain economic environment extraordinary vigilance is indispensable.

Contact: Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division

For more information please send an email to Daniela Trojakova at news@marcusevanscy.com or visit the event websites below:

Elite Summit 2010 – Montreux, Switzerland:
http://www.elitesummit.com/media_gtm_ws

Private Wealth Management Summit Fall 2010 – Las Vegas, Nevada:
http://www.privatewealthsummit.com/media_GoingToMeet_ws

About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit www.marcusevans.com

All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to news@marcusevanscy.com

Taking Risks from a Wider Perspective for Improved ALM

Thursday, March 12th, 2009

Kuala Lumpur, Malaysia-Financial service scandals from banks and insurance companies worldwide call for urgency on improved risk management. With many organizations scarred from the global crisis, addressing risk from a company-wide perspective is becoming the imperative trend.

The Asian ALM Summit 2009 (28-30 April 2009, Kuala Lumpur, Malaysia) addresses this demand. It is the leading conference specific for ALM in Asia featuring key topic such as: ERM (Enterprise Risk Management)–the framework for capturing relationships of risk between business performance and costs and it is poised to deliver the much needed framework to solve our current risk concerns; Product Development using ALM; Yield Issues examining asset allocation and yield enhancement, and many more. Event participants include: Regional Pricing Actuaries, CFOs, Chief Actuaries, Heads of ALM, and more from Financial Institutions and Banks from Hong Kong, Malaysia, Singapore & Indonesia.

The event is organized by the Finance Connection, in cooperation with the Actuarial Society of Malaysia, The Society of Actuaries in Singapore and the Society of Actuaries of Indonesia.

Finance Connection is the subsidiary of All Events Group (AEG) for Financial Services endeavors.

AEG is a leading business-to-business media company based in Singapore, empowering businesses to build competitive edge by facilitating skills development, networks with experts, and industry intelligence. By providing innovative solutions for Asia Pacific and the Middle East, AEG enables organizations to achieve marketing and business development objectives.

For more information, please contact:
* Julie Pui, Marketing Manager
* +65 9382 9209
* julie.pui@alleventsgroup.com
* For details about the Asian ALM Summit, visit http://www.alleventsgroup.com/almasia