DOCSLIB.ORG

Hedge Fund Newsletter

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Hedge Fund Newsletter HEDGE FUNDS SNAPSHOT 1Q17 IN THIS ISSUE 1 Overview: Hedge Fund Industry Trends OG Recruiter Interview: Graham Smith, Brian Palabrica, Amit Kapoor 2 OG Client Commentary: Hedge Fund Breakfast Highlights 3 4 People Moves 1. OVERVIEW Regulatory and compliance issues are Another pressing issue, particularly The first quarter of 2017 has seen a adding costs and creating hurdles for given the importance of quant talent strengthening of the dominant trend fundraising. Trade crowding is a for hedge funds, is immigration of 2016: quantitative investing. Quant growing problem that ironically has policy. In April, President Trump strategies are enjoying growth in been intensified by the growing signed an order directing American absolute and relative terms, as well reliance on quant strategies and low- agencies to propose new rules and as outperforming traditional, latency trading. Cybersecurity protocols for the H-1B visa program. fundamental strategies. As a result, constitutes yet another issue facing The President's goal is to ensure that hedge funds are heavily investing in hedge funds, forcing them into the current lottery system is replaced quantitative talent and technology to unending races against the ever- by one that favors the most highly boost risk management, portfolio evolving cyber-threats plaguing the skilled or most highly paid applicants; construction, and data science financial community at large. and further, the President is adamant operations. Candidates in the that anyone receiving such a visa quantitative space at all levels are The single greatest challenge facing must not be displacing an American seeing an increase in opportunity at hedge funds, however, is the political worker. While it is more likely that hedge funds and ancillary businesses. environment. The Brexit vote and technology outplacement workers Hedge funds are growing in-house Trump's win in the American will be more affected than financial teams or engaging with boutique presidential elections are bellwethers specialists, the lack of clarity about subscription services to develop of populist sentiment growing in both immigration rules is another obstacle quant strategies and capabilities. the United States and Europe; that hedge funds navigate. feelings are running strongly against While many hedge funds running open markets and financial It is ironic, then, that the current fundamental strategies have been powerhouses. The Trump uncertainty has favored the largest playing catch-up with their administration has presented an funds even though a number of them quantitative peers, there have been array of different and sometimes have had disappointing performance. bright spots for some strategies. One contradictory initiatives. While the These funds have both the resources macro systematic fund was up almost Cabinet is full of Wall Street bankers, to withstand weak performance and 25% on the year through November. primarily Goldman Sachs alumni, the redemptions; and they are widely Distressed credit or global credit administration's withdrawal from the seen as safe havens. On the other long/short also have performed well. Trans-Pacific Partnership agreement hand, smaller funds have suffered Portfolio managers are returning to and its expressed desire to rewrite badly, not only because of difficult merger arbitrage and event-driven NAFTA are hardly friendly to financial market conditions but for a number investing with notable success. A markets in general and to hedge of other reasons as well. For example, number of issues are generating funds in particular. banks, under pressure to allocate headwinds for hedge funds. HEDGE FUNDS SNAPSHOT 1Q17 Brian Palabrica is a Director based in New York, where he focuses on recruiting for our alternative investment clients. He focuses mainly on hedge funds, with an asset class specialty within Equities and Equity Derivatives. He has placed professionals across Trading, Research, Portfolio Management, Risk Management as well as quantitative investment and research. Amit Kapoor is a Director based in New York. His expertise is with senior management and senior investment professionals within Equities across Long-Short, Value Based Investing, capital conservatively, have turned United Kingdom, the possibility of Market Neutral, Event Driven, and away all but the most profitable currency and trade wars, American Family Offices. He also has a strong hedge fund clients from their prime immigration rules and tax reform, the knowledge base across Macro, Credit, brokerage businesses. The figures on refinancing of Greece's debt, Russia's Quantitative, and Commodity launches and closures tells the story; increasing belligerence toward both strategies. in 2016, 566 hedge funds closed while Europe and the United States, only 518 launched. tensions with North Korea: these and Q: How is OG positioned to address other factors will also deeply cross-border talent movement? New funds are also facing pressure to influence hedge fund performance in Brian: The political climate has made lower their fees from the traditional the coming quarter. 2/20 model. A survey late last year by it desirable to work with firms that Prequin found that new funds were can easily relocate people. That 2. OG RECRUITER INTERVIEW charging 1.5% management fees and favors a firm like ours. We have Three of Options Group’s top hedge 19% performance fees. A survey offices all over the world and an fund recruiters sat down to discuss released in February by HFM and information-sharing culture. If there’s international talent movement, the Citco Fund Services found that 72% of an appetite for it, we can move 1,000 impact of perception, and our unique polled managers were introducing people from the US to Asia. positioning in the hedge fund new fee structures to attract recruiting space. Graham: Yes. For example, we have a investors. In the United States, the Graham Smith is a Partner based in hedge fund client in Asia looking to figure was even higher, at 78%. Even London, and looks after our European hire a US rates trader to move to established funds have cut fees, and Asian hedge fund practice. He either London or Asia. We've got including Moore Capital works across all hedge fund strategies some candidates in London, and we’ll Management, Tricadia Capital, and including Equity Long/Short, Equity have someone in New York, like Amit, Valinor Management. Event Driven, Fixed Income Macro, working on finding candidates from Going into the second quarter, we Relative Value, Global Macro, there. There isn’t another search firm anticipate that the appetite for Systematic and Stat Arbitrage, Credit, that can do that as well as we can. quantitative talent will only grow. Distressed and Special Situations. He We know the market; we have offices However, we also believe that there has successfully placed individuals all over the world, we can execute on will be hiring for select fundamental across Asia, Europe and the US. this swiftly and efficiently. strategies. The June election in the HEDGE FUNDS SNAPSHOT 1Q17 Brian: Cross-border talent movement possibility of rolling back Dodd-Frank looking to enter the industry. It’ll also is Options Group’s strong suit. A US- – to what degree could that happen? complicate the process by adding only recruiting firm won’t be able to Consumers like the protection, so time. It wouldn’t have a positive respond to a situation where you we’ll have to see if there’s any impact on the industry. need to move talent. It’s easy for us movement there and if there’ll be an with our experience and worldwide impact on hedge funds. Brian: There’s no arguing against the reach. When macro forces are fact that there is not enough US- affecting how and where people are Brian: The more interesting based or US-born talent to support being hired, we’re best positioned to regulatory and compliance issue are hedge fund demand. A reduction in help. those associated with retail strategies foreign-born talent would be and long-only offerings. For example, damaging. Broadly speaking, political Q: Speaking of macro forces, how there's a hedge fund building out its bans that potentially demonstrate a does the changing regulatory long-only fund, which requires negative posture towards the world environment in Europe and the US building out a whole class of people may impact if and how people decide affect the hedge fund industry? that know about that kind of thing, to move. whether it’s individuals that know Amit: Well, regulatory compliance is how to market that kind of structure Graham: And in the UK, Brexit has led obviously a point of concern for the or build that business. Hedge funds to a similar perception. If the UK is hedge fund industry. are blurring the line between what perceived as unwelcoming to foreign was previously only available to individuals, it can be really harmful, Graham: Right, in terms of European secretive, high net worth investors. regardless of whether it’s true or not. regulatory issues, the Markets in Now, the door is opening to more Financial Instruments Directive Brian: For hedge funds, Asian and people, like mom-and-pop investors. (MiFID II) will change the relationship Russian talent is essential; they make This creates new concerns and new between hedge funds and research. It up a majority of the quant talent hiring appetite. One fund I work with basically has to do with how banks pool. So if the majority of hedge fund is looking to build an ETF and needs a are separating their research arms. hiring is going to be in the quant marketer to push the process. The Banks can no longer provide free space, then this would have an demand is there, but hedge funds research. Hedge funds will have to impact. now need to deal with regulatory and pay for research from the banks. I compliance concerns.
Load more

Recommended publications
  • SBAI Annual Report (2017)
    Annual Report 2017 Table of Contents Contents 1. Foreword ............................................................................................................................................. 4 2. SBAI Mission ........................................................................................................................................ 7 3. The Alternative Investment Standards ............................................................................................... 8 Why are the Standards important? .................................................................................................... 8 4. The SBAI Toolbox .............................................................................................................................. 10 5. Overview of SBAI’s Activities in 2017/2018 ...................................................................................... 11 Key Highlights .................................................................................................................................... 11 Rebranding .................................................................................................................................... 11 North American Committee .......................................................................................................... 11 SBAI Toolbox ................................................................................................................................. 12 New SBAI Initiatives .....................................................................................................................
    [Show full text]
  • Capital Market Study Report, Bangladesh
    Developing the Business Case for Investing in Inclusive Business in Indonesia A Market Scoping Study March 2013 The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank (ADB), or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. © 2013 Asian Development Bank and SNV Written by Bernardino M. Vega Jr. (team leader), Tiur Rumondang and David Finneran; consultants to ADB and SNV. We thank particularly Robert de Jongh (ADB consultant on Inclusive Business), Phil Harman (SNV), and Armin Bauer (ADB) for their valuable comments and suggestions. The report also includes a brief due diligence on establishing a IB investment fund, done by Noah Beckwith (consultant to ADB). The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB), its Board of Governors, or the governments they represent or of SNV. ADB and SNV do not guarantee the accuracy of the data included in this publication and accept no responsibility for any consequence of their use. By making any designation of our reference to a particular territory or geographic area, or by using the term “country” in this document, ADB and SNV do not intend to make any judgments as to the legal or other status of any territory or area.
    [Show full text]
  • Asia-Pacific Hedge Funds
    Content Includes: Preqin Special Report: Asia-Pacific Hedge Funds Overview of Asia-Pacifi c March 2015 Hedge Funds New regions for investment are emerging amid a changing economic and regulatory landscape. Overview of Asia- Pacifi c Hedge Fund Performance Performing better than hedge funds globally following economic growth in region. Institutional Investors in Asia-Pacifi c A look at the region’s diverse range of active investors in hedge funds. Asia-Pacifi c-Based Investors’ Outlook on Hedge Funds What do investors look for in fund managers in 2015? Did hedge funds meet their expectations in 2014? alternative assets. intelligent data. Download the data pack: Preqin Special Report: Asia-Pacific Hedge Funds www.preqin.com/HFAsia15 The Asia-Pacific Opportunity Asia-Pacifi c as a destination for hedge fund management has been expanding rapidly over the past few years; over 2014 alone industry assets in the region grew by almost 30%. Much of this growth has been driven by the growing base of institutional investors in the region, from large sovereign wealth funds through to small local pension schemes, that have increasingly begun to turn to hedge funds to help meet portfolio liabilities and long-term investment objectives. Recent regulatory reforms that have swept across the region have enabled both fund managers and investors alike to ramp up their activity in the hedge fund space, and this rapid growth is expected to continue over the next few years as more regions for hedge fund activity emerge within Asia-Pacifi c. In this report we look at the state of the hedge fund industry in Asia-Pacifi c by examining both local funds and those from beyond its shores investing in the region.
    [Show full text]
  • Hedge Fund Standards Board
    Annual Report 2018 Established in 2008, the Standards Board for Alternative Investments (Standards Board or SBAI), (previously known as the Hedge Fund Standards Board (HFSB)) is a standard-setting body for the alternative investment industry and custodian of the Alternative Investment Standards (the Standards). It provides a powerful mechanism for creating a framework of transparency, integrity and good governance to simplify the investment process for managers and investors. The SBAI’s Standards and Guidance facilitate investor due diligence, provide a benchmark for manager practice and complement public policy. The Standards Board is a platform that brings together managers, investors and their peers to share areas of common concern, develop practical, industry-wide solutions and help to improve continuously how the industry operates. 2 Table of Contents Contents 1. Message from the Chairman ............................................................................................................... 5 2. Trustees and Regional Committees .................................................................................................... 8 Board of Trustees ................................................................................................................................ 8 Committees ......................................................................................................................................... 8 3. Key Highlights ...................................................................................................................................
    [Show full text]
  • FLORIDA STATE BOARD of ADMINISTRATION (Private Equity) ALTERNATIVE ASSET FUNDING STATUS & PERFORMANCE SUMMARY Inception Through December 31, 2015
    FLORIDA STATE BOARD OF ADMINISTRATION (Private Equity) ALTERNATIVE ASSET FUNDING STATUS & PERFORMANCE SUMMARY Inception Through December 31, 2015 Reporting Currency: U.S. Dollars ($) Cash Flow & Valuation Multiple IRR Fund Current Total Value / Inception Commit- Paid-In Distributions Net Asset Paid In Fund Alternative Asset Partnerships Date ment Capital at Market Value (NAV) Fund IRR1 3i Europartners Vb, L.P. 06/06 74,177,950 73,485,626 71,358,117 0 0.97 -0.6% 3i Growth Capital Fund, L.P. 03/10 55,308,826 31,535,239 29,292,936 0 0.93 -2.0% ABRY Partners VII, L.P. 04/11 75,000,000 67,320,312 28,260,588 72,293,517 1.49 14.6% ABRY Partners VIII, L.P. 05/14 75,000,000 31,918,558 0 29,968,084 0.94 NM Accel-KKR Structured Capital Partners II, LP 01/14 25,000,000 2,853,069 0 2,131,893 0.75 NM Accel-KKR Capital Partners V 09/15 50,000,000 0 0 0 NA NA Advent International GPE VI-D, L.P. 03/08 58,000,000 55,883,080 54,676,813 58,615,746 2.03 18.7% Advent International GPE VII-D, L.P. 06/12 102,579,338 77,428,060 12,762,271 79,932,176 1.20 10.6% American Industrial Partners Capital Fund VI, L.P. 09/15 50,000,000 0 0 0 NA NA Apax VIII-B, L.P. 11/11 157,584,000 135,307,150 0 158,350,070 1.17 16.4% Apollo Investment Fund IV, L.P.
    [Show full text]
  • Ex-Commonwealth PM Set to Launch $500M Macro Fund LAUNCH
    The long and the short of it www.hfmweek.com ISSUE 497 3 MAY 2018 INFRAHEDGE CEO BRUCE KEITH DEPARTS AFTER 7 YEARS HFM EUROPEAN 2018 $30bn MAP co-founder to be replaced by Andrew Allright PEOPLE MOVES 03 PERFORMANCE AWARDS DEUTSCHE PUTS PRIME FINANCE BUSINESS UNDER REVIEW HF head Tarun Nagpal to leave bank after 15 years PRIME BROKERAGE 07 EX-GRUSS CAPITAL PROS PREP EVENT-DRIVEN FUND HFMWEEK REVEALS ALL Indar Capital expected to launch later this year LAUNCHES 10 THE WINNERS AWARDS 23 Ex-CommonWealth PM set to launch $500m macro fund Christopher Wheeler readies between 2013 and 2016. London-based CJW Capital CommonWealth closed BY SAM MACDONALD down last year as Fisher depart- ed to join $26bn Soros Fund FORMER CITADEL AND Management. CommonWealth Opportunity From November 2016 until Capital portfolio manager Chris- March this year, Wheeler is topher Wheeler is set to launch a understood to have traded a sub- LAUNCH macro fund with at least $500m stantial macro sleeve for Citadel. initial investment, HFMWeek He previously spent five years has learned. with London-based liquid multi- ANALYSIS Wheeler is starting London- asset business Talisman Global NUMBERS SURGE IN 2017 based CJW Capital Management Asset Management. He earlier with backing from a large asset worked at Morgan Stanley. manager and is looking to begin CJW Capital could become trading this year, HFMWeek one of this year’s largest HFM Global’s annual survey shows understands. European start-ups, amid a num- He registered the firm with ber of prominent macro hedge equity strategies remained most in UK Companies House on 23 fund launches.
    [Show full text]
  • Sbai Announces New Apac Committee Appointments and Progress Report
    SBAI ANNOUNCES NEW APAC COMMITTEE APPOINTMENTS AND PROGRESS REPORT 3 October 2019 The APAC Committee of the Standards Board added two new members to the Committee: William Ma, CIO of Noah Holdings (HK) Limited and Brian Pohli, Executive Director of CQS (HK) Limited. Noah Holdings (HK) Ltd is both a Signatory to the Standards and a member of the SBAI Investor Chapter. CQS is one of the founding members of the SBAI and has been a Signatory to the Standards since 2008. The SBAI is the global standard-setting body for the alternative investment industry, supported by over 200 alternative investment managers and institutional investors who collectively manage $4.5 trillion. Ted Lee, Chairman of the APAC Committee, stated: “We are absolutely delighted to welcome William and Brian to our Committee. The wealth of their experience and knowledge of our exciting industry will benefit the Committee as well as the SBAI’s mission in the APAC region. I would also like to take this opportunity to thank George Long, Founder of LIM Advisors who is stepping down from the Committee after having served on it since 2016. The APAC Committee has made tremendous progress in the region thanks to the contribution made by such capable members like George and we are very grateful to him.” The SBAI’s APAC Committee was established in June 2016 with APAC-based representatives from Albourne, CPPIB, Dymon Asia Capital, Future Fund, GIC, LIM Advisors and PAG. The Committee directs the SBAI’s activities in the Asia-Pacific region, including assisting with the SBAI’s dialogue and relationships with regulators, managers and investors, and ensuring that Asia-Pacific regional and local issues and needs are addressed as the SBAI develops standards and guidance.
    [Show full text]
  • Asia Asset Management Q3 2020
    ASIA ASSET MANAGEMENT Q3 2020 A Sheffield Haworth Publication featuring people news, industry updates, market trends and analysis Nick Aylwin-Foster George Windsor Emma Quan ASIA ASSET MANAGEMENT – Q3 2020 CONTENTS MARKET OVERVIEW pg 3 BUSINESS DEVELOPMENT pg 5 LEADERSHIP pg 6 CHINA pg 8 INVESTMENT & PRODUCT pg 10 2 2 ASIA ASSET MANAGEMENT – Q3 2020 MARKET OVERVIEW INTRODUCTION Another testing quarter for the asset management industry. The situation across much of Asia has continued to disrupt normal working patterns with most employees working remotely, amplifying the challenges of running a multi-faceted, international business. Despite these challenges, hiring activity has continued across a variety of functions indicating a willingness amongst managers to push through critical hires. Interestingly, hiring levels were slightly elevated against Q3 2019, although this is likely down to the lack of the summer ‘lull’ when decision makers typically take annual leave. NEWS ▪ UOB Asset Management has partnered with FNZ Group to launch a robo- advisory mobile app for retail investors in Singapore. In similar news, Franklin Templeton in Singapore has partnered with Razer Fintech to roll out a digital wealth management platform to target millennials in Southeast Asia. ◼ Affin Hwang Asset Management has teamed up with Versa Asia Kuala, a Kuala Lumpur-based fintech firm, to launch a digital cash management platform via a mobile app. ▪ AIA Thailand has received licences for private fund management and mutual fund management from Thailand’s regulator for its newly formed investment management subsidiary, AIA Investment Management Thailand. ▪ CCB Principal Asset Management in Hong Kong has been awarded licenses for asset management (Type9) and advising on securities (Type4).
    [Show full text]
  • Southeast Asia Private Equity Sees More Than US$7.8Bn Invested, SVCA Celebrates the Industry’S Achievements
    Southeast Asia private equity sees more than US$7.8bn invested, SVCA celebrates the industry’s achievements VCs and PEs have demonstrated astuteness and confidence in companies that have growth potential in Singapore and Southeast Asia Singapore, October 12, 2017 – The Singapore Venture Capital and Private Equity Association commemorated its 25th Anniversary with awards recognizing Venture Capital and Private Equity firms who have made successful and significant investment deals and exits in 2016. The eighth SVCA Annual Awards was held in conjunction with the association’s gala dinner at the Shangri-La Hotel’s Tower Ballroom. In the spirit of thanksgiving, a charity auction was also held featuring original artworks by talented students and alumni from the Pathlight School. All proceeds from the auction went to the Autism Resource Centre (Singapore), the parent charity of Pathlight School. For the past few years, Southeast Asia has seen an uptrend in startups focusing on technology or delivering value to consumers. Their growth has led to them being attractive investment opportunities for both PE and VC alike, creating a strong investment environment in the region. “For the first 8 months of 2017, private equity in Southeast Asia has seen more than US$7.8bn in investments made by VC, PE, and strategic investors. This figure has already surpassed investments into Southeast Asia for the whole of 2016. Amid volatile economic conditions of the past few years, phenomenal transaction activity this year proves that Southeast Asia remains an attractive destination for venture capital and private equity investment. The SVCA awards recognize investors who have added material value to their portfolio companies to actively contribute towards their success.” Dr Thomas Lanyi, Chairman of SVCA.
    [Show full text]
  • VICI Properties Inc
    Table of Contents Filed Pursuant to Rule 424(b)(3) Registration No. 333-224846 PROSPECTUS 54,054,053 Shares VICI Properties Inc. Common Stock This prospectus relates to the offer and sale from time to time of up to 54,054,053 shares of our common stock by the selling stockholders named in this prospectus or in supplements to this prospectus. The registration of the shares of common stock to which this prospectus relates does not require the selling stockholders to offer or sell those shares. We cannot predict when or in what amounts the selling stockholders may sell any of the shares offered by this prospectus. We are filing the registration statement of which this prospectus is a part pursuant to contractual obligations that exist with the selling stockholders. We are not offering for sale any shares of common stock in the registration statement of which this prospectus is part. We will not receive any proceeds from the sale of our common stock by the selling stockholders, but will incur expenses. The selling stockholders from time to time may offer and sell the shares held by them directly or through underwriters, agents or broker-dealers on terms to be determined at the time of sale, as described in more detail in this prospectus or in a supplement to this prospectus. For more information, see “Plan of Distribution.” Our common stock is listed on The New York Stock Exchange (the “NYSE”) under the symbol “VICI”. On May 9, 2018, the last sale price of our common stock as reported on the NYSE was $18.89 per share.
    [Show full text]
  • Vietnam Forum
    AVCJ PRIVATE EQUITY & VENTURE FORUM 2021 SERIES Global perspective, local opportunity Vietnam Forum May 27, 2021 | 09.00 - 17.00 ICT , Online The 4th annual AVCJ Vietnam Forum will bring together over 350 leading institutional investors, private equity and venture capital professionals, and industry experts from Vietnam and beyond for an in-depth one-day discussion on one of the bright spots in the region. The program will feature a series of panels and keynotes on the current private equity landscape in Vietnam, cross- border opportunities amid the pandemic, the growing venture scene and sectors to watch in the upcoming year. The virtual forum will 350+ 100+ 30+ bring together: Delegates Limited Partners Speakers Co-Sponsors www.avcjforum.com/vietnam #avcjvietnam Vietnam Forum Key features of the immersive virtual pass All of us in the industry are striving to find the new normal to maximise our business capabilities and AVCJ Vietnam Forum is offering a virtual platform to accommodate all your needs. The virtual pass is the ideal solution if you want to access the best content and community in private markets with a special focus on driving interaction and networking connecting you with the people you want to meet. Video Audience Watch Live meetings Interaction Your front row seat to watch Chat and catch-up for a face-to- Our proprietary online platform panel discussions, presentations face video call with your 350+ enables you to take part in live Q&A and fireside chats from thought fellow participants. Promote your sessions and audience polls. Get leaders. fund and services to the people the in-depth answers in real-time.
    [Show full text]
  • Rise of the Hedge Fund Industry
    CHINA INVESTMENT CONFERENCE Jointly hosted by: 2 August 2014, Jumeirah Himalayas Hotel, Shanghai, China RISE OF THE HEDGE FUND INDUSTRY EVENT OVERVIEW Who SHOULD attend? Is the Chinese hedge fund industry ready for prime time? • Chief Executive Officers • Chief Investment Officers Despite a slowing Chinese economy, hedge funds investing in Greater China gained on • Strategists average 20% last year, while the MSCI China index remained flat. Chinese hedge funds are • Portfolio Managers expected to continue to grow as new and greater opportunities emerge from capital market • Corporate Financial Analysts reforms and deregulation activities. • Private Bankers • Investment Banking Analysts The China Investment Conference co-organised by CFA China and CBN offers a comprehensive • Brokers look of Chinese investment landscape—from hedge funds to traditional asset management • Risk Managers funds, and from Chinese economic analysis to a global outlook. Nobel Laureate Myron Scholes • Consultants (proponent of the Black-Scholes Option Pricing Model) and our other distinguished speakers • Research Analysts will discuss major trends, potential opportunities, and risk factors. • Financial Advisors CFA Institute conferences in Asia Pacific are recognized as a leading platform for thought leadership in the investment and finance industry. At our China Investment Conference in Shanghai, world-class experts will provide insights on a turbulent global economy and impart their knowledge on forward-looking investment strategies and the latest developments in the practice of investment management. This is a must-attend event if you want to stay ahead of the game. Register now! MORE INFORMATION http://www.cfainstitute.org/china2014 [email protected] Follow the conference on Sina Weibo #中国投资峰会# SPONSORS: MEDIA SPONSORS: SUPPORTING ORGANISATIONS: CHINA INVESTMENT CONFERENCE 2 August 2014, Jumeirah Himalayas Hotel, Shanghai, China FEATURED SPeaKers Prof.
    [Show full text]