Lipper organiza una jornada sobre asignación de activos y selección de fondos

Qué Lipper Asset Allocation & Fund Manager Selection 2009

“Advances in portfolio construction and skill in fund manager selection” Cuándo Miércoles, 3 de junio Dónde Hotel Hesperia

Paseo Castellana 57, Madrid Programa completo (actualizado)

Inscripciones El evento será gratuito con invitación. Contacto Juan Manuel Vicente. Director de Análisis Lipper: 915858511

Laura González. Responsable comercial: 608 730 579 Lipper y Thomson Reuters celebrarán una conferencia el próximo día 3 de junio en Madrid sobre el tema conjunto de asset allocation y selección de fondos patrocinada por Schroders, Fidelity y BBVA.

La dificultad y la violencia de los movimientos bajistas que se ha experimentado en los mercados financieros en los dos últimos años han puesto de relieve más que nunca la importancia del análisis de los ciclos económicos y el desarrollo de modelos de asset allocation sólidos y capaces de adaptarse a las diferentes condiciones y ciclos de mercado. En los últimos años se han realizado avances significativos en la temática del asset allocation y la construcción de carteras robustas.

Los asistentes a la conferencia disfrutarán de un panel de ponentes de primera línea tanto en el análisis macro con Paul L. Kasriel, economista norteamericano reconocido por su precisión a la hora de estimar indicadores y cambios de ciclo, o Ángel Berges, como en la asignación de activos estratégica y táctica y las últimas técnicas de construcción de carteras de la mano de David King, Alex Homan o Henrik Lumholt.

Durante la tarde el evento estará dedicado en exclusiva a analizar los últimos desarrollos y experiencias en la selección de fondos y gestores, tanto desde un punto de vista cuantitativo como cualitativo, de la mano de varios selectores. Los invitados podrán conocer con detalle el extraordinario desarrollo que "fiduciary" y la excelencia en la selección de gestores ha tenido en el mundo de las pensiones en países pioneros como Holanda y que indudablemente están marcado la tendencia futura en el sector.

La conferencia será educacional y de un elevado nivel técnico, enfocada a selectores de fondos, gestores de fondos de inversión, gestores de fondos de pensiones, analistas y gestores de banca privada e inversores institucionales en general.

Listado y biografía de los ponentes

Henrik Lumholdt dirige el equipo de Estrategia de BBVA Asset Management. Antes de incorporarse a la gestora de fondos del grupo BBVA ha sido asesor estratégico para BBVA & Partners, economista jefe de Bank of America y director de Análisis de FG Inversiones Bursátiles. Es profesor asociado de Economía y Finanzas del Instituto de Empresa y tiene más de 20 años de experiencia en los mercados financieros. Le avala su vasta experiencia analítica y como conferenciante.

Daniel de Fernando, 43, studied at Universidad Pontifica Comillas, where he graduated in Law (1988) and Business Administration (1989). He started his career at J.P.Morgan, which he joined in 1988 and where he stayed until 2002, serving in different assignments in Madrid, New York, London, Paris and Geneva. Most of his career at J.P.Morgan, where he was appointed MD in 1998, was in asset management or private banking, having served, among other things, as fixed income and equity portfolio manager, head of asset management Spain, head of private banking investment management in EMEA and Asia, and head of private banking wealth management in EMEA. While at J.P.Morgan was at different periods member of the several management committees, including JPM Madrid, JPM Suisse, JPM International Bank, Asset Management Services in Europe, Private Banking international, and was a regular attendant of the Global Private Banking management committee.

In 2002 he moved to BBVA, where he has served until recently as Global Head of Asset Management and Private Banking. His responsibilities included the set up of a new domestic private banking operation, recognized by Euromoney as best Spanish Private Bank for 2008; leading the globalization of asset management, with more than USD 150 bn. under management in Spain and LatAm, and where he lead an effort to expand into alternative investments, ETFs and multi-manager; and international private banking, including the supervision of BBVA Suiza, a full fledged Swiss bank with over CHF 6 bn of AuM. While at BBVA he served as member of the group’s Global Business Committee, and at different moments of time of BBVA’s Spain management committee and Global Wholesale Banking management committee.

Currently, he is involved in setting up a new initiative, MdF Family Office, with a reduced group of extremely reputed professionals in the Spanish and Latin American markets, where he will be managing partner. MdF is scheduled to start its activities as of January 1st, 2009.

David King, Head of Multi Asset Quantitative Research Schroders

Promoted to Director in March 2003 and Executive Director in March 2006. Heads a team providing risk analysis and portfolio construction tools as well as providing quantitative research resources. Member of

SIRF Board and Alternative Investments Risk Committee. Joined Schroders in 2000 as an analyst / fund manager in the Quantitative Equity Products team. He joined Schroders from Henderson Investors

(previously AMP Asset Management before the merger in 1998) working in a variety of roles covering quantitative stock screening, asset allocation and portfolio management. Previously held positions at Private Bank and Trust Company and Baring Asset Management. Investment career started in 1989 at WorldInvest working on asset allocation and performance attribution modelling.

MSc and BSc in Mathematics, University of Warwick

Alex Homan, Product Director – Asset Allocation & Active Extension

Anton van Nunen. Since 1998 Anton is the director/owner of Van Nunen & Partners, an advisory company for both institutional and private investors. Assignments have included restructuring of the investment processes at Interpolis Insurance Company, Van Spaendonck Institutional Investment, VGZ-IZA Health Insurance Company, Campina Pension Fund, Yarden Insurance Company, the Doctors Pension Fund Services (AUM € 14 billion), the printing industry’s pension fund ( € 11 billion) and the combined pension funds of Cosun, Aviko and Suiker. Current assignments include the combined Dutch pension funds of Swedish SCA, Telegraaf Media group, industry-wide pension scheme of wholesale and retail, the Prins Bernard Cultuurfonds, ZLTO (farmer’s organisation) and Allianz Global Investors.

After constructing, introducing and implementing a fiduciary structure for the investment department of VGZ-IZA and Campina Pension Fund, he plays a role in monitoring and evaluating fiduciary management at the two institutes. He is an advisor to the investment committees of Tivoli fund and the pension funds of Campina, Provisum (C&A), Arcadis, Cosun/Aviko/Suiker and the industry-wide scheme of wholesale and retail.

Summer 2008 Anton won the European Pensions Award for Personality of the Year

Prior to this, from 1988 to 1992, he set up the research department for Rabobank International and was a director of Institutional Sales of Rabobank International. From 1992 to 1998 he was vice president of Interpolis Insurance Company, responsible for investments. During 2001 and 2002 he provided expert advice in financial affairs for a Dutch court.

Anton received his Ph.D. in macroeconomics and the theory of money, credit and banking at Tilburg University. For 12 years he was an assistant professor at that university and published in the fields of macroeconomics, banking and financial markets. In 2007 he wrote “Fiduciair Management, Een blauwdruk voor een goed bestuur van institutionele beleggers” (Heinen Publishers) and “Fiduciary Management, Blueprint for Pension Fund Excellence (Wiley & Sons, New York). A Japanese edition has been published March 2009 and German edition will follow May 2009.

PAUL L. KASRIEL, Senior Vice President and Director of Economic Research.

Paul joined the economic research unit of The Northern Trust Company in 1986 as Vice President and Economist, being named Senior Vice President and Director of Economic Research in 2000. His economic and interest rate forecasts are used both internally and by clients. The accuracy of the Economic Research Department’s forecasts has consistently been highly-ranked in the Blue Chip survey of about 50 forecasters over the years. To that point, Paul received the prestigious 2006 Lawrence R. Klein Award for having the most accurate economic forecast among the Blue Chip survey participants for the years 2002 through 2005. The accuracy of Paul’s 2008 economic forecast was ranked in the top five of The Wall Street Journal survey panel of economists. In January 2009, The Wall Street Journal and Forbes cited Paul as one of the few who identified early on the formation of the housing bubble and foresaw the economic and financial market havoc that would ensue after the bubble inevitably burst. Through written commentaries containing his straightforward and often nonconsensus analysis of economic and financial market issues, Paul has developed a loyal following in the financial community. The Northern’s economic website was listed as one of the top ten most interesting by The Wall Street Journal. Paul is the co-author of a book entitled Seven Indicators That Move Markets.

Paul began his career as a research economist at the Federal Reserve Bank of Chicago. He has taught courses in finance at the DePaul University Kellstadt Graduate School of Business and at the Northwestern University Kellogg Graduate School of Management. Paul serves on the Economic Advisory Committee of the American Bankers Association.

Alex joined Fidelity in 1996 as an equity analyst. Since 2004, he has been heavily involved in the development of Fidelity’s range ofAsset Allocation & Active Extension products, including both directional and nondirectional equity disciplines. Alex and his team are responsible for maintaining all aspects of Fidelity’s currentAsset Allocation & Active Extension offerings, and also for future strategic development ofboth product ranges.