Alan Harmer has over 30 years of experience in capital markets across roles in banking, broking, and funds management. He has managed portfolios globally with consistent outperformance, including adding over 15% value annually to Australian shares. His career includes senior positions at Maxxim Pty Ltd, Macquarie Bank, and Al Bank al Saudi al Fransi. He holds a Master's degree in financial planning and has developed proprietary investment software.
The UK Angel Movement - Kit Hunter Gordon Seraphim Capital Stanford May1809Burton Lee
The document provides background on Kit Hunter Gordon, chairman of Seraphim Capital, a £30 million angel-led early stage fund in the UK. It summarizes Gordon's experience founding Seraphim Capital and The Summit Group. It then provides details on Seraphim Capital's structure and investment strategy, focusing on its network of partners and portfolio of seven companies invested in to date. Finally, it analyzes trends in the UK angel market, including increasing syndication and co-investment alongside VCs.
The document provides an overview of MFS Investment Management, a global asset management firm, and their Global Total Return Fund. Some key points:
- MFS has over $425 billion in total assets under management across global equities, fixed income, and multi-strategy funds.
- Their collaborative research platform includes over 90 analysts covering global sectors and integrating equity and credit research.
- The Global Total Return Fund seeks to provide long-term capital appreciation and income by investing globally in stocks, bonds, and other securities using strategic asset allocation across asset classes. The mix is designed for moderate risk and competitive risk-adjusted returns.
Objective Capital's Africa Resources Investment Congress 2011
Ironmongers' Hall, City of London
14-15 June 2011
Day 1: Africa Resources
Speaker: John Cumming, Merrex Gold
This document provides an overview of Cygnus Asset Management, an investment firm that manages approximately €500 million across various strategies focused on European utilities, infrastructure, and renewables. It describes Cygnus' investment approaches, including its long/short equity strategy for utilities and related sectors, and event-driven strategy. Performance data is presented showing the strategies' returns and risk profiles since inception.
Kasbah Resources Limited is an emerging tin producer with two tin assets in Morocco. It has $28.5 million in cash and is funded to advance its flagship Achmmach tin project through a definitive feasibility study by the end of 2013. Kasbah also has exploration upside at its 100%-owned Bou El Jaj project located 15km from Achmmach. Toyota Tsusho Corporation can earn a 20% interest in Achmmach by making staged payments totaling $16 million and signing a joint venture agreement.
The Applied Investment Management (AIM) program at Marquette University provides undergraduate students with the opportunity to integrate financial principles, internships, and hands-on investment experiences. It was the first undergraduate program to become a CFA Institute Educational Program Partner. The AIM program has a 100% internship and job placement rate and high CFA Level I exam pass rates. Students manage real money portfolios and have access to an on-campus research room modeled after industry standards. The program also has an international track.
Thiet ke Bao cao thuong nien - Vietcapital 2009Viết Nội Dung
The document discusses the Vietnam economy and equity market in 2009, noting that while the economy experienced its lowest growth in years due to the global downturn, timely government stimulus measures helped boost real GDP growth to 5.3% for the year. Aggressive monetary policies in the form of interest rate cuts and credit expansion helped fuel a V-shaped recovery in the stock market. However, unexpected tightening of monetary policy in late 2009 led to liquidity shortages and challenges for businesses in accessing capital at affordable rates.
This document provides an overview of Mirabaud Group, an asset management firm with CHF 32.8 billion in assets under management. It has 14 offices worldwide and manages 28 funds through 12 portfolio management teams. The document focuses on Mirabaud's Spanish equities strategy, which has CHF 400 million in assets. It describes the investment process, current portfolio positioning and holdings, performance history, and fund details. The portfolio managers, Gemma Hurtado San Leandro and Emilio Barberá Pegueró, are also introduced.
The UK Angel Movement - Kit Hunter Gordon Seraphim Capital Stanford May1809Burton Lee
The document provides background on Kit Hunter Gordon, chairman of Seraphim Capital, a £30 million angel-led early stage fund in the UK. It summarizes Gordon's experience founding Seraphim Capital and The Summit Group. It then provides details on Seraphim Capital's structure and investment strategy, focusing on its network of partners and portfolio of seven companies invested in to date. Finally, it analyzes trends in the UK angel market, including increasing syndication and co-investment alongside VCs.
The document provides an overview of MFS Investment Management, a global asset management firm, and their Global Total Return Fund. Some key points:
- MFS has over $425 billion in total assets under management across global equities, fixed income, and multi-strategy funds.
- Their collaborative research platform includes over 90 analysts covering global sectors and integrating equity and credit research.
- The Global Total Return Fund seeks to provide long-term capital appreciation and income by investing globally in stocks, bonds, and other securities using strategic asset allocation across asset classes. The mix is designed for moderate risk and competitive risk-adjusted returns.
Objective Capital's Africa Resources Investment Congress 2011
Ironmongers' Hall, City of London
14-15 June 2011
Day 1: Africa Resources
Speaker: John Cumming, Merrex Gold
This document provides an overview of Cygnus Asset Management, an investment firm that manages approximately €500 million across various strategies focused on European utilities, infrastructure, and renewables. It describes Cygnus' investment approaches, including its long/short equity strategy for utilities and related sectors, and event-driven strategy. Performance data is presented showing the strategies' returns and risk profiles since inception.
Kasbah Resources Limited is an emerging tin producer with two tin assets in Morocco. It has $28.5 million in cash and is funded to advance its flagship Achmmach tin project through a definitive feasibility study by the end of 2013. Kasbah also has exploration upside at its 100%-owned Bou El Jaj project located 15km from Achmmach. Toyota Tsusho Corporation can earn a 20% interest in Achmmach by making staged payments totaling $16 million and signing a joint venture agreement.
The Applied Investment Management (AIM) program at Marquette University provides undergraduate students with the opportunity to integrate financial principles, internships, and hands-on investment experiences. It was the first undergraduate program to become a CFA Institute Educational Program Partner. The AIM program has a 100% internship and job placement rate and high CFA Level I exam pass rates. Students manage real money portfolios and have access to an on-campus research room modeled after industry standards. The program also has an international track.
Thiet ke Bao cao thuong nien - Vietcapital 2009Viết Nội Dung
The document discusses the Vietnam economy and equity market in 2009, noting that while the economy experienced its lowest growth in years due to the global downturn, timely government stimulus measures helped boost real GDP growth to 5.3% for the year. Aggressive monetary policies in the form of interest rate cuts and credit expansion helped fuel a V-shaped recovery in the stock market. However, unexpected tightening of monetary policy in late 2009 led to liquidity shortages and challenges for businesses in accessing capital at affordable rates.
This document provides an overview of Mirabaud Group, an asset management firm with CHF 32.8 billion in assets under management. It has 14 offices worldwide and manages 28 funds through 12 portfolio management teams. The document focuses on Mirabaud's Spanish equities strategy, which has CHF 400 million in assets. It describes the investment process, current portfolio positioning and holdings, performance history, and fund details. The portfolio managers, Gemma Hurtado San Leandro and Emilio Barberá Pegueró, are also introduced.
Frank Caccio has over 30 years of experience in hedge fund operations management. He has held senior operations roles at several large hedge funds, including Tiger Management and Highbridge Capital, where he helped build operational infrastructure as assets under management grew substantially. Caccio also has experience launching start-up hedge funds and establishing necessary operational controls, procedures, and support.
This document provides an overview of the Threadneedle European Corporate Bond Fund managed by Columbia Threadneedle Investments. It discusses the firm's fixed income credentials, investment philosophy, team and process. Columbia Threadneedle has over €174 billion in fixed income assets under management across equities, fixed income, alternatives and asset allocation. It employs an active approach to investing and focuses on issuer and security selection to achieve strong risk-adjusted returns. The investment grade credit team utilizes rigorous fundamental research and a collaborative culture to generate ideas and construct high-quality, diversified portfolios.
The document is a resume for Michael Reynolds, an experienced derivatives trader who holds an MBA and has worked in commodity futures, fixed income, and energy markets trading roles over the past decade and a half, developing systematic trading models and managing proprietary trading desks. He is interested in physical and financial commodity market roles that allow him to focus on absolute returns through relative value and volatility trading.
This document provides an interim report for the UK Leveraged and Diversified Large Cap Alpha Fund. It discusses the fund's investment thesis, team, objectives, strategy, holdings and performance between February and March 2013. Some key themes that emerged were growth in the UK, Eurozone and US economies, the impact of central bank monetary policy, ongoing deleveraging, and positive fund flows indicating a secular bull market. Potential risks discussed included a UK credit downgrade, the Italian election, and a possible UK triple-dip recession. Going forward, the report remains optimistic given themes indicating positive equity market opportunities.
The document summarizes a global macro hedge fund called Zaratan Capital. It provides an overview of the firm, management team, and investment process. Some key points:
- Zaratan Capital utilizes a global macro strategy to take advantage of trends across rates, currencies, commodities, and equity markets globally using liquid derivatives.
- The investment team has over 75 years of combined experience in finance and has worked together for over a decade. They implement a process focused on macro theme identification, trade construction, portfolio construction, and risk management.
- Past performance shows the strategy has achieved positive returns with low volatility and the ability to withstand market drawdowns when employed by team members previously. The fund aims to provide
Thomas Chevrier has extensive experience in finance and academia. He worked as the APAC Head for State Street Associates, where he built a successful research team in Asia and delivered valuable insights to clients. He also taught portfolio management as an adjunct professor at Chicago Booth and conducted research as a PhD student. Currently, he resides in Tokyo and maintains an online research profile.
The document provides 10 tips for investing:
1) Focus on asset allocation over selecting individual funds or shares.
2) Define clear investment goals and understand your risk tolerance.
3) Be aware of fees and costs which can significantly impact returns.
4) Most actively managed funds do not outperform their benchmarks due to high costs, so index funds are generally better.
5) Avoid following the crowd and buying high after markets rise or selling low when they fall.
6) Diversify across different types of investments to reduce risk.
7) Different markets will perform differently so a balanced portfolio is important.
8) Stay invested for the long term to benefit from
Charles Krueger is a hedge fund portfolio manager with over 25 years of experience in global markets, volatility arbitrage, risk management, and hedge fund development. He currently manages the equities and derivatives trading for a $700 million multi-strategy hedge fund. Previously he was a sales consultant and hedge fund manager focused on volatility arbitrage. Krueger has also held senior trading and risk management roles for several investment firms in Australia, Switzerland, and New York. He has an MBA from UCLA and is fluent in English, French and Russian.
Kasbah Resources Limited is an emerging tin producer that owns the Achmmach tin project in Morocco. The company recently updated its resource estimate for Achmmach to 130,900 tonnes of contained tin. Kasbah is advancing the Achmmach project with a definitive feasibility study scheduled for completion in the fourth quarter of 2013. Exploration is also underway to evaluate additional targets near Achmmach that could provide further resource growth. With a strong cash position and development partner Toyota Tsusho, Kasbah is well positioned to become a sustainable tin producer.
This document is a resume for Devin Q. Keys, an environment and prop artist. Their specializations include level design through UVW mapping and modeling realistic props for diverse environments. They also specialize in texturing through creating realistic materials for architecture, structures and terrains. Additional skills include next-gen modeling, high-poly modeling from low-poly geometry, lighting, and composition. Contact information and links to demo reels and professional profiles are provided.
This document appears to be a catalog listing various clothing items available for purchase across different seasons from January 2011 through May 2011. For each month, outfits are presented with various tops, dresses, skirts, and swimwear displayed and described in terms of their materials, colors, and prints. Key items include dresses, tops, skirts, and swimwear made from materials like silk, linen, chiffon, and cotton in various hues and patterns inspired by the sea, resorts, and nature.
This document appears to be notes from a VP of Product Management at Meniga. It includes links to various websites, numbers projecting user growth for Meniga from 6 million users in 2013 to 30 million users in 2015, and the VP's social media profiles. There is also a statement that says "Your barn is ugly!" and questions about whether something can be designed that people don't understand. Overall, the document seems to cover various topics but does not provide much context or narrative.
Why we have pets…copyright funnypostcards.comconallandorla
Pets provide many benefits to their owners such as helping around the house, protecting children, and providing companionship. They can help relax their owners and keep them entertained, as well as boosting their mood when they are feeling down. Pets also decorate for holidays, show patriotism, and know how to make their owners laugh.
Journalists have traditionally played three roles - essayist, spectator, and register - but these roles are blurring in the contemporary media landscape. Many bloggers now take on journalistic roles through commentary and reporting. While anyone can provide information online, journalists uphold three core values - authenticity, accountability, and autonomy. They earn trust by regularly providing credible information and maintaining these ethical standards in their work.
Rundown of a few essential tools in the Webmasters toolbox. Covers most areas of the project life cycle from planning, execution to governance. plust a little bit of email marketing.
Presented at the Iceland 2008 Web Awards.
Note: all slides are in Icelandic at the moment.
Feng Shui is a Chinese philosophy that aims to balance yin and yang energies in a home or office to promote harmony. It recognizes five elements - wood, fire, earth, metal, and water - that are arranged in productive and destructive cycles to maintain equilibrium. The document provides tips for proper Feng Shui in kitchens, living rooms, and bedrooms, such as not placing the stove between the sink and refrigerator in the kitchen or having the bed face the door in the bedroom.
This document discusses the nude photo scandal involving Australian model Lara Bingle. It provides background on the key events, including Bingle planning to sue Brendan Fevola over the photo and Fevola claiming the photo was on a lost phone. The document then examines issues around privacy, media ethics, defamation law and the standards of the MEAA and Australian Press Council. It notes Woman's Day ultimately paid Bingle $200,000 for her interview.
Feng Shui is a Chinese philosophy that aims to balance yin and yang energies in a home or office to promote harmony. It recognizes five elements - wood, fire, earth, metal, and water - that are arranged in productive and destructive cycles to maintain equilibrium. Specific guidelines are provided for optimally arranging items in the kitchen, living room, and bedroom according to Feng Shui principles.
Public library social media policy #osm11michaelstead
Presentation delivered at Bodleian Libraries' Oxford Social Media Day 2011 on Thursday 8 September 2011.
All statements represent the author's own opinion and don't represent the views of any organisation with which he is affiliated.
Frank Caccio has over 30 years of experience in hedge fund operations management. He has held senior operations roles at several large hedge funds, including Tiger Management and Highbridge Capital, where he helped build operational infrastructure as assets under management grew substantially. Caccio also has experience launching start-up hedge funds and establishing necessary operational controls, procedures, and support.
This document provides an overview of the Threadneedle European Corporate Bond Fund managed by Columbia Threadneedle Investments. It discusses the firm's fixed income credentials, investment philosophy, team and process. Columbia Threadneedle has over €174 billion in fixed income assets under management across equities, fixed income, alternatives and asset allocation. It employs an active approach to investing and focuses on issuer and security selection to achieve strong risk-adjusted returns. The investment grade credit team utilizes rigorous fundamental research and a collaborative culture to generate ideas and construct high-quality, diversified portfolios.
The document is a resume for Michael Reynolds, an experienced derivatives trader who holds an MBA and has worked in commodity futures, fixed income, and energy markets trading roles over the past decade and a half, developing systematic trading models and managing proprietary trading desks. He is interested in physical and financial commodity market roles that allow him to focus on absolute returns through relative value and volatility trading.
This document provides an interim report for the UK Leveraged and Diversified Large Cap Alpha Fund. It discusses the fund's investment thesis, team, objectives, strategy, holdings and performance between February and March 2013. Some key themes that emerged were growth in the UK, Eurozone and US economies, the impact of central bank monetary policy, ongoing deleveraging, and positive fund flows indicating a secular bull market. Potential risks discussed included a UK credit downgrade, the Italian election, and a possible UK triple-dip recession. Going forward, the report remains optimistic given themes indicating positive equity market opportunities.
The document summarizes a global macro hedge fund called Zaratan Capital. It provides an overview of the firm, management team, and investment process. Some key points:
- Zaratan Capital utilizes a global macro strategy to take advantage of trends across rates, currencies, commodities, and equity markets globally using liquid derivatives.
- The investment team has over 75 years of combined experience in finance and has worked together for over a decade. They implement a process focused on macro theme identification, trade construction, portfolio construction, and risk management.
- Past performance shows the strategy has achieved positive returns with low volatility and the ability to withstand market drawdowns when employed by team members previously. The fund aims to provide
Thomas Chevrier has extensive experience in finance and academia. He worked as the APAC Head for State Street Associates, where he built a successful research team in Asia and delivered valuable insights to clients. He also taught portfolio management as an adjunct professor at Chicago Booth and conducted research as a PhD student. Currently, he resides in Tokyo and maintains an online research profile.
The document provides 10 tips for investing:
1) Focus on asset allocation over selecting individual funds or shares.
2) Define clear investment goals and understand your risk tolerance.
3) Be aware of fees and costs which can significantly impact returns.
4) Most actively managed funds do not outperform their benchmarks due to high costs, so index funds are generally better.
5) Avoid following the crowd and buying high after markets rise or selling low when they fall.
6) Diversify across different types of investments to reduce risk.
7) Different markets will perform differently so a balanced portfolio is important.
8) Stay invested for the long term to benefit from
Charles Krueger is a hedge fund portfolio manager with over 25 years of experience in global markets, volatility arbitrage, risk management, and hedge fund development. He currently manages the equities and derivatives trading for a $700 million multi-strategy hedge fund. Previously he was a sales consultant and hedge fund manager focused on volatility arbitrage. Krueger has also held senior trading and risk management roles for several investment firms in Australia, Switzerland, and New York. He has an MBA from UCLA and is fluent in English, French and Russian.
Kasbah Resources Limited is an emerging tin producer that owns the Achmmach tin project in Morocco. The company recently updated its resource estimate for Achmmach to 130,900 tonnes of contained tin. Kasbah is advancing the Achmmach project with a definitive feasibility study scheduled for completion in the fourth quarter of 2013. Exploration is also underway to evaluate additional targets near Achmmach that could provide further resource growth. With a strong cash position and development partner Toyota Tsusho, Kasbah is well positioned to become a sustainable tin producer.
This document is a resume for Devin Q. Keys, an environment and prop artist. Their specializations include level design through UVW mapping and modeling realistic props for diverse environments. They also specialize in texturing through creating realistic materials for architecture, structures and terrains. Additional skills include next-gen modeling, high-poly modeling from low-poly geometry, lighting, and composition. Contact information and links to demo reels and professional profiles are provided.
This document appears to be a catalog listing various clothing items available for purchase across different seasons from January 2011 through May 2011. For each month, outfits are presented with various tops, dresses, skirts, and swimwear displayed and described in terms of their materials, colors, and prints. Key items include dresses, tops, skirts, and swimwear made from materials like silk, linen, chiffon, and cotton in various hues and patterns inspired by the sea, resorts, and nature.
This document appears to be notes from a VP of Product Management at Meniga. It includes links to various websites, numbers projecting user growth for Meniga from 6 million users in 2013 to 30 million users in 2015, and the VP's social media profiles. There is also a statement that says "Your barn is ugly!" and questions about whether something can be designed that people don't understand. Overall, the document seems to cover various topics but does not provide much context or narrative.
Why we have pets…copyright funnypostcards.comconallandorla
Pets provide many benefits to their owners such as helping around the house, protecting children, and providing companionship. They can help relax their owners and keep them entertained, as well as boosting their mood when they are feeling down. Pets also decorate for holidays, show patriotism, and know how to make their owners laugh.
Journalists have traditionally played three roles - essayist, spectator, and register - but these roles are blurring in the contemporary media landscape. Many bloggers now take on journalistic roles through commentary and reporting. While anyone can provide information online, journalists uphold three core values - authenticity, accountability, and autonomy. They earn trust by regularly providing credible information and maintaining these ethical standards in their work.
Rundown of a few essential tools in the Webmasters toolbox. Covers most areas of the project life cycle from planning, execution to governance. plust a little bit of email marketing.
Presented at the Iceland 2008 Web Awards.
Note: all slides are in Icelandic at the moment.
Feng Shui is a Chinese philosophy that aims to balance yin and yang energies in a home or office to promote harmony. It recognizes five elements - wood, fire, earth, metal, and water - that are arranged in productive and destructive cycles to maintain equilibrium. The document provides tips for proper Feng Shui in kitchens, living rooms, and bedrooms, such as not placing the stove between the sink and refrigerator in the kitchen or having the bed face the door in the bedroom.
This document discusses the nude photo scandal involving Australian model Lara Bingle. It provides background on the key events, including Bingle planning to sue Brendan Fevola over the photo and Fevola claiming the photo was on a lost phone. The document then examines issues around privacy, media ethics, defamation law and the standards of the MEAA and Australian Press Council. It notes Woman's Day ultimately paid Bingle $200,000 for her interview.
Feng Shui is a Chinese philosophy that aims to balance yin and yang energies in a home or office to promote harmony. It recognizes five elements - wood, fire, earth, metal, and water - that are arranged in productive and destructive cycles to maintain equilibrium. Specific guidelines are provided for optimally arranging items in the kitchen, living room, and bedroom according to Feng Shui principles.
Public library social media policy #osm11michaelstead
Presentation delivered at Bodleian Libraries' Oxford Social Media Day 2011 on Thursday 8 September 2011.
All statements represent the author's own opinion and don't represent the views of any organisation with which he is affiliated.
Guarding the Social Gates: The Imperative for Social Media Risk ManagementUzzi Ohana
Social media is the modern Pandora’s box: it has had a meteoric rise as a tool to interact and engage with customers, but also a dark underside exposing companies to new types of risk. Almost two-thirds of companies surveyed say that social media is a significant or critical risk to their brand reputation, yet 60% of companies either never train their employees about their corporate social media policies or do so only upon hiring. Moreover, 43% of companies have less then one full-time equivalent (FTE) dedicated to managing social media risk.
Este documento presenta 15 criterios clave para el diseño y construcción de pavimentos, incluyendo: 1) el diseño integral y aprovechamiento de infraestructura existente, 2) el diseño para nuevos vehículos, 3) el uso de concretos de alta resistencia, 4) el diseño para una vida útil mayor, 5) la confiabilidad del diseño, 6) el daño causado por vehículos pesados, 7) la modulación de las losas, 8) el diseño y construcción de juntas, 9) la adherencia superficial, 10) la constru
The document discusses the history and modern methods of wine transportation. It describes how wine was transported in ancient Roman times using clay amphorae and later barrels during the Middle Ages. Modern transportation involves shipping wine by container, rail, or tanker truck. The largest challenges are controlling temperature fluctuations during transport which can cause chemical and quality changes to the wine. Various methods are discussed to help maintain temperature control including refrigerated containers, insulation blankets, and space blankets.
The document is composed primarily of unreadable characters and symbols. It references some software terms like "Base de datos de Microsoft Works C o m p O b j" and "MSWorksDBDoc" but does not provide any clear information or narrative.
The document is composed primarily of unreadable characters and symbols. It appears to be corrupted or in an unknown file format. No meaningful summary can be extracted.
Breaking the boundaries in user interface design and simplifying personal finance management.
Slides from my talk at NordiCHI 2010 in Reykjavík ICeland
Ilse van Beulen has over 15 years of experience in IT roles including as an IT Continuity Manager, Systems Analyst, and Programmer. She holds a Masters degree in Information Systems and is responsible for managing disaster recovery, business continuity planning, and risk management at her current employer, Sanlam. Her expertise includes developing technical specifications, managing teams, and ensuring the continuity of critical IT systems and business operations.
The document summarizes several investment funds managed by Efficient Select, a division of the Efficient Group. The Efficient Equity Fund invests in South African equities using a growth at a reasonable price strategy. Its top holdings include BHP Billiton and Clicks. The Efficient Property Fund focuses on income and capital growth from South African real estate companies. The Efficient Active Allocation Fund provides global diversification by investing at least 50% offshore.
Trish Johnson Sparrow has over 30 years of experience in finance, treasury, risk management, and corporate governance roles. She currently works as the Business Services Manager at Eskom Holdings, where she oversees functions like power exchange settlements, audit and compliance, and quality management. Previously, she held treasury positions at Palabora Mining Company and Louis Dreyfus Africa, and worked as a risk consultant for Gworx Risk Management. She has extensive experience in financial reporting, regulatory compliance, and developing risk management frameworks. Trish has a MBA from Henley Business School and professional qualifications in company secretarial practice, accounting, and treasury management.
This document provides an overview of Efficient Group's boutique investment offerings, including:
1. Efficient Select, which manages single manager, multi-manager, and private client boutiques. Funds under management total $3 billion across various strategies.
2. Key investment funds offered by Efficient Select's single manager boutique, including the Efficient Equity Fund and Efficient Property Fund.
3. Efficient Select's multi-manager boutique employs a process of manager and fund diversification to reduce risk. It offers portfolios with various risk profiles.
4. Efficient International FoF, a global fund of funds with a 79% allocation to equities and the remainder across real
This document provides an overview of the Denker Capital investment team, their positioning and performance of the SIM Global Emerging Markets Fund, and arguments for investing in emerging markets. The key points are:
1) Denker Capital is an independent asset manager established in 2015 with an experienced investment team. The SIM Global Emerging Markets Fund is co-managed by Neal Smith and Richard Shepherd.
2) The fund is positioned with over half of assets in Asia and outperforms its benchmark over 1-year, 2-year and since inception periods. Top holdings include Alibaba, Samsung Electronics and Sberbank.
3) Emerging markets offer long-term growth opportunities due to underrepresentation
Efficient Market Advisors, LLC is an SEC-registered investment advisory firm that constructs ETF-based portfolios for high net worth clients. The firm has been managing ETF portfolios since 2004 and believes ETFs offer low-cost, tax efficient exposure to global markets. EMA utilizes strategic and tactical asset allocation to develop 15 portfolio models of varying risk levels and time horizons. The portfolios are rebalanced periodically to maintain targets. Performance has outperformed benchmarks, with top awards from Informa Investment Solutions.
The document describes Emerald Asset Advisors, an investment management firm that offers alternative portfolio strategies using mutual funds and ETFs. It summarizes three core investment disciplines:
1) A hybrid strategy seeking absolute returns regardless of market conditions.
2) A concentrated equity strategy generating "alpha" through funds with limited holdings.
3) A global cycle strategy identifying long-term global investment themes over decades.
The firm develops diversified portfolios blending these disciplines for different risk/return profiles and pursuing returns with low correlations to markets.
AGF Management Limited is a Canadian investment management company established in 1957 with $31.1 billion in total assets under management as of August 31, 2004. The company has four main business segments: investment management, AGF Trust, fund administration, and Unisen. AGF aims to reinforce investment management excellence, build a client-centric organization focused on multi-channel distribution, pursue strategic acquisitions, and undertake disciplined review of support entities. Recent financial results show revenue up 13.4% and net income up 55.5% year-to-date in 2004.
This document provides biographies of three key individuals at Fairtree Capital:
1. Andre Malan, the Chairman of Fairtree Capital, has over 20 years of asset management experience including founding the Fairtree Market Neutral Fund in 2003.
2. Kobus Nel, the CEO of Fairtree Capital, has experience in corporate finance and was instrumental in the management buyout of the Fairtree Market Neutral Fund in 2006. He is also a co-fund manager of several Fairtree funds.
3. Bradley Anthony is the CIO of Fairtree Capital and has over 20 years of experience in financial roles including positions at several large financial institutions. He is responsible for investment processes at Fairtree.
The document provides 10 tips for investing:
1) Focus on asset allocation over selecting individual funds or shares.
2) Define clear investment goals and understand your risk tolerance.
3) Be aware of fees and costs which can significantly impact returns.
4) Most actively managed funds do not outperform their benchmarks due to high costs, so index funds are generally better.
5) Avoid following the crowd and buying high after markets rise or selling low when they fall.
6) Diversify across different types of investments to reduce risk.
7) Different markets will perform differently so a balanced portfolio is important.
8) Stay invested for the long term to benefit from
Atlas Capital Advisors LLC is an investment firm founded in 2003 managing $125 million in assets. The firm uses a value and momentum-based strategy investing in U.S. and international equities using ETFs and individual stocks. The strategy aims to outperform the S&P 500 index over the long run through a low cost approach. Performance since 2004 has exceeded the S&P 500 in most years with a maximum dispersion of 8.6% between client portfolios.
Richard Barrett is an experienced investment professional with over 25 years of experience managing portfolios for institutional clients. He has expertise across asset classes including US equities, fixed income, and high-yield/distressed credit. Barrett's experience includes roles as Chief Investment Officer for a single family office, Vice President at Wellington Management Company, and founding partner of his own hedge fund. He currently works as an independent investment consultant.
Asset Allocation Client Portfolio Manager
Research & Strategy Adrian Jarvis*
Head of Research: Hassan Johaadien*
Helge Kostka
Research Analysts: Fund Managers
Equities
Fixed Income
Currencies
Commodities
Economics
Quantitative Analysis
*Key decision makers
Source: Aviva Investors as at 31 December 2009
The team is supported by over 50 investment professionals globally
Dedicated research analysts provide daily input to the process
Specialist trading and operations teams implement decisions efficiently
A large and experienced team supports the decision making process
A large and experienced team supports the decision making process
The document describes two dynamic portfolio strategies - the Dynamic Asset Strategy (DAS) and Dynamic Income Strategy (DIS) offered by Parker/Hunter Asset Management. The strategies use exchange-traded products to dynamically allocate across global asset classes based on macroeconomic conditions, seeking competitive returns with lower volatility than the overall markets. Both strategies typically hold 10-20 positions across stocks, bonds, commodities and alternatives, with no single position over 25% of the portfolio. The DAS focuses on capital growth while the DIS emphasizes current income.
Cal pers emerging manager program 022613Chand Sooran
CalPERS outlined plans to increase investments with emerging and diverse managers over the next five years. The plan focuses on six work streams around portfolio management and four around external outreach. Currently, CalPERS has $10 billion invested with over 300 emerging managers, representing 12% of externally managed assets. Another $3 billion is invested with over 80 diverse managers. The plan aims to improve performance tracking, increase commitments to emerging manager programs, and strengthen relationships with stakeholder organizations.
Saxo Asset Allocation for February 2011Trading Floor
Our Asset Allocation Model maintains its “Moderately Bullish” stance even though the
Global Business Cycle Momentum Indicator decelerated in January. The model suggests
big positions in equities and bonds
The document summarizes the keynote speech given at the Presidential & Key Executive Forum on September 24th 2011. The speech discussed the evolution of economics from a fossil fuel base to a bio and renewable base, and the need for countries to strategically transition their agricultural, forest and aquaculture industries. It also touched on the growth of the global tourism industry and its contribution to the world economy. Lastly, it mentioned the formation of the ASEAN Economic Community and its role as the largest integrated single market.
INDEV308 Class 4 - Identifying Business Potential - Serge LeVert-Chiasson, Sa...Social Entrepreneurship
Sarona Asset Management is assessing two potential investment opportunities - Agro Capital Management (ACM) of Ukraine and Mobile Transactions Zambia (MTZ). ACM provides financing to smallholder farmers in Ukraine for agricultural packages to improve incomes. It has over 1000 clients today. MTZ provides mobile money transfer and payment services in Zambia's informal economy. While it has an innovative business model, it is still working to become profitable, with net income turning positive projected in 2017. Sarona's due diligence process involves comprehensive analysis of the product, market, operating model, management team, and financials to evaluate business potential and risks.
Michael Fox-Rabinovitz is an investment management executive with over 25 years of global experience in portfolio construction, asset allocation, investment analysis, and risk management. He has worked for major financial institutions like Enron, PricewaterhouseCoopers, Citigroup, and MGN Group in various portfolio management and leadership roles. Through his diverse international career, he has developed skills in understanding different cultural approaches to business and considering global implications when making decisions.
1. RESUME
ALAN MURRAY HARMER
e-mail luseq2@gmail.com
PROFILE
A senior executive with extensive experience in capital markets in banking, broking and funds
management. Roles have been a mixture of research, management and marketing and have
included postings in Sydney, New York, London, Tokyo, Paris Riyadh and Mauritius. Has
managed portfolios of international equities, property, fixed interest and forex with consistent, top
quartile performance. Extensive experience in financial planning and advice (has Masters of
Commerce in Financial Planning – distinction average). Strong leadership and people skills.
CAREER HISTORY
2004 – 2010 Chief Executive Officer
Maxxim Pty Ltd – Melbourne
2002-2004 Research Manager/ Chairman of Investment Committee
Macquarie Financial Services - Sydney
1999-2001 Head of Asset Management
Al Bank al Saudi al Fransi/Credit Agricole – Paris/Riyadh
EDUCATION
1998-2005 Master of Commerce (financial planning) - distinction average
UWS
1987 Supervisory Analyst (corporate law/investment theory)
US SEC/ Columbia University
1979-1980 Master of Business Administration – credit average
University of Adelaide
1969-1972 Bachelor of Economics
University of Adelaide
OTHER RELEVANT INFORMATION
Member Saudi central bank investment committee
Member of the advisory panel for the accreditation program for the Institute of
Banking
Former Chairman Australian Business Economists
Have developed proprietary software for each of the equity, fixed interest and forex
markets
Former lecturer with the Australian Institute of Management
Alan Harmer – Resume Page 1
2. PROFESSIONAL EXPEREINCE
MAXXIM PTY LTD
Chief Executive Officer Oct 2004 to MAY 2010
Maxxim is an equities manager based in Melbourne, with branches in Mauritius and Malta.
Maxxim has a quant process that blends behavioural finance and traditional valuation techniques
to select stocks. It has a proprietary valuation approach based on normalised free cash flow and a
behavioural finance model that encompasses earnings and price momentum. Its core competence
is in Australian, US and Asian equities.
• October 2004 Maxxim started
• May 2005 started managing retail mandates with Segue, a financial planning practice
based in Melbourne, focusing on retirement planning and self managed superannuation
funds. Its emphasis on client service has enabled it to provide benefits not readily
available in mainstream financial services.
• June 2007 – retail mandates reached $A100m.
• January 2008 – began a joint venture with US interests to establish an East Coast hedge
fund
• April 2008 - signed a joint venture with a local Australian bank to distribute its products to
wholesale mandates – seed capital $10m
• August 2008 – initiated discussions with a major Middle Eastern bank to distribute
Shariah-compliant and traditional funds to high net worth mandates – retail funds $3b
• June 2009 – signed a joint venture with a Mauritian bank to distribute its products to
wholesale mandates in Africa and Europe – retail funds $23m
My responsibilities include:
• Discretionary management of client portfolios
• Monitoring the performance of client investments
• Research into local and international equities
• Education of existing clients and marketing to prospective clients
Achievements
Strong value added across most asset classes
Over the 3 years to December 2008 added 16% pa of value in Australian shares, and
21%p.a. in US equities (source Actuarial Solutions, Bloomberg)
Lipper awards for best manager of Saudi and GCC stocks in 2008 – alpha 18%
Since September 2009 added 32% of value to a portfolio of global shares with a
maximum drawdown of 7% (source FSC, Lipper)
Alan Harmer – Resume Page 2
3. MACQUARIE BANK LIMITED
Senior Research Consultant / Chairman of Investment Committee
Jun 2002 to Jun 2004
Macquarie is an international investment bank, with a market capitalisation (then) of just under
AUD35 billion. The Financial Services Group (FSG) is dedicated to the distribution of financial
services, including managed funds; full service stock broking; financial planning; private
banking; margin lending and structured products. FSG had 300 retail brokers and 100 advisers in
wealth management and the private bank.
My responsibilities have included:
• Research, recommendation and review of managed funds for the Approved List and the
model portfolio
• Analysis of institutional research of listed equities for retail distribution
• Liaison with other divisions for pre-screening of Macquarie products being considered for
retail distribution
• Divisional representative on internal committees such as superannuation, investment
management and private equity
• Chairman of Investment Committee
Achievements
Complete an authoritative review of all asset classes, leading to a 40% increase in
funds under management
Training and coaching of staff in managing review process, leading to increased
productivity
Substantial and consistent out-performance of the model portfolio by 11.7% pa for
Australian equities and 26% pa for international equities in 2002 and 2003.
AL BANK AL SAUDI AL FRANSI (BSF)
Head of Asset Management Jun 1999 to Jun 2001
This was a joint venture between Credit Agricole and local interests. Credit Agricole had
USD300b in funds under management. BSF had USD 0.5 billion
My responsibilities included:
• Discretionary Portfolio Management for high net worth individuals including members of
the Saudi royal family
• Managing the bank’s equity base
• Product development – rebadging the product for European banks
• Research into managed funds
• Preparation of recommended list of mutual funds
• Development of the bank’s investment web site
Achievements
Funds under management grew by 54% p.a. (market growth 17%)
Managing a diverse team (Arab/Indian/French/Filipino)
Ranked #3 of 580 US equity managers for 1999 to 2001 (source Morningstar) with
alpha of 32% pa (passive) and 107% pa (aggressive)
Ranked #1 in local equities for 1999 and 2000 (source SAMA)
Ranked top decile of global fixed interest managers in 2000 (source Micropal)
Alan Harmer – Resume Page 3
4. GLOBAL actively managed portfolios
PORTFOLIO portfolio market alpha place
2000 30.0% -1.5% 31.5%
BSF
2001 14.0% -18.5% 32.5%
2002 1.0% -25.3% 26.3%
58.0% 32.2% 25.8%
Macquarie
2003
2005 27.6% -2.1% 29.7% Segue
2008 -32.8% -53.2% 20.4% Rajhi
2009* 9.9% 1.0% 8.8%
Kappa
2010* 22.5% 0.7% 21.9%
* part period
directly
managed 13.4% -11.7% 25.1%
GLOBAL style analysis
constraint
PORTFOLIO s style source RANK
2000 global sharia high conviction
compliant 50 stocks BSF #1 580
2001
large cap
2002 S&P 500 benchmark Macquarie
2003 aware
S&P 500 high conviction Actuarial
2005
PASSIVE 5 stocks Solutions
S&P 500 Lipper
2008 PASSIVE benchmark
2009* aware FSC
S&P 1500 #6 3387
2010*
Alan Harmer – Resume Page 4