New York Meeting: The State of the ETF Industry in Its 15th Year – A Panel Discussion
Tuesday, May 27, 2008 - 5:45pm
Patrick Conway's Pub & Restaurant, 40 E 43rd St (between Madison & Vanderbilt), NY, NY
QWAFAFEW / PRMIA JOINT MEETING -
Tuesday, May 27, 2008
“The State of the ETF Industry in Its 15th Year” – A Panel Discussion”
Moderated by: Kathleen Moriarty, Katten Law
Panelists include: Marvin Appel, Appel Asset Management; Michael Carty, Benchmarks by Design; Anthony Dudzinski, XShares Advisors; Thomas Haines, NYSE Euronext; Michael Jabara, Citigroup; and Shirley Petersen, Mergent
Venue and Time
Tuesday, May 27th, 5:45 - 8:45 pm; Patrick Conway's Pub & Restaurant (downstairs)
40 E 43rd St (between Madison & Vanderbilt), NY, NY
To RSVP (No later than 7 PM EDT on Mon. May 25 – Memorial Day):
Please send an e-mail nyc@qwafafew.org and put date of event in Subject Line. Please include whether you are a QWAFAFEW member (including if you intend joining at the door), a PRMIA Sustaining Member, or neither, along with the names, phone numbers, Organization Names for name tags, e-mails, and zip codes for all attending.Please RSVP as we are expecting a large crowd and cannot guarantee admission otherwise.
Admission:
$30 for SUSTAINING MEMBERS of PRMIA and/or Paid-Up Members of QWAFAFEW-NYC in 2008 (must have already paid dues for 2008 or pay with admission for this meeting) who RSVP.
$50 for all other RSVPs
+$20 more than the above at the door for non-RSVPs (only if availability permits)
ONLY cash or check (to QWAFAFEW) can be accepted. NO PLASTIC.Paper receipts are available upon request.Remember, 2008 Membership dues are now $90.Bring a check with you to the meeting, or follow the instructions below.
QWAFAFEW - NYC Chapter, e-mail: nyc@qwafafew.org website: www.qwafafew.org/New York Chapter
6:25 - 6:35 pm - A Brief Intro to the Joint PRMIA/QWAFAFEW Meeting from the two organization chapter Presidents, James Tunkey and C. Michael Carty
6:35 - 7.15 pm – Insights from the Panel -
Our moderator and panelists will spend no more than 5 minutes apiece introducing themselves and their organizations, what they do, what insights they’ve gleaned over the time of their industry experiences, and favorite anecdotes (if applicable, no more than one person) they wish to share.
7:15 - 7.30 – Libation and networking break
7:30 – 8:30 - Panel Discussion moderated by Kathleen Moriarty in Q & A format covering recent events, specific issues, quandaries, and insights for the future.
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About our Moderator:
Kathleen H. Moriarty concentrates her practice in financial services matters. She has extensive experience in the establishment and representation of exchange-traded investment companies (ETFs) and was instrumental in the early development of the structure, creation and registration of SPDRs. Ms. Moriarty has also advised clients on the establishment of various other U.S. ETFs, including iShares, VIPERS, ProShares and WisdomTree.Ms. Moriarty regularly advises foreign entities and delegations from both public and private sectors with respect to the regulation and operation of U.S. ETFs. She has also represented a variety of market participants in connection with the creation, structuring and development of other derivative securities and non-investment company exchange traded vehicles (ETVs), such as the streetTRACKS GOLD TRUST.Ms. Moriarty received her A.B. from Smith College in 1975 and her J.D. from the University of Notre Dame Law School in 1980. She is admitted to practice in New York. She is a member of the ABA Federal Regulation of Securities Subcommittee on Investment Companies and Investment Advisors and the Regulation of Futures and Derivative Instruments Committee, as well as a member of The Women’s Investment Management Forum. Ms. Moriarty is the author of several articles relating to ETFs and ETVs and a frequent lecturer at both industry and legal conferences. She sits on the editorial board of the Journal of Indexes. Ms. Moriarty was named a New York Super Lawyer in 2006 and 2007.
About our Panelists:
Marvin Appel is CEO of Appel Asset Management Corporation and the author of the book, Investing with Exchange-Traded Funds Made Easy.Michael Carty is Founding Principal of Benchmarks-by-Design and President of the NYC Chapter of QWAFAFEW. Anthony Dudzinski serves as president of Xshares Group LLC and chief operating officer of Xshares Advisors LLC.Prior to that, he had been COO for M. H. Myerson & Co.Thomas Haines is Managing Director of the ETF and Indexes Group at NYSE Euronext.Michael Jabara is aClosed-End Funds & ETF Research Analyst at Citigroup Investment Research.Shirley Petersen is currently Vice President of Index Licensing for Mergent Inc. after having served many years in a similar capacity with Standard and Poor’s Corporation.
About PRMIA and QWAFAFEW:
PRMIA[PREE - mee - ah] is a fast-growing, collaborative network of risk professionals from around the globe, defining and implementing the best practices of risk management. Structurally, PRMIA is a non-profit professional association offering a vast array of resources to its members including meetings, certification, programs, online resources, and much more.Over 200 meetings each year are offered through local PRMIA chapters.Please visit www.prmia.org for more details and to learn more about the benefits of a sustaining PRMIA membership.
QWAFAFEW [quaff- a -few], the Quantitative Alliance For Applied Finance Economics & Wisdom,is an informal professional association with chapters in various states of functionality throughout the globe.A typical QWAFAFEW meeting includes topics of discussion on quantitatively oriented investment industry issues along with the opportunity to network, relax, and enjoy libations. Please visit www.qwafafew.org to learn more about the organization, its resources, and local chapter events. Our dress code, rules of “etiquette” and everything else are strictly casual.
June 24th, 2008 – Jack Zwingli, Audit Integrity; “Dissecting the Yield Curve: Inflation Components and Beyond”, Ronit Walny, MacroMarkets
July 22nd, 2008 – “The Correlated Alpha Factors Blues”, Mary Ann Bartels, Merrill Lynch; New Paradigm for ETF Indexes”, C. Michael Carty, Benchmarks by Design
August 19th, 2008 – Herbert Blank, Rapid Ratings International; Navin Sharma, Oppenheimer Funds
September 23rd, 2008 – Ken Akoundi, Optima Funds Management; Bjorn Flesaker, Bloomberg LP
October 28th, 2008 –Elliott Noma, Asset Alliance LLC; James Q. Rice Spear Capital LLC
November 25th, 2008 – Matthew Rothman, Lehman Brothers
Want to get more involved in the NYC Chapter of QWAFAFEW?We have a steering committee meeting scheduled immediately preceding our meeting on Tuesday June 24th.Looking for people to take a more active role in chapter activities and recruiting.Please e-mail nyc@qwafafew.org and put Steering Committee Volunteer in the title line if you wish to join the committee and attend the June 24 meeting.If you wish to speak at QWAFAFEW in 2008-9, please contact Program Director Audrey Kaplan at akaplan@federatedinv.com.
Those of you who are also members of linked-in are welcome to join Herb Blank’s QWAFAFEW networking group on that site.The URL is http://www.linkedin.com/e/gis/59644/530E700BF98A; if you have not been permissioned in advance, please e-mail hblank@qwafafew.org
Senior Quantitative Analyst – Federated investment Management (NY Office) seeks candidate to develop, back-test, and evaluate potential stock, country, sector, or valuation models.The successful candidate will document and present research results to quantitative team and portfolio managers and assist in implementation of quant recommendations in the portfolio management process while working with portfolio managers to implement quantitative model recommendations.5+ years of industry experience and a Masters degree in relevant discipline required – Ph.D. preferred. CFA a significant plus.Other qualifications include experience in working with international financial data, risk packages, and demonstrably strong quantitative skills.US citizens or permanent residents only.To view additional details and to apply on line, please go to https://careers.federatedinvestors.com, and apply to job #5062, Senior Quantitative Analyst.
QWAFAFEW - NYC Chapter, e-mail: nyc@qwafafew.org website: www.qwafafew.org/New York Chapter Administrator: Moira Hand, moira727@yahoo.com Please send checks for Membership Dues to: Herb Blank, QED International Assoc., Inc. 708 3rd Avenue, 23rd Floor, NY, NY 10017, 212-953-4058. To get on Mailing List: transfer the following to your browser and click -- http://www.qwafafew.org/phplist/public_html/lists/?p=subscribe
... on rugged fitness landscapes ... learning curves show a special property called a power-law relation. [avalanches in sand piles or extinctions follow this pattern, as do many other natural and economic phenomenon]
— Stuart Kauffman in At Home in the Universe; The Search for the Laws of Self-Organization
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