Brian Lee, Director at Globalview Advisors, attended the 2020 Economic Forecast Dinner, hosted by the CFA Society of Orange County’s (CFAOC). The event was held at the The Pacific Club in Newport Beach on February 26, 2020.
Speakers at the event included:
- Jeff Rosenberg, CFA, Managing Director at BlackRock, Inc.; and
- Ben Mandel, Economist at J.P. Morgan Asset Management.
Mr. Rosenberg shared his views on the economy and the impact for fixed income investors in a world where uncertainty continues to grow on the economic outlook for the U.S. and yields across the globe continue to be historically low.
Mr. Rosenberg leads active and factor investments for mutual funds, institutional portfolios and ETFs within BlackRock’s Systematic Fixed Income (“SFI”) portfolio management team. In this role he serves as a member of the SFI Investment and Executive Committees and as a senior portfolio manager for a number of our investment products including the Systematic Multi-Strategy fund. Mr. Rosenberg’s service with the firm dates back to 2011, when he joined the Fundamental fixed income group as Chief Investment Strategist for fixed income. In 2016, this role transitioned into the BlackRock Investment Institute, where he helped develop BlackRock’s strategic and tactical views on sector allocation within fixed income, currencies and commodities.
Mr. Mandel presented an overview of current macro views and tactical positioning in J.P. Morgan’s global multi-asset portfolios, with a focus on which equity markets are preferred in 2020.
Mr. Mandel is a member of the Global Multi-Asset Strategy team at J.P. Morgan where he formulates tactical asset allocation views based on analysis of the global economy. He is also currently an adjunct professor at Columbia University’s School of International and Public Affairs, teaching a class in international trade. Mr. Mandel’s academic research has been published in leading scholarly journals, including: American Economic Review, American Economic Journal: Macroeconomics, American Economic Journal: Economic Policy, Quantitative Finance and the Journal of Economic Perspectives.
The CFA Society of Orange County (CFAOC) is the premier association for financial analysts and investment professionals in Orange County. CFAOC provides a forum for financial analysts and investment professionals to build strong and valuable networks, expand industry knowledge and promote the highest standards of ethical and professional conduct within the Orange County investment community. Its strategies are to increase awareness and acceptance of the CFA charter as the preeminent credential for investment professionals; enhance the value of the Society to its members by offering topical events, networking opportunities and career enhancement programs; and operate more efficiently and effectively through improvements in organizational structure and governance.
With over 600 members, most of whom hold the Chartered Financial Analyst (CFA) designation, CFAOC plays a vital role in advocating continuing education and ethical practices for professional excellence in the growing Orange County investment community. It is one of the 150+ connected local societies across the world that are affiliated with CFA Institute, the global not-for-profit organization of investment professionals that awards the CFA and CIPM designations. Society membership creates a valuable link between CFA charterholders and investment professionals in over 165+ countries and regions.
The CFA Institute is a global, nonprofit member organization of financial analysts, portfolio managers, and other investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Its aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 156,000 CFA charterholders worldwide in 165+ countries and regions. CFA Institute has eight offices worldwide and there are 151 local member societies.
The CFA Charter is a globally respected, graduate-level investment credential established in 1962 and awarded by the CFA Institute. To earn the CFA charter, candidates must 1) pass three sequential, six-hour examinations; 2) have at least four years of qualified professional investment experience; 3) join CFA Institute as members; and 4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. Regulatory bodies in 22 countries recognize the CFA charter as a proxy for meeting certain licensing requirements and more than 125 colleges and universities around the world have incorporated the majority of the CFA Program curriculum into their own finance courses.