PRESIDENT'S MESSAGE sacha imbert, president - Society

More documents

Recommendations

Info

RECORD BREAKING SUPPORT FOR 2012 ANNUAL FORECAST DINNER Each year the CFA Ottawa Society hosts the premier networking event for the local finance and investment community. This year was no exception. On March 29th, over 400 members and colleagues joined us for our largest event yet at the new Ottawa Convention Centre. This record attendance eclipsed our previous dinner by 56% and was a key driver in our recognition and success at the Global Society Excellence Awards in Chicago. We were honored to have three compelling guest speakers from three different areas of the profession. Focusing on macroeconomic trends, we had Doug Porter, CFA, Managing Director and Deputy Chief Economist of BMO Capital Markets. Speaking directly to investment trends and regulatory oversight, we had Eric Bushell, CFA, Chief Investment Officer from Signature Global Advisors. Finally, with fresh insights straight from the budget lockup sessions, we had Jamie Golombek, Managing Director of Tax and Estate Planning from CIBC Private Wealth Management. Mr. Golombek spoke about new themes from the budget and their implications for investors. The evening was moderated by Naomi Ridout, CFA, from Macquarie Private Wealth. Ms. Ridout is a past President of the CFA Ottawa Society. The CFA Ottawa Society would like to thank each of our presenters and the moderator for their contributions as well as each of our sponsors who helped make this event possible. We hope to build on the incredible success of this event next year and hope that our members will continue to push us to grow and improve our program offerings in the future.
Sponsors thank you to our reception sponsor gold sponsors silver sponsors CARLETON UNIVERSITY in kind sponsors FORECASTERS OF THE YEAR 2011 Past President of the CFA Ottawa Society, Andrew Baechler, did an entertaining presentation of the annual Forecaster of the Year award. It is also important to note that Andrew was the winner of the 2010 award. Participants were asked to predict the year-end values for the TSX, S&P500, Oil, USD/CAD, and the price of Tim Horton’s stock. For the TSX, the group average over-predicted the change in value by 18% as bullish sentiments reigned among the participants. For the S&P500, the group average was a little more respectable with a variance of 13.1%. For oil, the predicted change varied by 7% when compared to the actual Year End closing price of $99.00. For the USD/CAD, the group over-predicted the increase in the CAD with an average estimate of $1.04 vs. the actual Year End value of $0.98. And for the price of Tim Horton’s, the group average estimated price was 5% off the mark. The average variance was slightly higher this year, when compared to last. Congratulations to our top forecaster Ian Sterling, who, on average, came within 6.5% of the targets. We commend Ian on his predictive prowess. Congratulations to runners up Ian Taylor and Graham Mayes for their accurate predictions. A special thanks to Andrew for the entertaining presentation. Category winners: FORECASTER Ian Sterling 6.5% Ian Taylor 7.1% Graham Mayes 8.0% CATEGORY TSX Paul Gasperetti S&P 500 Craig Lueck Oil USD/CAD exchange rate Tim Horton’s Stock Price (THI) Overall Winner VARIANCE FORECASTER Pascal Bruneau David Stewart James King Ian Sterling We would like to thank everyone for participating. Will performance persist? Attend next year’s Forecast Dinner to find out!
Page 1: JUNE 2012 ISSUE sacha imbert, presi
Page 5 and 6: CHARTERHOLDER PROFILE CONTINUED wha
Page 7 and 8: CANDIDATE EXAM SUPPORT EDUCATION CH
Page 9: UPCOMING ELECTIONS FOR CFA OTTAWA B

PRESIDENT'S MESSAGE sacha imbert, president - Society

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?