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北京大学英语新闻网/Peking University News The best gain from this conference, as the students would say, is not the conference itself, but the acquaintance with all these college students from all over the world. They not only made friends with lots of other students, but also showed the Chinese students' elegant demeanor. During the pre-conference event, the Global Village, the Beida students received many applauds from other people. Apart from the formal conference, the thirteen students also appreciated the beautiful urban scenery in Edinburgh and rural scenery in the High Lands. They also went to Loch Ness, which is famous for its monster underwater, as well as the marvelous landscape and the old castle beside it. After seven days' unforgettable trip around Scotland, the students went separately to London and Northern Ireland, appreciating the different cultures in the United Kingdom. Now, the students are busy preparing their mid-term exams. But, as one of the group member mentioned, they would never forget the trip, because of the fantastic scenery, of the new friends they met, and of the deep friendship between the group members themselves. Later this semester, the Scotland group will introduce their experience in Scotland together with the Harvard National Model United Nations group which traveled to the United States in February this year. Edited By : Liu Li Related Topic : Related News : Related Feedback: 1032
北京大学英语新闻网/Peking University News GE Asset Management and the Emerging Trends in the Asset Management Industry By Wang Yi PKU NEWS 2005—04—11 http://ennews.pku.edu.cn/news.php?s=113270958 Peking University, Beijing, April 11, 2005: Mr. Michael J. Cosgrove, executive Vice President and Chief Commercial Officer of GE Asset Management came to Peking University to share with students and professionals the development experience, talking about the trend of world investment and management and discuss the development of commercial opportunities in China‘s investment and management field. In his 50-minute speech, Mr. Cosgrove gave a brief and technical introduction of GE‘s experiences in China, GE asset management and its interest in China. The history of GE in China goes back to as early as 1906 and in 1994 GE (China) was established. In the coming 2008 when the Olympic Games will be held in China, GE will go on touching Olympics in many ways. Talking about GE asset management, Cosgrove first defined investment as taking care of someone else‘s money. In GE‘s principle, one should first have an idea, or the vision, then make it into a plan, however, unless he has it executed, the vision doesn‘t become real. The growth at GEAM depends on market, product and client. The key emerging trends in asset management include: key clients------the plan sponsors; funding pressures------shifting focus from asset to liability management; searching for increased alpha------alternatives investments have become mainstream; searching for decreased beta------investing in index and enhanced strategies. Finally, GEAM‘s interests in China lie in both investing in the China‘s equity market and providing money service management that serves to Chinese entities. In the Q&A part, Mr. Cosgrove answered questions raised by BiMBA students, including the most critical qualifications for a manager, the key elements of GE‘s success, risk management, GE‘s coping with China‘s policy makers, etc. The three most important criterions for a manager Cosgrove said are as follows: Life is a continued process of learning; one needs to listen to others so as to make modification and be success; one also needs to be able to communicate with others. 1033
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