John Kay: Debating the role of asset managers (Fully Booked)
Wed 16 May 12 at London Capital Cub, London

CFA UK is delighted that Professor John Kay, author of the Kay Review into UK Equity Markets and Long-Term decision making, will participate in a discussion on the key questions raised in the review’s interim report. Other speakers will be:

  • Colin McLean, FSIP, managing director of SVM Asset Management
  • Deborah Gilshan, FCIS, corporate governance counsel at Railpen Investments
  • Natalie WinterFrost, CFA, FIA, client director at Aberdeen Asset Management

This is a unique opportunity to attend what promises to be a spirited debate and for you to debate key questions for our profession, such as:

  • Should asset managers engage with the companies in which they invest?
  • How do asset managers contribute to the effective allocation of equity capital?
  • How will the government’s Kay Review affect the relationship between asset managers and the companies in which the invest?

The Kay Review was commissioned last year by Vince Cable to address how well equity markets support long-term growth of UK PLC, and how well they enable investors to participate in that growth. CFA UK has responded to the review and the interim report.

Professor John Kay

John Kay is one of Britainís leading economists. His interests focus on the relationships between economics and business. His career has spanned academic work and think tanks, business schools, company directorships, consultancies and investment companies. For more details of Johnís biography, see the About section.

John Kay is chairing the Review of UK Equity Markets and Long-Term Decision-Making which will report to the Secretary of State for Business, Innovation and Skills in July 2012. He is a visiting Professor of Economics at the London School of Economics, a Fellow of St Johnís College, Oxford. He is a Fellow of the British Academy, a Fellow of the Royal Society of Edinburgh. He is a director of several public companies and contributes a weekly column to the Financial Times. He is the author of many books, including The Truth about Markets (2003) and The Long and the Short of It: finance and investment for normally intelligent people who are not in the industry (2009) and his latest book, Obliquity was published by Profile Books in March 2010.

Colin McLean, FSIP
Managing director of SVM Asset Management

Colin is lead manager of SVM UK Absolute Alpha Fund and co manager of SVM UK Growth Fund, SVM Global Fund plc and SVM Global Opportunities Fund.

Prior to founding SVM in 1990, Colin was managing director of Templetonís European operations. He writes for The Herald and Scotland on Sunday, and on behavioural finance for Citywire. He appears regularly on CNBC, Bloomberg and BBC radio. In 2010, he chaired the Professionalism Working Group established by CFA UK.

Colin is a former board member of CFA UK and was Chairman from 2005 - 2007

Deborah Gilshan, FCIS
Corporate governance counsel at Railpen Investments

RPMI Railpen Investments carries out investment management for the corporate trustee of the pension schemes of the UK railways industry. Deborah joined Railpen in November 2007, and is responsible for the implementation of their global corporate governance and shareholder engagement policies, with specific responsibility for Railpenís work in the UK, North America and Australia. The role involves both direct company engagement and market policy work to improve shareholder rights in the markets in which Railpen invests. Deborah started her governance career in December 2000 at the UKís Co-operative Insurance Society (now The Co-operative Asset Management) and was instrumental in establishing their reputation as an engaged shareholder and strong advocate of good corporate governance.

Deborah is a non-executive director of the Railways Benefit Fund and serves on their investment committee. She is a Fellow of the UKís Institute of Chartered Secretaries and Administrators and advises them on governance issues. She holds the CFAís Investment Management Certificate. In 2009, Deborah was recognised for her work in corporate governance by the Millstein Center for Corporate Governance & Performance at Yale. She read Mathematics and English at the University of Manchester.

When and where?

Wednesday 16 May 12

Registration: 17:30
Event: 18:00 - 19:30

London Capital Cub, 15 Abchurch Lane, London EC4N 7BW
View map | View directions

Nearest tube station
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Member - £0
Non-member - £50

This is eligible for 1.5 CPD hours