The CFA Society of Austin
6th Annual Forecast Dinner
on Thursday, January 28th, 2010 5:30 – 9:00 pm
CURRENCIES, COMMODITIES, & EMERGING MARKETS
Michael Santoli, Associate Editor & Columnist, Barron’s
Jon Najarian, Co-Founder of OptionMONSTER®, Hedge Fund manager, CNBC Contributor and panelist on Fast Money
Dan J. Rice III, Managing Director and BlackRock Portfolio Manager, Global Resources Team
David Abramson, Managing Editor, Bank Credit Analyst.
Ruchir Sharma, Emerging Markets PM, Morgan Stanley Investment Management
Eric Boyce, CFA, Hester Capital PM. Master of Ceremonies
|Panelist: Jon Najarian
||Mr. Najarian is a Hedge Fund Manager, noted media analyst and speaker, and cofounder of optionMONSTER®.Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Board Options Exchange (CBOE) in 1981, trading in the pits for some 25 years.In 1989 he founded Mercury Trading, running the company for 15 years until 2004, when he sold his floor-trading operations to Citadel, one of the world’s largest hedge funds.More recently, Jon – often known after his CBOE floor call letters ‘DRJ’ – has developed and patented trading applications used to identify unusual activity in stock, option, and futures markets, notably the Heat Seeker® program, which uncovers extraordinary buying patterns from among the 180,000 quotes per second that stream from America’s stock, options, and futures exchanges.In addition to optionMONSTER.com, Jon’s research and analysis is widely cited by leading financial media including the Wall Street Journal, Barron’s, Reuters, Bloomberg, Dow Jones, FOX News Channel, CBS Radio, and CNBC. Jon is a CNBC contributor, hosts a CBS Radio show, and webcasts twice daily on CBOE-TV.
|Panelist: Dan J. Rice III
||Dan J. Rice is Managing Director and BlackRock portfolio manager. He is the co-head of BlackRock’s Boston-based Global Resources team, responsible for managing small cap and all cap energy & resources portfolios. Mr. Rice is widely regarded as one of the leading investors in the energy & resources segment and has been profiled in the Wall Street Journal, Barron’s, and other prominent publications. Dan began running a dedicated Small Cap Energy portfolio in 1986 and has amassed a successful 23 year track record managing energy & resource related portfolios since that time.Mr. Rice’s service with the firm began in 1984, including his years with State Street Research & Management (SSRM), which merged with BlackRock in 2005. At SSRM, he was a Senior Vice President and portfolio manager responsible for small cap and all cap energy products. Prior to joining SSRM, Mr. Rice was a Vice President and portfolio manager with Fred Alger Management, beginning in 1982 Earlier in his career, Mr. Rice was a Vice President and analyst with EF Hutton and an analyst with Loomis Sayles and Co. He began his career in 1975 as an auditor with Price Waterhouse & Co.Mr. Rice earned a BS degree from Bates College in 1973 and a MBA degree from New York University in 1975. Mr. Rice is a Certified Public Accountant (CPA).
|Panelist: David Abramson
||David Abramson has been with the Bank Credit Analyst Research Group (www.bcaresearch.com) since 1987. He originated and is the Managing Editor of the firm’s Commodity and Energy service. Before that, he ran the China Investment Strategy service. From 2000 to mid-2005, he originated and managed a European institutional service. For most of the 1990s, he was Managing Editor of the ForexCast, the currency advisory service of the Group, and also frequently contributed to the emerging market asset allocation service.David also is a lecturer in MBA International Finance at McGill University and sits on the Client Committee for the Concordia University Kenneth Woods Portfolio Management Program.Prior to joining BCA, David worked in the international department of the Bank of Canada for three years modeling exchange rate and trade flows. He holds an MBA and MA in International Relations from the University of Chicago, as well as a MA degree in Economics from Carleton University.
|Panelist: Ruchir Sharma
||Ruchir is head of the Global Emerging Markets Equity team at Morgan Stanley Investment Management in New York and a member of the Global Asset Allocation Committee. The emerging markets team manages over 25 billion dollars in assets and is one of the largest and most experienced managers of emerging markets assets in the world. He joined Morgan Stanley in 1996 and has 15 years of investment experience.Ruchir is a contributing editor with Newsweek and writes for other publications as well such as The Wall Street Journal. He is also a contributor to The Economic Times, and has been writing a regular column on global financial markets since 1991.
|Panelist: Eric Boyce, CFA
|Mr. Boyce brings extensive experience in the financial industry to his position as Portfolio Manager. Prior to joining HCM, he was Executive Vice President at Austin-based Penn Investment Group from 2001 through June 2003, where he also served as Research Director. Previously, Mr. Boyce served as Vice President and equity analyst at Dallas-based Baldwin Anthony & McIntyre Securities from 1998 through 2001, as interim Research Director for First Financial Securities in 1998, and as Vice President and Research Director for Dallas-based First Dallas Holdings, parent company for First Dallas Securities and the Hodges Mutual Fund, from 1995 through 1997.Previously, Mr. Boyce served as Assistant Vice President and Treasury Product Manager at NationsBank and as information systems director for Grubb & Ellis’ Industrial division. Mr. Boyce is also a member of the CFA Institute and the Investment Adviser Association (IAA), and currently serves as a volunteer for a Hearing Panel Pool in support of the CFA Institute’s Disciplinary Review Committee.He remains actively involved with the University of Texas McCombs School of Business, serving on an ad hoc alumni task force, and previously served on the advisory board of the University of Texas Business Network (TBN) and as the chair of its Dallas chapter. A Dallas native, Mr. Boyce earned his bachelor’s degree in finance from the University of Texas at Austin and his masters degree from the University of Texas at Dallas. He received the Chartered Financial Analyst designation in 2001 and Chartered Investment Counselor designation in 2004 from the Investment Adviser Association.
|Moderator: Michael Santoli
||Michael Santoli is an Associate Editor for Barron’s, The Dow Jones Business and Financial Weekly. He writes the “Streetwise” column, offering a forward-looking take on the financial markets, illuminating market trends and identifying investment opportunities. Mr. Santoli is a regular on-air contributor to several cable and broadcast networks.Prior to assuming his current position in November 2006, Mr. Santoli had been a senior editor for Barron’s since May 2002, writing “The Trader” column, which covered the stock market and investment trends.Previously he had been mutual funds editor for the magazine since March 2000, when he wrote the “Fund of Information” column, edited the quarterly mutual-fund pullout sections and wrote cover stories for the magazine. In August 1993, Mr. Santoli joined Dow Jones & Company as a reporter for the Dow Jones News Service and covered the securities industry.He moved to Barron’s in February 1997 as a staff writer and wrote the “Commodities Corner.” In 1998, he began writing the “Striking Price” column, covering the options markets. Before joining Dow Jones, he worked in New York as a reporter/editor for Investment Dealers’ Digest from June 1992 through early August 1993.
Mr. Santoli has received two Dow Jones Newswires Awards for distinguished real-time journalism. In 1995, he was a member of a team honored for a series of stories on the demise of D. Blech & Co., and in 1996, he and a colleague received an award for their coverage of the securities industry. Born in Manhasset, N.Y., Mr. Santoli received a bachelor’s degree in history from Wesleyan University in Middletown, Conn.
Thursday, January 28th, 2010 from 5:30 pm – 9:00 pm
AT&T Executive Education & Conference Center on UT campus, 1900 University Avenue, Austin, Texas 78705
5:30 pm — Registration and Cocktails
6:15 pm — Dinner
6:45 pm — Opening Remarks & Panel Introduction
7:00 pm – Speaker Presentations & Panel Discussion
9:00 pm — Evening Concludes