Are you really getting the most out of your investment adviser? Robert Stammers, CFA, director of Investor Education at CFA Institute, walks us through some questions that investors should ask before they sit down for a meeting.
All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.
Robert Stammers, CFA, is director of Investor Engagement for CFA Institute and is responsible for increasing the use and distribution of Future of Finance and CFA Institute content by various audiences. Prior to joining CFA Institute, Stammers was the principal for his founded company where he consulted for real estate owners, lenders, and syndicators to develop and analyze structured real estate investments. There he devised strategy for obtaining debt and preferred equity capital and created finance-related marketing materials and research papers for various clients. Stammers has authored over 100 articles on various financial and investment topics for such investment periodicals as Forbes and Investopedia. He served as a senior equity analyst, where he was responsible for the creation of new investment tools and instructional products to provide the revenues for two new investment education companies. As a senior executive for several institutional fund managers, Stammers was the portfolio manager for a $1 billion enhanced real estate fund, a $1.2 billion private timber fund, and several pension fund separate accounts.
Subscribe to Enterprising Investor and receive the weekly email newsletter.
Andrew Ferguson, CEO of the Asia Pacific Loan Market Association, says he is concerned by a lack of awareness of the Libor transition and the Secured Overnight Financing Rate among Asian financial professionals. Asian companies hold $675 billion or more in Libor-based bonds and loans, the majority of which matures after the phaseout date, which might leave firms struggling to obtain credit without adequate preparation. BNN Bloomberg (Canada) (13 Feb.)
An EU document obtained by Reuters contains a warning to Group of 20 finance ministers that the global economy is at risk of a major slowdown. "Global economic growth remains weak, amid signs of stabilization, in particular in global manufacturing," according to the document, which says trade and geopolitical tensions remain high. Reuters (13 Feb.)
UK Chancellor Sajid Javid has resigned after Prime Minister Boris Johnson unexpectedly demanded Javid's advisers be replaced by Boris' selections, with Javid saying "I don't believe any self-respecting minister would accept such conditions." Javid has been replaced by Chief Secretary to the Treasury Rishi Sunak. BBC (13 Feb.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.