Tomorrow’s Timber: Identifying Unconventional Investments with Leo de Bever (Video)
The CFA Institute Seminar for Global Investors, formerly known as the Financial Analysts Seminar, offers engaging lectures, small classroom discussions, and interactive case studies on a wide range of timely investment topics. The 2019 seminar will be held in Chicago on 22–25 July. Learn more about the agenda and speaker details on our website.
When Leo de Bever began his career in the investment industry, timberland and commodities were new and unusual vehicles for institutional investors. These days, they are common holdings in institutional portfolios. At the 2014 Financial Analysts Seminar in Chicago, de Bever emphasized that institutional money managers must identify today’s innovative investments before they become the conventional asset classes of tomorrow.
According to de Bever, pension managers cannot deliver extraordinary investment results with ordinary investment vehicles. Investors must push into the next frontier, and unknown frontiers are uncomfortable. “If a strategy makes your board comfortable,” says de Bever, “it needs updating.”
In this video, de Bever shares his thoughts on updating investment strategies and identifying investment opportunities to capture rewards for being a long-term investor.
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