Investing in Private Equity
16 November, 2017
During this evening we took a deep dive in the world of Private Equity. Luc Vanbriel of the KBC Pension Fund explained the Private Equity allocation in the pension fund and expressed the challenges and questions he still has on this asset class. Philip Walton of Cambridge Associates, used extensive data and analysis to give an overview of the market and fund performances while Thomas Dewever of Smile Invest went through two cases where he showed how private equity investors can create value for their investors.
Network effectively - How to break the ice
October 18, 2017
Networking: how to break the ice?
Our first session on networking was an interactive session on how to
effectively connect with new people. Chris Lemke, our speaker, gave valuable tricks and tips that we can use in the future.
Jeroen Michiels, CFA, says 'The networking event provided an excellent refresher on how to have a “triple A” conversation with someone: “Answer, Add & Ask back”
Member and Candidate Networking Drink
September 14, 2017
Overview: Our traditional kick-off drink took place the 14 September, at Kwint. It was a nice opportunity to network with peers in a relaxed setting and with an exquisite view on the Mont des Arts. See event pictures.
Market Abuse Regulation Demystification
April 27, 2017
Overview: The event focuses on Market Abuse Regulation (MAR) and how it came into effect on 3 July 2016. It aims to increase market integrity and investor protection. It contains prohibitions of insider dealing, unlawful disclosure of inside information and market manipulation, and provisions to prevent and detect these.
What is New in Lease Accounting
March 21, 2017
Overview: According to the IASB, over
85 per cent of all leases are estimated to be off balance sheet today. As a
result, investors often adjust the financial statements to recognise estimated
assets and liabilities arising from operating leases and adjust EBIT or EBITDA
and interest. IFRS 16 Leases eliminates the distinction between operating and
finance leases and requires all leases to be recognised on the balance sheet,
with some optional exemptions.
What does IFRS 16 mean for investors?
We expect that industries such as airlines, retailers, travel and leisure will be most affected as they currently use operating leases extensively. So far, investors have said that IFRS 16 will increase comparability and the relevance of information in the financial statements, and reduce the need to make adjustments. Nonetheless, the lack of full convergence between US-GAAP and IFRS lease accounting might require investors to make adjustments to allow for cross-border peer comparability.
Andrew Watchman was a key speaker at this event and is a CEO and TEG Chairman at EFRAG.
Examining the State of Systemic Risk Reforms: A Discussion with Jean-Claude Trichet & Sir
February 9, 2017
Overview: An evening event with Jean-Claude Trichet, former President of the European Central Bank and Senior Advisor to the Systemic Risk Council, and Sir Paul Tucker, Chair of the Systemic Risk Council and former Deputy Governor of the Bank of England, on the state of systemic risk reforms was held on 9th February 2017 at the National Bank of Belgium.
The event focused on eight years on from the economic crisis, what lessons has our industry learnt? Have new regulations met their objectives or could they be made more effective? Have we fixed too-big-to-fail? What is the scope of macroprudential policy and how might it impact the investment management industry?
230 delegates attended the event.
CFA Charter Award Ceremony
January 12, 2017
Overview: CFA Society Belguim organized a Cheese & Wine evening reception to congratulate and welcome this year's new CFA Charterholders on January 12, 2017 held in Radisson Blu Royal Hotel.