The CFA Society Ottawa is pleased to offer this event for free to our members.
As part of the CFA Institute's global Putting Investors First Initiative, the CFA Society Ottawa will host a luncheon on May 18 featuring Philip Cross. The goal of the Putting Investors First Initiative is to build awareness of the duty to protect investor interests at all times, and to ensure that all investment professionals understand their primary role is to serve and protect investors.
Proponents of the Canada Pension Plan (CPP) and those who argue for its expansion often claim it has low costs and economies of scale, whereby the ratio of costs to assets declines as the value of assets under management grows. Mr. Cross will present findings from a paper he has co-authored, which examines the total costs (investment and administrative) of the CPP with five other large public pension plans based in Ontario including the Ontario Teachers' Pension Plan (OTPP), the Ontario Municipal Employees Retirement System (OMERS), the Healthcare of Ontario Pension Plan (HOOPP), the Ontario Pension Board (OPB), and the OPTrust.
Please join us as Mr. Cross discusses the results of his study, some of which will surprise you.
Mr. Cross will be introduced by Harry Marmer, Executive Vice President and Partner of Hillsdale Investment Management. Mr. Marmer is a past President of CFA Society Toronto and current volunteer for the CFA Institute, and has worked with the CFA Society Ottawa to organize this luncheon.
Philip Cross worked for 36 years at Statistics Canada, the last few as its Chief Economic Analyst. He wrote Statistics Canada's monthly assessment of the economy for years, as well as many feature articles for the Canadian Economic Observer. After leaving Statistics Canada, he has worked as a contract researcher for a variety of organizations. He has been widely quoted over the years, and now writes a bi-weekly column for the National Post and other papers.
Date: May 18, 2016
Place: Rideau Club, 99 Bank Street, 15th floor
Time: 11:45 Registration
12:00 Lunch starts
(Registration Mandatory - click here)
Note: Non-members and candidates must register here.
Registration deadline is Friday May 13, 2016.
Dress: Business dress (jacket and tie required).
Program Chair, CFA Society Ottawa Program Chair
Bernhard Eichenlaub, CFA
CFA President, CFA Society Ottawa Program Chair