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Event Detail

Distinguished Speakers Series: Donald Coxe (Ended)


Investing In The Era of Near-Zero Rates And Near-Zero Growth

Date, Time, and Location:
Thursday, January 24, 2013 (add this event to your Outlook Calendar)
12:00 pm
Hotel Allegro, 171 W. Randolph St, Chicago, IL  60601   (Driving Directions)

Distinguished Speakers Series:
Donald Coxe, Chairman, Coxe Advisors LLC, and Strategy Advisor, BMO Capital Markets

Date, Time, and Location:
Thurs., Jan. 24, 2013
12:00 - 1:00 p.m.
Hotel Allegro, 171 W. Randolph Street Chicago, IL 60601

Program Description:
Investing In The Era of Near-Zero Rates And Near-Zero Growth

The US and European economies have been, under the impact of sustained injections of financial heroin, slipping away from capitalist norms and slowly sliding toward lotusland stasis (as described in "The Odyssey"). The winners in Washington are those best able to convince voters that they feel their pain and will alleviate it. Unemployed workers by the millions disappear from the jobless rolls, adapting to the rapidly-evolving range of maladies warranting retirement on disability and food stamps. Companies hoard cash, rejecting risk-taking. Pension funds find that the Efficient Frontier of The Capital Asset Pricing Model no longer works as sovereign debts gradually lose their risk-free status and low interest rates as guaranteed by central banks render 7%-8% projections of future returns the stuff only dreams are made on. How do we emerge from this surreal condition and return to vigorous economic growth with interest rates returning to normalcy and the bond market returning to allocating capital according to capitalist principles?

Donald Coxe in the news:
Turchansky: Global villagers will again determine stock market returns in 2013
Edmonton Journal, 1/4/13
"Don Coxe, who heads up Coxe Advisors LLP for BMO Capital Markets, worries about construction of the Keystone XL pipeline and says to defer purchase of oilsands stocks. He thinks the next big... more"

Libor fines grow as UBS becomes latest domino to fall in widening scandal
FinancialPost.com, 12/19/12
"What the evidence suggests is that there is a "culture of corruption" within the banking system where "dishonesty is tolerated at so many levels," said Don Coxe, a leading institutional investor and strategy advisor to BMO Financial Group.... more"

12 Gold Bugs Bring Christmas Cheer
SeekingAlpha.com, 12/22/12
"Don Coxe, a highly respected global commodities strategist, stated at the Denver Gold Forum that "now is the best climate I have ever seen... more"

Fee:
Members - $45
Non-Members - $55
Student-Members - $10
(payable by cash, check, credit card or function ticket)*

CFA Institute Qualified Activity: Eligible for 1 credit hour

Attire: Business Casual

Menu: Chef's Choice (Vegetarian meal available upon request)

Registration:
Register online below.

Agenda:
11:30 am - 12:00 pm: Registration & Networking
12:00 pm - 1:00 pm: Luncheon Presentation with Q&A

Hosted by: Luncheon Program Advisory Group

Donald Coxe Donald Coxe, Chairman, Coxe Advisors LLC, and Strategy Advisor, BMO Capital Markets
Don Coxe has more than 39 years of institutional investment experience in Canada and the US. He is Strategy Advisor to BMO Financial Group. His investment journal, Basic Points, published since 1992, and his conference calls are distributed exclusively for their clients in North America, Europe and Asia.

From his office in Chicago, Coxe heads up the Global Commodity Strategy investment management team - a collaboration of Coxe Advisors and Harris Investments - to create and market commodity-oriented solutions for investors. He is advisor to the Coxe Commodity Strategy Fund and the Coxe Global Agribusiness Income Fund in Canada, and the Virtus Global Commodity Stock fund in the US.

Coxe was appointed to the Board of Spanish Mountain Gold (TSX:SPA) in September 2011. He has been an Advisory Board member of Genagro Ltd. (a firm investing in farmland and farming-related businesses) agriculture investments firm) since 2008.

Coxe has consistently been named as a top portfolio strategist by Brendan Wood International; in 2011, he was awarded a lifetime achievement award and he was ranked number one in the 2007, 2008 and 2009 surveys. Coxe maintains a highly visible presence in the business community as an advisor to Boards, and speaker for business conferences and industry events.

Prior to entering the investment advisor business, Coxe served as associate editor of National Review magazine in New York; practiced law in Toronto; was general manager of the Ontario Federation of Agriculture; and served as General Counsel of the Canadian Federation of Agriculture.

*Special Notes Regarding Fees:
Regular and Affiliate Members may apply function tickets as payment for non-member and/or students member. Credit card is required to guarantee ALL reservations. Day-of-event registrations accepted on-site only if applicable and space available. There is a $5 surcharge for walk-ins. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Cancellations accepted until 5:00 pm, Jan. 21.

Passport Program
Members of any CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.

CFA Institute CE Qualified Activity
This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.

Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.