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Event Detail

A Seismic Shift: The Changing Dynamics of the Global Energy Scene (Ended)


Geopolitical Implications & Investment Opportunities

Date, Time, and Location:
Tuesday, September 23, 2014 (add this event to your Outlook Calendar)
2:30 pm - 6:00 pm
University Club of Chicago, 76 E. Monroe Street, Chicago, IL  60603   (Driving Directions)

Program Description:
While fracking has captured much of the popular press attention lately, there is a much more pervasive shift in the global energy power balance taking place that has near and long term implications at both macroeconomic and individual company levels. The US is now the second largest producer of crude oil in the world, sandwiched between Saudi Arabia and Russia. US oil exports now exceed agricultural exports. Oil imports have declined nearly 25% since their 2005 peak, and continue to decline even in the face of the economic recovery. What was once unthinkable - US energy independence - is now being widely forecast and hotly debated as changes in supply and demand dynamics are causing policy makers and investors to rethink long-held and deeply embedded assumptions.

Join us for a two-part panel event with Session 1 focused on the Macro-economic and geopolitical implications of the energy revolution and Session 2 focused on identifying sector-specific impacts and likely winners and losers.

You Will Learn:

  • The long range sustainability of America's new-found energy abundance.
  • The impact of the changing balance of power among oil-producing countries:
  • On energy prices globally
  • On energy politics (and other foreign policy)
  • The macro economic impact of the changing supply/demand dynamics
  • The potential for energy independence to create a North American Industrial Renaissance
  • The impact on global economic growth projections and global energy poverty

Including a focus on actionable investment ideas:

  • Sector & Industry analysis - winners & losers; direct and indirect beneficiaries of the energy boom
  • Companies under the "radar screen" who could benefit
  • New technologies which may emerge as a result of lower energy costs

Session 1:
Olga Bitel - Portfolio Strategist, William Blair
Rachel Bronson - Senior Fellow for Global Energy, Chicago Council on Global Affairs
Jan Kalicki - Senior Scholar, Kennan Institute; Woodrow Wilson International Center for Scholars
Moderator - Tim Greening

Session 2:
Tony Lindsay - Research and Development Director, Gas Technology Institute
Ron Muhlenkamp, CFA - Founder & Portfolio Manager, Muhlenkamp Fund
Terry Smith, CFA - Executive Director, Head of Credit Research, Americas UBS Global Asset Management
Mark Eramo - Vice President, Chemical Industry Research & Analysis, IHS
Moderator: Herve Wilczynski - Partner, A.T. Kearney

Participating Organization:
Chicago Council on Global Affairs

Fee*:
Members - $65 $45 or FREE with Function Ticket
Partner Organizations - $65 $45
Non-Members - $65
Student-Members - $65 $20
Reserved VIP table - $360 (8 guests, company name on table, contact office directly)

CFA Institute Qualified Activity: Eligible for 2.5 credit hour

Attire: Business Casual

Menu: Refreshments and light appetizers

Registration: Online

Agenda:
2:30pm - 3:00pm: Registration and Networking
3:00pm - 4:15pm: Session 1
4:15pm - 4:30pm: Networking Break
4:30pm - 5:45pm: Session 2
5:45pm - 6:00pm: Informal Networking

Hosted by: Education Advisory Group

*Special Notes Regarding Fees:
Regular, Candidate, and Affiliate Members may apply function tickets as payment for Non-member or Student-Member. Credit card required to guarantee ALL reservations except for reservations using Function Tickets. 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, Sept. 17.

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.