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August 28 Julie Abbett ETF Cap Mkts Experts Panel on Proposed SEC Rule; Dan Fox, BBA “Closed End Funds – An Investment Strategy for People Near Retirement”

August 28 @ 5:30 pm - 8:00 pm

| $35 – $60

SAY GOODBYE TO SUMMER DRINKING, EATING & NETWORKING WITH US WHILE DISCUSSING ETFs and CEFs!

New York QWAFAFEW Event

URL: http://newyork.qwafafew.org/event/august28/

 

Venue:  Bourbon Street Bar and Grill, 346 W 46th Street, between 8th and 9th Avenues, New York, NY 10036

RSVP to nyc@qwafafew.org

Agenda

5:30- 6:10 Registration, Networking, and Refreshments

6:10 – 6:15 Chapter Business – Mike Carty, Chapter President

6:15 – 6:55   “Proposed SEC ETF Rule: How it seeks to Standardize and Modernize the regulatory framework for ETFs – A discussion”

Moderated by Julie Abbett, Executive Director – ETF Capital Markets, JP Morgan Chase.

Speakers:

Anita Rausch, Head of Capital Markets, Wisdom Tree

Kimberly Russell, ETF Capital Markets Desk, SSgA

Ron Veith, CFA, Compliance Director, JP Morgan Chase

6:55 – 7:10     Refreshment and Networking Break

7:10 – 7:55     “Closed End Funds – An Investment Strategy for People Near Retirement“, Dan Fox, Owner and Founder, Black Box A – A portfolio of high yield closed end funds can generate a low risk dividend stream that can meet consumption needs for investors close to retirement. With a diversified portfolio, investors can obtain income streams with very little volatility with infrequent trading. Risks to the strategy essentially involve dividends cuts, which do not happen frequently with a well chosen set of funds. If an investor’s asset base is large enough consumption needs can be defeased and an investor can, by and large, become indifferent to price movements in the underlying funds. Price indifference leads to an approach to risk measurement that only looks at yield volatility and ignores price movements.  Back testing and actual investment results show the strategy can maintain the high dividend yields associated with closed end funds for extended periods of time.

8:15 Adjournment
Venue:  Bourbon Street Bar and Grill, 346 W 46th Street, between 8th and 9th Avenues, New York, NY 10036

http://www.bourbonny.com/contact    accessible 42nd Street, Port Authority (A, C, E lines)

RSVP to nyc@qwafafew.org In text body, please provide the name, phone number, email, and membership/affiliation status for each attendee.
Admission Fees:
$35 for paid-up QWAFAFEW members (any chapter);
$40 for CQA members, SQA members, CQFs, CAIAs, CTHFAs, and sustaining (paid) PRMIA members, full-time students, those between positions, FWA members, IAFE, MTA members and members of any CFA Society;
$50 for members of PRMIA (free members), GARP, and/or members of any Quant-affiliated Linked-In group;
$60 for all other RSVPs;

Payment Options:  

Use Paypal Link by clicking here or type the URL: https://qwafafew.wordpress.com/meeting-admission-nyc/

or bring Check or Cash to the door on the night of the event after you RSVP.
Unless paid through PayPal, $10 late-fee applies to those not RSVP’d by Noon of the day of the event.

Memberships:

The initial meeting admission fee after becoming a member is free.

Regular 12-month membership dues: $120
Transitional (Between jobs/retired): $80
Student (anywhere): $60

1) Payment by Credit Card via Paypal Link https://qwafafew.wordpress.com/purchase-qwafafew-nyc-chapter-membership/  – Select the appropriate button

2) Bring Check payable to QWAFAFEW or Cash to the door on the night of the event after you RSVP

3) Mail check payable to QWAFAFEW for the appropriate amount with a note to: Mr. C. Michael Carty, NYC Chapter, 87-32 97th Street,Woodhaven, NY 11421

To learn more about QWAFAFEW: visit http://qwafafew.org/

To be placed on our e-newsletter mailing list: please e-mail qwafafewnyc@outlook.com with your e-mail and name.

Biographies

 

Julie Abbett, Executive Director, JP Morgan Chase & Co.

Julie focuses on building out JPM’s ETF execution sales model through strategic partnership with the key clients within the ETF landscape. Prior, Julie was at Deutsche Bank where she headed up the ETF execution Sales effort covering the RIAs, ETF Portfolio Managers and traditional asset manager clients.
Prior to Deutsche Bank, Julie was Senior Vice President and Head of Portfolio Management at IndexIQ running a suite of liquid alternative exchange traded funds. Before IndexIQ, Julie was a Quantitative Equity Portfolio Manager at Deutsche Asset Management (DeAM)/DB Advisors for over 9 years.

 

Anita Rausch (Schindelheim)

Anita Rausch (Schindelheim) has been working with ETFs since 2000; from operations, trading, and selling ETFs at two bulge bracket investment banks to managing the trading relationships and supporting our ETFs from beginning to end at a large ETF issuer. Her experience spans that of ETF structure, pricing, risk management, infrastructure, and now, total ETF product support.  She is  currently in charge of the Capital Markets efforts for WisdomTree in the US, Canada and Japan and part of senior management. In this respect I am responsible for working with all sorts of trading desks that facilitate the implementation of our ETFs. My group needs to know how all kinds of clients access the liquidity that we educate on regularly. We pride ourselves on understand the trading landscape, and its ever-changing nature, and then passing that on to create newer and better ETF users.

Kimberly Russell

Kimberly Russell is a Director of ETF Capital Markets Structure for SSgA after having spent 9 years in a similar environment at Barclays Capital.  Her B.A. cum laude is from Cornell University where she was active in Kappa Delta Sorority and Women’s Rowing.

Ron Veith, CFA

Ronald Veith is Compliance Director for JP Morgan Chase where he manages a team of Compliance Professionals that provides real-time regulatory advice to multiple equities and equity options sales and trading desks. He researches new Rules and Regulations, coordinate with Industry Groups, and meet with Regulators so as to best prepare the firm for changes brought about by new regulation. Current areas of focus include Listed Options Market Structure, Consolidated Audit Trail, SEC Tick Size Pilot, Automated Trading Systems and OTC Large Options Position Reporting,  Prior Stops include Barclays Capital, the International Securities Exchange (now part of NASDAQ), and Credit Suisse.  Ron has his Masters Degree from Pace University and his Bachelors from George Washington University.

 

Dan Fox is the President and Founder of Black Box A(BBA) Strategies, a research and fund investment firm in operation since 2004. During the past 10 years Dan has focused his work on closed end funds, devising a low risk investment strategy and running a hedge fund based on distributions of price to NAV ratios. Prior to BBA, he was a senior research analyst at Commerzbank and a principal at Credit Suisse in London where he was head of passive investing research. He was at Morgan Stanley in New York on both the buy and sell sides and did quantitative work on equity investing strategies. Dan started his career at CREF, where he ran a small cap passive portfolio. He earned his bachelor’s degree in US History from University of Berkeley and MBA from Wharton School.

Next Up:

  • NYC QWAFAFEW event – September 6th, “Don’t Touch the VIX!”, presenters: Kathleen H. Moriarity & Gontran de Quillacq

Find out more upcoming events from 2018 New York Calendar.

 

Details

Date:
August 28
Time:
5:30 pm - 8:00 pm
Cost:
$35 – $60
Website:
newyork.qwafafew.org

Organizer

Mike Carty
Phone:
718-846-2125
Email:
cmcarty1@earthlink.net
Website:
www.qwafafew.org

Venue

Bourbon Street Bar and Grill
346 W 46th Street, between 8th and 9th Avenues, New York, NY 10036
New York, 10036 United States
+ Google Map
Phone:
(212) 245-2030
Website:
http://www.bourbonny.com/contact