Language: English
Speaker: Ronald Liesching, Chairman Emeritus of Pareto New York and Chairman of Mountain Pacific Group
Outline
Commodity investing offers Japanese institutions the unique combination of high returns and substantial reduction in portfolio risk. There are four reasons for this. First, we are in a commodity supercycle. Second, Japan lacks raw commodities. Third, commodity returns are negatively correlated to financial returns. Fourth, commodity investment hedges against debasement of paper currencies. So commodity investing hedges both financial asset prices and future liability inflation risks. The talk will explain the case for commodity investment and the ways in which institutions are investing in commodities.
Speaker
Mr. Liesching is the inventor of commodity swaps. He was a founding member of the AIG commodity index committee and is the author of the CFA publication “Investing in Commodities”. Ronald has over thirty years experience in currency and risk management.
Registration
If you wish to attend this seminar, please register here.
You can bring non-member guests (including candidates), if seats are available. However non-member guest should pay 2,000 yen as a seminar fee at the door. In this case, please prepare exactly 2,000 yen as we don't prepare any change. |
