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Fund services news

Ex-Goldman’s Jim O’Neill to speak at Guernsey forum


12 February 2014 Guernsey
Reporter: Georgina Lavers

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Image: Shutterstock
Leading economist and creator of the ‘BRICs’ acronym Jim O’Neill will be the keynote speaker at this year’s Guernsey Funds Forum in London.

The annual event, which this year takes place at the Grange St Paul’s Hotel on 1 May, will see the recently retired chairman of Goldman Sachs Asset Management and best-selling author of The Growth Map share his views on the future of the financial markets with an expected audience of 400 delegates.

The event will also feature moderators Sarah Montague, host of BBC Radio 4’s flagship Today programme; and ITV news anchor Alastair Stewart.

Fiona Le Poidevin, chief executive of Guernsey Finance, said: “O’Neill also recently coined the new acronym, MINT, to group the economies of Mexico, Indonesia, Nigeria and Turkey, as he believes these four countries could be among the 10 largest economies in the next 30 years."

"This year’s Guernsey Funds Forum therefore presents a great opportunity to hear the reasons behind his confidence. The subject matter also ties in perfectly with the wider theme of our even— how to raise capital and how to spend it—that will include a focus on which markets are showing the greatest potential, whether that be the BRICs, the MINTs, or elsewhere.”

The main forum content will begin with the panel session, ‘How to raise it’, and examine today’s challenges in relation to investors’ pursuit of capital, the selection of fund managers and the impact of regulation on distribution lines.

The second session, ‘How to spend it’, will look at the opportunities fund managers are seeing in relation to alternative asset classes, risk appetite and market geography.

As well as the conference, there will also be an exhibition of Guernsey service providers, including fund administrators, custodians, multi-jurisdictional legal practices and global accountancy firms based on the island.
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