CIO Global Outlook Discussion
Wednesday, 25th January 2017
Join CIOs from leading financial companies in a discussion on the outlook for 2017.
How damaging if at all has been the fallout from the Brexit vote. Half a year later, is it still a cause for concern?
Have we now reached the bottom of the interest rate cycle or can evolution into negative rates be justified? If there is a change of direction, how quickly will interest rates go up from here? To what extent will rates eventually rise? To what extent will central banks tolerate inflation in this environment and what tools would they use to counter it?
What sectors should investors be looking at, at this point, this year?
Global Chief Investment Officer & President
Paul is the Global Chief Investment Officer and President for Alcentra. He sits on both the European and U.S. Investment Committees, and focuses on investment policy, portfolio positioning and risk management across the firm’s strategies and funds. His responsibilities also include managing firm and fund level risk as it relates to operational, counterparty and macro/systemic considerations.
Paul joined Alcentra in 2003, and has had numerous leadership positions. He was one of the firm’s original portfolio managers, successfully developing and launching new strategies, and he led Alcentra’s integration of BNY Capital Markets’ credit funds and Rabobank’s CLO business as well as the integration of the High Yield Bond business in Boston.
Prior to joining Alcentra, Paul was a Senior Analyst for the CDO operations of Intermediate Capital Group. Between 1995 and 2001, Paul worked at Deutsche Bank, originally in London for the Leveraged Finance Team. At this time, Deutsche (Morgan Grenfell) was the leading underwriter of European LBOs. In 1998, Paul was seconded to New York, where he worked on financial sponsor coverage and latterly in the bank’s telecom division.
Paul originally trained as a chartered accountant in the audit division of Arthur Andersen and, before joining Deutsche, built up a successful portfolio of mezzanine and development capital loans with FennoScandia Bank, the London operation of a Scandinavian consortium bank.
Paul graduated from Cambridge University with a BA (Hons) in Economics.
Since completing a Masters degree in quantitative economics in 1981, Richard Jeffrey has worked as a professional macro-economist and market strategist in the City of London.
In 2008, Richard joined Cazenove Capital Management, and in January 2009 he was appointed Chief Investment Officer. Prior to joining Cazenove, Richard helped build a media-focused securities business within the Ingenious Group. Richard is a Fellow of the Royal Society of Arts (FRSA) and a City Fellow of Hughes Hall, Cambridge. He is a frequent broadcaster on radio and television and has written for various newspapers and magazines. Richard has also been a member of the Council of Economic Advisers to the Conservative Party.
Bedrock Asset Management
AXA Investment Managers
AP Anlage & Privatbank AG
Zurich Insurance Pension Fund
Notenstein Private Bank
Horizon Asset Management
Lyxor Asset Management
Oddo Asset Management