November 13 Meeting
November 13 @ 1:00 pm - 4:00 pm
|2:30-3:30||A Safe Port in a Storm|
A Safe Port in a Storm
presented by Kerry Pope, Fidelity Investments
After several years of growing economic growth, the red sky at morning is causing investors to take warning that the long anticipated recession may be finally washing up on the global shores. Negative rates and inverted yield curves are signals of the global slowdown that has been exasperated by trade disputes, Brexit, demographics and political instability.
Although the Federal Reserve and most other central banks are attempting to quell fears of uncertainty by lowering rates and adding liquidity to the system, their collective efforts to date have had little impact on bolstering sentiment and may even be contributing to the heightened anxiety. As a result, investors have been finding protection from increased volatility in money market funds and other near cash equivalents.
During this presentation Kerry will provide an overview of the dramatic shift in market conditions and investors reactions to the heightened uncertainty.
Members: No Charge
about the speakers
Kerry Pope, CFA,Institutional Portfolio Manager, Fidelity Investments
Kerry Pope is an institutional portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.
In this role, he provides strategy and communications to business partners regarding the management of Fidelity Institutional Asset Management (FIAM) Liquidity Management Solutions.
Prior to joining Fidelity in 2011, Mr. Pope was senior vice president of liability management at State Street Corporation, Treasury, from 2004 to 2008. Previously, he served as senior vice president of global money markets at State Street Corporation, FX Money Markets, for 10 years. He has been in the financial industry since 1986.
Mr. Pope earned his bachelor of science degree in business administration from the University of New Hampshire and his master of business administration degree in finance investments from Boston University. He is also a CFA® charterholder.