Two wildly different ones, but together they will exert a massive influence on economic growth and the outlook for the world economy for generations, according to economist and author Dambisa Moyo, in her address at the CFA Institute Middle East Investment Conference 2016 in Bahrain.
20 April 2016
Did you exercise this morning? Perhaps you ran a few miles or completed several circuits in the gym? How about your brain? Did you exercise that, too?
I’m guessing not, so here’s a little exercise to get you going: I want you to memorize these 15 words: monkey, iron, rope, kite, house, paper, shoe, worm, envelope, pencil, river, rock, tree, cheese, quarter. You’ve got five minutes. Don’t write anything down. Ready, set, GO!
19 April 2016
Why has the post-crisis recovery been so disappointing? Are we stuck in a world of diminished prospects and subdued demand?
These were the key questions Lord Adair Turner, chairman of the Institute for New Economic Thinking and author of Between Debt and the Devil, sought to answer in his wide-ranging keynote address at the 2016 Middle East Investment Conference in Bahrain. And his responses, while nuanced, offered some hope — and potential solutions — for the global economy in the years ahead.
15 April 2016
“Uncertainty creates volatility,” he explained during his presentation at the 2016 Middle East Investment Conference. “Markets like good news. Markets dislike bad news, but markets hate uncertainty.”
14 April 2016
In early 2015, an ongoing slump in oil prices had experts discussing whether the decline was structural or cyclical in nature. Later that year, headlines announced that sovereign wealth funds managed by oil-rich countries were selling some of the assets in their portfolios, possibly in an attempt to fill gaps in national budgets hit by low commodity prices. Conversations about diversifying into non-petroleum–based sources of revenue had been ongoing in the Middle East and North Africa (MENA) region for some time, but at the start of 2016, Saudi Arabia announced that it would consider selling shares in the state-owned Saudi Aramco oil company.
4 April 2016
18 March 2016
In a world of bewildering informational complexity, an understanding of the ways that people, power, personal preferences and geography converge to influence future trends is essential to management success. Studying these convergences is better known as geopolitical analysis. Careful application of the precepts of geopolitical analysis not only provides insight into current events, but also sometimes leads to accurate predictions of future events. To some degree, many investors appear to be aware that geopolitics is important.
14 March 2016
What are the factors to look at when considering current global demographic shifts as part of an investment strategy? Global economist and author Dambisa Moyo feels that “Human capital will be both a key source of challenge and of opportunity for enhancing the prospects for long-term global prosperity.” Unfortunately, from Moyo’s perspective, “We don’t treat it that way.” Read More
24 February 2016
This April, the 2016 Middle East Investment Conference, Beyond Borders: MENA’s Role in the Global Economy, will convene amid a market maelstrom of volatile oil prices, negative interest rates, geopolitical drama, and national budget revisions. Ahead of the event, we are delighted to share some thoughts published in CFA Institute’s Conference Proceedings Quarterly by speakers at some of our recent events.
19 January 2016
The 2016 CFA Institute Middle East Investment Conference will take place in Manama, Bahrain on 13 April, bringing together international thought leaders, policymakers, industry experts, and key market participants to consider the Middle East and North Africa (MENA) region and its role in the global economy.
Last year’s conference, which was held in Kuwait, included an overview of global economic conditions presented by Nouriel Roubini, a discussion of geopolitics and what its comeback means for investors facilitated by Philippa Malmgren, and an examination of the demographic dividend that could await the Middle East led by Amlan Roy.
The 2016 conference will feature sessions with the following speakers:
- Lord Adair Turner, former chairman of the UK Financial Services Authority, who will share his insights on the role of regulators in a changing global economy
- Author and economist Dambisa Moyo, who will discuss investment strategies in a world of technological and demographic shifts
- Willis Sparks, director of global macro at Eurasia Group, who will provide an analysis of MENA’s current internal political dynamics and a review of long-term geopolitical trends
Co-hosted by CFA Society Bahrain and CFA Institute, the 2016 CFA Institute Middle East Investment Conference offers a unique opportunity for delegates to gain firsthand insights from leading experts and network with like-minded peers. Register now to attend the event and join us in Bahrain this April.
Keep up with information and updates about this event by subscribing to the Middle East Investment Conference blog.
All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.