Crane Data is preparing for its next live event, our "basic training" Money Fund University, which will take place December 18-19, 2023 at The Westin Jersey City Newport in Jersey City, New Jersey. Crane's Money Fund University is designed for those new to the money market fund industry or those in need of a concentrated refresher on the basics, but this year's event will feature a slightly higher level "Master's in Money Markets" agenda. The event also focuses on hot topics like money market fund regulations, money fund alternatives, offshore markets, and other recent industry trends. Our educational conference features a faculty of the money fund industry's top lawyers, strategists, and portfolio managers, and the Jersey City show will include a Holiday cocktail party and a free training session for Crane Data clients. We review the MFU agenda and some other upcoming conferences, including next week's AFP in San Diego, below. (We hope to see many of you at the AFP 2023 corporate treasury show in San Diego, Oct. 22-24! Visit us at Booth #749.)
Money Fund University offers a 2-day crash course on money market mutual funds, educating attendees on the history of money funds, the Fed, interest rates, ratings, rankings, and money market instruments such as commercial paper, Treasury bills, CDs and repo. We also cover portfolio construction and credit analysis. Registrations are $750 are still being taken, and the latest agenda is available here. (E-mail us to request the latest brochure, and make your hotel reservations soon!)
The morning of Day One (12/18/23) of the 2023 MFU agenda includes: History & Current State of Money Market Mutual Funds with Peter Crane of Crane Data; The Federal Reserve & Money Markets with Katie Craig of BofA; Ratings, Monitoring & Performance with Steven Johnson of Fitch Ratings and Marissa Zuccaro of S&P Global; and, Instruments of the Money Markets Intro with Pankaj Vohra of J.P. Morgan Securities.
Day One's afternoon agenda includes: Repurchase Agreements with James Bartle of J.P. Morgan Secs; Treasuries & Govt Agencies with Sue Hill of Federated Hermes and Matt Lachance of TD Securities; Commercial Paper & ABCP with Rob Crowe of Citi Global Markets; CDs, TDs & Bank Debt with Vanessa McMichael of Wells Fargo Securities; and, Credit Analysis & Portfolio Management with Keith Lawler of Dreyfus. (Note: Crane Data will host its Holiday Party alongside MFU. Clients and friends are welcome to join us at the Westin Jersey City Newport on Monday, Dec. 18 from 5-7:30pm!)
Day Two's (12/19) agenda includes: Money Fund Regulations: 2a-7 Basics & History with Brenden Carroll of Dechert LLP and Jamie Gershkow of Stradley Ronon; Money Fund Regulations: Latest 2a-7 Changes with Jon-Luc Dupuy of K&L Gates LLP and Brenden Carroll of Dechert LLP; European MMFs & Ultra-Short Funds with John Hunt of Sullivan & Worcester LLP and Peter Crane of Crane Data; and Money Fund Data & Wisdom Demo/Training with Peter Crane. The conference ends with its annual MFU "Graduation" ceremony (where diplomas are given to attendees).
New portfolio managers, analysts, investors, issuers, service providers, and anyone interested in expanding their knowledge of "cash" investing should benefit from our comprehensive program. Even experienced professionals may enjoy a refresher course and the opportunity to interact with peers in an informal setting. Attendee registration for Crane's Money Fund University is just $750, exhibit space is $2,000, and sponsorship opportunities are $3K (Bronze), $4K (Silver), and $5K (Gold). A block of rooms has been reserved at The Westin Jersey City Newport. (Please reserve before 11/17.)
We'd like to thank our current MFU sponsors -- BlackRock, Fitch Ratings, Silicon Valley Bank, TD Securities, Capitolis, Dechert LLP, Northern Trust and J.P. Morgan Asset Management -- for their support, and we look forward to seeing you in Jersey City in December! E-mail Pete Crane (pete@cranedata.com) for the latest brochure or visit www.moneyfunduniversity.com to register or for more details.
Crane Data is also preparing the preliminary agenda for our next Bond Fund Symposium, which will be held March 25-26, 2024, at the Loews Philadelphia Hotel in Philadelphia, Pa. Our Bond Fund Symposium offers a concentrated program for fixed-income managers and dealers with a focus on the ultra-short segment. Registration for Bond Fund Symposium is $1000; exhibit space is $2,000 (includes 2 tickets); and sponsorship opportunities are $3K, $4K, $5K, and $6K. Our mission is to deliver the best possible conference content at a reasonable price to bond fund professionals and investors.
We'll soon be making plans for our next "big show," Money Fund Symposium, which will be held June 12-14, 2024, at The Westin in Pittsburgh. (Let us know if you'd like details on speaking or sponsoring.) Also, mark your calendars for next year's European Money Fund Symposium, which will be held Sept. 19-20, 2024, in London, England. Watch for details on these shows in coming weeks and months.
Also, money market mutual fund distributors and cash managers will be travelling to San Diego, Calif. for AFP 2023, the Association for Financial Professionals' big annual gathering of corporate treasurers, which takes place October 22-24. AFP is the largest gathering of corporate investors in the country, attracting roughly 5,000 treasury management professionals, as well as a host of large banks and institutional money fund managers.
At AFP, sessions involving money funds and/or cash investing include: "An Inside Look Into Liquidity Investing Through Economic Uncertainty And Volatile Markets" with Patrick O'Callaghan of Goldman Sachs, Nicole Smith of Visa and Michael Nourafshan of Block; "The Hidden Power Of Cash: Meeting Yield Targets While Elevating DEI Efforts" with Cnote's Catherine Berman, Orange County Credit Union's Amber Cisneros and Edwards Lifesciences' Justin Skaria; "How Corporate Treasurers Can Invest With A Social Purpose" with Dolby Laboratories's Richard Lucero, Comcast's Richard Sculli, Opportunity Finance Network's Beth Lipson and Morgan Stanley's Scott Wachs; "Qualtrics' Approach To The Delicate Dance Between Liquidity, Risk And Investment Return" with Amanda Schmidt and Ben Amundsen of Qualtrics; and, "Commercial Paper: Fool's Gold Or Strategic Funding?" with Kalyn Matthews of Duke Energy Corporation, David Pellerin of Circle K and Garret Sloan of Wells Fargo Securities.
Finally, thank you once more to those who supported last month's European Money Fund Symposium, which took place Sept. 25-26 in Paris, France! Let us know if you'd like to see the binder from this show (available to clients only) or if you'd like more details on any of our events. We hope to see you in San Diego Monday, in Jersey City in December, in Philadelphia in March, in Pittsburgh in June or in London in September 2024!
