AFP Conference, San Diego, Oct. 15-17
Money market mutual fund distributors and corporate cash managers are making preparations for AFP 2017, the Association for Financial Professionals' gathering of Treasury Managers, which takes place this year in San Diego, Oct. 15-17. Sessions involving money funds and cash investing include: Perspectives on Liquidity Investing, which features Scott Wachs from Morgan Stanley, Kimberly Kelly-Lippert from American Honda Motor Company, Chris Ginieczki from NVIDIA Corporation, and Karen Mercer from AARP. Its description says, "Post-SEC money market fund reform, institutional cash investors have encountered challenges in investing and diversifying their cash holdings in the short-term space. Join this expert panel as they provide a background on market dynamics and share their perspectives on liquidity investing and provide best practices to support your investment practices, manage changes in market liquidity, select the right investment products and cope with a volatile regulatory environment." Another session is entitled, "Disruption: Turning Change into Opportunity in Liquidity Management Practices," which features Jason Granet of Goldman Sachs Asset Management, Geoffrey Nolan of Qualcomm, and Rene Bustamante of FedEx Corporation. A third session, "Trapped Cash and Other Pitfalls of Managing Global Balances," involves Tom Wolfe from Marriott Vacations Worldwide Corporation, Sanford Pallotta from Rockefeller Group International, Inc., and Josh Ormond from J.P.Morgan. Yet another session, "When Cash Comes at a Cost: Efficient Methods for Managing Global Cash in Today's Regulatory Regime," includes: Geoffrey Nolan of Qualcomm, Jamie Cortas of Dell, and Beccy Milchem of BlackRock. Finally, the last cash session, "The Return of Returns: Transforming your Investment Strategy for a Nonzero Interest-Rate World," features Dana Laidhold of The Carlyle Group, Zeke Loretto of eBay Inc., and Garret Sloan of Wells Fargo Securities, LLC. The description says, "Since 2008, the decision to "sit in cash" has had little impact on the performance of treasury portfolios. But the long, cold winter of zero interest rates has begun to thaw. To capitalize on these changes, treasury teams need to: 1) develop a new investment strategy for a shifting interest-rate environment, 2) have a clear picture of the company's liquidity position, and 3) communicate investment strategies effectively with senior leaders. Hear from the treasurer of The Carlyle Group and eBay's head of global investments as they discuss developing their post-2008 investment policies and strategies, optimizing the treasury investment function for a non-ZIRP world, and best practices for building world-class treasury investment programs." We hope to see you in San Diego, and please stop by Crane Data's booth (#1101) if you're at the show!
