15 мая 2007 г.

What Old Age?

CFA Association (Russia) invites you to participate in its regular breakfast meeting
with Christian Dreyer, CFA
Tertium Datur AG,
The event will take place on Tuesday, May 15, 2007,
at 9:00am in the IFC Moscow office.


Assets under management of institutional investors are set to surpass those of the aggregate banking system soon, according to the Bank for International Settlements (BIS). The lion's share of such assets is dedicated to retirement provision, which represents one of the most pressing challenges to industrialized economies, given their increasing life expectancy and falling fertility. In his presentation "What Old Age?", Chris Dreyer, CFA,  is going to discuss current developments in European pensions. Starting from established models, he is going to address the macroeconomic significance as well as issues going forward, and business opportunities for the asset management industry in the capital accumulation stage, never loosing sight of governance which needs to be entirely focused on managing the assets in the sole best interest of beneficiaries. Chris Dreyer will try to apply these precepts to the retirement situation ! in Russia and hopes for a lively discussion with the audience


Christian Dreyer, CFA is a managing partner of Tertium datur AG, a consultancy specializing in pan-European pension issues (http://www.iorp.eu/) with a specific focus on asset management and accounting. He is currently Past President of the Swiss CFA Society (http://www.scfas.org/). Previously he was CFO of an IT services outsourcing company. Before that, he was heading a financial analysis unit. He holds an M.A. in political economy from the University of St. Gallen and an LL.M. in European Law from Edinburgh University. He is a Swiss national and lives near Basle, Switzerland. He is a member of the IASB's Analyst Representatives Group and gave presentations to IASB events on several occasions.

This meeting will be a good opportunity to learn about pension system in Europe and understand whether certain concepts are might be applied (or have to be applied) in Russia in some near future.

The meeting will be hosted at the IFC offices: 36 Bld. 1. Bolshaya Molchanovka Street, Moscow

Please RSVP to Kristina Zaitseva at kzaitseva@cfarussia.ru (or by replying to this message)

Tea/coffee will be served - 100rbls members, 150rbls non-members

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