Amex expert conducts seminar
Dubai, October 24, 2007
One of the world’s leading economists John Calverley has commenced a two-day educational seminar in Dubai for the clients of American Express Bank’s Global Wealth Management division, addressing trends in global investment.
Calverley, the chief economist and strategist of American Express Bank, is also renowned for his expertise on housing bubbles and has authored “Bubbles and How to Survive Them,” which predicted the boom and bust in US housing.
“In fast-growing emerging markets with high liquidity, there is a natural propensity to focus on short-term, high-return investments. However, the recent global volatility highlights the need for investors to build a diversified portfolio that is sustainable in the long term. Through seminars American Express Bank offers to clients, such as today’s event in Dubai, we aim to educate investors on the merits of viewing the bigger picture,” said Calverley.
The seminar was developed specifically for the bank’s high-net-worth clients, along with their spouses and adult children, and consists of eight modules ranging from the basics of capital markets to advanced fiduciary and trust structures and challenges for investors in the face of economic cycles, valuations and bubbles.
Calverley has been with American Express Bank for 25 years and currently heads its Global Economics Unit. He is responsible for advising the bank and its clients on economic and market trends.
He is also an advisor to the CFA Institute and a contributor to the CFA training program on Capital Market Expectations. He is a Fellow and former Chairman of the UK Society of Business Economists, and a Council member of the European Money and Finance Forum. Calverley is based in Toronto.
As part of its global educational programme, the Global Wealth Management arm of American Express Bank has been successfully running “Financial Insights” seminars for clients along with their spouses and adult children all over the world.
These courses enable participants to learn from industry experts about the basics of investment, the world’s capital markets and estate planning. The most recent seminar was held in London this summer.- TradeArabia News Service