PRESS RELEASE
The WAY Group | Press Release: 4th January 2011 | For immediate distribution
Leading Cass Business School academics to unveil radical new investment protocols ahead of WAY Group/Hasley trend-following momentum Fund launches in 2011...
VENUE - Cass Business School (City University London), 106 Bunhill Row, London EC1Y 8TZ
DATE - Friday, 21st January 2010
TIME - 9.30am.
- Professors Steve Thomas(1) and Andrew Clare(2) key speakers at seminar to discuss radical, risk-managed approach to equity investment
- Setting the scene ahead of series of trend-following 'Momentum' funds
- Based on combinations of Exchange Traded Funds ("ETFs") and cash - low management fees.
A DYNAMIC new investment approach designed to underpin a series of high profile fund launches in 2011 will be unveiled early in the New Year as The WAY Group and Hasley Investment Management LLP join forces with leading academics from the UK's premiere investment research think tank.
In advance of a series of fund launches scheduled for 2011, Professors Steve Thomas and Andrew Clare, along with colleague Dr James Seaton of the Cass Business School(3) will be outlining the research principles behind the new funds.
Together with investment managers from both WAY and Hasley, the academics will be giving an in-depth presentation on the likely structure of the funds, which will be broadly based on combinations of Exchange Traded Funds ("ETFs") and cash.
A distinguishing feature of the funds is likely to be low management fees.
The funds are all subject to FSA approval, but it is hoped that the initial fund in the series, "Global Momentum", will be formally launched in February 2011.
Eddie O' Gorman, of The WAY Group, said that the seminar was the first step in a series of launches likely to alter the UK investment landscape. "There are some outstanding creative investment opportunities out there, and with this powerhouse of academic research as a dynamic driving force behind The WAY Group and Hasley's investment protocols, we believe investors will genuinely be provided with something fresh and beneficial to begin 2011."
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Footnote:
- Professor Thomas is a graduate of LSE and Southampton Universities in Economics and Econometrics and has published extensively in international research journals for over 25 years. He was recently ranked 11th in Europe for finance research since 1990. He has been a finance professor at the University of Wales and Southampton University prior to joining Cass, and a Visiting Professor at Queens University, Canada, and the ICMA Centre, Reading University, UK. In 1990 he was the Houblon-Norman Fellow at the Bank of England. For over 20 years he has been editor of Interactive Data's (formerly FT) credit rating publications; he has extensive experience in professional education and training in all areas of economics and finance for banks and related institutions and is an examiner for the Investment Management Certificate of UK SIP.
- Andrew Clare is the Professor of Asset Management at Cass Business School and the Associate Dean responsible for Cass's MSc programme, which is the largest in Europe. He is also the co-founder and chairman of Fathom Consulting, a leading London-based economic and financial market consultancy. He was a Senior Research Manager in the Monetary Analysis wing of the Bank of England which supported the work of the Monetary Policy Committee. While at the Bank Andrew was responsible for equity market and derivatives research. Andrew also spent three years working as the Financial Economist for Legal and General Investment Management (LGIM), where he was responsible for the group's investment process and where he developed LGIM's initial Liability Driven Investment offering. He has published extensively in both academic and practitioner journals on a wide range of economic and financial market issues. In a recent survey Andrew was ranked as the world's ninth most prolific finance author of the past fifty years. Andrew has also recently been appointed to the investment committee of the GEC Marconi pension plan; this committee oversees the investments and investment strategy of this £3.2bn scheme.
- Located in the heart of London's financial district, Cass Business School is a leading provider of business and management education. Its MBA is recognised globally as a market leader, and Cass has the widest portfolio of Specialist Masters programmes (MSc) in Europe; its Undergraduate School is one of the best in the UK. It is ranked in the UK's top 10 business and management research schools.
Associated Links:
Website: Cass Business School (City University London)
Website: Hasley Investment Management LLP
General & Press Enquiries:
Paul Wilcox, Chairman, The WAY Group. Tel: 01202 890895 / 07970 891762
Eddie O'Gorman, Sales & Marketing Director, The WAY Group. Tel: 01202 890895 / 07976 277286
Roderick Collins, Hasley Investment Management LLP. Tel: 01264 773155 / 07799 065425
Please Note:
This document is not intended to constitute an offer or agreement to buy or sell investments and does not constitute a personal recommendation. The investments and services referred to in this document may not be suitable for every investor and if in doubt independent financial advice should be sought. No liability is accepted whatsoever for any loss howsoever arising from any information in this document subject to the rules of the Financial Services Authority or the Financial Services and Markets Act 2000. Share prices, values and income can go down as well as up and investors may get back less than their initial investment.
The WAY Group | Press Release: 4th January 2011 | For immediate distribution