Appropriately, in the wake of the string of inauspicious events in the global financial sector since investment bank Lehman Brothers filed for bankruptcy last month, organisers of next week's Wealth Management Conference 2008 have chosen as the main themes: 'turning adversity into opportunity', 'enhancing knowledge for sustainability', and 'maintaining client confidence in a volatile economy'.
The fourth edition of the conference, at the Conrad Hotel on Thursday, will cover the latest in investment and business strategies of Hong Kong's private banking and wealth management industry. It caters for wealth management industry practitioners who advise clients on asset allocation, product selection, or who sell directly or facilitate the sale of wealth management products to clients.
About 100 senior executives, including chief executives, investment specialists, independent financial advisers, insurance agents, legal practitioners, fund managers, product managers, compliance officers, and regulators are expected to attend the benchmark event for the industry.
Highly regarded for opportunities to network and for providing analysis of complex issues, the conference aims to bring together industry professionals to debate current trends and establish industry best practices to enable Hong Kong to continue to be the hub for Asian and global wealth management.
Organisers are aiming to provide participants with information to help them develop and hone strategies in response to the migration of clients to safe haven institutions and asset classes, to understand wealth management in the mainland, and to develop long-term success in private banking in the new environment. The organisers also aim to help participants discover new opportunities as clients become more sophisticated, explore strategies in alternative investments, and to help them develop philanthropy as a concept for an Asian clientele.
Those attending the conference will be able to receive continuous professional development points, including six continuous professional training credit hours towards SFC certifications, and six continuous education hours from the Institute of Financial Planners Hong Kong (IFPHK).
Yvonne Ho, managing director of professional training firm and event co-organiser Courses & Seminars, said the triple-edged theme was chosen because maintaining client confidence was the key to sustainability in wealth management.