AK 04: Cash in spite of a crash? The role of alternative investments for private investors
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Hauptschule
Breakout
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in englischer SpracheFrom privately financed pensions to investments for their children, an ever-growing number of private investors are discovering the financial market for their purposes. However, their options are rather limited and risky: the bursting of the dot-com bubble and stock market turbulences have caused small investors significant losses. Against this backdrop, alternative asset classes, such as managed futures, can prove an ideal complement to any portfolio and an appropriate method of risk diversification. The working group will examine the various types of alternative investments and the different options of risk diversification available to private investors. Furthermore, implications for European policy-makers and the European financial market will be discussed.
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Dkfm. Dr. Hannes BAUER
Spokesperson for Economic Matters; Member of the Austrian Parliament, Austrian Social Democratic Party (SPÖ), Vienna
| 1968-1972 | Geschäftsführer im Wirtschafts- und Sozialbeirat |
| 1972-1985 | Leiter der Planung in der Österreichischen Industrieholding AG (ÖIAG) |
| 1986-1987 | Staatssekretär im Bundesministerium für Handel, Gewerbe und Industrie |
| 1987-1991 | Konsulent im Bankenbereich |
| 1991-2000 | Verschiedene Funktionen im Niederösterreichischen Landtag und der Niederösterreichischen Landesregierung, zuletzt Landeshauptmann-Stellvertreter |
Dr. Mathias BAUER
Chief Executive Officer, Raiffeisen Capital Management; President of the European Fund and Asset Management Association (EFAMA), Vienna
| Diplom- und Doktorratstudium der Volkswirtschaftslehre, Wirtschaftsuniversität Wien | |
| Dissertation in Volkswirtschaftstheorie | |
| Vertragsassistent im Institut für Absatzlehre | |
| 1985-1986 | Genossenschaftliche Zentralbank AG, Assistent des Leiters der Wertpapierabteilung |
| seit 1986 | Raiffeisen Kapitalanlage-Gesellschaft m. b. H. (KAG) - Muttergesellschaft der Gruppe "Raiffeisen Capital Management" |
| 1986-1989 | Assistent der Geschäftsführung |
| 1989-1990 | Prokurist |
| seit 1990 | Geschäftsführer |
| 1992-2007 | Präsident der Vereinigung Österreichischer Investmentgesellschaften (VÖIG) |
| 1996-2002 | Zusätzlich Geschäftsführer der Raiffeisen Vermögensverwaltungsbank AG (RVG) |
| seit 2002 | Zusätzlich Geschäftsführer der Raiffeisen International Fund Advisory |
| Geschäftsführungszuständigkeit für die Bereiche: | |
| Auslandsgeschäft, Operations, Recht&Steuern, Personal, Public Relations, Verbandsangelegenheiten | |
| Diverse Aufsichtsratsfunktionen | |
| Vertretung der Raiffeisen KAG in der Vereinigung Österreichischer Investmentgesellschaften (VÖIG) | |
| seit 2005 | Vorsitzender der Geschäftsführung der Raiffeisen KAG |
| seit 2007 | Präsident der European Fund and Asset Management Association (EFAMA) |
| Vizepräsident der Vereinigung Österreichischer Investmentgesellschaften (VÖIG) |
Jean-Pierre CASEY
Associate Research Fellow, Centre for European Policy Studies (CEPS), Brussels
| Played a key role in the Markets in Financial Instruments Directive (MiFID) implementation across Barclays Wealth and led a fundamental overhaul of the conflicts of interest governance framework in Wealth, including on inducements. His main area of focus is the Investments and Products Office, where he looks after the Alternative Investments, Research, Investment Management and Commercial Management teams from a Compliance angle. He has been involved in a wide variety of product launches in the alternative investments space (open- and closed-ended hedge funds, funds of hedge funds, private equity funds, property funds and structured notes wrapped around these investments), including the definition of proper product governance related to the investment process, sales process and marketing restrictions around these investments, whether for advised sales, or allocation to discretionary or advisory investment managed portfolios. He remains actively involved in the ongoing dialogue with the Financial Services Authority (FSA), the European Commission, European Parliament and the Committee of European Securities Regulators (CESR) on facilitating a regulatory framework that is conducive to the development of retail-oriented alternative product. | |
| Prior to joining Barclays Wealth, he was Head of Research of the European Capital Markets Institute, specialising in the analysis of the impact of financial regulation on business models and market structures. He has published a number of books, papers, reports and articles and spoken at conferences on financial regulation across the globe. |
Mag. MBL-HSG Othmar KARAS
Member, Group of the European People's Party (Christian Democrats), European Parliament, Brussels
| Hochschulen | |
| 1996 | Universität Wien, Sponsion zum Mag. phil. (Grund- und Integrativwissenschaftliche Fakultät) |
| 1997 | Hochschule St.Gallen, Sponsion zum M.B.L. (Postgraduate) (Europäisches und internationales Wirtschaftsrecht) |
| 2013 | Donau-Universität Krems, Ehrenprofessor |
| Berufliche und politische Funktionen (Auszug) | |
| 1979-1981 | Politischer Referent der ÖVP |
| 1981-1995 | Leitender Angestellter im Banken- und Versicherungssektor |
| 1983-1990 | Abgeordneter zum Nationalrat |
| 1995-1999 | Generalsekretär der ÖVP |
| seit 1999 | Mitglied des Europäischen Parlaments |
| seit 2007 | Lektor, Institut für Politikwissenschaft, Universität Wien |
| Europäisches Parlament | |
| 1999-2004 | Präsidiumsmitglied und Schatzmeister der EVP-Fraktion |
| 2002-2004 | Wirtschaftssprecher der EVP-Fraktion |
| 2004-2011 | Vizepräsident und Schatzmeister der EVP-Fraktion |
| seit 2004 | Präsident der SME Intergroup |
| 2006-2009 | Obmann des ÖVP-Europaklubs |
| 2009-2013 | Präsident der Kangaroo Group |
| seit 2010 | Berichterstattung zu Basel III und die Überarbeitung der Richtlinien über Eigenkapitalanforderungen (CRD 4) |
| seit 2011 | Obmann des ÖVP-Europaklubs |
| 2012-2014 | Vizepräsident des Europäischen Parlaments |
Mag. Markus WEIGL
Geschäftsführer, Superfund Consulting GmbH, Wien
| 1988-1994 | University of Vienna; Bachelor of Arts degree |
| 1991-1992 | Editor, Anchorman, Antenne Austria - Private Radio Station, Vienna |
| 1993-1995 | UTEC Vienna, Wiener Internationale Zukunftskonferenz: Administration, PR, Marketing |
| 1995-2000 | ABS Vermögensverwaltungsges.mbH Vienna: Sales assistant to Man Dir. Administration, PR |
| 2000-2004 | Superfund Asset Management GmbH; responsibilities included the areas legal and compliance, finance and controlling, as well as administration |
| since 2001 | Director, Quadriga Superfund Sicav, Luxembourg |
| 2004-2007 | Managing Director, Superfund Group Monaco SAM, Monaco |
| since 2005 | President, Superfund Towarzystwo Funduszy Inwestycyjnych S.A, Warsaw |
| since 2007 | Managing Director, Superfund Vermögensveranlagungs AG, Vienna |
| since 2009 | Managing Director, Superfund Consulting GmbH, Vienna |
Dr. Christoph WIESMAYR
Board Member, Association of Foreign Investment Companies in Austria; CEO, Consulting Company Wiesmayr & Partner, Vienna
| 1991-1994 | Die Erste Invest - Consult GesmbH (trading operation of Erste Bank): chief trader equity and equity derivatives |
| 1994-1996 | Die Erste Kapitalanlage GesmbH (fund management company of Erste Bank): fund manager; implementation of risk management and performance measurement |
| 1996-1999 | Erste Bank, Head of Central Risk Management. Responsibility: building up a group risk management function for market, credit and operational risks |
| 2000-2001 | Erste Sparinvest KAG, Managing Director: Responsibilities include fund management in asset classes Fixed Income , and Fund of Funds ; IT; risk management, and performance measurement. |
| 2002-2005 | SMN Investment Services GmbH (hedge fund company, investment styles "Managed Futures" and "Hedge Fund of Funds", Managing Director, COO). Responsibilities include risk management, group controlling, group operations, compliance, legal |
| since 2005 | Wiesmayr & Partner GmbH, founding partner. Wiesmayr & Partner is a consulting company specialized in risk management, asset management, and regulatory consulting |
Mag. Waltraud KASERER
Business Editor, Format, Vienna
| Ressortleiterin Ausland, Wirtschaft & Finanzen, WELT am SONNTAG, Berlin | |
| Teamleader Online, Financial Times Deutschland, Hamburg | |
| Ressortleiterin Wirtschaft, Spiegel Online, Hamburg | |
| Wirtschaftsredakteurin, Der Standard, Wien | |
| Mitarbeiterin Marketing&Produktentwicklung, Österreichische Termin- und Optionenbörse, Wien | |
| Anlageberaterin, Bankhaus Carl Spängler & Co, Salzburg |
