17 March 2014, 18:30 - 21:00
Munich City Hilton, Rosenheimer Straße 15, 81667, Munich, Germany
City University London and Sir John Cass Business School are pleased to invite all alumni and students to two unique Masterclasses in Munich followed by an alumni reception. This event will provide an excellent opportunity to meet fellow City and Cass Business School alumni and prospective students.There will be a choice of two Masterclasses depending on your area of expertise and interest.
• Dr Dirk Nitzsche: How should we choose our equity portfolio? Should we invest in mutual funds which have performed well?
• Dr Rhiannon MacDonnell: What effect does gender and attractiveness have on entrepreneurs' ability to raise funds?
18:30 - 19:00 Registration
19:00 - 20:00 Masterclasses
20:00 - 21:00 Networking and drinks reception
Synopsis of the Masterclasses
Dr Dirk Nitzsche: How should we choose our equity portfolio? Should we invest in mutual funds which have performed well?
Demographic changes and global economic competition will make it inevitable that the state in developed countries will need to rethink what it should provide for. Over the next decades we will see significant changes to funding of pensions, healthcare and higher education being passed on to the individual. To manage this transformation and to help individuals to save asset management will play an important role.
Today the global mutual fund industry manages more than $23 trillion of assets in thousands of funds. Which mutual fund should we pick? 80% of the industry is actively managed. Does it matter which one we chose? Should we pick a fund which has performed well in the past? Those are questions investors need to focus their attention more and more, in order to save for the future. This Masterclass will look at the question whether mutual fund performance is persistent and what retail investors should do.
Dr Rhiannon MacDonnell: What effect does gender and attractiveness have on entrepreneurs' ability to raise funds?
Fundraising is a challenge for entrepreneurs all over the world. Even more dramatically, the inability to access capital as an entrepreneur in a developing economy stifles economic growth and prevents individuals from moving out of poverty. The rise of micro-lending through portals like Kiva.org has created new opportunity to over 500,000 individuals, primarily at the discretion of first world donors lending $20 at a time. That such lending quite closely resembles a consumption transaction begs the question: are there systematic preferences for who gets funded, and if so should we be concerned or excited?
This Masterclass looks at the effects of gender and attractiveness on the ability to raise startup and expansion capital through micro-lending. Are males or females more apt to have a successful campaign, and are attractive entrepreneurs better (or worse) off? When, why and what are the implications?