The panelists emphasized the importance of individual risk models and an “objectives-based” approach towards designing client specific portfolios
Palm Beach, FL (PRWEB) October 27, 2012
Al Bhatt, newly appointed Chief Investment Officer of Coral Gables Trust Company, a leading South Florida wealth management and trust company, headlined a panel at the Ivy Family Office Network Forum held on October 16th, at the Phillips Point Club in Palm Beach, FL. The Forum is part of an international and continuous dialogue with family offices to provide high value education and information on trends for family office investing, structure and operational excellence. The Ivy Family Office Network is one of the leading global family office networks with more than 500 family offices attending their events within the past 12 months.
Some of the more than 1,000 past speakers have included 5 of the top 10 leading asset allocating consultancies, pre-eminent alternative investment funds, best in class asset management professionals, family office subject matter experts and world class family offices.
Al Bhatt headlined the session on “Portfolio Construction 2012 and Beyond” with panelists Kevin Simpson, Portfolio Manager at Capital Wealth Planning, Pat Antonetti Managing Partner of Antonetti Capital and Clay Dunnagan, Managing Partner of Anchor Capital Management.
“We opened with a discussion of the historical approaches to portfolio construction based on pre-2008, 60-40 equities models and reviewed the evolution of portfolio construction models available to investors” said Bhatt. “We then went on to assess the various array of strategies available to high net worth investors ranging from traditional, long only equities and fixed income to alternative assets and ETFs. I found the critical assessment of active management strategies relative to passive implementations quite interesting. In addition, the drill down into various portfolio implementations featured excellent summaries of the benefits and complexities,” said Bhatt.
“The panelists emphasized the importance of individual risk models and an “objectives-based” approach towards designing client specific portfolios. Likewise we considered additional complexities from multi-generational families and multi-locations and the liquidity needs of these groups” Bhatt said. “Finally, we discussed different allocation models spanning liquid and illiquid approaches as well as the more classic or barbell approaches towards investing” he added.
Other Forum sessions covered a variety of topics, including those designed to help attendees successfully prepare for potential changes that might occur as a result of new SEC initiatives; other regulation, changes to tax codes, political impact of the upcoming election and other family office centric topics.
According to event producers The Ivy Family Office Network, ivyFON, their Forums are developed as an ongoing dialogue with family offices on an international basis. IvyFON’s expertise is an outgrowth of leading one of the United States’ oldest and largest alternative investment networks, the IvyPlus network. The IvyPlus network was started as a private equity, real estate and hedge fund network consisting primarily of Ivy League alumni but inclusive of other participants who had attended more than 50 globally comparable programs or through merit are worthy participants in the program. More than 10,000 people have attended IvyPlus forums globally.
Attendees emerged from the Forum with practical strategies and solutions to achieve both short and long-term objectives. The program featured off-the-record, peer-to-peer discussions in a non-commercial setting, in-depth and highly interactive sessions addressing organizational structure, family dynamics and succession planning, and granular investment sessions covering the latest asset classes and strategies.
Al Bhatt has over 25 years experience building the investment strategy and managing institutional multi-asset class portfolios for high-net worth private clients. Mr. Bhatt’s recent experience has been in South Florida as the Chief Investment Officer for a well known multi-family office and as Chief Investment Officer for a prominent hedge fund of funds. Earlier in his career, Mr. Bhatt was the Director of Alternative Investments at SEI Investments, a publicly traded company (SEIC) providing manager of manager investment solutions to institutional, high-net worth and financial advisor clients. Mr. Bhatt was also a Partner at Greenfield Capital, a European-based private equity firm focusing on fund of fund investments as well as direct and co-investment opportunities in the U.S.
Mr. Bhatt began his professional career with Cornerstone Research, a leading financial and economic consulting firm, where he had considerable managerial responsibilities and participated in the creation of the Financial Institution, Real Estate and Technology Groups. His academic training is in Economics with a Masters from Stanford University and his B.A., from Union College
About Coral Gables Trust
Coral Gables Trust Company is a leading provider of wealth management and trust services in South Florida. Founded in 2004 as a locally owned and operated independent trust company, Coral Gables Trust serves a client base, ranging in size from $1 million to over $50 million; which includes affluent individuals and families, small to medium sized companies, foundations, and pension and endowment funds. We strive to provide totally conflict-free services to our clients, combining personalized advice and service, open-architecture (no proprietary products), asset based fees, and a culture totally devoted toward putting our clients’ interests first.
Coral Gables Trust was voted Best of Miami by Miami Today and voted for the third consecutive year Best Trust Company in Coral Gables 2012 by the United States Commerce Association (USCA). We were also recognized as a “Top Florida Trust Firm” in April 2012 by Florida Trend, placing Coral Gables Trust among the sector’s elite. http://www.cgtrust.com
For More Information on the Ivy Family Office Network, contact them at http://ivyfon.com/contact.html