Avoid Market Whiplash with Defined Outcome Investing – NYL Investments – 5.14.20

Summary:

Now On Demand.

The nationwide shutdown due to novel coronavirus caused the S&P 500 to drop almost 30% from its record highs in early March¹. Since the market bottom on March 23^rd, investors have experienced unprecedented volatility, including daily market swings not seen since the stock market crash of 1929². In recent weeks, markets have begun to climb, now sitting only 15% from all-time highs. Where will we go from here?

Help your clients avoid investment whiplash. With defined outcome investing, clients can invest with a clearer understanding of the potential for upside or downside versus the broad market. At this upcoming webcast, we will discuss:

• An overview of the current market environment and the two most likely outcomes
• Benefits of Defined Outcome investing in today’s market
• How to access Defined Outcome investing

Speakers:

Steve joined m+ funds in April, 2017 and is responsible for business development activities. He has over 28 years of industry experience having worked primarily in both the Wealth Management segments and in Capital Markets/Derivatives businesses.

Steve started his career with PaineWebber working in the Mortgage-Backed Securities group. He then joined Bankers Trust Company in the Fixed Income Derivatives group and spent approximately 7 years with the firm being located in both New York and Hong Kong. Steve then spent ten years with Merrill Lynch where he worked in both New York and in Tokyo. While at Merrill he co-headed the firm’s Private Client Structured Investments business, as well as the firm’s Private Client Alternative Investments business.

Steve was then recruited by Barclays Bank to oversee their Americas Wealth Management business. He spent 6 years with Barclays during which time he was also appointed to the Board of Directors of Barclays Capital Inc. At the end of 2015, Steve helped execute the sale of his division (the Americas Wealth Management business) to Stifel Financial where he then spent approximately 1 year, prior to joining m+ funds.

Steve holds his undergraduate degree from the University of Texas, Austin and his MBA from Columbia University.

John Lloyd CFA, FRM, CAIA is a Managing Director at New York Life Investments. He joined New York Life Investments in 2016. He is the Head of the Advisory Consulting Group and interim head of the Central Division for Retail Distribution. Prior to joining New York Life, Mr. Lloyd was a Managing Director at Credit Suisse for 12 years. During his tenure he oversaw various segments of the Private Bank including Portfolio Construction, Swiss Custody, Institutional Consulting, Manager Research and Managed Accounts.

Prior to Credit Suisse, he was at Merrill Lynch in the Global Research and Private Client groups where he researched equity and fixed income investment strategies and served as the head of development for the manager research systems. Prior to Merrill Lynch, Mr. Lloyd managed the software development of the equity and fixed income analytic libraries at Reuters, PLC.

He is a CFA charterholder, and a member of the New York Society of Security Analysts and the CFA Institute. He holds the Financial Risk Manager (“FRM”) designation and is a member of the Global Association for Risk Professionals. Mr. Lloyd also holds the Chartered Alternative Investment Analyst (“CAIA”) designation, is a member of the CAIA Association and holds the NASD Series 7, 24 and 66 licenses. Mr. Lloyd graduated with a B.S. in Finance and an M.B.A. in Quantitative Analysis from St. John’s University.