Post-Election: Investment Strategies for a Divided Government and Uncertain Markets – NYL Investments – 11.19.20

Summary:

Now On Demand.

The highs and lows of the 2020 investment landscape have been extreme, as nonstop COVID news and a polarizing election have tested markets and our nation’s resolve. How do investors build the portfolio resiliency required for success? In its latest webcast, New York Life Investments has partnered with senior political commentator from the Washington Update, Jeff Bush, to provide his strategic views on how new president elect Joe Biden and a divided government will impact Wall Street. Joining the panel are seasoned investment professionals Robert DiMella from MacKay Municipal Managers’, and William Priest of Epoch Investment Partners. These experts share their perspectives on strategies that can help navigate current markets, where to find opportunities, and how to build resilient portfolios for this investment climate.

Topics to be discussed:

• Macroeconomic conditions
• Economic Impact of 2020 Election
• Drivers of long-term performance
• Attractive investment opportunities in today’s market
• Strategies to navigate the current market environment and key risks to consider

Speakers:

A dynamic and insightful speaker and author, Jeff Bush is known for his unique ability to translate difficult and confusing information coming out of Washington D.C. into winning growth strategies for business owners, executives and high net worth investors. Jeff is a colleague of Andy Friedman and an integral part of The Washington Update, the industry’s NONPARTISAN experts on all things Washington.

Jeff presents more than 200 times yearly in the US and abroad to a client base that includes a who’s who list of fortune 500 firms from Wall Street to Main Street and everywhere in between.

Jeff frequently appears on CNBC’s Nightly Business Report, featured in various industry publications, including Investment News, and a guest on POTUS Sirius/XM Radio.

While Jeff is best known as a keynote speaker, he has shared the stage with many notables, including Vice Chairman of the Federal Reserve, Stanley Fischer, Ron Insana, a reporter for Market Score Board and former Senior CNBC Analyst, Consuelo Mack, host of Wealth Track, Jeffrey Applegate, CIO for Morgan Stanley, Robert Reynolds President and CEO of Putnam Investments, and John Theil, former Vice Chairman of Global Wealth Management at Bank of America.

Jeff is a 30+ year veteran of the financial industry. By the end of his career on Wall Street, he was managing a $50+ billion sales organization. Before that, Jeff was the youngest managing partner in the 150-year history of The New England Financial.

Jeff holds a bachelor’s degree in Business Administration/Management with an emphasis in Accounting, computers, and philosophy from William Jewell College.

Jeff’s dedication, forward thinking, and strategic abilities have resulted in performance records, industry awards, and industry accolades.

Bob joined Mackay Shields in July 2009 when the firm acquired the assets of Mariner Municipal Managers LLC. He was the President and co-founder of Mariner Municipal Managers from 2007 to 2009. Bob has been a municipal portfolio manager since 1992, with a broad range of trading and portfolio management experience in the municipal markets.

Bob was a Managing Director and Co-Head of BlackRock’s Municipal Portfolio Management Group (from 2006 to 2007). Prior to BlackRock’s merger with Merrill Lynch Investment Managers, he served as a Senior Portfolio Manager and Managing Director of the Municipal Products Group. He was employed by Merrill Lynch from 1993 to 2006.

Bob is a member of the firm’s Senior Leadership Team. Bob earned his Master’s degree at Rutgers University Business School and an undergraduate degree at the University of Connecticut. He is a CFA Charterholder.

Bill is Executive Chairman and Co-Chief Investment Officer of Epoch Investment Partners. He is a portfolio manager for Epoch’s global equity investment strategies and leads the Investment Policy Group, a forum for analyzing broader secular and cyclical trends that Epoch believes will influence investment opportunities. Prior to co-founding Epoch in 2004, Bill was a Co-Managing Partner and portfolio manager at Steinberg Priest & Sloane Capital Management, LLC for three years. Before joining Steinberg Priest, he was a member of the Global Executive Committee of Credit Suisse Asset Management (“CSAM”), Chairman and Chief Executive Officer of CSAM Americas and CEO and portfolio manager of its predecessor firm, BEA Associates, which he co-founded in 1972. During his 30 year tenure at BEA and CSAM, he developed the firm into a well-recognized investment manager with over $100 billion under management.

Bill is the author of several published articles and papers on investing and finance, including the books The Financial Reality of Pension Funding Under ERISA, Free Cash Flow and Shareholder Yield: New Priorities for the Global Investor, which details the underpinnings of Epoch’s investment approach, and the more recent Winning at Active Management, published by John Wiley & Sons. He holds the Chartered Financial Analyst designation, is a former CPA and a graduate of Duke University and the University of Pennsylvania Wharton Graduate School of Business. He is a member of the Council on Foreign Relations.

Ian Forrest is the Global Chief Marketing Officer (CMO) of New York Life Investment Management (NYLIM). He is responsible for NYLIM’s marketing strategies across its entire business, including the firm’s U.S. intermediary and global alternatives and institutional efforts.

Mr. Forrest is a recognized global leader in developing transformational marketing organizations. He served as Managing Director and Chief Marketing Officer for the EMEA region at BlackRock Asset Management. In that role, he was responsible for a large marketing team that launched lead generation programs across multiple countries and revamped BlackRock’s digital presence, including social media and web properties. He also led the implementation of a new marketing technology platform that seamlessly integrated with the firm’s Client Relationship Management System.

Previously, Mr. Forrest held several executive roles at GE, including Chief Marketing Officer, GE Capital – GE’s global finance arm, where he helped restore their middle-market lending business following the financial crisis, as well as Chief Marketing Officer positions with both GE Software and GE Appliances. He also served in senior brand and marketing roles with GE Capital in Prague and Dublin.

Mr. Forrest earned an MBA in Strategy and Marketing from the Peter F. Drucker Graduate School of Management and a BS in Economics from the University of Southern California.