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UK Pensions & Investments Summit 2011


Corry Capital Advisors: Investing in Life Insurance Policies







 

William Corry of Corry Capital Advisors, a sponsor at the marcus evans UK Pensions & Investments Summit 2011, on profiting from life insurance policy investments.


Interview with: William Corry, Owner & General Manager, Corry Capital Advisors



FOR IMMEDIATE RELEASE


In today’s world, investors should look more for non-correlated asset investments and alternative investment structures, says William Corry, Owner & General Manager, Corry Capital Advisors. Diversification into alternatives would help insulate portfolios from the 2008 market losses, he adds.


From a sponsor company at the upcoming marcus evans UK Pensions & Investments Summit 2011, in London, UK, 6 – 7 October, Corry turns the spotlight on life insurance policy investing and succeeding in the alternatives space.


How do life insurance assets compare against other asset classes?


William Corry: Investors should consider this class because of its actuarial predictability. It is not correlated to equity markets. Returns are predicable, based on mitigation of certain risk factors, and based on fixed inputs rather than variables for the most part. Life expectancy is a variable, however, it can be mitigated through a trading process. There is very little counterparty risk. We also realise gains through death claims or policy maturities.


What criteria do investors need to look for?


William Corry: First and foremost, the policies should be diversified across different ages, insurance carriers, and disease and illness risks.


We purchase policies on people aged 75 and over, with life expectancies between three and ten years, that are determined by independent medical underwriting companies.


Investors want to make sure that they are investing in a diversified portfolio with multiple lives to gain actuarial predictability. The larger the pool of lives, the more predictable the rate of return will be based on actuarial data.


What do investors overlook?


William Corry: Investors often overlook how the policies were acquired: directly from the insured or through intermediaries? How was the due diligence done at the time of purchase? It is critical to make sure the policies are originated correctly upfront.


Secondly, investors overlook intermediary fees, who was paid and how much, when acquiring the assets. Transparency in this space is crucial.


What is your outlook for the future? What are the opportunities in the alternatives space?


William Corry: There is no worldwide recovery anytime soon.


Equities will continue to underperform markets, but that presents opportunities on the alternatives side of certain sectors of equities. In today’s world, investors should look more for non-correlated asset investments and alternative structures, whether it is real estate, life settlements or timber.


Diversification into alternatives would help insulate portfolios from the 2008 market losses. Investors need to expand their universe of investments beyond traditional equities and fixed income that hurt them so bad in 2008.



Contact:
Sarin Kouyoumdjian-Gurunlian
Press Manager
marcus evans, Summits Division
Tel: + 357 22 849 313
Email:
press@marcusevanscy.com



About the UK Pensions & Investments Summit 2011


This unique forum will take place at the Wyndham Grand London Chelsea Harbour Hotel, London, UK, 6 – 7 October 2011. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on minimising the pensions’ deficit, adopting optimal asset allocation strategies, and exploring new investment horizons.


For more information please send an email to info@marcusevanscy.com or visit the event website at www.ukpensions-summit.com 


marcus evans group – investment sector portal


Complementing our summit format, the Investments Network – marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations. Lend an ear to fellow experts and live news from our events on our LinkedIn and Twitter accounts!







 

 


Please note that the summit is a closed business event and the number of participants strictly limited.


About Corry Capital Advisors


Corry Capital Advisors is a leading life settlement company that offers transparency, liquidity and mitigation of longevity risk. The objective of CCA is to achieve positive returns for its investors by purchasing life insurance policies on the secondary market. CCA senior management has over 60 years of combined experience in the life insurance and life settlement industries. 


www.corrycapital.com


About marcus evans Summits


marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit www.marcusevans.com



All rights reserved. The above content may be republished or reproduced – kindly inform us by sending an email to press@marcusevanscy.com

CFO Summit XXIII


Coach, Inc. on Driving Profitable Growth








 

Mike Devine, a speaker at the marcus evans CFO Summit XXIII Fall 2011, discusses the CFO’s role in growth strategy and international expansion.

Interview with: Mike Devine, Executive Vice President and CFO, Coach, Inc.


FOR IMMEDIATE RELEASE


Traditionally viewed as a financial gatekeeper, the role of Chief Financial Officers (CFOs) has broadened in recent years beyond the conventional finance function. Today, CFOs are positioned to advise on how to grow profitably through the exploration of new geographies and the introduction of value-oriented price points.


A speaker at the marcus evans CFO Summit XXIII Fall 2011, taking place in Las Vegas, Nevada, November 10-12, Devine speaks on the importance of a CFO in leading a corporation’s growth path and capturing new markets.  


How can the CFO promote growth and open avenues to new markets? 


Mike Devine: CFOs need to play an active role in making sure that their organization drives profitable growth. During the economic downturn, we came to the realization that we needed to push growth in international markets, where we were not as mature. Presenting an even greater value to our consumers would also incentivize them to purchase more.


CFOs play a major role in making sure that value is delivered to consumers at acceptable rates of profitability. They can be active in pushing an organization’s growth internationally, by helping provide the infrastructure for expansion in new markets, and negotiating with third parties to help accelerate the pace of growth.


CFOs are also important for making sure standardized, repeatable processes are implemented to ensure efficiency, so the company can move to profitability quickly in new geographic markets.


How can the CFO maintain profitability and efficiency while the company is growing?


Mike Devine: The CFO needs to partner with the operators of the business to make sure they maintain their focus and implement the right strategies.


It should not be growth for growth’s sake, but profitable growth. The CFO has to be active in the day-to-day tactics of the business.


Do you think that CFOs excessively focus on financial risk management, overlooking other important functions?


Mike Devine: That can be a common flaw in a financial organization, but it is critical that the CFO be more than just a risk mitigator, they must also help drive growth.


At times, CFOs and finance organizations spend too much of their time keeping score of the business and trying to eliminate risk. In my opinion, successful CFOs do not strive to eliminate all risks, but help the company find the optimal risk and reward balance.


What obstacles and risks do CFOs face when it comes to growth and international expansion?


Mike Devine: Maintaining the appropriate financial controls and processes in distant geographies whilst initiating in different countries is often challenging.


The finance team can help determine the right market entry strategy. Should they enter an already established market or expand into a new one? Would it be better to form a joint venture or a distribution agreement with a third party?


What are the main criteria for international expansion?


Mike Devine: To determine whether operating in a certain country would be profitable, we must conduct market research to see if the market is large enough to support a profitable business. Only then do we make the effort to expand into that market.



Contact: Veronica Diaz, Journalist, marcus evans, Summits Division


Tel: + 357 22 849 347
Email: press@marcusevanscy.com



About the CFO Summit XXIII Fall 2011


This unique forum will take place at the Red Rock Casino Resort & Spa, Las Vegas, Nevada, November 10-12, 2011. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on how innovation can transform finance organizations, the CFOs role in growth and international expansion and the 2012 financial landscape.


For more information please send an email to info@marcusevanscy.com or visit the event website


marcus evans group – finance/insurance sector portal


Complementing our summit format, the Finance Network – marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations. Lend an ear to fellow experts and live news from our events on our LinkedIn and Twitter accounts!


                             


Please note that the summit is a closed business event and the number of participants strictly limited.


About marcus evans Summits


marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com



All rights reserved. The above content may be republished or reproduced – kindly inform us by sending an email to press@marcusevanscy.com