Learn About Investing Outside the U.S. in Webinar Replay

New and Continuing Public Pension Fund Trustees and Administrators Earn CE/CPE Credit

By TEXPERS Staff

TEXPERS hosted its latest online learning session on Dec. 1, giving new and continuing public pension fund trustees and administrators the opportunity to earn 1 credit hour to satisfy state training requirements.

A presentation, Opportunities for Investing Outside of the U.S., was presented by Calamos Investments. The firm is an Associate member of TEXPERS.

Many investors have a “Home country bias” and fail to recognize the larger universe of investment opportunities that exist outside of the US. Calamos' Nick Niziolek, Co-CIO, Head of Global Strategies, and Todd Speed, Senior Vice President, Portfolio Specialist discussed the topic. Barry Livingston, Calamos' Senior Vice President, Institutional Distribution, introduced the thought leaders and moderated a question-and-answer session at the conclusion of the presentation.

Attendees learned:

• The preference to invest in what (and where) people are familiar with is powerful.  But the global economy continues to evolve and present new opportunities for investors
• The opportunity to invest in developed overseas markets is great
• Investors often discuss emerging markets as a singular asset class with similar drivers and return expectations. However, the reality is that there are fundamental and consequential differences among emerging economies.

 

> PRESENTATION REPLAY: Click here to access a recording of the webinar.

Earn Continuing Education Credits

New trustees and administrators must receive a minimum of 7 hours of training within the first year of their service, according to the Texas Pension Review Board. Continuing trustees and administrators mush receive a minimum of 4 hours of training every two years after their first year of service. 

TEXPERS' online learning sessions are for new and continuing trustees and administrators; however, any of the association's members may register. The webinars are open to trustees and administrators of public employee pension systems in Texas that are not members of TEXPERS but need to satisfy training obligations. 

Pension system trustees and administrators may earn Continuing Education (CE) credit for the Pension Review Board and accountants may earn Continuing Professional Education (CPE) credit for the Texas State Board of Public Accountancy.

To earn credit hours, attendees must sit through the entire presentation they registered for, participate in polling questions during the session, and answer a survey after the webinar. At the conclusion of each webinar, a highlighted code will appear on the screen. Attendees must provide the code in the designated field of the survey as proof that they sat through the session until the end. 

Upcoming Webinar

TEXPERS next online learning session is set for 2 p.m. CST on Tuesday, Dec. 8, 2020. The program, Best Practices During Plan Asset Rebalances, is presented by BTIG and Meketa Investment Group.

>REGISTER TODAY: Click here to sign up for the next session.

Join thought leaders from BTIG and Meketa to determine why and when pension plans should undergo asset rebalances and learn how to implement them.

Also, pension system trustees and administrators will walk away understanding:

• Costs associated with rebalances
• Options available to plans for implementing rebalances/manager changes
• Advantages and disadvantages of each option
• Transition management models

The presentation is presented by Filip Skala, CFA, managing director and head of transition management at BTIG, and Aaron Lally, CFA, CAIA, principal at Meketa Investment Group.

BTIG is an Associate member of TEXPERS. Meketa Investment Group is a Consultant member of the association.