Investment Opportunities in the Energy Space
Client Event, Seattle, March 15, 2012
Global energy demand continues to expand, particularly driven by high secular GDP growth rates in the developing world. From 1998 to 2011 Chinese demand for oil grew at a compounded annual rate of 7%, whereas during the same time period demand growth was non-existent in the developed world. In the US, natural gas prices have fallen dramatically and in Canada oil sands are being "mined," providing new sources of supply in North America and enhancing energy security. Techniques such as horizontal drilling and "fracking" are being utilized to extract previously unprofitable reserves.
To shed light on these developments and to examine investment opportunities in the energy space, we welcomed Bob Sinnott, President & CEO of Kayne Anderson Capital Advisors, to Seattle for an exclusive luncheon.
Canterbury's Annual Investment Forum 2012
Is there a light at the end of the tunnel?
Canterbury hosted our 4th Annual Investor Forum on January 10, 2012. The presenters included:
Byron Wien
Vice Chairman
Blackstone Advisory Partners
Kathleen C. Gaffney
Vice President and Portfolio Manager
Loomis, Sayles & Company
Carl M. Kawaja
Senior Vice President
Capital Research Company
Penelope D. Foley
Managing Director, Emerging Market Strategies
TCW
J. Taylor Crandall
Managing Partner
Oak Hill Capital Partners
Canterbury #5 of Top 50 Wealth Manager RIAs
Registered Rep.'s List
According to Registered Rep., Canterbury has been named to the Top 50 Wealth Manager RIAs. The lists is based on ADV data from the SEC and includes firms that offer finanical planning and have a limited number of investment companies as clients. Click to link above to see the full list.
Market Volatility
August 12, 2011
Dear Clients & Friends:
Global markets have swung wildly in the last week in response to heightened concerns about European sovereign debt, a downgrade of the credit rating of the United States, and fears of a prolonged period of anemic or nonexistent growth in many global economies.
On Thursday, August 4th, the Dow Jones Index dropped 512 points (-4.31%) while the CBOE Volatility Index (VIX) spiked 35% to 31.66. As it turned out, that was only the beginning of what would be a wild, and at times ugly, week for the financial markets. The next day (August 5th), Standard & Poor's downgraded its rating on US sovereign debt from AAA to AA+. This historic downgrade added to the uncertainty already hanging over the markets from the ongoing sovereign debt situation in Europe as well as renewed fears of a stalled US economic recovery. This confluence of factors pushed the equity markets to high levels of volatility, including four consecutive days in which the Dow experienced moves of over 400 points (two on the upside, two on the downside) -marking the first time that has ever occurred.
Canterbury Consulting Welcomes New Consultant
Geir Watland joins Canterbury's Seattle Office
Canterbury Consulting is pleased to announce we have hired Geir A. Watland, CFA, CAIA as a consultant in our Seattle office. "Geir has a proven record of developing relationships with his clients that is built on trust and mutual respect. We know his deep roots in Seattle will serve us well as he looks to grow our Pacific Northwest clientele," said Poorvi Parekh, Canterbury's CEO.
Canterbury's Annual Investment Forum 2011
2011: Uncovering the Opportunities
On January 11, 2011, Canterbury hosted our Annual Investment Forum which gives our clients the opportunity to hear from some of the industry's most successful investors.
Each of our speakers aimed to provide a level of understanding of where we are today and what the outlook for 2011 might be.
Our speakers included:
Marc Seidner
Executive Vice President & Generalist Portfolio Manager
PIMCO
James W. Paulsen, Ph.D.
Chief Investment Strategist
Wells Capital Management
Ardra Belitz
Managing Director and Portfolio Manager
Lazard Asset Management
Howard Marks, CFA, CIC
Chairman
Oaktree Capital Management
Greg Valliere
Chief Political Strategist
Potomac Research Group
Manager Call Series
Barry Rosenstein of JANA Partners
As part of Canterbury's on-going effort to provide our clients with access to some of the brightest, most talented investment managers and industry experts of our time, we are introducing our Manager Call Series.
Canterbury was pleased to launch our new Series with Barry Rosenstein, founder and managing partner of JANA Partners. Barry offered his distinctive insight into:
- Activism and the Current Environment
- Strategic M&A
- Opportunities in Distressed
We have posted the audio file of the call for those that were unable to attend the live conference on October 6th. Click the title, Manager Call Series, above to hear the replay.
Sovereign Debt Sustainability
Client Event - Seattle, September 28, 2010
Where sovereign debt risk was at one time an issue primarily for developing economies, the massive increase in government debt by the members of the G7 has created a sea change in global dynamics.
To better understand this issue and the impact it might have on investments, Canterbury invited an Emerging Markets expert to share his insights with our clients and friends in Seattle.
J. Kevin Kenny, Jr., Chief Investment Officer of Emerging Sovereign Group LLC (ESG), an approximately $1.3 billion hedge fund primarily focused on emerging markets, provided his thoughts on:
How did the sovereign credit crisis occur? Why now?
How big is the problem? Financing resources and requirements for the "PIIGS" through 2012
What will happen? Commentary on the ECB, fiscal adjustments & economic governance changes
Specific country analyses focused on Greece, Belgium and Spain
What does all this mean for the future of the EU and how might this spillover and impact other markets globally?
Please contact Canterbury if you would like to hear more about Kevin's thoughts or get a copy of his presentation.
Manager Call Series
Jamie Dinan of York Capital Management
As part of Canterbury's on-going effort to provide our clients with access to some of the brightest, most talented investment managers and industry experts of our time, we offer our Manager Call Series.
Canterbury was pleased to host Jamie Dinan Chairman, CEO and Founder of York Capital Management. Jamie shared his:
- Macro views on the economy and credit markets
- Opportunities in event-driven investing
- Perceived risks in the market today?
We have posted the audio file of the call for those that were unable to attend the live conference on May 6th. Click the title, Manager Call Series, above to hear the replay.
Recalibrating EM Exposure for a New World (Dis)Order
Investor Perspective Roundtable and Networking Opportunity
On April 22, 2010, Canterbury hosted an event featuring the Emerging Market Portfolio Managers from Lazard Capital Management.
The event featured:
James Donald
Emerging Markets Equity Portfolio Manager/Analyst and Head of the Emerging Markets Group
Peter Gillespie
Developing Markets Equity Portfolio Manager/Analyst
Topics included:
Myths and Misconceptions
Implications of Macro, Political, Corporate and Credit Risks
Asset Allocation within Emerging Markets
Canterbury Consulting, Inc. Receives 2009 Best of Newport Beach Award
U.S. Commerce Association's Award Plaque Honors the Achievement
Canterbury Consulting, Inc. has been selected for the 2009 Best of Newport Beach Award in the Investment Management category by the U.S. Commerce Association (USCA).
The USCA "Best of Local Business" Award Program recognizes outstanding local businesses throughout the country. Each year, the USCA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and community.
Canterbury's Annual Investment Forum
2010: Recovering and Readjusting
On January 12th Canterbury presented our investment forum which gives our clients the opportunity to hear from some of the industry's most successful investors.
The overall theme of the event was:
- Lessons learned over the past year;
- Where we are today; and
- Outlook for 2010 and beyond
Each speaker was hand selected by Canterbury to provide their unique insight into: Global investment strategies, Interest Rates and the Federal Reserve, Non-US Equity Markets and the Real Estate Market.
Speakers Included
Paul McCulley
Managing Director
PIMCO
Brett Gallagher
Deputy Chief Investment Officer
Artio Global Investors
Jeffrey Krasnoff
Chief Executive Officer
Rialto Capital Management
Peter Perkins
Managing Editor and Global Strategist.
BCA Research
Nonprofit News
Profile on Canterbury Consulting
On October 15, 2009, Nonprofit News profiled Canterbury in a story to their subscribers. Click the title above to see the article.
Investment Trends Summit
September 23-25, The Biltmore, Santa Barbara, California
Bob Cluck, Chairman of Canterbury will be moderating a panel at the upcoming Opal Conference: Investment Trends Summit.
The Investment Trends Summit serves as an educational forum focused on analyzing trends for the future, as well as exploring ways to implement new strategies in particular investment plans. Speakers and attendees discuss topics such as investor's perspectives, investment management theories, emerging market trends, socially responsible investing, venture capital investing, commodities and more.
Mr. Cluck's topic is "Identifying Promising Investment Opportunties for Institutional Investors Arising from the Current Condition of the Global Credit Market."
Please visit www.opalgroup.net for more information about the event or if you would like to come and hear Mr. Cluck's presentation.
Canterbury Consulting Announces a Change in Management
Poorvi Parekh is elected President & Chief Executive Officer
Canterbury Consulting announced that the company's Board of Directors has elected Ms. Poorvi Parekh to President and Chief Executive Officer. The move has the full support of Bob Cluck and is being applauded by clients and employees alike.
Canterbury Unveils a New Logo and Website
Thank you for visiting Canterbury's new website. We designed our new logo to reflect our core values. Our thoughtful, customized approach to investment consulting helps distinguish us from our peers.
In the words of our co-founder Bob Cluck, "Our perspective is not something we read in a book or heard at a seminar; it comes from years of caring about clients and being involved with successful institutions and individuals"
The 2008 Financial Storm
Perspectives from some of Wall Street's Experts on Lessons Learned and Opportunities Ahead
Canterbury is pleased to announce a unique forum for our clients to hear from some of Wall Street's most successful investors talk about:
What they learned from 2008's tumultuous market;
Where we are today; and
Their outlook for 2009 and beyond
Each speaker was hand selected by Canterbury to provide investors insight into different investment areas including: US Equity, Emerging Markets, Credit Markets, Private Equity and Commodities. In addition, Mohamed El-Erian of PIMCO will be sharing his macroeconomic perspective given the current state of the markets.
The Library of Congress
Canterbury wins consulting contract with the Library of Congress
In January of 2009 Canterbury was awarded a contract with the Library of Congress in Washington D.C. to advise on their 119 Endowment Trusts. These trusts and endowments are under the care of The Trust Fund Board which is made up of representatives from Treasury, the Senate and the House of Representatives.
Canterbury is helping the Library of Congress determine the appropriate asset allocation and investment managers to manage the portfolios.
Canterbury Celebrates 20 Years in Business
December 8, 1988 - December 8, 2008
This year we are proudly announcing an important milestone: 2008 marks Canterbury's 20th year in the consulting business.
