BFSB CEO & Executive Director, Wendy Warren (Journal file photo)
By NIKIA DEVEAUXThe Bahamas Financial Services Board (BFSB) continues to take an interest in the growing economy of Brazil and is actively exploring business opportunities in that country.
Several members of the country’s financial services sector are participating in the four-day Brazil Investment Summit (BIS) along with More than 400 global investors.
BIS, which has become the region’s leading investment conference, begins today in Sao Paolo and will continue until Thursday.
After confirming that the Board would participate, BFSB CEO & Executive Director, Wendy Warren explained that the BFSB is interested in opportunities in Brazil because the country’s economy is of growing international significance and influence.
"Brazil is an important and growing market for The Bahamas," she said.
"This is the third year in a row that we have participated in and made a presentation at the conference. Each year attendance by BFSB member firms grows stronger as does The Bahamas’ recognition at the Summit."
BFSB is a gold sponsor of the Summit and has also secured a panel discussion titled "Asset Managers Interview," which includes the exclusive involvement of Bahamian financial professionals.
Ms. Warren will interview BFSB’s Deputy Chairman and President of CFAL Anthony Ferguson; Chairman & CEO, Green Cay Asset Management Jane Siebels; and Head of Private Banking & Investment Management, SG Private Banking (Bahamas) Renaud Vielfaure.
Some of the topics the panel will discuss include: investing in the wake of the global financial crisis; Key investment themes for the next twelve months; reacting to changes in taxation and regulation; and how have investor demands for increased transparency impacted back office operations.
Other Key BIS themes include: Brazilian economic success; crisis impact: portfolios; transparency in regulation; Brazil’s infrastructure; quantitative trading; funds of the future; pension asset allocation; and alternatives.
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