PLOT A ROUTE TO SUCCESS IN THIS EXTENDED CYCLE
As the post-global financial crisis cycle enters its tenth year against a benign economic backdrop, the primary risk to investor optimism would seem to be the pace and scale of any shift from easing to tightening by central bankers. Market expectations of an extremely gradual approach to "normalization" may be tested by the emergence of inflationary pressures as many developed economies reach secular lows in unemployment rates. The recent period of extremely low market volatility will ultimately be challenged either by “internal” economic forces, including technological developments, or “external” political events. Increases in volatility will create both risks and opportunities for investors.
Success will mean very different things to different investors. For this reason, a clear articulation of an investor's beliefs, objectives, and constraints is essential to effective governance and decision-making. For long-term investors, beliefs should extend beyond traditional risk and return considerations to include stewardship and ESG issues. Mercer Global Investment Forums 2018 considers both the wider market forces as well as investor-specific issues that we think will help investors plot a course towards long-term success.
Mercer Global Investment Forums provide the setting for stimulating and informative discussions on the economy, institutional investments, pension plan management, and more. Over the years, we've had hundreds of institutional investors, asset and fund managers, and Mercer investment professionals come together to connect, learn, and share.
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Daniel Gilbert is the Edgar Pierce Professor of Psychology at Harvard University. He has won numerous awards for his research and teaching, and his students have voted him one of "Harvard's Favorite Professors" every year for more than a decade.
Dan's popular book, Stumbling on Happiness, spent 6 months on the New York Times best seller list, has sold more than a million copies worldwide, has been translated into more than 35 languages. He hosted and co-wrote the award-winning PBS television series This Emotional Life, which was seen by more than 10 million viewers in its first airing.READ MORE
Mara Liasson is the national political correspondent for NPR and a contributor to FOX News Channel (FNC). She joined FOX in 1997 and serves as a panelist on Special Report with Brett Baier and FOX News Sunday, FOX Broadcasting Company's public affairs program that airs nationwide each Sunday morning.
Liasson joined NPR in 1985 as a general assignment reporter and newscaster. She covered Congress and served as the White House correspondent during all eight years of the Clinton administration. Now, as the national political correspondent her reports can be heard on the award-winning newsmagazines, All Things Considered and Morning Edition. During her tenure, she has covered the all the presidential elections since 1992 and reports on Senate and House races every election year. She is an expert on elections, national policy and on relations between the White House and Congress.READ MORE