87th Annual Convention

87th ANNUAL CONVENTION PROCEEDINGS

Includes links to audio, visual and speaker slide presentations

SUNDAY, OCTOBER 11:
PRECONVENTION SEMINAR (Audio Only)

The Future of Teacher Pensions

Moderator: Jim Mosman, Executive Director, NCTR

Panelist: John Abraham, Director, AFT + Member Benefits Department

Panelist: Beth Almeida, Executive Director, National Institute on Retirement Security

Panelist: Dr. Michael Podgursky, Professor of Economics, University of Missouri–Columbia
Slides: Labor Market Effects of Educator Pensions

MONDAY, OCTOBER 12:
FIRST GENERAL SESSION (Audio & Visual)

Welcome and Formal Opening

Presiding: Jeffrey L. Ezell, NCTR President; Executive Director, TRS of Georgia

Keynote Address: The New President's First Year

Speaker: Katty Kay, Washington Correspondent, BBC World News America

The U.S. and Global Economy

Panelist: Dan Chung, CEO/CIO, Fred Alger Management, Inc.
Slides The Changing Face of US Equity Investing

Panelist: Darrell Spence, Vice President, Capital Strategy Research, Inc.
Slides: The U.S. and Global Economy

Panelist: Blaise Antin, Managing Dir., Emerging Markets Research, Trust Company of the West
Slides: Emerging Markets Outlook & Opportunities

China’s Role in the Global Economy

Facilitator: Amb. Linda Tsao Yang, Chair, Asian Corp. Gov. Assoc.; and Bd. Member, Bank of China
(Hong Kong)

Panelist: Dr. Barry Naughton, Professor of Chinese Economy; UC, San Diego
Slides: China's Big Gamble and Economic Recovery

Panelist: James Donald, Managing Director, Lazard Asset Management LLC (NY)
Slides: China's Role in the Global Economy

Liquidity and Risk Management

Moderator: Steve Yoakum, Executive Director, PSRS of Missouri

Panelist: Chad Burhance, Managing Director of Global Risk Services, State Street Investment Analytics
Slides: Building Confidence Post-Crisis

Panelist: John Pirone, Principal, Client Advisory Group, Barclays Global Investors
Slides: Liquidity and Risk Management

Chief Investment Officer Panel

Moderator: Allan Emkin, Managing Director, Pension Consulting Alliance

Panelist: Chris Ailman, CIO, CalSTRS
Panelist: Ron Schmitz, CIO, Oregon PERS
Panelist: Bob Borden, CIO, South Carolina RS Investment Commission

TUESDAY, OCTOBER 13:
SECOND GENERAL SESSION (Audio & Visual)

Presiding: Gary Harbin, NCTR President-Elect; Executive Secretary, Kentucky TRS

The United States in the Geopolitics of the Second Decade

Speaker: Harm J. de Blij, Geographer; Author; John A. Hannah Professor, Michigan State University
Slides: The United States in the Geopolitics of the Second Decade

The Future of Equities

Panelist: Jonathan D. Coleman, Co–Chief Investment Officer, Janus Capital Management
Slides: The Future of Equity Investing

Panelist: Kent Stahl, Director of Investments and Risk Management, Wellington Management Company, LLP
Slides: Future of Equities

The Labor Perspective

Speaker: Damon Silvers, Associate General Counsel, AFL-CIO

WORKSHOPS (Audio Only)

WORKSHOP 1: The Future of Hedge Funds

Moderator: Tom Lee, Executive Director, New York STRS

Panelist: Jerome (Jay) Raffaldini, Managing Director, UBS Global Asset Management
Slides: The Future of Hedge Funds

Panelist: Keith Black, Associate, Ennis Knupp + Associates
Slides: The Future of Hedge Fund Investing

WORKSHOP 2: Actuarial Panel

Moderator: Kim Nicholl, Managing Director, PricewaterhouseCoopers
Slides: Future of Retirement Plan Design for Public Employees

Panelist: John Garrett, Principal & Consulting Actuary, Cavanaugh Macdonald Consulting, LLC
Slides: Counter-cyclical Contributions

Panelist: Joe Newton, Senior Consulting Actuary, Gabriel Roeder Smith & Company
Slides: Illustrating Risk In Decision Making Process

Panelist: Janet Cranna, Principal & Consulting Actuary, Buck Consultants
Slides: Controlling Employer Contribution Volatility

WORKSHOP 3: Update on Fixed Income

Moderator: Roger Rea, Trustee, Omaha SERS

Panelist: Jennifer Bridwell, Executive Vice President, PIMCO
Slides: Back to the Future? Housing and Mortgage Finance

Panelist: Kevin Kearns, Vice President, Loomis, Sayles & Company
Slides: Opportunities in the Fixed Income Markets

Panelist: Michael K. Lillard, Managing Director & CIO, Prudential Fixed Income Management
Slides: Fixed Income Panel

WORKSHOP 4: Update on Legal Issues Affecting Public Plans

Facilitator: Gary Findlay, Executive Director, Missouri SERS

Speaker: Mary Beth Braitman, Partner in Employee Benefits Group, Ice Miller
Handout: Legal Update for Government Plans

ADDRESS BY THE 2009 TEACHER OF THE YEAR (Audio Only)

Anthony Mullen, Special Education Teacher, ARCH School, Greenwich High School, CT

WEDNESDAY, OCTOBER 14:
THIRD GENERAL SESSION (Audio Only)

Presiding: Ronnie Jung, NCTR Secretary/Treasurer; Executive Director, Texas TRS