Looking at ways to enhance your business & career? Log onto streetsahead.in to upgrade yourself!
SUBSCRIBE NEWSLETTER
Events Brightest minds in MF come together to make Cafemutual Confluence 2018 sparkle like the queen's necklace

Brightest minds in MF come together to make Cafemutual Confluence 2018 sparkle like the queen's necklace

An august gathering comprising CEOs, CIOs and senior fund officials, advisors, wealth management heads network and bond at the daylong event held in Mumbai.
Team Cafemutual Oct 15, 2018

Over 510 delegates comprising investment heads, top mutual fund perofessionals, IFAs, wealth management heads,  participated in the seventh edition of Cafemutual Confluence 2018 event held in at Trident, Nariman Point, Mumbai yesterday.

Themed ‘The Next Big Leap’, the event was attended by some of the eminent speakers from India and abroad.  

Alex Birkin, EY Partner, Global Advisory Leader - Wealth and Asset Management helped decode the impact of AI on investment management business.

Keeping with the theme, a panel discussion was conducted on ‘The Next Big Leap' in which leading CEOs deliberated on what could be the next game-changing innovation for the industry. The panelists included G. Pradeepkumar, CEO, Union MF, Kailash Kulkarni, CEO, L&T MF, Sunil Subramaniam, MD & CEO, Sundaram MF, and Nimesh Shah, MD & CEO, ICICI Prudential MF. The panel was moderated by Nikunj Dalmia, Managing Editor, ETNOW.

Equities being the ‘hot’ asset class we had top equity fund managers Prashant Jain, ED & CIO, HDFC MF,  Anoop Bhaskar, CIO, IDFC MF, Navneet Munot, CIO, SBI MF, Vetri Subramaniam, Head-Equities, UTI MF and Rahul Baijal, Fund Manager (Equity), Sundaram MF tackling key equity market topics in their sessions.

R Sivakumar, Head - Fixed Income, Axis MF talked about the dislocation in fixed income markets through an hilarious presentation. However, his message was clear that duration was dead at the moment.

Noted journalist, Gautam Chikermane, Observor Research Foundation evaluated market's relation with elections His conclusion was that India's economy would continue to grow regardless of the political party/coalition that cdme to power in 2019.

A panel comprising sales heads of AMCs, advisors and top distributors highlighted the key trends in distribution. Faisal H Rahman, Product Head, Mutual Fund, Coin, Zerodha, Nitin Vyakaranam, CEO & Founder, Arthyantra, Mohit Bhatia, Head of Sales & Marketing, Canara Robeco MF, Suraj Kaeley, Group President - Sales & Marketing, UTI MF and Suresh Sadagopan, Founder, Ladder7 Financial Advisories came to an consensus that the need of the hour was a customer first technology backed approach.

Ashish Patil, Business & Creative head at Y Films (Yash Raj Films) shared insights on how to target millennials based on his experience in producing youth centric content for the YRF banner.

Distinguished professor, Nitin Kumar from Indian School of Business, Hyderabad shared his insights on mutual fund competition, managerial skill, and alpha persistence in an engaging session.

To commemorate the 25 years of private mutual fund milestone we gave Game changers awards to the eminent personalities who changed the face of MF business. For the first time, we also awarded wealth creator awards to top performing schemes over the long term. 

The event was supported by Sundaram Mutual (title partner), UTI MF (platinum partner) and Axis MF, Canara Robeco MF and Mahindra MF (gold partners). HDFC MF, IDFC MF, Union MF and SBI MF were the silver partners. Value Research was the knowledge partner, CAMS Technology partner and ET Now and were the media partners.

The videos, photographs and presentations of speakers will be uploaded soon on www.cafemutualevents.com.

 

 

Click to clap
1 Comment
Felix Zeman · 2 months ago
Please read my provider's BG/SBLC Sale Transaction Procedure below and see if it will suit your requirements.


                                                                               PROCEDURES:

1.    Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged 140% Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement .

2.    After conducting due diligence, the Seller will countersign the LOI and return it to Buyer including details of the BG Issuing bank, and Seller’s Passport copy. This LOI automatically becomes a full commercial recourse contract and will be notarized to avoid contract breach and Buyer will be required to take care of notarization expenses of the contract documents here in UK. After notarization of the contract documents here in the UK, both parties shall lodge the executed contract with their respective Banks.

3.    Within two (2) banking days, the Seller’s Bank shall send a PRE-ADVICE SWIFT MT199 or MT-799 to the Buyer’s Bank. (EXHIBIT A )  The PRE-ADVICE shall be valid for  four (4) banking days only.

4.    Within the same banking day, the Seller shall email a courtesy copy of the PRE-ADVICE SWIFT MT199 or MT-799 to the Buyer for confirmation. Within three (3) banking days after authentication of the PRE-ADVICE SWIFT MT199 or MT-799, the Buyer’s Bank shall reply and send a  SWIFT MT-799 to the Seller’s bank and a courtesy copy shall be sent  to the Seller’s email.

5.    Within three (3) banking days, after authentication of the Buyer’s SWIFT MT-799, the Seller’s BG Issuing Bank shall send the Bank Guarantee via SWIFT MT-760 to the Buyer’s Bank  ( EXHIBIT B ) and a courtesy copy shall be sent to the Buyer’s email. The Buyer’s bank verifies and authenticate the BG sent via SWIFT MT-760.

6.    Within three (3) banking days, after authentication of the BG sent via SWIFT MT-760, the Buyer shall send payment to the Seller via SWIFT MT-103 and concurrently pay Consultants commission fees of Two Percent of each tranche face value. Courtesy copies of the commission payments shall be sent to the respective consultants/beneficiaries and their paymasters.

7.    Within seven (7) banking days after authentication of receipt of payment to the Seller, the Seller’s BG Issuing Bank shall send the hard copy of the BG to the Buyer’s Bank  via Bank Bonded Courier.

8.    All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.

9.    Any unauthorized calls by any party or its representative lawyers to probe or communicate in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.

10. Please, Ready, Study and Understand VERY WELL, we will work STRICTLY base on this Transaction Procedure.

THIS TRANSACTION PROCEDURE IS NON NEGOTIABLE, DO NOT RESPOND IF NOT ACCEPTED.

Contact Me Via Email:- bfltd2011@gmail.com

I look forward to a mutually beneficial business relationship.

Sincerely,

Felix Zeman.
Wish to stay on top of your game? Get daily tips, ideas and articles to grow your business.
Subscribe to Cafemutual Newsletter.