Financial Markets Crystal Ball
Wednesday, February 24, 2010
4:30pm - 6:30pm
Join with other HBS Alumni for a provocative discussion about the 2010 financial markets with three outstanding leaders of Milwaukee’s investment community:
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Mary Ellen Stanek, CFA, Managing Director, Director of Asset Management, Robert W. Baird
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Ted D. Kellner, CFA, Chairman & Chief Executive Officer, Fiduciary Management, Inc.
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Bill Nasgovitz, Founder, President and Portfolio Manager, Heartland Advisors, Inc.
Collectively they manage over $25 Billion in assets. Panel members will outline their expectations with an emphasis on the different sectors where they focus. Your questions will provide an opportunity to challenge and expand the discussion in many directions.
A cash bar and appetizers will follow with tours of Robert W. Baird’s new equity trading floor, which is the largest in the USA outside of New York City and San Francisco.
Early reservations are suggested since space is limited for this event.
Or register by contacting the HBS Club of Wisconsin office by calling (262) 532-2440 or email hbsclubwi@teamwi.com.
Mary Ellen Stanek has over 30 years of investment management experience and currently serves as Managing Director of Asset Management and as President of Baird Funds. Previously, she served as President and CEO of Firstar Investment Research & Management Company. Ms Stanek is responsible for the development and portfolio management of al proprietary asset management services. She co-manages several fixed income mutual funds as well as a number of taxable and tax-exempt portfolios. Total assets under her direction exceed $16 Billion.
Mary Ellen serves on the boards of Robert W. Baird & Co., Journal Communications (NYSE:JRN), Northwestern Mutual and West Bend Mutual Insurance Company. She also serves on the boards of Aurora Health Care, Boys and Girls Clubs (past Board Chair), Children's Hospital Foundation, Marquette University (past Board Chair), Medical College of Wisconsin, Junior Achievement, Betty Brinn Children’s Museum (past President), and United Way. She has also co-chaired annual campaigns for the United Performing Arts Fund and the United Way, including the successful 2008 United Way Campaign which exceeded its goal.
Ted D. Kellner is chairman and chief executive officer of Fiduciary Management, Inc. of Milwaukee, Wis. He is a Chartered Financial Analyst with more than 39 years of investment experience, and a founder and portfolio manager for Fiduciary Management, Inc., an investment management firm established in 1980. The firm manages more than $7 billion in assets. Kellner also founded and serves as a director and treasurer of Fiduciary Real Estate Development, Inc., which owns more than 3,500 multi-family units in the state of Wisconsin. Kellner serves on the boards of American Family Mutual Insurance Company, Lakeview Equity Partners, Marshall &Illsley, Metavante Corporation, and Mason Wells, Inc.In the non-profit arena, Kellner has served on the board of Milwaukee-area organizations, including the Children's Hospital System, the Greater Milwaukee Committee, the Medical College of Wisconsin, Milwaukee World Festival, Inc., and the United Way of Greater Milwaukee.
For Bill Nasgovitz, value investing has been a life-long passion. Despite varying market conditions, the Founder, President and Portfolio Manager of Heartland Advisors, Inc., has remained dedicated to the strict value disciplines that have embodied the Firm’s core investment philosophy since it was founded in 1983. Lead by three flagship mutual funds.
Hartland manages over $3 Billion of assets. Forbes ranked Heartland the top-performing fund family among 57 peers over the past 20 years. The Heartland Select Value Fund was named the best Multi-cap Value Fund by Lipper for the 3, 5, and 10 year rating periods – based on Lipper’s category of highest Consistent Return for each time period ending December 31 2008.
Bill was instrumental in the development of Heartland’s proprietary 10 Principles of Value Investing™ that are the foundation for evaluating every security. His flagship Heartland Value Fund, built on these value parameters, has been highly regarded as an “outstanding portfolio” with “an impressive record” by Forbes and The New York Times.
A 40-year veteran of small-cap investing, Bill has been featured in The Wall Street Journal, and Barron’s. In an MSN Money article dated October 14, 2003, Bill was named one of the five "Best Fund Managers in the Business." He has also spoken at numerous conferences on the benefits of value investing.
Bill is active in the Milwaukee community, serving on the board of Junior Achievement of Wisconsin, Endowment and Foundation trustee of the Milwaukee Symphony Orchestra and the North Point Lighthouse Friends, Inc. board, and is a member of the World Presidents’ Organization.
