The program of the Czech Investment Conference is divided into two days (11 and 12 November 2019). On the first day, each of the speakers shall introduce one particular equity investment idea to you (all presentations will be translated into English). You will be informed about interesting tips how and where suitable investments can be searched for, and you will have an opportunity to observe how particular managers search for such investments, how they assess them and which arguments they use to reach their targets. The first Conference day will be closed with a cocktail party and informal networking. The second day will be devoted to practical workshops intended for maximum 30 participants (all workshops will be held in Czech).
8:00 - 8:50
9:00 - 9:10
9:10 - 9:40
Miron Zelina, Member of the Board, Privatbanka
Miron has been operating on capital markets more than 27 years. From 1999 to 2004 he was CEO of the brokerage house, Invest Brokers. Since 2004 he has been working for Privatbanka, first as a director of Treasury department and last six years as a member of the Board and Head of Private banking. He is responsible for Private banking, Treasury and Asset management departments. In addition, he is vice-chairman of the Executive committee of the Association of Securities Dealers and Chairman of the Council of Investment Guarantee Fund. He prefers investments based on a real cash flow (stocks, bonds).
9:40 - 10:10
Andrew Hollingworth, Founder, Holland Advisors
Andrew first started investing over thirty years ago. Having spent numerous years working in Fund Management and sell-side analytical roles, Andrew set up Holland Advisors in 2009 and the Farnam Street Capital Fund in November 2011. Holland Advisors writes highly respected research that is used by many senior Investment Managers to aid their investment decision making. Holland Advisors is also the Manager of its own Investment Fund - Farnam Street Capital. Andrew's approach is deeply analytical and company specific. He and his team look for companies with proven enduring market positions that they assess competitors will find very hard to displace. These could be defined as 'great companies'. For the Holland team to be interested however they also have to be run by 'great owner managers' and offered by Mr Market for 'great price'.
10:10 - 10:40
Ondřej Klečka, CFA, Portfolio Manager, Meridon Funds
Ondrej joined Meridon Funds in 2019 from private equity group Arca Capital, where he acted as an investment manager focused mainly on Event-driven investment opportunities. Prior to Arca, he worked as a management consultant at The Boston Consulting Group (BCG), where he was a member of Private Equity and Financial Institutions expert groups. Ondrej also has a work experience from the European Central Bank, EY and Accredio. He graduated from University of Economics in Prague and is CFA charterholder. He also attended MBA program at Duke University, The Fuqua School of Business in USA.
10:40 - 11:10
Mikuláš Splítek, Portfolio Manager, Stock Small Caps
Mikuláš is a member of Erste Asset Management equity team. He manages Stock Small Caps fund, focusing on small companies in the developed markets. He had previously worked for Brokerjet ČS. He has authored lessons on investment psychology for Investicniweb.cz, and introduced a number of investment ideas for Roklen24. His strategy combines Benjamin Graham's value approach with growth investing inspired by Philip Fisher.
11:10 - 11:40
11:40 - 12:10
Christian Ryther, Founder, Curreen Capital
Christian Ryther founded Curreen Capital in June 2013. He has been passionate about investing since he read Peter Lynch's "Beating the Street" in his early teens. He loves hunting for unexpectedly beautiful businesses, and competing in an endlessly shifting environment. Like many investors, Christian earned his MBA at the Columbia Business School and went through its value investing program. Unlike many investors, Christian was a Peace Corps Volunteer in Morocco. Christian also runs, a lot. He ran the Boston Marathon in under three hours before embracing ultramarathons. It took more than 25 hours through 90 degree heat, but he earned second place in the Black Hills 100 mile race.
12:10 - 12:40
Daniel Gladiš, CFA, Vltava Fund
Dan graduated from VUT Brno. In 1993-1998 he was the director of Atlantik Financial Markets, a.s., a member of the Prague Stock Exchange, which he founded. In 1999-2004 he was the director of ABN AMRO Asset Management (Czech), a.s. In 2004, he founded the investment fund Vltava Fund SICAV. Vltava Fund is a global equity investment fund dedicated to qualified investors. Daniel Gladiš is the author of Naučte se investovat (Learn to Invest) and Akciové investice (Stock Investments).
12:40 - 13:10
Massimo Fuggetta, Founder & CIO, Bayes Investments
Massimo is Founder and CIO of Bayes Investments, which acts as advisor to the Made in Italy Fund, a Luxembourg mutual fund entirely dedicated to Italian small caps. Massimo started his portfolio management career in 1988 at JP Morgan Investment Managementin London. He left JPMIM in 1999 to become Chief Investment Officer and Director General at Sanpaolo IMI Asset Management in Milan, where in 2000 he became Chief Executive Officer. He left the company in 2001 to start Horatius, an investment advisory and later asset management company in Milan. In 2012 Massimo left Horatius and went back to London, where in 2014 he founded Bayes Investments. Massimo graduated in Economics at LUISS in Rome and holds a Master's Degree (M.Phil.) and a Doctorate (D.Phil.) in Economics from the University of Oxford. In 2012 he started the Bayes blog, which has acquired popularity in the Value Investing community.
13:10 - 13:40
Pavel Kopeček, Portfolio manager, ČSOB Asset Management
Pavel is a portfolio manager at CSOB Asset Management (KBC group) and has been with the company since 2007. His previous work experience includes the Fio financial group (now Fio banka). He started his career at CSOB AM as an analyst and a trader before becoming the sole portfolio manager of the CEE-focused funds for the whole KBC group in 2009. Since 2017 he has managed the equity portfolio of the flagship fund ČSOB Bohatstvi and in the course of 2018 he has also become the portfolio manager of the global equity fund CSOB Akciovy. He graduated from the University of Economics in Prague and is a CFA charterholder.
13:40 - 14:50
14:50 - 15:20
Alex Rauchenstein, CEO, Strategic Investment Advisors Group
Born in Aarau, Switzerland, Alex Rauchenstein holds an Executive MBA for international Wealth Management from GSIA Carnegie Mellon University and a MBA from the University of Geneva. In addition he is Chartered European Financial Analyst. Until December 2005, he was Head of the Investment Process at Centrum Bank, a specialised Privat bank in Vaduz (Liechtenstein). In this position he was responsible for the coordination of the strategic asset allocation, sector-, fund- and stock selection process. Before joining Centrum Bank in 1999 he spent three years setting up and then managing the Eastern European Equity Fund for UBS Asset Management. Alex acquired a very solid finance education at UBS Zurich, where he started his career in 1989 with a trainee Program. He formally joined Strategic Investment Advisors Group, as General Manager of SIA Funds AG in January 2006.
15:20 - 15:50
Jan Šumbera, CFA, Analyst, Odyssey 44
He works as an analyst at the Odyssey 44 family office, where he specializes in publicly traded Western European and US companies. Previously, he worked as an equity analyst for Patria and Česká spořitelna. He graduated from the University of Economics in Prague with a focus on National Economy and Financial Management. He successfully passed all CFA exams.
15:50 - 16:20
Lukáš Brodníček, Portfolio manager, Fio investiční společnost, a.s.
Lukas graduated from the University of Economics in Prague. He spent part of his studies at The Chinese University of Hong Kong. Previously he worked at Czech leading brokerage companies. He is currently a portfolio manager of equity managed accounts at Fio banka and a global equity mutual fund at Fio investiční společnost. The fund consists of 30-40 common stocks predominantly from OECD developed markets with orientation on growth sectors of the economy.
16:20 - 16:50
Ján Hájek, CFA, Portfolio Manager, Top Stocks
Ján started his professional career in 1994 as an sell-side equity analyst. Later he worked as a portfolio manager and proprietary trader. He is the manager of the Top Stocks Fund since its inception in August 2006 when he started working for Erste Asset Management ČR. The Fund invests in a group of approximately 25 common stocks, regardless of their market capitalization, traded in US and Europe and selected for their long-term growth potential.
16:50 - 19:30
Cocktail party & networking
Day 2: 12 November 2019
You can choose among 4 practical workshops. However, you may take part only in three of them, because some workshops may run in parallel. Before you register in the workshops chosen by you, make sure they are not running at the same time. The admission fee for the workshops is to be paid separately. Price for one workshop is 60 EUR (including VAT).
All practical workshops will be held in Czech.