One of the most common, and simplest, ways to explain Exchange-Traded Funds has been to state they are like mutual funds but trade like stocks. Most people can understand the fund piece, however many have difficulty with the exchange-traded piece. In this Webcast, Understanding ETF Trading, experts from Virtu Financial, BlackRock and the NYSE will answer your questions and provide an in-depth look into the nuances of ETF trading.
Lois Gregson, WE Webcast Team Member, moderates the discussion on:
ETF listing and launch process
Understanding the importance of Issuer, Liquidity Providers, and Venue
Changes implemented since the flash crash in 2010
Tips for best execution (for both retail and institutional trades)
-- MODERATOR --
LOIS GREGSON Women in ETFs Webcast Team Member
-- SPEAKERS --
ELLYN COYNE [bio] Head of ETF Sales
MAITAL LEGUM [bio] Head of Issuer Services
New York Stock Exchange
Ellyn’s main focus is to lead the ETF sales efforts, educate clients about ETF trading, and expand relationships with Virtu’s Institutional client base. Prior to the Virtu merger, Ellyn was at KCG for 4 years where she was a senior member of the sales team, focusing on Institutional and B/D accounts.
Ellyn has over 20 years of experience in sales and trading in ETFs, equities and futures. Ellyn joined Virtu (then KCG) in 2014 from Nasdaq, where she was a Managing Director of Transactional Sales, covering relationships with large broker dealers and platforms. Prior to Nasdaq, Ellyn was at NYSE/Arca where she started as a senior member of their trading desk and moved to its market data group where she acted as their sole sales person in converting Arca feed from a free product to a fee liable product. Ellyn started her career in CME’s Eurodollar pit on the floor where she worked for Deutsche Bank as a desk clerk.
MAITAL LEGUM Head of Issuer Services
New York Stock Exchange
In her role, Maital is responsible for overseeing and developing a robust issuer relations and services program to support NYSE listed ETF and Closed-End Fund issuers. She works closely with issuers to support the delivery of a customized, end-to-end support, throughout the entire issuer and product lifecycle. Prior to joining the NYSE, Maital was a member of the sales team at FTSE, the index company, where she worked on new business opportunities, client retention, and strategic initiatives.
SHANNON GHIA Director
Shannon Ghia, Director, is on the iShares Global Markets team. This team seeks to protect and grow trading in iShares funds by actively monitoring and improving the ETF ecosystem, which encompasses investors, broker-dealers, market-makers, trading venues and technology providers.
Ms Ghia heads up the primary trading platform strategy and execution team. In this role she oversees the daily primary trading activity and primary trading platform strategy for the iShares ETF suite.
Ms Ghia’s service with the firm dates back to 2002, including her years with Barclays Global Investors (BGI). Prior to joining iShares she was Relationship Manager, providing data and technology solutions for iShares. In 2008 Ms Ghia joined iShares Product team where she ran the Program Management team responsible for the business operating model and execution of the product development pipeline.
Ms Ghia earned a BA degree in Business / Economics with an emphasis in Accounting from University of California, Santa Barbara.
--- PAST WEBCASTS ---
THE ART OF THE ASK
Know Your Value and Negotiate for More
AUGUST 14, 2018
Have you ever wanted to negotiate a salary or other career advancement opportunity for yourself but were reluctant to do it? You’re not alone. Anxiety is a key reason professionals don't negotiate for themselves and when they do negotiate, may lack tools to be most effective. Join us for an interactive session led by Maya Tussing, Principal at Alesco Advisors to learn new ways to set your goals and position them with stakeholders that can have a profound effect on boosting your confidence to get what you want be it a raise, a promotion, or a new position.
Maya is responsible for client relations and new business development in Alesco’s San Francisco office. Previously, she led BlackRock’s U.S. Institutional Index Asset Allocation business, managing over $200B across a broad spectrum of asset classes, investment styles and vehicles. Over the last 20 years, Maya has held senior risk management roles focused on product development and six sigma process improvement at firms such as BlackRock, Barclays Global Investors, Visa, and GE Capital. She is a graduate of Pomona College and holds an MBA in international finance from the University of Washington.
WHITNEY RAUSCHENBACH Vice President, Head of ESG Marketing - Americas
Investor Action for Gender Parity
MARCH 20, 2018
Each year, International Women’s Day serves as an opportunity to commemorate the women’s rights movement and to accelerate implementation of the UN Sustainable Development Goals and the 2030 agenda, specifically goal 5 “achieve gender equality and empower all women and girls” and goal 4 “ensure inclusive and quality education for all and promote lifelong learning.”
The theme for this year, which will be celebrated on March 8th, is #pressforprogress.
How are countries around the world advancing towards gender parity on corporate boards?
What are the actions investors can take and are taking in pressing for progress within their asset allocation and amongst portfolio companies?
Click on the link below to view the replay of this very informative webcast.
-- MODERATOR --
LOIS GREGSON [bio] Senior Analyst, ETF Analytics Groups, FactSet Research Systems
-- SPEAKERS --
KIERSTEN BARNET [bio] Deputy Chief of Staff to the Chairman, Bloomberg LP
Country lead and Chair, U.S. Steering Committee, 30% Club
MEGGIN THWING EASTMAN [bio] Head of Impact and Screening Research, MSCI ESG Research
CAITLIN McSHERRY [bio] ESG Analyst, Asset Stewardship, State Street Global Advisors
LOIS GREGSON Senior Analyst, ETF Analytics Group
FactSet Research Systems
Lois is a senior analyst with the ETF Analytics group at FactSet Research Systems. The team maintains and develops ETF industry-leading research, data and analytics products. Prior to joining FactSet in March of 2017, she spent 22 years working with regional broker-dealers and their financial advisors in establishing their ETF due diligence process and platforms, in addition to providing educational and sales strategy guidance. Lois graduated from the Southern Illinois University with a BS in Business Management.
ABOUT OUR SPEAKERS
JAMES ANDRUS Investment Manager, CALPERS
James Andrus is an Investment Manager in Global Equity. CalPERS’ is the largest public pension system in the United States with approximately $350 billion in global assets. James leads the legal and regulatory financial market agenda focused on data and corporate reporting transparency.
He is a member of the Disclosure and Transparency Committee of International Corporate Governance Network. Prior to joining CalPERS in 2014, James served as a Corporate Partner at the law firm K&L Gates where he formed alternative investment funds and led mergers and acquisitions in the technology and gaming industry. While at K&L Gates, James also served as the President of the King County Bar Association representing more than 14,000 lawyers in Seattle/King County. James began his legal work as a Finance Associate with Mayer Brown in Houston and began his professional career as a Quartermaster Captain in the United States Army.
In community service, James served on the Board of Pioneer Human Services for 9 years. Pioneer is a $100,000,000 social entrepreneurship organization and operates companies that assist people with criminal histories in productively returning to society. He also served on the Board of Governors of the Central Washington Business School.
James is a graduate of the University of Texas School of Law in 1995 and the United States Military Academy at West Point in 1987.
KIERSTEN BARNET Deputy Chief of Staff to the Chairman, Bloomberg LP
Country lead and Chair, U.S. Steering Committee, 30% Club
Kiersten Salander Barnet is Deputy Chief of Staff to the Chairman of Bloomberg LP, the leading global provider of financial data, analytics, news and media. In this capacity, Kiersten collaborates on key business and internal initiatives, corporate communications and strategic partnerships. Kiersten also manages Bloomberg's Gender Equality Index, a first-of-its-kind performance barometer for gender equality at publicly held organizations. The BGEI provides investors with comparative information on gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings. Kiersten joined Bloomberg in October 2005 and has worked with colleagues and clients in over 30 countries. She is a Strategy Officer of the World Economic Forum, representing Bloomberg in the Media, Entertainment and Information Industry Group and is also a member of the World Economic Forum's Gender Parity Steering Committee. In 2014 Kiersten helped launch the U.S. 30% Club, a group of nearly 75 chairmen and CEOs committed to better gender balance at senior management and board levels. She was subsequently appointed the country lead and Chair of the U.S. Steering Committee. Kiersten sits on the Executive Women’s Council and is a member of W.O.M.E.N. in America. Kiersten holds a B.S. in Business Management from Washington and Lee University and is a recipient of the University’s Distinguished Young Alumni Award.
MEGGIN THWING EASTMAN Head of Impact and Screening Research, MSCI ESG Research
Meggin Thwing Eastman is Head of Impact and Screening Research for MSCI ESG Research, which includes business alignment with the UN Sustainable Development Goals, controversies, global norms, and involvement in controversial business activities such as tobacco, weapons, and fossil fuel extraction. Meggin develops models and authors insights and guidance for asset owner and asset managers seeking to incorporate ESG considerations into their investment process. Recent publications include The Tipping Point: Women on Boards and Financial Performance, Has Gender Parity Arrived in the Executive Suite?, and Fossil Fuel Divestment: A Practical Introduction.
Meggin has worked in the ESG field since joining the former KLD Research & Analytics in 1998. Prior to her current role, she was responsible for MSCI’s ESG methodologies, and before that she led teams of ESG ratings analysts and was MSCI ESG Research’s lead technology sector analyst. She joined MSCI with the acquisition of RiskMetrics in 2010, following RiskMetrics’s acquisition of KLD in 2009. At KLD she led a team of technology sector analysts for several years.
Meggin served as co-chair of the Sustainable Investment Research Analyst Network (SIRAN) Steering Committee from 2014-2015. She holds a BA in Spanish and Asian Studies from Williams College and an MA in Latin American Studies from the University of California, Berkeley.
CAITLIN McSHERRY ESG Analyst, Asset Stewardship, State Street Global Advisors
Caitlin McSherry is an environmental, social, and governance (ESG) analyst on the Asset Stewardship team at State Street Global Advisors (SSGA). In this capacity, she manages SSGA’s global proxy voting guidelines and activities and engages with companies on ESG topics.
Prior to joining SSGA in 2016, Caitlin worked in the energy sector developing utility-scale renewable energy projects. Caitlin earned a bachelor‘s degree in environmental studies from Northeastern University and a master’s degree in sustainability and environmental management from Harvard Extension School.