Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Designing the Optimal Family Governance Structure

David Plyler, Chief Executive Officer and Founder, Gleneagles Group, a speaker at the marcus evans Private Wealth Management Summit Fall 2012, on designing a solid family governance structure.

New York, NY, Dec 3, 2012 - (ACN Newswire) - Wealthy families have to be more involved in the investment management process, says David Plyler, Chief Executive Officer and Founder, Gleneagles Group. "In 2008, many families told their wealth advisors that they had seen it coming, but they did not necessarily communicate that anxiety or uneasiness to their portfolio managers. Private wealth management should be a much more collaborative effort," he added.

A speaker at the upcoming marcus evans Private Wealth Management Summit Fall 2012, in Las Vegas, Nevada, December 2-4, Plyler discusses how a solid family governance structure can be set up to better deal with market uncertainty and volatility.

- What should a wealthy family's decision-making process entail? How can a solid family governance structure be set up?

Private wealth management should be a much more collaborative effort. There should be as little uncertainty as possible regarding how much capital the family might need to take out of the portfolio, because that is what messes up an investment portfolio, especially when the market is down.

The collaboration has to be on two levels. There has to be clarity on cash needs and a clear understanding that at least part of the portfolio is for the long-term and not one where emotional judgments can be made every quarter. There needs to be an investment policy statement stating exactly what the family wants to accomplish with the portfolio for managers to follow.

Besides financial capital, there is also intellectual and social capital to manage. We have a program to have children of wealth ready to assume meaningful roles in the family by age 25, as we find that they tend to live sheltered lives and be unprepared for heavy responsibility.

- How can they take market uncertainty into account?

They have to recognize that there is more volatility and uncertainty in portfolios today, so they need to take a longer-term view of markets. For example, when it comes to investing in emerging markets, investment managers have to discuss with their clients the long-term attractiveness of those markets, to make sure that they can stand any volatility. If the client's liquidity needs are clear from the start, they will not pop up when those markets are volatile and on the downside.

- What assets can take advantage of market volatility?

There are many different strategies to play on volatility. For instance, we utilize option trading strategies where volatility is more of an asset strategy within the portfolio, and produces lower but steady rates of return. They throw off cash flow and try to take advantage of volatility in the market.

We also use managed futures, one of the few asset classes with positive returns in 2008. It is a very volatile strategy on a monthly basis, but in a downturn it makes money after an initial hit.

There are also attractive opportunities in private equity, as many companies are having difficulty competing. The small and middle market private equity space tends to have a stabilizing effect on a portfolio. We expect 12-15 per cent returns over the next five to seven years.

About the Private Wealth Management Summit Fall 2012

This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas, Nevada, December 2-4, 2012. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on the global economic outlook, family governance structures, sustainable wealth management and succession planning. For more information please send an email to info@marcusevanscy.com or visit the event website at www.privatewealthsummit.com/DavidPlylerInterview

marcus evans group - investment sector portal: http://tiny.cc/4QCf2b

The Investment Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.
- LinkedIn: www.linkedin.com/groups?mostPopular=&gid=3937929&trk=myg_ugrp_ovr
- YouTube: www.youtube.com/MarcusEvansInvest
- Twitter: www.twitter.com/meSummitsInvest
- SlideShare: www.slideshare.net/MarcusEvansInvest
Please note that the Summit is a closed business event and the number of participants strictly limited.

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com.

- Twitter: www.twitter.com/meSummitsGlobal
- YouTube: www.youtube.com/user/MarcusEvansGroup
- SlideShare: www.slideshare.net/MarcusEvansSummits

Source: marcus evans Summits

Contact:

Sarin Kouyoumdjian-Gurunlian
Press Manager, marcus evans, Summits Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com




Copyright 2012 ACN Newswire. All rights reserved.

About ACN Newswire
Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
This past week the Appcore team got the opportunity to attend one of the industry’s leading cloud events, Cloud Expo in Santa Clara, CA. We spent a lot of time interacting with attendees at the exhibit portion of the event. As a software company with a sole commitment to CloudStack, we...
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where th...
Microsoft Azure, a cloud platform, is rapidly expanding its scope to include newer enterprise class services. Some of the significant new additions are: Azure Search: Azure Search Service is a fully managed, cloud-based service that allows developers to build rich search applications ...
Since the announcement of Docker approximately 18 months ago there has been an explosion of new technology in this space. Although the list is becoming very long, here I will outline five evolving Docker-related technologies that are driving the direction that cloud technology is going...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world. The next @ThingsExpo will take place November 4-6, 2014, at the Santa Clara Convention Center, in Santa ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE