Aikin encourages fund managers, fiduciaries step up at PRIC 2011

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Posted on Nov 17 2011
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APAFS chair Gerry Cruz, left, shakes hands with Blaine Aikin, keynote speaker of the 11th PRIC held last month in Makati, Philippines. (Contributed Photo) The Asia Pacific Association for Fiduciary Studies recently brought together almost 200 key decision makers and high level ranking officials from 12 countries during the biggest investment conference yet in the Asia Pacific region, the 11th Annual Pacific Region Investment Conference back-to-back with the prestigious Accredited Investment Fiduciary® (AIF®) Training held last October in New World Hotel, Makati City.

Leading the pack of fiduciaries, 11th PRIC keynote speaker Blaine Aikin, shared his valuable insights and encouragement for attendees to step up in their respective responsibilities by emphasizing seven significant precepts in his talk: Know the rules; Diversify to a risk and return profile; Prepare an IPS (Investment Policy Statement); Use prudent experts and document due diligence; Control and Account for investment expenses; Monitor the activities of prudent experts; and Avoid conflicts of interests and prohibited transactions.

Blain is the chief executive officer of Fi360, the go-to global source of investment fiduciary insights.

APAFS, through the 11th PRIC, seeks to create the financial and investment arena into a progressive niche for world-class fiduciaries by bringing in the AIF® Training, one of the most sought-after designations in the field of investment, led by Fi360. A number of key players in the financial industry also pledged their support in the conference: the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), the Trust Officers Association of the Philippines (TOAP), the Chartered Financial Analyst Society of the Philippines (CFA), the Financial Executives Institute of the Philippines (FINEX), and the Philippine Stock Exchange (PSE). (APAFS)

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