2:45—4:15 pm
Around the Investment World Perspectives From the Community

Mike Spencer, Moderator
FPPTA Education Committee

Global Economy
David Lebovitz, JP Morgan Asset Management
Domestic Equities Markets
Geoff Gerber, Twin Capital Management
Domestic & International Bonds
Howard Bos, Richmond Capital Management
International & Emerging Markets
Kurt Wood, DRZ Investment Advisors

Mike Spencer, Moderator
FPPTA Education Committee

Mr. Spencer retired from investment management in 2012 after a career of 31 years in the industry.  During that time, at one time or another, with a number of firms, he acted as and held the title of Chief Executive Officer, Chief Investment Officer, Chief Compliance Officer, Director of Fixed Income, Senior Equity Portfolio Manager, and Senior Fixed Income Portfolio Manager.  Mr. Spencer participated in the redesign of the CPPT program into its current form and presently serves the FPPTA as its Director of Faculty.  Mr. Spencer is a Chartered Financial Analyst and a member of the Boston Security Analysts Society and the Boston Economic Club.

David Lebovitz
JP Morgan Asset Management

David M. Lebovitz, Executive Director, is a Global Market Strategist on the J.P. Morgan Asset Management Global Market Insights Strategy Team. In this role, David is responsible for delivering timely market and economic insights to clients across the country. David helped build the Market Insights program in the United Kingdom and Europe, has appeared on both Bloomberg TV and CNBC, and is often quoted in the financial press.

David first joined J.P. Morgan in 2010. Prior to joining the firm, he was a Research Analyst at Kobren Insight Management.

David obtained a B.A. in Political Science and Philosophy, with a concentration in Leadership Studies, from Williams College in 2009. He earned a dual-MBA degree from Columbia University and London Business School in 2015.

Geoffrey Gerber, Ph.D.—President and CIO
Twin Capital Management

Having founded TWIN in 1990, Geoff is the Chief Investment Officer overseeing the quantitative investment process and general management of the firm.   Recognized as a specialist in institutional quantitative investment management, he is often quoted in the financial press.  Two of his publications appear in Market Neutral: State-of-the-Art Strategies for Every Market Environment as a chapter entitled “Using a Nonparametric Approach to Market Neutral Investing” and in Global Asset Allocation as a chapter entitled “Equity Style Allocations: Timing Between Growth & Value”.  His most recent publication is entitled “Dividend Growth as a Defensive Equity Strategy”, published in the Journal of Investment Consulting.

Outside of TWIN, Geoff is a faculty member for the Aresty Institute’s Wharton Executive Education Program on Pension Funds and Investment Management.  He participates in a number of foundations’ investment committees and boards including the Burroughs Wellcome Foundation, the Jewish Federation of Greater Pittsburgh and the Jewish Healthcare Foundation.  Geoff is also a member of the Editorial Advisory Board of the Journal of Investment Consulting and is a former member of the Investment Advisory Committee for NY State Teachers Retirement System (NYSTRS).

Prior to founding TWIN, he held senior portfolio management positions at Prudential Insurance and Mellon Equity Associates.  Geoff earned a Ph.D. in Finance and Economics from the University of Pennsylvania, and a B.A. in Economics from the State University of New York at Buffalo where he graduated summa cum laude and was elected to Phi Beta Kappa.

Howard K. Bos, CFA
Managing Director and Portfolio Manager
Richmond Capital Management

Howard is a managing director and portfolio manager at Richmond Capital Management. With over 20 years of fixed income experience, Howard joined Richmond Capital Management in 1999.  As a generalist in fixed income, Howard focuses on a broad spectrum of the market, in particular corporates and mortgage-backed securities.  He began his career at Sovran Capital markets as an institutional fixed income salesman and left as a senior vice president at Banc of America Capital Markets.  He then went onto Key Capital Partners as a senior vice president of institutional sales.

Howard is a graduate summa cum laude from the College of William and Mary.  He is member of the Richmond Society of Financial Analysts and is a Chartered Financial Analyst.  He also, currently serves as Chairperson for the Advisory Board of the Florida Public Pension Trustees Association and is a Certified Public Pension Trustee (CPPT).  A consistent fixture at a number of conferences, Howard is a regular speaker on Bonds and Fixed Income investments.

Kurt Wood, Partner
DePrince, Race & Zollo, Inc.

Kurt Wood serves as a Partner and Director of Client Service at DePrince, Race & Zollo, Inc., an institutional value equity investment management firm. Mr. Wood rejoined his former Sun Bank Capital Management colleagues in 2004.

Prior to joining DePrince, Race & Zollo, he was a founder and partner of JRW Partners, a consultancy dedicated to helping improve the businesses of institutional money managers worldwide.  He began his investment career 34 years ago at Sun Bank Capital Management and left the firm as Managing Director.

Mr. Wood is a graduate of Clemson University.  He is a former board member and past president of the Association of Investment Management Sales Executives (AIMSE).  He served as a Trustee and Investment Committee Chairman of the $125 million Winter Park Health Foundation and currently serves as a Trustee of the Heart of the City Foundation.