Fin Talks: A New Forum Dedicated to Cayman’s Finance Industry

George Town, Grand Cayman, Cayman Islands (20 April 2021) – Cayman Commodities & Derivatives Centre, a special economic zone by Cayman Enterprise City (CEC) together with ReSolve Asset Management SEZC, is excited to announce a new series of financial sector discussions titled, “Fin Talks”. Focusing on market research and industry trends with subjects such as investments, liquidity, virtual assets, and related topics, the live series of discussions will be held regularly throughout the year and create a new avenue for networking opportunities and help to build a stronger business and financial services community in the Cayman Islands.

“Community building is an important aspect of what we do at Cayman Enterprise City. With a flourishing cluster of commodities and derivatives traders, we felt it was the right time to launch a new industry focused series that would add something new to Cayman’s already vibrant financial services community,” explained Charlie Kirkconnell, CEO at Cayman Enterprise City.

The first event, entitled “Rising Rates, Inflation, and the Death of 60/40,” was held on Tuesday, 23 March 2021 and was led by Rodrigo Gordillo, President and Portfolio Manager at ReSolve Asset Management SEZC. Gordillo discussed ReSolve’s four pillars of building consistent, robust, and diverse portfolios amid the changing interest rates and inflation. It gave the participants insights about investing in unconventional asset classes that could give an all-weather portfolio or a portfolio that could thrive in different market environments, topics particularly valuable and of interest in the current global climate.

“Many investors like to manage portfolios through the rear-view mirror, but investors will need to think differently to thrive in the years to come. It will be key to own a balanced portfolio designed to thrive in a wide range of market conditions,” said Gordillo.

“Investors have been lulled into a state of complacency over the past decade as governments have absorbed most of the risks in financial markets. I expect we will see some consequences from these policies emerge over the next few years, in the form of inflation or perhaps through other channels that may take investors by surprise. We are encouraging investors to make changes to portfolios now to prepare for the uncertain times ahead,” said Mike Philbrick Chief Executive Officer at ReSolve Asset Management SEZC.

The next session will be held on Tuesday, 27 April 2021, with a focus on “Liquidity Cascades,” and the research paper published by Corey Hoffstein, Co-Founder & Chief Investment Officer at Newfound Research LLC who will be leading the forum. Together, attendees will explore how the market has gone awry after the COVID-19 crash and delve into how different financial policies and expanded market derivatives can destabilise markets.

“Every session is designed to give participants the chance to learn from the moderators, interact with other financial industry professionals, and expand their network to create a wider business community of similar interests,” added Kirkconnell.

Fin Talks sessions will be held throughout the year. Members of the Cayman Islands’ financial services sector are encouraged to register their interest and/or submit proposals for discussions by emailing innovate@caymanenterprisecity.com.