'INSPIRING
VIEWS'
OUTLOOK 2010: SIGNS OF RECOVERY
EVENTS
28 issue 22 THE WORD
For the fourth year, Rabobank International held its 'Inspiring Views'
seminar. Around 50 business relations, representatives of pension
funds, insurance companies, asset managers and banks partici-
pated in the seminar, which was organised by GFM's Financial
Institutions Sales department and took place at Hotel Huis ter Duin
in Noordwijk, the Netherlands.
The theme of this year's seminar was 'Risk Management', and
included a number of speakers. Elwin de Groot from GFM research
presented the 'Macro Economie Outlook 2010' and concluded that
'The world economy will restore itself in 2010 but not excessively.
Inflation will remain moderate in the short-term, while in the long
term there will be risks."
WhatInspiring Views seminar
When? 5 November 2009
Where? Hotel Huis ter Duin in Noordwijk, the Netherlands
Eddie Clarke from GFM London gave an overview of the current
developments in the credit market, while Roderick Munsters, CEO
of Robeco, gave a presentation about the risks of not investing.
Tonko Gast from Dynamic Credit Partners gave a presentation on
the credit worthiness of securitisations and made a comparison
between the similarities and differences in the European and
American mortgage market. Then, Arnold Gast from Delta Lloyd gave
a presentation called 'Sailing through the Crisis'. The day concluded
with a dinner.
"This seminar was a great success due to the great turnout
and because of the interesting presentations, which definitely
allowed for some discussions. A seminar such as this one is
a great way to increase our intimacy and involvement with
clients," said Gert Jan Vliem from Sales Benelux Global Financial
Markets, Rabobank International.
Outlook 2010
What? Outlook 2010 Conference
When? 1 December 2009
WhereUtrecht, the Netherlands
Last December, more than 300 people from
corporate relations departments, financial
institutions and non-profit organisations
attended Rabobank's annual 'Outlook' con
ference, held at the Duisenberg Auditorium
in Utrecht, the Netherlands.
During the conference, Rabobank presented
its 'Outlook 2010' and 'Globalisation at a Cross-
roads' publications. Sipko Schat, Rabobank
Executive Board member, presented 'Globali
sation at a Crossroads', and said: "Despite the
spectacular rate of growth in the past three
decades, the volume of world trade dropped
by almost a fifth within three months after
the collapse of Lehman Brothers. The unprec-
edented rundown of inventories since
the fourth quarter
of 2008 led toa
massive slump in
industrial production
across the world
owing to the vertical
integration ofglobal
supply chains.The
tightness of credit conditions also acted
as a drag on business investment. At this
moment, however, world trade is showing
signsofrecovery."
Piet Moerland, Chairman of the Board of
Rabobank Nederland, presented 'Outlook
2010'. He said that the full recovery of
world trade might extend beyond 2010,
and noted that factors that will influence
this recovery are the developments in
the BRIC region, in particular China and
India, and the impact of geopolitical shifts,
commodity prices, environmental issues,
climate control and food production.
Alexander Rinnooy Kan, Chairman of
the Social and Economie Council of the
Netherlands, presented his view on safe and
sustainable globalisation. The conference
ended with a forum discussion led by Sipko
Schat and with contributions from Wim
Boonstra, Chief Economist of Rabobank, Jan
Lambregts, Global Head of Financial Markets
Research and Arjo Blok, Head of Global
Financial Markets.