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Directors:
President -
Greg Filbeck, CFA,FRM,CAIA,CIPM,PRM
Vice President-
George Emanuele, CFA
Treasurer -
Joe Lantz, CFA,CAIA
Research Challenge-
Josh Armstrong, CFA
Secretary-
Jim Herrington,CFA, CAIA
Programs & Media Relations-
Lisa Brignoni, CFA
Membership Outreach -
Cale Grove, CFA
Financial Literacy/University Outreach -
Gene Natali, CFA
Executive Administrator -
Caryn Loehr
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Welcome
to the 29th issue of the
CFA Society of Pittsburgh's Newsletter
.
Thanks to everyone who attended our annual volunteer recruitment and networking event. It took place on Tuesday, August 29
th
at Olive or Twist. At that event, signups took place for our six strategic committees. Anemail went out afterwards to others who wanted to volunteer but couldn't attend with a week to respond. At this point, compiled lists of those volunteering for committees have been distributed to all chairs!
Our third annual CFA Society Pittsburgh Career Fair took place on Monday, September 11
th
from 11:30 to 4:30pm at the University of Pittsburgh University Club Ballroom B at the University Club located on 123 University Place. The event was extremely successful! Thank you to the ten companies that participated (up from three each of the last two years) and to the dozen universities that sent students (doubling last year's number). Pictures appear below from the event!
Two important events take place this month: the kickoff to the Research Challenge on September 21
st
. Student teams will be conducting a valuation of Wesco this year. At present, it appears that 8 universities plan to field a team!
On September 28
th
we will hold our annual meeting and charter recognition event at PNC Park. Come ready for our annual meeting, great food and drink, and tours of the facility!
The primary goals of the newsletter are to keep members and supporters of the Pittsburgh Society informed about the society's activities and foster greater community involvement by all members.
- Dr. Greg Filbeck, CFA, FRM, CAIA, CIPM, PRM
President, CFA Society Pittsburgh
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Putting Investors First
The CFA Society Pittsburgh site has added a link for Putting Investors First. This is an opportunity for all investment professionals to assert that they have an understanding of the 10 Investor Statement of Rights and pledge to adhere to these statements. Please join us in making investors aware of their rights and letting them know you hold yourself to the highest of standards.
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Attention Students!
The CFA Society Pittsburgh is excited to offer membership to students from local universities. As part of our program, student members receive:
- Access to networking events with Pittsburgh investment professionals
- Educational events led by our members
- Special discounts to CFASP events
- First two luncheons are free! $10 fee for additional luncheons
Sign up here. We look forward to welcoming you as part of the CFA Society Pittsburgh.
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October Luncheon: Blockchain 101 Panel
What is the blockchain, how does it work, and what will it mean for U.S. industries? Join us for a presentation on the fundamentals of the blockchain and cryptocurrencies, like BitCoin, followed by a panel discussion of current and prospective uses and implications for the financial services industry and other industries and potential investment opportunities in cryptocurrencies. Our speaker and panelists will include representatives from BNY Mellon, The Hillman Company and other local companies.
When: October 11, 2017 at 12:00 PM ET
Where: Omni William Penn, Downtown Pittsburgh
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Collegiate Financial Plan Competition
2017-18 will mark the Society's 4th annual Collegiate Financial Plan Competition. The number of participating schools and students has increased in each of our first 3-years, and this school year we have set a goal of 200 entries from 20 of our regions College/University partners. If Society members are interested in assisting with this effort please contact Gene Natali.
Last year, a team of 22 volunteers reviewed entries and taught 2-day financial plan seminars at five of our local schools. Sample plans and past winners can be found on the Society's website.
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Upcoming Luncheons - Save the Date!
November 8, 2017:
Doug Baker - Navigating the Fixed Income Market
December 6, 2017:
Frank Rybinsky - Demographics Destiny
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Highlights from Recent Events
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Special Luncheon featuring Loretta Mester, President and CEO of The Federal Reserve Bank of Cleveland
The CFA Society of Pittsburgh joined the World Affairs Council and the Economic Club of Pittsburgh to welcome Loretta Mester, CEO and President of the Cleveland Fed back to Pittsburgh for a luncheon on the current market outlook. The luncheon took place on September 7th at the Wyndham Grand Pittsburgh.
Ms. Mester delivered a comprehensive overview of the economic outlook in the U.S. She shared her thoughts on specific issues like: why productivity has stalled, the pros and cons of the minimum wage and economic impacts from Hurricane Harvey.
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3rd Annual CFA Society of Pittsburgh Career Fair
Panels included:
The CFA Charter and Program Explained
- Dr. Greg Filbeck provided an overview of the CFA Program and was joined by a panel of CFA Charterholders to
candidly answer students' questions.
Building Your Network - Networking and Making Connections for Career Success - presented by: Courtney Steding, Associate Director, Academic & Career Planning Center, Penn State Erie, The Behrend College. Courtney touched on the importance of networking and specific strategies to get that first job out of school.
Job Search Strategy Uncensored - George Emanuele moderated a panel of seasoned hiring managers and human resources personnel where they shared insights on interviewing experiences and the recruiting process.
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| Annual Partner Sponsors
CFA Society Pittsburgh would like to thank its partnership sponsors for their support of the Society.
GOLD 
Silver  |
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Stock Pickers Contest
Update -
2/08/17 - 8/31/17
| Contestant |
Avg. |
STK 1 |
STK 2 |
STK 3 |
| S&P 500 |
7.71% |
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Malcolm
Polley
|
28.42% |
MYGN
84.56% |
FII
6.10% |
TGI
-5.40% |
Kim
Caughey |
1.30% |
VZ
-0.83% |
URBN
-23.33% |
VFC
28.07% |
Mike
Halloran |
0.25% |
SLB
-21.71% |
JPM
5.74% |
JNJ
16.73% |
Shawna
Aufman |
3.51% |
FFIV
-14.04% |
PYPL
50.88% |
SYNA
-26.31% |
Mark
Rodgers |
15.35% |
WSM
-1.29% |
ALCO
21.44% |
PKI
25.90% |
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