2009 Economic and Investments Forecast Dinner
February 5, 2009
5:00 pm Cocktail Hour • 6:00 pm Dinner 6:30 pm • Panel Discussion
OMNI Hotel • 251 South Olive Street • Los Angeles
Bloomberg Television Economics Reporter and Anchor
Robert L. Rodriguez, CFA
Chief Executive Officer, First Pacific Advisors, LLC
Dr. Sung Won Sohn
Professor of Economics and Finance, California State University Channel Islands
Former Chief Economist, Wells Fargo Bank and retired president of Hamni Bank of Los Angeles
Managing Director and Global Economist, Union Bank of Switzerland
Kathleen Hays is one of the top Economics reporters and anchors in the country, having covered the U.S. economy and the Federal Reserve for more than 20 years on television and in the print and electronic media.
Ms. Hays joined Bloomberg Television as anchor of Bloomberg’s recently launched “On the Economy,” the only daily national business program focusing on the economic forces driving the U.S. and global markets, and the shifts in interest rates that result.
She is also serves as Economics Editor, specializing in the U.S. economy and the Federal Reserve, and the impact they have on interest rates and currencies. Ms. Hays has conducted live televised interviews with many Fed officials.
Ms. Hays came to Bloomberg TV from CNN, which she joined in September 2001. She served as Economics Correspondent for CNN and appeared weekly on a weekend program, “On the Story.” She also anchored “The Flipside” and “CNN Money Morning” on CNNfn. She wrote a popular column called “Hayswire” and a Daily Eyeopener for CNNMoney.com.
Her TV career started at CNBC in 1990, when she was hired to be part of a three-person team on the daily business and economics talk show, “Business Insiders.” Hays became one of the key players on the morning show “Squawk Box,” known for coverage of the bond market, interest rates, and the U.S. economy. She was also Economics Editor for the network, hosting several segments throughout the day.
Ms. Hays started her career at Market News International, a financial news service, which she helped found and where she served on the board of directors. She was Economics Correspondent and New York Bureau chief from 1984 to 1986. In 1987 she joined Reuters to work on the Money Desk, covering domestic and global bond and currency markets, and central bank policy.
In 1989 Ms. Hays moved to Investors Business Daily, where she served as National Economics Correspondent and New York Bureau Chief. She attended Stanford University, where she earned her B.A. and M.A. in Economics. She is a past officer of the Money Marketeers of NYU.
Mr. Rodriguez, who joined the firm in 1983, also is President and Chief Investment Officer of FPA Capital Fund, an open-end small/mid cap value equity fund, and FPA New Income, a high-quality open-end intermediate bond fund. He is also lead manager on institutional separate accounts. Mr. Rodriguez supervises approximately $6.2 billion.
Mr. Rodriguez is a two-time recipient of Morningstar Mutual Fund Manager of the Year Award. The general objective of Mr. Rodriguez's research is to identify stocks that are attractive from a classic value style discipline, in areas that are perceived to be out of favor, with strong balance sheets, solid or improving fundamentals, and a strong competitive position in their industry. He avoids rapidly growing companies because they rarely meet his valuation criteria. His fixed-income strategy is one of winning by not losing. Capital preservation with a focus on total return is paramount in his management. High-quality bonds, along with selected high-yield securities, are generally utilized.
Mr. Rodriguez currently serves as a board member for the USC Center for Investment Studies and the USC Marshall School of Business Board of Leaders. He was the recipient of the Marshall School of Business 1997 Alumni Award for Business Excellence.
Mr. Rodriguez’s prior experience includes serving as Vice President and Senior Portfolio Manager in the Chairman’s Department of Kaufman & Broad, Inc. He was also a Portfolio Manager at Transamerica Investment Services, Inc. He began his investment career in 1971.
Mr. Rodriguez, a Chartered Financial Analyst, received a BS in business administration (Magna Cum Laude) and an MBA, both from the University of Southern California.
Dr. Sung Won Sohn is a professor of economics and finance at California State University Channel Islands and Vice Chairman of a multi-national retailer Forever 21 with sales approaching $2 billion.
Dr. Sohn was the President and Chief Executive Officer of Hanmi Financial Corporation, a commercial bank in Los Angeles with $4 billion in assets until his retirement in 2007. Before joining Hanmi, he was an Executive Vice President and the Chief Economic Officer of Wells Fargo Bank.
Prior to his tenure at Wells Fargo, Dr. Sohn was a senior economist on President Nixon’s Council of Economic Advisors, where was responsible for economic and legislative matters pertaining to The Federal Reserve and financial markets. He has also been a tenured college professor in the Pennsylvania State University System.
In 2007, the Los Angeles Chamber of Commerce recognized him as "The Executive of the Year". In 2006, The Wall Street Journal featured a story naming Dr. Sohn as the most accurate economist in the United States, the most prestigious honor in the economics profession. In 2002, he was named to the Time Magazine's Board of Economists and Blue Chip Publications picked him as the most accurate forecaster for the Western States. In 2001, Bloomberg News selected him as one of the five most accurate forecasters in the United States. Dr. Sohn was chosen as one of the 100 most influential Minnesotans of the 20th Century by the state's largest daily newspaper.
Dr. Sohn was educated at the University of Pittsburgh and Harvard Business School.
Paul Donovan is Managing Director and Global Economist at Union Bank of Switzerland (UBS), the firm he joined in 1992. He is responsible for formulating and presenting the UBS Investment Research global economic view, drawing on the bank’s world-wide resources. He co-authors the Global Economic Perspectives publication with the other members of the Global Economics team and writes Global Economic Specials that focus on key topics of interest to investors worldwide. Paul regularly appears on the CNN, Bloomberg TV, and CNBC television networks.
Mr. Donovan received his degree at Oxford University, where he studied Philosophy, Politics and Economics. He is a senior member and Honorary Fellow of St Anne’s College, Oxford. He also holds an MSc in Financial Economics from the University of London. Paul is a co-founder of the Peter Culverhouse Memorial Trust, a charitable fund that raises money for cancer research and patient care, and an economic adviser to the East London Business Alliance.
CFALA Members: $75
Non-members: $ 95
Payment methods accepted: Visa/Mastercard and American Express. If you prefer to pay by check please register online and select "purchase order" as your payment option and enter your last name as the purchase order number.
Mail check to: CFA Society of Los Angeles, 350 S. Grand Ave, Suite 1680, Los Angeles CA 90071.
Credit card payments will not be accepted nor should be given by phone or email.
Omni Valet $12
For directions, please call the hotel: 213-617-3300