B CA Research has significant in-house research talent. We also attach great importance to maintaining close links with a broad range of external experts in order to exchange ideas and views regarding the economic and financial market outlook. To this end, in 2010, we established a Research Advisory Board (RAB) comprising a diverse group of acknowledged economic and investment experts. The RAB includes members with backgrounds in: policy making, fund management, academia and business, and represents Asia, Europe and North America.
BCA strategists meet regularly with the RAB to brainstorm on key issues and themes that will drive global investment trends and to identify major risks to the outlook.
2013 RAB Members
Martin H. Barnes
Chief Economist, BCA Research
President, Boeckh Investments Inc.
Professor of Economics,
University of California at Santa Cruz
Michael combines a career as an Economics Professor at the University of California at Santa Cruz with that of hedge fund manager in Cabezon Capital, a global macro firm he co-founded. He has 20 years of policymaking experience, focusing on international finance, at the Federal Reserve and the International Monetary Fund. He also spent several years at Deutsche Bank, working to restructure Argentina’s debt.
Editor, The Gloom, Boom & Doom Report
Marc is widely followed for his original thinking and contrarian investment approach. His monthly Gloom, Boom and Doom Report highlights unusual investment opportunities and is considered a must-read publication all over the world. He is also the author of several books. Marc has lived in Hong Kong since 1973.
Co-Founder and CIO, Cumberland Advisors
David is the co-founder and CIO of Cumberland Advisors, a U.S. investment management firm. In addition, he serves as a Director and Program Chairman of the Global Interdependence Center, whose mission is to encourage the expansion of global dialogue and free trade. He also hosts an annual Maine fishing trip, where, it is rumored, many of the nation’s important financial and economic decisions are actually made.
Vice Chairman and Senior Fellow,
The Chicago Council on Global Affairs
Michael has had a long and distinguished career in both the private and public sectors, as well as in academia. Policy positions include President of the Federal Reserve Bank of Chicago between 1994 and 2007 and deputy U.S. trade representative from 1991 to 1993. He also has held senior management positions in a number of major corporations. Currently, he is a Senior Fellow at The Chicago Council on Global Affairs.
Director Global Macro Research,
Brandywine Global Investment Management
Francis is the Director of global macro research at Brandywine Global Investment Management, a firm he joined at the beginning of 2006. Previously, he spent 21 years with BCA, the last three as the firm’s Editor-in-Chief, and 17 years as the head of global investment strategy and analysis. Prior to 1984, he worked as an economist at the Bank of Canada.
President and Founder, Zulauf Asset Management
Felix has worked in the financial markets and asset management for almost 40 years, with positions at leading investment banks in New York, Zurich and Paris. He founded his own firm, Zulauf Asset Management, in 1990. Mr. Zulauf has been a member of Barron’s Roundtable for over 20 years.
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