Panel Discussion: Products: Bonds and More Martin Berg Jan-Peter Onstwedder Mike Wilkins
Welcome by Paul Sizeland Keynote speech: Innovation in Climate Change Financial Products and Services Nick Robins Panel Discussion: Indices: Carbon, Biodiversity David Harris Joaquim de Lima Neil McIndoe Stephane Voisin Professor Michael Mainelli
Financial centres have existed since antiquity, from the legendary entrepôts of Babylon, Samarkand, Constantinople, Marrakech or Timbuktu through to London and New York City vying for today's top spot. But competition is hot. Is financial centre competition a zero-sum game or can everybody win? We'll examine today's financial centres to see what matters for success.
A Fusion of Benjamin Britten's "Six Metamorphoses After Ovid" (Op.49) with Commercial Musings on Sustainability Michael Mainelli (speaker) John Harle (saxophone + speaker) William Joseph (graphics) People change the planet in beautiful and terrifying ways, from high art to base waste. Never before have we had such power to transform our planet and ourselves. Never before have we so risked losing everything. Robust economies and environments are essential to mankind's future. This performance combines music inspired by Ovid's works with selections from modern political and economic thinking in order to envision how society might metamorphose towards sustainable commerce with nature. The Lecture is presented in 6 parts, each one characterised by a mythological being. Open - Changes 1. Pan - Despair to Hope - Nature to Mankind Pan, who played upon a reed pipe which was Syrinx his beloved. Pan (1:48), graphic - Strings, a fractal 2. Phaethon - Rise and Fall - Mankind's Power Phaethon, who rode upon the chariot of the sun for one day and was hurled into the river Padus by a thunderbolt. Phaethon (1:29), graphic - Sun Spot sequence from hubble telescope 3. Niobe - Pride before Loss - Caution and Trust Niobe, who lamenting the death of her fourteen children, was turned into a mountain. Niobe (2:26), graphic - Volcano, a fractal 4. Bacchus - Destruction after Excess - Internalising Externalities Bacchus, at whose feast is heard the noise of gaggling women's tattling tongues and shouting of boys. Bacchus (1:53), graphic - Feuerwerk, a fractal 5. Narcissus - Inclusive or Exclusive - Feed-forward To Community Narcissus, who fell in love with his own image and became a flower. Narcissus (3:04), graphic - Face2Face, a fractal 6. Arethusa - The Needs of Many - Population Arethusa, who flying from the love of Alpheus the river god, was turned into a fountain. Arethusa (2:49), graphic - Havasu canyon, Arizon Close - Sustainable Commerce and The Long Finance This is a part of the series of events which were be held in collaboration with the 2009 City of London Festival. Other lectures included: The Idea of the North London's Lost Rivers Out of the Wasteland: Hope for a Greener World Musical Morals and Moral Music: The Artist and the Environment Burns the European
There are two types of people in the world - those who believe in markets and those who don't. Debate on the role of markets in society has taken on religious attributes. Saints or crooks? Public sector versus private sector? Rawls or Nozick: liberty or distribution? Regulated versus unregulated? Surely there is a gap in the middle for a more scientific approach to commerce, but what might it look like and shall it arrive in time?
The position of the Lord Mayor of London has existed since 1189 and has always been one of the most important roles in maintaining London as the prime international financial capital in the world. As the 679th Lord Mayor, John Stuttard attended nearly 2,000 engagements, including 466 formal lunches and dinners, 764 speeches and 133 media interviews. He hosted visiting foreign Ministers, businessmen and dignitaries and he spent more than 100 nights abroad in 23 countries promoting the financial, maritime and other business services industry of the UK. Every day was different; every day was special. This talk looks at the reasons behind the City of London becoming the Financial Centre of the World, what the key success factors, opportunities and threats are, and what the role of the Lord Mayor is as the champion of the City both ancient and modern.
This symposium hosted in association with the Lokahi Foundation will examine these paradoxes as they apply to religion, ethnicity, political views and economic systems. The final talk of the Symposium is as follows: Diversity Rules: Competition, Liquidity and Equitable Markets by Professor Michael Mainelli (Gresham College, Z/Yen and London School of Economics and Political Science) - Does diversity improve economic decisions? - Without diversity can we have equity? - How might global trends affect economic diversity?
What makes a Good Auditor? 'Trust me! I'm an auditor!' Contradictions in Auditing, Governance and Trust? - Panel Discussion
This part of the symposium includes the following panel discussion: Trust me! I'm an auditor! Contradictions in Auditing, Governance and Trust? What are the drivers of auditing as a tool for conveying trust? What role does the auditor play in conveying trust? What are the limits and perils of audit in modern soceity? Who audits the auditors, and how is this evolving? Chair: Alderman Professor Michael Mainelli Panel: Dr Jane Beaumont, UKAS Philip Ratcliffe, Institute of Internal Auditors Professor Isobel Sharp, Deloitte
All markets are based on trust. Confidence is everything. Yet investors must take risks, new products and services must be explored, sometimes one needs to trade with strangers. This lecture will explore the role of trust in commerce and power while setting out some early thoughts on the Theory of Influence.
Should we prefer the brittle resilience of a very nervous central system to being nervous about robust but decentralised economic systems? From fear of a decentralised National Health Service to uncertainties over global Sovereign Wealth Funds affecting local economies or doubts about the limits of planning, societal fears often contradict best practices. We shall affirm the relationship between localised commercial freedoms and fundamental notions of democracy.