2009 General Membership Meeting
Extraordinary Times—Steadfast Commitment
The 2009 General Membership Meeting (GMM), held May 6 - 8 in Washington, DC, brought a wide range of fund industry participants and observers together to explore the dynamics at work in the mutual fund industry. Below are links to summaries of sessions and panel discussions.
Wednesday, May 6
Welcome and Opening Remarks
F. William McNabb
Chairman, General Membership Meeting Planning Committee
President & CEO, Vanguard
Chairman’s Address
John Murphy
Chairman, Investment Company Institute
Chairman, OppenheimerFunds, Inc.
General Session: Market Insights in a Time of Crisis
Martin Flanagan, Moderator (Powerpoint)
President & CEO, Invesco Ltd.
James Anderson, Panelist
Chief Investment Officer, Baillie Gifford (Scotland)
Abby Joseph Cohen, Panelist (Powerpoint)
Senior Investment Strategist & President, Global Markets Institute, Goldman, Sachs & Co.
Bill Miller, Panelist
Chairman and Chief Investment Officer, Legg Mason Capital Management, Inc.
Thursday, May 7
General Session: Leadership Panel: Our Steadfast Commitment
Paul Haaga, Moderator
Vice Chairman, Capital Research and Management Company
Edward Bernard, Panelist
Vice Chairman, T. Rowe Price Group, Inc.
Mark Casady, Panelist
Chairman & CEO, LPL Financial
Mark Fetting, Panelist
CEO & President, Legg Mason, Inc.
Robert Reynolds, Panelist
President & CEO, Putnam Investments
Keynote Address
Richard Davis (Powerpoint)
Chairman, President & CEO, U.S. Bancorp
Luncheon: What Just Happened on Wall Street: A Conversation With Michael Lewis
Michael Lewis
Journalist and Author
Moneyball; Liar’s Poker
F. William McNabb, Moderator
Chairman, General Membership Meeting Planning Committee
President & CEO, Vanguard
Leadership Panel: The Shape of Our Future
John J. Brennan, Moderator
Chairman, Vanguard
Roger Ferguson, Jr., Panelist
President and CEO, TIAA-CREF
James (Jes) Staley, Panelist
CEO, J.P. Morgan Asset Management
Paul Schott Stevens, Panelist
President and CEO, Investment Company Institute
Interactive Concurrent Sessions
1. What the Future Holds for Distribution and the Role Asset Managers Will Play
Jonathan Baum, Moderator
Chairman & CEO, The Dreyfus Corporation
Brian Gaffney, Panelist
CEO, Allianz Global Investors Distributors LLC
Stuart Parker, Panelist
EVP & Head of Distribution, Jennison Dryden Mutual Funds
Matthew Schiffman, Panelist
Head of Retail – Americas, Legg Mason, Inc.
2. Restoring Investor Confidence
Merrillyn Kosier, Moderator
Executive Vice President, Ariel Investments, LLC
Sean Keller, Panelist
Vice President of Strategic Marketing, OppenheimerFunds, Inc.
Sandra Motusesky, Panelist
Senior Product Manager, TD Ameritrade
Timothy Stephens, Panelist
Vice President, Market Insights, Fidelity Investments
Friday, May 8
Breakfast Session: A Regulatory Update
Mary Schapiro
Chairman, U.S. Securities and Exchange Commission
General Session: The Future of Retirement Savings
James Poterba, Moderator
Mitsui Professor of Economics, MIT
President, National Bureau of Economic Research
Scott David, Panelist
President, Workplace Investing, Fidelity Investments
Cynthia Egan, Panelist
President, T. Rowe Price Retirement Plan Services, Inc.
Barbara Fallon-Walsh, Panelist
Principal, Vanguard
Daniel J. Houston, Panelist
President, Retirement and Investor Services, Principal Financial Group
General Session: Generations: Lifestyles and Work Styles
Neil Howe
President, LifeCourse Associates
Senior Associate, Center for Strategic and International Studies
