Summary: The behavior of markets during the first half of 2009 will likely have a profound influence on investors for years to come. Please join David Cleary to discuss the importance of the first half of 2009 and what effect it has had on his outlook for the shape of the recovery, and the economic dispersion amongst winners and losers. Featured Speaker: David Cleary, CFA, Managing Director, Portfolio Manager/Analyst David Cleary is a Managing Director of Lazard Asset Management LLC. He is currently responsible for the management of the Lazard Capital Allocator Series (LCAS). Additionally, he provides oversight for the Fixed Income platform. LCAS is a global tactical asset allocation investment product, which implements portfolio themes primarily through index and index-like investment vehicles. David works on asset allocation modeling and total portfolio risk management and sits on the LCAS Advisory Board. Previously, he spent nine years as a Fixed Income Senior Portfolio Manager at Lazard with a focus on risk control, sector allocation, and total portfolio management. David began working in the investment field in 1987. Prior to joining Lazard in 1994, David worked as a Portfolio Manager with Union Bank of Switzerland and an Assistant Treasurer with IBJ Schroeder, both primarily in fixed income asset management. He has a BS from Cornell University. David is a member of the New York Society of Security Analysts (NYSSA) as well as the CFA Institute.
