France: BNP Paribas

The business meetings we’ve had on our Investment Trek have been outstanding.  As you can imagine, trying to connect the dots between an independent RIA in Salt Lake City, Utah to various government agencies, central banks, exchanges, ETF providers, research firms, index/data providers, investment banks, and other asset managers has been no small task...

France: MSCI

Fundamental to ETFs are the underlying indices.  Without an index, an ETF simply doesn’t exist.  Like a flame requires oxygen, an ETF requires an index.  Because indices are fundamental to ETFs and ETFs are fundamental to what we do at Lunt Capital, we’ve made an effort to talk with a number of index providers around the globe on our Investment Trek...

France: Invesco PowerShares

I’ve had a number of meetings with Invesco PowerShares representatives around the globe and each meeting has been insightful and very valuable.  My meeting with PowerShares in Paris also met this high standard of quality.  I had the pleasure of meeting with Thibaud de Cherisey and Jean-Baptiste Lavollay from the Paris Invesco PowerShares team...

Switzerland: Farewell

Having completed 14 flights on my Investment Trek up through Germany (and 3 with more flights to go before I’m back in the U.S.), I opted for a different mode of transportation to get to Switzerland.  The alternative selected?  A good ol’ fashioned road trip through Austria and Liechtenstein.  It’s hard to beat a drive through the stunning mountains, quaint townships...

Switzerland: iShares BlackRock

Doug Frey connected me with an outstanding BlackRock team in Singapore.  So, when he offered to help put me in touch with a group in Zurich, Switzerland, I jumped at the chance.  Thanks to Doug, I was able to meet with Maria Sala and Stephan Meschenmoser at BlackRock in Zurich.  Maria works on the iShares side of the business while Stephan works within BlackRock Solutions...

Germany: Farewell

With my last name of Hessenthaler, many people correctly assume that my ancestral heritage ties back to Germany.  In fact, my paternal grandfather immigrated to the U.S. in the early 1900’s.  I never met my grandfather (my direct connection to Germany), I don’t speak German, I don’t have any family to speak of in Germany, I’ve only visited Germany a few times… 

Germany: Invesco PowerShares

Our Investment Trek has connected us with an amazing network of financial professionals, investment experts, and government officials across the globe.  In many cases, both John and I have participated in meetings on the trek that we knew the other would have absolutely loved to have been a part of.  Whether it was a certain personality type or a topic that was particularly interesting...

Germany: Deutsche Bank

It seems only fitting that a visit to Germany would include a discussion with one of the largest banks in the world, Germany’s own Deutsche Bank.  While visiting Munich, I had the opportunity to meet with Martin Weithofer.  Martin works in the Deutsche Asset & Wealth Management arm of the bank and holds the title of Managing Director, Passive Asset Management...

Italy: Farewell

In my blogs from Egypt, I conveyed the concern many Egyptians expressed about the dramatic lack of tourists visiting Egypt.  They asked, “Where have all the tourists gone?”  Having spent the last few days in Rome, I think I have at least one good response to the Egyptians question – a good number of the tourists so clearly absent from Egypt are wandering the streets of Rome...

Italy: Ministry of Economy and Finance

My interesting experience getting out of Cairo at an unconscionable hour was rewarded with a morning arrival in Rome, Italy, and a great meeting at the Ministry of Economy and Finance in the heart of Rome.  Stefano Scalara who is a counsellor to the Minister shared a wealth of information about the Italian economy, governmental reforms, and some of the challenges facing Italy...

Egypt: Farewell

Despite my best attempts to find a flight a little more conducive to an already mixed-up sleep schedule, my flight out of Cairo left at 3:30am.  My experience getting to, and through, the airport processes was fascinating… and illustrative (in my view) of some of the challenges currently facing Egypt. I’ve been lucky to travel quite extensively, so I’ve had the “pleasure” of seeing...

Egypt: Current Issues

I participated in a second meeting in Cairo with another group who is very familiar with the economic and investment landscape in Egypt and the region.  Like my first meeting, the participants requested to remain unnamed out of an abundance of caution. We spoke about the revolution and catalysts for change in Egypt.  My hosts noted that despite some reports, they believe...

Egypt: CI Capital

Our investment trek has primarily focused on international developed and emerging markets.  The distinction between these two categorizations depends on who you’re talking to and the definitions they’ve established to separate countries into different groups.  Lunt Capital’s Select Country Rotation doesn’t focus first on whether a country is part of group A or group B...

India: Farewell

As I wrap up my time in India, I leave this fascinating country with a sense of awe.  You can’t travel the streets of Delhi or Agra without feeling the overwhelming pulse of humanity.  If I were to describe my experience in India in just one word, that word would be “relentless.” In my experience, Delhi is a city that never really takes a breath and pauses...

India: Ministry of Finance

When I head out for a meeting on Investment Trek, my normal pattern is to bring my backpack containing: DSLR camera, GoPro camera, pre-meeting notes, notebook, pen, etc… all the stuff I use to try and capture the content and location of the meeting.  Up to this point on my journey, this list of seemingly innocuous supplies hasn’t been an issue...