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GMM Planning Committee Chair Yie-Hsin Hung, CEO of New York Life Investment Management, set the stage for the meeting, reflecting on how competition, technology, and global thinking are redefining the fund industry.
ICI Chairman George C. W. Gatch, CEO of global funds management for JP Morgan Asset Management, discussed the unstoppable path to globalization in the fund industry and the inevitable integration of world economies. He also noted the necessity of advancing investor education and promoting financial literacy around the world while working to help investors achieve their financial goals.
Joseph Tsai, Alibaba Group cofounder and executive vice chairman, engaged in a lively conversation with ICI President and CEO Paul Schott Stevens on technological innovations, which require not just the right technology but also the right circumstances. Tsai and Stevens also discussed how the United States and China can ensure a relationship with mutual advantages and how the next generation will be able to succeed.