The unexpected results of the Brexit referendum crystallized a series of political and social trends that had been building for years.
Investors cannot ignore the fact that globalization is creating profound pressures in the Western world. Dr. Power discussed the nature of these pressures and reflected on what they mean for Great Britain, the United States, the European Union, emerging markets, and China.
The speaker presented the implications for the prevailing narrative of the free movement of goods and capital that has dominated global financial markets. In closing, he summarized the implications of these developments for building a global investment portfolio.
Power holds a Ph.D. in Economics from the University of Cape Town, an M.A. in Business and International Law from The Fletcher School, and a B.A. in Politics, Philosophy, and Economics from the University of Oxford. He worked in the Middle East Department at Chase Manhattan Bank and in the Corporate Finance Department at Anglo American in South Africa.
He served as director of the Emerging Markets Department at Baring Asset Management in England. He was portfolio manager of the Pan African Simba Fund.
Coverage of the conference published on the Faculty of Administration and Social Sciences website.