News Releases
Members of the media are invited to join Dr. Sherry Cooper, Chief Economist, BMO Nesbitt Burns and Donald Coxe, Global Portfolio Strategist, BMO Financial Group, for a discussion on how a potential flu pandemic could pose a significant “outside risk” to the health of not only the population but also the financial markets and the global economy.
In their special 40-page report, Dr. Cooper and Mr. Coxe highlight the importance of managing risk and having a balanced portfolio to help ride out the storms that can occur in investment markets. They say while extreme outcomes are rare; investors should take the time to consider what could happen at any point during their investment journey.
“It is for epidemiologists to decide the likelihood and severity of the next pandemic; but, Don Coxe and I have concluded that the economic and societal effects of a pandemic, even a moderate one, are so severe that businesses and consumers need to join the medical and scientific community in creating a crisis prevention and management plan. Investors and business leaders must be aware of the risks and factor them into their strategic planning,” said Dr. Cooper.
Conference Call Details
| WHEN: | Wednesday, August 24, 2005 9:00am EDT |
| Dial-In Number: | 416-695-9701 or toll free outside of Toronto, 1-888-280-8771 |
Copies of the report on Avian Flu are available by visiting: http://www2.bmo.com/bmo/files/news%20release/4/1/Avian%20Flu.pdf.
A transcript of the call will be available to members of the media upon request.
BMO Nesbitt Burns is a leading full-service investment bank offering corporate, institutional and government clients access to a broad range of products and services including investment and corporate banking, treasury services, market risk management, institutional investing and research. BMO Nesbitt Burns is a member of BMO Financial Group (TSX, NYSE: BMO). For more information, please visit www.bmonb.com.
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Dr. Sherry Cooper, Chief Economist, BMO Nesbitt Burns, co-author of An Investor's Guide to Avian Flu report.
Donald Coxe, Global Portfolio Strategist, BMO Financial Group, co-author of An Investor's Guide to Avian Flu report.