DALLAS–Higher rates will ultimately be good for depository institutions, according to one person, who also shared balance sheet management principles CUs should have in place.
During the first day of ALM First’s Financial Institute, the focus was on an economic overview, including the inflation concerns of market participants. Jason Haley, chief investment officer for ALM First, emphasized higher rates are ultimately good for depositories, and said creating a disciplined investment framework based on solid balance sheet management principles can help institutions avoid making reactive investment decisions.
Haley shared also shared data showing that balance sheet normalization has been a multi-year process during prior QE cycles, such as 2014’s tapering, pointing to the possibility that at least some deposits could be stickier than expected.
Other general sessions during the virtual ALM First meeting included How to Capitalize on M&A Trends in the Current Environment, How to Analyze Loan Participation Opportunities in a New Normal and a Funds Management Overview.
Interaction With Speakers
Attendees were able to interact with speakers through live Q&A discussion periods at the end of each session and could network with each other via the online event platform.
ALM First’s Financial Institute is a three-day workshop that provides key education and timely insights designed to benefit financial depositories’ goals and strategies, the company said. With two learning tracks, the ALM First Financial Institute, hosted virtually for the first time in 2021, is being attended by more than 160 financial professionals involved in managing or monitoring the balance sheet.
For info: www.almfirst.com.