A presentation given by Tom Richards, Senior Investment Analyst & Portfolio Manager with Maitland Investment Services “What does the Eurozone Sovereign Debt Crisis mean for the Isle of Man?“ Venue: The Cushag Suite, Palace Hotel ? Casino, Douglas. Date & Time: Thursday 27 October 2011 – Presentation commences at 6.30pm. Food/Drink: Evening Buffet commences at 6pm onwards. Individual Cost: JCC Members ?12, Non-members ?16 Corporate Tables: Corporate Member Tables of 10/12 available on request Tom Richards, Senior Investment Analyst & Portfolio Manager with Maitland Investment Services has agreed to speak to the Junior Chamber of Commerce at their next event on Thursday 27 October 2011. The presentation, supported by Maitland Investment Services, is titled ‘What does the Eurozone Sovereign Debt Crisis mean for the Isle of Man?’ Tom Richards works in the team responsible for managing approx USD700m of clients' assets. Tom has lived and worked on the Island for the best part of four years and is a Chartered Member of the Chartered Institute for Securities & Investment and holds an MSC in International Banking and Finance. Back when the Eurozone sovereign debt crisis was limited to initial concerns for Ireland and Greece, Spain was seen as a 'fire-break' between the region's periphery and core members. Just a few months later, both Italy and France are being forced to pay higher costs to service their national debt and talk has turned to whether the Eurozone can even survive in its present form. With many developed countries now staring down the barrel of potential economic disaster, the Isle of Man has historically been in a strong position with uninterrupted economic expansion, low unemployment and healthy national reserves. However, the island is heavily dependent upon access to external trade flows and international goodwill; and the recent re-negotiation of some taxation treaties has left the island having to re-examine spending plans with a rapidly shrinking surplus. The question is now being asked can the Eurozone muddle through, and what would a second global recession mean for us all? What does the future hold for us here on the Isle of Man? Cameron Halsall, Chairman, Isle of Man Junior Chamber of Commerce said, “We are very grateful to Mr Richards for agreeing to give this presentation on such a key current topic and thank Maitland Investment Services for their invaluable support. We advise everyone to reserve their place as soon as possible.” For further information / how to book visit the JCC’s website www.jcc.im ENDS