Despite differences in geography, language and culture, many of the challenges currently facing investment funds industry organizations around the world are remarkably similar and will be discussed at the 22nd Annual Meeting and Conference of the International Investment Funds Association (IIFA) October 6-9 in Montreal.

“Some recent events, including the sub-prime issue, have reminded us that we are a truly global, closely interdependent economy,” says Joanne De Laurentiis, President & CEO of The Investment Funds Institute of Canada, which is the host association of this year’s conference.

“At this conference, we will discuss a range of issues, including the role of funds in building savings and the impact of the sub-prime crisis on the industry,” says De Laurentiis.

Delegates from more than 30 countries are attending the conference, which will also look at longer-term challenges, such as the aging baby boom generation, the privatization of retirement savings and how mutual funds can fill the void, as well as key regulatory and accounting issues.

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