Dag Detter to Keynote Asset Management Policy Forum

DAG DETTER, co-author of The Public Wealth of Nations  – How Management of Public Assets Can Boost or Bust Economic Growth has been named as the Keynote speaker at the Federal Leadership in Asset Management Policy Forum, to be held Tuesday and Wednesday, October 20th and 21st, 2015 at the National Academy of Sciences Auditorium in Washington, D.C.

The Federal Facilities Council (FFC) of the National Academies of Sciences, Engineering, and Medicine, and the Asset Leadership Network (ALN) are hosting a two day training and educational forum to improve Federal asset management policies and strategies. This forum will bring together national and international leaders and experts who will discuss a vision for new policies and strategies designed to generate dramatic, positive changes for Federal asset and asset management performance.

Dag Detter is Managing Director of Whetstone and a Fellow at Legatum Institute. Previously he was the President of Stattum, the Swedish government holding company and Director of State Enterprises at the Ministry of Industry, he led the first transformation of state commercial assets. He specializes in identifying underperforming high-potential assets and advising in the acquisition/disposal process for private and public institutions.

The former investment banker and advisor to the private equity sector has also served as an advisor to the IMF, World Bank, IFC and the OECD on the development of state commercial assets. He was also an advisor within the corporate, real estate and financial sector in China and Europe.

Dag has in-depth industrial experience and has served as Non-Executive Director on a number of boards of private and public companies including Telia the Swedish telecom company, Celsius, the European defence contractor and DTZ, the international real estate corporation.

Born in Sweden, he holds a degree in Business and Sinology from Sweden and has studied classical Chinese history in China.

Dag has co-authored: The Public Wealth of Nations – How Management of Public Assets Can Boost or Bust Economic Growth

This book shows that public wealth is vast and could be put to much better use. Most countries’ public wealth is larger than their public debt. While managing debt has become a matter of great concern during the financial crisis, public wealth remains opaque and largely ignored. The polarized debate between privatizers and nationalizers has missed the most important point – the quality of asset management. According to our calculations an achievable improvement in public wealth management would yield returns greater than the world’s combined investment in infrastructure such as transport, power, water and communications. This book explores how some countries are experimenting with institutional setups, such as National Wealth Funds that achieve sounder management and cleaner democracy.

For more information, please visit http://www.assetleadership.net/fed-policy-forum-2015/.