Fernand Schoppig,

Fernand Schoppig is the President of FS Associates, Inc. an international financial and investment management consulting firm. The firm functions as a bridge between the United States and Europe and to a lesser extent Asia in the active exchange of investment management expertise. FS Associates assists the money management industry in cross-border issues, finding outstanding money management capabilities and working with such talent to gain access to foreign distribution channels.

Before establishing FS Associates in 1988, Mr. Schoppig ran the Private Banking and Asset Management Department of Bank Leu's New York Branch, where he was responsible for establishing global investment policy and the development of unique "niche" products in international financial planning, geared towards foreign and domestic high net worth individuals. Prior to joining Bank Leu, Mr. Schoppig was a co-founder and an Associate Director of SBC Portfolio Management International, New York, an affiliate of UBS's predecessor Swiss Bank Corporation, specializing in global asset management for institutional clients. He was also the firm's compliance officer, directly responsible for all legal administrative and strategic planning matters. In Switzerland, Mr. Schoppig was a global investment strategist with the Swiss Bank Corporation and other leading banks.

Fernand Schoppig was born in Basel, Switzerland where he received his basic education in banking and investment management. He was awarded the Swiss Federal Banking Diploma, the highest educational degree in Swiss banking. Mr. Schoppig is also a Certified Financial Planner, a Certified Investment Management Analyst and a Certified Investment Management Consultant.

Mr. Schoppig, is a sought after domestic and international speaker on issues pertaining to the global investment management industry. Mr. Schoppig is a past member of the Board of the Institute for Certified Investment Management Consultants and a Member of the NASD Dispute Resolution's Board of Arbitrators.