MaRS

The conference, featuring international speakers such as Richard Lloyd of Vanderbilt University, will investigate cultural mapping from a number of unique perspectives and disciplines, and will support the interaction of policy-makers, academics and new researchers. Richard is author of "Neo-Bohemia: Art and Commerce in the Postindustrial City". Other Speakers include British-based cultural policy expert Colin Mercer. The conference is an extension of the Placing Creativity partnership which investigates the interconnection between 'Place' and 'Creativity' through a number of different lenses.

But this year the money has stopped flowing after investment losses reached $1.5-billion for 2008 and the university was forced to cancel a planned $62-million endowment payout, representing about 5 per cent of its operating budget.

Canada's most innovative investment funds is in question by the university that is bearing the brunt of its losses.

Settling into a boardroom chair in the restored heritage building of Toronto's MaRS research centre, Mr. Moriarty remains unshaken by the crisis. He stands committed to UTAM's sophisticated investing approach, reciting phrases like "portable alpha" and "risk budgets" to explain portfolio decisions.

inaugural Fundraising Cabinet, chaired by Hon. John Manley. "I am deeply impressed by the vision of MaRS, and its resolve to bring forth the talents of Canadians in order to build better companies," Mr. McCain said. "MaRS is well-positioned to contribute

Mr. McCain

o the Canadian economy and is an important player in the development of new, innovative businesses. MaRS can also help bring innovation into existing companies, thus making them more competitive globally."