Annual Northern Investment Conference
09.00 : Registration and Coffee
09.30 : Welcome & Opening Remarks
Trevor Cook, Managing Director, Specialist Pension Services
09.35 : Session 1: Looking to the Future
Moderator: Ben Gold, Head of Pension Investment, North, Xafinity Consulting
The Future of the Asset Management Industry
The current institutional asset management model is inefficient. Innovation and centralisation strategies have transformed other industries. There is no reason why we shouldn’t challenge how the investment industry is currently organised to fundamentally transform institutional investment for the benefit of the end saver.
Stephen Macklow-Smith, Managing Director, J.P. Morgan Asset Management
2018 Long-Term Capital Market Assumptions and Implications for Pension Schemes
A review of the 2018 Long Term Capital Market Assumptions. Now in its 22nd year of publication, the Assumptions provide an annual assessment of the long-term outlook across all major asset classes and markets over the next 10 to 15 years. The product of in-depth analysis, these assumptions are designed to inform asset allocation decisions.
10.50 : Coffee/Tea
11.10 : Session 2: Topical Investment Ideas
Moderator: Janine Wood, Director, Independent Trustee Services
Paul Flood, Portfolio Manager, Multi Asset Team, Newton Investment Management
How Diversification can Close the Income Gap
How further asset class flexibility via a multi-asset approach can help to grow income and enhance returns.
Nick Warmingham, Senior Investment Director, Private Markets,Cambridge Associates
Too late for Private Credit? The Private Credit Investment Opportunity Today
Is it the right time to be allocating to private credit, or has the window of opportunity passed? Which parts of the credit spectrum offer the most attractive returns? In a heated environment, what are the key concerns?
Colin McKenzie, Head of CROCI Intelligence, Deutsche Asset Management
An Economic Approach to Fundamental Company Analysis
Earnings as an inadequate measure of company profitability; The three problems encountered by earnings, esp. for global investors; Types of value trap resulting from these problems; The advantages of using bottom-up analysis in investment after proper due diligence (to capture economic reality in companies) in areas that are traditionally seen as the domain of top-down thinking; The aggregation of company data to drive sector and regional allocation; Capital cycle analysis using aggregation examples.
13.00 : Drinks and Lunch
14.15 : Session 3: Pension Strategy & Case Study Experiences
Moderator: Chris Roberts, Trustee & Head of North of England, Dalriada Trustees
Andrew Warwick Thompson, Chief Executive, LGPS Central
Investment Pooling: How is Local Authority Pooling being Achieved and Can it be Applied to Corporate Pensions?
This topical talk will look at the merits, practical hurdles and future challenges of Local Authority pooling and ask to what extent these lessons are applicable to the corporate pension sector: a topical discussion among the PLSA and others. Andrew has recently been appointed as CEO of the £40bn Central Pool, one of the new Local Government Pension Scheme asset pools, and also has extensive leadership experience in private and public pension funds in his roles in consultancy, pension trusteeship and most recently the Pensions Regulator.
14.50 : Panel Discussion
The pension fund panel will talk about their pension fund profile, investment experiences or a particular project the fund is currently involved in. Panellists:
David Hawksworth, Trustee, Northern Gas Networks Pension Scheme
Colin Maloney, Trustee, United Utilities Pension Scheme
15.30 : Drinks Reception & Close of Conference
This year our annual event covers 3 areas:
We wll start by looking at the future of the asset management industry and an annual survey of long term capital market assumptions. What are the implications of these for pension fund investment management? Next we look at 3 topical areas within pension fund investment: diversifying investments to enhance income; private credit – has the opportunity gone; and assessing the economic valuation of global equities. Finally our keynote speaker Andrew Warwick-Thompson, CEO, LGPS Central together with our pension fund panel will help shine a light on practical experiences and successful pension fund management for the long -term.
The conference is by invitation only for pension funds and other institutional investors. If you are not already receiving an invitation please contact us. A limited number of Complimentary invitations are usually available to genuine pension fund representatives (executives and trustees) and other approved institutional investors. However, to ensure we have room for as many funds as possible, we have to limit free places to 2 attendees per approved organisation thereafter a reduced rate fee is payable per delegate. Furthermore, SPS always reserves the right of admission (free or paid) and our decision is final.
January 9, 2018 Le Meridien Piccadilly, London
February 8, 2018 Le Meridien Piccadilly, London
March 8, 2018 Copenhagen Marriott Hotel
March 15, 2018 Le Meridien Piccadilly, London
March 22, 2018 Apollo Hotel, Amsterdam
April 12, 2018 Le Meridien Piccadilly, London
April 19, 2018 Le Meridien Piccadilly, London
May 10, 2018 Le Meridien Piccadilly, London
June 7, 2018 Dublin
June 14, 2018 Le Meridien Piccadilly, London
July 12, 2018 Le Meridien Piccadilly, London
August 30, 2018 Le Meridien Piccadilly, London
September 13, 2018 Le Meridien Piccadilly, London
September 20, 2018 Apollo Hotel, Amsterdam
October 2, 2018 Stockholm
October 11, 2018 Le Meridien Piccadilly, London
November 8, 2018 Le Meridien Piccadilly, London
November 15, 2018 Le Meridien Piccadilly, London
November 22, 2018 Manchester
December 11, 2018 Le Meridien Piccadilly, London