This conference will examine the role of alternative Investments in diversifying risks and improving the returns of pension fund portfolios. In doing so, we will consider the issues currently facing pension funds and look at why and how alternative strategies are being employed to address these. As well as examining some of the more established alternative strategies, we will seek to find out if there is a next generation of alternative investments.
The Place Of Alternatives in Pension Fund Portfolios in 2010
Where are we now? How to decide what is right for your fund? Which Alternatives make sense?
Can Alternatives really provide diversification?
Simon Martin, Principal, Investment Consulting Practice,AON Consulting
“Adding Value to Infrastructure Portfolios”
Introduction to infrastructure; Expected risk and return profiles from infrastructure sectors and assets; Hard lessons from the last few years; Four key value add drivers.
Richard Shields, Managing Director, AMP Capital Investors
“Currency Risk Management from a UK Pension (sterling based) Perspective”
What is currency risk and how does it add to the over all portfolio risk?
Examples of how it might have effected a sterling based investor in 2009; - What are the approaches to managing it: Leave unhedged, partial hedge/fully hedged, active hedging? The rationale for the different approaches and the evidence to support active hedging.
What is currency risk and how does it add to the over all portfolio risk?
Examples of how it might have effected a sterling based investor in 2009; - What are the approaches to managing it: Leave unhedged, partial hedge/fully hedged, active hedging? The rationale for the different approaches and the evidence to support active hedging.
Michael Shilling, Chief Executive Officer, Pareto Investment Management Ltd., Specialist Asset Manager of BNY Mellon Asset Management
10.50
Coffee/Tea
11.10
Looking for Opportunities
“Putting Hedge Funds in their Place”
Characteristics of the different hedge fund strategies; The use of Trading strategies for non-directional absolute return; Improving efficiencies of equity portfolios;
Opportunities in Arbitrage: investing in Event Driven.
Nick Spencer, Head of Institutional UK, GAM
“Private Equity Investing in a New Era”
Anomalous debt markets have corrected, leverage is scarce, mega-cap buyouts are dead, and distressed opportunities appear to be in abundance; but where do the private equity opportunities really lie in the post-financial-crisis world, and how can investors take advantage of them?
Neil Harper, Executive Director, Morgan Stanley Alternative Investment Partners
12.30
Drinks and Lunch
14.10
Further Opportunities
Moderator: Mark Tapley, Advisor, Lloyd's Register Superannuation Fund Association
“Longevity Related Investments”
Financial innovations in life settlements have spurred significant interest and inquiry as well as returns. Securitized life insurance policies, a tradable index and ratings criteria have all evolved to support the unique opportunity presented within this emerging asset class.
Andrew Reid, Director, Life Finance Group, Credit Suisse
“Distressed Investing Across the Liquidity Spectrum”
The economic slowdown coupled with aggressive lending standards over the last several years has increased the potential supply of distressed credits globally. How can investors with different liquidity profiles benefit from this significant opportunity set?
Joseph Malick, Managing Director &
Jeff Majit, Senior Vice President, Neuberger Berman
“Transparency and Risk Management of Alternative Investments”
Transparency and risk management is a major concern for all fund managers and their pension fund investors. The gap between what fund managers are comfortable providing, and what investors want to see can widen during times of market stress. After the biggest financial crisis since the great depression, the need for greater control & access to data to allow pension funds to take control of their investments and risks is absolute, especially where there is a desire to increase exposures to alternative investments.
Jonathan Martin, Board Member, and Alex Lowe, Chief Advisor, SRL
“Panel Session”
A pension fund panel will talk about their experiences of investing in Alternative Assets.
David Hall, Trustee, Pearson plc Pension Scheme
Anthony Stern, Director, InterContinental Hotels UK Pensions Trust
