This conference will help pension funds to review their investment strategy and to understand the risks associated with different approaches and how these can be managed and controlled. We will consider the benefits of diversification for the more mainstream asset classes such as bonds and equities as well as looking at applications for alternative and for sustainable investment strategies and how incorporating such strategies into an overall portfolio can improve a funds risk management.
Comments from Delegates Included
"This conference exceeded my expectations" Wim Smit, Kind Prevision
"As always - great professional effort, Thanks you!" Jeffrey Altman, First State Investments
Pension Funds who attended this conference included:
APG Institutional Clients
bfinance
CNV BedrijvenBond
De Eendragt Pensioen N.V.
Stichting Instituut GAK
GBF
Stichting Pensioenfonds Hewlett Packard
Hoogovens Pension Fund
IMC
Imperial Tobacco Pension Trustees Ltd
Kind Prevision
Merkus Investment Consultancy
NXP Semiconductors
St. Pensioenfonds SABIC Innovative Plastics
Stichtings Pensioenfonds Siemens
Stalfond Pension Fund
Universities Superannuation Scheme Ltd
Van Doorenmalen en Partners Vermogens Consultancy
Stichting Bedrijfstakpensioenfonds Zorgverzekeraars
“Taking responsibility: how to communicate with board members and trustees in terms of risk”
How can boards best ensure that they know what is happening to their fund and stay in control of policy? Linking Liabilities to Assets Communication channels
Peter Kraneveld, Secretary, A-ERE
Outlook for Emerging & Frontier Markets in 2010: Taking Advantage of Opportunities Through Multi-Asset Investing
2010 – Outlook for & drivers of markets this year, & beyond; Assessing the impact of these themes on emerging & frontier markets; Where do we see opportunity? Live examples from the field; The diversification benefits of broad investment horizons.
“Opportunities in the Loan Markets after the Crisis”
Increased volatility in global equity markets is causing many asset allocators to shift their balance away from equities in favour of fixed income. Government bonds and investment grade corporate credit offer ever lower returns. Sub-investment grade corporate credit offers high returns but what are the risks involved? What are the different instruments available and how to access the market in a controlled fashion?
Nick Haaijman, BNY Mellon Asset Management
11.00
Coffee/Tea
11.30
Balancing Risk and Reward in Equity Investment
“Risk Analysis in Portfolio Construction”
In today's fast-changing markets, portfolio managers need to understand not just the fundamentals of the stocks in their portfolios, but how they behave relative to each other and the characteristics and any style biases of the portfolio itself. Why are the days of using tracking error alone long gone? Should smart managers now use a combination of style and macroeconomic sensitivity analysis to measure intended and unintended biases in the portfolio, and to aid in portfolio construction?
Paul Wimborne, Investment Manager, Baring Asset Management
“Risk Management in Equity Investments”
How can a dynamic tactical asset allocation, within the boundaries of a strategic mix, bridge long term objectives with short term realities? How can absolute and relative risk in the equity allocation be addressed? A look at how a TAA model can assist in dynamic asset allocation and provide a structure to actively manage beta exposure. Examining the merits of incorporating market volatility components to reduce drawdowns in investment portfolios.
Christian Raubach, Managing Partner, Wegelin & Co.
12.50
Drinks and Lunch
14.10
Looking for Opportunities
“Opportunities and Risks in Emerging Market Credit”
Why has Emerging Market Corporate debt been one of the fastest growing asset classes over the last few years? Improved macro fundamentals of Emerging Markets, further spread compression in Developed Markets credit and uncertainty in equity markets’ valuations increased investors’ interest in Emerging Markets credit supported by strong fundamentals and attractive valuations. While the asset class trades at a discount and is alpha rich, what are the key fundamental and technical risks?
Polina Kurdyavko, EM Corporates Portfolio Manager, BlueBay Asset Management
“Enhancing Portfolio Optimization Through Infrastructure”
How Infrastructure as an emerging asset class can provide an effective absolute return strategy to match long duration inflation linked pension liabilities? Can it develop into its own asset class and segment by geography, sector and risk profile? How has it performed against other asset classes during the recent volatile markets? What about governance, transparency, alignment and operational skills surrounding funds?
Danny Latham, Head of Infrastructure Investments – Europe, First State Investments
15.30
Coffee/Tea
15.50
Risk Control
“Using Fiduciary management to Manage Risk”
How can a Fiduciary be used to better manage your pension fund’s risk exposure?
Alwin Oerlemans, Director, CLIENT Solutions, APG Institutional Clients
