SPS Virtual: Investment Strategies & Cash Flow Management for Maturing Pension Funds
July 8, 2021
This event will help pension funds to review their overall asset & risk management options as well as the asset mix designed to help achieve their risk targets and investment objectives. We seek to include a review of the recent past, including both global and local regulatory and economic impacts, such as Brexit and Covid-19 and how different asset classes have performed, as well as practical considerations such as the continuing low rates environment, cashflow management, performance, governance, cost, ESG and implementation.
Full details to be announced
End of conference followed by drinks/coffee till approx 15.30
Moderators confirmed so far:
Speakers and topics confirmed so far:
Head of UK and Iberia
Direct lending strategies deliver secure income and stable cash flows to pay members’ benefits
Private debt is an invaluable asset class for UK pension funds to help meet their long-term obligations and support their future funding plans.
For DB plans with negative cashflows on a de-risking journey, stable returns above those offered by UK gilts are increasingly sought-after.
Direct lending helps pension schemes to close funding deficits whilst addressing the need for secure income to pay members’ benefits.
Portfolio Manager, Buy and Maintain Credit
AXA Investment Managers
Climate and cashflows: building a climate-aware credit portfolio
Greater awareness of climate-related risks and regulatory requirements should be a catalyst for maturing pension schemes to assess their portfolio objectives through a climate-related lens. With global temperatures continuing to rise towards unsustainable levels, the urgency to act now has increased rapidly supported by significant investor, regulatory and political momentum. DB schemes should look to adapt existing - or build new - ‘climate-aware’ approaches to mitigate portfolio risks, target alignment with the Paris Agreement and fulfil regulatory obligations. Using case studies, we explore how DB schemes can implement climate-aware credit strategies with a three-step process - Assess, Integrate and Monitor (AIM) - to help deliver resilient, sustainable income to pay scheme members. Topics covered include the investment universe, portfolio construction, and monitoring and measuring performance.
Executive Director, Multi-Asset Solutions
Goldman Sachs Asset Management
Topic to be advised
CAA, Client Strategy Director
The Benefits FM brings to the Cashflow Management Conundrum
Nowadays, many DB pension schemes are struggling to efficiently generate enough cash to meet their ongoing needs. Cashflow Driven Investing (CDI) can help schemes to strategically build a portfolio of assets that generate predictable cashflows, increasing the certainty that DB schemes can meet their member benefits.
What about during a crisis? CDI should be considered within the context of the broader scheme and portfolio management to properly consider risk and return. This will ensure that strategies are robust enough to withstand tough market conditions, such as those of the pandemic. This discussion will examine how to build portfolios that can take into account unpredictable cash flow demands of pension schemes.
The Pensions Risk Transfer Market: An Update on Activity, Pricing and Evolving Options
A look back at how we’ve got to where we are today and the recent increase in business volumes
Understanding insurer pricing and current pricing levels
What are the likely trends / volumes in the next 12 months….and further into the future?
Innovations in the market – what are they and how might they help?
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.