FUTURE
CONFERENCES
Programme
09.30
Registration
10.00
Opening Keynote: Macro Economic and Financial Market Outlook
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The economic cycle from a tactical point of view: From acceleration to stabilization
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The medium to long term cycle: Room for expansion
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Other important factors: Geopolitics, European strategic autonomy and AI
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Despite pronounced geopolitical uncertainty, the global economy gained momentum last year, with the global trade and manufacturing cycles strengthening despite US tariff hikes. Short-term economic cycles are often path-dependent and crucial for tactical asset allocation. At the same time, it is the underlying medium- to long-term cycles that define profit margins and capacity for economies to expand. Currently, politics and structural shifts, most notably AI integration and the pursuit of European strategic autonomy, exert a higher than normal influence on relative sector performance and long-term investment strategies.
10.30
Revisiting Asset Allocations Part 1: Opportunities Across Markets & Asset Classes to Build Resilient Portfolios
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Which segments of private markets and alternative investments currently offer the best value
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The trade-off between capturing illiquidity premia and maintaining rebalancing flexibility
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Geographic repositioning: risks and opportunities beyond the US
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Rethinking global diversification strategies in a more fragmented world
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Investment implications across public and private markets
Senior Portfolio Manager Fund Finance
Aegon Asset Management
What Makes Capital Call an Attractive Investment in 2026?
Private markets continue to attract growing interest from institutional investors, signaling rising allocation levels in the years ahead. Among these is Fund Finance, one of the growing segments in the private market universe. Encompassing Capital Call, the strategy offers institutional investors attractive risk adjusted returns, investment grade credit quality, short duration, and diversification beyond traditional credit markets.
Chief Investment Officer
Principal Finisterre
A differentiating income solution in EUR using liquid EMD assets, designed for EUR (and DKK)-based investors
Global investors seeking income and diversification beyond US-centric allocations or crowded home market opportunities should increasingly explore the breadth of emerging market debt. This session introduces a distinct EUR based income solution that uses the full EM toolkit—sovereign and corporate credits in EUR and USD, and selective high income local debt—to build a diversified return stream in EUR with limited volatility. Designed specifically for EUR (and DKK) investors, it avoids the pitfalls of traditional benchmarked USD centric EMD approaches by accounting for hedging costs and managing local currency risks vs EUR.
The Session will close with an interactive panel featuring speakers from across all asset classes. Using a set of real-world investment scenarios, panellists will debate portfolio construction choices, risk management and relative value across markets.
11.30
Tea/Coffee
11.50
Revisiting Asset Allocation Part 2: Opportunities Across Markets & Asset Classes to Build Resilient Portfolios
CEO
New Forests
Natural Capital
Investors are widening their lens beyond single asset views, recognising that climate, biodiversity and ecosystem dynamics materially influence long term risk and return. Blending forestry, agriculture, conservation and carbon opportunities to improve yield stability, diversify return drivers and strengthen natural risk resilience. Integrating natural capital alongside traditional private markets to balance income, biological growth, climate alignment and diversification across geographies and ecosystems. Growth in carbon, biodiversity and ecosystem service markets, combined with regulatory tailwinds (e.g., TNFD), is creating new scalable avenues for resilient, nature positive investment.
13.00
Lunch
14.00
Building Robust Investment Frameworks
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Effectively managing the illiquidity premium
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From exclusion to engagement and measurable impact
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Leveraging AI in investment decision-making
Deputy CEO and Director of Business Development
Scientific Portfolio
Climate equity investing: a pragmatic view on alignment and risk
This session offers a research-rooted perspective on climate equity investing, covering both climate alignment and climate risk through a common lens: what is robust, measurable, and scalable in real-world portfolio analysis and index construction. On the alignment side, recent research highlights a persistent ambition-credibility gap in several critical sectors: corporate decarbonisation targets are not consistently supported by capital expenditure plans. This raises a practical challenge for investors seeking strictly “aligned” equity exposure. The presentation discusses why some alignment metrics can be dominated by allocation effects rather than real-economy change, and why index methodologies may need to rely on simpler, more transparent signals (absolute emissions, disclosed targets), rather than assuming full credibility of long-dated transition pathways. On the risk side, the talk reviews evidence that transition risk is measurable in equity market prices and that physical climate risk can be assessed meaningfully at the portfolio level via a GDP-based approach. The usual coverage and scalability constraints often faced by bottom-up physical risk approaches that rely on granular asset-level data can be overcome in the context of diversified equity indices by a pragmatic top-down framework for measuring and mitigating physical climate risk.
CEO
Institute of Sovereign Investors
AI in investment frameworks
Drawing on the experience of leading Sovereign Wealth Funds, this session explores how institutional investors are embedding AI and agentic tools across the investment lifecycle—from research and risk identification to portfolio construction, execution, and governance. Beyond performance enhancement, AI is enabling “operational alpha” through automation of due diligence, compliance, and rebalancing, while also reshaping Investment Committee processes, decision accountability, and oversight frameworks.
Head of Fund Investments
Export and Investment Fund of Denmark (EIFO)
Trade-off between illiquidity premium and rebalancing premium
While illiquid assets have historically offered attractive excess returns, their non-tradability limits the investor’s ability to rebalance systematically – and thus achieve the rebalancing premium, which can be significant, especially in volatile and low-correlated markets. On the other hand, the presence of illiquid assets introduces a possible counterbalance to the so-called volatility drag – the fact that high volatility reduces the geometric return of the portfolio.
This presentation sheds light on the trade-off between the illiquidity premium and the rebalancing premium in institutional portfolios.
15.30
Close of conference followed by drinks reception
Cost
The conference is by invitation only for pension funds and other institutional investors and we welcome new attendees from these investors. Therefore if you are not already receiving an invitation please contact us. A limited number of Complimentary invitations are 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 3 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.
Venue
Radisson Collection Royal Hotel
Hammerichsgade 1,
1611 Copenhagen, Denmark
Tel: +45 3342 6000
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www.radissonhotels.com/en-us/hotels/radisson-collection-copenhagen
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