SPS Local Authority Pension Conference: Sustainable Investment & Other Structural Themes
November 16, 2022
The Royal College of Pathologists, London
This conference will explore a range of sustainable/Impactful/ESG compliant investment options, both public
and private, looking at how these can be integrated into the investment management processes of local
authority pension funds and their investment pools. We seek to also consider issues such as the impact of
regulatory, political and geopolitical pressures, transparency, fees, benchmarks, reporting, technology and
performance measurement, as well as investment considerations specific to LGPS investors.
Session 1 – Opening address plus discussion of sustainable themes in fixed income and equity
Head of LGPS Consulting
Head of Credit UK
Aegon Asset Management
Targeting net-zero in fixed income
Climate change is now an urgent, systemic issue. Many Local Authorities having committed to meeting net-zero targets by 2045, the ability therefore to achieve net zero in your investment portfolios is a must. This presentation will review frameworks and approaches for considering climate change including metrics, specific fixed-income challenges, and practical applications of climate research. It will also demonstrate how short-dated bonds can help meet climate objectives while delivering outcomes.
Portfolio Manager, Sustainable Global Equity, Impact Opportunities
Federated Hermes Ltd
Sustainable vs Impact in equities
Sustainable and Impact investing in public equities can often be thought of as one and the same. This presentation seeks to provide clarity between the two approaches and answer some key questions – how do the objectives differ? how can impact be measured? what are the investable universes? where does engagement fit in? is impact investing only the preserve of private equity?
Session 2 – A focus on specific investment areas
Head of Research & Strategy
LaSalle Global Partner Solutions
Why investing globally in real estate is important for pension funds
As the economy continues its recovery in a post-pandemic world, there are a myriad of themes influencing real estate investing including demographics, technology, ESG and urbanisation. Investors need to think increasingly about investing in locations and alternative assets that are sustainable, resilient and well connected. In this presentation you will hear more about where and how you can access sustainable returns and why you should invest globally in real estate.
Senior Client Portfolio Manager, Thematic Equities Fund Team
Pictet Asset Management
The environmental merits of investing in timber
Forest industry offsets 20% of Europe's CO2 emissions
Fibre-based sustainable packaging offers a credible alternative to plastic
Everything made from oil can be made from a tree
The forest value chain is a truly circular economy
Active ownership in China
• Highlighting some of the differences in corporate governance between the UK and China
• Voting procedures and challenges therein
• How Chinese asset managers approach active ownership – i.e. company engagement, voting
• What some of the main themes are that Chinese asset managers are grappling with from an ESG perspective.
Session 3 – Local Authority panel sessions on topical subjects
Net Zero, TCFD and stewardship - the latest trends for LGPS funds and pools
In this panel our contributors will look at issues surrounding responsible investment including moves towards net zero, TCFD requirements for local authority pension funds and the new Stewardship code. Other topics could include the increasing interest in other aspects of ESG, such as the “S” and biodiversity. Speakers include:
Topical issues: Levelling up and TPR governance - what should local authority pension funds do now?
This panel will look at topical issues on the horizon for LGPS funds including the proposed 5% levelling up quota and the new governance code from TPR.
Close of conference followed by refreshments
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.
The Royal College of Pathologists
6 Alie Street
London E1 8QT
Tel: 020 7451 6791
The venue is located a short walk from Aldgate station.