FUTURE
CONFERENCES
Purpose
Conducted in English, this conference aims to examine a range of investment strategies available to Swedish, Finnish and other Nordic pension funds and institutional investors.
Programme
09.30
Registration
10.00
Session 1 – Macroeconomic Trends
CEO
Fathom Consulting
Make Europe Grow Again!
The global economy is restructuring, possibly fragmenting, along geopolitical lines. That fragmentation is aimed primarily at the threat the US perceives from China, but other factors have also been thrown into the mix, such as a desire from the US to reduce its trade deficit with all the major ‘surplus’ economies, which includes Germany, Japan and Canada as well as China; and to encourage other major economies to take responsibility for their own defence so that the US does not have to. This creates a moment of crisis for Europe, which is good: it is only in moments of imminent crisis that big changes are feasible, and big changes are needed now. A shift towards much higher defence spending, especially in Germany, could kick start growth across the EU as a whole (including Scandinavia and Norway), and would shift Germany from a current account surplus to a current account deficit. It might also, finally, prompt the debt mutualisation across the euro area (and maybe more widely) that is a necessary condition for Europe to punch its weight in the global economy again. How can investors take advantage of these themes? What are the risks (clue: France).
Managing Director
Allocation Strategy
Designing macro-resilient portfolios in a changing world
This presentation will demonstrate how a forward-looking macro-scenario framework can help investors design resilient portfolios and navigate opportunities and risks amid shifting macro regimes. The approach addresses two key shortcomings of traditional methods: the common exposure of asset classes to underlying macro drivers and an overreliance on historical episodes.
11.15
Tea/Coffee
11.45
Session 2 – Target Diversification and Fixed Income in Today's Markets
Andreas Schroeder
Head of Index Research and Design EMEA
LSEG – FTSE Russell
Target Diversification
Market cap weighting is the standard allocation methodology in index construction and offers clear benefits with respect to representativeness, investability as well as turnover. Over the last year, however, market concentration has reached extreme levels in the US. Market concentration heightens individual holding risk and diminishes the independent drivers of return. It obviates the whole point of an index as a diversified set of investments. An extreme solution for the concentration issue is equal weighting. In addition to these two extremes, the market cap weighting and the equal weighting, we introduce a more nuanced weighting scheme that allows you to target diversification directly. It offers lower tracking error, lower style exposures and higher liquidity than equal weighting, and greater diversification compared to market cap weighting.
Senior Emerging Market Debt Portfolio Manager
Federated Hermes Limited
What’s next for global fixed income and is there alpha to be made by investing using a sustainable lens?
In this presentation, Nachu will talk about the big rotation that is currently underway in global fixed income. Yields have been moving moderately higher and rates volatility remains well anchored at low levels. Investors are gravitating towards credit, which is keeping technicals very strong. She will talk about current opportunities the funds she manages are positioned for and also provide a brief outlook into 2026. Sustainable investing has been a topic of much debate in 2025 and investing with a sustainable lens has paid off this year. She will talk about the key themes clients are targeting in their sustainable credit allocations, and talk about the team’s proprietary approach to finding the best opportunities that can not only deliver returns but also have a positive environmental or societal impact.
13.00
Lunch
14.00
Session 3 – Practical session
CEO
PensionPay
Beyond cash-out: Rethinking the decumulation experience
Most retirement journeys are still designed for paperwork, not people. Couple this with the intangibility of pension savings – numbers on a statement, not money members can use with confidence. And we have the perfect blend to drive disengagement and premature cash-outs, costing members and schemes alike. In this session, we’ll explore how liquidity security – the sense that savings are accessible and under control – changes behaviour and builds trust. We’ll discuss what a modern decumulation experience looks like, and how schemes can deliver it without disrupting existing operations.
Head of Portfolio Strategy and Sustainability
AP3
Investor Case Study
This presentation will provide a case study on asset allocation and share views on how institutional investors can adapt their asset allocation approaches to current and future challenges.
15.10
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
7A Strandvagen
Strandvägen 7
114 56 Stockholm
Tel: +46 (0)8-586 107 00
Media Partners
