Investment Performance Measurement, Attribution & Risk Management 2018 Forum

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1 BRING YOUR TEAM AND SAVE 50% COST REGISTER Investment Performance Measurement, Attribution & Risk Management 2018 Forum 2 and GET 2 FREE BE A SPONSOR AT THIS EVENT Researched & Developed by: register@ibrc.com.au Early confirmed speakers include: Gain insights from performance thought leaders & brainstorming on best practices in the performance measurement space Mark Goodey Director, Senior Principal of Investment Analytics, Eagle Investment Systems LLC Carl Bacon Chief Adviser, StatPro London Chase Frei Partner, ACA Performance Services Andy Barrow SVP Head of Asia Pacific, RIMES Technologies Ian Lumb Managing Director, Global Head of Risk Solutions, Axioma Elske van de Burgt Head of Investment Performance Ortec Finance Alexander Helter Senior Business Consultant, Stradegi Consulting Claudia Marcusson Practice Head, Investment Risk & Operations, Stradegi Consulting Andrew Colin PhD FIMA CMath, Senior Quantitative Analyst, QSuper Iain Perry CFA, Head of Portfolio Analytics & Investment Risk, Morningstar Investment Management, Australia Stephen Gwynne VP, Head of Investment Risk and Analytics Services, Northern Trust Raewyn Williams Managing Director Research, Parametric David Priest CIPM, Performance Specialist, Vanguard Kyle Ringrose Principal Athena IOC Pty Ltd, Former Head of Investment Operations, QSuper Chris Collins Director, Investment and Wealth Advisory, Assurance and Advisory, Deloitte Touche Tohmatsu Damien Damiano CIPM, Performance & Portfolio Operations Analyst Martin Currie Australia Graeme Roberts Solutions Specialist at Eagle Investment Systems Matthew Armstrong Manager - ALM Reporting at QSuper Group Lauren Ryder CEO, Leading Edge Global Paul Toepfer Paul Toepfer, Business Performance Consultant, Konu Consulting. Former Head of Product Australia, Managing Director, State Street Platinum Sponsor Gold Sponsor Silver Sponsor Exhibitors Brochure Sponsor Ben Watson CEO, Maroon Analytics Australia

2 Discussion Topics to Include: Sponsorship Opportunities iparm Australia Forum 2018 offers sponsors an excellent opportunity to demonstrate thought-leadership and leverage networking opportunities to build brand-value amongst senior investment performance professionals. If you would like to know more about sponsorship, exhibition and business development opportunities please just get in touch with us - sponsorship@ibrc.com.au Artificial intelligence and how it will impact the performance analytics profession What is the role of the performance measurement professional in the digital age? Distributing performance & risk analytics how to enhance middle office reputation Measuring performance and the effectiveness of your investment decisions An update of the gips 20/20 Share latest industry themes for investment performance analytics Distributing performance & risk analytics Fixed income attribution Multi-factor and multi-asset analysis Data lakes the next data management hot topic? Transforming data into investment driven analytics The explosion in desire for managed services Operational leverage Three ways to assess the relationship between investment performance and tax The problems and potential solutions with after tax performance reporting Tackling multi-asset analysis & attribution Best practices for model portfolio performance Platinum Sponsor: Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. Eagle deploys trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at or follow us on Eagleinvsys. Platinum Sponsor Gold Sponsor Silver Sponsor Exhibitors Brochure Sponsor

3 DAY ONE: 26 November REGISTRATION AND NETWORKING 8.55 OPENING REMARKS FROM THE CHAIR Analytics, Eagle Investment Systems LLC 9.00 FROM DISRUPTION TO DELIVERY Share latest industry themes for investment performance analytics Which elements are ripe for disruption? Should we push ourselves to be like other service sectors? How can technology partners and service providers help? Analytics, Eagle Investment Systems 9.30 TRANSFORMING INVESTMENT PERFORMANCE THROUGH TECHNOLOGY & ROBO-REVOLUTION Artificial Intelligence (AI) Meets Performance Measurement Artificial Intelligence and how it will impact the performance analytics profession Where AI is developing in software solutions How realistic is the notion that performance analysts can be replaced by robots Areas where robots may never replace humans Areas where AI will enhance accuracy and timeliness Panel Chair Lauren Ryder, CEO, Leading Edge Global Panel Members Matthew Armstrong, Manager - ALM Reporting at QSuper Group Graeme Roberts, Solutions Specialist at Eagle Investment Systems Paul Toepfer, Paul Toepfer, Business Performance Consultant, Konu Consulting. Former Head of Product Australia, Managing Director, State Street Andy Barrow, SVP Head of Asia Pacific, RIMES Technologies A PERIODIC TABLE OF RISK MEASURES Alpha to Omega, appraisal to pain! The evolution of risk measures All the available risk measures structured according to type and shape of return distribution Absolute Relative Downside Gain- loss Prospect Drawdown Risk-adjusted return Morning Refreshment & Speed Networking THE PARADOX OF USING VOLATILITY AS A PROXY FOR RISK Defining risk from the asset owner s perspective Tailoring risk measures to the asset owner s objectives The trade off between risk and return RISK MEASURES Common risk measures contrasted and compared Standard deviation Sharpe ratio Information ratio M2 ratio ASFA Standard Risk measure Panel Chair Panel Members Andrew Colin, PhD FIMA CMath, Senior, Quantitative Analyst, QSuper Iain Perry CFA, Head of Portfolio Analytics & Investment Risk, Morningstar Investment Management, Australia 12:40 Lunch & Networking 1:40 FIXED INCOME ATTRIBUTION The different types of fixed income attribution Where some measures are more appropriate than others The complexities and how to simplify them Andrew Colin, PhD FIMA CMath, Senior Quantitative Analyst, QSuper 2.10 CHALLENGES OF IMPLEMENTING A NEW PERFORMANCE SYSTEM Decision making process Why it is critical to determine your selection criteria before going to market? The importance of data How to overcome data sourcing and data integrity issues? Implementation & Testing - How long does it take and what are some pitfalls? Change Management and ongoing support Alexander Helter, Senior Business Consultant, Stradegi Consulting 2:40 Refreshments and networking 3:10 BUILDING A NEW AFTER TAX PERFORMANCE MODEL FOR (ATTRIBUTION) MANAGED INVESTMENT TRUSTS Challenges in implementing an after tax performance model for the new AMIT (attribution managed investment trusts) tax regime Options considered in implementing the after tax performance model The solution and assumptions used in the model David Priest, CIPM, Performance Specialist, Vanguard 3:40 THREE WAYS TO ASSESS THE RELATIONSHIP BETWEEN INVESTMENT PERFORMANCE AND TAX This session will discuss the migration of investment portfolio thinking from a pre-tax to an after-tax performance basis and illustrate the role tax plays in three ways: The relationship between pre-tax and post-tax performance The relationship between manager skill and tax The relationship between tracking error and tax alpha Raewyn Williams, Managing Director Research, Parametric 4:20 TRANSFORMING PERCEPTIONS OF THE PERFORMANCE ANALYTICS TEAM FROM A COST CENTRE TO A VALUE DRIVER In this interview style session Kyle Ringrose will probe Carl Bacon's decades of international experience in performance analytics to share examples of where the performance analytics team have evolved from the role of "number crunchers" to providing significant commercial value to the enterprise. What are the barriers to preventing the team from being seen as much more than a cost centre? How can we address the three key challenges of cost management, operational efficiency and stakeholder service levels Leveraging the right technology to free the middle office, allowing them to focus on value-add tasks How can accurate and timely performance combined with risk analytics, bring the front and middle office closer together and improve efficiency? Examples of how the performance analytics team have improved the bottom line 5.00 Closing remarks from the chair Hour Networking Drinks

4 DAY TWO: 27 November REGISTRATION AND NETWORKING 8.55 OPENING REMARKS FROM THE CHAIR Analytics, Eagle Investment Systems LLC 9.00 STRESS TESTING (MARKET RISK STRESS TESTING OF A PORTFOLIO) Regulatory requirements to perform stress testing The different types of stress testing (sensitivity analysis, historical scenarios, hypothetical scenarios) What an effective stress testing program might look like The limitations of stress testing Chris Collins, Director, Investment and Wealth Advisory, Assurance and Advisory, Deloitte Touche Tohmatsu 9.40 FUTURE-PROOFING INVESTMENT RISK: CONVERGENCE OF FRONT AND MIDDLE OFFICE Single to Multi-dimensional risk from a total portfolio perspective Application of volatility, different correlation regimes and their implication on portfolios Factor investing: Not just for equities anymore What constitutes the backbone of an enterprise investment risk framework Ian Lumb, Managing Director, Global Head of Risk Solutions, Axioma Morning Refreshment TRANSACTIONS VERUS HOLDINGS ATTRIBUTION The key differences Where each attribution method is best applied Case study of right or wrong methodology Lunch & Networking 1:40 TIME VARYING RISK Does the risk associated with an asset class vary through time? What drives this variability in risk? How can we incorporate this into the assessment of a multi asset class portfolio? Iain Perry CFA, Head of Portfolio Analytics & Investment Risk, Morningstar Investment Management, Australia 2:10 HOW TO MEASURE THE PERFORMANCE OF A CURRENCY OVERLAY PROGRAM The impact of currency on investment performance Managing currency risk via an overlay Measure the effectiveness of currency hedging Establish a benchmark for the currency overlay Performance attribution including currency overlay decisions Elske van de Burgt CFA, Head of Investment Performance, Ortec Finance 2.40 Refreshments and networking 3.10 GIPS COMPLIANCE FOR ALT MANAGERS AND POOLED FUNDS Overview of how the 2020 edition of GIPS is focusing on pooled fund and alternative investments Discussion of how new provisions aim to simplify compliance with GIPS Analysis of the streamlined requirements for valuation, composites and calculations Chase Frei, Partner, ACA Performance Services TRANSFORMING DATA INTO INVESTMENT DRIVEN ANALYTICS How to streamline the capture and enrichment of your investment data Transforming data into meaningful and actionable information to align with your overall investment strategy How technology combined with a human-touch tells your investment story better Stephen Gwynne, VP, Head of Investment Risk and Analytics Services, Northern Trust MAKING THE MOST OF YOUR DATA IN THE FACE OF INCREASING COST Why is high-data quality so integral to performance and risk teams? What negative outcomes could result from poor data? What efforts are being made to consolidate market data cost as prices from vendors continue to rise? Working with your internal data and technology teams to extract the greatest value from your data How could a well-designed data warehouse support the performance & risk teams? Panel Chair: Ben Watson, CEO, Maroon Analytics Australia Panel Members: Stephen Gwynne, VP, Head of Investment Risk and Analytics Services, Northern Trust Ian Lumb, Managing Director, Global Head of Risk Solutions, Axioma UK Claudia Marcusson, Practice Head, Investment Risk & Operations, Stradegi Consulting 3.40 IMPLEMENTING THE GIPS STANDARDS - AN ASSET MANAGERS PERSPECTIVE The challenges we face when implementing the Standards and why may not exist The benefits of using a Firm approach Best practices and common pitfalls Damien Damiano, CIPM, Performance & Portfolio Operations Analyst Martin Currie Australia 4.10 GIPS ROUNDTABLE INTERACTIVE ROUND TABLE This round table session will provide an opportunity for delegates to share their own experiences and views on the need for Australian organisations to implement GIPS. The session will provide a valuable opportunity to hear the views of your peers on GIPS implementation Has your own organisation considered implementing GIPS? If not why not? What is the Australian perspective on why GIPS been adopted in some markets but has so far failed to gain traction in Australia? The Australian perceptions on the value added by GIPS in overseas organisations. Is GIPS a value add or a compliance burden? Has there been any pressure from within the organisation to find out more about GIPS? Will GIPS ever be commonplace in Australia? Who would drive the implementation of GIPS if it did gain favour in Australia? Moderator: 5.00 Closing remarks from the chair

5 REGISTER EARLY & SAVE UP TO $600! Package EARLY BIRD SAVE DISCOUNTED RATE SAVE Pay before 15th Sept 2018 Pay before 30th Oct 2018 NORMAL RATE 30th Oct day Conference only $ GST = $ $600 $ GST = $ $400 $ GST = $ Payment not made at the time of registration will be subject to a $99 service charge. Only one discount applies per delegate and all the discounts are calculated from the normal rate. For Group Discount Offer: Register and pay for 2 delegates & Get 2 FREE, you will pay the normal rate for tickets All 'Early Bird' discounts & Group discounts are subject to availability and require payment at time of registration and before the cut-off date in order to receive any discount. All discount offers cannot be combined with any other offer. * Please view our registration policy for full information about payment, cancellation, postponement, substitution and discounts. FOR CHARITY DISCOUNT RATES: us: info@ibrc.com.au UNABLE TO ATTEND THE CONFERENCE 1st Delegate Name (Dr/Mr/Mrs/Ms) 2nd Delegate Name (Dr/Mr/Mrs/Ms) 3rd Delegate Name (Dr/Mr/Mrs/Ms) 4th Delegate Name (Dr/Mr/Mrs/Ms) Company Name: Address: Approving Manager (Dr/Mr/Mrs/Ms) Booking Contact (Dr/Mr/Mrs/Ms) F form. Credit Card Number Expiry date / Amex 4 digit code Amount $ Name of card holder PAY BY CHEQUE - CHEQUE ENCLOSED FOR $ PAY BY EFT - POST: Mail the form with payment to: PO Box 411, Wentworthville,NSW 2145 VENUE DETAILS EASY WAYS TO PAY PLEASE CHARGE CREDIT CARD Bankcard Visa Mastercard Diners Amex (3% Credit card fee will apply for Diners & Amex) rences - BSB A/C No with 255 George Street, Sydney Expected date of transfer.. EFT reference No I do not wish to receive any more mail from IBR conferences GROUP DISCOUNT For 3 or more people, phone FOR CONFERENCE PAPERS: info@ibrc.com.au CANCELLATION POLICY visit our web site or call PRIVACY POLICY Visit our web site at INSURANCE: any kind. Delegates are advised when registering for the workshop and booking cover, etc for any reason. IBR Conferences do not take any responsibility for any DISCLAIMER: IBR Conferences reserves the right to change the speakers, venue, dates or alter or delete items from the program as circumstances dictate and takes no responsibility for any errors, omissions and changes. ABN REGISTER NOW TE (Cheques payable to IBR conferences ) PHONE: (+61 2) FAX: C omplete and fax this r (+61 2) register@ibrc.com.au WEB: Grace Hotel Sydney 77 York Street Sydney 2000 Australia PH: (02) SPONSORSHIP OPPORTUNITIES sponsorship@ibrc.com.au