Agenda. Stirling Specialist Investment Roadshow Q :5. Venue: Date: Airth Castle, Airth, Airth, FK28JF. Thursday 05 May 2016

Transcription

1 Agenda Stirling Specialist Investment Roadshow Q Venue: Airth Castle, Airth, Airth, FK28JF Date: Thursday 05 May :5

2 In association with our Partners in Professionalism: 30-Nov :00-09:30 Registration 09:30-09:50 Welcome and opening by Chair Neil Dickey, Professional Edge Ltd Neil Dickey, Professional Edge Ltd 09:50-10:25 Market Overview Walking a tightrope This session is designed to give you the information and knowledge you need to make more informed investment decisions for your clients. Learning objectives: outline the major macro-economic fault lines that are relevant to investors discuss whether the US Credit cycle has turned definitively

3 identify which asset classes offer value consider what level of portfolio risk should be taken in the current environment reflect on the current and future situation in the US and China enable delegates to make more informed investment decisions Jonathan Horsfield, Cornelian Asset Managers Jonathan Horsfield, Cornelian Asset Managers 10:25-11:00 Brexit : The investment implications What we can say about life inside and outside the EU What impact will the referendum have on: Interest rates Bonds Equities Sectors John Moore, Brewin Dolphin John Moore, Brewin Dolphin 11:00-11:35 Building Real Income For Your Retirement This session is designed to give you the information and knowledge you need to make more informed investment decisions for your clients with regard to their pension planning and long term savings. Specifically, LGIM s presentation will - Outline how we can bring clarity to the pension market to build more investor confidence Discuss the current opportunities available to income investors Consider what is risk for an income investor

4 Demonstrate the importance of sustainable natural income Explain the perils of distributing capital or manufacturing income via derivatives Explain why inflation could be a significant risk once gain Lance Phillips, Legal & General Investment Management Lance Phillips, Legal & General Investment Management 11:35-11:55 Tea & Coffee 11:55-12:30 Demonstrating value in a risky world In an environment where future returns are more difficult to come by than over the recent past, how do you create a portfolio that will meet return requirements while navigating increasing risks and correlations? Demonstrate the need for a forward-looking approach to investing, in order to meet your client s long-term objectives. Portfolios today require more than a simple static allocation between equities and bonds. Explain how you can think about costs, using a 3 pillar approach that considers risk, return and cost Explain the benefits of an active approach that uses low-cost implementation via ETFs and Index Funds What are the different sources of portfolio risk? How do you go about managing these risks, for example interest rate risk or currency risk, within a portfolio? Andrew Keegan, ishares by BlackRock Andrew Keegan, ishares by BlackRock 12:30-13:05 5 things you need to know about multi-asset investing The importance of cost Aim to identify the key characteristics that drive the behaviour of investment portfolios, showing that over the longer-term cost tends to be the clearest indicator of outperformance.

5 Emphasis on strategic asset allocation We will show that strategic asset allocation, specifically the mix of equities and bonds, is the key driver of the variation of returns. Market-cap weighting Explain the enduring importance of the market-cap weighted index, as it is the only complete reflection of the views of the entirety of investors. It has proved difficult to outperform in the long-run. Accessing exposure to property Analyse the practicalities of investing in property, learning how costs, liquidity, and transparency make the asset class problematic. We will see that REITs provide some exposure at market-cap weight. Investment objectives Learn the imp Todd Schlanger, Vanguard Todd Schlanger, Vanguard 13:05-13:50 Lunch 13:50-14:25 Improving signal-to-noise: navigating the outsourced investment space Learning objectives: Awareness of the implications of the FCA s Thematic Review on assessing suitability To gather ideas on robust due diligence processes on product providers Awareness of different product performance reporting metrics Michael Scott, Michael Scott, 14:25-15:00 Income and outcomes - The functions of investment trusts in financial planning Learning objectives: Describe the main functions of investment trusts in financial planning, particularly in relation to pension accumulation and decumulation Explain the features of investment trusts that make them appropriate for these functions Identify the key metrics used to research and analyse investment trusts, and explain how to interpret them Understand the structural differences between investment trusts and open-ended funds, and how these result in differing

6 risks and benefits Nick Britton, The Association of Investment Companies Nick Britton, The Association of Investment Companies 15:00-15:05 Close by Chair Neil Dickey, Professional Edge Ltd Neil Dickey, Professional Edge Ltd

7 The content in each session has been carefully selected and can be considered for both structured and unstructured CPD hours, depending how this activity addressed each individual's personal development needs. Structured CPD is the undertaking of any formal learning activity designed to meet a specific learning outcome (this is what an individual is expected to know, understand or do as a result of his or her learning). Unstructured CPD is any activity an individual considers has met a learning outcome, but which may not have been specifically designed to meet their development needs. Attendance at this event can be included as part of your CPD requirements should you consider it relevant to your professional development needs.