Asset Allocation 2014

Transcription

1 Register before the 30th March 2014 and Save $700 Early Bird Discount Expert insights into cutting-edge investment strategies and practices to maximise returns while mitigating risks at International Business Review s Asset Allocation 2014 A timely three day landmark event designed to uncover the best approaches to asset portfolio management in an industry treading cautiously through uncertain and increasingly constrained times Graham Harman Investment Strategist Asia Pacific, Russell Investments Kingsley Jones CEO Jevons Global Pty Ltd Michael Blayney Head of Investment Strategy, First State Super Brian Parker CFA Senior Investment Consultant, MLC Investment Management John Gardner Managing Director, MAGNUS Investor Relations Corporate Communication Anthony De Francesco Exec Director, Australia and New Zealand IPD/ a MSCI Brand Nader Naeimi Head of Dynamic Asset Allocation, AMP Capital Graham Matthews CEO Access Capital Advisers Stephen Halmarick Head of Economic & Market Research, Colonial First State Global Asset Management Chris Baker Principal, Mercer Investments Tony McKenzie Chief Strategist, Multi-asset Team, QIC Don Hamson MD, Plato Investments Assoc Prof, Anthony Asher School of Risk & Actuarial Studies, Australian School of Business, University of New South wales Dr Jerome Lander Founder of ProCapital Maged Girgis Partner, Minter Ellison Lawyers Andrew Lockhart Founding Partner, Metrics Credit Partners Mark Wills Head of Asset Allocation Asia Pacific, State Street Global Advisors Nick Bishop Head of Australian Fixed Income, Aberdeen Asset Management Mathew Jeremy Managing Director, Caravel Consulting Services Pty Ltd NOW: Michael Furey Managing Director Delta Research and Advisory Nigel Smith David Knowles David McDonald Director, Managing Director Chief Investment Business Research Head of Product, Strategist Australia, Roy Morgan Research Marketing and Philanthropy JBWere Credit Suisse PH: FAX: register@ibrc.com.au, Researched & Developed by:

2 CONFERENCE OVERVIEW In an industry treading cautiously through uncertain and increasingly constrained times, Australian investment practitioners are having to re-assess asset allocation strategies, development and management. With ongoing market volatility anticipated, more active, risk aware and dynamic approaches to asset management are replacing longer term growth strategies. In a low return world, investors eager to augment returns and satisfy demand for high yield, are seeking investment opportunities away from traditional asset classes. In this volatile environment, choosing the most optimal asset allocation strategy and achieving the right balance of risk and asset mix can be challenging even for the most experienced investment professional. This timely three day event has been designed to both update and educate investors by taking an in-depth look at these more adaptive asset allocation strategies and practices and where the best opportunities for high return lay in the current climate. More than 20 leading industry thought leaders and practitioners will share their invaluable insights into the most optimal strategies and practices to help protect and maximise investor returns while minimising associated risks. Discussion will also be drawn to Australia s growing retiree sector in sessions on the changing demographic landscape and how best to tackle post-retirement portfolio development and management. Post GFC, risk cognisant, responsibility heightened and regulatory tightened fund management will also be addressed. This is a not-to- be missed key financial event for Lecture style sessions, panel discussions and interactive workshops will provide ample opportunity for you to learn, network and share common concerns with industry peers. Book today to reserve your place. Specific topics include: Day One Current and forecasted macro and micro economic outlook Investment opportunities in emerging markets Investigation of new theories and drivers in asset allocation Adapting to the industry s new normal in living with and managing risk Trustees perspectives in managing diversified asset portfolios Post-retirement portfolio development Reassessing the allocation mix for endowment and not-for-profit organisations Day Two Influence of a changing demographic landscape and how money, wealth and investment is perceived Fail proof guide to building and retaining investors through effective relationship management A close-up examination of individual asset classes and where opportunities lay and how challenges can be overcome General law, statute, regulation and prudential standards impacting on a superannuation funds investing in unlisted assets Who should attend: Institutional investors, Super funds, independent financial advisers, private wealth advisers, asset portfolio and fund managers, charities and foundation organisations, legal and tax advisers, university department heads, analysts and commentators, as well as other key industry stakeholders

3 DAY ONE: May 28, CROSS ASSET CORRELATION: NAVIGATING THE RISK ON RISK OFF EFFECT 8.30 Registration and Networking 9.00 Opening remarks from the Chair SETTING THE SCENE 9.10 CURRENT AND PREDICTED MACRO AND MICRO ECONOMIC OUTLOOK AND WHAT IT MEANS FOR AUSTRALIAN INVESTORS. INSIGHTS INTO THE IMPACT AND INFLUENCES OF: European crisis US recovery Stalled China growth? Local and global interest rates Inflation Australian dollar, taxes, etc Local and global monetary and fiscal policies Stephen Halmarick, Head of Economic and Market Research, Colonial First State Global Asset Management 9.50 INVESTING IN GLOBAL EMERGING MARKETS Emerging Markets - does strong GDP growth deliver investment returns. Which EMs are beneficiaries of global recovery EMs to avoid and why How to invest in EMs and which asset classes David McDonald, Chief Investment Strategist Australia, Credit Suisse REFRESHMENTS AND NETWORKING ASSET ALLOCATION AND RISK AWARE STRATEGIES IN A STILL UNCERTAIN AND CAUTIOUS GLOBAL ENVIRONMENT INVESTIGATING NEW THEORIES AND DRIVERS IN ASSET ALLOCATION TAKING A DYNAMIC YET STILL CAUTIOUS APPROACH Moving from a strategic and long term view Building flexibility in re-balancing asset allocations Which assets should be overweighted in the short term? Taking calculated risk on board Active management over a passive approach What are the optimal asset class options in the current climate? Mark Wills, Head of Asset Allocation, Asia Pacific, State Street, Global advisors BUILDING ASSET ALLOCATION STRATEGIES AROUND THE INDUSTRY S NEW NORMAL - LIVING WITH AND MANAGING RISK WITH MORE FLEXIBLE AND ADAPTIVE ASSET ALLOCATION STRATEGIES AND METHODOLOGIES Turning the focus back onto the investors needs and objectives Breaking down asset class silos and managing the portfolio holistically Hedging downside and inflation risk Michael Blayney, Head of Investment Strategy, First State Super Graham Harman, Investment Strategist, Asia-Pacific, Russell Investments 1.00 LUNCH DIVERSIFIED PORTFOLIO INSIGHTS IN MANAGED INVESTMENT FUNDS - TRUSTEE PERSPECTIVES 2.00 INSTITUTIONAL INVESTORS PERSPECTIVES ON TRENDS AND STRATEGIES IN OPTIMISING ASSET PORTFOLIOS IN CHALLENGING TIMES Perspectives on asset allocation challenges and opportunities globally and locally Future outlook for investment diversification in a low return world Views on the big rotation Working within tight regulatory and governance guidelines The rise of smart beta to optimise portfolio management and investor returns Panellists: Nader Naeimi, Head of Dynamic Asset Allocation, AMP Capital Brian Parker CFA, Senior Investment Consultant, MLC Investment Management 2.40 SUPERFUNDS - MAXIMISING RETURNS TO INVESTORS Turning losses into gains as R Day approaches for baby boomers Young professionals and families best investment options for maximising returns and reducing risk for the long term Working within tight regulatory and governance guidelines Negating longevity risk with innovative strategies How Australia s significant super funds pool can be invested to bolster the Australian economy Panellists: Don Hamson, MD, Plato Investments REFRESHMENTS AND NETWORKING 3.40 CONSTRUCTING IMPROVED POST-RETIREMENT PORTFOLIOS WITH INNOVATIVE STRATEGIES Assoc Prof, Anthony Asher School of Risk & Actuarial Studies, Australian School of Business, University of New South Wales REASSESSING THE ALLOCATION MIX FOR ENDOWMENT AND NOT FOR PROFIT ORGANISATIONS David Knowles Managing Director, Head of Product, Marketing and Philanthropy JBWere 5.00 to 6.00 NETWORKING DRINKS

4 DAY TWO: May 29, REGISTRATION AND NETWORKING 9.00 OPENING REMARKS FROM THE CHAIR FACTORING IN THE HUMAN ELEMENT 9.10 THE INFLUENCE OF A CHANGING DEMOGRAPHIC AND SOCIO ECONOMIC ENVIRONMENT ON HOW MONEY, WEALTH AND INVESTMENT IS PERCEIVED Nigel Smith,Director-Business Research, Roy Morgan Research 9.50 RETAINING INVESTORS AND BUILDING A STRONG CLIENT BASE THROUGH EFFECTIVE RELATIONSHIP MANAGEMENT Understanding your investors needs, wants and desires and short and long term goals Building an accurate risk profile to avoid future debt problems Finding the best combination of active and passive management Building trust and confidence by taking a principled and responsible approach Staying competitive with regular performance reviews and fee adjustments John Gardner, Managing Director, Magnus Investors Relations, Corporate Communication REFRESHMENTS AND NETWORKING 1.00 LUNCH EQUITIES - INVESTMENT OPPORTUNITIES IN A CHANGING EQUITY MARKET 2.00 PANEL DISCUSSION ON A CHANGING EQUITY MARKET AND WHERE THE BEST INVESTMENT OPPORTUNITIES LAY IN LOCAL AND GLOBAL MARKETS sponsorship@ibrc.com.au Are low cost Futures the way to go? ETFs pros and cons Hedge funds still too risky!! Private equity opportunities Meeting investors hunger for high yield despite market price falls Panellists: DonHamson, MD, Plato Investments Mathew Jeremy, Managing Director, Caravel Consulting Services Pty Ltd 2.40 HOW ETFS CAN BE INNOVATIVE TOOLS FOR BALANCING RISK, RETURN AND COST The ETF landscape and benefits in the current climate ETFs in portfolio construction Use of smart beta indices as a cost efficient way of investing in active management ETFs and risk management Kingsley Jones, CIO, Jevons Global BREAKING IT DOWN: INVESTMENT OPPORTUNITIES IN ASSET CLASSES ADDING ALTERNATIVE INVESTMENTS TO THE PORTFOLIO MIX Setting the objectives for your alternative investments New and emerging alternatives on the radar Alternatives that do not co-relate with equity markets Tony Mackenzie, Chief Strategist, Multi-Asset Team, QIC OVERVIEW OF THE COMMERCIAL PROPERTY INVESTMENT MARKET Key features Performance attributes and drivers Risks Anthony De Francesco, Exec Director, Australia and NZ, IPD/ a MSCI Brand INFRASTRUCTURE: WHERE THERE IS SMOKE, THERE IS FIRE. HOW TO AVOID GETTING BURNT IN A HOT MARKET. Market update Has infrastructure got caught up in the hunt for yield? Are assets getting expensive? Recent market transactions will be discussed and how Access is currently investing for the long term. Market outlook what do the prospective returns look like for infrastructure over the medium term? What are the key risks that investors should be thinking about? Portfolio construction Is building an infrastructure portfolio as simple as buying a bunch of assets? How does one approach portfolio construction within the infrastructure asset class? Graham Matthews, CEO, Access Capital Advisers 3.20 REFRESHMENTS AND NETWORKING FIXED INCOME 3.50 BONDS, BONDS, BONDS WHERE TO FROM HERE? Overcoming challenges of lowering interest rates in Australia and low interest rates worldwide Panellists: Nick Bishop, Head of Australian Fixed Income, Aberdeen Asset Management Andrew Lockhart, Founding Partner, Metrics Credit Partners. Chris Baker, Principal, Mercer Investments RELATED REGULATORY AND LEGAL ISSUES 4.30 INVESTING IN UNLISTED (INCLUDING INFRASTRUCTURE) ASSETS Considering the web of general law, statute and regulation and prudential standards impacting on a superannuation funds investing in unlisted assets. Drawing out legal issues for superannuation funds investing in, and operating and maintaining, unlisted assets. Looking at why unlisted assets (such as infrastructure) represent both an opportunity and challenge for superannuation funds. Maged Girgis, Partner, Minter Ellison Lawyers 5.15 CLOSING REMARKS FROM THE CHAIR 5.30 END OF CONFERENCE

5 DAY THREE May 30, 2014 WORKSHOP - 1 9:00am to 12:30pm MODELLING, CONSTRUCTING AND IMPLEMENTING OPTIMAL ASSET ALLOCATION PORTFOLIOS FROM THE GROUND UP USING INNOVATIVE STRATEGIES AND TECHNIQUES Selecting benchmarks Integrating new asset classes into mix Balancing defensive v growth assets Performance review Michael Furey has worked in the financial planning industry since 1999 and spent four years as Head of Research for Suncorp s advisory businesses which included Suncorp Financial Services, Guardian Advice, and Cameron Walshe. Michael has published investment articles in publications such as IFA Magazine and Journal of Financial Advice; and is a regular presenter at Professional Development and Investment s, across a range of investment topics including investment strategy, asset class behaviour, and is a leading expert in the area of retirement incomes. Michael has a Masters of Applied Finance & Investment, Graduate Diploma of Financial Planning, and Bachelor of Mathematics (Statistics). He is also a Certified Financial Planner, a Senior Fellow of Financial Services Institute of Australia (FINSIA) and a member of the American Finance Association. Michael Furey Managing Director Delta Research and Advisory WORKSHOP - 2 1:00pm to 4:30pm DECIDING ON THE RIGHT ALLOCATION OF RISK BETWEEN TOP DOWN ASSET ALLOCATION AND BOTTOM UP MANAGER SELECTION GIVEN TODAY S MARKETS. Have you got the right mix? The status quo Current market insight, opportunities and potential for value add Impact and potential of internal and external capabilities ProCapital provides tailored research to clients totally dependent upon client need - and identifies truly outstanding investment managers. Managed Australia s best performing Australian equity multi-manager fund and outperformed by several percentage points when managing a $12 billion institutional fund, adding nearly $1 billion in value (above objectives) in just over 2 years during the European sovereign debt crisis. Expert in fund manager selection and asset allocation IMCA (Investment Management Consultants Association) Board member Dr Jerome Lander Founder of ProCapital, an investment firm dedicated to adding value to investors from outstanding investment ideas and research. 2 AND GET 2 FREE

6 28th-30th May 2014 Grace Hotel, Sydney EARLY & SAVE UP TO $700! EARLY BIRD SAVE DISCOUNTED RATE SAVE NORMAL RATE Pay before the 30th March 2014 Pay before the 30th April 2014 Pay after the 30th April 2014 Full Package $ GST = $700 $ GST = $200 $ GST = day only $ GST = $ $500 $ GST = $ $300 $ GST = $ workshops only $ GST = $ *Only one discount applies per delegate and all the discounts are calculated from the normal rate. 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 s do not take any responsibility for any DISCLAIMER: IBR s 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 NOW (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