Chaired by senior Financial Times journalists, the FT Investment Management Summit will gather the world's leading institutional investors, economists and asset managers to look beyond the short-term indicators, examining the stability of the growth momentum, and the opportunities and risks that lie beneath.
FT Investment Management Summit
Rebalancing Return and Risk Amid Global Recovery
European Central Bank
Universities Superannuation Scheme (USS)
Peter Praet joined the European Central Bank in 2011 as Member of the Executive Board. He is responsible for the Directorate General Economics. Before joining the ECB, Mr Praet was Executive Director of the National Bank of Belgium from 2000 to 2011 with responsibility for international cooperation, financial stability and oversight of financial infrastructures and payments systems. Between 2002 and 2011, he was also a Member of the Management Committee of the Belgian Banking, Finance and Insurance Commission (CBFA), in charge of prudential policy for banking and insurance. Mr Praet served as Chief of Cabinet for the Belgian Minister of Finance from 1999 to 2000, as Chief Economist of Générale de Banque and Fortis Bank from 1988 to 1999, as Professor of Economics at the Université Libre de Bruxelles from 1980 to 1987, and as Economist at the International Monetary Fund between 1978 and 1980. He holds a PhD in Economics from the Université Libre de Bruxelles in 1980. Mr Praet served on several high-level international committees, including the Basel Committee on Banking Supervision, the Committee on Payment and Settlement Systems, the Committee on the Global Financial System, and the European Banking Authority. He was First Alternate of the Board of Directors of the Bank for International Settlements from 2000 to 2011.
Carmel Peters is Head of Global Emerging Markets (GEMS) at the Universities Superannuation Scheme (USS), one of the largest pension schemes in the UK. She joined USS in 2010 to set up an Emerging Markets team. Over the last eight years she has established and lead a specialist team which now has over £6bn assets with a strong track record in outperforming benchmarks. Ms Peters previously ran an Emerging Market Hedge Fund at Sofaer Capital and before that was at Putnam Investments in Boston, becoming head of their Emerging Markets team. She started her career as Portfolio Manager at Rothschild Asset Management in Tokyo, moving to Hong Kong to take up the position of Chief Investment Officer for the Asia Pacific Region. Ms Peters holds an MA in Finance and studied in Japan on an EU scholarship. She is a member of Women on Boards and 100 Women in Finance.
Dr Gerard Lyons is an expert on the global economy, financial markets and monetary policy. He has a portfolio of roles in finance, universities and economics, including Chief Economic Strategist at Netwealth Investments, Advisory Board of the Grantham Research Institute on Climate Change and the Environment and Board Member of Bank of China (UK). He is co-author of Clean Brexit (Biteback publishers). Dr Lyons previously held senior roles at Chase, Swiss Bank, DKB International and Standard Chartered Bank. He was Chief Economic Advisor to Boris Johnson in his second term as Mayor of London, where among other things Lyons championed the Living Wage.
As the Director of the Inflation Sensitive asset class for the California State Teachers’ Retirement System (CalSTRS), Paul Shantic is the lead for a team of 6 investment professionals responsible for the management and gathering of assets with a close linkage to inflation. Current commitments total US$3.6 billion. Commodities, infrastructure, agriculture, timber and U.S. TIPS are part of that mandate. Mr Shantic has been with CalSTRS for over 20 years. He has served as Acting Co-Director of Fixed Income and also served as the Portfolio Manager for the $7.2 billion Investment Grade and High Yield portfolios along with a team of five trader/analysts. Mr. Shantic has also managed the System’s MBS and Liquidity Portfolios. He assisted with the start-up of the System’s Credit Enhancement Program and has worked as a public funds manager for a number of public agencies throughout the State of California. Mr Shantic holds advanced degrees in Business, Portfolio Management, Public Administration, Conflict Resolution, and Government. He holds a BA in Political Science and Philosophy from the University of Redlands.
Lorenzo Bernasconi joined The Rockefeller Foundation in 2013. As Senior Associate Director, he is responsible for the Foundation’s innovative finance and impact investing portfolio. His work focuses on identifying and shaping new financing solutions that unlock private sector capital to address the world’s most critical problems with a focus on the Foundation’s dual goals of building resilience and promoting inclusive economies. Prior to joining The Rockefeller Foundation, Dr Bernasconi worked at Dalberg Global Development Advisors, the Boston Consulting Group and in the investment banking division of UBS. Dr. Bernasconi holds dual Ecuadorian and Swiss citizenship. He holds a bachelor’s degree in economics at the London School of Economics, completed a PhD at Cambridge University and a post-doctoral fellowship at Columbia University’s Earth Institute. He sits on the board of Spring Bank, a Bronx-based community bank focused on the underbanked communities of New York City.
Tony Broccardo is the Chief Executive Officer of Oak Pension Asset Management Limited which is the in-house asset manager for the Barclays pension fund; and is the Chief Investment Officer of the Barclays Pension Fund. This circa GBP£31 billion fund is highly diversified and global. Mr Broccardo’s team is responsible for the asset allocation process, investment management, implementation and risk budgeting of the fund. The fund utilizes a significant number of external asset class specialists, with a significant portion of assets under management invested in alternatives. His previous experience includes being an Executive Director and CIO for F&C Asset Management PLC, and as a Global Partner and Institutional CIO for Invesco Asset Management Inc. In both roles, over a period of fifteen years, he Chaired the Global Asset Allocation Committee. Mr Broccardo holds an MA in Finance and Investment from Exeter University, where he is a Fellow and lecturer in Investment and a member of the Business School Advisory Board.
Gerry Cross is Director of Policy and Risk at the Central Bank of Ireland. He is responsible for regulatory policy for the banking, insurance, investment funds, and investment firms sectors. He is also responsible for the CBI’s supervisory risk framework, PRISM. Between 2011 and 2015 Mr Cross was Managing Director for Advocacy at the Association for Financial Markets in Europe (AFME) and Head of AFME’s Brussels Office. He started his career as a barrister, then was lecturer in Law at the University of Wales, Aberystwyth. For eight years he worked for the UK Financial Services Authority. He spent four years at the European Commission, between 2001 and 2005, where he worked in the Internal Market Directorate General on the implementation of Basel II in Europe. Between 2008 and 2011, Mr Cross worked as deputy director in the Regulatory Affairs Department at the Institute of International Finance in Washington. He holds a Law degree from University College Dublin and Master of Laws from Cambridge University.
Elena Manola-Bonthond is Head of Investments of the Pension Fund of CERN, the European Organization for Nuclear Research, based in Geneva, Switzerland. The Fund manages approximately 4 billion Swiss Francs in assets, both internally and externally. Dr Manola-Bonthond played an instrumental role in defining and implementing an investment governance framework optimised for dynamic risk management. Prior to joining the CERN Pension Fund, she worked in CERN's science sector where she had been responsible for the safety and risk management system of CERN's flagship installation, the Large Hadron Collider (LHC). Prior to that she worked as a research physicist at CERN. Dr Manola-Bonthond holds a PhD in particle physics from the University of Savoie, France, and CERN, and an MBA in international management from the University of Geneva, Switzerland. Furthermore, she is a CAIA charterholder.
Jennifer S Choi is chief counsel of ICI Global and is responsible for leading the Institute’s global policy work on cross-border legal and regulatory matters affecting ICI and its members. She has held various international roles within ICI, including associate general counsel for global capital markets policy and associate counsel for international policy. In addition to her role at ICI, she serves as an adjunct professor of law at American University’s Washington College of Law, teaching regulation of mutual funds and investment advisers. Earlier in her career, Ms Choi worked in an international policy role at the Investment Adviser Association. From 1995 to 1999, she held various positions at the US Securities and Exchange Commission, including assistant director in the Division of Investment Management and special counsel in the Division of Market Regulation (now the Division of Trading and Markets). At the SEC, she also received the Martha Platt Award for dedication, excellence, and integrity. Ms Choi graduated from the Wharton School of the University of Pennsylvania with a BS in economics, cum laude, and from the National Law Center at George Washington University, with highest honors.
Mark Fawcett has been an investment manager for over 27 years and managed money at a variety of institutions. He was head of Japanese equities at Gartmore, and held the role of chief investment officer at American Express Asset Management International. Before joining NEST, he was a partner at the boutique investment manager Thames River Capital LLP. Mr Fawcett has an MA from Oxford University and an MSc from London Business School.
Vincent Hamelink has been Chief Investment Officer of Investment Management at Candriam since 2011 and a Member of our Executive Committee since 2009. He was appointed to the Strategic Committee in 2016 and is also a Member of the Boards of Directors of Candriam Belgium. Mr Hamelink was previously Global Head of Fixed Income and a Member of Candriam Luxembourg’s Management Committee. Prior to that he held various roles including Head of Fixed Income at Cordium Asset Management (originally part of BNP Paribas), before its merger with Candriam in 2001. Mr Hamelink holds Master’s degrees in Commercial, Fiscal and Financial Sciences, and has been a CFA Charterholder since 2001.
Tom Joy is Director of Investments for the Church Commissioners and advises on the strategic development of their multi-asset investment portfolio, which stands at £8 billion. Mr Joy is also a non-executive Director and Member of the Boards at the Pension Protection Fund and Guy’s & St Thomas’ Charity and also Chairs their investment Committees.
Antoine Lesné is a Vice President of State Street Global Advisors and Head of SPDR ETF Research and Strategy for EMEA. His responsibilities include developing a strategy framework for the existing SPDR ETF range to align it with financial market developments and longer term economic outlooks. Prior to this role Mr Lesné was a Fixed Income Portfolio Strategist in EMEA covering Europe and Global Fixed Income beta strategies as well as smart beta. He joined SSGA in 2006 from Sungard Reech where he was responsible for selling advanced pricing and risk analytics to banks and asset managers in France and the Netherlands, with a focus on structured fixed income derivatives. Prior to that he took part in a start-up which managed an internet based Interest Rate Swaps interdealer trading platform. He started his career at Societe Generale Corporate and Investment Banking on the Fixed Income & FX structured products sales desk. Mr Lesné has earned a Master's degree from the French Business School, ESCEM, with a major in Finance in 1998.
Ian McKnight is the Chief Investment Officer of Royal Mail Pensions Trustees Limited and, having managed their 2012 transfer of assets to the UK Government, he currently oversees investments totalling c.£4.5 billion across three pension plans. He has 15 years’ investment experience spent with Watson Wyatt (now Towers Watson), Lane, Clark & Peacock (LCP), Morgan Stanley and KPMG. During his career, Mr McKnight has advised a wide range of Defined Benefit and Defined Contribution pensions schemes on their investment strategies, implementation and governance arrangements. He has recently appeared in a number of “top 40 under 40” press features and, during 2013, he notably co-designed and launched the Russell Pensions Governance Index whilst initiating an innovative diversified alternative investments framework for the Royal Mail Pension Plan, including allocations to direct absolute-return funds as well as more illiquid private markets vehicles. Ian read Mathematics at the University of Warwick.
Manooj Mistry is currently co-Head of Index Investing at DWS and CEO of Deutsche Asset Management (UK) Ltd. He joined Deutsche Bank in 2006, and was involved with the launch and development of the Xtrackers ETP platform in 2007 which is the number two ETP provider in Europe and number six globally by assets under management. Previously, he held roles at Johnson Fry (now Legg Mason) and Merrill Lynch, where he launched the first ETFs in Europe in 2000. Mr Mistry graduated in Economics and Business Finance from Brunel University in London.
Lucrezia Reichlin is Professor of Economics at the London Business School, non-executive director of AGEAS Insurance Group and Eurobank Ergasias SA as well as Chairman & co-founder of Now-Casting Economics ltd and a Trustee of the International Financial Reporting Standards Foundation. She is a columnist for the Italian national daily Il Corriere della Sera and a regular contributor of Project Syndicate. Her career has included serving as Chair of the Scientific Council at the Brussels based think-tank Bruegel between 2013 and 2016, and as non-executive director of UniCredit Banking Group from 2009 to April 2018. She was Director General of Research at the European Centrla Bank between 2005 and 2008. Professor Reichlin is a trustee at the Centre for Economic Policy Research having previously served as Research Director, first Chairman of the CEPR Euro Area Business Cycle Dating Committee, and as co-founder and scientist in charge of the Euro Area Business Cycle Network. She has published numerous papers on econometrics and macroeconomics and is an expert on forecasting, business cycle analysis and monetary policy. She pioneered now-casting in economics by developing econometrics methods capable of reading the real time data flow through the lenses of a formal econometric model. These methods are now widely used by central banks and private investors around the world. Her papers have appeared in top scientific journals. She is a Fellow of the Econometric Society, the British Academy, the European Economic Association, and Academia Europaea. She is on the advisory board of several research and policy institutions around the world. In 2016 she received the Birgit Grodal Award, European Economic Association, and the Isaac Kerstenetzky Scholarly Achievement Award. Professor Reichlin holds a PhD in economics from New York University and has held a number of different academic positions
Debora Revoltella is the Director of the Economics Department of the European Investment Bank and has held this position since April 2011. The Department provides impact-driven economic analysis to support operations, the global positioning as well as the policy and strategy definition of the bank. Dr Revoltella is also a member of the Steering Committees of the Vienna Initiative and the CompNet, an alternate member of the Board of the Joint Vienna Institute, and a member of the Boards of the SUERF and the Euro 50 Group. She was previously Chief Economist for Central and Eastern Europe at UniCredit, managing a team of 40 economists in charge of supporting the institution in its regional growth strategy. During these years, the department developed into a leading research centre for the region. Prior to that she worked in the research department of Banca Commerciale Italiana, a leading Italian Bank. She has also served as an adjunct Professor in Macroeconomics at Bocconi University, Dr Revoltella holds a degree in Economics and a Master in Economics from Bocconi University, as well as a PhD in Economics from the University of Ancona in Italy.
Olivier Rousseau is executive director at Fonds de réserve pour les retraites (FRR), France’s pension reserve fund, where he also chairs the asset manager selection committee. Before joining FRR in 2011, he was attached to the French Embassy in Sweden as an economic advisor, a position he took up after two years on the board of the European Bank for Reconstruction and Development in London. Mr Rousseau began his career at the French Treasury, eventually joining BNP Paribas where he spent 11 years working in international banking and finance in Paris, Tokyo, London, Singapore, Hong Kong and Sydney offices. He graduated from the French National School of Administration (ENA) in 1986. He also holds a degree in political sciences and master degrees in law and economics from the University of Aix-en-Provence.
Markus Stadlmann is the Chief Investment Officer of Lloyds Bank. He joined the bank in 2014 to build out its investment capability for private banking and wealth management clients. He leads a team of specialists, dedicated to helping both clients and colleagues with better financial decision making and successful money management. Mr Stadlmann has also been a lecturer on business ethics, leadership and investment management at various universities for ten years, including IESE Business School, London Business School and University of Vienna. He presents regularly at academic and industry conferences, and is a frequent media commentator. His previous experience includes management positions at Erste Group in Vienna and Barclays plc in London. At Barclays, he led the portfolio management and specialist investment teams which catered to the wealth management needs of affluent and high net worth customers. Prior to joining Barclays, he was Managing Director of Harald Quandt Holding and Chief Investment Officer of HQ Trust, which to this day is the largest family office in Europe. He spent eight years at Siemens AG, initially as fund manager. He eventually became the CIO of the pension fund and a member of the leadership team of Siemens Financial Services. Mr Stadlmann holds an MBA from the University of Chicago Graduate School of Business (later re-named Chicago Booth).
Fannie Wurtz is Managing Director ETF, Indexing and Smart Beta at Amundi. She was previously Amundi’s Global Head of ETF, Indexing & Smart Beta Sales and joined the firm in 2011. Before that she was responsible for ETF Institutional Sales and Amundi ETF business development at CA Cheuvreux from 2008. Ms Wurtz has extensive experience in institutional sales which she gained as Sales Associate Director at Fidelity Investments between 2003 and 2008, where she was in charge of relationships with Institutional clients and distributors, and at Schroders Investment Management where she managed Institutional Client relationships. She started her career at State Street Bank and KPMG Audit. Ms Wurtz holds a Masters from ESC Bordeaux.
Chair and moderators (5)
Patrick Jenkins has been Financial Editor and Assistant Editor at the Financial Times since 2014. In this role, he shapes the FT’s overall financial coverage, with a focus on financial services and investment. He works closely with the editors of Markets, Lex, FT Money, FTfm and the financial services team. He also contributes to leader writing and comment, while continuing to write for the Inside Finance column.
Previously, Mr Jenkins was Banking Editor from 2009 until 2014, leading the 10-strong global financial services reporting team. Prior to this he was Companies Editor, and before that Editor of International Company News. Prior to taking up this post, Mr Jenkins spent four years in Germany as Frankfurt Correspondent for the FT. He joined the FT Group in 1996 editing the newsletter FT world insurance report, before becoming a UK companies reporter in 2000.
Gideon Rachman became Chief Foreign Affairs Commentator for the Financial Times in 2006. He speaks authoritatively about economics, politics, and globalisation as they apply to Asia, Europe, the Middle East, the Americas and more, and writes a weekly column on international politics as well as feature articles. Mr Rachman joined the FT after a 15-year career at The Economist, which included spells as a foreign correspondent in Brussels, Washington and Bangkok. He also edited The Economist’s business and Asia sections. Mr Rachman’s book, Zero-Sum World, about the future of international relations was published in the UK in 2010. He was named as foreign affairs commentator of the year in the UK Comment Awards for 2010. He is a regular broadcaster for — amongst others — the BBC, CNN and NPR, and also a regular public speaker before both academic and business audiences. Mr Rachman is a graduate of Caius College, Cambridge and has been a visiting fellow at the Woodrow Wilson School at Princeton University.
Attracta Mooney is the Investment Correspondent for the Financial Times, where she writes about the asset management industry for the paper and for FTfm, the FT's investment management section. She was previously a senior reporter at Ignites Europe, an FT news services covering the retail fund industry.
Miles Johnson is the Financial Times’ Capital Markets Editor. He has previously worked for the paper in various roles including its Global Investment Editor, Hedge Fund Correspondent, Madrid Correspondent, and Investment Correspondent. He has won several awards for his journalism and has featured regularly on English language and Spanish television and radio.
Owen Walker is an award-winning journalist who has covered business and investment issues in the US, UK and continental Europe. He is Asset Management Correspondent with the Financial Times, having previously served as Commissioning Editor in the Special Reports team. Before that he edited special FT publications on corporate governance, retail investment and pension scheme management. He has served as trustee on the board of the Pearson Group Pension Plan and was a committee member of the Association of Member Nominated Trustees. Mr Walker is author of a book on activist investors, Barbarians in the Boardroom, which was published in June.
For the first time since 2010, the global economy is outperforming, but optimism for the year ahead is tinged with caution. Confidence is buoyed by a benign environment characterised by low market volatility, low interest rates and strong growth in the US, Europe and other developed and emerging economies. However, fiscal tightening, diverging monetary policies, geo-political uncertainties, and uneasiness around the long-term prospects for the US and China, are just some of the major factors which may reshape the investment environment for all asset classes.
Will markets go higher or are they set for a correction? How are political and geo-economic developments in the US, UK, Middle East and Asia likely to influence investment in the year ahead? What will be the best approach on India, Brazil and other emerging markets amid concerns around China’s economic stability? As central banks tackle the inflation and interest rate dilemma, which is the outlook for yield across credit markets? With equities continuing their upward trend, how strong are the fundamentals underpinning asset prices? How should institutions adapt their investment strategies and trading styles to weather this uncertain cycle.
Chaired by senior Financial Times journalists, the FT’s Investment Management Summit, now in its fifth year, will bring together leading institutional investors, economists and asset managers to look beyond the short-term indicators, examining the stability of the growth momentum, and the opportunities and risks that lie beneath.
Agenda - 25th Sep
8:15amRegistration and networking
9:00amWelcome Remarks from the FT
Patrick Jenkins, Financial Editor, Financial Times
9:10amOpening Keynote Dialogue
Peter Praet, Member of the Executive Board, European Central Bank
Interviewed by: Patrick Jenkins, Financial Editor, Financial Times
9:50amLeaders Debate: Bulls and Bears – Is It Time to Reset Expectations On Both Sides?
Will markets go higher or are they over-valued and set for a correctional shock? The debate continues with the bulls pointing to the momentum of the global economic recovery, particularly in Europe and the US, strong performance in emerging markets, and limited rate rises because of low inflation. For the other side, a down market is looming as the bears focus on the implications of political uncertainty and tapering, low productivity, increasing wage demands, and historically high valuations in both bonds and equities. With opinion on the outlook so divided, should investors prepare for market stability or a return to volatility? Is it time to de-risk or re-risk, and what are the most effective strategies to take advantage of the short-term upside, while keeping a longer-term focus?
Tony Broccardo, Chief Investment Officer, Barclays Pension Fund
Lucrezia Reichlin, Professor of Economics, London Business School
Olivier Rousseau, Executive director, Fonds de réserve pour les retraites
Moderator: Miles Johnson, Capital Markets Editor, Financial Times
10:40amRefreshments and networking
11:20amFixed Income Discussion: Time to Get Selective
The prospect of tapering, rising rates and hovering inflation makes for a challenging environment for fixed income investors. As yields and spreads continue to tighten, where can investors seek out pockets of opportunity across the market? What is the outlook for yield and the best approaches to capture returns in emerging market debt, bank loans and convertible bonds? What role can active vs passive strategies, such as fixed income ETFs, play in mitigating the impact of rising rates?
Elena Manola-Bonthond, Head of Investments, CERN Pension Fund
Tom Joy, Director of Investments, Church Commissioners for England
Antoine Lesné, Head of SPDR ETF Research and Strategy for EMEA, Vice President, State Street Global Advisors
Moderator: Miles Johnson, Capital Markets Editor, Financial Times
12:00pmKeynote: Buying China - A Balance Between New Opportunities and Old Risks?
As China’s stock market goes global, thanks to MSCI’s inclusion of the country’s A-Shares on its major emerging market indexes, what does this mean for international investors and their portfolios? Does this move signal a new dawn for international investment in China? Where are the opportunities, and how should they be weighed against issues that persist around costs, liquidity, trading mechanisms, tax treatment and more. Amid rising economic tensions between the US and China, how can investors manage the challenges to capitalise on the promise of this huge market?
Moderator: James Kynge, Global China Editor, Financial Times
12:20pmTargeting Long-term Value in Emerging Markets
2017 was a record year for emerging market driven by synchronised global growth, robust corporate earnings, strong trade flows and low interest rates. Performance through 2018 looks less certain with major clouds including the potential for a stronger US dollar resulting from fiscal stimulus including tax cuts, tapering, and the prospects of a slowdown in China which could hit global demand for resources. How should investors navigating this shifting environment and can they profit from turbulence? Which sectors and markets hold the best potential in the year ahead against a background of volatility?
Carmel Peters, Head of Global Emerging Markets, Universities Superannuation Scheme (USS)
Ian McKnight, Chief Investment Officer, Royal Mail Pension Trustees Limited
Christoph Mueller, Chair, Investment Committee, Nest Sammelstiftung
Markus Stadlmann, Chief Investment Officer, Lloyds Bank
Moderator: James Kynge, Global China Editor, Financial Times
2:00pmLex Debate on the Motion: “Activists are giving European business the shakeup it needs”
Shareholder activists see Europe as a land of opportunity. In just a few years, these hedge funds have raised their sights from mid-sized investment groups to big industrial businesses. Should conventional investors welcome these incursions? Or will they push companies towards short-term strategies that damage shareholder value in the longer term?
This session, organised by Lex, the premium financial column of the FT, will debate and vote on the motion: “Activists are giving European business the shakeup it needs.”
Moderator: Jonathan Guthrie, Head of Lex, Financial Times
2:40pmThe Big Question: Returns, Regulation and Risk - What does the future hold for ETFs?
ETFs are now viewed as a critical part of the financial infrastructure, valued at US$4trillion in assets, compared to US$580bn in 2006. One of the fastest growing investment products in the world, they have been embraced by investors attracted by their tradability, tax efficiency and seemingly low costs. As the industry matures and investment markets become more complex, what will drive the next phase of growth? How should the industry respond to the increased scrutiny of regulators amid questions around how ETFs are supervised, and the extent to which they could present liquidity problems in stressed market conditions? Which sectors and markets show the greatest potential?
Jennifer Choi, Chief Counsel, ICI Global
Gerry Cross, Director of Policy and Risk, Central Bank of Ireland
Manooj Mistry, Co-Head of Index Investing, DWS; CEO, Deutsche Asset Management (UK)
Fannie Wurtz, Managing Director ETF, Indexing and Smart Beta, Amundi
Moderator: Owen Walker, Investment Correspondent, Financial Times
3:20pmPanel: Breaking Down the Barriers to Long-Term Infrastructure Investment
With a global spend required of US$94 trillion by 2040, according to the G-20 backed Global Infrastructure Hub, infrastructure is a huge market, ripe for private investment. However, despite a growing appetite amongst institutions keen to profit from long-term stable returns with low volatility, a funding gap remains. What steps need to be taken to mobilise great private investment? How do investors evaluate the risks vs the potential returns of green vs brownfield sites across key sectors such as housing, transport, energy and utilities? Where are the most attractive long-term opportunities for infrastructure investment in the UK and Europe, and in developing markets, and what are the most effective structures to access them? What can Governments and public bodies do to address the issues around project, financial and political risks?
Debora Revoltella, Director, Economics Department, European Investment Bank
Paul Shantic, Director - Inflation Sensitive, California State Teachers' Retirement System (CalSTRS)
Lorenzo Bernasconi, Senior Associate Director, The Rockefeller Foundation
Mark Fawcett, Chief Investment Officer, NEST
4:00pmRefreshments and networking
4:20pmKeynote Interview: Sustainable Investing – Responsibilities, Value and Returns
Vincent Hamelink, Chief Investment Officer of Investment Management, Member of the Executive Committee, Candriam
Interviewed by: Attracta Mooney, Investment Correspondent, Financial Times
4:45pmPanel: Has Political Risk Become The Number One Problem For Investors?
Gerard Lyons, Chief Economic Strategist, Netwealth
Karin von Hippel, Director General, Royal United Services Institute (RUSI)
Moderator: Gideon Rachman, Chief Foreign Affairs Commentator, Financial Times
5:30pmChairman’s closing remarks followed by networking reception for speakers, delegates and guests
This event has been produced to meet the needs of senior finance and investment professionals including; CIOs, CFOs, Fund Managers and Portfolio Managers operating in:
- DC and DB Pension Funds
- Insurance Companies
- Endowment Trusts
- Family Offices
- Sovereign Wealth Funds
A strictly limited number of paying places are available to senior representatives from consultancies and other professional service firms, including:
- Private Equity Houses
- Asset Management Firms
- Fund of Funds
- Investment Consultants
- Hear directly from Europe's Chief Investment Officers and senior portfolio managers on how they are navigating the unpredictable investment landscape
- Get expert insights on the prospects for fixed income, equity, alternatives, multi-asset investing and more
- Analyse how asset allocation is changing in the Trump era - how important is diversification and opportunistic investing in this period?
- Benefit from the very latest insights on which emerging markets are weathering the current volatility
- With an unrivalled number of institutional investors in the audience, this event offers unparalleled networking in an intimate, knowledge sharing setting
£999 + VAT - Available for senior representatives from consultancies and other professional service firms.
Reserved exclusively for senior representatives from pension funds and insurance companies etc.
Platinum Sponsor (1)
Candriam Investors Group is a leading pan-European multi-specialist asset manager with a 20-year track record and a team of more than 500 experienced professionals. Managing about €112 bln AUM at the end of March 2018, Candriam has established management centres in Luxembourg, Paris, Brussels and London, and has experienced client relationship managers covering Continental Europe, the UK, the USA, the Middle East and Australia.
Its investment solutions cover five key areas: fixed income, equities, absolute performance strategies, sustainable investments and advanced asset allocation. Through conviction-driven investment solutions, Candriam has earned a reputation for delivering innovation and strong performance to a long-standing, diversified client base in over 20 countries.
Candriam has been running responsible investment portfolios since 1996. The core of our conviction has always been that investment opportunities and risks cannot be fully evaluated using traditional financial measures alone: to ensure a complete view of each company’s prospects, we need to consider its ESG practices. Over the years we’ve increased our range of SRI capabilities such that today, we provide our investors with the broadest range of SRI portfolios and services in Europe. Using a unique approach to Best-in-Class ESG screening, Candriam covers all the main asset classes and geographic areas, as well as providing dedicated SRI advisory services.
As a responsible asset manager, Candriam became one of the first signatories of the UN Principles of Responsible Investment (PRI) in 2006. The initiative is a partnership between the United Nations and global investors with the goal of promoting and mainstreaming responsible investment practice.
Candriam Investors Group is a New York Life Company. New York Life Investments ranks among the world's largest asset managers.
Gold Sponsors (2)
The ETF, Indexing and Smart Beta business line of Amundi is one of the group’s strategic business areas and totalizes €90 billion AuM as of 31/12/2017. Built on strong commitments of cost efficiency, innovation and transparency, the Amundi ETF platform is the 5th largest ETF provider in Europe (DB ETF Review as of 31/03/2018) with 100 ETFs and more than 500 registrations and cross-listings in Europe. On Indexing and Smart Beta, innovation and customization are at the core of the client-oriented approach. The objective is to provide investors with robust, flexible and cost efficient solutions, leveraging Amundi pricing power and extensive resources. www.amundietf.com
SPDR ETFs is the exchange traded fund offering from State Street Global Advisors, part of State Street Corporation. SPDR ETFs offers an array of international and domestic asset classes, providing investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 and has remained on the forefront of innovation, introducing many ground-breaking products, including first-to-market launches with convertible bonds, multi-asset global infrastructure and a full range of sector ETFs. SPDR ETFs now has more than $680bn AUM globally across 246 funds*.
*Source: Morningstar as at 31 December 2017.
Silver Sponsor (1)
DWS Group GmbH & Co. KGaA (DWS) is one of the world's leading asset managers with EUR700bn of assets under management (as of 31 Dec 2017). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.
DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.
Supporting Partners (2)
FTfm is the touchstone for the global fund management industry. It provides news, trend analysis, interviews, debate and thought leadership to the world's top asset managers and institutional investors, as well as prices.
Distributed every Monday throughout Europe and Asia, with a monthly US edition, it is unique in the market place, delivering focused editorial with a huge distribution.FTfm is read by institutional and professional investors, analysts, traders, C-Suite executives, consultants and other corporates and professionals interested in the global asset management industry.
FTfm is also available online at www.ft.com/ftfm. FTfm's extra online content includes video interviews with industry members; Q&As with key figures; Comment & Opinion, where readers can discuss FT editorial. Readers can also register for the free weekly FTfm email update.
For our advertisers, it provides access to the World's leading asset managers and investors.
Published by the Financial Times, Professional Wealth Management (PWM) specialises in analysing the growth strategies of private banks and the regional financial centres in which they operate.PWM carries the latest analysis of private banks, wealth managers and regional financial centres, along with in-depth reporting on asset allocation, the fast moving regulatory agenda, digital operations and technology, with input from a broad range of thought leaders.PWM is devoted to analysing the delivery of wealth solutions to private clients and entrepreneurial families. This can be through traditional banks, private investment or family offices and increasingly robo-advisers. PWM is also helping financial institutions to set up relevant distribution and advice models in developing markets such as the Middle East and parts of Asia and Latin America. Register for a free print subscription to receive PWM bi-monthly.
Media Partners (3)
The Association of the Luxembourg Fund Industry (ALFI) is the representative body of the Luxembourg investment fund community. Created in 1988, the Association today represents over 1,500 Luxembourg domiciled investment funds, asset management companies and a wide range of service providers such as depositary banks, fund administrators, transfer agents, distributors, legal firms, consultants, tax experts, auditors and accountants, specialist IT providers and communication companies. The Luxembourg Fund industry is the largest fund domicile in Europe and a worldwide leader in cross-border distribution of funds. Luxembourg-domiciled investment structures are distributed on a global basis in more than 70 countries with a particular focus on Europe, Asia, Latin America and the Middle East.
For further information, do not hesitate to consult our website at www.alfi.lu.
The Irish Funds Industry Association (Irish Funds) is the representative body for the international investment funds community in Ireland. Members come from all areas of the industry, includingfund managers, depositaries, administrators, transfer agents, professional advisory firms and other specialist firms.
As the voice of the funds industry in Ireland, Irish Funds:
- - Represents the industry in discussions with government and agencies
- - Raises the profile of Ireland's funds industry
- - Supports the development and training of funds professionals
- - Provides industry informational resources
- - Represents the industry internationally
Irish Funds supports the continued development of the industry and raises the profile of Ireland as the location of choice for the domiciling and administration of investment funds.
Savvy Investor http://www.savvyinvestor.net is the world’s leading platform for investors’ research – curating, distributing and promoting investment white papers to institutional investors. The site is split into 50 topic sections, with a dedicated section for Institutional Asset Managers.
During registration, which is free, each member specifies the investment topics they are interested in, which enables the site to provide a very personalised experience. With over 20,000 members, Savvy Investor is growing fast. Every month, over 12,000 white papers are downloaded from our site – more than any other platform.