Programme List - Investment Conference 2019
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Programme

*Please note this programme is subject to change 

08:45 – 09:30

Delegate registration and networking

With refreshments

09:30 – 09:35

Chair’s welcome and opening remarks

Jonathan Stapleton, Editor-in-Chief, Professional Pensions

09:35 – 10:00

Opening Keynote: Do we dare mention the B word?

Yael Selfin, Chief Economist, KPMG

10:05 – 10:30

The Drive for Value

It goes without saying that the focus on fees and cost transparency has never been so great. How can pension schemes get greater cost transparency? How can you drive lower fees and retain value for money on your investments? In this session, Aon's Tim Giles will explore how schemes of all sizes can drive lower fees through the investment solutions available to help achieve better investment outcomes.

Tim Giles, Senior Partner, Aon

10:35– 11:00

The Governance Revolution

 

  • Proactive governance: the game-changer in the new era of pension provision.
  • Why the new industry standard should focus on enhancing, rather than simply protecting, member outcomes
Andy Dickson, Head of Business Development, Atlas Master Trust

 

11:00 – 11:30

Morning networking break

With refreshments

11:30 - 11:55

Managing risk in turbulent times

2018 may be remembered as the year volatility returned to the market and a number of tail risks on the horizon could cause this to continue. There is no panacea for market volatility however, there are some steps that can help. While growth assets mostly tend to do poorly in a downturn, there are often relative winners and diversification is key. Hedging your interest rate and inflation risk can also reduce funding level volatility and preplanning for your cashflow requirements can avoid you being a forced seller of assets.

Femi Bart-Williams, Senior Solutions Strategy Manager, LGIM

12:00 – 12:25

Shining the light on infrastructure

Since infrastructure became accessible to private investors, its popularity has grown almost exponentially. Last year, global fundraising for privately owned or ‘unlisted' infrastructure projects reached a new record level $85 billion in 2018.

EDF's Sizewell C nuclear power station is a new opportunity for pension fund investment. This session will explain why the project is an attractive proposition for funds and an ESG compliant model for future low carbon energy investment in the UK

Julia Pyke, Nuclear Development Director, EDF Energy

 

12:30 – 13:30

Networking buffet lunch

13:30 – 14:10

Afternoon keynote panel: What are the strategies for the future?

  • Gender diversity investing
  • ESG
  • Should we continue to consider these as ‘alternative'?
Dame Helena Morrissey, Head of Personal Investing, LGIM
Shola Salako, Trustee, Dalriada
Leo George, Head of Sustainable Ownership, RPMI Railpen
Wolfgang Kuhn, Fellow, ShareAction

14:10 – 14:35

To buy-in or not to buy-in?

The bulk annuity (buy-in and buy-out) market hit record levels in 2018, with activity being driven by improved funding levels, a slowing in longevity expectations and competitive pricing. Given that the majority of buy-in transactions cover only pensioners in payment, care must be taken to consider the impact on the scheme as a whole. Looking through this lens, carrying out a buy-in too early could make the overall portfolio outcome less certain and make it more difficult to achieve a full buy-out. We will consider some of the potential issues associated with use of buy-ins, suggest an analysis framework that schemes should consider before making a decision and examine alternative de-risking options that could help schemes reach their endgame with greater certainty.

Jos Vermeulen, Head of Solution Design, Insight Investment

14:40 – 15:05

Responsible Returns: Better Stocks for a Better World

Many equity investors want to help create social benefits while also generating strong returns. Achieving these twin goals requires a comprehensive investment process based on knowledge and research skill - not platitudes. It requires identifying businesses that deliver goods and services to promote sustainability while also ensuring that the companies themselves live up to strong environmental, social and governance standards in everything they do. In our discussion, we will outline a process designed to effectively integrate ESG factors in a sustainable equity strategy, leveraging the UN Sustainable Development Goals (SDGs) as the foundation - and how our early leadership in this area has enabled us to build out a fixed income capability anchored by the UN SDGs. We will also discuss several common misconceptions about Responsible Investment.

Daniel C. Roarty, Chief Investment Officer, Thematic & Sustainable Equities, AllianceBernstein

15:05 – 15:10

Chair’s closing remarks and close of conference