|Job title||Vice President, Portfolio Manager|
|Company||Acadian Asset Management|
|Title||Harvesting the power of multi-factor investing in European Equities|
|Content||Acadian believes market inefficiencies caused by behavioural errors can be exploited. Our dynamic multi-factor approach applies fundamental insights in a systematic manner in an effort to remove emotions and uncover attractive stock opportunities. With our state-of-the-art technology, Acadian is able to deliver cutting edge investment analysis to over 40,500 securities globally, including approximately 6,000 European equity securities. Portfolio Manager Mark Webster looks forward to explaining the intricacies of how this efficient implementation can provide a diversified, dynamic and risk aware portfolio. Furthermore, why the disciplined and dynamic nature of our process helped to reposition the portfolio through various factor rotations (e.g. in both 2015 and 2016). Our sophisticated risk management framework has been an important component of managing uncompensated risks; thus reducing drawdowns and delivering stable risk-adjusted returns. Acadian’s European Equity UCITS is a core/value all cap fund, with a strong and consistent ten year track record of performance.|
|Biog||Mark joined Acadian in 2015. As a member of the Portfolio Management team, he contributes to improving the investment process, manages portfolios, and supports marketing and client service efforts. Prior to Acadian, he worked as investment director at the CCLA, and previously held the title of managing director/European team head of active equity quantitative strategies at State Street Global Advisors. Mark is a member of the CFA Society United Kingdom. Education: B.A. (Hons) in Financial Services from Bournemouth University.|
|Title||Emerging Market Equities – Knowledge is Power|
|Content||In emerging markets “Knowledge is Power” in order to understand companies fully and to value them effectively. Company characteristics are not always appropriately valued in emerging markets and companies are often priced on short-term or thematic considerations. Reliable information can be sparse and hard to access, with many investors unaware of early stage trends and a company’s capabilities which will reap benefits over the long-term. The investment team believe in getting to know management and meeting them regularly over time and they do not invest in any companies they haven’t met. In this session Julian will outline the case for emerging market equities and describe how our fundamentally driven research process leads to a concentrated portfolio of quality growth oriented companies that we believe can compound value for shareholders over time, resulting in superior investment performance.|
|Biog||Julian joined the firm in 2003 as a director of Charlemagne Capital (UK) Limited (now Fiera Capital (UK) Limited) and a member of the Portfolio Management Team. Julian has over 30 years’ investment experience, most of which has been focused on emerging markets. Julian began his investment management career in Hong Kong with Schroders before joining Thornton Management (now Allianz Global Investors Asia Pacific) in Hong Kong in 1985. He opened Thornton’s Tokyo office in 1987, where he was responsible for North Asian investments, before moving to London in 1991. After 11 years at Thornton, Julian joined the Regent Pacific Group and returned to Asia in 1999 as Managing Director of Regent’s Hong Kong office responsible for portfolio management. Julian has a BSc in Economics from Bristol University.|
|Job title||Chief Product Specialist|
|Company||Tokio Marine Asset Management|
|Title||Japan: The Breakout|
|Content||Historical events require a historical perspective; the constructive Japanese markets of the past year in the context of current policies as well as secular transformation beyond the two “lost” decades will be discussed in an open format encouraging active client participation. What has or has not changed? Are the changes cyclical or structural? We will examine the potential merits of a full or overweight allocation in Japan in combination with the shifting fundamentals of a country in socio-economic transition. While prevailing flows are observed to be decidedly top-down, idiosyncratic returns may present specific opportunities and we will anecdotally discuss the merits of a stable growth-oriented active portfolio that is our hallmark strategy.|
We feel the rewards of efficient stock picking in a shifting fundamental landscape will become even more significant in Japan. We hope to bring a fresh perspective to drive new ideas in this evolving market.
|Biog||As our Product Specialist, Watts interacts broadly with investors on investment and allocation ideas. He has over 25 years of experience in the Japanese and international markets across fixed income, equity and derivatives, having held various analyst, sales and fund management responsibilities at Morgan Stanley, Credit Suisse, UBS and OakHill Platinum Partners among others. Watts holds a BA from Keio University, MBA from MIT, MA from The New School, and MM from New York University.|
|Job title||Investment Manager, Partner|
|Company||Baillie Gifford & Co|
|Title||In an Uncertain World, Don’t Lose Sight of The Opportunities|
|Content||Where are the transformational growth opportunities available for long-term investors, and what should asset managers be doing to understand them? This session will look beyond the geopolitical volatility which dominates the headlines and to seek out longer-term trends. Are investors paying appropriate attention to these trends?|
|Biog||Douglas graduated BSc in Molecular Biology & Biochemistry from Durham University in 1997 and with a DPhil in Molecular Immunology from Oxford University in 2001. He joined Baillie Gifford in 2001 and is Head of the Global Discovery Team. Douglas became a Partner in 2015 and is a CFA Charterholder.|
|Job title||Head of Fixed Income|
|Company||Old Mutual Global Investors|
|Title||Party Over - Someone Called the Inflation Cops|
|Content||Inflation has shown signs of life, central banks are set to withdraw extraordinary stimulus measures, and interest rates are set to rise. A broad multi-sector and long/short approach to fixed income is appropriate as although dwindling pockets of value still exist in fixed income, overvaluation is also prevalent. Mark Nash, head of fixed income and manager of the Old Mutual Strategic Absolute Return Fund, will discuss the vast range of opportunities in fixed income and currency markets provided by the macroeconomic changes that are occurring, and how to adapt to improve returns in these new and exciting asset market conditions.|
|Biog||Mark joined Old Mutual Global Investors in June 2016 and is Head of Fixed Income. Mark is lead Manager of the Old Mutual Global Strategic Bond Fund. He previously worked at Invesco Asset Management since 2001, most recently as head of global multi-sector portfolio management and head of European fixed income strategy.|
|Job title||Senior Client Portfolio Manager|
|Company||Candriam Investors Group|
|Title||EMD HC: Navigating market headwinds through a relative value approach|
|Content||The EM Debt asset class benefits from improving fundamentals and relatively attractive yields. On the other hand, external factors (such as Fed rate hike) and EM specific risks (such as elections or political instability) are likely to present challenges. This context requires differentiation and a careful selection of instruments within the large and heterogeneous EMD universe. Candriam Bonds Emerging Market implements a unique investment process based on a distinctive “relative value” approach in order to deliver risk-adjusted returns across the EMD HC universe. This time-tested approach combined with an extensive proprietary tool-kit enables the investment team to identify market inefficiencies and selectively pick the best investment opportunities. The investment process also explicitly integrates ESG factors, which are key in determining the long term credit worthiness of EM countries. The portfolio construction and calibration of positions is a function of the convictions generated by the team as well as the disciplined risk framework and strict investment guidelines. The Fund is supported by an experienced investment team with specific focus and complementary expertise.|
|Biog||Charudatta has been a Senior Client Portfolio Manager within the fixed income team at Candriam since September 2016. Since then, he has been responsible for the communication and messaging regarding all FI strategies, with a strong emphasis on EM Debt and Credit. He has over 12 years of experience in the asset management industry, with 10 years within the fixed income universe. Prior to joining Candriam, he was a product specialist at Carmignac Gestion, in France, where he was in charge of communication on the fixed income funds. He began his career with Pioneer Investments in Dublin, where he was a product research analyst. |
Charudatta holds a double degree in Finance and Economics from the American Business School of Paris, where he graduated with honors.
|Job title||Managing Partner and Founder|
|Company||Origin Asset Management (a Principal Global Investors investment boutique)|
|Title||Systematic active investing|
|Content||As the volume of data available to financial analysts grows exponentially, many investors applying traditional active management techniques are struggling to cope. For many years now, Origin’s systematic processes have aimed to capitalise on the behavioral biases inherent in more traditional methods of active investing. The “evidence-based” investing that Origin prefers, focuses on data available today rather than any subjective forecasting of the future. This preference has been at the core of Origin Asset Management’s approach since they were established in 2005. Nigel will discuss how investors can use a systematic active investment approach in their portfolios today.|
|Biog||Nigel is Managing Partner and Founder of Origin Asset Management. Nigel heads a team of five PMs building long only equity portfolios for clients around the world. Prior to starting Origin in 2004, Nigel has managed money for Investec, Schroders and Hill Samuel. He is a graduate of Surrey University with a BSc Joint Honors Degree in Mathematics & Economics.|
|Job title||Portfolio Manager|
|Company||Investec Asset Management|
|Title||Seeking investment opportunities in Europe - the 4FactorTM way|
|Content||The Investec European Equity Fund is a high conviction portfolio constructed from bottom-up stock picking. |
During the presentation Ken Hsia, Portfolio Manager, will discuss how we seek attractive investment opportunities in Europe by applying our proprietary 4FactorTM investment process.
This disciplined, tried and tested investment process combines both traditional and behavioural investment factors. As a result this tends to lead to adaptable portfolios that are style and size agnostic with no benchmark constraints.
Ken will also provide an overview of the portfolio showing where we are currently positioned.
|Biog||Ken is the portfolio manager for the European strategies at Investec Asset Management. He joined the firm in 2004 from MoVa Investment Partners, a hedge fund, where he was portfolio manager and co-founder. He was involved in managing a portfolio focused on European small and mid-cap stocks. Prior to that, Ken spent eight years at Fidelity Investments as an equity analyst covering a range of sectors including UK and European auto components, construction, non-food retail and utilities, and was assistant fund manager on the UK Recovery Trust (now renamed UK Aggressive). Ken graduated from Oxford University with a Doctorate in Organic Chemistry. He is also an associate member of the UK Society of Investment Professionals (UKSIP).|
|Name||Adam Mac Nulty|
|Job title||Institutional Client Portfolio Manager|
|Company||Brandes Investment Partners (Europe)|
|Title||Value is Not Dead|
|Content||This session will focus on several common traits of successful value managers. We believe that value as a style deserves a place in an investors’ portfolio. The price you pay for an asset is a key determinant of long-term returns. Founded in 1974 and independently owned, Brandes Investment Partners has been successfully managing Value equity portfolios since 1974. Our strengths are our people, our culture and our alignment with clients’ interests. We have an unrelenting focus on value and our goal of delivering alpha over the long term. |
At the end of this workshop, we hope to have demonstrated:
a) That Value as a style still “works”
b) That Value can complement your existing portfolio mix
c) The characteristics to look for in a successful Value manager.
|Biog||Adam Mac Nulty serves as an institutional client portfolio manager to Brandes Investment Partners (Europe) Limited. Mr. Mac Nulty has 24 years of industry experience, including as a client portfolio manager of Multi-Asset Solutions at Pioneer Investments, and as a senior fund manager at Davy Asset Management. Prior to those roles he was Head of EAFE Equity Product at Bank of Ireland Asset Management. He was based in Santa Monica (and latterly Dublin), and was responsible for overseeing the firm’s International Equity portfolios for North American clients. Mr. Mac Nulty is a CFA charterholder. He earned an M.B.S. (Financial Services) from the Michael Smurfit Graduate Business School at University College Dublin, and a B.A. (Economics) from University College Dublin.|
|Job title||Product Development Analyst|
|Title||US Preferred Shares|
|Content||The PowerShares Preferred Shares UCITS ETF tracks the performance of fixed rate US dollar denominated preferred securities issued in the US domestic market. Preferred shares are a regulatory driven, hybrid asset class which provide yields comparable to US high yield bonds, but exposure to investment grade issuers. Constituents in the PowerShares Preferred Shares UCITS ETF are market-value weighted, subject to minimum rating and liquidity constraints.|
|Biog||Michael Stewart, Product Development Analyst, is responsible for new product development, product maintenance, and product research for PowerShares EMEA. Prior to this role, Michael worked in private client portfolio management with the Royal Bank of Canada. Michael holds an MBA (with Distinction) from City, University of London’s Cass Business School, and is a CFA Charterholder and member of the CFA Society of the UK.|
|Job title||Vice President and Portfolio Advisor|
|Title||Global Impact: Invest in the world you want to live in|
|Content||• Impact investing seeks to deliver attractive investment returns while helping to tackle the world’s major social and environmental challenges.|
• As the need for innovative impact solutions grows, a new generation of companies is adopting novel approaches and cutting-edge technologies to address global challenges in distinctive — often disruptive — and profitable ways.
• We focus on publicly listed equities of companies whose impact activities are central to their business, sustainable, quantifiable and unlikely to be supplied by other means.
• The Wellington Global Impact Fund is a focused, high-conviction portfolio which offers a liquid complement to private impact investments.
|Biog||As a Portfolio Advisor with Wellington Management, Oliver works closely with portfolio managers as well as the firm’s macroanalysts to articulate our investment views to clients and prospects. Within the portfolio advisor group, he covers a variety of strategies and asset classes, spanning equities and alternative investments. He represents the firm’s global investment capabilities and advises clients, prospects, and consultants on global investing concepts.|
Prior to joining Wellington Management in 2017, Oliver spent almost six years at Bank Julius Baer in Zurich, heading the fund investment specialists team. In that role, he built up the private bank’s global fund advisory channel. Previously, Oliver held positions in the Global Wealth Management of Deutsche Bank in Luxembourg and worked in fund advisory roles at Union Investment and IFSAM S.A. Oliver holds a diploma in economics from the University of Trier, Germany.
|Job title||Head of Equity Developed|
|Title||A smart way to manage equity market volatility: the Eurizon approach|
|Content||Now is the time! A global equity fund may be very attractive in this new volatile environment. Our Smart Volatility algorithm is designed to solve some of the technical inefficiencies coming from the simple process of volatility minimization. Eurizon Fund Equity World Smart Volatility is the Eurizon proposal to generate equity like return with lower volatility in the last inning of a super long economic cycle … that might last longer than expected .|
|Biog||Roberto Berzero, with 17 years of experience in the industry, is Head of Equity Developed at Eurizon Capital SA (Luxembourg). |
In 2001, Roberto obtained a degree in Economics from “Università del Sacro Cuore di Milano” and earned his CFA designation in 2016. He began his career in Milan as assistant portfolio manager at Fineco. Roberto joined the Sanpaolo Group in 2002 landing a junior analyst position at the quantitative desk. In 2003 he was appointed portfolio manager for the Asia Equity Developed desk at Eurizon in Luxembourg. Roberto was actively involved in the implementation of quantitative models of the company and in 2016 he became senior equity portfolio manager with focus on Smart Beta strategies.