|Job title||Fund Manager|
|Company||Artemis Investment Management|
|Title||European long/short investing: embracing a volatile market|
|Content||An auditor before he was a fund manager, Paul Casson brings the discipline of forensic accounting to his stock selection. This rigour, combined with fundamental bottom-up analysis and a macro overlay, allows the fund to make the most of falling as well as rising markets. Paul explains the benefits of having an ‘expandable balance sheet’, what kind of stocks he is investing in for his long book and why he thinks a nose for ‘idiosyncratic shorts’ is so important in a volatile environment.|
|Biog||Paul has managed the Artemis Pan-European Absolute Return Fund since launch in July 2014. After graduating in accounting from Queen’s University, Belfast in 1995, he worked as an auditor for KPMG. In 1997, he joined Martin Currie as a trainee fund manager, moving to SVM Asset Management four years later. There he was lead manager on its continental and pan-European mandates, and assistant manager of a long-short, pan-European equity fund. In 2005, he joined Henderson Global Investors as director of pan-European equities. Paul joined Artemis in April 2013.|
|Title||How to overcome uncertainty in 2017 with a contrarian approach on equity and low vol Abs return approach on EM Bond|
|Content||2017 will be dominated by higher uncertainty. Mature economic cycle in US and uncertainty on Trumpnomics, Fed and ECB tapering, elections in Europe will be sources of incertitude that will challenge asset managers. In this context, Eurizon Capital proposes two solutions. |
As Central Banks in the developed world have strongly complicated the asset management of fixed income products, by imposing via QE negative or quasi-negative yield, in order to avoid excessive exposure to interest rate, exchange rate, and credit risks, Eurizon Capital best pick is represented by Epsilon Fund Emerging Bond Total Return. The find offers to institutional investors a valid alternative to negative yields on the short end of the curve.
In a scenario of economic growth below historical average and nominal interest rates near zero, achieving positive real returns with a high Sharpe Ratio and below average equity volatility is our goal. A unique investment approach based on a disciplined flexible equity allocation and the selection of sustainable high dividend stocks are the key elements of Eurizon EasyFund Azioni Strategia Flessibile aimed at seizing the risk-adjusted opportunities offered by core equity markets.
|Biog||Emiliano graduated in 1997 from L.Bocconi University with a degree in Economics, and then continued at the same institution as a teaching assistant at the Faculty of Economics of Financial Intermediaries. He got a master in finance from the London Business School. From 1998 to 2000, he was quantitative analyst at the Research Department of Banca Commerciale Italiana. In 2000, he joined Sanpaolo Asset Management SGR (now, Eurizon Capital SGR), as part of the Wealth-Lab team, where he was responsible for structuring capital-protected products and involved in multi-manager business set up. In 2003, he became Head of Balanced and Structured Products in Sanpaolo AM Luxembourg S.A (now, Eurizon Capital S.A.). Emiliano was appointed Head of Investments of Eurizon Capital S.A. in 2005 extending his responsibility to Limited Tracking Error funds, covering multiple asset classes. He is Contract professor at C. Cattaneo University in Castellanza, and the author of numerous publications.|
|Job title||Fixed Income Portfolio Specialist|
|Company||T. Rowe Price|
|Title||What Role for Fixed Income Today? T. Rowe Price Approach to a Challenging Environment|
|Content||The cross-currents buffeting the global economy have rarely been stronger: and the rules of investing in fixed income seem to have radically changed. In a world of zero interest rates, can we still expect fixed income to deliver its traditional characteristics of income, protection and diversification? Furthermore, as we see increasing demand for more absolute return oriented strategies, are we simply replacing market risk in favour of other types of risk such as manager risk for our clients? During this session, we will explore how investors can reconfigure their fixed income allocations and how T. Rowe Price designed a solution to help them navigate through the current environment and still achieve their investment goals.|
|Biog||Stephane Fertat is a portfolio specialist for the Fixed Income Division at T. Rowe Price. Stephane joined the firm in 2007 and brings with him 21 years of investment experience. He was a European fixed-income fund manager with Fischer Francis Trees and Watts and most recently a fixed-income product manager for inflation-linked products as well as a director of Client Service and Business Development for Europe. He was previously employed by Societe Generale Fimat Investment Management in Chicago as a hedge fund analyst. Stephane received a master's degree in finance from Ecole Superieure de Commerce de Paris (ESCP-EAP) and has also earned the Chartered Financial Analyst designation|
|Job title||Chief Investment Officer|
|Company||Seilern Investment Management|
|Title||The best companies in the world: a simple approach to generating returns in a complicated world|
|Content||At Seilern, we invest in exceptional companies. We look for companies that can withstand changes in market sentiment and political uncertainty. These companies typically have superior business models, stable and predictable business economics, a sustainable competitive advantage and high returns on capital. They are run by a management team that exhibits integrity and whose interests are closely aligned with long-term shareholders.|
As Chief Investment Officer, Raphaël leads an investment team responsible for finding and analysing these companies, and constructing the Stryx funds: concentrated portfolios that will withstand the uncertain markets of today to produce long-term returns. With over 20 years’ track record, the funds have proven to provide returns across cycles and throughout a multitude of market conditions.
Raphaël will discuss a few of the companies he likes, why they are positioned for growth over the coming years, and the Stryx fund range.
|Biog||Raphaël is a Director and the Chief Investment Officer of Seilern Investment Management. He leads the Investment Team and is responsible for the oversight of all investment research for the Seilern Universe of quality growth stocks. He is also the Fund Manager for Stryx World Growth and Stryx America. Raphaël has close to 20 years of experience in equity research and fund management. Prior to joining Seilern Investment Management, he worked on the research management team of Exane BNP Paribas and was responsible for the idea generation and the management of certificates. At Exane BNP Paribas, Raphaël successfully launched and managed several equity products based on a similar quality growth strategy to the Stryx funds. He started his career at Dexia as a sell side analyst. Raphael is a graduate of the IEP Paris and holds a BS in Economics and is a member of the Société Française des Analystes Financiers. He is fluent in French and English.|
|Company||Investec Asset Management|
|Title||Unearthing hidden gems in Europe using a disciplined, consistent framework|
|Content||Rajeev Bahl, our European regional specialist at Investec AM, presents his positive view on European equities. Our fundamental expectation of a recovery in European corporate earnings remains intact and there are also signs that attitudes on corporate reform in Europe are changing. As such, as well as pockets of improving corporate fundamentals in Europe, we are finding opportunity in companies that are undertaking self-help and making efforts to rationalise.|
Our award-winning Fund is run using the 4Factor investment process which gives rise to an adaptable portfolio which is benchmark, style and size agnostic. Our high conviction portfolio has an excellent track record of outperformance of 8.32%* over the past five years, without taking excessive market risk.
*Source: Investec Asset Management, data as at end of December 2016, from our GIPS Composite strategy.
|Biog||Rajeev is a European regional analyst within the 4Factor Equity team at Investec Asset Management, and previously a Global Service sector analyst. |
Prior to joining the firm, Rajeev was a partner at Matrix Corporate Capital where he was co-head of research and senior research analyst covering European software and IT services. Rajeev previously worked in equity research at Piper Jaffray, Deutsche Bank and J.P. Morgan Cazenove covering a range of European mid and large caps including periods focusing on technology, and on mid-caps in northern Europe.
Rajeev graduated from the London School of Economics with the first class degree in Economics, Finance and Accounting. He subsequently qualified as a Chartered Accountant at KPMG, where he was focused on chemical, mining and distribution businesses.