Overview – Wednesday – April 28

9:00am – 9:05am

Welcome

9:05am – 9:35am

Goliath: The 100-year war between monopoly power and democracy

A look at how concentrated financial power and consumerism transformed American politics, resulting in the emergence of populism and authoritarianism and the fall of the Democratic Party, while also providing the steps needed to create a new democracy.

Matt Stoller

Director of research, American Liberties Project and author of Goliath

Chair

Alex Proimos

Head of institutional content, Investment Magazine

9:35am – 10:00am

Risk hedging: Overlays, currency and what remains of a defensive asset?

A conversation on the reimaging and redefining of defensive assets at a time when government bonds do not offer the expected tail protection. As investors re-evaluate their defensive options, overlays and active currency management come into vogue -- but what is an effective strategy? 

Bob Prince

Co-chief investment officer, Bridgewater Associates

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:00am – 10:20am

The consequences of COVID and the next game in equity investment

A look at the fundamental shift in the decades-old policy framework. Heightened geopolitical tension, accelerated digitalisation, the impact of ESG on the cost of capital and the return of inflationary pressures. How do these factors change the rules of the game and how should an investor change their mindset?

Crispin Murray

Head of equities, Pendal Group

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

10:20am – 10:35am

Portfolio management: The bond market, liquidity and implementation

An exploration into the bond market dynamics pre- and post-pandemic and the parallel transition from monetary to fiscal dominance. With heightened concerns around demand-pull inflation and a ballooning money supply how should fixed income portfolios be positioned?

Darren Wills

Managing director, APAC head of fixed income iShares and institutional index, Blackrock

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

10:35am – 11:10am

Portfolio update and outlook: Themes and implementation

As societies emerge from the lockdowns there are new concerns for investors in matching their investments to reduce risks from new patterns of work, life and play. This interactive session explores the opportunities and challenges with investing for the long-term in a changing world.

Allison Hill

Deputy state chief investment officer, QIC

Del Hart

Head of external investments and partnerships, NZ Super

Kylie Willment

Chief investment officer, Mercer

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:10am – 11:30am

Market dynamics and multi-asset: Playing defence and offence

An open discussion on what should be considered normal investing today with a market fueled by fiscal stimulus and monetary policy. Without a taper and hundreds of billions in new reserves entering the market, how should investors allocate risk today without being caught in the bubble?

Noah Weisberger

Managing director, institutional advisory & solutions, PGIM

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:30am – 12:00pm

Investor fireside: The elements of portfolio construction

As fiduciaries, the challenge is to manage capital for the long-term and protect against a spectrum of risks in the short, medium and long-term. This interactive session explores the strategies and tactics of investors as we build back better post the pandemic.

Tanya Branwhite

Head of portfolio construction, TCorp

Chair

Mark Burgess

Chair, investment committee, HESTA

12:00pm

Morning Day One Close

3:00pm – 3:05pm

Welcome afternoon day one

3:05pm – 3:25pm

Consultant disruption: Self reflections and projections

An open conversation on issues facing the superannuation industry including the financial markets, industry structure, regulation and the impact to investment models.

Emily Barlow

Senior investment consultant – principal, Mercer

Paul Newfield

Director of sector research, Frontier

Chair

Alex Proimos

Head of institutional content, Investment Magazine

3:25pm – 3:40pm

Due diligence: embracing new managers in the new normal

A practical session on the changing nature of investment manager due diligence. Without the physical presence and a meeting of the eyes, investors feel they lack depth in building rapport and comfort with a potential new partner. But are there approaches to looking behind the normalcy bias?

Rick DiMascio

Founder and chief executive, Inalytics

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

3:40pm – 3:55pm

The evolution of quant, the systematic toolkit and its role in portfolio completion

A discussion on the increasing sophistication of asset owners and how systematic investing is a tool for portfolio completion and diversification. Investors can seek to capture specific payoffs, hedge risks, and complete their portfolio by isolating risk factors with customised systematic solutions.

Anthony Lawler

Head of systematic and head of investment solutions, GAM

Chair

Alex Proimos

Head of institutional content, Investment Magazine

3:55pm – 4:10pm

A distinctive source of returns: The coming of age of scientific fixed income investing

A conversation on rising yields and the financial conditions of mid-market companies. Despite the less stable financials than public credit, therein lies an opportunity to capture the illiquidity and complexity premium by flexible contract design to better cater to borrower needs.

Benjamin Brodsky

Chief investment officer, BlueCove

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

4:10pm – 4:25pm

Alternative risk premia: Overcoming the pain and suffering

A conversation on why alternative risk premia should form part of a strategic asset allocation despite the diversification properties being in question. Poor ARP implementation practices during challenging markets and misconceptions about its role are inconsistent with the theoretical and empirical evidence. 

Jean-Charles Bertrand

Chief investment officer - multi-asset, HSBC

Chair

Alex Proimos

Head of institutional content, Investment Magazine

4:25pm – 4:40pm

Climate change, weather modelling and insurance-linked securities

A delve into the processes underlying longer-term weather modelling, the pricing of risks associated with climate change and natural catastrophes and the application of classical ESG tools to improve investment analysis and decision making with re-insurance offerings.

Urs Ramseier

Founding partner, Twelve Cap

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

4:40pm – 5:00pm

Market forces and activism: Best practice versus member pressure

An uncomfortable conversation as we discuss the activists that are lobbying the super funds to change their approach to investing in fossil fuel companies and managing the risk of climate change. The conversation, of course, is multifaceted as funds must deliver member outcomes.  

Andrew Parry

Head of responsible investment, Newton Investment Management

Chair

Alex Proimos

Head of institutional content, Investment Magazine

5:00pm – 5:30pm

Paradigm shifts: Managing liquidity and risk management

An insight into portfolio considerations and decision-making when managing liquidity during volatile market conditions. The session will consider asset allocation and the role of derivatives and hedging.

Bev Durston

Managing director, Edgehaven

John Lucey

Chief investment officer, Avant Mutual

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

5:30pm

Afternoon day one close

Day 2 – Thursday – April 29

9:00am – 9:05am

Welcome day two morning

9:05am – 9:30am

The insurrection narrative, censored political speech and its aftermath

The measure of how free a society is should not be measured by how its well-behaved ruling class servants are treated, but rather the fate of its dissidents. What becomes of a society where those who render themselves acquiescent and harmless are free from reprisal, but those who refuse this Orwellian bargain meet an unlimited almighty force?

Glenn Greenwald

Co-founder of The Intercept; author “No Place to Hide”

Chair

Alex Proimos

Head of institutional content, Investment Magazine

9:30am – 10:00am

Taiwan, geopolitical tension and China’s inevitable rise in indices

A presentation on China’s challenges as they seek to become a market economy but with the essence of a socialist system struggling with political, economic, social and cultural rights and interests. With growing internal pressures, what does this mean for China’s neighbours?

Stephen Kotkin

John P. Birkelund ’52 professor in history and international affairs, Princeton University

Chair

Colin Tate

Chief executive, Conexus Financial

10:00am – 10:20am

Reading the future, statistical learning and risk management

A look at how the constant news feed and information flow is pervasive for investors. In this session we will explore how to assess information relevance and how a statistical learning framework can guide asset allocators during periods of market stress.

Alan Marantz

Managing director, Fort L.P.

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:20am – 10:50am

Software eating the world: private equity, disruption and digitisation of the economy

A discussion on the impact of technology and disruption in today’s economy. The magnificent seven largest tech stocks are worth a combined eight trillion dollars. As regulators and the public become more focused on these giants' negative behaviour and activities, have the gates opened for new ventures?

Robert F. Smith

Chairman, VISTA

Chair

Colin Tate

Chief executive, Conexus Financial

10:50am – 11:10am

Further afield: Emerging markets and private equity

Investing in listed assets in developed markets has produced heightened volatility and the risk of crowded trades. This session considers the risks associated with exploring the opportunity set offered by unlisted investments in the developing world.

Alexandre Saigh

Senior managing partner and chief executive, Patria Investments

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:10am – 11:45am

YFYS performance test: Will it benefit consumers?

The performance test is a highly controversial policy measure. Overall, will it benefit consumers or not? That is the question being explored by our panel who bring different perspectives.  

Aiden Geysen

Senior investment strategist, Vanguard Australia

Damian Graham

Chief investment officer, Aware Super

Xavier O’Halloran

Director, Super Consumers Australia

Chair

David Bell

Executive director, The Conexus Institute

11:45am

Morning day two close

Day 1 – Wednesday – April 28

9:00am – 9:05am

Welcome

9:05am – 9:35am

Goliath: The 100-year war between monopoly power and democracy

A look at how concentrated financial power and consumerism transformed American politics, resulting in the emergence of populism and authoritarianism and the fall of the Democratic Party, while also providing the steps needed to create a new democracy.

Matt Stoller

Director of research, American Liberties Project and author of Goliath

Chair

Alex Proimos

Head of institutional content, Investment Magazine

9:35am – 10:00am

Risk hedging: Overlays, currency and what remains of a defensive asset?

A conversation on the reimaging and redefining of defensive assets at a time when government bonds do not offer the expected tail protection. As investors re-evaluate their defensive options, overlays and active currency management come into vogue -- but what is an effective strategy? 

Bob Prince

Co-chief investment officer, Bridgewater Associates

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:00am – 10:20am

The consequences of COVID and the next game in equity investment

A look at the fundamental shift in the decades-old policy framework. Heightened geopolitical tension, accelerated digitalisation, the impact of ESG on the cost of capital and the return of inflationary pressures. How do these factors change the rules of the game and how should an investor change their mindset?

Crispin Murray

Head of equities, Pendal Group

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

10:20am – 10:35am

Portfolio management: The bond market, liquidity and implementation

An exploration into the bond market dynamics pre- and post-pandemic and the parallel transition from monetary to fiscal dominance. With heightened concerns around demand-pull inflation and a ballooning money supply how should fixed income portfolios be positioned?

Darren Wills

Managing director, APAC head of fixed income iShares and institutional index, Blackrock

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

10:35am – 11:10am

Portfolio update and outlook: Themes and implementation

As societies emerge from the lockdowns there are new concerns for investors in matching their investments to reduce risks from new patterns of work, life and play. This interactive session explores the opportunities and challenges with investing for the long-term in a changing world.

Allison Hill

Deputy state chief investment officer, QIC

Del Hart

Head of external investments and partnerships, NZ Super

Kylie Willment

Chief investment officer, Mercer

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:10am – 11:30am

Market dynamics and multi-asset: Playing defence and offence

An open discussion on what should be considered normal investing today with a market fueled by fiscal stimulus and monetary policy. Without a taper and hundreds of billions in new reserves entering the market, how should investors allocate risk today without being caught in the bubble?

Noah Weisberger

Managing director, institutional advisory & solutions, PGIM

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:30am – 12:00pm

Investor fireside: The elements of portfolio construction

As fiduciaries, the challenge is to manage capital for the long-term and protect against a spectrum of risks in the short, medium and long-term. This interactive session explores the strategies and tactics of investors as we build back better post the pandemic.

Tanya Branwhite

Head of portfolio construction, TCorp

Chair

Mark Burgess

Chair, investment committee, HESTA

12:00pm

Morning Day One Close

3:00pm – 3:05pm

Welcome afternoon day one

3:05pm – 3:25pm

Consultant disruption: Self reflections and projections

An open conversation on issues facing the superannuation industry including the financial markets, industry structure, regulation and the impact to investment models.

Emily Barlow

Senior investment consultant – principal, Mercer

Paul Newfield

Director of sector research, Frontier

Chair

Alex Proimos

Head of institutional content, Investment Magazine

3:25pm – 3:40pm

Due diligence: embracing new managers in the new normal

A practical session on the changing nature of investment manager due diligence. Without the physical presence and a meeting of the eyes, investors feel they lack depth in building rapport and comfort with a potential new partner. But are there approaches to looking behind the normalcy bias?

Rick DiMascio

Founder and chief executive, Inalytics

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

3:40pm – 3:55pm

The evolution of quant, the systematic toolkit and its role in portfolio completion

A discussion on the increasing sophistication of asset owners and how systematic investing is a tool for portfolio completion and diversification. Investors can seek to capture specific payoffs, hedge risks, and complete their portfolio by isolating risk factors with customised systematic solutions.

Anthony Lawler

Head of systematic and head of investment solutions, GAM

Chair

Alex Proimos

Head of institutional content, Investment Magazine

3:55pm – 4:10pm

A distinctive source of returns: The coming of age of scientific fixed income investing

A conversation on rising yields and the financial conditions of mid-market companies. Despite the less stable financials than public credit, therein lies an opportunity to capture the illiquidity and complexity premium by flexible contract design to better cater to borrower needs.

Benjamin Brodsky

Chief investment officer, BlueCove

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

4:10pm – 4:25pm

Alternative risk premia: Overcoming the pain and suffering

A conversation on why alternative risk premia should form part of a strategic asset allocation despite the diversification properties being in question. Poor ARP implementation practices during challenging markets and misconceptions about its role are inconsistent with the theoretical and empirical evidence. 

Jean-Charles Bertrand

Chief investment officer - multi-asset, HSBC

Chair

Alex Proimos

Head of institutional content, Investment Magazine

4:25pm – 4:40pm

Climate change, weather modelling and insurance-linked securities

A delve into the processes underlying longer-term weather modelling, the pricing of risks associated with climate change and natural catastrophes and the application of classical ESG tools to improve investment analysis and decision making with re-insurance offerings.

Urs Ramseier

Founding partner, Twelve Cap

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

4:40pm – 5:00pm

Market forces and activism: Best practice versus member pressure

An uncomfortable conversation as we discuss the activists that are lobbying the super funds to change their approach to investing in fossil fuel companies and managing the risk of climate change. The conversation, of course, is multifaceted as funds must deliver member outcomes.  

Andrew Parry

Head of responsible investment, Newton Investment Management

Chair

Alex Proimos

Head of institutional content, Investment Magazine

5:00pm – 5:30pm

Paradigm shifts: Managing liquidity and risk management

An insight into portfolio considerations and decision-making when managing liquidity during volatile market conditions. The session will consider asset allocation and the role of derivatives and hedging.

Bev Durston

Managing director, Edgehaven

John Lucey

Chief investment officer, Avant Mutual

Chair

Laurence Parker-Brown

Content producer, Conexus Financial

5:30pm

Afternoon day one close

Day 2 – Thursday – April 29

9:00am – 9:05am

Welcome day two morning

9:05am – 9:30am

The insurrection narrative, censored political speech and its aftermath

The measure of how free a society is should not be measured by how its well-behaved ruling class servants are treated, but rather the fate of its dissidents. What becomes of a society where those who render themselves acquiescent and harmless are free from reprisal, but those who refuse this Orwellian bargain meet an unlimited almighty force?

Glenn Greenwald

Co-founder of The Intercept; author “No Place to Hide”

Chair

Alex Proimos

Head of institutional content, Investment Magazine

9:30am – 10:00am

Taiwan, geopolitical tension and China’s inevitable rise in indices

A presentation on China’s challenges as they seek to become a market economy but with the essence of a socialist system struggling with political, economic, social and cultural rights and interests. With growing internal pressures, what does this mean for China’s neighbours?

Stephen Kotkin

John P. Birkelund ’52 professor in history and international affairs, Princeton University

Chair

Colin Tate

Chief executive, Conexus Financial

10:00am – 10:20am

Reading the future, statistical learning and risk management

A look at how the constant news feed and information flow is pervasive for investors. In this session we will explore how to assess information relevance and how a statistical learning framework can guide asset allocators during periods of market stress.

Alan Marantz

Managing director, Fort L.P.

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:20am – 10:50am

Software eating the world: private equity, disruption and digitisation of the economy

A discussion on the impact of technology and disruption in today’s economy. The magnificent seven largest tech stocks are worth a combined eight trillion dollars. As regulators and the public become more focused on these giants' negative behaviour and activities, have the gates opened for new ventures?

Robert F. Smith

Chairman, VISTA

Chair

Colin Tate

Chief executive, Conexus Financial

10:50am – 11:10am

Further afield: Emerging markets and private equity

Investing in listed assets in developed markets has produced heightened volatility and the risk of crowded trades. This session considers the risks associated with exploring the opportunity set offered by unlisted investments in the developing world.

Alexandre Saigh

Senior managing partner and chief executive, Patria Investments

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:10am – 11:45am

YFYS performance test: Will it benefit consumers?

The performance test is a highly controversial policy measure. Overall, will it benefit consumers or not? That is the question being explored by our panel who bring different perspectives.  

Aiden Geysen

Senior investment strategist, Vanguard Australia

Damian Graham

Chief investment officer, Aware Super

Xavier O’Halloran

Director, Super Consumers Australia

Chair

David Bell

Executive director, The Conexus Institute

11:45am

Morning day two close