Overview – Tuesday – September 14

9:00am – 9:05am

Welcome - DIGITAL LIVE STREAM ONLY

9:05am – 9:30am

Revisiting the Appetite and Models for Alternatives and Hedge Funds

Since Q4 2020, hedge funds have experienced a renaissance driven by both supply and demand effects. This session will explore the global trend towards market-neutral multi-asset and multi-strategy approaches with an element of convexity, and compare the multi-manager outsourced and direct models.

Toby Goodworth

Head of risk and diversifying strategies, bfinance

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

9:30am – 10:00am

Managing long duration assets in a new market regime

Rates, regulation and redistribution, are all increasing. Are investors entering a new regime of higher inflation and volatility? What impact does this environment have on valuations, particularly as central banks reduce their influence? What investment style is most conducive to this market regime? 

Atul Lele

Portfolio strategist, Bridgewater Associates

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:00am – 10:30am

Antifragility and the Safe Havens: Risk Mitigation During Financial Storms

What is a safe haven? What role should they play in an investment portfolio? Do we use them only to seek shelter during financial storms? Or are they something more? Contrary to financial theory, can higher returns come from lowering risk?

10:30am – 11:00am

Systematic Returns: Market Narratives, Trend Following and Risk Premia

Returns can be broken into two components: systematic and residual. This session explores the opportunities in the financial markets to capture risk premias beyond the cause and effect explanations and the illusion of a deeper understanding.

11:00am – 11:30am

Crypto and DeFI: Hedging Fiat, an Expression of Identity or Something Else?

Is Bitcoin being adopted by Wall Street the new digital gold or simply another  abstraction? I.e. the creation of a new product to trade and new assets to manage, all through the alchemy of securitization and leverage. Where will the narrative take us?

11:30am

Close of day 1

Day 2 – Wednesday – September 15

9:00am – 9:05am

Welcome - LIVE EVENT | IN-PERSON ONLY

9:05am – 9:35am

The Great Inflation Debate. Stagflation or Disinflationary Boom?

A capital allocator’s dilemma in a zero-yield world with higher inflation is how to construct a robust, balanced portfolio that can also withstand equity-market sell-offs.

Aron Pataki

Portfolio manager, Newton Investment Management

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

9:35am – 10:20am

Structural Imbalances, Market Inefficiencies and Relative Value

Market inefficiencies can result due to temporary supply and demand imbalances, regulation, information asymmetries, and market psychology, among other reasons. This session explores how to exploit these opportunities in a market-neutral manner.

Gopi Karunakaran

Co-chief investment officer, Ardea Investment Management

Matthew Piselli

Executive director, FORT L.P.

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:20am – 10:45am

Alternative Strategies, Idiosyncratic Risks and Uncorrelated Returns

The role of the alternatives bucket within an asset owner’s portfolio is distinct to its underlying members. In this session, we explore and discuss the role, composition and uniqueness of one investor’s portfolio.  

Brian Payne

Portfolio manager - diversifying strategies, Teachers' Retirement System of Illinois

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:45am – 11:15am

MORNING TEA

11:15am – 11:40am

The Failure of Markowitz: Building a Modular Approach to Risk

The mean-variance framework for portfolio theory is not optimal. How can an investor utilise a broad array of investment options, including high-beta funds, historical alpha generators, hedge strategies and individual stocks to build a portfolio?

Ben Samild

Head of alternatives, Future Fund

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:40am – 12:30pm

Internalisation of Alternatives and Co-Investments, and ESG considerations.

The increasing sophistication of asset owners has led some investors to consider the partial internalisation of their alternatives programs. What are the key considerations around this decision and the great willingness to undertake co-investments?   

Anastassia Juventin

Portfolio manager, hedge funds and alternative strategies, AMP Capital

Laurence Marshbaum

Portfolio manager - alternatives strategies, Sunsuper

Scott Pappas

Head of alternatives and derivatives, Frontier

Chair

Alex Proimos

Head of institutional content, Investment Magazine

12:30pm – 2:00pm

LUNCH

2:00pm – 2:30pm

The DNA of Volatility, Asymmetric Payoffs and the Utility Function

The hose of market liquidity has driven very unusual price movements across the marketplace. Unfortunately, the good intentions of making a safer banking system have left the market brittle and sensitive to elevated levels of volatility. Should long-horizon investment ride out future volatility or employ crisis alpha or tail risk strategies to reduce the drawdowns?   

2:30pm – 3:30pm

Portfolio Construction: Temporal Inefficiencies, Volatility and Capturing Tails

Managing a portfolio during a bull run is easy. The challenge comes in protecting clients during severe market downturns. What does the design and implementation of portfolios that can withstand market surprises look like?

David Elms

Head of diversified alternatives and portfolio manager, Janus Henderson

Vimal Gor

Head of bond, income and defensive strategies, Pendal

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

3:30pm – 4:00pm

AFTERNOON TEA

4:00pm – 5:00pm

Can Alternatives Justify a Seat at the Table? YFYS and Tailored Benchmarks

The Your Future Your Super reforms have created challenges for absolute return funds. This session will cover the impact from the suggested benchmarking to passive indices reforms and the unintended consequences. 

 

David Bell

Executive director, Conexus Institute

Travis Schoenleber

Managing director, head of hedge funds Australia and New Zealand, Cambridge Associates

Courtney Wilder

Head of alternative investment research, JANA

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

5:00pm – 6:00pm

COCKTAILS AND CANAPES

6:00pm – 9:00pm

CONFERENCE DINNER

9:00pm

Close of day 2

Day 1 – Tuesday – September 14

9:00am – 9:05am

Welcome - DIGITAL LIVE STREAM ONLY

9:05am – 9:30am

Revisiting the Appetite and Models for Alternatives and Hedge Funds

Since Q4 2020, hedge funds have experienced a renaissance driven by both supply and demand effects. This session will explore the global trend towards market-neutral multi-asset and multi-strategy approaches with an element of convexity, and compare the multi-manager outsourced and direct models.

Toby Goodworth

Head of risk and diversifying strategies, bfinance

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

9:30am – 10:00am

Managing long duration assets in a new market regime

Rates, regulation and redistribution, are all increasing. Are investors entering a new regime of higher inflation and volatility? What impact does this environment have on valuations, particularly as central banks reduce their influence? What investment style is most conducive to this market regime? 

Atul Lele

Portfolio strategist, Bridgewater Associates

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:00am – 10:30am

Antifragility and the Safe Havens: Risk Mitigation During Financial Storms

What is a safe haven? What role should they play in an investment portfolio? Do we use them only to seek shelter during financial storms? Or are they something more? Contrary to financial theory, can higher returns come from lowering risk?

10:30am – 11:00am

Systematic Returns: Market Narratives, Trend Following and Risk Premia

Returns can be broken into two components: systematic and residual. This session explores the opportunities in the financial markets to capture risk premias beyond the cause and effect explanations and the illusion of a deeper understanding.

11:00am – 11:30am

Crypto and DeFI: Hedging Fiat, an Expression of Identity or Something Else?

Is Bitcoin being adopted by Wall Street the new digital gold or simply another  abstraction? I.e. the creation of a new product to trade and new assets to manage, all through the alchemy of securitization and leverage. Where will the narrative take us?

11:30am

Close of day 1

Day 2 – Wednesday – September 15

9:00am – 9:05am

Welcome - LIVE EVENT | IN-PERSON ONLY

9:05am – 9:35am

The Great Inflation Debate. Stagflation or Disinflationary Boom?

A capital allocator’s dilemma in a zero-yield world with higher inflation is how to construct a robust, balanced portfolio that can also withstand equity-market sell-offs.

Aron Pataki

Portfolio manager, Newton Investment Management

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

9:35am – 10:20am

Structural Imbalances, Market Inefficiencies and Relative Value

Market inefficiencies can result due to temporary supply and demand imbalances, regulation, information asymmetries, and market psychology, among other reasons. This session explores how to exploit these opportunities in a market-neutral manner.

Gopi Karunakaran

Co-chief investment officer, Ardea Investment Management

Matthew Piselli

Executive director, FORT L.P.

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:20am – 10:45am

Alternative Strategies, Idiosyncratic Risks and Uncorrelated Returns

The role of the alternatives bucket within an asset owner’s portfolio is distinct to its underlying members. In this session, we explore and discuss the role, composition and uniqueness of one investor’s portfolio.  

Brian Payne

Portfolio manager - diversifying strategies, Teachers' Retirement System of Illinois

Chair

Alex Proimos

Head of institutional content, Investment Magazine

10:45am – 11:15am

MORNING TEA

11:15am – 11:40am

The Failure of Markowitz: Building a Modular Approach to Risk

The mean-variance framework for portfolio theory is not optimal. How can an investor utilise a broad array of investment options, including high-beta funds, historical alpha generators, hedge strategies and individual stocks to build a portfolio?

Ben Samild

Head of alternatives, Future Fund

Chair

Alex Proimos

Head of institutional content, Investment Magazine

11:40am – 12:30pm

Internalisation of Alternatives and Co-Investments, and ESG considerations.

The increasing sophistication of asset owners has led some investors to consider the partial internalisation of their alternatives programs. What are the key considerations around this decision and the great willingness to undertake co-investments?   

Anastassia Juventin

Portfolio manager, hedge funds and alternative strategies, AMP Capital

Laurence Marshbaum

Portfolio manager - alternatives strategies, Sunsuper

Scott Pappas

Head of alternatives and derivatives, Frontier

Chair

Alex Proimos

Head of institutional content, Investment Magazine

12:30pm – 2:00pm

LUNCH

2:00pm – 2:30pm

The DNA of Volatility, Asymmetric Payoffs and the Utility Function

The hose of market liquidity has driven very unusual price movements across the marketplace. Unfortunately, the good intentions of making a safer banking system have left the market brittle and sensitive to elevated levels of volatility. Should long-horizon investment ride out future volatility or employ crisis alpha or tail risk strategies to reduce the drawdowns?   

2:30pm – 3:30pm

Portfolio Construction: Temporal Inefficiencies, Volatility and Capturing Tails

Managing a portfolio during a bull run is easy. The challenge comes in protecting clients during severe market downturns. What does the design and implementation of portfolios that can withstand market surprises look like?

David Elms

Head of diversified alternatives and portfolio manager, Janus Henderson

Vimal Gor

Head of bond, income and defensive strategies, Pendal

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

3:30pm – 4:00pm

AFTERNOON TEA

4:00pm – 5:00pm

Can Alternatives Justify a Seat at the Table? YFYS and Tailored Benchmarks

The Your Future Your Super reforms have created challenges for absolute return funds. This session will cover the impact from the suggested benchmarking to passive indices reforms and the unintended consequences. 

 

David Bell

Executive director, Conexus Institute

Travis Schoenleber

Managing director, head of hedge funds Australia and New Zealand, Cambridge Associates

Courtney Wilder

Head of alternative investment research, JANA

Chair

Laurence Parker-Brown

Institutional content producer, Conexus Financial

5:00pm – 6:00pm

COCKTAILS AND CANAPES

6:00pm – 9:00pm

CONFERENCE DINNER

9:00pm

Close of day 2