THE ROLE AND EXPECTATIONS FOR ABSOLUTE RETURN

Why have asset owners been disappointed with absolute return strategies? What should the expectations be in terms of drawdowns, achievable Sharpe ratios, and equity risk?

How to deter whether an absolute returns strategy is a meaningful contribution to the portfolio in terms of benchmarking returns and both absolute and relative risk?

Should absolute return strategies be used to complete a portfolio? What strategies are best suited to this objective and how should various strategies, such as directional, market neutral, individual premia and multi-strategy allocations be incorporated?

INTUITION AND MACHINE LEARNING OR ARTIFICIAL INTELLIGENCE

What are the misunderstandings and limitations of the current narrative of artificial intelligence and how to assess what you are being told about its sophistication?

How can machine learning assist the investment decision-making process?

What applications of artificial intelligence or machine learning are asset owners best placed to take advantage of today?

Managing director, FORT Investment Management

On 3 October 1984, Greg was one of first two Australians to climb Mount Everest without oxygen. He would go on to climb K2, Chongtar Kangri and Annapurna II, again without supporting oxygen. In this keynote, Greg give a visual presentation on intuition in mountaineering, perceiving risk as vexatious, preparing for the unknown, the over reliance on safety equipment and the importance of an exit strategy.

In this fireside chat we will hear from the CEOs of First State Super and VicSuper on their proposed merger and their complimentary models in terms of advice and the way they interact with their members.

MACROECONOMIC FACTORS AND RISK PREMIA BASED STRATEGIES

What is the role of behavioural factors in a systematic investment philosophy?

Can macroeconomic fundamentals assist in determining factor exposures and timings?

How does behavioural bias, price momentum and liquidity influence asset allocation?

How has macro investing changed over the last 10 years and how is global macro distinct or aligned to risk premia strategies?

How should investors interpret the expected and empirical distribution of returns and its correlation to long equities? What does portfolio construction look like?

Can alternative data address investor concerns about overcrowding and alpha decay?

Portfolio manager, global macro and FX, Aspect Capital

How does news, narratives and sentiment influence the distribution of markets returns?

What metrics predictive for measures of sentiment, volatility and systemic risk?

How to construct portfolios in markets influenced by market narratives?

REFLEXIVITY: CREATING OPPORTUNITIES IN RISING AND FALLING MARKETS

Is it possible to blend downside risk management with return enhancements?

What investment strategies and financial instruments should be employed to capture expected volatility spikes? Does the cost of carry prohibit these types of strategies for long term investors?

How effective are these strategies in systemically distressed markets?

Vice president, portfolio manager and strategist, Loomis Sayles

CREDIT, LIQUIDITY AND THE UNDERLYING FUNDAMENTALS

How to apply systematic and discretionary investment decision-making to credit?

What is the role of standardised credit and interest rate derivatives in taking an active market exposure? Where does alpha exist in credit and is it scalable?

Has low liquidity in credit markets artificially suppressed the volatility and correlation?

In this case study, we will hear how Sunsuper has evolved its thinking around thematics and recast its opportunity set for deriving absolute return like outcomes.

THE BEST IS YET TO COME THE CASE FOR ABSOLUTE RETURN STRATEGIES IN TODAYS DISTORTED WORLD

In recent years we have seen a proliferation of products with varying approaches but many have failed and disappointed their clients. What is the true objective of these strategies and how should asset owners think of them?

How can a themes-based investment approach help navigate the current backdrop?

Is integrated ESG a tax on performance or an essential tool to improve risk-adjusted returns?

Portfolio manager, real return, Newton Investment Management

Texas ERS is a $28 billion fund which is currently deploying capital away from public markets into alternatives. In this Q&A, we will learn about their investment philosophy, market expectations, structuring their investment team, the role of consultants and the evolution of their portfolio construction. We will also hear how his investment decision making process evaluates alternatives and the strategies he favours in building a more robust portfolio.

THE ROLE AND EXPECTATIONS FOR ABSOLUTE RETURN

Why have asset owners been disappointed with absolute return strategies? What should the expectations be in terms of drawdowns, achievable Sharpe ratios, and equity risk?

How to deter whether an absolute returns strategy is a meaningful contribution to the portfolio in terms of benchmarking returns and both absolute and relative risk?

Should absolute return strategies be used to complete a portfolio? What strategies are best suited to this objective and how should various strategies, such as directional, market neutral, individual premia and multi-strategy allocations be incorporated?

INTUITION AND MACHINE LEARNING OR ARTIFICIAL INTELLIGENCE

What are the misunderstandings and limitations of the current narrative of artificial intelligence and how to assess what you are being told about its sophistication?

How can machine learning assist the investment decision-making process?

What applications of artificial intelligence or machine learning are asset owners best placed to take advantage of today?

Managing director, FORT Investment Management

On 3 October 1984, Greg was one of first two Australians to climb Mount Everest without oxygen. He would go on to climb K2, Chongtar Kangri and Annapurna II, again without supporting oxygen. In this keynote, Greg give a visual presentation on intuition in mountaineering, perceiving risk as vexatious, preparing for the unknown, the over reliance on safety equipment and the importance of an exit strategy.

In this fireside chat we will hear from the CEOs of First State Super and VicSuper on their proposed merger and their complimentary models in terms of advice and the way they interact with their members.

MACROECONOMIC FACTORS AND RISK PREMIA BASED STRATEGIES

What is the role of behavioural factors in a systematic investment philosophy?

Can macroeconomic fundamentals assist in determining factor exposures and timings?

How does behavioural bias, price momentum and liquidity influence asset allocation?

How has macro investing changed over the last 10 years and how is global macro distinct or aligned to risk premia strategies?

How should investors interpret the expected and empirical distribution of returns and its correlation to long equities? What does portfolio construction look like?

Can alternative data address investor concerns about overcrowding and alpha decay?

Portfolio manager, global macro and FX, Aspect Capital

How does news, narratives and sentiment influence the distribution of markets returns?

What metrics predictive for measures of sentiment, volatility and systemic risk?

How to construct portfolios in markets influenced by market narratives?

REFLEXIVITY: CREATING OPPORTUNITIES IN RISING AND FALLING MARKETS

Is it possible to blend downside risk management with return enhancements?

What investment strategies and financial instruments should be employed to capture expected volatility spikes? Does the cost of carry prohibit these types of strategies for long term investors?

How effective are these strategies in systemically distressed markets?

Vice president, portfolio manager and strategist, Loomis Sayles

CREDIT, LIQUIDITY AND THE UNDERLYING FUNDAMENTALS

How to apply systematic and discretionary investment decision-making to credit?

What is the role of standardised credit and interest rate derivatives in taking an active market exposure? Where does alpha exist in credit and is it scalable?

Has low liquidity in credit markets artificially suppressed the volatility and correlation?

In this case study, we will hear how Sunsuper has evolved its thinking around thematics and recast its opportunity set for deriving absolute return like outcomes.

THE BEST IS YET TO COME THE CASE FOR ABSOLUTE RETURN STRATEGIES IN TODAYS DISTORTED WORLD

In recent years we have seen a proliferation of products with varying approaches but many have failed and disappointed their clients. What is the true objective of these strategies and how should asset owners think of them?

How can a themes-based investment approach help navigate the current backdrop?

Is integrated ESG a tax on performance or an essential tool to improve risk-adjusted returns?

Portfolio manager, real return, Newton Investment Management

Texas ERS is a $28 billion fund which is currently deploying capital away from public markets into alternatives. In this Q&A, we will learn about their investment philosophy, market expectations, structuring their investment team, the role of consultants and the evolution of their portfolio construction. We will also hear how his investment decision making process evaluates alternatives and the strategies he favours in building a more robust portfolio.