Following on from the enormous success of WealthBriefing’s Investment Strategy Summit we are delighted to announce the 2nd WealthBriefing Investment Strategy Summit, taking place on Thursday 21st April in London.
The WealthBriefing Investment Strategy Summit will provide delegates with the opportunity to attend two specialist panels, including a Q&A session with some of the industry’s top chief investment officers, as well as fund manager presentations ranging from investing in frontier markets to alternative investments.
Panel 1: Investing in a Low Return Environment
Investors have for some time been warned that they face years of low, single-digit returns, forcing them to move into riskier assets to achieve their goals. How can wealth managers handle expectations and protect assets in such an environment? How can such asset allocation and money management be handled efficiently and for the lowest possible cost?
The toolkit available for professional investors, thanks to developments in areas such as index funds, has never been wider but negotiating the terrain remains challenging.
- The panel will address topics including the following:
How to manage and if necessary change client expectations in a low-return setting
- What sort of options are available for investors who are concerned about risk
- The importance of taking a complete balance sheet approach to a client – understanding the liabilities as well as the assets
- Why it is important to obtain the clearest possible understanding of a client’s time horizon when setting investment goals
- The critical importance of asset allocation and how to achieve this as efficiently as possible by low-cost structures
- Achieving best practice in client reporting over portfolio performance and risk
- Ensuring investment suitability is attained when there is high pressure to maximise returns.
Panel 2: Emerging and frontier markets – the risks are worth taking for those with the right approach.
With emerging markets, and the Asia region, feeling the pinch from a decelerating Chinese economy, how should investors consider the opportunities still available in Vietnam? What sort of diversification benefits does investing in the country provide and what are the main challenges that investors should consider?
The panel will discuss:
- A macro-economic overview on Asian emerging markets: performance, volatility, and their place within a balanced portfolio
- Due diligence, risk and pre-requisites for investing
- Vietnam case study: examples from the front line
- Investment opportunities in unique growth markets
Panel 3: Taking the Macro View: Investment trends, challenges – and election risks
For investment managers wondering how best to position their portfolios, there are plenty of “known risks” to consider in coming months, with two events in particular – the UK vote on possible exit from the European Union on 23 June and the US Presidential elections on 8 November. In considering market scenarios and the most sensible posture to take, should such events be taken into account? How can managers capture the potential benefits of mispriced assets in such an environment? This panel will feature investment professionals with a strong “macro” approach to the field.
The panel will address the following areas:
- The sort of asset allocation philosophy makes the most sense in the current environment.
- How much danger is there of missing out on opportunities because of a current air of pessimism and worry about geopolitical trends.
- In what ways wealth managers should position for either a “Brexit” vote or a decision by UK voters to remain in the EU. A discussion of what Brexit could do to the eurozone and wider global economy.
- China – how should the macro view of investment should be informed by China.
- Looking at the kind of “trigger points” worth considering in knowing as and when to enter a new investment or exit an old one. A discussion of what early indicators to monitor.
- Central banks’ monetary tools aren’t as effective as they used to be, it seems – should macro managers pay less heed to central banks anyway?
Date and Time
Date: Thursday 21st April - 2016
Time: 8:15 am – 2:00 pm
ETC Venue - Monument
Address: 8 Eastcheap, London EC3M 1AE
Managing Partner & Co-Chief Investment Officer
Ian joined the firm in 1996. He began his career at Royal Insurance as an Asian equity fund manager. Ian became Head of the Asia ex Japan desk in 1997, Co-Chief Investment Officer in April 2009 and Managing Partner in 2011.
ClearView Financial Media
Tom Burroughes is group editor of ClearView Financial Media, publisher of WealthBriefing, WealthBriefingAsia and Family Wealth Report. Tom has worked at ClearView since 2008, reporting on news stories, interviewing industry leaders, writing features and comment pieces, and has spoken at conferences in London, Guernsey and Vienna, among other locations. He has discussed the industry’s issues on Reuters television and the BBC. Previously, Tom was wealth management editor of The Business, the weekly UK magazine run by the Telegraph Group, from 2007 to 2008. Before that, he was a correspondent in various roles at Reuters, the global newswire. Between 1994 and 2000, he was a reporter for Market News International, a New York-headquartered newswire.
Kleinwort Benson Investors
Eoin joined the firm in 1988 and has responsibility for economic research, investment strategy and ESG policy. He graduated from University College Dublin with a BA (Hons) in Economics. He was a board member of Ireland’s Electricity Supply Board (ESB) from 2001 - 2011 and was a member of the Irish Commission on Taxation 2008 - 2009. Eoin is a member of the US National Association of Business Economists and the CFA Institute, and is an Honorary Fellow of the Sales Institute of Ireland. He is a frequent contributor to Irish and international media on macroeconomic and investment issues.
Head of European Portfolio Management
Marc Giesbrecht joined Lombard Odier London in 2014 to lead its UK discretionary management business. In 2015 Marc took on the role of Head of Portfolio Management Europe and sits on the management committee for the bank’s investment business.
Before joining Lombard Odier, Marc worked at Goldman Sachs, where he was an executive director in a client portfolio solutions team. His previous experience includes investment management roles at HSBC and ING.
Marc holds a MSc in Management (City University, London); a Diplôme Grande Ecole (ESCP-EAP, Paris); and a Diplomkaufmann diploma (ESCP Europäische Wirtschaftshochschule, Berlin).
ClearView Financial Media
Stephen Harris is chief executive of ClearView Financial Media, publisher of global wealth management news sites WealthBriefing, Family Wealth Report and WealthBriefingAsia; as well as compliance, tax and remuneration-centred Compliance Matters, Offshore Red and Executive Compensation Briefing respectively. He has 25 years’ financial publishing experience, 17 years of which have been running growth companies.
He has written extensively on global wealth management issues and leads ClearView’s global events team. As well as training as an accountant, Stephen has worked as a hedge fund manager and as a private banking headhunter.
Taking his wealth management knowledge from behind his publications, Stephen is often at the centre of a variety of thought-leadership events in the industry. He has spoken on a number of panels and webinars as an expert in the field, as well as commentating on television, and leading internal staff training programmes.
Not only has he chaired panels at numerous conferences organised by ClearView in the UK, US and Asia; Stephen has chaired filmed round-tables for firms, such as BNP Paribas and Appway.
Founding Partner and CIO
Eclectica Asset Management
Hugh is the principal portfolio manager of Eclectica Asset Management and leads both the investment thinking and research teams. He has over 20 years’ investment experience with Baillie Gifford, Credit Suisse Asset Management and Odey Asset Management. Hugh graduated in 1990 with a joint honours BA in accounting and economics from the University of Strathclyde and has regularly published research papers for practitioner and industry journals.
Chelverton Asset Management
David is an acclaimed fund manager, specialising in small and mid-cap quoted investment and SME unquoted investment. He has 30 years’ experience in corporate finance assignments, identifying, structuring and managing investments as well as purchasing and managing private equity, specialist listed and AIM portfolios.
He qualified as a chartered accountant in 1985 and has held senior positions in Touche Ross & Co, 3i Corporate Finance and Strand Partners Limited, with numerous public and private company directorships.
In October 1997, David set up Chelverton Asset Management Limited to provide the investment management for the investment trust now known as Chelverton Growth Trust PLC, and was responsible for launching, in May 1999, Small Companies Dividend Trust PLC; both funds he still manages. He has co-managed PFS Chelverton UK Equity Income Fund since its launch, the success of which consistently earns him a Citywire AAA fund manager rating.
Equity Fund Manager
London & Capital
Roger is responsible for the portfolio construction and stock selections for London and Capital Equity Solutions and Equity Funds.
Roger has 15 years equity fund management experience co-managing pan-European equity portfolios and allocating assets on both a European and global basis. In addition Roger has experience across a wide-range of areas including pensions, insurance, retail, income and ethical funds. As well as analytical experience in sectors from utilities, chemicals and engineering to aerospace, leisure and transport.
Roger also has BAcc Honours degree in Accountancy from the University of Stirling and a Masters (with Distinction) in Investment Analysis.
Margie Lindsay began her journalistic career at the Financial Times writing about business, finance and economic issues primarily concerning the still then communist countries of Eastern Europe, following the region through the transition into democracy. After leaving the FT, she developed and edited a magazine for the European Union designed to prepare the first wave of candidate countries from Eastern Europe for membership.
Margie became editor of Hedge Funds Review in 2008, just before the Lehman crisis, and was made executive editor in October 2013.
In February 2015 she launched Alpha Journal, a digital publication with a global focus on alternative investment funds.
Margie is the author of several books on a range of financial and business subjects. She has experience working in television filming/producing news reports and features.
Senior Investment Manager
Aberdeen Asset Management
Andrew has been investing in emerging and frontier markets for fifteen years. The majority of his career was spent at Advance Emerging Capital, where he latterly held the role of Co-Chief Investment Officer. Advance Emerging Capital was acquired by Aberdeen Asset Managers Ltd in December 2015. Andrew is one of a team of 4 investment professionals within Aberdeen’s Emerging Opportunities Team that is responsible for the management of a number of portfolios invested in global emerging, Asian and frontier markets. These include two London Stock Exchange listed closed end funds (Advance Developing Markets Fund and Advance Frontier Markets Fund). Andrew graduated from the University of Exeter in 1999, is a holder of the Investment Management Certificate and a qualified technical analyst.
Managing Director and Global Head of Equity Research
As Managing Director & Global Head of Equity Research, Dimitris and his team are responsible for all research efforts to enhance existing MSCI indexes and to develop new index methodologies. The team is also responsible for conducting research, publishing articles, and giving client and conference presentations to promote the use of MSCI indexes in the institutional investment process.
Prior to joining MSCI in 2006, Dimitris worked at HSBC Asset Management where he was Head of Research and Head of Quantitative Strategies, leading a team of analysts and fund managers that provided analytical research to the global asset management business and managed several quantitative equity portfolios. At HSBC, he was also a member of the Global Investment Strategy Group, a committee of CIOs and other senior investment professionals responsible for setting investment strategy and asset allocation policy for all balanced and multi-asset class portfolios managed by HSBC Asset Management.
Dimitris is a Chartered Financial Analyst (CFA) and holds an MSc in Electrical Engineering, an MBA in Finance, and a PhD in Financial Mathematics from the London School of Economics.
Wentworth Hall Consultancy
Ian Morley is a successful business angel and entrepreneur.
He is the author of Morley's Laws of Business and Fund Management and one of the leading global figures and pioneers in the development of the hedge fund industry. He ran one of Europe’s first and oldest fund of funds and subsequently helped build one of Europe’s largest privately owned fund of funds. He has helped build manage, own, buy, sell and mentor start-up businesses over the past 20 years.
Ian founded and was elected the first chairman of what is today known as The Alternative Investment Management Association (AIMA), the world’s only truly global trade association for the hedge fund industry. He has advised central banks, international regulators and other international organisations, such as the EU and OECD on matters related to economics, markets and regulation.
Head of UK Investment Office
UBS Wealth Management
Bill O’Neill leads the UBS Investment Office in the UK. In this capacity, he both provides UK specific macroeconomic and investment content to the UBS Global Chief Investment Office, and also represents the CIO office in the UK, articulating the UBS House View for our client advisors and our clients. Bill has spent over 30 years in investment management and research roles on both the buy and sell-side.
Prior to joining UBS, Bill was Chief Investment Officer, EMEA at Merrill Lynch Global Wealth and Investment Management. He has held a number of investment strategy and asset allocation roles in the past, including Head Investment Strategy & Asset Allocation, Barclays Wealth and Asset Allocation Strategist, JPMorgan Asset Management.
Director, Portfolio Manager
Nicholas Paris is the managing director of this subsidiary of LIM Advisors, a Hong Kong-based Asian-focused multi-strategy hedge fund. In his role as portfolio manager, Nicholas is responsible for making value investments in closed-end funds which are invested into Asian assets, such as quoted and private equities, infrastructure and property.
Nicholas has been in the fund management sphere since 1986, starting his career at Rothschild Asset Management. After holding a number of roles as an institutional stockbroker for closed-end exchange listed country funds, he moved into specialist investment advice, sales and funds consultancy. Prior to joining LIM Advisors in 2013, he was managing partner and founder of hedge fund advisory firm Purbeck Advisors, which focused on both single hedge funds and fund of hedge funds invested in Asia.
Dominic’s 30 years of investing have ranged from London to Hong Kong, but have been concentrated in Vietnam. He studied at Hanoi General University for two years before founding Dragon Capital in 1994. Dragon Capital is active in investment management, capital markets, and microfinance, and runs capital in the region of $1.5 billion. A Vietnamese speaker, he is an active advocate of financial market development and governance, and is a director of various Vietnamese public companies. He was appointed OBE by the British Queen in 2006, and awarded the Labour Medal by the Vietnamese President in 2014. His external interests range from Vietnamese art, propaganda, and philately, for which he was made an Honorary Member of the Vietnamese Heritage Association.
Dr Peter Westaway
Chief Economist Europe
Dr Peter Westaway is Vanguard’s Chief European Economist, and was previously Chief European Economist for Nomura International and senior research adviser for the Bank of England. He holds a PhD in Economics and an M Phil in Control Engineering & Operations Research from the University of Cambridge and a BSc in Mathematics and Economics