Change can be a difficult thing to pinpoint. Often, it is only once a transformation is complete that you realise it has happened.
Through its very intent, investing tries to identify the industries, companies and assets that can ride the wave of change and come out unscathed, or stronger. Economic cycles come and go, sometimes with a bang and sometimes with a whimper, yet there are more persistent forces at play that will have a huge impact on investor returns – both current and future.
How can those working in asset management recognise persistent trends while steering clear of flash-in-the-pan fads?
Change is inevitable, obsolescence is not...
Agenda subject to change
Your personalised boardroom agendas will be provided on the day
Hilary Lopez, Head of Intermediary Distribution, Europe
Tim Harford, economist, journalist and broadcaster
Author of “Fifty Things That Made the Modern Economy”
CIO Influences on Investing
David Forbes-Nixon, Alcentra
Miyuki Kashima, BNY Mellon Japan
Adrian Grey, Insight
Curt Custard, Newton
Managing Editor (US) and Columnist, Financial Times
|11:30||Boardroom Session 1|
|12:05||Boardroom session 2|
|13:45||Boardroom Session 3|
|14:20||Boardroom Session 4|
Toomas Hendrik Ilves
President of Estonia from 2006-2016
|16:00||Drinks and Networking|
The swathe of regulations in the aftermath of the financial crisis has fundamentally changed the way banks operate and consequently expanded investment opportunities. As memories of the crisis fade and US talk of deregulation grows, are there implications for the competitive landscape or are loans still set to grow? Graeme Delaney-Smith manager of the European Direct Lending Strategy presents.
European Direct Lending Strategy
Changing preferences/shifting demographics are having an impact upon all sectors of commercial real estate, says Chris Kelly from the Amherst Commercial Real Estate Lending team.
Commercial Real Estate Lending Strategy
Miyuki Kashima, head of the Japanese equities division, says Japan back on a growth path could be the country which benefits most from things to come, such as IoT, AI, and self-driving vehicles.
Japan All Cap Equity Strategy
Japan Small Cap Equity Focus
Head of Insight's Emerging Market Debt team, Colm McDonagh, says mobile first consumers in emerging markets are experiencing a democratisation of information and lowering of transactional costs; by-passing traditional industries and political establishments as a result.
Emerging Markets Corporate Debt Strategy
Emerging Markets Debt Total Return Strategy
Colin Bennett, in the context of Global Absolute Return, discusses the evolution of the global derivatives market and how it has empowered investors by facilitating new ways to express investment views, while turning the idea of a simple equity/bond portfolios into a historical relic.
Global Absolute Return
Computer learning is having a profound impact across industries, changing business models and the competitive environment, says April LaRusse, not least in credit markets.
Insight Credit Strategies
24 hour news
The constant news cycle has its fans and critics but is it driving a FOMO (fear of missing out) culture that has ultimately transformed the concept of bond liquidity and equity volatility, asks Jason Lejonvarn, in his presentation on high yield beta.
High Yield Beta
The increase in short-term contracts and freelance work as opposed to permanent jobs has distorted inflation but will it last and how will bond markets respond asks Paul Brain, fixed income leader at Newton.
Global Dynamic Bond Strategy
Is the increased prevalence of cryptocurrencies a pinnacle of financial folly or an irreversible revolution? Aron Pataki, portfolio manager in the Newton global real return team discusses.
Global Real Return Strategy
We are at the beginning of huge, exciting disruption to global autos and emerging markets provide a wealth of investible opportunities across the supply chain; from powder (lithium) to power (batteries). Naomi Waistell discusses in the context of the Global Emerging Markets strategy.
Global Emerging Markets
Medical advancements have aided our longevity, while ageing populations are increasing the need for income in retirement. Paul Flood, manager of the Multi-Asset Income strategy addresses the requirement.
Multi Asset Income
Multi-Asset Diversified Return
Climate Change (rebels)
The US may have pulled out of the Paris Accord but some states are adhering to the requirements anyway – acting like sovereign entities and broadening debt markets as a consequence. How can a US Municipal Infrastructure Debt strategy benefit asks Dan Rabasco.
US Municipal Infrastructure Debt
The power to the people movement has swept the globe but nowhere has this been felt more than the US, where America First policies are changing trade. Chuck Cook looks at the impact this has on the US Equity Income strategy.
US Equity Income Strategy
Next Gen Cities
5G rollout in telecoms, new smart grids in utilities and air purification through green technologies: the evolution of metropolitan infrastructure. Jim Lydotes talks about this in the context of Global Infrastructure.
Global Infrastructure Dividend Focus Equity Strategy
Smart technology is transforming manufacturing processes. As innovative technology businesses take on the industrial behemoths, which companies will be the success stories and who will be left behind? Des Armstrong discusses in relation to the Walter Scott Global Leaders strategy.
Having turned his country into one of the most digitally advanced nations in the world, former Estonian president Toomas Ilves continues to be involved in the integration of technology and global economies. His work in Estonia has been seen as an enviable model of digital governance, offering government e-services in voting, banking, healthcare, transportation, and education. Today, he co-chairs the The Global Futures Council on Blockchain Technology, a working group set up by the World Economic Forum focusing on how blockchain technology can be used to improve the security of the Internet.
Tim Harford is an economist, journalist and broadcaster, and senior columnist for the Financial Times. His columns, The Undercover Economist, and Dear Economist, in which FT readers' personal problems are answered tongue-in-cheek with the latest economic theory, are published in the Financial Times. Tim's first book The Undercover Economist has sold one million copies worldwide in almost 30 languages. His book Adapt: Why Success Always Starts with Failure addresses the importance of adaptive, trial-and-error processes in tackling issues, and was nominated Leadership Book of the Year 2011 in the Axion Business Book Awards. His latest book Messy, uses research from neuroscience, psychology and social science, as well as tales of inspiring people doing extraordinary things. He explains that the human qualities we value – creativity, responsiveness, resilience - are integral to the disorder, confusion, and disarray that produce them. Additionally, Tim is the presenter of Radio 4's "More or Less" and the iTunes-topping series "Fifty Things That Made the Modern Economy".
Gillian Tett is Managing Editor (US) and columnist at the Financial Times. In her previous role at the FT, she oversaw global coverage of the financial markets. Her twice-weekly column earned her recognition as Columnist of the Year at the 2014 Press Awards. In 2004, Gillian began building a team at the Financial Times to cover capital markets, correctly anticipating the need to watch an industry growing uncommonly fast. Gillian's current book is The Silo Effect: Why Every Organisation Needs to Disrupt Itself to Survive. She is the author of the New York Times bestseller Fool's Gold, the gripping tale of how a team of Wall Street bankers led by J.P. Morgan's CEO Jamie Dimon created the world of 'shadow banking', and then lost control of their creation. She also wrote Saving the Sun, about Japan's financial collapse in the 1990s, after her time as the Japan bureau chief for the FT during their 'lost decade'. Gillian's next book will be about why every CEO (and investor) needs their 'inner anthropologist' to make informed decisions.