7:30AM-8:15AM Registration and Networking Breakfast
8:15AM-8:35AM Pledge, Invocation, Welcome, and Introductions
Opening: Irving Fire Department Color Guard
Irving Fire Department Pipe and Drums
8:35AM-9:20AM Kick-off Presentation: Looking Back, Moving Forward: A look at the past 10 years, where we are at today, and where we go from here?
The last ten years have presented unique opportunities and challenges to investors. The next decade may be equally challenging and exciting but for different reasons. This presentation will look at the lessons to be learnt from the experience since the financial crisis, set out views on asset class returns over the next ten years and suggest strategies for navigating successfully through the investment environment ahead.
9:20AM-9:40AM Exploring Opportunities in China A-Shares
As a relatively new asset class recently included in the world’s major indices, the China A-Share market offers attractive opportunities for global investors. These include: size, fast growth, high liquidity, low correlation and high inefficiency. It also provides unique and broad exposure to several investible themes in the new economy of China, such as emerging consumer, innovations and structural growth of healthcare spending. China A-Share market is also a fertile ground for active management with a quality growth focus. This session will provide a comprehensive and in-depth discussion on these topics as well as the outlook of the Chinese economy and the potential risks.
9:40AM-10:30AM Private Equity
Has growth in Private Equity affected opportunities in equities? How much of PE should your portfolio include. What are the challenges of allocating to PE today? How to tackle interim performance analysis and follow through to a successful blueprint exit?
10:30AM-10:50AM Rate, Curve & Credit Outlook, and Opportunities in the Current Markets
In today’s low-yield, flat-curve environment, many investors are focused on the inevitability of an end to this record-long expansion, and how best to insulate their portfolios. However, we believe the significance of today’s rate environment is not found in any economic predictions, but rather in implications for investors. These implications include low expected returns and inadequate compensation for interest rate risk, which may not serve as a good diversifier going forward. As such, many investors have recognized the need to re-evaluate their approach to fixed income to ensure it maintains its role as a ballast and equity diversifier. Short duration, credit sensitive strategies can provide a differentiated risk with low volatility and can help preserve fixed income’s intended role in a portfolio.
10:50AM-11:10AM Networking Break
11:10AM-12:00PM Investing Through the Environmental, Social and Corporate Governance (ESG):
12:00PM-12:50PM Breakout Sessions: Breakout Sessions will address issues that are specific to each investor group. This smaller setting is ideal for discussing the issues that are common for all in the group and that many are dealing with. A small sampling of the issues each group is prepared to discuss are as follows:
Being responsible for funding a traditional DB corporate plan while transitioning into a DC plan.
Annuitizing a retirement plan when moving to DC.
12:00PM-12:50PM Breakout Panel #2: Public Pension Plans
Managing Public Pension Plan: Fiduciary Responsibility and Best Practices
As pensions allocate to more complex investments, what are some of the challenges facing board members.
12:00PM-12:50PM Breakout Panel #3: Endowments & Foundations/ Family Offices
Volatility has brought pressure on investment strategies: portfolio structure and innovation. What adjustments do we make? Is Private Equity or Real Assets a good answer to riding out volatility? What is the role of hedge funds in preserve recent gains? Liquidity vs illiquidity, or a mix of the two? Addressing these questions while fulfilling the annual funding objectives.
12:50PM-1:40PM LunchPresentation:How to Beat Yale in Portfolio Management
1:40PM-2:30PM Alternative Assets
What are some of the capital preserving strategies offered: private credit, hedge fund solutions; are these the answer to staving off current volatility?