AAA Summit draft agenda

5^th Annual Asset Allocation Australia Summit

7 March 2019, L’Aqua Darling Harbour, Sydney

1. The US-China trade war and the global market outlook

• The impact of the trade war on the global markets
• How Australia is affected by the US-China trade policies
• Achieving effective portfolio diversification and downside protection when volatility is increased
• Implications for global equity and bond markets

Brian Redican, Chief Economist, NSW Treasury Corporation

 

2. Panel discussion: Is recession coming our way?
   • Overview and forecast for the next financial crisis
   • Analysing potential causes for recession and lessons learned from the past
   • Structuring and positioning portfolios in preparation for the hit
   • Are we too concerned about an upcoming crisis?

Brian Redican, Chief Economist, NSW Treasury Corporation

Stephen Anthony, Chief Economist, Australian Industry Super

 

3. Strategically managing foreign currency exposure
   • Outlook for AUD
   • Managing foreign currency exposure and identifying underlying risks
   • Implementing effective foreign currency hedging strategies
   • Using systematic overlay strategies to reduce and monitor forex exposure
   • Choosing the right currency overlay strategy that suits your organisation

NAB

 

4. Panel discussion: Implementing diverse asset allocation approaches
   • Understanding the characteristics and practical applications of different strategies in asset allocation
   • Incorporating innovative approaches with traditional methodologies
   • Achieving return objectives and building balanced portfolios

David O’Sullivan, Chief Investment Officer, BUSSQ

David Bell, Chief Investment Officer, Mine Super

Damian Graham, Chief Investment Officer, First State Super

 

5. Rising interest rates and the changing bond-equity relationship
   • Understanding the impact of Federal tightening and rising bond yield on equity markets
   • Outlook for inflation and the rise of interest rates
   • Insights on how monetary conditions affect decision making
   • Constructing a robust portfolio in an interest-rising environment
   • The changing bond-equity correlation  

Brian Parker, Chief Economist, Sunsuper

 

6. Assessing the threats and opportunities of emerging markets
   • Insights of risks and opportunities in the emerging markets landscape
   • Identifying promising and investable EM equities
   • The macroeconomic fundamentals and the risk in emerging market currencies
   • Strategically managing the exposure of emerging market investments

Craig Thorburn, Director of Emerging Markets, Future Fund

 

7. Panel Discussion: Constructing robust and balanced portfolios
   • Achieving long-term investment objectives to meet the expectations of stakeholders
   • Discovering emerging assets and liquid alternatives
   • Analysing and determining the construction of long or short-term portfolio timeframes
   • Balancing liquid and illiquid assets in portfolios

Brendan Casey, General Manager, Investments, REST Industry Super

Chris West, General Manger, Investments, WA Super

 

8. The role of valuation in asset allocation decisions
   • Valuation of different asset classes in the private market
   • The challenges of high valuation in listed markets
   • How valuations can be affected
   • Analysing valuations and positioning your portfolio

Bill Watson, Chief Executive Officer, First Super

 

9. Measuring the quality of the portfolio – practical ways of implementing a total portfolio approach

1. • Building and implementing an ‘investment scorecard’ to measure the quality of the portfolio
   • How to prioritise and measure the competition for capital across asset classes
   • Understanding trade-offs between objectives and constraints
   • Getting the Board and stakeholders buy-in on moving towards a total portfolio approach
   • Communicating the ‘why’ behind investment decisions beyond the investment team

Chris West, General Manger, Investments, WA Super

 

10. Panel discussion: The increased focus on ESG investing and sustainability
    • Optimising environmental, social, and governance (ESG) factors
    • Overlaying ESG across multiple asset classes holistically
    • Integrating ESG factors in portfolio construction and decision making
    • The impact on long-term portfolios and how ESG will change the way of investment

Mary Fallon, Director, Investment Office, ANU Investment Office

Tim Macready, Chief Investment Officer, Christian Super

Bill Hartnett, Head of Responsible Investment, Local Government Super