Infrastructure Investment Australia Summit agenda

L’Aqua, Sydney, Thursday 10 August 2017

8.30	Registration
9.00	Opening remarks from the chair
9.10	Building a better NSW with vital infrastructure across the state
	Exploring government’s plan to promote infrastructure projects Government’s strategies on the rising need to deploy capital to infrastructure Understanding the Infrastructure Investment Programme supported by Australian government Building public-private alignment in infrastructure
	Jim Betts, CEO, Infrastructure NSW
9.40	Searching for investment opportunities and get access to quality infrastructure assets
	Choosing the appropriate infrastructure projects for your portfolio Where to find attractive infrastructure investment opportunities Looking beyond core markets and sectors Providing appropriate returns for the risk being taken
	Frank Kwok, Senior Managing Director, Co-Head of Asia-Pacific, Macquarie Infrastructure and Real Assets (MIRA
10.00	Investment opportunities in renewables
	Understanding the scale of the global renewables opportunity Risk, return and contracting: what does the global‎ renewable market deliver for investors? How does this fit into a balanced infrastructure portfolio? Contrasting the Australian renewables market with the major global renewable energy markets The US renewable market under the new administration – does it matter? Looking ahead – the role of storage and other sources of upside in contracted renewable investments
	Tim Short, Director, Capital Dynamics
10.30	Morning Tea
11.00	Panel discussion: Gaining exposure to infrastructure through direct investment vs. external managers
	Building internal resources and capability to invest directly to infrastructure assets Gaining access to high quality asset managers Using a multi-manager approach Overcoming the challenges of liquidity Discussing the pros and cons of both approaches
	David O’Sullivan, Chief Investment Officer, BUSSQ Jordan Kraiten, Head of Infrastructure, HOSTPLUS Miriam Patterson, Head of Real Assets, Telstra Super
11.40	Panel discussion: Overcoming valuation and pricing issues
	How has the definition of infrastructure changed over time and through market cycles? Analysing the high demands and high pricing of quality infrastructure assets Exploring the expectations of valuations for infrastructure assets The influence of the large amounts of ‘dry powder’ What’s the impact of rising interest rate and rising bond yields on infrastructure? Is aggressive bidding for infrastructure assets leading to “style drift”
	Richard Hedley, Chief Investment Officer, State Super Mark Hector, Portfolio Manager, Infrastructure, First State Super Andrew Robinson, Investment Manager Infrastructure, Sunsuper Tim Short, Director, Capital Dynamics
12.10	Panel discussion: Applying environment, social and governance (ESG) factors in infrastructure for responsible investment
	Legislation and administrative actions impacting energy and the environment $1T infrastructure investment program Regulatory and economic policy, and implications for risk Inflation and infrastructure
	Lianne Buck, Head of Direct Investments and Infrastructure, NSW Treasury Corporation (TCorp) Nicole Bradford, Investment Manager ESG, Cbus
13.00	Lunch
14.00	Panel discussion: Driving value through active asset management
	Driving alpha and minimising risks through active asset management of infrastructure investment Applying value-adding initiatives Developing lean and effective processes for active management Looking into best practice governance
	Richard Hedley, Chief Investment Officer, State Super Will Scott, Investment Manager Infrastructure, Commonwealth Superannuation Corporation Trevor Speis, Director Private Markets Group, The OPSEU Pension Trust (OPTrust) Ian Purdy, Portfolio Manager, Direct Property and Infrastructure, Accident Compensation Corporation
14.50	Private ownership of major infrastructure businesses
	Privatisation (or long term leasing) remains a divisive issue in Australia and around the world even through the benefits of private sector ownership are compelling. The transformation of previously publicly owned infrastructure businesses in Australia has been significant yet the ‘privatisation dividend’ often gets overlooked. This ‘dividend’ will be illustrated by looking at specific privatisation experiences, and will consider how can we better promote private sector ownership and encourage governments to embrace the benefits.
	Cara Elsley, Director, Infrastructure, IFM Investors
15.20	Afternoon Tea
15.50	The impact of Trump presidency on infrastructure investing in the US
	Legislation and administrative actions impacting energy and the environment $1T infrastructure investment program Regulatory and economic policy, and implications for risk Inflation and infrastructure
	Bradford T. Nordholm, Senior Managing Director & Co-Head, Starwood Energy Group
16.10	Panel discussion: Comparing listed and unlisted infrastructure entities
	Driving alpha and minimising risks through active asset management of infrastructure investment Applying value-adding initiatives Developing lean and effective processes for active management Looking into best practice governance
	Graeme Bibby, Chief Investment Officer, Mutual Trust Justin Ginnivan, Director, Infrastructure and Timberlands, Future Fund Sandra Lee, Manager Private Markets, UniSuper
17.00	Closing remarks from the Chair
17.10	Drinks reception