2020 Agenda

9:00 AM - 9:45 AM | Keynote: “Why Norway’s Largest Pension Fund Divested from the Alberta Oil Sands”

Norway’s largest pension fund, KLP, is pulling out of the Alberta oilsands.  The US$1-trillion wealth fund is selling its shares in the province’s oil and gas companies.  That is in addition to its withdrawal from all coal investments.  By going coal and oilseeds free, it is determined to send a strong message to the urgency of shifting from fossil fuels to renewable energy.  In this fascinating keynote session, hear KLP’s Chief Sustainable Officer discuss what prompted the decision — and how other pension funds can learn from it.

Speaker:                                                                                                                                                                                                                                                     Jeanett Bergan, Head of Responsible Investments, KLP (Oslo, Norway)


9:45 AM - 10:45 AM | Investment Officers’ Roundtable: How do Pension CIOs Tackle the Poison of Uncertainty?

Ruthless policy is rattling markets.  Trump is erratic — ramping up pressure on China, the EU and others.  Brexit has caused great uncertainty.  Climate change — and the horrors it might bring —  is on everyone’s minds.  These uncertainties — and many others — are poison for the economy and risk sentiment alike.  These uncertainties all remain the key drag on global economic uncertainty.  Investors in alternatives, however, can take advantage of these risks --if they have the knowledge and are aware of the risks.  This panel, consisting of CIOs from highly respected institutions, will discuss the strategies and industry sectors they expect will drive their investments in the years to come.
Hear them discuss:

  • Are you considering changes to your plan’s asset allocation?
  • If yes, what is driving that decision?
  • How are you navigating high prices and growing competition to generate superior returns?
  • Highlight your most successful and least successful investment decision
  • Do you use your plan’s funded status to make asset allocation strategies?
  • Discuss how your fund approaches ESG/Sustainability investingWhat is the smartest money buying?
  • How did alternatives help the ROI of your fund?


Speakers:
Michel Malo, Chief Investment  Officer, Provident10
Stephen Thompson, Executive Director, Capital Markets, Department of Treasury Board and Finance, The Government of Alberta                                                
John Denham, Chief Investment Officer', Workplace Safety and Insurance Board of Ontario


10:45 AM - 11:05 AM | Networking Break


11:05 AM - 11:35 AM | Derivatives Strategies as a Diversified Source of Alpha

The use of derivatives in investment strategies can add diversification across several important axes (instruments, asset classes and geographies). Learn how to address common derivatives investing challenges and why vanilla options (though they may appear simple because they are easy to access) might actually be the most complex to manage.  Practical examples illustrate how derivatives strategies can take advantage of structural market anomalies linked to flows to generate all-weather performance.

Speaker
Yann Le Her, Partner and Senior Portfolio Manager, LFIS

 


11:35 AM - 12:20 PM | Taking Advantage of Innovative Non-Correlated and Niche Fund Strategies

  • Defining today’s niche strategies and how niche can become mainstream
  • What role do non-correlated investments play in a well-dressed allocation and risk model?
  • What are the key drivers of return and what are the key risks?
  • Investing early to build relationships.
  • Current strategies and opportunities that exist in the world against which non-correlated investments mitigate or eliminate risk.
  • What alternative classes are well-suited for the current market environment?
  • Investing in art and  litigation financing -- both hot areas of great interest
  • Considering alpha, does investing in private or direct alternatives offer a premium significant enough to warrant the perceived or real risks associated with these investments?

Speakers:                                                                                                                                                                                                                   
Maximilian (Max) Doyle, Country Manager, Canada Augusta
Nancy Hoi Bertrand, Managing Director, Citi Private  Bank

Moderator:                                                                                                                                                                                                                          Brandon Gill New, Senior Porfolio Manager, Capital Markets Group, External Public Investments, OPTrust


12:20 PM - 12:50 PM | To Be Announced


12:50 PM - 2:05 PM | Lunch


2:05 PM - 3:00 PM | Does Sustainable Investing Constrain a Portfolio?

Sustainable investing is very hot right now — but it is often misunderstood.  Many investors think a sustainable agenda limits a portfolio to a narrow piece of the market. Conventional wisdom suggests that creating a sustainable equity portfolio is a restrictive exercise that involves screening out stocks and fishing in a condensed subset of the broader equity market.  But both research and practice shows quite the opposite:  many companies across a wide range of industries and countries are, in fact, aligned with the United Nations Sustainable Development Goals (SDG).  In this session, hear from leading experts about how to get the very best return on investments using sustainable investing — and why it works so well!

Speakers:
Jeanett Bergan, Head of  Responsible Investments, KLP (Oslo, Norway)
Alison Loat Managing Director, Sustainable Investing, Innovation,OPTrust
Sarah Takaki, Senior Director, Responsible Investing, HOOPP

Moderator :
Joy Williams, Climate Change Specialist for Finance and Industry, Mantle


3:00 PM - 4:00 PM | Have Private Credit and Private Markets Reached their Saturation Point?

Investments in private credit and debt have been hot recently — and investors have embraced them with great enthusiasm.  But have they hit the saturation point?  Or are there still great opportunities to be found that deliver high ROI?  From interest rates to trade tariffs, structures to covenants, is the industry still searching for yield without sacrificing deal quality?  With corporate balance sheet leverage and consumer leverage high —  plus high market valuations — is there still capacity in the market?  What is the impact on returns as companies chase weaker deals? 

In this session, the experts will guide you to discover:

  • Investment opportunities across the credit spectrum — BDCs, CLOs, Private Credit Funds, Mezz Funds, Broader Strategies
  • Trends in the credit market 
    •  regulated banks
    • non-regulated arranger
    • direct lenders
    • credit quality
    • supply and demand
  • Macro-outlook on the broader economy:  impact on credit to the credit cycle
  • Risk-adjusted returns for credit vs PE, Mezz, Public Markets
  • Will specialization start to see better risk-adjusted returns than generalist direct lending funds?
  • How can private credit boost investor returns and improve diversification?
Speakers:
Greg Walker, Head of Institutional Sales ETFs, Vanguard Investments Canada Inc.
Tyler Gately, Product Manager, Barings Global Private Finance Group
 
Moderator:
Andrea Kenyon, Portfolio Manager, Private Debt, AIMCo

4:00 PM - 4:15 PM | Networking Break