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Global Pension Funds & Alternative Investments Summit
 

Global Pension Funds & Alternative Investments Summit

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Global Pension Funds & Alternative Investments Summit in Vienna, Austria.

Global Pension Funds & Alternative Investments Summit in Vienna, Austria.

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    Global Pension Funds & Alternative Investments Summit Global Pension Funds & Alternative Investments Summit Document Transcript

    • GLOBAL PENSION FUNDS & ALTERNATIVE INVESTMENTS UNLOCKING THE FUTURE POTENTIAL BY STAYING CALM THROUGH THE CRISIS November 13th, 14th 2008 InterContinental Wien, Austria WITH CONTRIBUTIONS FROM: JOHN ASHCROFT Independent Consultant Former President of the International Organisation of Pension Supervisors (IOPS) PETR BENES CEO CSOB, Czech Republic IVANKA DANEVA Executive Director Saglasie Ltd, Bulgaria JONATHAN KANTERMAN Managing Director Stillwater Capital Partners, USA BART KUIJPERS Deputy Head of Pensions and Insurance Europe Royal Bank of Scotland, UK The great leveraging that had fuelled returns for so long has ended. Now is the time to SVEN LIDEN discuss the growing importance of the alternatives. Given the current climate, alternative Head of Business Development & Client Services investments are the most suitable solution for pension funds in the long run. The Uniglobal RMF Investment Management, Switzerland Research Global Pension Funds and Alternative Investment Forum will combat the market crisis with new innovations in Pension Fund strategies. Participants will engage in a thought THORSTEN MICHALIK provoking experience in order to share strategies and extract solutions. Head of db x-trackers The conference will critically analyse what drives pension fund choices in today’s Deutsche Bank Exchange Traded Funds, Germany complex economic environment and point out how they can successfully meet their GREGOR PILGRAM investment challenges. CEO Generali, Slovenia BENEFITS OF ATTENDING FELICIA POPOVICI Vice President A review of the latest developments within the pension funds market Raiffeisen Asset Management, Romania Discuss pension funds role in social security together with their PETR ROJICEK investment responsibilities Partner, CIO Developing and executing your pension fund strategies effectively Alpha Associates AG, Switzerland in order to efficiently manage client relations GAVIN SAFFER Examine regulatory and legal environments – Achieve success Global Sales Director through best practice legal approaches Premier Cru Fine Wine Investments Limited, UK Learn from key experts on optimum strategies for high-return investments DR. ROLAND SCHAEFER Member of the Board Examine the challenges – Risk management in the pension fund industry ERGO, Germany Analyse the alternative strategies – The potential in mainstream ELENA SUKHORUKOVA and alternative investment products Executive Director Debating what consumers need from a pension system design NPF “Blagosostoyaniye”, Russia Silver Plus Sponsor Media Partners UNIGLOBAL RESEARCH 2008 tel +420 226 538 100 fax +420 226 538 111 www.uniglobalresearch.eu
    • GLOBAL PENSION FUNDS & ALTERNATIVE INVESTMENTS UNLOCKING THE FUTURE POTENTIAL BY STAYING CALM THROUGH THE CRISIS Day 1 13th November, 2008 VIENNA 08:50 Registration & Morning Coffee 12:00 Pension Plan Financial Risk 09:20 Welcome & Opening Remarks from the Chair • Developing the tools and strategies to manage your risks Day 1 Conference Chair: • Strategies and solutions for removing risks from your balance sheet Petr Benes, CEO, CSOB, Czech Republic • Assessing the best ways of implementing a funding plan OPENING ADDRESS • Gaining a clear understanding of the legal and financial landscape • Analysing risks when using derivatives and structured products 1. MAINTAINING CONFIDENCE IN UNCERTAIN TIMES Bart Kuijpers, Deputy Head of Pensions and Insurance Europe Royal Bank of Scotland, UK 09:30 Panel Discussion: Inspiring Confidence in Pension Funds Dr. Roland Schäfer, Member of the Board, ERGO, Germany • The Investment outlook for 2009 12:40 Networking Lunch • Discovering and explaining asset and liability imbalances • The reasoning behind new types of pension schemes 14:00 Panel Discussion: Innovations in Pension Fund Management • The role of the pension fund industry • Implementing new investment strategies • Discovering the road to a successful pension management • Current practical and theoretical ideas in asset allocation, Moderator: Petr Benes, CEO, CSOB, Czech Republic and risk management Panelist 1: Ivanka Daneva, Executive Director • Advances in human financial resource management Saglasie Ltd, Bulgaria • Management control through performance attribution Panelist 2: Sven Lidén, Head of Client Services & Business Development Moderator: Bart Kuijpers, Deputy Head of Pensions and Insurance RMF Investment Management, Switzerland Europe Royal Bank of Scotland, UK Panelist 1: Jonathan Kanterman, Managing Director 10:10 Pension Funds Transformation in a Changing World Stillwater Capital Partners, USA • Demographical movements and population ageing process Panelist 2: Dr. Roland Schäfer, Member of the Board, ERGO, Germany • The globalisation of economies and modifications of the social community structure 3. EUROPEAN PENSION REFORMS • European pension systems and reforms 14:40 The Need for Pension Reform • Interaction between capital markets & pension funds • Coping with demographic change Elena Sukhorukova, Executive Director, NPF “Blagosostoyaniye” Russia • Examining developments in the pension markets 10:50 Refreshments & Coffee Networking Break • The need for diversification of investments Petr Benes, CEO, CSOB, Czech Republic 2. NEW INVESTMENT CONCEPTS 15:15 Refreshments & Coffee Networking Break 11:20 Alpheta Active Management with Passive Products 15:45 Romanian Pension Market Reform • Exchange Traded Funds – How They Work • Why reforming/Need for reform • Overview about the Global Exchange Traded Funds Market • Pension System Architecture • Performance improvement with Exchange Traded Funds • Pension market in figures: participants, AuM, main players/market • Advantages of Swap based Exchange traded Funds share, etc... • Why ETFs can be cheaper than normal mandates for pension funds • What’s next – Issues still to be decided • Going short without using derivatives Felicia Popovici, Vice President, Raiffeisen Asset Management, Romania Thorsten Michalik, Head of db x-trackers, Deutsche Bank Exchange Traded Funds, Germany 16:20 Pension Reform in Slovenia – Lessons Learned • How does guaranteed return influence returns and sales • Tax advantage as crucial part of the pension reform • Corporate and individual customers behaviour in a non obligatory pension system • Where to go from now on? Gregor Pilgram, CEO, Generali, Slovenia 16:55 Chairman’s Summary & Closing Remarks UNIGLOBAL RESEARCH 2008 tel +420 226 538 100 fax +420 226 538 111 www.uniglobalresearch.eu
    • GLOBAL PENSION FUNDS & ALTERNATIVE INVESTMENTS UNLOCKING THE FUTURE POTENTIAL BY STAYING CALM THROUGH THE CRISIS Day 2 14th November, 2008 VIENNA 08:50 Re-registration & Morning Coffee 5. NEW MARKET OPPORTUNITIES FOR PENSION 09:20 Welcome & Opening Remarks from the Chair FUNDS IN 2009 Day 2 Conference Chair: 11:40 How Defined Contribution Compares Across the World: John Ashcroft, Independent Consultant, Former President of Lessons from Comparing DC Regulation the International Organisation of Pension Supervisors • Scheme design and governance 4. ALTERNATIVE INVESTMENTS • Contribution levels and employee participation • Investment approaches 09:30 Pension Funds Investment in Hedge Funds • The impact of fees • Why are pension funds investing in Hedge funds • The payout phase • Hedge Fund of Funds vs Single Managers John Ashcroft, Independent Consultant, Former President of • The approach to Hedge Fund investments in different pension markets the International Organisation of Pension Supervisors Sven Lidén, Head of Business Development & Client Services 12:15 Wine as a New Opportunity RMF Investment Management, Switzerland • History of wine and the wine investment market 10:05 Investment Opportunities Created from the Credit Crisis • Historical returns Asset Backed Lending (ABL) • Why invest in wine? • Definitions and Various Strategy Types • Strategies in portfolio management • ABL vs. ABS: One letter makes a world of difference • Pitfalls and risks • Are uncorrelated and consistent returns possible? Gavin Saffer, Global Sales Director, Premier Cru Fine Wine • What to look for in ABL managers: Figuring out the good from the bad Investments Limited, UK • Risks of the Strategy 12:50 Panel Discussion: The evolution of the industry Jonathan Kanterman, Managing Director Stillwater Capital Partners, USA • Scale versus specialisation: to what extent will the market polarise? • The influence of mid-sized players 10:40 Private Equity • What will be the impact of the NPSS? • The end of the Private Equity boom? What does the future entail? • The separation of manufacturing and distribution • Turning to Private Equity – The Challenges and opportunities • To what extent will fund managers enter the retail pensions market? Petr Rojicek, Partner, CIO, Alpha Associates AG, Switzerland Moderator: John Ashcroft, Independent Consultant, Former President of the International Organisation of Pension Supervisors 11:15 Refreshments & Coffee Networking Break Panelist 1: Ivanka Daneva, Executive Director, Saglasie Ltd, Bulgaria Panelist 2: Elena Sukhorukova, Executive Director, NPF “Blagosostoyaniye” Russia 13:30 Closing Remarks & End of the Conference 13:40 Strategic Interactive Lunch UNIGLOBAL RESEARCH 2008 tel +420 226 538 100 fax +420 226 538 111 www.uniglobalresearch.eu
    • GLOBAL PENSION FUNDS & ALTERNATIVE INVESTMENTS UNLOCKING THE FUTURE POTENTIAL BY STAYING CALM THROUGH THE CRISIS STRATEGIC INTERACTIVE LUNCH DAY 2, 13:40, MediterraNeo Restaurant In order to bring added value to the conference we plan to arrange an interactive session during the lunch on Day 2. We will invite all of our participants to be actively involved in this session to share international and local experience, and in return take away new ideas and inspirations from industry peers across the globe. What can you expect? The discussion will commence during the ‘Strategic Interactive Lunch’ on Day 2 at 13:40. Each table is assigned with a strategic topic relating to the conference content. Conference participants will select a table based on the topic they would like to discuss, and the questions they would like answered. We strongly recommend that each table nominate a leader who will chair the discussion. TOPICS & RELATED DISCUSSIONS FOR THE STRATEGIC INTERACTIVE LUNCH Table 1. UNDERSTANDING THE ADMINISTRATION OF A PENSION PLAN What important compliance issues exist? How will the market in Russia develop? Table 2. STRATEGIES FOR COPING WITH THE IMPACT OF A CRISIS How will the financial crisis impact on the pension fund market? What strategies need to be in place to successfully manage in 2009? Table 3. PRODUCT INNOVATIONS IN PENSION FUND MANAGEMENT Are complex solutions the answer? What products can be implemented post CEE pension reform? Table 4. INVESTING IN THE ALTERNATIVES How can you maximize the alternatives in pension fund investment? How to avoid risks and uncertainties in following an alternative strategy? Table 5. PENSION REFORM Despite many recent reforms what are the current important developments? Examine the differences in between reforms in Russia and the rest of Europe. UNIGLOBAL RESEARCH 2008 tel +420 226 538 100 fax +420 226 538 111 www.uniglobalresearch.eu