12:00pm - 12:45pm
Welcome lunch
12:45pm - 1:00pm
Welcome to country
1:00pm - 2:15pm
Opening this event, which brings delegates back together in-person, CIOs will share the risks and opportunities they have been exploring and how they are positioning for the portfolio of the future.
This session includes roundtable discussion.
John Pearce
Chief investment officer, UniSuper
2:15pm - 2:35pm
Break
2:35pm - 3:15pm
Adjusting to the performance test is a big issue for investment professionals in the new regulatory regime. This session will hear from APRA.
3:15pm - 4:15pm
How will Your Future, Your Super impact the way that super funds manage member’s money? We work from investment strategy through to implementation and reporting. We consider the degree of constraint created by the test and consider the impact on member outcomes.
This session includes roundtable discussion.
4:15pm - 4:30pm
Bus to Lilianfels
4:45pm - 5:45pm
Bushwalk
6:30pm - 8:30pm
Welcome dinner - Miss Lilian Restaurant
8:30am - 8:45am
Bus to Hydro Majestic
9:00am - 9:15am
Welcome
9:15am - 10:00am
This session will look at the processes, people and governance that marks best practice for very large asset owners, and for Australian investors it discusses the path to getting there.
This session includes roundtable discussion
10:00am - 10:30am
Economies are recovering, inflation is soaring and central banks are struggling to find the right balance of vigilance and patience. The question that all investors are asking is whether inflation will prove to be transient and manageable, or whether the world’s economies and markets will steer off course? This session will discuss the various scenarios and the probability of a reversion to moderation in growth and inflation, with an eventual stabilization of developed market bond yields at low levels, and what that means for investors.
10:30am - 11:00am
What does culture mean and why is it an important driver of long-term investment outcomes? This session will examine the importance of culture to investment performance through insights and experience of creating, shaping and managing teams.
11:00am - 11:30am
Break
11:30am - 12:10pm
As investors make net zero portfolio pledges they are working through strategies to achieve those goals in the short and long term. This session will examine the tools available to assess portfolios on different climate scenarios and what value destruction or uplift they have.
12:10pm - 1:00pm
Australia’s energy environment is rapidly evolving. As renewables move from being an ancillary energy source to a core part of the energy mix, this session will examine if the traditional infrastructure investment tool kit continues to serve its purpose.
1:00pm - 2:00pm
Lunch
A total portfolio approach overcomes the governance, benchmark and inertia drags inherent in strategic asset allocation and can add up to 100 basis points above SAA, according to its proponents. This session examines the benefits of TPA including improved dynamism and why Australia’s asset owners should be embracing it.
This session includes roundtable discussion.
2:45pm - 3:40pm
This session examines some specific examples of how the regulatory regime is impacting investments.
This session includes roundtable discussion.
Randal Jenneke
Head of Australian equities, T Rowe Price
3:40pm - 4:00pm
Break
4:00pm - 4:45pm
In March 2020, when the COVID-19 pandemic was limited to a disruption to the Chinese economy, Warwick McKibbon explored seven different scenarios of how the virus might evolve and using his own modelling technique examined the impacts of different scenarios on macroeconomic outcomes and financial markets. He discusses that model, which is now being used by many central banks around the world, and what the ongoing pandemic means for the global economy.
This session includes roundtable discussion.
4:45pm - 5:30pm
During the COVID-19 pandemic Norman Swan became of the face of the ongoing health crisis and how we all need to adjust to living with COVID.
5:30pm - 5:45pm
Bus to Lilianfels
7:00pm - 10:00pm
Conference dinner - Darley's Restaurant
8:30am - 8:45am
Bus to Hydro Majestic
The Future Fund embarked on an ambitious project instigated during the COVID crisis which includes a reconsideration of investment assumptions and a questioning of key themes as the investment team endeavours to navigate an environment that includes lower for longer, greater geopolitical risk, inflation risk and changing asset class correlations. This session looks at that project including a re-evaluation of the board’s appetite for risk, a review of investment beliefs and the fund’s comparative advantages.
9:40am - 10:25am
This session outlines the key characteristics of the current policy environment and the implications for markets, and examines a flexible but comprehensive framework for portfolio management that can be applied to improve the stability of returns and engineer for outperformance.
Bob Prince
Co-chief investment officer, Bridgewater
10:25am - 10:45am
Break
10:45am - 11:45am
China is a simultaneous threat and an opportunity for investors. This session, with insights from one of the world’s foremost experts on geopolitics, looks at how to navigate a worsening geopolitical situation and what it means for economic growth. Is the current course a steady state, or are big shocks, for the better or for the worse, possible and even likely?
This session includes roundtable discussion.
Stephen Kotkin
John P. Birkelund '52 professor in history and international affairs, Princeton University
11:45am - 12:30pm
This session will look at the intricate details of the merger between Sunsuper and QSuper. It will discuss the philosophical motivations, the various cost savings and investment opportunities of a large entity, and the investment model of the future.
12:30pm - 1:30pm
