10:00am - 11:30am

Coach transfers from Sydney Domestic Airport & Sydney CBD

11:30am - 12:30pm

Registration and light lunch

What are the key global economic and civilisational trends keeping investment leaders up at night? This session will open the symposium with a thought-provoking examination of how asset owners are adapting portfolios to a macro environment of greater conflict in geopolitics and more interventionist policy from governments and central banks around the world. It will broadly assess which markets and asset classes the delegation is investing in and the assumptions for economic growth and inflation. It will probe the increasingly influential role of institutional capital in global finance and ask whether the fiduciary duty is consistent with broader social and environmental impact.
INCLUDES TABLE DISCUSSION

Richard Brandweiner

Chair, Impact Investing Australia

Chris Trevillyan

Director of investment strategy, Frontier Advisors

This session will delve deeper into the opportunities and challenges of net zero, looking across asset classes to the case for diverse exposures emanating from a decarbonising economy, especially clean energy infrastructure. It will feature expert insights from a firm operating right at the cutting edge of the energy transition.

2:30pm - 3:00pm

Afternoon tea

This panel session will address the disruption caused by the retreat of major financial institutions from some markets with the advent of responsible lending laws and tightening monetary policy. It will assess where we are in the credit cycle and the potential threat of a market bubble, alongside opportunities in private, esoteric and alternative credit investments.

This session will examine the investible opportunity stemming from artificial intelligence, and associated revolution in productive capacity, across the global economy. It will also address the advancing application of generative AI, machine learning and automation technology on portfolio construction and the investment management industry.
INCLUDES TABLE DISCUSSION

5:05pm - 5:15pm

Bus to Lilianfels

6:30pm - 8:30pm

Welcome drinks | Lilianfels Lounge

8:30am - 8:40am

Bus to Hydro Majestic

8:30am - 9:00am

Arrival refreshments

In this session, Stanford University professor Stephen Kotkin, a world-renowned expert on authoritarian regimes, will outline the key geopolitical risks facing the globe and institutional investors, with a focus on escalating conflict in the Middle East, as well as the US-China trade war.

Digital

Stephen Kotkin

Kleinheinz Senior Fellow, Hoover Institution, Stanford University (United States)

This panel session will examine the investment implications of the thesis put forward in the previous session and the prudency of exposure to China, alongside other emerging markets with a focus on the Asia-Pacific. Does the Chinese equity market look cheap or is the geopolitical risk too high to fathom the buy? What asset classes and geographic markets are creeping into the radar of forward-thinking asset owners? What role does the conflict in the Middle East play?
INCLUDES TABLE DISCUSSION

11:00am - 11:30am

Morning tea

Are bonds truly back? It is one of the key narratives in the market, but do the economic assumptions support the exuberance? This panel session will examine the latest thinking from institutional allocators about traditional fixed income, how it correlates with other asset classes (or not), and what kind of treatment it deserves within a portfolio. We'll explore the correlations with other assets, tackle benchmark inefficiencies, and share strategies for navigating credit pitfalls. Additionally, we'll explore the re-envisioned landscape of fixed income markets, aiming to understand and adapt to these changes whilst considering how to allocate for sustainable long-term growth.

Revisiting the net zero conversation, this panel will examine the developing asset class of natural capital as a distinct and sustainable corner of the real assets and infrastructure market. Is there a serious investible dollar to be made from timber plantations and water reserves? Or are the memories of pre-GFC agribusiness schemes haunting prospective investors?

12:50pm - 1:50pm

Lunch | The Wintergarden

This session will feature case studies from three asset owners sharing how they construct and manage their “fee budgets” and outline which asset classes, strategies or markets they believe warrant active management and which they determine are appropriately served by passive approaches alongside the role of fees in the competitive positioning of funds.
INCLUDES TABLE DISCUSSION

This session with a leading CIO will address the portfolio turmoil and dislocation opportunities emerging from the commercial property downturn. Are further write-downs on their way amid troubled office and retail markets or will this be offset by dry powder opportunities in data centres and a range of emerging ESG sub-sectors?

3:35pm - 3:55pm

Afternoon tea

In this frank-speaking fireside chat, Joe Aston, author of the forthcoming book The Chairman’s Lounge and former AFR gossip columnist, will give his take on how media relations and social purpose gone wrong can destroy immense shareholder value – and the red flags investors should be alert to before a reputation damaging scandal.

5:05pm - 5:15pm

Bus to Lilianfels

6:45pm - 9:45pm

Conference dinner | Darley's restaurant, Lilianfels

8:30am - 8:40am

Bus to Hydro Majestic

8:30am - 9:00am

Arrival refreshments

This session will feature a broad interview with a leader of a respected institutional asset owner ranging across market and economic outlook, portfolio and risk management and the leadership of investment teams, including organisational structure, priorities, recruitment and retention.

A clear commitment to DEI is helping the $480 billion CalPERS support its senior staff to optimise the performance of its existing teams and provides a valuable framework for attracting a diverse range of new talents. This fireside chat explores the importance of DEI at CalPERS and lessons learnt on how to implement DEI measures.

Recent data from the Workplace Gender Equality Agency, released for the first time, found many superannuation funds had a sizeable gender pay gap within their organisation. Experts have suggested a dearth of women within portfolio management and trading teams is a root cause of the discrepancy. This session will discuss strategies and processes to boost diversity, and dissect the portfolio management benefits of neuro- and demographic diversity.
INCLUDES TABLE DISCUSSION

10:50am - 11:20am

Morning tea

As the Australian superannuation industry approaches $4 trillion, funds are increasingly looking to enhance services and product offerings, manage more internally and move operations offshore. The challenge is recognising that this opens funds, and so members, to new and unique risks that have typically been associated with their service providers. This session looks at whether boards and investment committees are fully informed and aware of such shifts into these agency risks with Rob Prugue sharing his views on the challenges facing a sector he has worked in for 35 years as a regulator, fund manager, asset allocator, consultant and business leader.

This session will feature global asset owners discussing the work they have done to establish and optimise team, responsibility and leadership structures to take advantage of opportunities in private markets, especially unlisted infrastructure and real estate. It will delve into best-practice in governance, business strategy and operating model for this dynamic corner of portfolio construction.

As the government and regulators make clear that decumulation must be a top priority for superannuation funds, eyes are turning to CIOs and their teams to ascertain how they can be part of the solution to the retirement challenge. This session will feature new and cutting edge research from The Conexus Institute offering practical guidance on how to best set up investment processes to support members transitioning to pension phase and help your organization meet its obligations under the Retirement Income Covenant.

This final session will give investment leaders a rare opportunity to be part of the policy formulation and consultation process, as The Conexus Institute guides the symposium through a workshop on ideal-state performance testing. With the contentious Your Super Your Super reforms under review, this session will summarise the pros and cons of the regime and, via table discussion, devise a set of superior principles and policies which will help inform the institute’s government relations work.

1:45pm - 2:00pm

Grab and go lunch

2:00pm - 3:30pm

Coach transfers to Sydney Domestic Airport & Sydney CBD