Monday, 22 May 2017

7:30 a.m.–4:00 p.m.

Exhibit Hall Open

7:30–8:15 a.m.

Morning Coffee

7:30–8:15 a.m.

Sponsored Corporate Presentations with Breakfast

Sponsored Corporate Presentations offer a range of best practices, strategies, tools, and tactics for successful investment management and financial analysis from professionals at leading financial services firms.

Plenary Sessions

Plenary Sessions feature industry thought leaders, who provide big picture perspectives, innovative insights, and broad outlooks on current issues of interest to the entire audience.

8:45–9:45 a.m.

Strategic Investment Choices and Considerations in the Current Market Environment

Vice Chair
Allianz Global Investors

  • The year 2017 will be one of political, policy, and economic transition. What is the global outlook for 2017, and what do these transitions mean for investment managers and clients?
  • With a cyclical recovery generally expected of the world economy paired with much uncertainty, weak demographic and productivity trends, and economic imbalances, there will be challenges for investors in the coming year.
  • There are a number of investment strategies and themes that will be key—clients need alpha now more than ever.

James Benoit, CFA, Moderator
CEO, FCMB Bank (U.K.) Limited
Chair, Annual Conference Advisory Group

10:15–11:15 a.m.

Progress Interrupted: The Revolt Against the Status Quo and the Challenge to 20th Century Institutions

Neil Howe
President
Saeculum Research

Michala Marcussen, CFA
Global Head of Economics
Societe Generale Corporate & Investment Banking

Willis Sparks
Director of Global Macro
Eurasia Group

Gillian Tett, Moderator
US Managing Editor
Financial Times

  • The Brexit vote, Trumpism in American politics, and growing separatist sentiments: Why is this happening, and what will be the consequences—constructive changes, or political and economic disarray?
  • How will the effects of demographics and generational cycles play out globally? What trends will dominate global growth? How will the West manage its massive government debt burdens supporting entitlements for rapidly aging populations?
  • Have terrorism, regional conflicts, and geopolitical tensions lead us to untenable positions in the path to globalization?

11:15 a.m.–12:15 p.m

Investment Wisdom from the Masters: Risks and Relative Values in Diversified Global Portfolios

Robert J. Shiller
2013 Nobel Laureate in Economic Sciences
Sterling Professor of Economics, Yale University

Jeremy J. Siegel
Author, Stocks for the Long Run
Russell E. Palmer Professor of Finance, The Wharton School, University of Pennsylvania

Gillian Tett, Moderator
US Managing Editor
Financial Times

  • The strengths and pitfalls of valuation metrics
  • The cyclical, political, and behavioral sources of market and economic uncertainty
  • The outlook for markets, interest rates, and the global economy, and the effects of Trump administration policies on the markets and the global economy

12:15–2:00 p.m.

Networking Lunch

12:45–1:15 p.m.

Book Signing: Robert J. Shiller

2013 Nobel Laureate in Economic Sciences
Sterling Professor of Economics, Yale University

1:00–1:45 p.m.

Sponsored Corporate Presentations with Dessert

Sponsored Corporate Presentations offer a range of best practices, strategies, tools, and tactics for successful investment management and financial analysis from professionals at leading financial services firms.

2:15–3:15 p.m.

Concurrent Practitioner Sessions

Concurrent Practitioner Sessions explore key topics in six tracks (Fixed-Income Management, Alternative Investments, Asset and Risk Allocation, Equity Investments, Private Wealth Management, and Policy and Practice) with analysis and commentary on important market sectors and trends from prominent charterholder practitioners.

2:15–3:15 p.m.

Risks and Opportunities in Farmland Investing

Founder and President
LandFund Partners

  • Why should investors consider farmland, and how are farmland investments different from investments in commercial or residential real estate?
  • What are the primary sources of risk and return for the asset class, and what key factors differentiate investments within the asset class? What impact do macroeconomic factors, such as inflation, have on expected returns?
  • What impact might developments in agricultural practices have on the long-term value of the asset class?

Ron Rimkus, CFA, Moderator
Director, Content
CFA Institute

Alternative Investments Track

2:15–3:15 p.m.

Global Asset Allocations: Investment and Business Themes for 2017 and Beyond – A CIO’s Perspective

Executive Vice President and Chief Investment Officer
Northern Trust

  • How to avoid placing unintentional bets by using a consistent, strategic framework for investing
  • How to approach market corrections, geopolitical risks, home bias, and other consequential investment variables
  • Which strategic investment trends or tactical trading opportunities to emphasize in the current environment

Brian D. Singer, CFA, Moderator
Head of Dynamic Allocation Strategies
William Blair & Company

Asset and Risk Allocation Track

2:15–3:15 p.m.

Alpha, Beta, and Now . . . Gamma

Head of Retirement Research
Morningstar Investment Management LLC

  • Achieving a goal generally requires guidance and advice beyond building great portfolios (i.e., beta) and selecting investments that outperform their peers (i.e., alpha)
  • Certain financial planning strategies can better help investors achieve retirement success
  • Gamma is a new metric to quantify the benefit of goals-based financial planning

Equity Investments Topic Track

2:15–3:15 p.m.

Zero Interest Rates and the Search for Yield

Bo Becker
Professor
Stockholm School of Economics

Kathleen C. Gaffney, CFA
Co-Director of Diversified Fixed Income
Eaton Vance Management

R. David Ranson
President and Director of Research
HCWE & Company

  • How to invest in the new paradigm in fixed-income markets: central bank policy divergence, zero/negative interest rates, and declining liquidity
  • What major risks face the global economy and financial markets
  • Which fixed-income strategies adapt well to a changing environment

Fixed-Income Management Track

2:15–3:15 p.m.

Advising Private Wealth Clients through the Toughest Times of Life

CEO
Corgenius, Inc.

  • Gain practical, proven skills to turn the awkward and mistake-prone time when a client experiences a family member’s death into an opportunity to make more of an impact on your client relationships than your financial savvy ever did
  • Understand the best way to answer the dreaded “bad news” phone call (hint: Don’t say, “I’m so sorry”), the differences between how men and women grieve, and how to deal with irrational financial fears
  • Learn to bring humor into meetings, help clients make wise decisions in the midst of loss, and raise the bar in ways that others can’t because they’ve never been taught

Christopher W. Cannon, CFA, Moderator
Chief Investment Officer
FirsTrust, LLC

Private Wealth Management Topic Track

2:15–3:15 p.m.

How ESG Standards Underpin Investment Analysis

Head of Standards Setting Organization
Sustainability Accounting Standards Board

  • Measuring ESG performance drivers across industries
  • Implementing ESG analysis in valuation and portfolio management
  • Understanding how standards ensure quality outcomes

Policy and Practice Track

3:15–3:45 p.m.

Book Signing: Amy Florian

CEO
Corgenius, Inc.

3:45–4:45 p.m.

Concurrent Practitioner Sessions

Concurrent Practitioner Sessions explore key topics in six tracks (Fixed-Income Management, Alternative Investments, Asset and Risk Allocation, Equity Investments, Private Wealth Management, and Policy and Practice) with analysis and commentary on important market sectors and trends from prominent charterholder practitioners.

3:45–4:45 p.m.

Considering the Alternatives: A Practical Look at Enterprise Risk Analysis and Alternative Investments

Managing Director, Global Risk Solutions Consulting, Americas
BNY Mellon

  • With an increased focus on risk by regulators and other stakeholders, many institutional investors require a more comprehensive understanding of how risk operates across all investments within an entire investment program.
  • Increasing allocations to illiquid or nontransparent alternative investments presents challenges to incorporating these investments into enterprise risk analysis and enabling stress testing and scenario analysis.
  • The benefits, risks, and possible solutions of different approaches to data management shown through case studies

Alternative Investments Track

3:45–4:45 p.m.

Emerging Markets—Optimism Misplaced?

Head of Global Emerging Market, Equities
Aberdeen Asset Management

  • Greater volatility does not necessarily represent increased risk.
  • Sentiment drives short-term moves, and fundamentals drive longer-term gains.
  • Emerging market fundamentals are improving; sentiment will catch up.

George R. Hoguet, CFA, Moderator
Chair, CFA Society Boston Board of Directors
CFA Institute Research Foundation Trustee

Asset and Risk Allocation Track

3:45–4:45 p.m.

Comparing Model-Based Investing to Fundamental Investing in the Fixed Income Market

Managing Director and Chief Investment Officer of Model-Based Fixed Income
BlackRock

  • What the many advantages of a quantitative process are in managing fixed-income portfolios: more systematic alpha capture, better risk control, and minimization of common cognitive errors
  • What the barriers are to using models in fixed income: data availability and quality, asymmetry of returns, lack of breadth, periodic trading, over-the-counter pricing, and liquidity
  • How models and market experts can be combined to produce synergy between the two without compounding the problems of each

Barbara S. Petitt, CFA, Moderator
Head, Journal Publications and Managing Editor, Financial Analysts Journal
CFA Institute

Fixed-Income Management Track

3:45–4:45 p.m.

Meeting Investor Demand for Transparency and Trust: Complying with the CFA Institute Asset Manager Code

Ronald D. Peyton
Chairman and CEO
Callan Associates Inc.

Michael G. Trotsky, CFA
Executive Director and Chief Investment Officer
Massachusetts Pension Reserves Investment Management Board

  • Hear about the investor demand for and the benefits of compliance with the Asset Manager Code from industry experts.
  • Learn how to easily adopt the Asset Manager Code by using the Regulatory Compliance Association (RCA) Asset Manager Code implementation tool.
  • Join the growing number of firms that distinguish themselves from their peers by publicly committing to best ethical practices in asset management.

Policy and Practice Track

3:45–4:45 p.m.

Wealth Management in Practice: Building a Client-Oriented Culture

Blair duQuesnay, CFA
Principal and Chief Investment Officer
ThirtyNorth Investments, LLC

John T. Elmes II, CFA
Executive Managing Director, Business Development & Marketing
Pathstone Federal Street

Isaac Presley, CFA
President and Director of Investments
Cordant Wealth Partners

Lauren Foster, Moderator
Director, Content
CFA Institute

  • Three perspectives on the opportunities and challenges of building a client-oriented wealth management practice
  • Clientele philosophy and how it drives service levels and client communication, including marketing and social media
  • Managing operational tradeoffs with respect to technology, information security, regulatory compliance, staffing, and other management challenges

Private Wealth Management Topic Track