Cardiff Programme
The death of bonds has been greatly exaggerated
Last year was a vivid reminder that the distortions created by extreme monetary policy were destined to have consequences for financial markets and the wider economy.
Not since the 1970’s have we witnessed such supply chain issues caused by the pandemic, and an energy crisis related to the war in Ukraine. The monetary policy response was overwhelming to stimulate demand and this has resulted in inflation rates not seen in decades, with significant knock on effects for risk assets.
However with inflation rates fading globally are we back to business as usual and can we assume that the road ahead is clear? We will explore how far along the road to normality we have travelled and the possible paths we can follow as we move into 2024.
- Explain how unnecessary complexity can hurt your clients and your business
- Identify and eradicate investment activity and products that could damage clients’ outcomes
- Describe how a central investment proposition should look and act so that it meets your consumer duties
The Atlantic House Balanced Return Fund
Exploring the diversified multi-asset portfolio that uses a broader toolkit to offer investors greater resilience and predictability throughout the economic cycle.
By the end of the session, delegates will be able to:
- Identify the challenges of multi-asset investing in this inflation and interest rates environment
- Describe how a multi-asset fund that provides investors with exposure to characteristics of equity and bonds can be a useful tool in a multi-asset portfolio
- Describe how a systematic approach to duration management and exposure to inflation can improve diversification from fixed income across multiple inflation environments for investors
chaired by Hope William-Smith
- Describe the differences between risk rated a risk targeted solutions and what this means for client investments
- Explain the role of cash for the long term investor
- Summarise the market cycle and why risk management is key to navigating market volatility
The return of Natural Income – designing retirement solutions for a post QE world
For most of the post-Pension Freedoms era, suppressed annuity rates and investment yields have forced investors in decumulation to rely on regular capital drawdowns to meet income requirements. Additionally, the unprecedented interest rate rises over the past 18 months has inflicted significant mark to market capital losses for investors in gilts and other interest rate sensitive assets. David Appleton, co-manager of the SVS Cornelian Risk Manged Fund Range, will explore the winners and losers from the transition to a higher interest rate environment and discuss the opportunities available to improve investment solutions to meet the financial goals of clients in retirement.
By the end of the session, delegates will be able to:
- Explain the impact of the shift to higher interest rates on a range of financial assets.
- Identify the prospects for a range of income-producing asset classes including cash/money markets, fixed income, infrastructure, and real estate.
- Describe the crucial role investments natural income play in the design of retirement solutions to ensure clients can meet their financial goals.
Nightmares of a portfolio manager
Managing client portfolios can be a stressful undertaking, especially when market uncertainty is in the air and investors need to make their money work harder. In this presentation Ben Gutteridge, Portfolio Manager - Multi-Asset Strategies, will discuss what keeps him awake at night, covering off the key concerns that many managers face such as operational challenges, scaling a service and, of most concern to clients, investment disappointment. On that basis, the audience can expect commentary on how inflationary, recessionary and geopolitical concerns might impact investment performance going forward.
By the end of this session, delegates will be able to:
- Identify the key risks that continue to plague markets
- Describe the operational challenges of model portfolio management
- Summarise different methods to service a breadth of investment propositions
chaired by Hope William-Smith
Cardiff Venue
The Vale
Tuesday 19th September 2023
Hensol Rd, Hensol, Pontyclun CF72 8JY