Bristol Programme

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Registration & Welcome Refreshments
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Welcome and Introduction

Tom Ellis, Editor, Professional Adviser

Speaker
Editor
Professional Adviser
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Keynote Address

Multi-asset solutions have evolved dramatically in recent years. The choice is vast and they come in a number of guises, leaving advisers with a number of potential avenues to pursue. As we look ahead, investment returns from the last decade are unlikely to be repeated, so staying on track to meet clients’ goals becomes even more crucial. This session will look at how fees have impacted the space, how a focus on yield can be detrimental to the way in which capital and income work together, and how fund managers are expressing inflation expectations in portfolios.


By the end of the session delegates will be able to:

  • Explain the impact of fees on investment returns and understand that looking at a fund’s capital and income profile is more important than focusing on its yield
  • Describe how fees can be detrimental to returns
  • Explain how a fund’s yield can be illusory and masks its income profile over time
  • Explain how an income investor should think about how capital and income work in tandem
Speaker
Director of Manager Research
Morningstar UK
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HSBC Asset Management

The Active/Passive Sweet Spot

The active versus passive management approach to investing has long been debated. Join the HSBC Asset Management portfolio management team as they explain why this misses a third approach (the “Active/Passive sweet spot”) as well as exploring what it means to be active asset allocators with a focus on low cost passive fulfilment.


By the end of the session delegates will be able to:

  • Describe the spectrum of active and passive investment techniques, and the difference between them
  • Outline the advantages and disadvantages of active asset allocation and active stock selection in dynamic market conditions
  • Demonstrate how an active/passive approach to portfolio management can benefit investors in the current environment
  • Explain how this all comes together in a MPS solution
Speaker
Portfolio Manager, Discretionary Wealth Management
HSBC Asset Management
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Orbis Investments

Revenge of the Makers

One feature of the recent market regime has been the seeking out of companies that don’t have to invest much in physical plant and equipment to produce earnings. They’ve been called virtual companies. Because virtual companies have so captivated investors, it’s become almost religion that you don’t own the opposite—you don’t own “makers”, or companies that have to invest a lot in capital expenditures to maintain their business. We will discuss how we have been able to buy lots of makers, and describe how many of these support the success of the more glamorous companies, at very low prices.


By the end of the session delegates will be able to:

  • Explain why generating returns through broad stock and bond market exposures will be challenging going forward
  • Understand the distinction between a company’s capital intensity and return on capital
  • Explain how hedged equity can produce returns that are uncorrelated to stock or bond markets
Speaker
Investment Counsellor
Orbis Investments
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Q&A with Morningstar, HSBC Asset Management and Orbis Investments

Chaired by Tom Ellis, Editor, Professional Adviser

Speakers
Director of Manager Research
Morningstar UK
Portfolio Manager, Discretionary Wealth Management
HSBC Asset Management
Investment Counsellor
Orbis Investments
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Networking Break
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SimplyBiz

Multi-Asset Model Mistakes

Following on from last year’s 10 Ideas in 10 Minutes, this session looks uses real life case studies to highlight common mistakes made by advisers using multi-asset investments with clients, and more importantly, how advisers can avoid the same problems.

During this session we will also ask which investment approach causes advisers the most problems; multi-asset fund of funds, advisory model portfolios or discretionary model portfolios?

Speaker
Managing Director, Distribution Solutions
Fintel
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Aegon Asset Management

Sustainability and flexibility – key attributes to drive returns

AEGON Asset Management has an award-winning heritage stretching back more than 30 years in both multi asset and responsible investing. Today our innovative sustainable investment solutions build on that heritage to remain at the forefront of market thinking. We will consider how certain key sustainability themes are likely to develop, their impact on markets and how we can incorporate them in portfolios to help deliver better risk-adjusted returns for investors.


By the end of the session delegates will be able to:

  • Identify some of the key sustainability drivers in markets
  • Explain how these can be leveraged to drive investment returns
  • Describe the merits of diversification within portfolios
Speaker
Senior Product Specialist
Aegon Asset Management
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Albemarle Street Partners

Working in Partnership

Albemarle Street Partners is a boutique investment manager and consultancy. We work with a focused number of financial advisory firms to provide investment propositions that deliver for clients and help you build your business. Here we discuss how life could be made that bit easier for advisers who wish to remain independent and how we can help achieve value for money for your clients.


By the end of the session delegates will be able to:

  • Explain how independent firms are thriving in era of consolidation
  • Describe the ways in which an outsourced CIP can support an independent business
  • Outline the asset classes offering the best value for money as an active investor
Speaker
Managing Director
Albemarle Street Partners
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Church House Investments

Inflation, its implications for client portfolios, and how to fight it

It has been so long since we have seen a sustained period of rising inflation that few of us have experienced the full implications and as the current rate exceeds the 2% target rate set by most central banks, we’ll take an historical perspective to try to give pointers to the future. We’ll also look at ways of protecting a portfolio against rising interest rates.


By the end of this session delegates will be able to:

  • Explain inflation, the impact inflation can make on investments and describe solutions for combatting that impact
  • Explain floating rate notes
Speaker
Sales Director
Church House Investments
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Q&A with SimplyBiz, Aegon, Albemarle Street Partners and Church House Investments

Chaired by Tom Ellis, Editor, Professional Adviser

Speakers
Managing Director, Distribution Solutions
Fintel
Senior Product Specialist
Aegon Asset Management
Managing Director
Albemarle Street Partners
Sales Director
Church House Investments
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Lunch and Networking
4 - Bristol Tickets

Bristol -1st March 2022

This item is no longer available

Bristol Venue

Leigh Court

Tuesday 1st March 2022

Leigh Court Business Centre, Pill Rd, Abbots Leigh, Bristol BS8 3RA

There is free parking at Leigh Court.