Harrogate Programme
- To understand the 5 most common arguments for including a UK bias within Multi Asset portfolios
- To recognise the primary differentiators between the UK and Global markets and the effect on return profiles
- To understand the optimal way of constructing a global asset allocation within a Multi Asset portfolio
- Describe the typical characteristics of clients whose risk composure has recently changed
- Explain potential investment journeys to achieve a de-risked return
- Identify a diversified multi-asset solution to help counter investment risk pressures
This Could Take a While
The 'everything bubble' of 2021 has started to deflate, and valuations have started to turn towards sanity. But only started. It usually takes a long time and a lot of pain for bubbles to deflate and valuations to return to less exuberant levels. Given the extreme starting point, it would be strange indeed if a single year completely unwound the biggest bubble in living memory. To see where we’re going next, it helps to understand where we are now. In this presentation we will put current markets and the 2022 declines in context, comparing them to past periods and placing them in a framework of how market cycles work. Looking at current markets through that lens reveals continued risks for broad asset classes, but exceptional opportunities for active investors.
Learning Objectives By the end of the session, delegates will be able to:
- Identify the typical length of market declines following bubbles
- Articulate how financial markets affect real-world inflation
- Explain how bubbles affect broad assets vs valuations within asset classes
- List major areas of risk and opportunity in current markets
A once in a decade opportunity for your clients?
After years of investments trading at all time high valuations, the forecast recession looks set to flip the investment market on its head and present a golden opportunity for patient, contrarian multi asset investors. Whilst a recession can be uncomfortable for some investors, there are ways you can prepare an investment portfolio to withstand a recession. We will start by overviewing the truths about recessions, what to expect from 2023 and how to prepare an investment portfolio to withstand a recession, including which areas to avoid and where to uncover opportunities.
Learning Objectives By the end of the session, delegates will be able to:
- Learn the investment market expectations for 2023
- Explain what the implications of a recession can be on creating long term wealth for your clients
- Consider how to position a multi asset portfolio to withstand the effects of a recession.
Long-Term Multi Asset Investing - unlocking asset allocation opportunities
Given the performance of most multi-asset solutions in 2022 was mixed at best, should advisers revisit how they are managed? Is it clear how a particular multi-asset solution adds value for the adviser and the client? Is this through strategic or tactical asset allocation? Is the solution managed predominantly by looking at historical and benchmark driven precedents? Are long term asset allocation decisions taken into consideration and are these more about how the world looks today or how it looks in the future?M&G Wealth’s session will touch on these areas and highlight the different approach it takes to multi-asset investing.
Learning Objectives By the end of the session, delegates will be able to:
- Describe how M&G Treasury & Investment Office provides a different choice within multi-asset
- Be able to differentiate what factors drive long term asset allocation decisions for T&IO
- Explain the choice of multi-asset solutions available through M&G Wealth