Investment Week Select - 29th September

14:30 - 17:05 | Live Online

Please find the details for the 29th September event below.

Agenda




1

2 3 4 5 6
A

14:30 - 15:05

M&G Investments
M&G Global High Yield ESG Bond Fund

FULL

Goldman Sachs Asset Management
Goldman Sachs Global Infrastructure Equity Portfolio

FULL

RWC


TM RWC Equity Income Fund                                  


BMO Global Asset Management
BMO Responsible UK Equity Fund                   

FULL

Man GLG


MAN GLG Continental European Growth Fund              

FULL

Sanlam Investments


Sanlam GBP Hybrid Capital Bond Fund and Sanlam GBP Credit Fund


B

15:10 - 15:45

Legal & General Investment Management
The L&G Artificial Intelligence UCITS ETF


Capital Group


Capital Group New Economy Fund (Lux)


Baillie Gifford


Baillie Gifford European Fund


Matthews Asia


Matthews China Fund

FULL

Man GLG


MAN GLG Continental European Growth Fund


Aviva Investors

Aviva Investors UK Listed Equity Income Fund


C 15:50 - 16:25   

M&G Investments
M&G Global High Yield ESG Bond Fund


Goldman Sachs Asset Management

Goldman Sachs Global Infrastructure Equity Portfolio


RWC


TM RWC Equity Income Fund


BMO Global Asset Management
BMO Responsible UK Equity Fund

FULL

PGIM Investments


PGIM Global Real Estate Securities Fund


Sanlam Investments


Sanlam GBP Hybrid Capital Bond Fund and Sanlam GBP Credit Fund


D

16:30 - 17:05

Legal & General Investment Management
The L&G Artificial Intelligence UCITS ETF


Capital Group


Capital Group New Economy Fund (Lux)


Baillie Gifford


Baillie Gifford European Fund


Matthews Asia


Matthews China Fund

FULL

PGIM Investments 


PGIM Global Real Estate Securities Fund


Aviva Investors

Aviva Investors UK Listed Equity Income Fund


Aviva Investors

Stay The Course or Cut and Run?

Running a UK Equity Income Portfolio during a dividend drought.

The economic fallout from COVID-19 is taking a heavy toll on the UK equity income sector. In their efforts to control costs (in some cases, under pressure from the regulators), UK-listed companies have cut or deferred over £30 billion of dividend payment during the pandemic, with little indication that things will return to ‘normal’ anytime soon.

Join our webcast with fund managers Chris Murphy and James Balfour, where they discuss what UK dividend cuts mean for equity income investors; how the situation could evolve from here; and the critical importance of maintaining a disciplined and active long-term investment approach in the face of short-term uncertainty.


Baillie Gifford

Exploiting Asymmetry in Europe

Delivering outperformance over long periods of time in Europe requires a differentiated approach. Understanding the importance of asymmetry in equity returns and the characteristics of companies that are capable of producing huge returns is central to our approach. This is an exciting time for Europe. As well as the more traditional B2B hidden champions, we now have ambitious founders with digital platforms that can scale globally.


BMO Global Asset Management

UK Equity Income - Investing The Responsible Way

The BMO Responsible UK Income Fund has been one of the most consistent performing funds within the IA UK Equity Income sector for well over a decade now. With the search for income remaining as challenging as it has been for some time, the presentation will cover our Responsible investing philosophy and process, the implications for portfolio construction, our team approach and the current shape of the portfolio. It will aim to demonstrate how we have been able to consistently outperform the FTSE All-Share and why we are confident in continuing this in the future.


Capital Group

Capital Group New Economy Fund (Lux) – A New Fund With A 35-Year History

Evolutionary change in business is not new. When the New Economy strategy launched in 1983, companies at the forefront of nascent industries were disrupting the status quo and capturing new opportunities for growth — this change continues today. Technological development and innovation has caused great change across industries over the years. Dramatic changes can come from nowhere, and then from everywhere – but they present significant opportunities for growth investors. By taking a long-term, fundamental view of each company and constructing a diversified portfolio, investors can benefit from exposure to some of the fastest-growing companies in the global economy while avoiding unnecessary risks of over concentration in one single sector or investment theme.


Goldman Sachs Asset Management

Global Listed Infrastructure; Benefiting From Megatrends, Offering Yield, Attractive Valuations and Growth

The market backdrop is challenging especially for conservative, income oriented investors. In this session Nora Creedon, Portfolio Manager for GS Global Infrastructure Equity Portfolio, will share why we believe listed infrastructure is part of the solution. This asset class offers an attractive yield, discounted valuations and, unlike bonds, attractive growth due to “mega trends” driven demand such as de-carbonization, digitization and an aging demographics. Nora will also share how and where she and her team are finding interesting ideas for the portfolio.


Legal & General Investment Management

AI: The Force Revolutionising the World Economy

Artificial intelligence (AI) could be one of the most significant technological developments in history, transforming our lives at home and at work. Major advancements in hardware, as well as massive and growing data sets, are unlocking opportunities to leverage the power of AI in every area of the global economy. We expect the organisations that successfully apply AI’s potential will emerge as clear winners in their spaces—and those who falter will quickly away. The race for AI dominance is creating unprecedented opportunities for investors, but they require expertise in AI’s quickly evolving landscape to discern between hype and reality.


M&G

Why ESG Matters More Than Ever In High Yield

James Tomlins and Lu Yu, Fund Managers of M&G Global High Yield ESG Bond Fund, will provide an update on recent developments in high yield markets and explain why ESG factors matter more than ever in this uncertain environment. James will also take a closer look at the fund’s ESG process, which combines in-depth ESG assessment with traditional credit analysis to help ensure a more comprehensive understanding of the companies we invest in.


MAN GLG

Stronger For Longer

Rory Powe will present on the Man GLG Continental European Growth Fund. Rory will describe the investment philosophy behind the Fund, how it is positioned and the long term outlook. He will explain why the pandemic has underlined the importance of using the strictest criteria when selecting holdings for the portfolio


Matthews Asia

Finding Resilient Growth Opportunities in China

China’s expanding universe has created a myriad of opportunities for investing in areas of the market that used to be inaccessible for investors- including the rapidly expanding consumer and consumer-related sectors such as information technology, communication services, health care, and light industrials.

Andrew will explain how he constructs a high conviction all-cap portfolio that provides exposure to domestic China-listed equities, including China A-shares. He will discuss why the Fund has a significant focus on domestically-oriented companies and how he identifies current and future market leaders at attractive valuations.


PGIM Investments

Property Investment, with Liquidity (What are the Real Estate Opportunities Beyond the Lockdown/Covid?)

The pandemic lockdown’s restrictions on social gathering hit parts of the real estate sector particularly hard and accelerated disruptive trends already in place. The penetration of e-commerce and grocery e-commerce, at the expense of bricks and mortar real estate is accelerating as new adapters are forced to use ecommerce, and many will remain as long term e-commerce participants. Mandated work from home in most parts of the developed world may lead to less demand for office real estate globally as firms realize portions of their business can work remotely without a loss in productivity. While these trends may be a negative for retail and office space, they are a positive for last mile industrial, cold storage, data centers and cell tower REITs. The opportunity for active REIT securities managers remains compelling as volatility, uncertainly and dispersion have created alpha opportunities. As liquid public securities, REITs are particularly attractive in this environment since their prices adjusted quickly while private real estate valuations will more slowly reflect the effects of the lockdown.

In this presentation, we’ll make the case that strong active management can help investors navigate challenges and opportunities in a fast-moving Real Estate sector. While disruption can be difficult, it also provides investment opportunities. We will share our thoughts on growth opportunities in REITs that benefit from e-commerce, cloud computing, and remote school/work.


RWC Partners

What lessons can today’s investors draw from the 1970’s?

Money supply was growing at over 20% p.a., equities were soaring, led by a group of new technology companies that investors thought would grow forever and thus traded at over 40x earnings whilst energy, material and industrial stocks were deeply out of favour. Although this sounds like 2020, the year was 1972 and ten years later, the latter group had crushed the so-called Nifty Fifty as inflation soared. By studying this decade, investors may gain an insight in to the next ten years and question whether being over-exposed to quality growth stocks and under exposed to value is the optimal allocation given their relative valuations.


Sanlam Investments

Hybrid Capital – A Surprise Safe Haven

Central banks continue to deploy highly accommodative monetary policy including low or negative interest rates and large scale asset purchases. In parallel, governments and supranational institutions have increased borrowing and spending, including direct cash transfers, in order to stimulate economic activity.

Despite historically low yields and hugely increased supply, demand for government bonds will continue because the risk based capital / solvency calculations governing pension funds, insurance companies and bank drive the non-economic holding of these assets.

At the same time, many equity income funds have been negatively impacted by companies lowering or eliminating dividend payments altogether plus capital values have been immensely volatile.

Peter Doherty highlights the $ 1 trillion + Hybrid Capital market as surprise safe haven for income investors and shows how market expertise and active management deliver compelling results in an uncertain world. 

Speakers

Fund Manager
Aviva Investors
Head of European Equities
Baillie Gifford
Managing Director
BMO Global Asset Management
Equity Investment Director
Capital Group
Co-portfolio manager
Goldman Sachs Asset Management
CEO - EMEA & Asia, ROBO Global
Legal & General Investment Management
Fund Manager
M&G
Fund Manager
M&G
Fund Manager
Man GLG
Portfolio Manager
Matthews Asia
Managing Director at PGIM Real Estate and Head of the Global Real Estate Securities business
PGIM Investments
European Portfolio Manager at PGIM Real Estate
PGIM Investments
Portfolio Manager
RWC Partners
Portfolio Manager
RWC Partners
Head of Fixed Income
Sanlam Investments