2016 Schedule

Monday, 7 November

07:00-07:45
Registration & Networking Breakfast

07:45-07:50
Chair’s Opening Comments

Jacco Heemskerk, CFA
President
CFA Society Netherlands

07:50-08:00
Welcome Address
Frederic P. Lebel, CFA
Chair
CFA Institute Board of Governors

08:00-08:45
Brexit Panel Discussion

Moderator: Liam Halligan
Editor-at-Large
bne-Intellinews and Telegraph

Boris Bernstein, CFA
Director
Deutsche Invest Equity Partners, goetzpartners

Kate Lander, CFA
Chief Learning Officer
FitchLearning

Pieter van Putten, CFA
Director
Cassia Capital BV

08:45-09:00
Transition Break

09:00-09:45
Opening Address: Capital Markets in the EU─Challenges and Issues
Steven Maijoor
Chair
European Securities and Markets Authority

Moderator: Josina Kamerling
Head of Regulatory Outreach, EMEA
CFA Institute

  • How can the Capital Markets Union project develop in the face of Brexit, one of the toughest challenges that the EU has faced?
  • Monitoring leverage and liquidity risk issues in the asset management sector, along with potential changes driven by shadow banking and fintech
  • Transparency in EU bond markets: What are the main implementation issues?
  • Upcoming MiFID II deadlines, and the challenges remaining for stakeholders and regulators working to meet them

09:45-10:45
Keynote Address: Redesigning Economics to Redesign the World
Professor Muhammad Yunus
Nobel Peace Laureate 2006 and Founder
Grameen Bank

10:45-11:15
Networking Refreshments

11:15-12:15
Wealth Management: Spending Rules Designed for Lifetime Security and Enjoyment
Barton Waring
Former Chief Investment Officer
Barclays Global Investors

  • Use annuity payout rates as spending guide each period—a “virtual” annuity
  • Portfolio risk and return relates to spending risk and return
  • Unlike common “percentage of assets” spending rules, prevents the possibility of ruin

12:15-13:30
Networking Lunch

13:30-14:30
The Case for Liquid Alternative Investments
Nelson J. Lacey, CFA
Director of Examinations
CAIA Association

Moderator: David Gonzalvo, CFA
Chief Investment Officer
TRIPLE A Investment Advisors

  • The evolution of liquid alternatives as an asset class
  • The performance of liquid alternatives
  • Future challenges to the development and delivery of liquid alternatives

Alternative Approach Track

13:30-14:30

Setting a Strategic Investment Policy: Best Practices for Board Members
Mark-Jan Boes
Head of Investment Strategy and Research
ABN AMRO Pension Fund

Moderator: Christian Nana, CFA
Senior Advisor
AIIM – Africa Infrastructure Investment Managers

  • A board of trustees’ alternative approach to decision-making within a pension fund
  • The strategic investment policy as a tool to achieve long-term goals
  • Translating asset/liability management into an understandable process

Long-Term Approach Track

13:30-14:30
Reverse Stress Testing for Risk Awareness and Hedging
Barry Schachter
Partner and Chief Risk Officer
Light Sky Macro LP

Moderator: Rani Piputri, CFA
Senior Portfolio Manager
Saemor Capital

  • Why reverse stress testing is information additive
  • Identifying scenarios that exploit the tradeoff between likelihood and severity
  • Risk reduction using reverse stress testing

Technical Approach Track

14:30-14:45
Transition Break

14:45-15:45
Personal Development: Practical Strategies for Achieving and Sustaining Peak Performance
Steve Ward
Performance Coach to Traders, Fund Managers and Markets Frontline Performers

Moderator: Anne-Katrin Scherer, CFA
Presidents Council Representative, EMEA West
CFA Institute

  • Stress and pressure: Practical tools for developing resilience
  • Feeling well, performing well: The physiological platform, and why well-being matters
  • Enhancing mental and emotional capacity: The latest neuroscience research on emotions and performance

Alternative Approach Track

14:45-15:45
Why Robo-Advisors Will Save the Investment Industry
Randy Cass, CFA
Founder and CEO
Nest Wealth

Moderator: Josina Kamerling
Head of Regulatory Outreach, EMEA
CFA Institute

  • The reality of robo-advisors and what they really do
  • 3 things you need to know about how the financial industry thinks about technology
  • Resistance is futile, but the future is different than you think

Technical Approach Track

14:45-15:45
Megatrends and Long-Term Alpha
Léa Dunand-Chatellet
Head of Equities
Mirova

Moderator: Matteo Lombardo, CFA
Portfolio Manager
K Capital Group

  • Identifying companies that successfully address the challenges of socio-demographic, socio-economic, and technological megatrends
  • Using Environmental, Social and Governance (ESG) analysis to define investment opportunities
  • Combining traditional financial analysis with ESG measures to identify sources of sustainable, long-term returns

Long-Term Approach Track

15:45-16:15
Networking Refreshments

16:15-17:15

Final Keynote: The Future of the Investment Profession (via live link)
Virginie Maisonneuve, CFA
Founder and Managing Director
Maisonneuve Global Advisors

  • Challenges and opportunities that investment professionals must meet in the coming decades
  • Ongoing shifts in client demand, market environments, and industry dynamics
  • Developing a framework where investors and asset managers can apply innovation, agility, ethics, and resilience

17:45-19:00
Departures and Canal Boat Tour

19:00-22:00
Evening Social Event
Fifteen Restaurant
Jollemanhof 9
1019 GW Amsterdam

 

Friday, 27 November

07:45-08:55
Registration & Networking Breakfast

08:55-09:00
Chair’s Opening Comments
Jacco Heemskerk, CFA
President
CFA Society Netherlands

09:00-09:45
Opening Keynote: Do Good, Diversify Risks, and Make Money by Revisiting Finance
Sony Kapoor
Managing Director
Re-Define

  • Addressing secular stagnation concerns through financial sector reforms and better allocation of capital
  • Changing focus to combat inflated asset prices and identify the developing world’s economic opportunities and diversification potential
  • Gaining a better understanding of non-OECD countries and an increased capacity for financial intermediation to boost the global economy

09:45-10:15
Networking Refreshments

10:15-11:15

Leveraging Fund Flows and Positioning Data in the Investment Process
Adam Longenecker
Director of Quantitative Research
EPFR Global

Moderator: Rani Piputri, CFA
Senior Portfolio Manager
Saemor Capital

  • Filtering out noise and analyzing buyers and sellers: local vs. foreign, active vs. passive, and retail vs. institutional
  • Applying fund flows and positioning data as a discretionary input into the investment process
  • Practical applications for systematic (country, sector, asset class) allocation strategies and stock-level strategies

Technical Approach

10:15-11:15
Generating Returns in a Low Interest Rate World
Antti Ilmanen
Principal
AQR Capital Management

Moderator: Christian Gattiker, CFA
Head of Research
Bank Julius Baer & Co. Ltd

  • Earn nothing, or buy rich assets? A menu of investment answers to address low expected returns, including harvesting factor/style premia
  • The robust performance of market-neutral style premia across macro environments — even constrained investors can apply long-only style tilts in equity and bond markets
  • A cautious view of contrarian market timing and factor timing strategies, given concerns about rich asset classes and crowded factors

Long-Term Approach Track

10:15-11:15
Is China Slipping Toward a Japanese Sinkhole?
Freya Beamish
Senior Economist
Lombard Street Research

Moderator: Alida Carcano, CFA
Partner and CEO
Valeur Investments

  • The dangers of continuing debt spirals
  • How zombie firms are preventing successful rebalancing
  • Why China’s economy needs a lower RMB, and will likely get it
  • Could Abenomics derail, throwing a spanner in the works?

Alternative Approach Track

11:15-11:45
Networking Refreshments

11:45-12:30
Fintech: Embracing a New Era for Client Service
David M. Brear
Co-founder and CEO

12:30-13:15
Final Keynote: Unorchestrated Orchestrator: The Economics of Good and Evil
Tomas Sedlacek
Chief Macroeconomic Strategist
ČSOB

  • Is economics becoming an arbiter of values, “the most ecumenical global religion”?
  • What are the social risks to societies that view economic problems through overly mathematical and analytic lenses?
  • Could economic discourse dismantle European integration?

13:15-13:20
Closing Comments
Gary Baker, CFA
Managing Director, Europe, Middle East, and Africa
CFA Institute

13:20-14:20
Networking Lunch