Monday, 7 November 2016

07:45-07:50

Chair’s Opening Comments

President
CFA Society Netherlands

07:50-08:00

Welcome Remarks

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

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

Nobel Peace Laureate 2006 and Founder
Grameen Bank

11:15-12:15

Wealth Management: Spending Rules Designed for Lifetime Security and Enjoyment

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

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

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

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

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

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

16:15-17:15

Final Keynote: The Future of the Investment Profession

Founder and Managing Director
Maisonneuve Global Advisors

Via Live Link

  • 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

19:00-22:00

Evening Social Event

Fifteen Restaurant
Jollemanhof 9
1019 GW Amsterdam

Tuesday, 8 November 2016

08:55-09:00

Chair’s Opening Comments

President
CFA Society Netherlands

09:00-09:45

Opening Keynote: Do Good, Diversify Risks, and Make Money by Revisiting Finance

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

10:15-11:15

Leveraging Fund Flows and Positioning Data in the Investment Process

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 Track

10:15-11:15

Generating Returns in a Low Interest Rate World

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?

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

11:45-12:30

Fintech: Embracing a New Era for Client Service

Co-founder and CEO
11:FS

 

 

12:30-13:15

Final Keynote: Unorchestrated Orchestrator: The Economics of Good and Evil

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

Managing Director, Europe, Middle East, and Africa
CFA Institute

13:20-14:20

Networking Lunch