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Advisory Board and Awards Committee Members |
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Jacksonville
(FL) Police & Fire Pension Fund
New York City
Retirement Systems
Penn
State
University
Virginia
Retirement System
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Confirmed Speakers And Participants Include |
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Air Force Aid Society
Alameda
County
Employees Retirement Association (2 Executives)
American Film Institute
Asset Marketing Systems/HSBC
County
of
Arapahoe
(CO)
Asset Strategies Portfolio Services, Inc
Austin (TX) Police Retirement Fund
Badge of Honor Memorial Foundation
Banc of America Capital Markets, Inc.
Buck ConsultantsCallan Associates
Chicago
Park
Employees' Annuity & Benefit Fund
Citigroup/Smith Barney
Commonwealth Exploration
Consultiva Internacional, Inc.
Core Wealth Management LLC
Cornell Capital Partners
CRA
Rogers
Casey
Cross Border Capital Advisors
Firebird Management LLC
Fortress Investments
Globalprivatequity.com, Inc.
Goldentree InSite
Hammond
Associates (2 Executives)
Hathersage Capital Management, LLC
Inkster
(MI) Police & Firemen's Pension Board
International Monetary Fund
Iron Workers Local #1 Benefit Funds
Irvine
Health Foundation
Jacksonville
(FL) Police & Fire Pension Fund
Loring Ward Capital Management (Multi-Family Office)
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MACDONALD FAMILY FOUNDATION (4 Executives)
MAYERCAP, LLC
Morningstar
New Mexico
State
Investment Council
New Mexico
State University Foundation
New Millennium Applied Technology Fund
Newport
Wealth Management (Family Office)
New York City
Retirement Systems
Northern Trust
Ohio
State
University
ORE
HILL PARTNERS
Penn
State
University
PIMCO
Professional Firefighters of
Georgia
Ramirez & Company
RBR Capital Management, L.P.
Rio
Hondo College Foundation
Ritchie Group
Sacramento
County
Employees Retirement System
San Antonio
Firemen's & Policemen's Fund
San Jose
(CA) Retirement Fund
SB Capital Management, Inc. (Multi-Family Office)
Scripps
College
SG
Americas
Securities, LLC
SIMMONS
COLLEGE
Texas
Permanent School Fund
Timbervest
Santa Barbara
(CA) County Retirement Board
University of Toronto Asset Management CompanyUnited Management Group (Family Office)
Virginia
Retirement System
XTF Advisors
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SUNDAY, February 25, 2007
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7:30am
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Golf Tournament
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11:00
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Registration
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12:30-1:15pm
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Conference Workshop
World Gold Council
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1:15-1:30
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Co-Chair Welcoming Remarks
Penn
State
University
Rutgers University Foundation
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1:30-1:50
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Pacificor, LLC
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1:50-2:10
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New frontiers in Structured Alternative Investments
SG Americas Securities, LLC
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2:10-3:15
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Asset Allocation is a continuously evolving process and endeavor. In this panel you will hear from leading institutional investors regarding cutting edge strategies and techniques employed to augment returns and mitigate risk. Discussion will also include developing asset allocation strategies and the evolution of existing ones and the different criteria institutional investors use when allocating their assets
Moderator:
Penn
State
University
Virginia
Retirement System
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3:15-3:45
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Speed Networking & Refreshment Break
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3:45-4:45
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New trends in Asset Allocation Strategies, comparing, reexamining the old, and evaluating the new
• Strategic Asset Allocation
• What is driving liability driven investing
• What role do structured products play in Asset Allocation
• Tactical Asset Allocation
• Using ETFs in TAA strategies
• The evolution of TAA to GTAA
• Dynamic Asset Allocation
• Tactical vs. strategic asset allocation
• Critical issues regarding absolute returns
Moderator:
Alameda
County
Employees
' Retirement Association
Panelists:
Citigroup/Smith Barney
PriceWaterhouse Coopers
Whitebox Advisors
XTF Advisors
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4:45-5:45
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PORTFOLIO CONSTRUCTION INCORPORATING ASSET ALLOCATION
• Incorporating alternative strategies within traditional strategies
• Diverse methodologies to hedge against inadvertent risk.
• Determining the optimal asset location
• Merging alternative investment portfolios
• The outcome of client driven strategy allocations & custom-made approaches to portfolio construction
• Determining the optimal investment mix
• Designing portfolios incorporating asymmetric risk structures
• Latest methodologies for constructing efficient portfolios
• The advantage of managed accounts in portfolio construction
Moderator:
Rutgers
University Foundation
Panelists:
Texas
Tech
University
University of Toronto Asset Management Company
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5:45-6:30
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Challenges facing Institutional Investors in asset allocation: A consultants perspective.
Moderator:
Hammond
Associates
Panelists:
Asset Consulting Group, Inc.
Globalprivatequity.com, Inc.
Russell Investment Group
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6:30-7:30
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Cocktail Reception Sponsored by:
Pacificor, LLC
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MONDAY, February 26, 2007
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7:15-7:40am
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Continental Breakfast
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7:40-7:50
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Co-Chair Welcoming Remarks
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7:50-8:20
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Institutional Investor panel and discussion: How to steadily achieve above average returns via alternatives: Fund selection, the due diligence, and the construction process
• Knowing when to switch strategies, fire managers, or both
• How to employ qualitative and quantitative due diligence to surpass the industry benchmark
• Evaluating what Institutional Investors look for in an investment
• Best methods on how to limit volatility out of an institutional trading strategy portfolio
Texas
Permanent School Fund
Moderator:
Scripps
College
Panelists:
San Antonio
Firemen's & Policemen's Fund
Ferrell Capital Management
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8:20-8:40
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State of the Credit Markets
President,
ORE
HILL PARTNERS
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8:40-9:00
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Northern Trust Global Investments
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Track A
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Track B
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9:00-10:10
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Real Assets & Real Estate:
• How do real assets fit into a portfolio
• Is Infrastructure truly an asset class?
• Private equity investments in oil & gas
• Creative approaches to investing in real estate
• Which real estate vehicles will perform best given the current environment
• Investing in REITS, public or private
• Timber, how will returns stack up in the future
• Real Estate, is it still alluring at today’s levels
• Investing in Agriculture; harvesting returns
Moderator:
Texas
Permanent School Fund
Panelists:
Fortress Investments
Timbervest
Blackacre Institutional Capital Management, LLC
Seyfarth Shaw LLP
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Fixed Income market outlook
• Interest rates, where are they headed and why
• Developments in geopolitical risk, what must fixed
income investors be on the lookout for?
• The yield curve and what it means to fixed income investing
• A perfect match, fixed income and liability driven investing
• What should be in your fixed income portfolio
• "a history of interest rates 2000 BC to present"
• When does 14% = 4%??
• Mortgage backed securities as a source of income
• Investing in structured products and derivatives
• Bond market valuation and pricing
• Fixed Income Arbitrage
Moderator:
The
California
Public Employees’ Retirement System
Panelists:
Catrock Capital Management LLC
Goodson, Kieffer & Carter Asset Management Group
of Wachovia Securities
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10:15–11:30
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Commodities and Energy, Fueling the Future
• Hedging strategies for dealing with the volatile energy markets
• The correlation between commodity returns and inflation still applicable·
• Where are we seeing the best returns, hard or soft commodities
• Why commodity returns are much greater than commodity price gains· Approach to achieving returns from commodity markets
• Risk management of a commodity portfolio
• Is ethanol here to stay?
• The Role of Commodities in Energy Trading
Moderator
PIMCO
Panelists:
FourWinds Capital Management
Hammond
Associates
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The quest for alpha, where to look and how to get it
• Alpha strategies for the post-bubble environment
• Identifying Managers and Strategies with the Highest Probability of Obtaining Alpha
• Separating the Alpha and Beta Risk for a More
Efficient Portfolio
• Portable Alpha Strategies investors should be looking at
• Key determinants and design to successfully implementing Portable Alpha Strategy?
• Optimizing The Use Of Alpha Generators
• Sources of Uncorrelated Alpha
Moderator:
Oklahoma
Firefighters Pension & Retirement System
Panelists:
Cornell Capital Partners
Entrust Capital Inc.
Goldentree Asset Management
Northern Trust
Santa Barbara
Alpha Strategies
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11:30–11:45
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Refreshment Break Sponsored By:
Cornell Capital Partners
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11:45–1:00pm
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Private Equity, outlook for the future
• Where to look for future opportunity in private equity
• Secondary private equity market
• Emerging trends and allocation strategies
• The world of mega funds
• PIPES trends and developments
• The correlation between capital supply, demand and private equity returns
• What exit strategies are working best, an which will work best in the future
Moderator:
Canterbury
Consulting
Panelists:
Banc of America Capital Markets, Inc.
Permal Capital Management
City of
Philadelphia
Board of Pensions & Retirement
Prism Capital
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Adding Funds Of Funds to An Institutional Portfolio
• Have Fund of Funds become the platform of choice?
• How the General Partner of the Fund of Funds Birddogs
Your underlying investments
• Do International Funds of Funds offer an advantage
• How are funds of funds allocating capital across
numerous hedge fund strategies
• How can fund of funds remain viable and still
demonstrate the value they provide to investors?
• The pros & cons of separately managed accounts vs.
co-mingled
• Concentrated, Sector Specific, Niche Fund of Funds, who is leading in performance?
Moderator:
Clontarf Capital
Panelists:
Efficient Capital Management
Morningstar
Pacific Alternative Asset Management
Sciens Hedge Fund Management
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1:00–2:15
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Luncheon
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2:15-3:30
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Managing risk and risk determinants
• Risk Management techniques by means of options, futures and options on futures and swaps
• The Adequacy of Traditional Risk Measures Versus Alternative risk measures, how do they differ?
• Assessing global risk and returns
• Risk Measures in a Portfolio Construction Framework
• Top Strategic Initiatives for Risk Management
• Revisiting the Fundamentals of Risk Management and do they still apply
• Pension Risk Management Trends
• Balancing the demands of risk management against time and cost
• Administering Long-term Risk in a Short-term environment
Moderator:
Newport
Wealth Management (Family Office)
Panelists:
CAP Fund
Chilton Investment Company
Hathersage Capital Management LLC
US Trust
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Emerging Markets, why now more than ever
• The BRIC Economies
• Which emerging markets are providing the
greatest returns
• International and emerging markets bonds
• How to Perform Due Diligence in Key Emerging Markets
• Indexing Emerging Markets
• Tactical Asset Allocation strategies in Emerging Markets
•
Mexico
: Equity and Dept Outlook
• Distressed Debt Opportunities in Emerging Markets
• Choosing an Emerging Markets fund manager
Moderator:
Austin (TX) Police Retirement Fund
Panelists:
Barclays Global Investors
Firebird Management LLC
Fred Alger Management
International Monetary Fund
Permal Asset Management
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3:30–4:00
|
|
Speed Networking & Refreshment Break
ORE
HILL PARTNERS
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4:00–5:00
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TRANSITION MANAGEMENT: avoiding the pitfalls and achieving a seamless conversion
• Understanding the transition process before, during and after
• Steering clear of the pitfalls of transitions and setting appropriate benchmarks
• Living up to the expectations of your clients? Assuming responsibility
• Transition manager selection, how to choose and what to look for
• Index strategies for transitions and asset allocation shifts
• Essential fiduciary responsibilities of the transition manager
Moderator:
Panelists:
Goldman Sachs
Merrill Lynch TRANSITION MANAGEMENT
Ramirez & Company
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Manager Selection, breaking down the process and drafting a winner
• Manager Selection Risk Factors
• Working with a consultant during the manager selection process
• Qualitative screening and due diligence
• Thresholds for active skill ratios and expected returns
• What should an institutional investor be looking for when selecting a manager; separating the wheat from the chaff
Moderator:
Chicago
Park
Employees' Annuity & Benefit Fund
Panelists:
MAYERCAP, LLC
Mercer Investment Consulting
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5:00–6:00
|
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Manager introduction Panel
This panel will consist of 4 panelists and one moderator. Each panelist will have an equally allotted period of time to present their company, strategy and their role in the asset allocation process, followed by questions and answers. PowerPoint presentations will not be permitted.
Moderator:
Santa Barbara
(CA) County Retirement Board
Panelists:
CAP Fund
RBR Capital Management, L.P.
Quantitative Financial Strategies
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Alternative Investment Styles and Strategies
• Structured hedge fund products, what is new and in the works?
• Convergence of Structured Products and Hedge Funds
• Which strategies are likely to have the longest duration
• Securitized assets, where do they fit?
• Foreign Exchange, not so foreign anymore
• Convertible Arbitrage
• Fund of Private Equity FundsModerator:
Moderator:
Ohio
State
University
Panelists:
Jacksonville
(FL) Police & Fire Pension Fund
Oklahoma
Firefighters Pension & Retirement System
SG Americas Securities, LLC
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6:00–7:00
|
|
Cocktail Reception
|
|
|
7:00–9:00
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Dinner & Awards Presentation
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TUESDAY, February 27, 2007
|
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7:15-7:40am
|
Continental Breakfast
|
|
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7:40-7:50am
|
Co-Chair Welcoming Remarks
|
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7:50-8:20pm
|
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The coloration between the development of pension fund benchmarks and Asset Allocation
• The history of benchmarks and how they developed
• Asset allocation and behavioral finance
• Benchmarks for the 21st Century
Moderator:
CRA
Rogers
Casey
Ball State University Foundation
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8:20-8:40
|
New York City Retirement Systems
|
|
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8:40-9:00
|
Speaker: Goldentree InSite
|
|
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9:00-10:00
|
NEW DEVELOPMENTS IN PORTFOLIO MANDATES
• Deliberating over future rates of return and investment risk
• How will new developments affect asset managers
• How will this impact asset allocation
• New approaches to asset allocation and rebalancing
Speaker:
The Clifton Group
First Quadrant
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10:00-11:00
|
Legal Roundtable
This panel will feature legal experts in the institutional investment space. Panelists will discuss and debate key and relevant issues affecting both asset allocators and asset managers. Discussion topics will include recent legislation, recent rules and regulations and critical compliance issues
Moderator:
Panelists:
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11:00-11:45
|
"Asset Allocation using forecast 12"
Pension Management Company
|
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11:45-12:00p
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Co-Chair Closing Remarks
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