four seasons hotel | vancouver, bc€¦ · four seasons hotel | vancouver, bc ... concepts around...

November 16-18, 2016Four Seasons Hotel | Vancouver, BC

www.CAIPForum.com

This year’s 10th Edition of CAIP (Canadian Alternative Investments in Pensions) West Forum is the leading event for Senior Pension Investment Executives, having served over 700 institutional investors and senior executives with total fund oversight from the top pension plans across Canada. In 2016, the CAIP Forum has organized speaker faculties representing Canadian Institutional Investors from coast to coast responsible for over $1.6 Trillion AUM!

Due to historically low rates more institutional investors are moving into alternatives in search of yields. CAIP West is the only Canadian Forum out west focusing exclusively on alternative investment that is designed by pension plans for pension plans. Join your peers in vibrant Vancouver to discover where leading voices in the industry see the next investment opportunities, and what innovative investment strategies they are researching, evaluating, and deploying.

Who Should Attend

What’s New This Year:

Whom You Will Meet:

How You Will Mingle with Your Peers:

• CEOs & CIOs

• VPs of Alternative Investments

• Heads of Asset Allocation, Alternative Investments

• Directors/Managers, Investments

• Portfolio Managers

• Pension Board Trustees

• Senior Risk Panel - Measuring and Managing Risk in Alterative Investments • Total Portfolio Construction: Building a Holistic and Robust Portfolio

& What Allocation is Appropriate? • Good Governance: Empowering your Board• Clean and Renewable Investments

• Senior Level Pension Plan and Investment Executives• Over $128 Billion AUM Represented

• 10 Networking Functions through the Event, including 2 Cocktail Receptions and 2 Networking Dinners

• A controlled attendance structure is deployed to achieve a healthy ratio of Institutional Investors to Asset Managers

• Investment Managers

• Investment Advisors

• Fund Managers

• Pension Advisors

Pension Funds & Plan Sponsors: Experts & Consultants:

For more information: www.CAIPforum.com

ABOUT

Speaking and Sponsorship Opportunities: For further details, please contact John He at 416.642.6133 or [email protected]

Claude BergeronExecutive Vice President &ChiefRiskOfficerCaisse de dépôt et placement du Québec

Martin LerouxVice President, Portfolio Construction,CIO GroupPSP Investments

James DavisChiefInvestmentOfficerOPSEU Pension Trust

Janet Julé ChiefInvestmentOfficerSaskatchewan Healthcare Employees’ Pension Plan (SHEPP)

Stephen J. ThompsonExecutive Director, Capital MarketsDepartment of Treasury Board and FinanceGovernment of Alberta

Terri TroyChiefExecutiveOfficer&ChiefInvestmentOfficerHalifax Regional Municipality Pension Plan

David LongSenior Vice President & Chief InvestmentOfficer,ALMandDerivatives & Fixed Income(HOOPP) Healthcare of Ontario Pension Plan

Insight Information would like to extend a special thank you to our esteemed CAIP Advisory Board for their contributions and continual support.

ADVISORY BOARD MEMBERS

Conference Chair Katherine StruttGeneral ManagerSaskatchewan Pension Plan

Leo de BeverSenior FellowC.D. Howe InstituteFormer CEO of AIMCo

Alison Gould Chief Investment Officer ICBC

Jeremiah HudacinSenior Director - Investment RiskOPTrust

Janet JuléChief Investment OfficerSaskatchewan Healthcare Employees’ Pension Plan (SHEPP)

Richard IwucTreasury Portfolio ManagerUniversity of Alberta

Chris LawlessChief Economist(bcIMC) British Columbia Investment Management Corporation

Colyn LowenbergerDirector, Pension & Disability AdministrationCity of Regina

Geoff McLeodVice President J.P. Morgan Asset Management

Darryl OromPortfolio ManagerAlberta Teachers’ Retirement Fund

David PerlDirector, Infrastructure & Timber Alberta Investment Management Corporation (AIMCo)

Charles QuintalMember, Retirement CommitteeAssembly of Quebec Catholic Bishops Retirement Fund

Adnan TariqHead of Illiquid Products RiskAlberta Investment Management Corporation (AIMCo)

Stephen J. ThompsonExecutive Director, Capital MarketsDepartment of Treasury Board and FinanceGovernment of Alberta

Josef YahyaInvestment OfficerCity of Calgary

Kevin ZhuManaging Director, Head of Portfolio ConstructionOPTrust

Pierre J. AlainDirectorbfinance Canada

Kyle ConcannonInvestment StrategistWilliam Blair

Alexander DaveyDirector - Senior Product Specialist Alternative Beta StrategiesHSBC Global Asset Management

Richard ElmslieCo-Chief Executive Officer, Co-Chief Investment OfficerRARE Infrastructure Limited

ESTEEMED SPEAKER FACULTY

Dan ElsberrySenior Managing Director - K2 AdvisorsFranklin Templeton Investments

Laler C. DeCostaManaging Director, Client Portfolio Manager, Invesco Real EstateInvesco

Alona Tolentino GornickHead of West Coast OriginationsTIAA Private Capital

Dr. Peter HobbsManaging Director, Private Marketsbfinance

Malcolm JonesInvestment Director, Multi-Asset and Absolute Return Investing Standard Life Investments

Susan KasserManaging Director, Neuberger BermanHead of Private Debt, Neuberger Berman Private Equity

Dennis H. KimDirector of Alternative Investments. USWellington Alternative Investments (WAI)

Alan J. MatijasManaging Director, CanadaWellington Management

Daniel MorrisPortfolio Solutions Manager Schroders

Jeffrey SaretSenior Vice President, Thematic ResearchTwo Sigma Investments, LP

Vivek TanneeruPortfolio Manager Matthews Asia

David PappinChief Operating OfficerIAM Real Estate Group

Patrick TrearsPrincipal Head of Infrastructure Debt Americas AMP Capital

Ross ServickHead of CanadaSchroders

Pulkit SharmaExecutive Director & Head of Global Real Assets Portfolio ConstructionJ.P. Morgan Asset Management

Keith WilliamsPartnerCrestine Investors, Inc.

Chris Wright Head of Canadian Institutional SalesStandard Life Investments

Justin YagermanExecutive Director, Global Maritime & Transport J.P. Morgan Asset Management

Interested in speaking opportunities? Please contact John He at [email protected] or 416.642.6133 to learn more!

ESTEEMED SPEAKER FACULTY

WEDNESDAY – NOVEMBER 16, 2016

Low Rates for Longer vs. Higher Risk for Better Returns

Given historically low rates, two approaches have arisen among institutional investors in response. Thefirstapproachfocusesonreducingyourriskandexpectedreturnsbyfocusingoninvestinginlong term assets. The second approach sees the current low rates as a challenge and believes that there are still opportunities out there for the suave investor to capitalize on.

8:30 AM

Chair’s Opening Remarks 8:25 AM

Welcome Remarks from Insight Information

Registration and Breakfast Sponsored by:

8:20 AM

7:30 AM

THURSDAY – NOVEMBER 17, 2016

Welcome to CAIP West 2016! Before we begin two full days of content driven sessions, Insight Information would like to invite you to the Welcome Cocktail Reception and Dinner to socialize with attendees and enjoy scenic Vancouver!

Networking Cocktail Reception

CAIP West 2016 Welcome Dinner

6:00 PM

7:00 PM

Interested in Attending? Pre-register at: www.caipforum.com

Agenda


Total Portfolio Construction: How Different Asset Classes Fit into an Overall Portfolio and What Allocation is Appropriate?

This session will discuss how to practically build a holistic and robust portfolio that includes alterativeassetsandintegratestherecentadvancesinassetallocation.Discoverthebenefitsofinvestinginalternativeslikeuncorrelatedalpha,higheryieldsanddiversification,whilebalancing the potential downsides such as illiquidity, higher risk and limited opportunities. Expertswillalsodiscusshowdifferentalternativeswouldfitintoanoverallportfoliointhe real world and what sort of allocation is appropriate.

Asia ESG: Alpha with Impact

Asiapresentsasignificant,long-termopportunitytofillacriticalimpactgapforESGinvestors,by identifying and engaging with businesses that promote positive environmental, social and economic development in the region. ESG integration through active management creates potential for enhanced performance while reducing risk. This session will explore the integral elements of ESG investing, including areas of risk and opportunity, importance of deep local knowledge and portfolio construction.

A New Dimension to Diversification

SessionDescription:Measuringdiversificationcontinuestobeanunsolvedproblem.Whileapproaches such as risk parity may produce a range of asset allocations they do not actually assessdiversification.Thissessionwillcoversomeofthedrawbacksofexistingdiversificationmethodologiesandintroduceanewapproachtomeasuringthediversificationpotentialofaportfolio.

Networking Coffee Break Sponsored by

Networking Luncheon Sponsored by

9:15 AM

10:30 AM

11:15 AM

12:55 AM

10:00 AM

11:55 PM


Prospects for Infrastructure Returns

Panelists will provide insights into how they are implementing infrastructure into their portfolios and the underlying risk factors and valuation techniques in infrastructure investing. Before highlighting the key factors pension plans should be considering as they incorporate this asset class into their portfolios.

Agenda


Global Real Estate Investments and Strategies

Speakers will discuss trends, strategies, opportunities and risks for Canadian and international real estate investments and development. Where is the demand for real estate heading? Are we in a real estate bubble and what happens if it pops? What are the markets and opportunities to watch for?

Private Debt: Investing in the Real World

Given the ensuing low rate environment more investors are evaluating new opportunities for yield within private debt; as the higher return of private debt due to its illiquid nature combined withthehigherpremiumpaidbyborrowerstoobtaincustomdesignedandinnovativefinancingis attractive. This panel will highlight the unique risks and opportunities within this growing asset class and the ways in which fund managers source deals and mitigate these risks to deliver superior performance.

1:35 PM

2:20 PM

4:35 PM

3:50 PM



Conference Concludes for the Day

‘Purity is a virtue’: How can factor investing enable investors to deliver clear portfolio outcomes within their equity allocation.

There is a common misconception that factor investing is very simple. However, a recent surveyofinstitutionalinvestorsidentifiedthat“thefearoftheunknown”istheircoreareaofconcern with smart beta strategies. This is natural, grounded in the worry that these strategies may not end up tilted to their factor, style or choice and expose them to a series of unintended riskswhichmaymateriallyaffecttheirperformance.Thissessionwillillustratehowawell-constructed and executed strategy supported by empirical evidence and solid economic justifications,thatincorporatesfactorneutralizationandclarityofrisk,mayinfactenableinvestors to complement existing allocations, tilt to preferred styles or factors and engage with concepts around ESG, for example, to help deliver their desired outcome.

Networking Reception

CAIP West Networking Dinner

3:20 PM

5:15 PM

6:00 PM

7:00 PM

Senior Risk Panel: Measuring and Managing Risk in Alternatives

Measuring and managing risk is a constant challenge for any institutional investor, however the recent market volatility and the lack of historical data makes this a challenge for private investments.Thissessionwillexploredifferentapproachestoriskmanagementfrombotha quantitative and qualitative perspective to highlight the key factors investors should be consideringwhendefining,measuringandmanagingrisk.

Agenda

FRIDAY – NOVEMBER 18, 2016

The World According to ARP

In a world of low prospective returns, alternative risk premia have attracted attention as a source of attractive risk-adjusted opportunities. This session looks at the characteristics of thedifferentalternativeriskpremiaandthenlooksathowtoincorporatetheminaportfoliooftraditional risk premia. To what extent are there potential overlaps and are dynamic adjustments necessary?

Evaluating Hedge Fund Opportunities and Strategies

In today’s challenging and more volatile market environment, hedge fund managers have struggled to generate meaningful risk-adjusted returns. Experts will discuss what performance benchmark and expectations are realistic for hedge fund managers, the value they see in maintaining their hedge fund programs, or why they are moving away from hedge funds, and the role hedge funds can play in the total portfolio.

Anchors Aweigh: Searching the high seas for value

9:15 AM

10:40 AM

10:25 AM

Continental Breakfast Sponsored by

Good Governance: Empowering your Board

Goodgovernanceisanimportantaspectofanyefficientpensionplan,allowingthemtocapitalize on opportunities and enhance their investment performance. No easy task as the investment landscape continues to become more complex. Experts will discuss the role of a pension board and their governance responsibilities when it comes to proxy voting, communicating with and educating your boards, and if ESG principles really matter.

Chair’s Opening Remarks


7:30 AM

8:30 AM

8:25 AM

9:55 AM


Agenda

FRIDAY – NOVEMBER 18, 2016

2:30 PM

1:05 PM

3:00 PM

1:45 PM


Clean Investments: Farmland, Timberland, Water Rights, Clean Energy

The crashing price of fossil fuels, is causing renewable investments like clean energy and agriculturetoflourish.Thissessionwillprovideanintroductiontorenewableinvestments,thecurrentrenewableinvestmentlandscape,andthebenefitsandrisksforinstitutionalinvestorslooking to access renewable investments.

Currency Management

Significantcurrencymovesarecreatingastrongundercurrentofuncertaintyforinvestorsglobally. During this session, our speakers will discuss how they manage currency exposures in their portfolios, including dynamic hedging and active management, as well as discuss the majorthemesinfluencingrealexchangeratestoday.

A Data Science Approach to Investment Management and Asset Allocation

Fluctuating prices. Changing weather. Increasing globalization. Growing volatility within Europe. These are just a few of the many factors institutional investors have to be aware of as markets areconstantlybecomingmoreefficientandcomplex.Inthisfeaturedspeakerpresentation,TwoSigma’sHeadofThematicResearchJeffSaretwilldiscusshowTwoSigmaisusingalgorithms,artificialintelligence,quantitativemethodsandstrategiestomanagerisk,lookformeaningfulpatterns in the world’s data, and help clients make more data driven decisions.

Networking Luncheon Sponsored by

Conference Concludes

12:05 AM

Changes in Market Structure: From Lemons to Lemonade

Regulatory changes as well as the emergence of new market participants and the disappearance of others have created a market environment vulnerable to frequent price dislocations. In addition, despite a prolonged period of accommodative monetary policies on the part of most major economies, global growth remains persistently low. Dennis will highlight innovative investment strategies that capitalize on emerging growth opportunities or exploit price dislocations arising from regulatory change, shrinking dealer balance sheets, and the declining importance of proprietary trading desks.

11:25 AM

Agenda

Gold Sponsors

Silver Sponsors

Bronze Sponsors

Supporting Sponsors

Conference Folder Sponsor

Lanyard Sponsor Pen Sponsor Conference Newspaper Sponsor

Conference Bag Sponsor

Bottled Water Sponsor

SPEAKING AND SPONSORSHIP OPPORTUNITIES:

For further details, please contact John He at 416.642.6133 or [email protected]

Sponsorship

VENUE AND RESERVATIONS:The Four Seasons Hotel, Insight’s preferred hotel in Vancouver is conveniently located at 791 West Georgia Street (the corner of Howe Street and West Georgia Street), Vancouver, B.C. Set above the PacificCentremall,thisupscale30-storeyhotelisalsoa2-minutewalkfromVancouverCityCentre

SkyTrain station and a short 20-minute drive from Vancouver International Airport.

For overnight accommodation please call the hotel at 1.866-223-9333 or 604-689-9333 and quote code # ‘CI 1116 ALM’, to receive the Insight Information’s *special room block rate.

Venue

four seasons hotel | vancouver, bc€¦ · four seasons hotel | vancouver, bc ... concepts around...

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