Please note that this agenda is subject to change
7:30 AM - 8:30 AM
Hot Buffet Breakfast & Registration
8:30 AM – 8:40 AM
Opening Remarks & Introductions
8:40 AM – 9:15 AM
Navigating complexity with an Outsourced Chief Investment Officer (OCIO)
Uncharted economic times, mounting regulatory pressures, a heightened need for innovative investments, shifting market dynamics have made the role of a plan sponsor more complex. These factors and the fallout from the global financial crisis have ignited the global trend of Plan sponsors toward engaging with a trusted partner, an Outsourced Chief Investment Officer (OCIO), to manage all or a portion of their pension plan. This allows plan sponsors to balance strategic priorities with sound investment decision-making based on their unique risk and return objectives.
In his presentation Eric Menzer will explore:
• How an OCIO may help plan sponsors improve outcomes, increase administrative efficiency and allow plan sponsors more time to focus on their core business.
Speaker: Eric Menzer – Manulife Investment Management
9:15 AM – 9:50 AM
Public Market Investment Solutions to Address the Private Market Conundrum
Over the last decade, we have witnessed unprecedented growth in demand from Plan Sponsors for Private Market investment strategies. The twin expectations of higher returns with attractive risk characteristics were likely catalysts for this demand shift, particularly when set against forecasts for lower returns and yields from public equity and bond markets. New product supply has met and possibly even exceeded this increased demand, with investors today having access to an ever-growing array of private market investment opportunities. With more and more capital seeking a finite number of opportunities, the most attractive deals can be heavily oversubscribed with a large number of unsuccessful bidders. The net result to the investor can be a longer wait for allocated capital to be called. Being out of the market while waiting for capital calls is less than ideal, especially considering the direct and opportunity cost implications.
In this presentation we will explore:
• The growth to record levels of private market commitments such as Private Equity/Debt, Infrastructure and Real Estate
• The challenges that can result from such demand on capital deployment, fees and governance
• Liquidity considerations during periods of market stress
• Public market solutions for committed, but yet to be deployed capital, as well as for strategic allocations
Speaker: Dino Bourdos – Guardian Capital
9:50 AM – 10:00 AM
10:00 AM – 10:35 AM
Pension consolidations and mergers – a complete and cost-effective de-risking solution
There is a widening gap between what employees want and need from a workplace retirement income savings program and what most employers can reasonably manage. The significant trend of closing DB pension plans in favour of a DC arrangement or group RRSP is one path. In a thoughtful and stimulating presentation, Jeff Kissack will outline a new, cost effective de-risking option – joining a jointly sponsored pension plan. Under the CAAT Pension Plan’s fixed cost approach, pension sponsors will continue to enjoy the substantial benefits of offering a DB pension plan to employees while eliminating balance sheet risks by settling past pension obligations. This all-in-one solution allows employers to gracefully exit the pension risk management business on a cost-effective basis.
Speaker: Jeff Kissack – CAAT Pension Plan
10:35 AM – 11:10 AM
The Rise of ESG: Risks, Opportunities and Obligations
Optimizing performance, overseeing risk, ensuring compliance, and meeting investors demands are all critical to the investments process. Increasingly, investors are looking at how environmental, social and governance or ESG metrics can inform the oversight of assets. An increasing number of for-profit businesses are engaging with environmental, social and governance concerns in an evolving stakeholder, regulatory and market environment. Pension asset managers are no exception, with a rising number seeking to achieve financial returns while also incorporating and mitigating ESG risk, generating long-term value, and creating positive impacts on society.
In her presentation, Cynthia Shaw-Pereira of BNY Mellon Global Risk Solutions will review recent ESG initiatives and regulations, discuss recent trends in institutional investors’ ESG activities, and highlight the unique requirements associated with monitoring and overseeing ESG and other non-financial factors as part of the investment process.
Speaker: Cynthia Shaw-Pereira, CIPM - BNY Mellon Global Risk Solutions Canada
11:10 AM – 11:30 AM
Panel Discussion / Q & A and Closing Remarks
11:30 AM – 12:00 PM
Attendance certificates are available upon request to receive your CE credits
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