Opening Remarks From The Chair

SPEAKER:

KYLE RINGROSE
Principal Consultant Athena IOC

• The role of unlisted assets in the late stages of a lifecycle
  strategy. Higher or lower allocation?
• The paradox of lower volatility potentially leading to
  higher risk for long term investors
• The different role of long duration and short duration
  fixed income in lifecycle strategies
• Different methods to define life cycle member cohorts
• Criteria in determining asset allocations for each cohort

• Translating your strategic objectives into strategic asset
  allocation

• How to deal with long term objectives and short term
  constraints

• How conscious rebalancing helps your risk management
• Evaluating the decision process; how to grasp the added
  value of strategic and tactical decisions
SPEAKER:

MAURITS VAN JOOLINGEN
Business Development,
Ortec Finance

• The definition of “Growth” and “Defensive” assets. The pros and cons of a more prescriptive definition
• What a more prescriptive definition might look like
• The major differences between industry, retail and SMSF asset allocations. Who has got it right or are they all wrong?
• The risks and rewards of a 100% allocation to growth assets over a superannuation fund’s members over their lifetime
• The default asset allocation “herd mentality”. Are super funds too cautious to move away from the pack?
• Currency allocations. The “magic number” for overseas currency exposure and why

MODERATOR:

KYLE RINGROSE
Principal Consultant Athena IOC

PANEL MEMBERS:

JOHN COOMBE, Executive Director
at JANA Investment Advisers

DAVID BELL, Executive Director, The Conexus Institute, Former Chief Investment Officer, Mine Super

AMANDA RETHUS
Director, GatewayInvest Consulting

SANDI ORLEOW
Trustee Director, Local Government Super

• Converting economic views into asset class expected returns
• Quantifying the true diversification offered by listed and unlisted asset classes
• Regime detection in volatility, correlation, and
  macro-economic series
• Evaluating the performance of internal strategies and external managers
• Distinguishing between luck & skill.

LUNCH BREAK

• What drives super fund equity allocation decisions?
• How have equity portfolio structures evolved through time… and where are they heading?
• Research on tax blockers to ongoing equity portfolio evolution and suggested decision framework
• What the current pandemic crisis and mounting fiscal
  debt brings to the thinking about super fund equity portfolio evolution

• What is required to understand our members and their
  investment needs?
• Looking past the average to consider member cohorts
• Measuring members’ likely retirement outcomes
• How can this inform asset allocation decisions and default
  investment strategies?
• Why a member first approach is even more important in
  retirement

• Asset allocation lessons learned during COVID-19
• The value of a “Reference” portfolio in performance
  attribution
• Attribution of risk and return in asset allocation
  decisions
• Have “defensive” assets justified their description?
• Has the use of derivatives contributed to investment
  risk in volatile markets?
• The growing interest in low cost, passive superannuation fund member options

MODERATOR:

KYLE RINGROSE
Principal Consultant Athena IOC

PANEL MEMBERS:

KERI PRATT
Non Executive Director, Guild Group & General Manager Defined Benefits Assets & Liabilities, State Super (SAS Trustee Corporation)

KINGSLEY JONES CFA
Chief Investment Officer,
Jevons Global Pty Ltd

ROB LECK
Director, Cutter Associates

Closing Remarks From The Chair