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From

05 May 2020 08:45

To

11:00

Venue

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mallowstreet University Digital Investment Focus: Investment Considerations in a COVID-19 Environment - what to look out for and what questions to ask

The Digital Investment Focus is designed to equip the trustees of defined benefit pension schemes to make world-class, informed decisions about the pension funds they sit on in a time of extreme uncertainty, stress and volatility. We will hear from two market experts who will share their experience from the past 8 weeks, answer questions live, and provide you with key insights to take away and apply to your pension fund.

Over the course of the morning, delegates will break into small groups and participate in interactive presentations. This morning educational event is accredited by the Pensions Management Institute and is open to pension funds and their advisers.

The Investment Focus will take place online via a ‘Zoom’ meeting (a widely used webcast meeting provider). We will provide further information, including an access link and password, to all attendees in advance of the Focus.

Program

Time Description
08:45

Login and Access Meeting

The Investment Focus will take place online via a ‘Zoom’ meeting (a widely used webcast meeting provider). We will provide further information, including an access link and password, to all attendees in advance of the event.
09:00

Welcome and Introductions mallowstreet

09:10

Rotating Investment Masterclass I: Taking advantage of market dislocations: Pictet Distressed Debt Gareth Payne, Senior Client Portfolio Manager at Pictet Asset Management

Absolute return investing in stressed and distressed issuers has the potential to offer attractive returns at all points of the cycle, not least when market conditions deteriorate, strain is placed on capital structures and price dislocations occur. Current market conditions prompted by the coronavirus pandemic are creating pricing dislocations, providing significant opportunities for distressed debt strategies to capitalise on. In these circumstances, having the skills to build long positions in improving distressed situations, recovering balance sheets and restructurings, as well as the flexibility to take meaningful short exposures, increases the potential rewards available to specialist investors. The Pictet Distressed & Special Situations fund, launched at the start of the year, offers investors the following benefits: • Flexibility: no multi-year lock ups and on-going quarterly liquidity • Primary focus on Europe • Capacity constrained at £1bn resulting in a smaller, more nimble fund
09:50

Questions and Comfort Break

10:00

Rotating Investment Masterclass II: Crisis and the acceleration of disruption Laurence Taylor, Portfolio Specialist, Global Equities

While the full magnitude of “The Great Lockdown” on the global economy is yet to be seen, dimensions of change are occurring rapidly both near and long term. Laurence Taylor, Global Equities Portfolio Specialist, will share his perspectives on the crisis and explore both the dimensions of change that will persist through this period of crisis and what change will be driven by this crisis. Against this backdrop, we believe that active management and selectivity are critical as we try and dovetail opportunity and extreme volatility.
10:40

Questions and Close of Investment Focus

11:00

End

Speakers

  • Gareth Payne

    Gareth Payne joined Pictet Asset Management in February 2019 and is a Senior Client Portfolio Manager in the Total Return Fixed Income team.

    Before joining Pictet, Gareth was the Client Portfolio Manager for Man GLG’s Credit and Convertibles business with responsibility across both alternative and long-only strategies. Prior to that Gareth worked in a number of business development roles at Man’s multi-manager hedge fund unit, FRM. He began his career in 2007 at Lehman Brothers in London.

    Gareth holds a Masters and BA from the University of Cambridge

  • Tim Bird

    Tim joined Pictet Asset Management in 2017 as a Senior Business Development Manager. Based in London Tim focuses on developing our institutional business in the United Kingdom and Ireland.

    Tim joined us from Allianz Global Investors where he was, Director, Institutional Business Development working to develop relationships with the UK's largest corporate and local authority pension schemes. Prior to that Tim held similar roles at T Rowe Price and spent 12 years at Goldman Sachs Asset Management helping to build and develop their UK and Irish Business.

  • Laurence Taylor

    Laurence Taylor is a vice president of T. Rowe Price International Ltd and a portfolio specialist in the Equity Division. Prior to joining T. Rowe Price in 2008, he was a portfolio manager at AXA Rosenberg. Laurence earned a B.A., with honours, in economics from Greenwich University. He also has earned the Chartered Financial Analyst designation.