mallowstreet LGPS Indaba

Speakers

• Gustave Loriot

  Responsible Investment Manager, London CIV

  Gustave joined London CIV in November 2020 as a Responsible Investment Manager. Having previously worked as a Senior ESG data Specialist for a large financial services organisation, Gustave now leads the Pool’s work on ESG risk analysis, providing insight into potential risks and opportunities that may impact the Pool’s performance. He is also responsible for the development and implementation of the London CIV’s Net-Zero Strategy. Gustave has studied the interactions between finance, economics and the environment at the London School of Economics, where he holds a BSc in Environmental Policy with Economics, and at Imperial College, where he obtained an MSc in Climate Change Management and Finance.
  

• Tony English

  Head of LGPS Investment, Mercer

  Tony is a Senior Investment Consultant and Head of LGPS Investment for Mercer and is based in London. In addition to LGPS funds, Tony also advises a number of other institutional investors including corporate pension funds and trust funds.

  Tony has over 24 years of investment experience, having joined Mercer in 1999. During this time he has been involved in a wide variety of projects, including investment strategy, manager selections, private markets, ESG policies (including climate change) and pension risk transfer. Tony also regularly facilitates trustee training courses.

  Tony graduated with a degree in physics from the University of Warwick in 1996. He is an Associate of the CFA Society of the UK ('CFA UK'), holds the Certificate in ESG Investing and is a regular member of CFA Institute. Tony represents Mercer on the Society of Pension Professionals' ('SPP') Investment Committee, SAB’s IGE Committee and the AIMSE Europe Council.

• Sally Bridgeland

  Chair, Local Pensions Partnership Investments Limited

  Sally is an actuary with extensive experience in innovation, risk management and responsible investment across investment management and pensions. She was CEO of the BP Pension Scheme in 2007-14 after twenty years with Aon Hewitt working as a consultant and in investment research.

  Sally’s non-executive portfolio currently includes Chair at Impax Asset Management Group plc, non-executive director at insurers Royal London, Pension Insurance Corporation and Royal & Sun Alliance Insurance.

  Sally’s passion for maths education is evident in her voluntary work as a member of the Royal Society’s Advisory Committee on Mathematics Education (ACME) and as Chair of the Strategic Advisory Board for the Centre for Mathematical Cognition at Loughborough University.

  Sally is an Honorary Group Captain in 601 Squadron of the Royal Auxiliary Air Force, introducing diverse ideas to the way that the Senior Leadership Team of the RAF think and work.

• Jill Davys

  Jill is Head of LGPS at Redington, supporting LGPS clients in meeting their strategic objectives by advising on strategic asset allocation, climate change and net zero, impact investing, and broader investment strategy. Redington advises a range of funds across the LGPS – led by Jill, with the support of the wider Redington LGPS team.

  Having worked directly in the LGPS sector for 18 years at a senior level, Jill understands what it means to run an LGPS fund and the challenges they face. She frequently contributes to events, conferences, and roundtables, and strongly advocates responsible investing for sustainability and impact alongside financial returns.

  Previously, Jill worked as a fund manager for over 20 years. Her primary focus was on equities, but she was also involved in strategic asset allocation and derivatives.

Program

1. 8:30 AM Registration & Breakfast

2. 9:00 AM Welcome Address

   Dawid provides an overview of the conference, speakers, and key themes for the Indaba.

   Speaker

   Dawid Konotey-Ahulu, Co-founder of mallowstreet

3. 9:10 AM Setting a Course to Net Zero: What Role for Local Authority Pension Pools?

   The COP26 Climate Summit in Glasgow brought the term "net zero" into sharp focus as leaders from across the globe made more and further-reaching commitments than ever before to try and halt the rate of global warming. But what does net zero mean? What is the reality of net zero targets for the companies we invest in, institutional investors and investment managers? For the LGPS, the need to decarbonise portfolios has become increasingly clear, however many decisions still need to be made, monitored and actioned. During this session, Gustave will explore the topic of Net Zero with a focus on the role of Local Authority Pension Pools in Supporting LGPS in the decarbonisation efforts.

   Speaker

   Gustave Loriot, London CIV

4. 9:45 AM Session Transition

5. 9:50 AM Investment Masterclass I

   Delegates split into four Investment Masterclass sessions over the course of the Indaba.

6. 10:35 AM Tea, Coffee, and Networking

7. 10:55 AM Investment Masterclass II

   Delegates split into four Investment Masterclass sessions over the course of the Indaba.

8. 11:40 AM Session Transition

9. 11:45 AM A Fireside Chat with Tony English

   With over 24 years of pensions experience, Tony has witnessed many changes to the investment arena. But arguably none so focused as those impacting the LGPS Landscape. In this session we will discuss key market trends including, the recent hikes in inflation, the shifting focus to impact investing and climate change awareness, as well as the Pooling agenda, and what these changes will mean for local government schemes.

   Speaker

   Tony English, Mercer with Dawid Konotey-Ahulu

10. 12:20 PM Lunch and Networking

11. 1:20 PM The Good, the Bad and the Ugly - Future Paths for Pooling

    As the first chair of the first LGPS investment pool, Sally will draw on her experience of the journey so far as chair of the Local Pensions Partnership Investments Limited to map out some future paths for pooling. 

    
    

    As the LGPS pools mature, what could good look like if pooling grows old gracefully? Where will bad outcomes mean we regret we making the effort to try? And why might it get downright ugly?

    
    

    As ever, Sally’s views are her own, and reflect some parting shots as she stands down from her role at the end of July 2023.

    Speaker

    Sally Bridgeland, Local Pensions Partnership

12. 1:55 PM Session Transition

13. 2:00 PM Investment Masterclass III

    Delegates split into fourInvestment Masterclass sessions over the course of the Indaba.

14. 2:45 PM Tea, Coffee, and Networking

15. 3:05 PM Investment Masterclass IV

    Delegates split into four Investment Masterclass sessions over the course of the Indaba.

16. 3:50 PM Session Transition

17. 3:55 PM Impact Investing – LGPS Solving Society’s Problems or Opportunities to deliver Impactful Investment Returns

    It seems Pension Funds but especially the LGPS face ever more demands to invest their money to address not just global issues in terms of climate change and biodiversity but local issues to do with levelling up, funding business etc. Climate change for most has been a big focus in recent years, but how to identify new risks and address these are very much on Fund radars but also focused on opportunities which can still deliver returns but also demonstrate the impacts they can have to their scheme members and wider society. What are the opportunities and risks for Funds?

    Speaker

    Jill Davys, Redington

18. 4:30 PM Closing Remarks

    Speaker

    Dawid Konotey-Ahulu, Co-founder of mallowstreet

19. 4:40 PM Drinks and Networking

20. 6:00 PM End