Asian Private Banker gathers together the key due diligence and fund selector leaders from private banks in Asia, to examine and discuss within and among industry peers the ever changing demands of the Asian client, evolving product shelves and volatile market conditions at the 8th Funds Selection Nexus Hong Kong.
2019 Event Photos
|8:30am – 8:55am||Registration & Breakfast|
|8:55am – 9:00am||Welcome & Opening Comments|
|9:00am – 9:40am||
Leaders Conversation Panel 1 | Selectors in debate: 2019 and beyond
Challenging markets and broad uncertainty have made for a mixed bag of successes and setbacks this year. Fixed income strategies have dominated flows, as have multi-asset plays; select thematics remain attractive as long-term plays although equity strategies, in general, are struggling to garner flows; and alternatives, particularly real estate and infrastructure, have proven popular. But with cash levels still high, the quality (and prescience) of banks’ advisory is very much under the microscope.
As we enter the fourth quarter, Asia’s preeminent fund selectors take stock of the year that has been and, importantly, share their priorities for Q4 and beyond.
Where are clients’ mindsets at this juncture and what are they asking for? What are their needs? Where do the opportunities lie across asset classes? Where are the product gaps and what is on selectors’ wishlists?
|9:45am – 10:15am||Workshop Rotation 1|
|10:20am – 10:50am||Workshop Rotation 2|
|10:55am – 11:25am||Workshop Rotation 3|
|11:35am – 12:15pm||
Leaders Conversation Panel 2 | Taking stock of Asia’s fixed maturity frenzy
Following sharp declines at the end of 2018, the fixed income market has witnessed a strong rebound year-to-date with both riskier and investment grade bonds performing well owing to a combination of dovish central banks and improved risk-on sentiment. Spurred on by a longer-than-expected rally, the region’s cash-rich investors are entering markets again but are still drawn to the safer shores of fixed income.
As cautiously optimistic clients dip their toes back in the water, FMPs have gained traction, gathering billions of dollars from Asia’s private banking clients. What are the strengths and weaknesses of FMPs? Are fixed maturity products a sustainable solution at this juncture? And which other fixed income strategies are resonating with clients?
|12:15pm – 1:15pm||Networking Luncheon|
Workshop Topic Details
Workshop 1 | Stay ahead with Allianz Thematica – Participate in structural shifts by investing in the most exciting themes of our era
We live in a world that is constantly evolving. To stay ahead, we must engage with a rapidly-changing landscape, understand the drivers behind this change, and assess its impact. When we look beyond the ebb and flow of political and economic news cycles, we can see certain megatrends that are producing major long-term shifts: innovation, demographic change, resource scarcity, and urbanisation. Allianz Thematica aims to identify the investment opportunities that arise from these structural shifts by investing in the themes best positioned to benefit from these long-term fundamental changes. Thematic investing is a way of tuning out the noise, identifying the underlying long-term patterns and helping our clients to benefit from them. Allianz Thematica helps investors to stay ahead of the curve with a highly adaptable portfolio, always investing in the most promising areas of tomorrow’s global economy.
Holger Wehner, CFA, CAIA Director, Head of Equity Product Specialists Europe, Allianz Global Investors
Workshop 2 | Capturing high income through market cycles
As uncertainty rises in the current low interest rate environment, investors in search for yield could be faced with challenges of finding the right balance between returns, income and risks. In such a circumstance, strategies that focus on the higher-yielding part of the fixed income universe could provide income and diversification benefits for investors.
In this workshop, Investment Specialist Keiyo Hanamura highlights how the flexibility to invest in both corporate high yield and emerging market debt could offer greater diversification while keeping risks in check. He will also elaborate on Capital Group’s collaborative decision-making process that helps our portfolio managers select individual securities to capture attractive income over the long term.
Keiyo Hanamura, Investment Specialist, Capital Group
Workshop 3 | Assessing Asia’s rapid growth story: Picking long term winners
Driven by a raft of secular drivers, Asian economies are growing at a pace that far outstrips the developed world. However, many investors find it difficult to convert the potential into meaningful returns. Explore how Martin Currie’s unconstrained Asian equity capabilities can translates the region’s growth opportunities into long term outperformance.
Paul Danes, Portfolio Manager, Asia, Martin Currie (a wholly owned subsidiary of Legg Mason)
Workshop 4 | Embracing the Trends of Tomorrow, Today
Increased urbanisation. An ageing and shrinking workforce. Adapting to climate change. These are just some of the long term structural shifts that we see today and which we will increasingly need to face tomorrow.
Thematic investing focuses on markets that are growing faster than the broader global economy due to a range of long-term, secular growth drivers – contributors to the economy that remain consistent over time rather than based on seasonal or cyclical trends. It seeks out the businesses that will be at the forefront of long-term themes and identifies companies best positioned to benefit from the “primary forces” which are believed to be the root causes of global disruption – namely demographics, innovation, globalization and scarcity.
Thematic investing represents an attractive and differentiated investment opportunity which captures the innovation and trends that are shaping tomorrow’s world.
Karen Kharmandarian, Chairman & CIO, Thematics Asset Management