Thursday, April 26, 2018
9am – 2pm (lunch included)
Hotel Le Royal
12, Boulevard Royal, 2449 Luxembourg
Tim Vanvaerenbergh
CEO
LuxHedge
Drew Figdor
Portfolio Manager
Tiedemann Investment Group
Wolfgang Bauer
Co Portfolio Manager
M&G Investments
Emma du Haney
Senior Fixed Income Specialist
Insight Investment
Chris Childs
Director Systematic Strategies
BMO Asset Management
“Diversification is the only free lunch in Finance.”
– Harry Markowitz
All investors realize the need to diversify and build robust portfolios that withstand the sell-offs to come, using products that are regulated and liquid. This is precisely what Alternative UCITS funds have to offer. They are designed as portfolio “shock absorbers” during periods of stress and focus on genuine diversification by delivering absolute returns, de-correlated from equity and fixed income markets. Historically restricted to a small privileged audience, a broad range of Alternative strategies is now widely available in a regulated, liquid UCITS form. LuxHedge is the specialist data provider and knowledge center in this fast growing market. On this event for professional investors, 4 alternative fund managers will present their story, their approach to generate added value and their investment strategies that deliver absolute returns.
09:00 – 09:30
Welcome & Registrations
09:30 – 09:50
Alternative UCITS: Market overview, trends, fund selection & portfolio construction
Tim Vanvaerenbergh, CEO LuxHedge
10:00 – 12:55
In depth on Alternative Strategies
Merger Arbitrage – Tiedemann Investment Group
Drew Figdor
Portfolio Manager
Absolute Return Bonds – M&G Investments
Dr. Wolfgang Bauer
Co Portfolio Manager
Long/Short Credit – Insight Investment
Emma du Haney
Senior Fixed Income Specialist
Quant Equity Market Neutral – BMO Asset Management
Chris Childs
Director Systematic Strategies
13:00 – 14:00
Lunch
Lyxor Asset Management Group is a European asset management specialist, an expert in all investment styles, active, passive or alternative. From ETFs to multi-management, with EUR 138.7 billion under management and advisory (as of end of January 2018 and includes EUR 20.2 bn of assets under advisory).
Tiedemann Investment Group was founded in 1980 by Carl H. Tiedemann. TIG Advisors, LLC, an SEC registered investment adviser, currently manages alternative investment funds across two distinct strategies. TIG’s investment managers focus on capital preservation and uncorrelated returns.
Lyxor / Tiedemann Arbitrage Strategy Fund
The fund invests in global securities that are, or may become, subject to a corporate action or event and will trade primarily in connection with announced transactions. Such an event might include a tender offer, merger, liquidation, recapitalization, spinoff, proxy contest or exchange offer. The strategy seeks to maximize risk-adjusted returns by investing in complex deals with wide price spreads. Drew Figdor has been the portfolio manager of the inception of the strategy in 1993.
M&G Investments is one of Europe’s largest active asset managers*, known for its conviction-led and long-term approach to investing. These timeless investment principles are core to our business and remain as relevant today as when we launched the UK’s first mutual fund back in 1931. M&G is focused on developing partnerships with our clients globally. For over 85 years we have been developing funds across the key asset classes, covering fixed income, equity, multi-asset and real estate. Today, our total assets under management have grown to $382.8 bn**.
*Source: Broadridge FundFile. AUM data as at 30 June 2017. Figures in Euros. Data based on AUM of European and cross border active assets only. M&G AUM data sourced internally and refers to M&G retail active AUM.
**Source: M&G Statistics, as at 30.09.2017.
M&G Absolute Return Bond Fund
The M&G Absolute Return Bond fund aims to deliver combined income and capital growth of at least the cash rate plus 2.5% a year (before charges) over any three-year period and in any market condition. The cash rate is based on the three-month GBP LIBOR, the rate at which banks borrow money from each other.
The fund aims to achieve this while seeking to limit losses and minimise the degree to which the value of its assets changes over time. Managing the fund in this way reduces its ability to achieve returns significantly above three-month GBP LIBOR plus 2.5%.
BMO Global Asset Management is the asset management arm of BMO (Bank of Montreal). It’s aim is to provide high quality investment solutions through our investment centers in London, Chicago, Toronto and Hong Kong, together with those in a suite of specialist investment boutiques like Insight Investment.
BMO Global Equity Market Neutral Fund
The performance potential of defined investment styles – or style premia – is widely recognised in academic research and increasingly, by investors. Drawing on our capabilities in managing systematic investment strategies, the Global Equity Market Neutral Fund aims to offer access to the potential benefits of multiple ‘styles’ in a single portfolio.
BNY Mellon’s multi-boutique model encompasses the skills of specialised investment managers. Each is solely focused on investment management and each has its own unique investment philosophy and process. Insight Investment, a BNY Mellon Company, is a leading global asset manager with over €650bn of assets under management (as at 31 December 2017).
Insight delivers bespoke risk management solutions to a wide range of clients across active fixed income, liability-driven investment (LDI), liquidity, absolute return, multi-asset, currency risk management, specialist equity and farmland strategies.
Absolute Insight Credit Fund
In an uncertain world, the freedom to invest across the most attractive opportunities in global credit markets – including asset-backed securities, loans and derivatives, as well as corporate bonds – can offer the potential for appealing returns through changing market conditions.
The Absolute Insight Credit Fund, managed by experienced credit specialists and supported by Insight’s broader fixed income team, has the freedom to invest both long and short across credit types. The Fund seeks to identify idiosyncratic credit opportunities and exploit pricing anomalies as well as directional views. It aims to generate returns from manager skill rather than being reliant on rising markets.