Adrian Bender joined Vontobel Asset Management as Client Portfolio Manager in July 2016. In this role, he is the focal point for all marketing and sales related work streams for the Flexible Bonds and Emerging Markets Bonds product range, addressing queries as well as representing the portfolio managers in client meetings.
Prior to joining Vontobel, from 2010 to 2016, he was a Senior Product Specialist at Amundi in London and responsible for Global Fixed Income (Emerging Markets Debt, Global Credit, Global Sovereign), Absolute Return and Forex assets. In his most recent function, he was Head of the GFI Product Specialists at Amundi, servicing sales managers and their institutional, distribution, insurance and corporate investors globally. Adrian has more than 20 years of industry experience and worked in different client facing and product specialist roles at Banque Credit Lyonnais, Credit Agricole and Amundi in Paris and London.
Adrian Bender holds a BA in European Business Administration from Middlesex University -ESC Reims (CESEM).
Topic: The Emerging Universe of Opportunities
The emerging market bond asset class tends to be driven by short-term news flow, which often takes precedence over fundamentals, resulting in irrational investor behavior. This creates mispricing scenarios which can be exploited by active investors who are able to take a contrarian view when markets behave whimsically. At the heart of our investment philosophy we want to capture value and event-driven opportunities.
The implementation of our investment philosophy is tailored to the unique characteristics of each of these segments. In hard-currency debt, the focus is on value-driven inefficiencies. In corporate bonds, we see also plenty of event-driven opportunities we can capture. In local-currency debt, we apply a broader approach that mixes bottom-up elements with top-down considerations, such as governance and structural development of emerging market countries.
Join us to learn more about our high-conviction and contrarian approach, combining bottom-up and relative-value strategies in order to extract alpha from this emerging universe of opportunities.
Damien joined Finisterre in 2015 and is CIO for the EM Total Return Strategy. From 2010 to 2015 prior to joining Finisterre he was Global Head of EM Fixed Income at AXA Investment Managers. Previously he was Head of EM Proprietary Trading and Structuring for French-Belgian bank Dexia and before that Deputy Head of Alternative EM Funds at Barep-AM, the alternative arm of Societe Generale. Damien is a graduate of EDHEC Business School and is a CFA Charterholder.
Topic: EMD Total Return: An efficient “all-weather” strategy
Finisterre believes that 2020 is the year of “alpha” diggers, relative value traders, and market timers in the EMD arena. This will require EMD investors to adopt less traditional approaches in order to extract value from what will likely be more of a range-trading environment with a persistently high level of return dispersion. Finisterre’s Total Return CIO, Damien Buchet, will share his views on the outlook for emerging market debt, the parts of the market that he is finding interesting and what makes Finisterre’s EMD total return product an efficient “all-weather” strategy.
Michele Gambera is Co-Head of Strategic Asset Allocation Modeling. In this role he co-leads the team developing and maintaining quantitative models in asset allocation for both clients and the portfolio management teams in Investment Solutions.
Michele joined UBS Asset Management in 2010 from Ibbotson Associates, Morningstar’s asset allocation consultancy, where he had been Senior Research Consultant and Chief Economist since 2006. In his
more than nine years at Morningstar, he was also a Senior Quantitative Analyst and then Chief Economist for Morningstar Associates LLC. Prior to joining Morningstar, he worked for the Federal Reserve Bank of Chicago for two years as an Economist in the Supervision and Regulation division.
Alongside his extensive economic and quantitative analysis experience, Michele has a strong academic background and has held various teaching roles, most recently on the Master of Quantitative Finance program at University of Illinois. He is often quoted by the press including the Wall Street Journal and the New York Times.
He is a member of the Chicago Quantitative Alliance and the CFA Society of Chicago.
Topic: Economic and market outlook.
Michele will start from the current macroeconomic conditions to provide the UBS Investment Solutions short-term outlook for a wide range of asset classes and currencies. Moreover, he will share the team's 5-year projections for the main asset classes, which are generally low, and will discuss the challenges for retail and institutional investors in a low-return environment.
Puneet Singh, Portfolio Manager in the Global Emerging Market Debt team at Mirabaud Asset Management, co-manages the Mirabaud – Emerging Market Bond fund, Mirabaud – Emerging Market 2024 Fixed Maturity fund, as well as the Mirabaud - Emerging Market 2025 Fixed Maturity fund.
Prior to joining Mirabaud Asset Management in October 2018, Mr. Singh was a Portfolio Manager at Blackrock focusing on Emerging Market Debt for over two years. Previously, Mr. Singh spent three years as a Structurer within the Emerging Market Credit Trading and Structuring team at Citigroup. He began his financial markets career at UBS Investment Bank in 2005 within the Credit Fixed Income business before moving to Commerzbank AG and then Barclays Capital.
Mr. Singh is a Chartered Certified Accountant and holds an MBA from INSEAD. He is also a CFA Charterholder.
Topic: A Blended Approach to Emerging Market Debt Investing.
A unique, unconstrained but risk managed approach to investing that is based on the characteristics and market structure of Emerging Market Debt instead of the constituents of the benchmarks.
Tommaso Migliore is the CEO and Co-founder of MDOTM, a fintech startup that develops AI-driven investment strategies and acts as an advisor to institutional investors. Two years ago, MDOTM was the only European fintech company selected by Google for Entrepreneurs to take part in its accelerator program in Silicon Valley and closed its first funding round raising € 2 million from a combination of institutional investors and finance professionals to fund its international scale-up. Tommaso obtained a master’s degree in Finance from UCSC Milan and a Global Management certificate from Stanford University. He played ice hockey at a professional level for 10 years, representing Hockey Club Milano and the Italian National Team as Captain.
Topic: Artificial Intelligence in the Investment Process
AI and Machine Learning mark a pivotal transition from human and statistical reasoning to a new era of assisted decision-making. In this scenario, MDOTM has developed quantitative investment methodologies that exploit machine learning and big data to recognize information hidden in the noise and adapt to changes in financial markets. This presentation will explain the methodology developed by MDOTM which uses AI to analyse the market and create bespoke investment solutions that can be directly applied in the investment process of financial institutions.
Sara Silano has been in Morningstar for 17 years and she is Editorial Manager. Since early 2016, she has been Sustainability Specialist for Morningstar in Italy, in charge of leveraging the research on sustainable investments. She sits in Morningstar ESG Thought Leadership Team and the Global Editorial Board. She has a deep knowledge of asset management industry, mutual funds, ETFs and pension funds. Silano, who joined Morningstar Italy in 2003, graduated in Communication at Torino University. Before joining Morningstar, she worked in Bloomberg. In 2018, she won State Street Press Award.
Antonio Anniballe is a Portfolio Manager and a member of the Multi Asset Class Solutions (MACS) Investment Team.
He is responsible for the management of multi asset funds and institutional mandates. He joined GAM in October 2005 as an assistant portfolio manager, having previously completed an internship with GAM Italy. Antonio holds a MSc in Economics and Finance from the Bocconi University and is a CFA charterholder. He is based in Milan.
Mariano Gambaro is head of Advisory HNWI of Baca Finnat, where he also plays an active role as Portfolio and Risk Manager. Previously, he was the Team Leader of Pioneer IM Quant Equity Desk in Dublin. He previously worked first in risk management and later as portfolio manager at Capitalia AM. From wealth management to the High Net Worth (HNW/PWM) business, his experience in Asset Management allows him to manage the Advisory’s business with a proprietary platform that can provide innovative investment solutions to help clients achieve real financial goals. Graduated in Economics he obtained also an MBA. He is part of the realization of the first course in Italy on Fintech (Foundation of Banking & Fintech).
Stefania is Head of Multimanager in Anima SGR and holds a Degree in Economics and a Masters In International Finance (MIF, Almo Collegio Borromeo), Pavia.
She started her career in the asset management industry in 2002 at MPS Asset Management, as a fund of funds analyst and then as a Portfolio Manager.
In 2009 she joined Prima SGR and Anima SGR subsequently, where she became a Senior Portfolio Manager and was directly involved in third party Fund Selection activity.