Thomas Anglero is the Director of Innovation for IBM Norway with 25 years of technology experience. Thomas is one of the most exciting and sought after public speakers in Europe. He is an expert in “the new culture challenges that comes with the AI revolution”, innovation, and explaining disruption to executives. In 2017 and 2018, Thomas keynoted at over 100 conferences to over 50,000 people and consulted executive leader groups and government officials throughout Europe. Glad to be a part of the 2020 Nordic Summit in Stockholm as the keynote, Thomas will be speaking to delegates about the Artificial Intelligence in business as well as the future of other Technologies and how this could impact the typical asset management industry as well as and how the typical asset manager can cope with an ever changing technological world.
Ulrica Slåne Bjerke has 30 years of experience as an investment professional. Prior to founding Arctic Aurora LifeScience in 2016 she successfully managed a biotech mandate at the Swedish pension fund AP3 for 10 years. Before joing AP3, Ulrica was a top-ranked sell-side healthcare analyst at leading Nordic investment banks including SEB Enskilda and Carnegie. Ulrica holds a MBASc from the Stockholm School of Economics, a CEFA and has studied medicine studies at Karolinska Institutet in Stockholm.
Topic: Capturing the value in healthcare innovation
Arctic Aurora LifeScience is a global equity fund with an investment focus on innovative pharmaceutical and biotechnology companies. Scientific advances that have helped us understand human biology and genetics, in addition to faster and more precis drug development capabilities, have led to fast growth and exciting prospects in this sector. The fund’s investments build on new and clearly differentiated therapies that answer to large and difficult unmet medical needs. The investment team has vast experience in the pharmaceutical industry and equity management, as well as genuine technical insights into the scientific and medical matter that surrounds biotechology investments. Arctic Aurora LifeScience is a part of Arctic Fund Management with offices in Oslo and Stockholm.
Dominic joined the Frontier market team at Fiera Capital (Europe) in 2013 and was named Chief Investment Officer (European Division) in 2019. He previously held a series of senior positions at Morgan Stanley, Goldman Sachs and, from 2006, Renaissance Capital, the EMEA investment bank operating in high-opportunity emerging and frontier markets. He began his career in financial services in 1989, initially specialising in closed-end funds and then, from 1992, in emerging markets. Between 1995 and 2002 Dominic worked for Regent Pacific, from which Fiera Capital was demerged, where he was responsible for 23 Eastern European funds.
Dominic is an economics and statistics graduate from the University of Exeter.
Topic: Emerging Markets - asset class or opportunity set?
In line with recent de-globalisation policies (Brexit, Trade wars etc), we see a similar trend in Emerging Markets where countries and regions are becoming less correlated with the difference between winners and losers getting even larger. As a result, opportunities arise in pockets of strong growth, be they countries, regions or sectors, where a changing political or economic landscape gives way for new industries to flourish even in the absence of global top-down drivers.
With this understanding, Fiera Capital focuses on picking stocks producing both absolute and relative outperformance – which bears no relevance to their benchmark weighting. Our investment philosophy is borne across the geographic and market capitalisation spectrum of Emerging Markets, highlighting areas of underappreciated growth that are ripe for investment.
Björn Esser has been a Portfolio Manager in the Quantitative Investment Solutions team at MainFirst since 2016. Previously, he worked at Allianz Global Investors from 2010 as Senior Portfolio Manager in the Multi-Asset area and most recently managed a volume of almost 18 billion euros. In addition, he is involved in the CIIA and AIM (Applied Investment Management) training courses as a lecturer in asset allocation. Björn Esser studied at the University of Applied Sciences Gelsenkirchen and holds degrees in business administration as well as Certified European Financial Analyst (CEFA) and Certified International Investment Analyst (CIIA).
Topic: MainFirst Contrarian Opportunities - Benefiting from Uncertainties In Capital Markets.
Beside the much-discussed alternative risk premia like ‘momentum’, ‘carry’ and equity styles, there is another, rather unconventional, premium. The ‘reversal’ premium captures short-term mean-reversion behaviours within financial markets. By buying securities or markets that are subject to a high selling pressure while selling those everybody likes to own, this strategy acts like a market-maker providing liquidity to financial markets. Especially, when uncertainty/volatility in financial markets is high, fear and greed dictate human behaviour and eventually lead to irrational decisions and mispricings. Mean-Reversion strategies like the MainFirst Contrarian Opportunities Fund seek to exploit those misbehaviours and can deliver attractive returns during periods of market stress. This leads to real diversification benefits and improves a traditional investor portfolio’s risk-return profile significantly.
Ralph Gasser is a Product Specialist, where he covers the segment of fixed-income and hybrid asset classes. Prior to joining GAM investments in August 2002, he spent some 15 years with UBS, where his positions included Head of European Asset-Backed Securities Research in London, senior analyst and transactions manager for structured finance in New York and Zurich, and more than six years as a relationship manager for commercial clients. All in all he has some 30 years of professional experience in the field of traditional and structured interest-rate and credit products. He completed the higher specialist training in Switzerland as a federally certified banking specialist. He is based in Zurich.
Topic: European Subordinated Debt – A Compelling Income OpportunityEuropean subordinated debt continues to be well positioned to deliver high single-digit total returns driven by comparatively high income and modest capital gains, even in this more advanced stage of the global risk cycle. Macroeconomic and issuer-specific credit dynamics are sound and should show further improvements going forward. Current valuations remain attractive relative to corporate credit risk and US preferred securities while market technicals continue to be favourable.
Combined with interest rate correlation dynamics, this makes European subordinated debt one of the most compelling traditional fixed income value propositions currently available – both on a standalone basis and within a wider portfolio construction context – and even more so if the asset class is approached in an unconstrained and well-diversified fashion.
Ryan Reardon is a Vice President at State Street Global Advisors and a Senior Strategist on the SPDR ETF Strategy & Research team for EMEA. His primary areas of focus are in Smart Beta and US-domiciled SPDR ETFs. Ryan joined State Street in July 2008, after graduating from the University of Massachusetts-Amherst with a Bachelor of Science in Managerial Economics. He holds an Investment Management Certificate (IMC) from the UK CFA Society, of which he is a member.
Topic: Drawdown protection in Equity Markets –Smart Beta Defensiveness
European investors are increasingly seeking cost-effective tools to manage risk. Blending smart beta ETFs to long equity positions has helped reduce drawdown risk and protect core equity holdings. Throughout the year investors have incorporated the well-known SPDR Aristocrats range to secure a sustainable income stream, while minimising portfolio volatility. In this session, Ryan will address how smart beta ETFs provide investors the opportunity to introduce a defensive posture into a portfolio via Quality Dividend strategies.
Nitesh is Director of Research at WisdomTree. Prior to the acquisition of ETF Securities in April 2018, Nitesh was a Commodities Strategist for the company. Nitesh has 16 years of experience as an economist and strategist, covering a wide range of markets and asset classes. Before joining ETF Securities, Nitesh was an economist covering the European structured finance markets at Moody’s Investors Service and was a member of Moody’s global macroeconomics team. Before that he was an economist at the Pension Protection Fund and an equity strategist at Decision Economics. He started his career at HSBC Investment Bank. Nitesh holds a Bachelor of Science in Economics from the London School of Economics and a Master of Arts in International Economics and Finance from Brandeis University (USA).
Investing in gold and other precious metals: a source of stability in uncertain times.
Gold performs well when cyclical assets are faltering. It serves as a great hedge in times of uncertainty. With coronavirus casting doubts about the strength of global growth and a year of potential geopolitical turbulence, attention to gold is nearing record highs. Other precious metals have a strong correlation to gold and therefore offer a proxy to gold’s traits, sometimes at lower entry points. Nitesh Shah will discuss his outlook for gold and other precious metals using models he has developed and offer scenarios for what is likely to be a year of uncertainty.
Charlie joined Jupiter in 2000 and is currently Head of Strategy, Environment and Sustainability. He is the manager of the Jupiter Ecology Fund and the Jupiter Responsible Income Fund (Unit Trusts), as well as institutional assets, the Jupiter Green Investment Trust PLC and the Jupiter Global Ecology Growth fund (SICAV). He is also co-manager of the Jupiter Global Ecology Diversified fund (SICAV).
Before joining Jupiter, Charlie spent three years working for BP, first as an environmental policy adviser where he helped develop climate change strategies and sustainable energy policies for the group, and later as a commercial analyst working on new business development. He has also worked for the United Nations Environment Programme as well as other financial institutions.
Charlie has an MSc in Environmental Technology from Imperial College, London and a degree from Nottingham University.
Topic: 2020 the Year the capital markets truly awoke to Climate Change
Charlie Thomas will explore the significant changes in investors and markets views on climate change and others sustainable solutions over the last few years. By better exploring the reasons it will help to understand whether such trends not only sustainable but equally understand some of the opportunities and pitfalls associated with such significant change. Jupiter is uniquely positioned given over 30 years of sustainable solution investing experience and learning.
Jacob Vendelbo joined the ValueInvest Global Equity team in 2005, and ValueInvest joined Macquarie Investment Management in 2018. Jacob is an Investment Director, overseeing institutional client relationships. Jacob began his career in financial services in Denmark in 1991, where he held roles in the private banking sector. Jacob attended the University of Aalborg in Denmark where he gained a Graduate Diploma in Business Administration within Financial and Management Accounting.
Topic: High conviction with a focus on downside risk
During the past decade, and particularly in 2019, global equity markets generated very strong returns. With many global uncertainties, markets might look fragile. Where will they go from here?
Market timing is a challenging endeavour. Missing out during strong markets, or suffering from falling markets, is critical to returns. The Macquarie ValueInvest Global Equity strategy offers a fully invested, long-only strategy for all market environments.
Over its 20-year track record, the strategy lived through several market downturns and delivered significant positive performance that can be attributed to low downmarket capture. As a result, losses – incurred in the years with negative portfolio returns – are recovered more quickly. Jacob Vendelbo will explain how a structured bottom-up stock-picking approach can provide attractive long-term returns.
Thomas Bergstrom has more than 20 years of experience working in the investment industry. He worked at Nordea Investment Management for 13 years working with quantitative research, portfolio construction and risk management of equity, fixed income and balanced mandates. He was senior risk manager for equity focused hedge funds and held the position as senior portfolio manager of alternative investments for 5 years. He is today active with investment consulting and business development in the Nordics for several international asset managers. Strategies covering venture capital, absolute return strategies and private debt/direct lending. He has established several investment programs and actively advises on portfolio construction and investment strategies. Thomas holds a Master’s in Finance/ Economics from the University of Stockholm and a certified alternative Investment analyst (CAIA)
Niclas Hiller has more than 25 years of experience working in the financial industry. He has worked for several institutions and has had positions as a broker, analyst, dealer, portfolio manager and investor. Niclas has had different roles in the start-up and up-building of NBIM (The petroleum fund) and worked several years abroad. Niclas has an degree in finance from the University of Uppsala and Zürich and is a holder of CEFA (Chartered European Financial Analyst) and Advanced degree in Portfolio Theory at Stockholm Business School. Niclas Hiller joined Formuesforvaltning and Burenstam & Partners in 2010: Niclas is CIO Chief Investment Officer and part of the management group and responsible for an investment team of 20 people. Formuesforvaltning & Burenstam manage and advice on more than 90 bn SEK in assets.