Cape Town - Century City Conference Centre

Agenda


Monday 5 March 2018
Panel
Active or passive investing for long-term alpha?
Duncan Artus argues for active investing regardless of the market cycle. Gareth Stobie counters with the merits of passives in portfolio construction. Let the battle begin!
Allan Gray
Duncan Artus
CoreShares
Gareth Stobie

Panel chaired by: John Kinsley
Presentation
Investing in a world obsessed with today
Looking beyond short-term uncertainty by diversifying and avoiding the herd… simple but not as easy as it sounds.
Investec
Clyde Rossouw
Presentation
Progress rarely comes as a result of being passive
Equity Portfolio Manager Johny Lambridis asks if passive investing is the answer to South African advisers’ and their clients’ needs, and can you afford to be passive?
Prudential
Johny Lambridis
Panel 1
Hanging in the balance
SA Balanced funds have generally underperformed their targets over the last 2 years. How likely are these funds to achieve inflation +5% over the next 2 years and what are their drivers?
Absa
Kurt Benn
Nedgroup
Omri Thomas
PSG
Paul Bosman

Panel chaired by: Joanne Baynham
Panel 2
SA Inc: Risk-on?
In spite of the recent rally, SA Inc. remains in trouble. Our panel of equity portfolio managers debate whether a buying opportunity still exists or if it’s risk-off for SA Inc. Watch as they uncover the opportunities and risks in some of their SA stock picks.
Coronation
Quinton Ivan
Old Mutual
Peter Linley
Rezco
Rob Spanjaard

Panel chaired by: Andries Kotzee
Breakaway 1
Compete, Innovate, Disrupt! #fakenews or #newtruth?
Coronation
Pieter Koekemoer
Peter Kempen
Breakaway 2
What does Trumponomics mean for investors?
Old Mutual
Justin Wells
Siboniso Nxumalo
Breakaway 3
What really happens to markets when QE ends?
Rezco
Rob Spanjaard
Simon Sylvester
Breakaway 4
Value investing is dying. What happens next?
Schroders
Kevin Murphy
Breakaway 5
Buy good companies, don’t overpay, do nothing
Fundsmith
Mark Laurence
Lunch
Panel
Where is the value?
Our panel of global fund managers debate the value of their rather different investment approaches and discuss the merits of how they are deploying capital at the moment.
• Themes, styles or valuation: what should drive tactical asset allocation decisions?
• Are macro or micro factors more important?
• Can global allocators outperform specialists with a narrower focus?
• Views on equities, real estate, bonds, alternatives and risk management strategies.
Coronation
Neil Padoa
BlackRock
Charlotte Solomon
Fundsmith
Mark Laurence

Panel chaired by: Robin Johnson
Panel
Ignore the noise… the JSE is deaf
The Ramaphosa-rally has changed sentiment but will it translate into sustainable economic growth and business confidence? Building your portfolio in reaction to news flows can be expensive.
• Lower rates will spark growth
• SA GDP growth matters to equity valuations
• FDI drives valuations, not fundamentals
• The party starts when corporates stop hoarding cash
• The rand hardly impacts corporate profits
Prudential
Johny Lambridis
PSG
Shaun le Roux
STANLIB
Herman van Velze

Panel chaired by: Ian Jones
Breakaway 1
How to construct portfolios to provide sustainable income
Allan Gray
Shaun Duddy
Breakaway 2
Seek income and manage risk
BlackRock
Charlotte Solomon
Breakaway 3
Demystifying alpha generation through special situations
Laurium
Murray Winckler
Brian Thomas
Breakaway 4
Finding alpha generating ideas in an irrational world
PSG
Greg Hopkins
Breakaway 5
Protecting capital, maximising returns and generating income
STANLIB
Kevin Lings
Marius Oberholzer
Breakaway 1
Fixed Income investments for all seasons
Absa
Eben Maré
James Turp
Breakaway 2
The future of asset management is now
Ashburton
Murray Anderson
Navin Lala
Breakaway 3
Investing in a world of powerful, yet unsustainable forces
Kagiso
Gavin Wood
Breakaway 4
Stop! Reimagine your portfolio and allocations
Nedgroup
Robin Johnson
Jannie Leach
Breakaway 5
What does Trumponomics mean for investors?
Old Mutual
Justin Wells
Siboniso Nxumalo
Cocktails

Tuesday 6 March 2018
Panel
Our best ideas!
Some of SA’s best managers look across all asset classes to identify their single best idea to generate alpha in a multi-asset portfolio.
Allan Gray
Andrew Lapping
Nedgroup
Iain Power
Rezco
Rob Spanjaard

Panel chaired by: Ian Jones
Presentation
Building resilient portfolios - the 2018 edition
When fund managers talk to their clients, the focus is often only on the opportunities most likely to add alpha. However, managing uncertainty by constructing portfolios that do well under different scenarios is as, if not more, important. Find out how we balance the pursuit of opportunities and the management of risk in the current environment.
Coronation
Neville Chester
Presentation
Why incentives and the truth matter in investing
Allan Gray
Andrew Lapping
Break
Breakaway 1
Capturing alpha in a captured South Africa
36ONE
Cy Jacobs
Breakaway 2
Investing in a world of powerful, yet unsustainable forces
Kagiso
Gavin Wood
Breakaway 3
Demystifying alpha generation through special situations
Laurium
Murray Winckler
Brian Thomas
Breakaway 4
Living annuity crisis: Fact or Fiction?
Prudential
Pieter Hugo
Breakaway 5
Value investing is dying. What happens next?
Schroders
Kevin Murphy
Breakaway 1
Capturing alpha in a captured South Africa
36ONE
Cy Jacobs
Breakaway 2
The future of asset management is now
Ashburton
Murray Anderson
Navin Lala
Breakaway 3
Lessons learnt from 20 years of investing
Investec
Clyde Rossouw
Breakaway 4
Protecting capital, maximising returns and generating inc
STANLIB
Kevin Lings
Marius Oberholzer
Breakaway 5
Buy good companies, don’t overpay, do nothing
Fundsmith
Mark Laurence
Breakaway 1
Fixed Income investments for all seasons
Absa
Eben Maré
James Turp
Breakaway 2
Seek income and manage risk
BlackRock
Charlotte Solomon
Breakaway 3
Stop! Reimagine your portfolio and allocations
Nedgroup
Robin Johnson
Jannie Leach
Breakaway 4
Finding alpha generating ideas in an irrational world
PSG
Greg Hopkins
Breakaway 5
What really happens to markets when QE ends?
Rezco
Rob Spanjaard
Simon Sylvester
Panel
Show me the alpha!
Global equity managers need to deliver alpha to their customers but are coming off an enormous rally while facing unprecedented political risks, the rise of passives and digitalization. Our global panel gives insight into how they plan to deliver alpha.
• Is there any value left out there?
• What does contrarian mean today?
• Can deep value mitigate risk?
• Where is the next bubble?
• Is a bear market overdue?
• Can you hedge to safety?
Investec
Clyde Rossouw
Orbis
Simon Skinner
Schroders
Kevin Murphy

Panel chaired by: Rory Maguire
Lunch