Programme

Kimpton Charlotte Square Hotel, Edinburgh
24 - 25 October 2019
Kimpton Charlotte Square Hotel, Edinburgh
24 - 25 October 2019

The Kimpton Charlotte Square Hotel, Edinburgh
24-25 October 2019
The challenge of being overfunded and where next to invest

THURSDAY 24 OCTOBER

12:15 – 13:15

Registration and light lunch

13:15 – 13:30

Welcome from the chair

William Marshall, Head of LGPS Investment Clients, Hymans Robertson

13:30 – 14:10
​Session 1

Update on the SLGPS structural review Consultation

Stephen Smellie, Member, Scottish Local Government Pension Scheme Advisory Board

14:10 – 15:10
Session 2

The infrastructure and housing challenge

Investigating the housing crisis and what the implications are for the LGPS.

Exploring the latest developments in infrastructure.

Discussing how to make money out of the affordable housing market.  

Focusing on how regeneration and investing locally can be carried out with particular focus on overcoming the challenges and barriers.  

Richard McIndoe, Director, Strathclyde Pension Fund

Bill Hughes, Head of Real Assets, Legal & General Investment Management

John Watson, Operating Principal, Global Infrastructure Partners

15:10 – 15:40

Refreshments and networking

15:40 – 16:30
Session 3

 

 

 

 

 

 

 

 

 

Defining what ESG means: distinguishing between what is real and what is greenwashing.

  • Exploring the difference between risk adjusted returns and targeting broader societal goals
  • Who should determine ESG criteria - asset owners or asset managers
  • Identifying what is real and what is green washing
  • How important to you is it that the goals of the asset manager and asset owner are aligned?
  • Many asset managers are using the same tools and data sources, how important is it to funds that managers have a proprietary approach?

 

Jennifer Anderson, Co-Head of Sustainable Investment and ESG, Lazard Asset Management

Katy Grant, Senior ESG Investment Analyst, Aberdeen Standard Investments

 

 

 

 

 

16:30 – 17:30
Session 5

Discussion session: how aligned is your scheme’s approach to climate change, to your council’s policy 

With climate change gaining increasing prominence for councils, what implications are there for your pension scheme. 

The aim of this discussion session is to share your fund’s experience around the table, determine any discrepancies and identify any actions the fund could take, working with the Council.

Session led by:

David Murphy, Chief Executive and Secretary, NILGOSC

Marion Maloney, Policy Governance and Risk Manager, The Environment Agency

19:00

Networking Reception

19:30

Dinner

FRIDAY 25 OCTOBER

08:25 – 08:55

Refreshments and networking

08:55 – 09:15

Welcome from the chair

Hot topics from around the LGPS   

William Marshall, Head of LGPS Investment Clients, Hymans Robertson
Richard Warden,
Actuary, Hymans Robertson 

09:15 – 10:05
​Session 6

What is keeping the investment managers awake at night?

Topical session on the latest developments which are on the investment managers’ radar and which funds should be focusing on next. This will include insight on the timing and nature of a possible recession and the failure of monetary stimulus and growing inequality. 

Sorca Kelly-Scholte, Managing Director, Head of EMEA Pensions Solutions & Advisory, J. P. Morgan Asset Management

David Parsons, Director, Fixed Income, M&G Investments

10:05 – 10:55
Session 7

Investment strategy and the challenge of being an overfunded fund

Balancing de-risking and reducing contribution rates while still protecting your funding position from market volatility – insight on how to deal with that challenge. What’s the perfect number to be funded at?  

Laura Colliss, Pensions Manager, North East Scotland Pension Fund 

Eric Lambert, Independent Investment Adviser

Barry McKay, Partner and Fund Actuary, Barnett Waddingham

10:55 – 11:20

Refreshments and networking

11:20 – 12:10
Session 8

Investing in renewable energy: the opportunities and pitfalls 

Decarbonisation is an ever increasing hot topic for pension funds. Discussing how developments in renewable energy are transforming the way we think of the power sector.  Outlining the opportunities to be explored and the pitfalls to be avoided. 

Simon Eaves, Head of Clean Energy, Capital Dynamics 

Alan Synnott, Global Head of Research & Product Strategy, BlackRock Real Assets

12:10 – 12:50
Session 9

Ten occasions when Shakespeare could have been writing about the LGPS in 2019

Doug reflects on his first six months of experience in LGPS and gives a newcomer’s view on some of the opportunities and challenges the Scottish Funds face, introduced with some foretelling extracts from Shakespeare.Doug reflects on his first six months of experience in LGPS and gives a newcomer’s view on some of the opportunities and challenges the Scottish Funds face, introduced with some foretelling extracts from Shakespeare.

Doug Heron, Chief Executive, Lothian Pension Fund

12:50

Closing remarks

William Marshall, Head of LGPS Investment Clients, Hymans Robertson

13:00

Lunch and depart

© EMAP 2019. The programme may change due to unforeseen circumstances. EMAP reserves the right to alter the venue and/or speakers.

By continuing to use the site you agree to our cookies policy. Accept