08.30

Welcome address by ALFI

  • Corinne Lamesch

    Corinne Lamesch Chairperson Association of the Luxembourg Fund Industry (ALFI)


08.35

Introduction by the Chairperson of the day


08.40

In conversation with Howard Marks

Oaktree is a leading investment management firm managing more than $150 billion in assets. Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm’s adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction. Howard is well known to the investor community for his “memos” to clients. Warren Buffett once said “When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something.”

  • Howard Marks

    Howard Marks Co-chairman & Co-founder Oaktree Capital Management, L.P.

Interviewed by:


09.05

Sustainable Investment Funds in Europe – Latest trends and market developments

Leveraging on the Sustainable Investment Fund Study 2021 commissioned by ALFI, Hortense Bioy, Global Head of Sustainability Research, Morningstar and Arnd Hesseler, Executive Manager and Head of Luxembourg office, zeb, will give an overview of the current landscape of sustainable funds across Europe.
How have asset managers positioned themselves in categorising their funds in article 6, 8 or 9? What is the appetite of end-investors and distributors for sustainable funds? Which asset classes and which strategies are most successful? Hear from two leading experts in the field.


09.20

Distributing ESG and impact investment solutions: do old recipes still work?

What does it take to successfully distribute an ESG or an impact investment product? How do you stand out in an ever growing crowd of such products? And if such investments are favoured by younger investors, can you simply use the same distribution channels?

During an interactive panel discussion, we will propose answers to these questions and many more, taking into consideration the latest trends and innovations observed.

Moderator

  • Steven Libby

    Steven Libby Asset & Wealth Management (‘AWM’) EMEA Leader, Partner PwC

Panellists


10.10

Broadridge Distribution Achievement Awards 2021


10.15

Hot Topics from the Sharp End of Distribution

What’s happening in the real world of gathering and retaining investor capital into a Luxembourg cross border fund? Are Luxembourg funds still sold successfully into the UK post Brexit? Can Asset Managers still base their European sales teams in the UK? What are the biggest practical hurdles to successful cross border distribution in Europe and beyond? If a KIID were designed by an Asset Manager what would it look like, and how would an Asset Manager “inform” investors? Hear from two seasoned and senior Asset Manager executives in conversation, as they share their anecdotes, tactics and strategy from the sharp end of distribution.

  • Dan Rudd

    Dan Rudd Head of External Wholesale UK, Ireland & Middle East HSBC Global Asset Management (UK) Limited


10.35

Private Debt Funds: the Who, the Why and the How of Fundraising in Europe

This panel will discuss the current trends in fundraising for private debt funds, from both a GP and LP perspective. Private debt has been growing fast in the last few years, in particular due to the attractiveness of the asset class for insurance companies and other institutional investors.
Our panellists will share their views on the driving forces behind the European private debt funds market, opportunities for growth and the products that will be coming to the market tomorrow.

Moderator

Panellists


11.00

Retailisation of private assets

Without any doubt, private assets including private equity and venture capital, real estate, infrastructure, private debt have grown to a significant asset class within the fund industry. So far, access to this asset class was granted mainly to the large institutional investors. As an appealing alternative and possibility for diversification, retail investors increasingly become attracted to such alternative funds.
But are they fully aware of the differences and constraints compared to a UCITS? How does the industry adapt to this new dimension? What are the opportunities and the challenges? Will it be the revival of the ELTIF or are there other possibilities? Listen to our experts sharing their experiences and views.

Moderator

  • Vanessa Camilleri

    Vanessa Camilleri Head of Office, Member of Management Partners Group (Luxembourg) S.A.

Panellists


11.30

Broadridge Distribution Achievement Awards 2021


11.35

Masterclass facilitated by UBS

Will ELTIFs awake from their state of “sleeping beauty”

Until now the ELTIF regime has not led to the expected success. What is needed to boost such structures and will the amendments under discussion close the existing gaps for an attractive solution allowing a certain “democratisation of private assets”?

Moderator

Panellists

  • Markus Pimpl

    Markus Pimpl Managing Director, Distribution Partners and Liquid Private Markets Partners Group


12.20

Masterclass facilitated by State Street

Enhancing and developing inclusion & diversity in a virtual work environment

Our working environment has changed dramatically over the last 18 months. Undoubtedly, the management style needs to adjust to new challenges we have been facing within the virtual teams. During the panel discussion, we will explore the multiple facets of inclusion and diversity and how the latter in all forms is embraced, acknowledged and developed within a continued virtual working environment. Our speakers will share their experience on how the companies create an inclusive environment where employees feel comfortable, supported and respected in bringing their ‘whole self’ to work. We will also hear insightful suggestions and practical tips on how to identify, nurture, encourage and promote diverse talents.

Moderator

  • Samantha Kemsley

    Samantha Kemsley Global Delivery EMEA CAO & Chair of Inclusion & Diversity State Street Luxembourg

Panellists

  • Bill Gourlay

    Bill Gourlay Managing Director Independent Consultants Network


13.05

Session facilitated by BNP Paribas Securities Services: Why and How to invest in China

From the recent tech crackdown through to trade wars and currency fluctuations, we will open with a macroeconomic overview of the Chinese market.

We will then look at how the direct route into China has evolved (QFII/RQFI, CIBM and the growth of investment eligibility including derivatives, Star market), and at the continued success of the Connect schemes. To conclude, we will discuss how UCITS can best use the various access routes.

Q&A

  • Gary O'Brien

    Gary O'Brien Head of Banks and Brokers Segment Strategy BNP Paribas Securities Services


13.05

Chairperson's wrap up and closing remarks


17.30 - 19.00

Cocktail hosted by KPMG (in-person format - for conference participants only)