Peter Kraus is the Chairman and CEO of Aperture Investors. For over four decades, Peter has worked at major financial institutions including Goldman Sachs, Merrill Lynch, and most recently at AllianceBernstein (AB) where he served as Chairman and CEO. Peter has long been a vocal proponent of pay-for-performance compensation models and the need for trust between active managers and their clients. To that end, he teamed up with Generali to launch Aperture, an entirely new firm built from scratch with client performance as its primary objective, in 2018.
|09.40 - 10.00||
News from Asia and the US
A discussion with the conference partners, NICSA and HKIFA, on the recent developments in their respective fund industries
|10.00 - 10.30||
Distribution trends: aviation as a reference industry
Lessons to learn from air travel industry – fundamental changes in distribution channels, direct distribution, generational shift, innovative pricing etc.
GDS, AEA and IATA are acronyms that the fund industry might not be too familiar with, however they belong to an industry that also underwent profound changes over the past decade. Changes in the global distribution systems impacted not only travelers and intermediaries, but most of all the airlines directly. Prestigious brands disappeared and made room for low cost airlines, airline mergers and alliances. Are there lessons to be learned by the fund industry?
|11.00 - 11.40||
Data: distribution intel - data is big, intelligence will be augmented
An examination of how data contributes to distribution. If investment decisions are based on data, for sure distribution decisions must be. In fact, as data itself is becoming an asset class, is the asset manager becoming a data manager?
|11.40 - 12.20||
Integration of sustainability factors in fund distribution rules
In the context of the EU Action plan on Sustainable Finance, the integration of sustainability risks and factors in MiFID II is envisaged via the introduction of mandatory assessments of client ESG preferences. How to match these subsequently with the right financial products? AIFMD and UCITS regulations will see similar developments. In practice, how will this affect distributors?
|14.10 - 14.30||
Keynote speech: Using New Strategies to Improve Returns on Globally Distributed Funds
Innovative digital marketing strategies are changing the way clients meet and interact with portfolio managers and investment teams. Investors and potential investors should know the people managing their money directly as the use of digital platforms and social media can disintermediate investor / client engagement. When these strategies are paired with an innovative investment approach that prioritizes outperformance rather than gathering AUM, client and manager incentives become more aligned than ever before.
|14.30 - 15.00||
Talk to millennials, not about them – thoughts about money and financial planning, the need for a fund shopping app etc. – what is it the young clients want?
|16.00 - 16.40||
Distributors take centre stage
Do investors feel they get value for money? What sells and what doesn’t? Regulation, pricing, digitalisation, investor education… what really influences fund sales?
|16.40 - 17.10||
Everything you always wanted to know about distribution (but were afraid to ask)
Ad-hoc session: expertise upon request