European Risk Management Conference

Gael is the Risk Manager of Chenavari Investment Managers [Luxembourg]; he works in close collaboration with the Investment Advisor Risk Management team to develop and maintain advanced risk processes and monitoring tools. Prior to joining Chenavari in 2015 as a Risk Analyst, Gael worked a few years - mainly in the Risk Management field - in Private Banking (KBL, Luxembourg) and in the Investment Management industry (Northern Trust Corp, Luxembourg). He is a business graduate holding a Master’s in Finance from Cass Business School (London, United Kingdom) and a Master’s in Economics from Solvay Business School (Brussels, Belgium).

Agenda

agenda

09.50 - 10.45		Volatile markets and the emergence of risks in the digital age Setting the scene with examples in a “tour de table” Forward-looking risk management: options and tools The impact of new technology on investing: digital investing and AI Using stress testing to enhance risk trend assessments Portfolio risk Dealing with political uncertainty

11.15 - 12.05		What drives risk management in other sectors of finance? How are approaches to risk similar to, or different from those in asset management? Approaches to risk management and governance and risk management scope Hot topics in other sectors of finance Risk management trends outside of Europe Cultural understandings of risk Enterprise risk management vs financial risk management

13.30 - 14.15		Breakout Session I: “Managing portfolio risks in times of market volatility” (session repeated at 14.15 - 15.00) Managing the liquidity problem (Liquidity management in volatile times; Money Market Funds – Liquidity stress tests after the MMFR) Stress testing to support management of portfolio risks Risks during the end of the economic cycle (from bull to bear) Qualitative risk management (i.e., impacts from political/legal/regulatory risks on the portfolio)

13.30 - 14.15		Workshop II: Changing requirements for risk management professionals in Luxembourg? (session repeated at 14.15 - 15.00) The impact of CSSF Circular 18/698 and other developments in asset management The Luxembourg risk manager – generalist, expert or limit controller? Does CSSF Circular 18/698 bring more responsibilities for risk managers/conducting officers for risk management? New technologies – new types of risk? Recruiting risk managers and other HR considerations

13.30 - 14.15		Workshop III: Real assets: managing risks for loan and infrastructure debt funds (session repeated at 14.15 - 15.00) The role of the risk manager in the investment process Case studies on escalating risks Life cycle considerations Managing illiquid asset classes Dr. Martin Ewen Chief Risk Officer ARKUS FS Gael Kasem Risk Conducting Officer Chenavari Investment Managers (Luxembourg) Prof Dr. Martin Vogt Professor Trier University of Applied Sciences

15.30 - 16.15		Regulatory developments The European regulatory framework and the Luxembourg regulator: overview and outlook ESMA consultation on sustainability Liquidity and leverage

European Risk Management Conference

Gael Kasem, Chenavari Investment Managers (Luxembourg)

Agenda

Volatile markets and the emergence of risks in the digital age

What drives risk management in other sectors of finance?

Breakout Session I: “Managing portfolio risks in times of market volatility” (session repeated at 14.15 - 15.00)

Workshop II: Changing requirements for risk management professionals in Luxembourg? (session repeated at 14.15 - 15.00)

Workshop III: Real assets: managing risks for loan and infrastructure debt funds (session repeated at 14.15 - 15.00)

Regulatory developments

Thank you