FUTURE
CONFERENCES
Purpose
Aimed at local government pension funds, their pools and their advisors, this conference will review a range of topical investment strategies, opportunities and new ideas of interest to public sector investors. We will take account of the latest trends and the prevailing investment and governance landscape as well as specific issues or challenges facing LGPS investors and key practical implementation considerations.
Programme
09.00
Registration
09.30
Session 1
Managing Director, Head of ESG Committee
Leadenhall Capital Partners
The Opportunity in Insurance Linked Strategies
Insurance Linked Strategies offer genuine diversification from cyclical asset classes, record high yields and social ESG benefits. Traditional investment markets, whether public or private, currently face the risk of a faltering economy. With ILS running on a different cycle to other markets, having fundamentally different drivers of return and particularly attractive potential returns Leadenhall describe how Local Authorities can consider a strategic allocation in their pension funds to ILS.
Head of New Investment, Direct Lending
HSBC Asset Management
Navigating Private Market Dynamics: Opportunities in UK Direct Lending for 2024
This presentation will discuss the current market dynamics and benefits that UK Direct Lending can offer local authority pension funds, covering:
• The Outlook for Direct Lending
• Current Deployment Dynamics and the Mid-Market Gap
• Supporting the UK’s Levelling Up agenda
11.20
Tea/Coffee
11.50
Session 2
Global Real Estate Equity and Debt - Real Returns and Real Impact in 2024
To fully explore the opportunities available we'll have two short presentations followed by: a discussion to the relative prospects with questions from the audience
2023 saw a significant reduction in Global Real Estate values as a result of rising interest rates. Liquidity and financing pressures have so far constrained activity but 2024 promises to be a once in a generational vintage.
Across real estate equity and debt, whether it’s diversification, real impact, attractive income or higher returning investment returns, there are interesting opportunities available, depending on your portfolio’s requirements.
Senior Director of Client Portfolio Management
Invesco Real Estate
and
13.00
Lunch
14.00
Session 3
CEO and co-Founder
The Good Economy
Place-Based Impact Investing (PBII): An Idea Whose Time Has Come
Currently only a small fraction of UK pension money is invested directly in the UK in ways that could drive more inclusive and sustainable development. The Government proposes to require LGPS funds to have a plan to invest up to 5% of assets to support Levelling Up in the UK. How should LGPS funds approach designing their investment strategies in relation to Levelling Up? Economic development over the last 40 years has not worked so we need to do things differently. Understanding the scale and complexity of the Levelling Up challenge is important for the LGPS funds to have a realistic and wider perspective on their role. The Good Economy’s work on place-based impact investing has demonstrated that there are opportunities in sectors including affordable housing, small and medium-enterprise (SME) finance, clean energy, infrastructure and regeneration that would create positive social, economic and environmental outcomes for people and places across the UK while delivering appropriate, risk-adjusted financial returns.
Co-founder & Partner
Pluto Finance
Empowering Local Communities with Real Estate Debt
The UK is in the midst of a well documented and highly publicised housing crisis, it shows no sign of abating and every Local Authority in the UK is under pressure to deliver more homes. Real Estate Private Debt has developed into a key funding mechanism for the provision of much needed affordable homes. This presentation will highlight how the asset class can truly benefit Local Government Pension Scheme investment, bringing diversified financial returns, alongside tangible Environmental and Social impact whilst supporting their communities with a place based UK investment thesis.
15.10
Tea/Coffee
15.30
Session 4
Partner
Squire Patton Boggs
Pooling and Levelling Up/PE: What next?
The UK Government has signaled its intention to implement proposals which would accelerate LGPS pooling, require funds to set a plan for investing in levelling up and set target levels for private equity investment. These proposals have met with opposition in the consultation phase and raise difficult questions around the fiduciary duties of administering authorities. This presentation will consider what that means for pools and funds as they look ahead to the publication of revised guidance and draft regulations.
Panellist to include:
16.30
Close of conference followed by refreshments
Cost
The conference is by invitation only for pension funds and other institutional investors and we welcome new attendees from these investors. Therefore if you are not already receiving an invitation please contact us. A limited number of Complimentary invitations are available to genuine pension fund representatives (executives and trustees) and other approved institutional investors. However, to ensure we have room for as many funds as possible, we have to limit free places to 3 attendees per approved organisation thereafter a reduced rate fee is payable per delegate. Furthermore, SPS always reserves the right of admission (free or paid) and our decision is final.
Venue
The View at the Royal College of Surgeons
38-43 Lincoln's Inn Fields
London
WC2A 3PE
Tel: 020 7869 6703
The View is centrally located at Lincoln’s Inn Fields within easy walking distance of Holborn (Piccadilly and Central lines) and Temple (District and Circle Lines) underground stations. It is a short taxi or underground journey from most major rail stations. Two NCP car parks are situated nearby.
Media Partners
