This event is free to attend and qualifies for CPT/CPD points.
Asian Private Banker’s 3rd annual High Conviction: 2020 Investment Ideas & Themes will bring together the most senior gathering of Asia-based gatekeepers from global and regional private banks in Asia to explore the macro-economic situation and upcoming investment ideas and product strategies for 2020.
This half day event is perfectly timed to allow you to close off 2019 and look ahead to 2020 with a high-level look at the outlook and appropriate product solutions amongst a leading group of peers in a closed-door environment.
|8:30am – 9:00am||Registration and Breakfast|
|9:00am – 9:10am||Opening Comments|
|9:15am – 9:55am||
Leaders Conversation Panel 1 | A challenging 2019: Positioning Asian client portfolios for 2020
It was a turbulent 2019 for global investors with Sino-US trade relations causing uncertainty in global markets, an increasingly fractured European economy, and political and socio-economic unrest across both emerging and mature markets. How are private banks advising clients to mitigate risk and maximise returns for the coming year? Where are the opportunities and challenges ahead, at both a geographical and product level? Will macroeconomic uncertainties – in particular, the US Elections, Brexit fall-out and China slowdown lead to more risk-off?
|10:00am – 10:30am||
Presentation: Slowbalisation and Volatility, the Paradigm of 2020
With global growth slowing down, political uncertainty, central banks running out of room for manoeuvring, and volatility in the equity markets; where can investors find protection? Developed market bonds don’t look attractive and offer negative yields. But it is not all doom and gloom in the fixed income markets. Jamie Grant will discuss how the Asian investment grade credit market has evolved and can provide a “safe haven” in the uncertain times ahead. By focusing on the best quality issuers, it is possible for clients to avoid negative yields, abate volatility, and harvest risk adjusted returns.
Presenter: Jamie Grant, Head of Emerging Markets and Asian Fixed Income, First State Investments
|10:35am – 11:05am||
Presentation: China equities – A game changer in 2020
E-commerce, consumption upgrading, big data, artificial intelligence. All these words resonate strongly with China. China is moving from an export-led to a consumption and innovation-driven economy. With these structural changes coupled with the need to tackle pressing inbalances and challenges – such as an ageing population, urbanisation and trade tensions – come exciting developments and opportunities to invest in. In particular, three major investment themes stand out: technology/innovation, consumption upgrading and industry consolidation. These themes span a diverse range of sectors from education, health care, insurance, industrial automation, 5G beneficiaries to property.
The investment opportunities in China today are too big to ignore. Moreover, China’s monetary easing and fiscal policies continue to support economic growth and we may see a cyclical recovery in industrial profit and durable goods consumption.
This session will cover the outlook for China in 2020, touch on hotly debated topics such as the impact of trade tensions, dive into the long-term investment opportunity set for China equities, and explore how to navigate this asset class – which with active exposure, may benefit an investor’s portfolio in the long term, by enhancing the risk-return profile of a global portfolio.
Presenter: Caroline Yu Maurer, Head of Greater China Equities, BNP Paribas Asset Management
|11:05am – 11:25am||
|11:30am – 12:00pm||
Panel Discussion: Succession Planning
Asia’s tremendous economic growth during the past few decades has produced a significant increase in the number of high net worth individuals (HNWIs) across the region. With many of these HNWIs now advancing in age, one of the most complex and critical issues they face is succession planning. What factors should HNWIs and their families consider when preparing for succession planning of family wealth and businesses? How should they engage professionals to ensure that effective succession plans are in place? Is there a broad consensus on what best-practice succession planning looks like? What is the role of life insurance in succession planning?When is the ‘right’ time to plan for succession? What are the challenges wealth planners face in the region, and what opportunities remain overlooked or have yet to be fully realised?
|12:05pm – 12:45pm||
Leaders Conversation Panel 2: Bonds vs. Equities vs. Alternatives – Asia’s returns versus global benchmarks
With lower for longer rates, what kind of products should investors be buying in 2020 given the current global economic outlook? Should there be more focus on fixed income products? Which ones? In the equity arena, if investors have previously been under-exposed, how should they take on more exposure? Do thematic strategies still resonate and if so, should these still be broad based or are niche offerings the way forward? And in the alternatives space, is the strong demand for private equity and real estate likely to spill over into next year and if so, how can banks harness that demand?
|12:50pm – 1:30pm||Networking Champagne Luncheon|