Cost: $250 Members/$350 Non-members (includes continental breakfast and optional lunch)
Session I: Market Updates and Expectations
Global capital markets – public and private alike – continue to be buffeted by conflicting economic data and geopolitical trends; this is to be expected in the later stages of an economic cycle. Our opening session will present insights on what drove market performance in 2019 and will look ahead to 2020 and the important signals that may inform whether economic expansion continues or falters. Our presenters will offer views from the United States to Europe and China on growth prospects, valuations, central bank influences, market dynamics and more. This session will provide a worldview on equity and bond markets as well as private equity, venture capital and natural resources. Most importantly, we’ll have time for your questions as well.
Anita Hariton, Managing Director, Commonfund Capital, Inc. (Wilton, CT)
Kris Kwait, Co-Chief Investment Officer, Commonfund Asset Management Company (Wilton, CT)
Keith Luke, President and CEO, Commonfund Securities (Wilton, CT)
Session 2: The Role of Strategic and Tactical Asset Allocation in Reducing Risk
Experts from Sterling Capital Management will discuss their approach to developing and applying both strategic and tactical risk and return expectations. The session will emphasize strategic asset allocation as a means for aligning portfolio risk with an investor’s risk profile, while tactical asset allocation is used within a framework that carefully manages tracking error to generate returns exceeding market performance.
Anthony G. DeLucia, Executive Director and Head of OCIO Solutions, Sterling Capital Management (Raleigh, NC)
Kevin J. Stoll, Managing Director and Head of Qualitative Research, Sterling Capital Management (Raleigh, NC)
Session 3: Moving Beyond the E in ESG: How Market-Rate Investors can Push for Racial Equity in Capital Markets
Inequality, particularly structural racism, remains one of the South’s deepest challenges. Pushing for equity outcomes requires that we use as many tools as we can – particularly grants and program-related investments. But what about market rate investments? This session will offer strategies that foundations can use to advance racial equity through manager diversity, addressing implicit bias in the investing field and using innovative market-rate investments and tools to promote social justice.
Catherine Chen, Managing Director and Financial Advisor, RBC Wealth Management – SRI Wealth Management Group (San Francisco, CA)
Daryn Dodson, Founder and Managing Director, Illumen Capital (Los Angeles, CA)
Napoleon Wallace, Co-Founder, ACTIVEST (Durham, NC)
Session 4: Are Hedge Funds and Private Equity Necessary for Your Portfolio? The Answer May Surprise You.
As endowments and foundations consider “Writing Their Next Chapter,” should they consider challenging the often-held belief that sophisticated endowment investing requires illiquid assets? While the use of hedge funds and private equity is seen by some as a necessary element of any endowment portfolio, some research suggests that these investments may cause more harm than good. In this session, speakers will discuss the merits of using illiquid alternative assets in endowment portfolios.
Speaker: Will Thorpe, Chief Marketing and Development Officer, Mason Investment Advisory Services (Washington, DC)