Thursday, September 13, 2018
|7:45 am||Breakfast and Registration|
Presenter: Kristi Kuechler, Managing Director, Investor Market, Family Office Exchange
The Great Separation: What the Return of Volatility Means for Your Portfolio
Presenter: Mark W. Yusko, Founder, CEO and Chief Investment Officer, Morgan Creek Capital Management, LLC
Since the end of the Global Financial Crisis, abundant Central Bank liquidity has created a global rising tide for financial assets. Stocks, bonds, and real estate have been locked into a relentless, low volatility “melt-up” in valuation over the past nine years, culminating in the extraordinarily low volatility of 2017. This year has ushered in a new volatility regime as global Central Banks move toward a more restrictive monetary policy framework. This session will explore the beachfront of investment opportunities to see which are "swimming naked" (per Buffett) as the liquidity tide recedes, and which strategies may add value to your portfolio in the new volatility regime.
|9:30 am||Networking Break|
The Evolution of Asset Allocation: One Family’s Story
Presenters: Mac Van Wielingen, Founder and Director, ARC Financial Corp.
This session will share the perspective of a private equity entrepreneur and a significant institutional investor as he works with his son to develop their family’s long-term investment approach. The family will share how their investment program has evolved from concentrated private equity holdings within their single-family office to a systematic, global, factor-based multi-asset approach for themselves and other families. They will outline a long-term stewardship approach that encompasses private, alternative and public investment strategies, and which challenges a conventional asset allocation approach.
|11:15 am||Networking Break|
CIO Panel: Preparing for Uncertainty
Panelists: Bradley Berger, President, Kompass Kapital Management, LLC
In this session, a panel of single-family office Chief Investment Officers will discuss how they are positioning the family portfolios. This session will share actionable investment suggestions as the CIOs prepare for the potential return of volatility and will explore how they are assessing risks and opportunities in an uncertain investment environment.
|12:30 pm||Networking Luncheon|
Peer Dialogue Sessions
Members will select one peer exchange dialogue session from topics of interest. All sessions will be facilitated by a member of the FOX team.
Please note, some discussion groups will be limited to specific network or council members.
|3:00 pm||Networking Break|
|3:15 pm||Breakout Sessions
Please select one of the following:
Opportunities in Private Credit
Panelists: Daniel Pound, Head of AG Europe & Co-Portfolio Manager, Disstresed Debt, Angelo, Gordon & Co.
In this session, we will discuss where we are in the credit cycle and how to consider opportunities in private credit, focusing on direct lending and distressed debt. Cambridge's Head of Private Credit Research will moderate the discussion and portfolio managers from Angelo, Gordon & Co. and Ares Management will discuss credit strategies broadly, with a focus on their direct lending and distressed strategies, as well as other timely opportunities.
Integrating Direct Investments Into Your Overall Portfolio
Presenters: Lori D. Mills, CFA, Managing Director, Asset Consulting Group
As interest in direct investing among ultra-wealthy families continues to grow, so do the challenges. How do investors maintain the discipline and risk controls of their overall investment program while allowing for the greater flexibility needed to take advantage of the opportunities in this space - while managing the many risks specific to direct investments. In this session, we will explore different structures and approaches used by families to meet these challenges.
Data Driven Impact: Measuring Social Impact and Investment Returns
Presenter: Michele Demers, Founder & CEO, Boundless Impact Investing
Many family members and family offices are attracted to the idea of aligning their values with their investing. Yet many are confused or frustrated by the lack of straightforward methods and metrics to define an “impact investment,” particularly how to contrast these to more traditional investments. This session will discuss the significant evolution of
Riding Out the Storm: Tax Loss Harvesting in Volatile Markets
Presenter: Paul Bouchey, CFA, Chief Investment Officer, Parametric Portfolio Associates, LLC
A turbulent market can increase the effectiveness of harvesting tax losses – if you have an active tax-management
|4:15 pm||Networking Break|
The Future of Currency: Risks and Opportunities in Cryptocurrency
Presenter: Matt Hougan, Global Head of Research, Bitwise Asset Management
Cryptocurrencies like Bitcoin and Ethereum get headlines, but is there really any “there” there? This session will take a hype-free look at what cryptocurrencies are, how they work, and why some people are so bullish about their longterm
|5:30 pm||Forum Reception|