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Swiss CFA Society


Liechtenstein Society of Investment Professionals

Swiss Pensions Conference – Webcasts and Podcasts

The Swiss Pensions Conference was organized and hosted by the Swiss CFA Society and the Liechtenstein Society of Investment Professionals on 9 March 2011. This event focused on bringing the latest in cutting edge thinking to long-term institutional asset owners.

Multimedia Sessions

Select webcasts and podcasts from the conference are available in both English and German. New sessions will be added as they are available. English translations of German sessions are available as PDF transcripts.

Developments in Emerging Debt Markets: An Asian Case Study - Hon Cheung

Emerging debt markets have grown significantly in the last few years. This presentation examines some of the key drivers for this growth, including economic factors as well as monetary and developmental policy. From the European perspective, this growth has created the potential for emerging debt as a strategic asset class with interesting diversification characteristics, exposure to attractive currency markets, and bond markets with a more manageable debt burden.

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Evaluation of Active vs. Passive Management: The Example of the Norwegian Government Pension Fund - Stephen Schaefer

Does active management pay? Does it change the risk characteristics of a portfolio? This presentation by Stephen Schaefer examines the evidence for and against active management and discusses the role of “hidden” risk exposures in contributing to underperformance.

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Future Longevity: What Kinds of Extrapolation Are the Most Reliable? - Aubrey de Grey

Dr. Aubrey de Grey discusses the field of regenerative medicine, including molecular regenerative medicine, a field that may dramatically impact longevity. He also discusses some scenarios for the predicted impact on longevity.

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Insurance Linked Strategien (Insurance-Linked Securities) - Christian Bruns and Daniel Ineichen, CFA

This session, presented in German, covers insurance-linked investments or securities (ILS) as an alternative asset class. While the most commonly known products are catastrophe bonds, the speakers describe the different types of perils covered, the instruments available to invest in, investment characteristics, and present market conditions. Current topics and the pros and cons of ILS are covered in a panel discussion. A transcript of the presentation is now available in English. Click on "Learn more" below to download a PDF of the presentation slides.

Play | Learn more | Read transcript (PDF)

Kann die Sollrendite noch erreicht werden? (Can the Target Return Be Achieved?) - Marco Bagutti, CFA, Markus Hübscher, Yvan Lengwiler, and Christophe Ryter

This session, presented in German, discusses the dilemma pension funds are facing. The risk-free interest rate is currently so low that the statutory minimum rate of return cannot be covered. Which risk mix and what adjustments to high volatility are necessary to achieve the minimum interest rate and to meet the coming storm in financial markets? A transcript of the presentation is now available in English.

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Langlebigkeit und Demographie—strukturelle Herausforderungen (Longevity and Demography: Structural Challenges) - Claude Chuard, Stéphane Cotter, and Olivier Deprez

This session, presented in German, discusses organizational and financial solutions to the problems presented by aging societies. A transcript of the presentation is now available in English.

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Sponsors

The Swiss CFA Society and the Liechtenstein Society of Investment Professionals would like to thank the following sponsors:

Platinum Sponsors
Clariden Leu and Schroder Investment Management

Gold Sponsors
Bank Sarasin, Goldman Sachs, LGT Capital Management, State Street Global Advisors, and T. Rowe Price

Silver Sponsors
Dexia Asset Management, Eurex, Liechtensteinische Landesbank, Mercer, and OLZ Partners