09:30 – 10:00

Registration, breakfast and Networking

10:00 – 10:10

Opening Remarks

Julian Marr, Editor, Professional Adviser

10:10 – 10:35

Keynote Speaker

Peter Toogood, Chief Investment Officer, The Adviser Centre

10:35 – 11:00

First State Investments

Fund: First State Diversified Growth Fund

Andrew Harman, Portfolio Manager

What is hiding behind diversification? Why do you need to be dynamic, flexible and different?

Throughout most of history, bonds and equities were positively correlated, meaning that they moved up or down together. Considering this, the last twenty years are an anomaly where bonds and equities have been negatively correlated. This made diversification simple and the resulting view of diversification hazardous.


11:00 – 11:25

Goldman Sachs Asset Management

Fund: GS Wealthbuilder

Brendan McCurdy, Head of International Portfolio Strategy

Nobel Prizes, Coffee Cups, and Cats: Investing in the 21st Century

Money can be an emotional topic, especially during volatile market climates like the present. With concerns over the uneven state of the global economy, politics, the direction of interest rates, and emerging markets, the risk that emotions may unduly influence investment decisions may run especially high. We’ve always known this to be true for our clients, but what about the mistakes we make as investment managers?

Join us as we go beyond the typical client behavioural missteps of anchoring, loss aversion, and familiarity bias, and dive into the pitfalls that we face as investment managers, including framing, base rate neglect, substitution & availability, and the illusion of validity. We’ll use thought-experiments and case studies to explore how these factors can be acknowledged while maintaining a proper focus on long-term goals and long-term investment strategies.


11:25 – 11:40

Q&A with First State Investments and Goldman Sachs Asset Management

Chaired by Julian Marr

11:40 – 11:55

Coffee and Networking Break

11:55 – 12:20

Legal and General Investment Management

Fund: Multi-Index and Multi-Asset Target Return

Chris Teschmacher, Fund Manager

While the music plays, we've got to dance

All eyes are on the US and Trump has chosen "inflate and wait" as the tune. Along with the Fed, investors now need to dance around the twin perils of economic overheating and QE ending, all against the baseline of stronger global growth. It's a tricky tango to master, and we'll outline what steps we think investors should take as well as well as how the party might finally end.


12:20 – 12:45

Odey Asset Management

Fund: Odey Portfolio Fund and Odey Opportunity Fund

Peter Martin, Fund Manager

Geoffrey Marson, Fund Manager

The Future of Multi-Asset Investing

Odey has two established multi-asset funds aimed at the private wealth market managed by two highly experienced fund managers, both of whom were founder members of Odey Wealth. We blend this experience of managing private client portfolios with Odey’s bold approach to investing.  Above all we seek to be tactical, not hide behind committees and make active investment decisions.  We aim to preserve capital in bear phases and shift to a more return seeking approach when market conditions permit. Our funds use a mixture of active equity selection and dynamic asset allocation to achieve our ambitious goals.


12:45 – 13:10

Baillie Gifford

Fund: Baillie Gifford Managed Fund

Iain McCombie, Fund Manager

Long term wealth accumulation with a pinch of sleep well at night

For more than three decades Baillie Gifford’s Managed Fund has been a one-stop shop for good value access to the best the firm has to offer across equities and bonds. It combines our regional stock picking expertise with a selection of government and corporate bonds. The Fund aims to outperform its benchmark over three years or more, a target which is reflected in its low turnover and high active share. Similarly, asset allocation is set with the long-term in mind – the majority of the fund is typically invested in equities, with bonds adding balance and cash used tactically as required.


13:10 – 13:30

Q&A with Baillie Gifford, Legal and General Investment Management and Odey Asset Management

Chaired by Julian Marr

13:30 – 14:30

Networking Lunch