Association française des investisseurs institutionnels

 Conférence Investment & Pensions Europe (IPE)

« Credit & Alternative Credit

Building Successful Credit and Private Debt Strategies»

le mardi 10 septembre 2019 de 10h30 à 12h50
 

à l'Hilton Opéra Paris, 108 Rue Saint Lazare, 75008 Paris

10:30 AM - 11:00 AM : Registration and Networking Break

11:00 AM - 11:05 AM : Welcome and Introduction
Jean-François Boulier - Président, AF2i

11:05 AM - 11:25 AM : High Yield & Senior Loans

With European corporate default rates at (or close to) all-time lows and the ECB expected to embark on another round of QE, this presentation will:

• Examine current market dynamics in the sub-investment grade space and the inter-play of technicals and fundamentals 
• Assess the importance of credit selection across market cycles and in different economic conditions
• Compare relative value opportunities across high yield bonds and leveraged loans
• Explore how flexible mandates can capture superior risk-adjusted returns in a portfolio
• Evaluate the resources required to build and manage high yield bond and leveraged loan portfolio

Anthony Shackleton - Managing Director & Co-Portfolio Manager, Oaktree Capital Management

11:25 AM - 11:45 AM : Direct Lending: How does an investor position themselves for the ‘end of the credit cycle party’?

In a buoyant market for private debt, Hermes Investment Management will be discussing how investors should think about allocating to direct lending strategies to deliver optimal risk adjusted returns in the current environment.

Stephane Michel - Senior Portfolio Manager, Hermes Investment Management

11:45 AM - 11:55 AM : Coffee break

11:55 AM - 12:15 PM : European Corporate SRI

• Bottom-up investment process: Assessing the pros and cons
• Why have an internal ESG rating on each corporate bond held in portfolio
• Embedding ESG into the investment process
• Risk of recession in 2021: Managing with a degree of caution in the current environment
• Implications of the latest ECB policy for credit managers

Rod Davidson - Head of Fixed Income Investment Specialist, Aberdeen Standard Investments

12:15 PM - 12:35 PM : Case study tbc

12:35 PM - 12:50 PM : Open discussion

12:50 PM  : Close of seminar followed by networking break

Pour consulter le programme et vous inscrire, cliquez ici.

Une conférence Af2i et France Invest sur la dette privée se tiendra dans le même lieu de 8h00 à 10h30. Si vous êtes également intéressé par cette conférence, cliquez ici.