06
September
8:30 — 18:00
Clarion Hotel The Hub
Clarion Hotel The Hub, Biskop Gunnerusgt. 3, Oslo, 0106, Norway
Loading Events
  • This event has passed.

Hosted by CFA Society Norway and Forening for finansfag Norge in partnership with CFA Society Denmark/The Danish Finance Society, CFA Society Finland and CFA Society Sweden.

After navigating two years of a global pandemic, financial markets are left to grapple with an old, familiar foe: inflation. This year, the western world has experienced inflation rates not seen since the 1980s, putting upward pressure on interest rates, increasing the likelihood of a recession and sending the markets to a freefall. How should we as investors approach the now strangely foreign phenomenon? How does the world’s largest sovereign wealth fund – NBIM – handle the uncertainty?

The high inflation can partly be attributed to Russia’s invasion of Ukraine, which has increased tensions between the East and the West. With growing worldwide polarization and threats of geopolitical conflicts, can the past be a guide to the future? How will our relationship with China shape our future? And how can we as investors position for this?

Finally, as the world also struggles with an energy shortage, we must again rely on fossil fuels in order to secure our electricity demands, hence temporarily setting aside climate goals. What financial risks are there to losses in natural diversity? How does the leading Nordic sustainability funds integrate sustainability into private markets?

Agenda

08:30 Welcome and introduction of the agenda
Pieter van Putten, CFA, Presidents Council Representative for Western Europe in CFA Institute
08:40 ESG at a crossroads – where do we go from here? &
The Climate Crisis and the Role of Renewable Energy in the Energy Crisis
Marte Løfman, Senior Analyst, Impact Investments, Grieg Investor, & Melanie Brooks, Portfolio Manager & Responsible for ESG, Fondsfinans Kapitalforvaltning
09:20 Sustainability integration into private markets
Hanna Ideström, Senior Portfolio Manager, Alternative Investments, AP4
10:00 Break
10:30 Loss of biodiversity as a financial risk
Idar Kreutzer, CEO, Finans Norge, & Isabelle Thompson, CFA, Portfolio Manager, DNB Asset Management
11:20 Lunch
12:20 Inflation: Impact on wealth and asset management/investing amid low expected returns
Antti Ilmanen, Principal and Co-Head of the Portfolio Solutions Group, AQR
13:05 Behavioural finance: How does the new generation of asset managers deal with today’s problems (for instance inflation & geopolitical issues) when most have never faced them before at this scale?
Emily Haisley, Managing Director, Risk and Quantitative Analysis, BlackRock
13:45 Break
14:15 How does NBIM manage portfolio risk in today’s environment with high inflation, volatile markets and macroeconomic uncertainties?
Dag Huse, Chief Risk Officer, Norwegian Bank Investment Management
15:00 Breaking the code of history: How will our relationship with China impact our future?
David Murrin, Principal, Global Forecaster
16:00 Closing remarks
16:05-
18.00
Networking reception (in-person participants only)

The speakers

Antti Ilmanen
Principal and Co-Head of the Portfolio Solutions Group, AQR

Antti Ilmanen is a Principal and Global Co-head of the Portfolio Solutions Group at AQR Capital Management. In this role, he manages the team responsible for advising institutional investors and sovereign wealth funds and develops the firm’s broad investment ideas. Prior to joining AQR, Antti spent seven years as a senior portfolio manager at Brevan Howard and a decade in a variety of roles at Salomon Brothers/Citigroup. He began his career as a central bank portfolio manager in Finland. Over the years, he has advised many institutional investors, including Norway’s Government Pension Fund Global and the Government of Singapore Investment Corporation. Antti has published extensively in finance and investment journals and has received a Graham and Dodd award, the Harry M. Markowitz special distinction award, and multiple Bernstein Fabozzi/Jacobs Levy awards for his articles. Antti is the author of Expected Returns (Wiley, 2011), a broad synthesis of the central issues in investing, and Investing Amid Low Expected Returns (Wiley, 2022), which addresses the challenges facing investors amid the prospect of record-low future expected returns. He also received the CFA Institute’s 2017 Leadership in Global Investment Award. Antti earned M.Sc. degrees in economics and law from the University of Helsinki and a Ph.D. in finance from the University of Chicago.

Dag Huse
Chief Risk Officer, Norwegian Bank Investment Management

Dag Huse is responsible for the analysis, monitoring, measurement and reporting of investment risk and return for the fund. Huse was appointed Chief Risk Officer on 1 October 2014. He joined Norges Bank Investment Management in May 2003 as a Senior Portfolio Manager. He was named Global Head of Investment Risk in October 2012.

Prior to joining Norges Bank Investment Management, Huse held positions at Alfred Berg Norge AS, DnB Investor AS and Elcon Securities AS.

Huse has a Master’s Degree in Business from the Norwegian School of Economics (NHH).

David Murrin
CEO, Emergent Asset Management and Global Forecaster

David has been described as a polymath who started his career as a geophysicist, and who then entered finance at JP Morgan where he worked for seven years. Since then for more than two and a half decades he has been running his own hedge fund. During his financial career, his main focus has been on finding and understanding collective human behavioral patterns that comprise the study of human systems behavior, including deep-seated ‘patterns’ in history, using them to predict the future for geopolitics and markets in today’s turbulent times. He has a remarkable track record. David has written four books. Breaking the Code of History recognizes that post 9/11, the world changed in an instant. Using his theories of human social structures he was able to successfully predict back in 2007 the key process in human social structures that have impacted today’s changing world, including the decline of America and the West and the rise of China, and the reality of climate change.

Emily Haisley
Managing Director, Risk and Quantitative Analysis, BlackRock

Emily is the managing director of BlackRock’s Risk and Quantitative Analysis team, and is formerly a vice-president in the Behavioural Finance department at Barclays Wealth. Her background is in academic research and teaching at the intersection of psychology, economics and organisational behaviour. Emily has conducted original research on various aspects of financial decision making, including risk perception, asset allocation and saving. Her research has been published in academic journals, presented at numerous conferences and has received citations in the popular press.

Her research partners and consultancies have included McKinsey & Co, Google, PNC Bank and the US Department of Health and Human Services. Prior to joining Barclays Wealth she was a Post-Doctoral Associate at the School of Management of Yale University. She received a PhD in Organisational Behaviour from Carnegie Mellon University and an undergraduate degree in Psychology from Brown University.

Hanna Ideström
Senior Portfolio Manager, Alternative Investments, AP4

Hanna is a Senior Portfolio Manager in the team of Alternatives Investments at Fjärde AP-fonden (AP4), where her focus area is Private Equity. As of year-end 2021, AP4 manages assets of approx. SEK 527 billion (approx. EUR 50 billion). Prior to joining AP4, Hanna was an Investment Director in the Buyout team at the Nordic asset manager CapMan, where she was based in the Stockholm office. She started her career in 2008 at the London office of the boutique investment bank Greenhill. Hanna has an MSc. in Business Administration with a Major in Finance from the Stockholm School of Economics.

Idar Kreutzer
CEO Finans Norge

Idar Kreutzer is the CEO of Finans Norge. He was formerly the CEO of Storebrand from 2000 to 2012. Kreutzer has held a number of different board positions and has been a board member at the University of Oslo for 8 years. He is chairman of the board of Aschehoug Forlag, and a member of the Norwegian School of Management’s Advisory Board. Kreutzer is a member of the Climate and Environment Minister’s Climate Council. In October 2018, Kreutzer submitted his report on access to risk capital in the Nordic region, on behalf of the Nordic Council of Ministers, and in June 2018, he submitted the financial industry’s roadmap for green competitiveness to the Minister of Climate and the Environment. From June 2015 to October 2016, he was a member of the Government’s expert committee on green competitiveness. In 2013, he was elected a member of the Strategy Council for the Government Pension Fund Global. From 2001 to 2012, he was a council member in WBCSD, and was Co-Chair for the Vision 2050 project. Kreutzer has a master’s degree in economics from the Norwegian School of Management (NHH). He is a Fellow of Digital Innovation for Growth at NHH.

Isabelle Thompson, CFA
Portfolio Manager, DNB Asset Management

Isabelle Juillard Thompsen, CFA, is portfolio manager at DNB Asset management for the global equity fund DNB Fund Future Waves. Isabelle Thompsen has gained extensive international experience with equity investing in the US and Norway, and has 10 years of experience in sustainable investments from various positions within the industry. During her career she has been portfolio manager and research analyst with, among others, Gjensidigestiftelsen, Norges Bank Investment Management (NBIM) and Storebrand. She is a CFA Charterholder, holds an MBA from Pacific Lutheran University, MSC in Management and Finance from Ecole Supérieure de Commerce de Bordeaux and studies in Sustainable investments in natural resources from Columbia University. Isabelle is also the former President of CFA Society Norway.

Marte Løfman
Senior Analyst, Impact Investments, Grieg Investor

Marte Løfman has a double master’s degree in Sustainability and International Political Economy from the London School of Economics and Sciences Po. Marte has worked at the intersection between sustainability and finance since 2013, and has previously worked in an international impact investment environment. In addition, she has project experience from the Foreign Service, development assistance and environmental work. Marte is responsible for sustainability and impact investments in Grieg Investor.

Melanie Brooks
Portfolio Manager & Responsible for ESG, Fondsfinans Kapitalforvaltning

Brooks has an international education background in both the social sciences and finance. She has extensive experience with analysis, ESG and management from Société Générale, Folketrygdfondet and NBIM. She has also worked as a manager / ESG manager at Carn Capital. Brooks is a portfolio manager and reponsible for ESG in Fondsfinans Kapitalforvaltning since 2021.

Pieter van Putten, CFA
Presidents Council Representative for Western Europe in CFA Institute

Pieter van Putten, CFA, is Presidents Council Representative for Western Europe in CFA Institute. In this volunteer role he is the link between the CFA societies in the region and the management and board of governors of CFA Institute. As Vice Chair he has additional global coordination responsibilities. As for his day to day professional life, Pieter is Director and Chief Operating Officer of Ahlstrom Invest, an Amsterdam, Netherlands based family office representing the Finnish Ahlstrom family.  Responsibilities include management of day to day operations, business development and as member of the investment committee Pieter contributes to the investment decision process. He started his career in 1989 in the institutional asset management division of Commerzbank in Frankfurt. From 1993 he built the asset management operations for the bank in Asia-ex-Japan, first from Hong Kong and later from Singapore. In 2002 he became CEO of Aviva owned Morley Fund Management (Singapore) and from 2003 to 2008 he was managing director for Singapore based China equity specialist APS Asset Management. After his return to the Netherlands Pieter carried out consultancy work, among others for hedge fund manager Pelargos Capital, which he helped with a range of operational projects, and subsequently joined Pelargos Capital as managing director. Pieter graduated in 1988 with a double MBA degree from Nijenrode University in the Netherlands and University of Florida in Gainesville, United States. Pieter has been a CFA charter holder since 1998, and he is a Fulbright scholar.

Sponsored by

Prices 

In-person participants:
Members of CFA Societies, FFN (Forening for finansfag) and The Danish Finance Society: NOK 900,- (approx. 90€)
Non members: NOK 1500,- (approx. 150€)

Live stream participants: 
Members of CFA Societies, FFN (Forening for finansfag) and The Danish Finance Society: NOK 600,- (approx. 60€)
Non members: NOK 900,- (approx. 90€)

Discount code for the hotel

Please contact us at mail@finansforeningen.dk – the discount code is valid for reservations completed by 4 September 2022.

CFA PL credits

If you are a CFA Institute member, you are eligible to record 5.25 PL credits hours for your participation in this conference.

Details

Date:
6 September
Time:
8:30 - 18:00
Event Category: