Fund Selector Asia was delighted to return to Manila to host our flagship Philippines Investment Forum LIVE and in-person on 17 May 2023.
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About the event
The country’s young and fast-growing population was continuing to explore avenues to diversify asset allocation, both across asset classes as well as offshore.
Yet they were facing ongoing volatility and uncertainty in a shifting and unpredictable macro, market and geopolitical environment, coupled with a slower global economic growth forecast for 2023 and tight liquidity conditions. Plus, the recent crisis in the banking sector is the latest stark reminder of the challenges in trying to secure reliable and consistent returns, to protect portfolios and prepare them for the future.
Against this backdrop, the timely event will explored the strategies, processes and capabilities required to invest effectively – both across public and private markets.
Key reasons to attend the event included:
- Focused presentations from leading global investment managers
- Insights from our panel on evolving approaches to asset allocation and portfolio strategy
- Engaging and interactive conversations with your peers
- Opportunities to network, to deepen relationships with existing contacts and develop new ones
Agenda
| Wednesday, 17 May 2023 Venue: Fairmont Makati | |
| 11:35am | Registration and refreshments |
| 12:00pm | Welcoming remarks Andrew Crooke, contributing editor, Fund Selector Asia |
| 12:05pm | Presentation 1: Uncovering income across the global bond universe Fixed income markets are offering better value than we’ve seen in years, even as volatility and uncertainty remain elevated. Mr. Naveen Gulati, PIMCO’s credit product strategist, discusses strategies for capturing diverse and high-quality sources of income across global bond markets, and where PIMCO sees the most compelling opportunities. Naveen Gulati, senior vice president, credit strategist, PIMCO  |
| 12:25pm | Presentation 2: The case for growth – what if? The era of growth investing is over. Or is it? Investors shouldn’t reach for yesterday’s answers to today’s challenges. What if a business can easily pass on costs to consumers? As the cost of capital rises, what if the company is self-financing? Demand will weaken during a recession. But what if there are alternative ways to grow in the absence of an expanding economy? Great companies are made during the toughest of times. Investors need to look beyond the headlines, take advantage of short-term volatility and embrace the opportunities created by deep technological change. Jennifer Leong, director, Baillie Gifford  |
| 12:40pm | Plated lunch will be served |
| 1:00pm | Presentation 3: Global REITs ready to rebound As the global economic environment softens, REITs have severely overcorrected compared to private real estate and resulted in significant multi-year growth opportunities. Additionally, tightening credit exacerbated by recent banking turmoil will continue to pressure supply, making property types with defensive demand characteristics and strong fundamentals even more compelling. Join PGIM Investments’ session to learn how REITs can fit into your investment strategy. Sashi Nambiar, managing director, head of southeast Asia, PGIM Investments  |
| 1:20pm | Panel discussion: Realigning portfolios in a new reality – How is today’s investment reality reshaping how investors approach portfolio construction, in terms of both strategic and tactical asset allocations? – How can investors tackle so many unknowns in such challenging market and macro scenarios to find resilient and diversified returns? – Where are the most appealing opportunities onshore and offshore? – Where can investors find stable yet liquid and non-correlated returns to bolster performance and dampen portfolio volatility? – Is it time to take a more granular approach, make more frequent portfolio changes and add an alternatives twist? – Where does China fit into 2023 investment strategies? – How can investors be more proactive in risk management to better plan for future portfolio needs? – Has the appeal and relevance of ESG investing changed in turbulent markets? – How can investors incorporate the circular economy and innovation more significantly in portfolios? – What does today’s landscape mean for how investors might approach manager selection going forward? Jennifer Leong, director, Baillie Gifford Rafael G Ayuste, Jr, senior vice president, trust officer and head of BDO Trust and Investments Group, BDO Unibank Sashi Nambiar, managing director, head of southeast Asia, PGIM Investments Naveen Gulati, senior vice president, credit strategist, PIMCO Michael Gerard D Enriquez, president and chief investment officer, Sun Life Investment Management and Trust Corporation |
| 1:55pm | Closing remarks Andrew Crooke, contributing editor, Fund Selector Asia |
Speakers
Jennifer Leong, director, Baillie Gifford
Jennifer joined Baillie Gifford in 2016 and is responsible for Marketing and Business Development across Asia. She is a member of the firm’s Asia Pacific Business Group and Responsible Officer of Baillie Gifford Asia (Hong Kong) Limited. Jennifer has more than 20 years of client relations and marketing experience with Asian institutions. Prior to joining Baillie Gifford, she served as Managing Director and Head of Institutions for Southeast Asia and Hong Kong at AllianceBernstein Singapore and Vice President of Capital International Inc. Jennifer graduated BA in Economics & Political Science from the National University of Singapore in 1996 and MPA from the Lee Kuan Yew School of Public Policy in 2008. She is also a CFA Charterholder.
Rafael G Ayuste, Jr, senior vice president, trust officer and head of BDO Trust and Investments Group, BDO Unibank
Rafael G. Ayuste, Jr., is Senior Vice President of BDO Unibank, Inc. He has been with BDO Unibank for ten (10) years. He is currently the Trust Officer and Head of BDO Trust and Investments Group and was the Trust Officer and Head of Wealth Advisory and Trust Group of BDO Private Bank, Inc. He has more than forty (40) years banking experience, with thirty (30) years in trust banking. He is a director of the Philippine National Reinsurance Corporation and head of the Investment Committee. He is a seven (7) term director and four (4) term president of the Trust Officers Association of the Philippines. He holds a Bachelor’s Degree in Business Administration from University of Sto. Tomas, a Master’s Degree in Business Administration (Nominee) from De La Salle University and an Executive Master’s Degree (Nominee) in Business Economics from University of Asia and the Pacific.
Sashi Nambiar, managing director, head of southeast Asia, PGIM Investments
Based in Singapore, he leads the firm’s sales and distribution efforts in key markets in the ASEAN Region. Before joining PGIM, Sashi worked at Wellington, where he was Managing Director, Global Wealth, and helped drive Wellington’s Asia Wealth business. He has held various leadership roles during his 20 years in the asset management industry, covering private banks and sub-advisory markets across Asia.
Naveen Gulati, senior vice president, credit strategist, PIMCO
Mr. Gulati is a senior vice president and credit strategist in the Hong Kong office. He is focused on expanding PIMCO’s credit business in Asia, with responsibility for global and Asia credit strategies. He has 12 years of investment experience and holds an MBA from the Wharton School of the University of Pennsylvania.
Michael Gerard D Enriquez, president and chief investments officer, Sun Life Investment Management and Trust Corporation
Mr. Enriquez joined Sun Life in 2012 as Chief Investment Officer, Sun Life of Canada Philippines, Inc. in charge of managing about US$7.0bn in assets under management. He was promoted as the President and Chief Investment Officer (CIO) of Sun Life Investment Management and Trust Corporation (SLIMTC) in 2021. As President and CIO, he is in charge of the day-to-day management, administration, operation and supervision of SLIMTC; developing and implementing relevant policies, procedures, risk management practices and controls. He is also responsible for the achievement of the volume and revenue growth targets of the SLIMTC business via establishment of long term plans, strategic direction and policies. Moreover, he is primarily accountable for the formulation and implementation of strategic and tactical portfolio strategies for all the mandates under management. He is a member of the Sun Life Philippine Leadership Team.
Prior to joining Sun Life, he was the Vice President at BPI Asset Management and Trust Group, heading the BPI Odyssey Equity Funds. He was part of the Board of Trustees of the Fund Managers Association of the Philippines from 2012 – 2014. He has over 24 years of solid and distinguished portfolio management experience gained from stints in various investment and financial service companies. Graduated from the Ateneo De Manila University with a Bachelor of Science degree in Management.
