Global Investment Strategy Forum 2024 | [i3] Investment Innovation Institute | 15 October 2024 | TBA, Singapore

This Forum will look forward in addressing these issues and implications for portfolio construction.

Patience vs Dynamism:
• Offers insightful parallels to the world of institutional investing, where the rapid pace of transactions and the pursuit of immediate gains often dominate the landscape.

Long-term Investing Misunderstood?:
• A competitive edge that asset owners – pension, sovereign and insurance funds – have over other financial institutions is patient capital, which in most cases, is analogous to long-term investing. However long-term investing is often naively framed in time horizons or holding periods. According to research by Australian National University associate professor Geoff Warren, long-term investors should primarily be concerned with long-term outcomes, plus consider the many facets of investing for the long haul that extends beyond the investment approach.

Embracing an objective-driven definition allows the asset owner to develop a comprehensive framework, which includes:
• Policy and governance
• Strategic and dynamic asset allocation of capital
• Risk management, including climate, geopolitics etc.
• Portfolio implementation, asset class approaches and access

Innovation & Technology:
• Institutional investors can benefit from innovative approaches such as embracing technology and harnessing data analytics to analyze market dynamics and identify idiosyncratic opportunities.

Connectivity & Complexity:
• Institutional investors operate within a complex network of financial institutions, regulatory bodies and global markets. The interplay of geopolitics, deglobalization, supply chain disruptions, regulatory interventions, technological advances have resulted in an environment that is uncertain and volatile.

Essence of Portfolio Construction:
• Reflect on the importance of patience, risk management, diversification, innovation and adaptability.