SPS Secure Income and Liquidity in the New Investment Environment 2023 | SPS Conferences | 17 May 2023 | The View at the Royal College of Surgeons, 38-43 Lincoln's Inn Fields, London WC2A 3PE, UK

Following the LDI crisis, this conference aims to help pension funds and other institutional investors look at secure income strategies (through infrastructure and real assets) and compare and contrast these with more liquid investment strategies. What role do secure income strategies play in today’s investment climate? With yields higher overall to what extent is secured income still a way of earning more than the risk free rate? How much liquidity do you need and how do you manage the illiquid elements of your portfolio?

Economic and market outlook;
• Where next for inflation and the implications for monetary policy?
• Why have we seen an LDI crisis and a Banking crisis?
• Which areas of financial markets are most vulnerable?
• Positioning your portfolio to manage this fast developing environment

Reviewing and Monitoring LDI to suit your objectives
LDI is a valuable tool for pension funds but following the crisis last year it’s important to review it regularly to ensure it meets your objectives.
• Compare the different approaches LDI managers took to navigate the gilts crisis, the associated outcomes, and what can be learned
• Understand how LDI has already evolved following the gilts crisis
• Consider what steps you should take to monitor your LDI arrangements and ensure they are robust and that you are operating in line with recent guidance

Private infrastructure
• Infrastructure and real assets in the current higher rate environment
• Pricing trends in infrastructure and real assets
• Inflation protection
• ESG considerations
• Looking ahead to end 2023-2024 and forecast lower inflation

2023 Speakers

MODERATORS:

Lorant Porkolab
Director, LawDeb

Martin Collins
Trustee Director, Vidett Limited

Anne Sander
Client Director, Zedra

SPEAKERS:

Andrew Milligan
Independent Investment Consultant and Economist

Nick Harvey
Partner - Investment, XPS Pensions Group

Minesh Mashru
Head of Infrastructure, Cambridge Associates

Phelim Bolger
Infrastructure Specialist, IFM Investors

Norbert Fullerton
Partner, Lane Clark & Peacock

Andrew Harrison
Trustee, RSA Group Pension Scheme

Richard Hubbard

Professional Trustee Capital Cranfield &
Chair of Pensions Committee, The Church of England, Pensions Board

2023 Sponsor

• IFM Investors