Morningstar® Investment Conference

Madrid 2018

8 May, 2018 | Hotel VP Plaza España Design

Thank you for attending #MICSPAIN. See you next year!

Morningstar brings the latest market insights and investment views from the industry’s top minds. Discover new perspectives on the market and ideas to put into practice.

Speakers

The conference brings together some of the financial industry's top minds.

Keynote Speakers

Lawrence Johnson

Morningstar

Lawrence is SVP and the Head of Fintech Engagement at Morningstar, leading global financial technology outreach initiatives. He was the CEO of RightPond, a Fintech company. He began his career at IBM.

Paolo Sironi

IBM Watson Financial Services

Paolo is C-level advisor for banking innovation at IBM, mentoring financial institutions and entrepreneurs globally on digital business models and investment analytics. He is a bestselling author on finance, technology and regulation.

Steven Smit

Morningstar

Founder and CEO of Morningstar in Benelux, Steven also oversees Morningstar’s Global ESG Program. Furthermore he established the Masarang International Foundation that engages in reforestation and biodiversity preservation in Indonesia.

Timothy Strauts

Morningstar

Tim is Director of Quantitative Research, head of a team dedicated to data and to the development of innovative statistical models for mutual funds and ETFs, with a focus on risk analysis and management, stress tests and quantitative analysis.

Main Stage Speakers

Muna Abu-Habsa

Morningstar

Muna Abu-Habsa is the director of manager research ratings for EMEA and Asia and has overall leadership of cross-border ratings outcomes. She joined Morningstar’s manager research team as an analyst in 2007 and specialised in equity strategies.

Fernando Bernad

azValor Asset Management

Fernando is founding Partner and Portfolio Manager at azValor, joined in 2015. He has more than 20 years of experience in value style management of portfolios among Spain and Germany. 

Ashis Dash

Morningstar

Ashis Dash is an Associate Director within Morningstar’s manager research team and leads UK-based fund research on fixed-income strategies. He joined the firm as an analyst in May 2015 after a five-year stint at a UK-based family office.

Rob Drijkoningen

Neuberger Berman

Managing Director, he joined Neuberger Berman in 2013. Rob is Co-Head of the Emerging Markets Debt team. Since 1990, with a Macro-Economics degree and sell side experience at Nomura and Goldman, Sachs he has authored numerous EMD articles.

Fiona Frick

Unigestion

Fiona Frick is the Chief Executive of European boutique asset manager Unigestion. She serves on the Board of Sustainable Finance Geneva and is listed as one of the 100 Most Influential Women in Finance by Financial News.

Suzanne Hutchins

Newton Investment Management

Portfolio manager and team leader for Newton’s Real Return strategy, Suzanne initially joined Newton in 1991 as a research analyst. After 14 years at Newton, she joined Capital International, before re-joining Newton in 2010 as a portfolio manager.

Isabel Levy

METROPOLE Gestion

Isabel Levy co-founded METROPOLE Gestion in 2002, one of the first independent French asset management company specializing in Value investing. She is Member of the Board, Managing Director and Chief Investment Officer.

Fernando Luque

Morningstar

After about 7 years analyzing funds for the Spanish Consumer Organization, he joined Morningstar in May 2001 with the arrival of the company in Spain. Since then, he has held the position of Senior Financial Editor for Morningstar in Spain.

Francisco García Parames

Cobas AM

Degree in Economics by Universidad Complutense and Master’s by IESE. In 1989 he joined Bestinver AM as an analyst; two years later he began managing equity funds. He left Bestinver AM in 2014 and after a two year non-compete founded Cobas AM in 2016.

Paul Read

Invesco

Paul co-leads Invesco Perpetual´s Fixed Interest team. He started in UBS in 1986 and then moved to Merrill Lynch, managing bond sales, debt trading, and finally fixed-interest trading before Invesco.

Edwin Walczak

Vontobel Asset Management

Edwing joined Vontobel in July 1988 and has held a management position on the U.S. Equity Strategy since its inception. He received an M.B.A. in finance and an M.A. in international politics and economics from Columbia University.

Andreas Zoellinger

BlackRock

Managing Director, portfolio manager, and member of the European Equity team within the Fundamental Equity division of BlackRock’s Active Equity Group. He is co-portfolio manager for the BGF Euro-Markets Fund and BGF European Equity Income Fund.

On the Agenda

Agenda is subject to change.

The attendance will be valid for 5 hours of certification training for EFA and EFP.
The attendance will be valid for 5 CE credits for CFA Charterholders and Certified Advisor-CAd.


9:00–9:15

Registration


9:15–9:30

Welcome


9:30–10:00

FinTech Innovation and MiFID II: Value Generation for Investors

Paolo Sironi, IBM Industry Academy, and Author, IBM Watson Financial Services

FinTech innovation is the opportunity to master a global shift in financial services, as business models are due to transform from transactional revenues to the offering of added-value propositions under MiFID II. The capability to create client-centric digital platforms will divide winners from laggards in the digital era, all based on artificial intelligence to augment the added-value role of intermediaries and clients’ capability to make financial decisions. This shift is not easy and success requires to look beyond disruptive innovation toward sustaining innovation, centred on the the digitisation of knowledge, while digital payments are the new entrants’ gateway to the banking relationships centred on personal journeys and experiences. We will provide constructive criticism to the fintech ecosystem and learn which products or solutions will ultimately justify the fees.


10:00–10:45

Investing With Style

Andreas Zoellinger, Managing Director and Portfolio Manager, Blackrock / Fiona Frick, Chief Executive, Unigestion / Francisco García-Paramé, Founder, Cobas AM / Muna Abu-Habsa, Director, Ratings, Manager Research EMEA & Asia, Morningstar

In the last years selecting the right investment style (growth or value; large or small) has been critical to the returns delivered. Three outstanding stock investors with different strategies and different styles come together to discuss their views on style investing and explain their underlying strategy. They will talk about where they see value in today’s market and how they are positioning their portfolios accordingly.


10:45–11:30

Coffee Break


11:30–12:00

Introducing Morningstar MQR and Efficacy

Timothy Strauts, Director of Quantitative Research, Morningstar


12:00–12:45

Best Investment Ideas in Equities

Edwin Walczak, Portfolio Manager/Senior Research Analyst and Managing Director, Vontobel Asset Management / Isabel Levy, Co-Founder, METROPOLE / Gestion Fernando Bernad, Partner and Portfolio Manager, azValor Asset Management / Fernando Luque, Senior Financial Editor, Morningstar

Renowned fund managers will share their views on where they see opportunities in Europe. They will discuss their strategies on how to select the best companies and what are the most attractive sectors. The panelists will also discuss why European markets have underperformed other markets in the recent past and if this may change in the near future.


12:45–14:30

Cocktail Lunch


14:30–15:00

ESG and Carbon: Delivering Better Investor Outcomes

Steven Smit, Head of Sustainability, Morningstar

With the tremendous growth of global sustainable assets and increased importance to incorporate ESG into the investment process, managing a portfolio’s ESG characteristics is becoming more important. Likewise, climate change presents one of the biggest economic and political challenges of the 21st century, according to the United Nations Commission on Sustainable Development.


15:00–15:45

Navigating the Fixed Income Space

Suzanne Hutchins, Portfolio Manager and Team Leader, Newton Investment / Paul Read, Fixed Interest Team Co-leader, Invesco / Rob Drijkoningen, Managing Director, Neuberger Berman / Ashis Dash, Associate Director, Fixed Income Strategies, Morningstar

Bond fund managers grapple with a challenging future given an uncertain central banks’ policy going forward. How to invest in today’s fixed income markets where rates have a high possibility to go up? Three fund managers will share their views on how to manage this investment risk and where they find value in the bond markets.


15:45–16:15

Making Sense of Blockchain and Cryptocurrencies

Lawrence Johnson, SVP & Head of Fintech Engagement, Morningstar

When You Get Here

Welcome to Madrid

¡De Madrid al cielo! It’s one of the most famous sayings about the city, as its sky has an intense blue color that makes it characteristic. It’s the Spanish capital since 1561, a cosmopolitan city that combines the most modern infrastructures with its status of economic, financial, and administrative centre.

Hotel VP Plaza España Design

Plaza de España, 5, 28008 

Madrid

The new VP Plaza España Design hotel is located in a privileged site of the capital, in the Plaza de España of Madrid,
just a few steps away from the Royal Palace, the Almudena Cathedral, and the Temple of Debod.

Aa Hotel Serrano

C/ Marqués de Villamejor. 8 28006 Madrid

Email reception@serrano@aahoteles.com with the subject "Morningstar
Investment Conference" by April 13 to receive a special offer.

Hotel NH Collection Madrid Abascal

c/José Abascal 47 28003 Madrid

Email gso.es.madrid@nh-hotels.com to book your room. Please include
the following reference code: MB0001187236-MORNINGSTAR.

Hotel NH Collection Madrid Zurbano

Calle Zurbano, 79-81 28003 Madrid

Email gso.es.madrid@nh-hotels.com to book your room. Please include
the following reference code: MB0001187236-MORNINGSTAR.

For further information, contact eventos@morningstar.com.

Thank You to Our Sponsors

Be a visible part of the MIC experience by becoming a sponsor. It’s about more than attendees seeing your company’s logo—it’s an effective way to reach decision makers. View the sponsorship kit.


Principal Sponsor

Flossbach Storch Logo

Exhibitors

La Financiere de l echiquier Logo
Vontobel Logo
Sustainalytics Logo

Endorsements

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caia Logo
mfia Logo

Media Partners

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See you at the conference.

#MICSPAIN