Morningstar® Investment Conference

30 April - 1 May 2019 | Royal Lancaster London

Morningstar presents the latest developments on financial advice from the industry’s top minds. Discover new perspectives on the market and ideas to put into practice.

2019 Speakers

Nick Britton ACSI
Association of Investment Companies

Brian Byrne
Aviador & Assoc

Ed Gillespie

Simon Hix
London School of Economics

Karen Ward
JP Morgan

2019 Agenda Coming Soon


2018 PDF Agenda

08:00 - 09:00

Registration & Networking Breakfast

09:00 - 09:10

Welcome Address

Connor Sloman, Morningstar

09:10 - 09:45

The End of Cheap Money - Implications for capital preservation

Sebastian Lyon, Troy Asset Management

Sebastian Lyon will discuss the prospect of the end of Quantitative Easing and its implications for the wider economy.

09:45 - 10:20

A Short-seller Meets with Socrates

James Clunie, Jupiter Absolute Return

Moral philosopher Socrates was famous for his argumentative, but also co-operative, dialogues. These involve asking and answering questions to stimulate critical thinking and to draw our ideas and underlying presumptions. So, what would Socrates make of short-sellers and absolute return funds today? Socrates meets with a short-seller and questions whether these are indeed exceptional times in markets, finds out what is working, and asks if absolute return funds are suited to the market regime. He queries robustness, investment 'edge' and the whole 'raison d'être' for short-sellers.

10:20 - 10:55

Emerging Markets Investing - can the good times continue?

Matthew Vaight, M&G

Manager of the M&G Global Emerging Markets Fund, Matthew will outline his value orientated approach to emerging markets investing. He will discuss the current market environment outlining what has been behind recent market moves and how that has resulted in a very wide range of valuations across the emerging market universe. Matthew will highlight where he is finding the most attractive opportunities currently before explaining why with attractive valuations and improving fundamentals he believes the outlook is positive for emerging market equities.

10:55 - 11:30

Networking Coffee

11:30 - 12:05

Investing in Truly Extraordinary Times

Mark Costar, JO Hambro Capital Management

Mark will cover three dynamic themes; capital misallocation and myopic corporate behaviour, the changing rules of price formation and most profound technological revolution ever. They can frequently be side-lined in favour of macro-economic, market or political procrastination and in our opinion, this is potentially a big mistake.

12:05 - 12:40

The Future of Passive Investing

Mark Zinkula, CEO, Legal & General Investment Management; Interviewed by: Hortense Bioy, Director, Passive Strategies, Europe, Morningstar

In this one-on-one conversation, Mark Zinkula will discuss the evolution of passive funds and their growing prominence in the European asset management industry. He will also address the importance of corporate governance and why passive fund managers like LGIM are increasingly taking an active role in the oversight of companies.

12:40 - 13:55

Networking Lunch

13:55 - 14:30

The Generation Gap

Claire Felgate, Blackrock / Gregg McClymont, Aberdeen Standard Investments / Rachel Winter, Killik & Co; Moderated by Emma Wall,

The baby-boomers are a gifted generation - and Millennials have never had it so bad. Or so the rhetoric goes. But how true is this assumption? We examine how interest rates, house prices and financial literacy have changed over the past 50 years, and ask what the financial services industry can do to tackle this inequality.

14:30 - 15:05

How Global Technology Trends Can Impact Adviser Businesses

Ian McKenna, Finance & Technology Research Centre

MiFID II has increased the focus on the cost of investing and the need to illustrate value to the end investor. This session will cover the global technology trends and how they are helping advisers prove their worth.

15:05 - 15:40

Political Volatility in the West - Explaining the Change

Matthew Goodwin, University of Kent

In this talk, Matthew Goodwin will examine the key macro political trends in the West, covering Brexit, the rise of populism in Europe and the state of public opinion. Matthew will look back on the key upheavals of recent years, explaining where many observers went wrong, and look ahead to key events on the landscape. He will put forward his thesis for why the status quo is being challenged and what lies ahead for those in business, media and politics.

15:40 - 16:05

Networking Coffee Break

16:05 - 16:40

ESG and Carbon: deliver better investor outcomes and grow your practice

Haywood Kelly, Morningstar

Haywood Kelly, Morningstar’s Head of Global Research, will address how ESG and carbon are potential gamechangers that can help advisors deliver better investor outcomes and grow their practice. As investors place greater importance on the sustainability practices of the companies in their investment portfolios and the world transitions to a low-carbon economy, Haywood will share how Morningstar is helping investors achieve impact with their investments alongside their financial returns.

16:40 - 17:15

The Impact of Climate Change on Investing

The Rt Hon. John Gummer, Lord Deben, Personal Investment Management & Financial Advice Association

What are the impacts of Climate Change that investors should take into account both in the U.K. and elsewhere? How will they be likely to be reflected in legislation and regulation and what are the reputational and public issues that may affect the value of investment.

17:15 - 17:20

Closing Remarks

Jonathan Miller, Director, Manager Research Ratings, UK, Morningstar

17:20 - 19:00

Drinks Reception

08:00 - 08:55

Registration & Networking Breakfast

08:15 - 08:45

Breakout Session: Fireside Chat with Sarah Soar

Sarah Soar, JM Finn / Liz Field, PIMFA

Liz Field, Chief Executive of PIMFA, will lead a conversation with Sarah Soar, Head of Investment Management at JM Finn. Sarah and Liz will discuss a broad range of topics that she feels passionately about, from career development to navigating the changing dynamics within wealth management and adjusting advice to meet the differing demands and expectations of a 'new breed' of client.

08:55 - 09:00

Welcome Address

Jonathan Miller, Morningstar

09:00- 09:35

Sources of Sustainable Alpha

Aziz Hamzaogullari, CFA, Loomis, Sayles & Company, L.P.

A discussion focused on the importance of investment philosophy and process. Mr. Hamzaogullari will discuss the role of investment team, culture, time horizon, approach to risk and behavioural finance in equity investing and alpha generation.

09:35 - 10:10

The Benefits of Diversified Income

Eve Tournier, PIMCO

As the growth of the global economy continues to strengthen, global monetary support is fading and volatility is likely to increase, requiring fixed income investors to be more flexible in their search for attractive income without overreaching for yield.

10:10 - 10:45

European Equities

Martin Skanberg, Schroders

Is European equities a sound long-term investment? This is a question frequently asked by investors and well known to Martin Skanberg, Fund Manager of the Schroder European Fund. Martin will aim to cover the short-term challenges faced by European investors but also the long-term opportunities. 

10:45 - 11:15

Networking Coffee Break

11:15 - 11:50

Your Guide to the Markets

Karen Ward, J.P. Morgan Asset Management

Join Karen Ward, J.P. Morgan Asset Management's Chief Market Strategist for the UK and Europe, as she explores the key trends and themes that are likely to shape global markets. She will also share her unique perspective on the key issues that you and your clients should be aware of.

11:50 - 12:25

The Biases Advisers Face

Stephen Wendel, Morningstar

We all know that investors face common behavioral challenges in investing: from over-confidence to confirmation bias. In recent years, there has been a slew of research concerning the biases that advisors exhibit as well. Although advisors and other professionals are highly trained and skilled in their trade, they are not immune to the everyday behavioral biases we all face. This presentation takes an in depth look at how advisors can leverage this knowledge to be more successful in their businesses.

12:25 - 13:00

AI & Opportunity: Harnessing technology for competitive advantage

Jeremy White, WIRED

With the rise of biometrics, chatbots and digital assistants, most think we are now living in the AI age. The truth is that this is only the very beginning of this era, and we have a long, long way to go before we hit human-level AI. Companies are already working out ways to gain significant advantage over their competitors using big data, machine learning or artificial intelligence – or all three. Though this rapid pace of change may be daunting for some, one thing is certain: things will never move as slowly as they are right now.

13:00 - 14:00

Networking Lunch

13:15 - 13:45

Breakout Session: Helping Clients in Retirement - Building a Draw-down Portfolio

Emma Morgan, Investment Management group, Morningstar / Mike Coop, Investment Management group, Morningstar

What is the best approach for investors to reach their goals? Outcome-based investing is no longer in its infancy, it is gaining in popularity due to its distinctive approach that differs from traditional multi-asset funds. Emma Morgan and Mike Coop, portfolio managers of the Real Return range at Morningstar, explore this development, highlighting why outcome-based multi-asset portfolios can deliver smoother investment returns over the long term whilst aligning nicely to client goals. 

14:00 - 14:35

Blockchain: Evolution or Revolution?

James Sinegal, Morningstar

Bitcoin and blockchain are among the hottest topics in the financial services industry. Does this technology have the potential to disrupt existing business models, or will companies use it to cut costs, improve services and widen economic moats?

14:35 - 15:20

Life and Death Listening

Richard Mullender, Mullender's

How can you achieve more by doing less? Richard Mullender, a former hostage negotiator, will cut through the noise so that you leave this session knowing exactly how to understand and influence your clients quickly. With modern technology changing how we interact, Richard will reignite your passion for fundamental communication skills. 

Richard will show you how to get the most out of the time you have with your clients, so that you genuinely understand what makes them tick. Expect an interactive and enlightening session!

15:20 - 15:30

Closing Remarks and End of Conference

Jonathan Miller, Morningstar

When You Get Here

Welcome to London

London is home to Morningstar's European Headquarters. At the Royal Lancaster London, you'll be based centrally and a walk away from the likes of Oxford Street, Park Lane, and Paddington.

Where You’ll Stay

Relax at the Royal Lancaster Hotel, a stone throw away from Hyde Park, the largest of the Royal Parks. Enjoy the best views of London and explore the city with Lancaster Gate tube station situated adjacent to the hotel and Knightsbridge and Oxford Street within a 15-minute walk.



Royal Lancaster Hotel

Lancaster Terrace

London, W2 2TY

The Caesar Hotel
26-33 Queen's Gardens
London, W2 3BE

Username: Mornstar
Password: ECCA0084

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. 

Lead Sponsors

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See you at the conference