Keynote Address - Can Fiscal Policy Provide the Post-COVID Economic Boost that Monetary Policy No Longer Can?
With the conference falling two days after this year’s postponed federal budget, which will likely be the most important federal budget in history, there’s no better time to hear from keynote speaker Danielle Wood, CEO and previously the budget policy and institutional reform program director at the Grattan Institute. Wood will give on her assessment regarding how the government is aiming to fill the fiscal policy needs of our economy in the current environment.
Danielle Wood, Grattan Institute
Defence Under Duress: Key Considerations for Fixed Interest Allocations
The enormous policy response to the economic disruptions caused by the pandemic has helped to settle the nerves of investors, but difficult questions remain over the longer-term implications of these actions. How should investors view the sharp flight from risk seen in bond markets earlier in 2020, and just how susceptible is the credit market to a more protracted economic downturn?
Charles Jamieson, Jamieson Coote Bonds / Marc Seidner, PIMCO / Moderator: Tim Wong, Morningstar Australasia
Global Equities Panel - Can Value Beat Growth Again?
Value beats Growth has been the accepted mantra over the long term in equity investing. A long and deep drought for Value suggests this may no longer be the case. Have the technology superstars changed the game forever?
Brad Kinkelaar, Barrow Hanley / Mark Casey, Capital Group / Moderator: Aman Ramrakha, Morningstar Australasia
Direct Equities - Navigating the New Normal
The COVID-19 pandemic has presented new challenges and increased uncertainty. Despite our equity research team’s optimism for treatment and vaccine availability, the virus has fundamentally altered the way we work and live. But it also has presented opportunities for long-term investors willing to navigate these changes, and look past the near-term market volatility. Please join our analysts to discuss the impacts and opportunities they see in the energy, banking, and consumer retail sectors in particular.
Mark Taylor, Morningstar Australasia / Johannes Faul, Morningstar Australasia / Nathan Zaia, Morningstar Australasia / Moderator: Adam Fleck, Morningstar Australasia
Asset Allocation - The Silver Lining to a Cloud of Risk
Let's be honest, portfolio returns haven't been that bad given a global pandemic. But at a time of record low interest rates, conceivably extreme equity market valuations and enormous uncertainty regarding our return to normal life - what are the right portfolio settings to ensure exposure to opportunities without risking the house?
Tony Cousins, Pyrford International / Michael Kelly, PineBridge Investments / Matt Wacher, Morningstar Investment Management / Moderator: Matt Wilkinson, Morningstar Australasia
An Inflection Point for Sustainable Investing - The Time is Now
A global pandemic. Bushfires bringing climate-change and fossil fuels front of mind to Australian investors. Never has there been a timelier litmus test for sustainable investing. These issues have become part of the mainstream investment narrative. Financial Advisers have an opportunity to help investors of all kinds as they begin to consider not only how ESG risks might affect their portfolios but also how their investments in companies and funds might result in positive societal and/or environmental outcomes.
In this panel, we will speak with global ESG experts about sustainability risks and opportunities. We will also explore implications for portfolio strategies and how Advisers can apply new thinking in this area to their businesses, including how to communicate what’s ahead to clients.
Bonnie Wongtrakool, Western Asset Management / Måns Carlsson-Sweeny, Ausbil Investment Management / Michael Jantzi, Sustainalytics / Moderator: Grant Kennaway, Morningstar Australasia
The Valuation Conundrum - What Price for Australian Equities?
As 2020 dawned, no-one foresaw the extent of the health crisis that would rock every economy around the world. But after one of the sharpest sell-offs in history, few would have predicted the scale and speed of the equity market recovery. Growth stocks have led the way, spurred by co-ordinated and unconventional fiscal and monetary policy action, while value stocks have continued to languish in relative terms. With no clear resolution to the health crisis in sight, a deep global recession and ballooning government debt, our panel discusses the risk and reward trade off currently facing investors in Australian equities, and how to value stocks in the current environment.
Mark Arnold, Hyperion Asset Management / Martin Conlon, Schroders / Moderator: Michael Malseed, Morningstar Australasia
Discussing the Right Strategies for your Client Portfolios
Morningstar’s investment specialists will interpret and apply learnings from throughout the conference and answer the top questions on your mind. Gain insights into portfolio construction, investment selection and more.
Tim Murphy, Morningstar Australasia / Aman Ramrakha, Morningstar Australasia / Jody Fitzgerald, Morningstar Investment Management / Moderator: Jamie Wickham, Morningstar Australasia