NOW DIGITAL

Morningstar
Individual Investor Conference

Two days of research, analysis and insight. Join us
Oct. 29–30, from wherever you are.

Featured Speakers

Brad Bugg

Morningstar Investment Management

Brad Bugg is Head of Multi Asset Strategies for Morningstar Investment Management and is responsible for the Multi-Asset Funds as well as its suite of Australian and Global Fixed Income Funds. At Morningstar his focus has been on the ongoing development of portfolios best suited to deliver on the client’s long term goals. Brad has worked in investment markets for the last 25 years.

John Cowling

Australian Shareholders' Association

John’s 40-year corporate career has seen him work in Australia, US and UK and Asia. Originally trained as a chartered accountant John progressed into senior management roles and has held positions as CEO of public and private companies, NSW government transport corporations and more recently internet companies in Australia and overseas.

Chris Cuffe

Third Link Investment Managers

Chris entered the funds management industry in 1985. In 1988 he joined Colonial First State where he was CEO from 1990 until 2003. In 2003 he became CEO of the listed Challenger Group. Chris now has a portfolio of activities in the investment and non-profit sectors

Gemma Dale

nabtrade

Gemma Dale is nabtrade’s Director of SMSF and Investor Behaviour. She is the host of the Your Wealth podcast, a weekly podcast for investors, featuring insights and updates from market and finance experts across a range of topics. She is a regular market and finance commentator on Ausbiz, Your Money, Sky Business, featured on Sunrise, AFR, ABC TV and Radio, Channel Ten and other media. Regular presenter at major industry events including ASX Investor and Adviser Days.

Larry Diamond

Zip Co

Larry co-founded Zip Co Limited in 2013 following 12 years’ experience in retail, IT, corporate finance and investment banking at Pacific Brands, Macquarie Capital and Deutsche Bank. He is a former consultant to lenders Prospa Advance, Money in Advance and payment operator Live TaxiEpay. Larry is a Qualified Chartered Accountant and holds a Bachelor of Information Technology and Master of Commerce (Finance).

Hamish Douglass

Magellan Financial Group

Douglass is Co-Founder, Chairman and Chief Investment Officer of Magellan Financial Group, and Lead Portfolio Manager of Magellan’s Global Equity strategies.

Paul Flynn

Whitehaven Coal

Paul has extensive experience in the mining, infrastructure, construction and energy sectors gained through 20 years as a professional advisor at Ernst & Young. Paul was formerly Chief Executive Officer and Managing Director of the Tinkler Group and was instrumental in the merger of Whitehaven Coal with Aston Resources. Paul joined the Board of Whitehaven on 3 May 2012 and assumed the role of Managing Director and CEO on 27 March 2013. Prior to joining the Tinkler Group, Paul was the managing partner of Ernst & Young's Sydney office and a member of its Oceania executive team. As a partner for over eight years, Paul managed many of the firm's largest mining and energy clients across Australia, Asia, South and North America. Paul has also fulfilled various leadership roles with large corporations on secondment including as the CFO of a top 50 listed company.

Balaji Gopal

Vanguard Australia

Balaji is Head of Personal Investor at Vanguard Australia, and a member of Vanguard’s Australian executive team. In this role, Balaji leads Vanguard Australia’s retail business, including the build out of a digital offer that allows Australian investors to take greater control of their investment portfolio.

Peter Harper

BetaShares

Peter is Co-Head of BetaShares Distribution team, with responsibility for leading sales strategy and execution across all client segments, as well as leading the firm’s capital markets activities. As Head of Capital Markets, Peter is responsible for educating and assisting investors to achieve best execution and liquidity in Betashares Exchange Traded Funds.

David Harrison

Charter Hall

With a specific focus on strategy, David is responsible for all aspects of the Charter Hall business. Recognised as a multi-core sector market leader, David has over 33 years’ global property market experience and has led transactions exceeding $40 billion of commercial, retail and industrial property assets. Under his stewardship, the Charter Hall Group portfolio has grown from $500 million to $41.8 billion of assets under management.

Kate Howitt

Fidelity International

Kate Howitt has sole responsibility for the Fidelity Australian Opportunities Fund, which she has managed since its inception in 2012. The fund is highly rated by Morningstar and in 2016, she was included in CNBC’s list of the world’s top 20 female portfolio managers.

Doug Morris

Sharesight

Morris is the CEO of Sharesight. He joined Sharesight in 2013. He holds a Bachelor’s degree in Psychology from Southern Methodist University in Dallas, TX. Prior to Sharesight, Doug worked at Morningstar, where he held various positions including Product Manager for Morningstar Adviser Research Center (a platform serving financial advisers), and Global Product & Marketing Manager, Equity & Credit Research, overseeing international research distribution.

Diana Mousina

AMP Capital

Diana joined AMP Capital in 2016 as a senior economist within the Investment Strategy and Dynamic Markets team. Diana’s responsibilities include providing global economic and macro investment analysis to retail, institutional and internal customers through her regular “Econosights” reports and presentations. Diana regularly presents AMP Capital’s macro views across various media outlets including Bloomberg, CNBC, Ausbiz and more.

Anton Tagliaferro

Investors Mutual Limited

Anton is the co-manager of the Investors Mutual Australian Share Fund and Portfolio Manager of the Investors Mutual All Industrials Share Fund. In addition, Anton co- manages QV Equities Limited, a Listed Investment Company focused on the ex 20 sector. Anton established IML in 1998 as a boutique, value style Australian equities fund manager.

Peter Warnes

Morningstar Australasia

Warnes is head of equity research at Morningstar. An experienced leader within the Australasian business, Peter regularly contributes thought-provoking research, meets with investors, and represents Morningstar equity research in the media.

Noel Whittaker

Author

For 30 years, Noel was a Director of Whittaker Macnaught, one of Australia’s leading financial advisory companies, with more than two billion dollars under management. He relinquished all interests in that business in 2007. Noel is one of the world’s foremost authorities on personal finance, reaching over four million readers each week through his columns in major Australian newspapers all over in Australia.

2020 Digital Agenda

Live Sessions: Thursday October 29


9:00 a.m. – 9:15 a.m. (AEDT)
Welcome and Opening Address
Jamie Wickham, Morningstar Australasia


9:15 a.m. – 10:00 a.m. (AEDT)
The Cost of Covid: The Long-Term Impact on Markets and Economies

"Whatever it takes” – three words uttered by the former European Central Bank President Mario Draghi at the peak of the 2012 sovereign debt crisis became the catchcry of global central banks. Eight years on, in the shadow of the covid-19 pandemic, the mantra has been resurrected. Central banks and government came to the rescue in March, injecting billions into the economies to prop up business and save jobs. But as we begin to reawaken, how severe will the hangover be and how long will it last? AMP Capital senior economist Diana Mousina assesses the economic legacy of covid-19 and its long-term impact on global markets. Diana Mousina, AMP Capital


10:10 a.m. – 10:55 a.m. (AEDT)
Covid and the Rise of the Retail Investor: Will It All End In Tears?

Friends swapping stock tips on Facebook, investing advice around the barbecue, cab drivers summarising the day's financial news. 2020 has been a new dawn for retail investors. After decades of being marginalised by the financial services industry, investors from across the age and wealth spectrum seized the covid downturn as a chance to jump into the market, picking up discounted blue chips, ETFs and betting on speculative stocks – and making handsome returns. Meanwhile, a host of new trading products capitalising on the moment have lowered the bar of entry for small investors, a trend fanned by social media. But some fear this style of investing could be the harbinger of a fatal stage in markets as popularity peaks. Will this new breed of investor transform the market for the better, or will it all end in tears? NAB's Gemma Dale explores.
Gemma Dale, nabtrade


10:55 a.m. – 11:25 a.m. (AEDT)
Morning Break


11:25 a.m. – 12:10 p.m. (AEDT)
Promises and Pitfalls of Investing Offshore with ETFs

Investors can make strong and logical arguments for investing overseas. Australia represents a relatively small part of the global economy and our market's lack of sector diversity persists. We can all name household names listed offshore that we've missed out on. Home bias is a tough habit to break, but Australia's exchange-traded fund (ETF) market has opened the door investing offshore, making overseas exposure accessible via the local exchange. But investing offshore also throws up many questions. How much of my equity portfolio should I allocate offshore? How should I think about currency risk? Should I invest across broad markets or seek out countries and sectors? Morningstar senior analyst, manager research, Matt Wilkinson seeks answers to these questions with help from Vanguard's Balaji Gopal, BetaShare's Peter Harper and Morningstar's Brad Bugg.
Balaji Gopal, Vanguard Australia / Peter Harper, BetaShares / Brad Bugg, Morningstar Investment Management / Moderator: Matt Wilkinson, Morningstar Australasia


12:20 p.m. – 1:10 p.m. (AEDT)
Property: It's All About Location, Location and.... Strategy

The pandemic ravaged the earnings of property companies in 2020, but Charter Hall was relatively unscathed. Charter Hall’s managing director and group chief executive David Harrison will discuss property market insights from the front lines, and explore why Charter Hall’s investment strategy worked well, and what may be in store for property in future. David will also answer questions from Morningstar Equity Analyst Alex Prineas, and field audience questions.
David Harrison, Charter Hall / Moderator: Alex Prineas, Morningstar Australasia


1:10 p.m. – 2:10 p.m. (AEDT)
Lunch Break

Additional Lunch and Learn Session 1:20 p.m. - 1:50 p.m. (AEDT)

Doug Morris and Mark LaMonica will demonstrate how you can use Morningstar Premium and Sharesight to support you during your investing journey. They will cover the resources and tools that can be used to help you align your portfolio with your goals, rebalance your portfolio, track your investments and invest in a tax efficient manner.
Doug Morris, Sharesight / Mark LaMonica, Morningstar Australasia


2:10 p.m. – 2:50 p.m. (AEDT)
My 10 Biggest Investment Management Lessons

After almost 40 years inside the world of managing investments and selecting fund managers, Chris summarises his experiences into 10 quick lessons. His observations are not the traditional cliches about past performance and management styles, but what really works when selecting investments.
Chris Cuffe, Third Link Investment Managers / Moderator: Graham Hand, Firstlinks


3:00 p.m. – 3:50 p.m. (AEDT)
Australian Equities: The Valuation Conundrum

As 2020 dawned, no-one foresaw the extent of the health crisis that would rock 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.
Anton Tagliaferro, Investors Mutual / Kate Howitt, Fidelity International / Moderator: Michael Malseed, Morningstar Australasia

Live Sessions: Friday October 30


9:00 a.m. – 9:15 a.m. (AEDT)
Welcome and Opening Address
Mark LaMonica, Morningstar Australasia


9:15 a.m. – 10:00 a.m. (AEDT)
Being an Engaged Investor in the Time of Covid-19

2020 – the year everything changed. Environmental destruction, social upheaval and now a global pandemic has forced Australian investors to be hyper vigilant, keeping a watchful eye on balance sheets, company strategy and a wave of capital raisings – some of which exclude or disadvantage retail investors. Shareholders also have an important role to play demanding transparency and holding boards to account, forcing companies to take issues like inappropriate behaviour, diversity and climate change seriously as social and environmental issues come to the forefront. Australian Shareholders Association chief executive John Cowling presents what it means to be an engaged investor in 2020.
John Cowling, Australian Shareholders' Association


10:10 a.m. – 10:55 a.m. (AEDT)
US Election and Your Portfolio

Four more sleeps to the US 2020 election. A progressive bet or Trump 2.0? Expert in global investing Hamish Douglass weighs in at what's at stake in the most important poll of our lives.
Hamish Douglass, Magellan Financial Group / Tim Murphy, Morningstar Australasia


10:55 a.m. – 11:25 a.m. (AEDT)
Morning Break


11:25 a.m. – 12:15 p.m. (AEDT)
Unscrambling the 2020 Omelette

The year 2020 will go down in history as one of the most intriguing global financial markets have endured. What does the road out look like? How does Australia fare should US and China tensions rise?
Peter Warnes, Morningstar Australasia


12:25 p.m. – 1:05 p.m. (AEDT)
Buy Now Pay Later – Fad or Future?: In Conversation with Zip's Larry Diamond

Are we just at the start of a payment's revolution, or witnessing the beginning of the end? This question has plagued Aussie investors as they watch bullet-proof buy now, pay later outfits rally to new highs. BNPL companies seem to be rewriting the rules, and millennials can't get enough. But they're not out of the woods yet. We sit down with Larry Diamond, the co-founder of local success story Zip Co, to talk US expansion, the competitive landscape and the death of the credit card.
Larry Diamond, Zip Co / Moderator: Emma Rapaport, Morningstar Australasia


1:05 p.m. – 2:05 p.m. (AEDT)
Lunch Break


2:05 p.m. – 2:50 p.m. (AEDT)
Investing Until You’re 100

At any point in time, the future looks uncertain. While the range of outcomes under COVID-19 is more extreme than usual, the outlook is always unclear. Rather than speculate about markets, it’s better to stay the course with a diversified portfolio based on your attitude to risk.
+Book giveaway
Noel Whittaker, Author / Moderator: Graham Hand, Firstlinks


3:00 p.m. – 4:00 p.m. (AEDT)
Morningstar's Best Equity Ideas for 2020 and Beyond

Covid market selloff a gross overreaction". That was the message Morningstar equity analysts broadcast to the world as global markets entered their fastest bear market on record. Did they have a crystal ball? No. Just good old-fashioned analysis backed by years of experience. Analysts hunkered down during August reporting season, poring over financial statements, commentary and presentations in search of the first signs of recovery. Join them as they reveal the investment opportunities they've unearthed for 2020 and beyond.
Grant Slade, Morningstar Australasia / Gareth James, Morningstar Australasia / Brian Han, Morningstar Australasia / Moderator: Adam Fleck, Morningstar Australasia

On-Demand Sessions


Coal Mining in the Age of Covid-19 and ESG: An Interview with Whitehaven Coal Chief Executive Paul Flynn

Morningstar's Mat Hodge and Lex Hall talk to the CEO of the independent producer and exporter about the company's fortunes and its future. Flynn explains why a conservative approach to units costs and volumes is the right approach; the effect of covid-19; the outlook for Whitehaven's key development projects in southeastern Australia; how the company manages ESG risks; and why institutional investment in Whitehaven is the highest it's been.
Paul Flynn, Whitehaven Coal / Moderators: Lex Hall, Morningstar Australasia / Mathew Hodge, Morningstar Australasia 


The Art and Science of Valuing Stocks

Have you ever wanted to estimate your own fair value for stocks? Adam Fleck guides you through the process of building a forecast, discounting future cash flows, and incorporating a company's moat into your analysts.
Adam Fleck, Morningstar Australasia 


The US Economy After Covid-19
Preston Caldwell, Morningstar Inc. 


The Race for a Covid-19 Vaccine
Karen Andersen, Morningstar Inc.


Investing at the End of the World: Taking the Long View When Nothing Seems Certain’
Sarah Newcomb, Morningstar Inc.

2020 Digital Sponsorship Opportunities

Be a visible part of the conference 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


Technology Sponsor

Frequently Asked Questions

What does “digital event” mean?
The digital Morningstar Individual Investor Conference is an immersive online event that features all the key benefits you love about our conference, bringing together industry leaders and investing specialists to discuss the latest developments and share new perspectives on the market.

What software will be required to view the keynote speakers, panel discussions and interact with people?
The digital Morningstar Individual Investor Conference will be web-based, so all you'll need is a computer and an internet connection.

How do I access the digital conference?
You will receive an email from Morningstar Events the week of Oct. 26, 2020 with credentials needed for access.  

Will any form of in-person event take place for the Morningstar Individual Investor Conference?
There will not be any in-person event taking place in association with the Morningstar Individual Investor Conference in 2020.

Where can I find the agenda for the digital Morningstar Individual Investor Conference?
While subject to change, our full agenda is now available on the site. Just scroll up! 

I’m registered. What can I do now to prepare for the conference?
Bookmark our social media hash tags to get the latest updates and live insights from the conference: #MIICAU

#MIICAU