Topics for Debate

Examining the Key Geopolitical and Macro Tail Risks and their Implications for an Institutional Investment Portfolio

• Exploring the theoretical framework for tail risk, the relative cost of tail risk protection
• and value to an institutional portfolio given the nature and frequency of fat tail events
• Central Bank exit policies and the end game for sovereign risk
• Global consequences of food and agriculture inflation
• Evaluating the tail risk of a permanent oil supply shock and how this may be traded or hedged in an institutional portfolio
• Assessing the US fiscal condition and whether the political will exists to prevent a US sovereign crisis
• Determining the status of the dollar as reserve currency

Investing in a New Multi-Polar Global Landscape

• Resolving the global imbalance between emerging markets and the developed world
• China – the bull and bear debate
• Examining the fiscal condition and outlook for Europe

The Practitioner's Approach to Allocating Risk & Assets Globally

• Doing well in global investing – top institutional investors explain how market upheavals are influencing the ways in which they are allocating risk on a global basis
• Macro world or stock pickers paradise? Have we reached the inflection point where micro matters, or will investment returns continue to be driven by geopolitical shocks and major global events?
• Bridging the gap between expected earnings and real returns and the degree to which investors are trading liquidity for returns

Investing in the New Risk Paradigm

• Exogenous threats – understanding the limitations of prediction and using vulnerability analysis to protect your investments
• Reassessing the power of governments vis-à-vis an electronically empowered and awakened population – how social media sped the revolution in the middle east and the implications for the nature and pricing of geopolitical risk