Webinaire (2 octobre 2019)

 

 
Wednesday, October 2nd
 
The Role of Liquid Alternatives



in Institutional Portfolios

In an environment of concentrated portfolio risks and low expected returns to public equities and sovereign bonds, investors have embraced alternative asset classes and strategies. This embrace has revealed a broad willingness to bear additional illiquidity risk.  Investors often associate this risk with a positive expected return premium.
 
Concurrently, liquidity remains an important facet of many investor portfolios. This includes mature plans with benefit liabilities to pay, and plans invested in illiquid investments for which the timing of capital calls is uncertain.
 
A common perception is that liquidity comes at the cost of a drag on performance. As a result, Liquid Alternative (LA) asset classes and strategies are often under-represented in portfolios.
 
In this seminar, we will challenge this perception. Based on three metrics —expected return, correlation, and tail risk mitigation— we will demonstrate that an allocation to LAs is a core component of a well-constructed portfolio, and can help investors target smoother, more attractive long-term performance.
 
By utilizing a broad range of long-only and long/short investment strategies across traditional and alternative asset classes, and multiple investment horizons, LAs complement allocations to illiquid alternatives, and diversify macroeconomic risk concentrations inherent in traditional, equity-centric portfolios.


PRESENTER
Michael Sager, Ph.D.
Vice-President & Client Portfolio Manager,
Multi-Asset & Currency Management
CIBC Asset Management

DATE: Wednesday, October 2, 2019
TIME: 12:00pm–1:00pm ET

COST
ACPM Members = COMPLIMENTARY
Plan Sponsor* non-Members = $60.00 plus applicable taxes
Non-Members - $80.00 plus applicable taxes

* = Plan Sponsor, Administrators, Trustees and Government Employees

To Register for this important webinar, please click HERE.
This program is eligible for CE/CPD hours. For more information, consult with your professional association.

IMPORTANT: IF YOUR REGISTRATION IS COMPLIMENTARY ($0 BALANCE), PLEASE SELECT 'CHEQUE' AS YOUR METHOD OF PAYMENT.  Login information will be circulated closer to the date of the webinar.

ACPM provides numerous webinars during the year. Become an ACPM Member and they're all FREE. Click HERE for Membership details.