Amid challenging market conditions, private investments such as private real estate, credit, and equity are looking more attractive to broader range of investors. The session will review the features, advantages, and trade-offs of private market investing. Topics include alternatives in a portfolio construction context, how private market investing can drive value creation, the favorable environment for private credit, and where we are seeing opportunities in private real estate. We will review Blackstone offerings including Blackstone Real Estate Income Trust, Inc. (BREIT), Blackstone Private Credit Fund (BCRED), as well as our illiquid offerings available to you.

Workshop Objectives: Learn why private investments such as real estate, private credit and private equity can help your clients build wealth using tools unavailable through public markets.

Company Profile: Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone’s Private Wealth Solutions group provides Blackstone’s partners with the support they need to invest beyond traditional asset classes and unlock differentiated opportunities.

With recent challenges to the traditional 60/40 investment strategy, many investors have broadened their search for yield and are increasingly seeking to invest in private markets. Learn about the benefits and trade-offs of private debt and private equity from Churchill Asset Management, an investment affiliate of Nuveen and leading platform in the world of private capital.  

Churchill has several offerings available that take advantage of the team’s expertise within senior secured lending, junior capital and private equity co-investments. We will explore these opportunities as well as how Churchill stands out in an industry where many managers sound the same. 

Workshop Objectives: Deeper understanding of the middle market private capital landscape, including Churchill’s competitive advantages in the space as investors evaluate managers and opportunities.

Company Profile: Churchill is an award-winning U.S. private capital manager, providing senior lending, junior capital and equity co-investments to private equity sponsors and their middle market portfolio companies. Churchill also invests over $1B annually as a limited partner in leading private equity firms, a key differentiator that drives proprietary deal flow. 

Churchill has a 17-year track record of disciplined investing throughout multiple economic cycles and is supported by 160 professionals across five U.S. offices. As a majority-owned affiliate of Nuveen, the asset manager of TIAA, Churchill also benefits from the institutional infrastructure of a $1.1B diversified asset manager with $89B invested in private capital. 

For more information, please visit www.churchillam.com.

Overview of Clarion Partners Real Estate Income Fund which gives individual investors direct exposure to a portfolio of well-leased private real estate that balances potential income generation and attractive growth opportunities.   

Workshop Objectives:

•    Provide an overview of Clarion Partners Real Estate Income Fund
•    Discuss the benefits of adding private real estate to a traditional 60/40 stock/bond portfolio
•    Provide an overview of Clarion Partners and the Firm’s 40 year history managing private real estate

Company Profile: From large institutions to individual investors, each of our clients wants the same thing. To achieve their financial goals. And for more than 75 years, we’ve helped them do exactly that. Everything we do at Franklin Templeton is focused on delivering our clients better outcomes. And that’s why millions of clients in more than 150+ countries have entrusted us with their investments, making us one of the world’s largest independent asset managers. With $1.4T in total assets under management and more than $257 billion* of those assets dedicated to real estate, private equity, private credit and more, we offer a comprehensive range of alternatives solutions.
* Source: Franklin Templeton. As of June 30, 2022.

The Federal Reserve’s Zero Interest Rate Policy, which was a powerful force fuelling the last decade of strong performance in growth assets and asset flows in passive strategies, has effectively come to an end.   Regime changes are rarely swift and short lived, they take time to settle in, which means the next decade for investors isn’t likely to be the same.  From this starting point we believe the setup for Value and Active Management is as attractive as it has been in recent years both domestically and abroad. 

Workshop Objectives: Connect with decision makers at various allocators who are considering allocating to value equities or increasing their position within value equities and are looking for a genuine value manager.  

Company Profile: Founded in 1995, Boston Partners is a global investment firm specializing in value equity and equity long/short. As of August 2023, the firm manages $95B in client assets. 
Our experienced team follows a disciplined value oriented, research driven investment philosophy, informed by a set of fundamental truths that have been tested over time and across various market cycles.
Through this consistent and repeatable investment approach we successfully managed strategies across all geographies, the market capitalization spectrum, and long/short equities.  
Clients can access to our strategies via mutual funds, SMA/UMA, CITs, and institutional separate accounts.  

Today’s unpredictable environment demands a flexible approach. In this dynamic workshop with Christian Clayton, leader of PIMCO’s global wealth alternatives product strategy team, you’ll learn why flexible interval funds are growing in popularity with advisors, how they can opportunistically invest across global markets to help enhance return potential, and where we see opportunities today.

Workshop Objectives:

•    1-on 1 access to the leader of PIMCO’s alternative products team
•    Forward-looking macro, market and portfolio construction insights 
•    Open dialog with fellow advisors on investing in today’s markets

Company Profile: PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting market conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions and service to our clients.

Portfolio Manager Jorry Nøddekær will discuss how the importance of emerging markets as home to many of the world’s most dynamic, fastest-growing companies and economies remains undiminished and how the team’s process harnesses that growth, finding opportunities globally as economies transition to a more sustainable future. Jorry will introduce the team’s investment approach to emerging market equities and discuss why he believes the present macro backdrop could provide an attractive entry point into the asset class.

Workshop Objective: The objective is for delegates to understand how the funds’ integrated ESG process helps to generate responsible and sustainable alpha as well as explaining the most exciting themes/opportunities they are seeing in emerging markets.

Company Profile: Polar Capital is an experienced, investment-led, active fund manager with a collegiate and meritocratic culture. Since its foundation in 2001, it has grown steadily and currently has 13 autonomous investment teams managing specialist, active and capacity constrained portfolios, with combined AUM of of $23.3 billion (as at September 30 2023)

Join George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, to discuss Emerging Trends in the Gold Market focusing on: 

•    Recent performance in perspective 
•    Outlook for the next six to eighteen months 
•    Contribution to a portfolio 

Workshop Objectives: At this workshop, George Milling-Stanley from State Street Global Advisors will cover the strategic case for gold. The discussion will center around the current state of the market and what could be on the horizon for gold in the next six to eighteen months.  

Company Profile: For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of index and active strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s fourth-largest asset manager* with US $3.48 trillion† under our care. *Pensions & Investments Research Center, as of 12/31/21. †This figure is presented as June 30, 2022 and includes approximately $66.43 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated. *Pensions & Investments Research Center, as of 12/31/21.

LifeX Funds are designed to provide high, predictable monthly distributions for life through age 100.
Inspired by retirement income sources such as Social Security and pensions, LifeX is designed to target a sustainably higher payout rate for living investors by providing payouts that become life-contingent after age 80. This enables investors to enjoy higher payouts during their lifetime in exchange for giving up future payouts after they pass away and no longer need them.
Designed to provide a firm financial foundation for the post-paycheck years, LifeX can help advisors and their clients overcome three key retirement challenges: lifespan uncertainty, inflation risk, and investment volatility. 

Workshop Objectives:  Illustrate the power of pooling longevity risk and value it can drive for advisors and their clients by putting it into a ’40 Act fund for the first time ever.

Company Profile: Stone Ridge Asset Management is a $21B asset manager focused exclusively on helping investors getting to and through retirement with innovative, accessible financial solutions. We have a history of “firsts in the 1940 Act,” including the first-ever reinsurance fund at scale, the first-ever alternative lending fund at scale, the first-ever art fund, and now LifeX, the first-ever fund using longevity-linked distributions. Together, we contribute our collective careers’ worth of expertise in sourcing, structuring, execution, and risk management in pursuit of our singular purpose: financial security for all.

 The past two years have been exceptionally challenging for fixed income investors. Spiralling inflation led to one of the most aggressive rate-hiking cycles on record, however, we believe the market for bonds is now looking much healthier.

But, while bonds are once again finding their form, investors have found themselves sitting on cash balances of 30% to 50%. This capital preservation trade has made perfect sense. But does it still make sense as we reach terminal rates? The opportunity cost right now of having no duration, and therefore no chance of future capital gains, could be doing a disservice to clients.

In our presentation we will outline why now for Fixed Income and why staying in cash could cost you dearly over the next three to five years. 

Workshop Objectives: To help the audience understand why now is the right time to allocate to fixed income and why staying in cash will cost you.   

Company Profile: TwentyFour Asset Management is a specialist fixed income fund manager, headquartered in the city of London and a boutique of the Swiss based Vontobel Group. Since inception in 2008, TwentyFour has built an enviable reputation for performance, expertise, and innovation in its chosen sector. 
We specialize in fixed income, nothing else. This focus means that all our resources and people are managing one asset class with no distractions. This allows us to concentrate on delivering the best outcomes for our clients. We currently have $21.6bn in assets under management (as at 10/31/2023). Our product offerings are for both professional and institutional clients, and our portfolio management teams cover three distinct business areas with a high degree of collaboration.

A key consideration for most long-term equity investors, is whether a business can continue to expand its returns on capital over time and consistently generate and grow economic profit. The presenters will explain why this topic trumps the “growth vs value” debate, and will share a proven investment framework for assessing the trajectory of this economic profit generation. Will also discuss the international equity environment and how to best position oneself to succeed.
WCM Investment Management is an ~$80 billion AUM firm based in Laguna Beach. The firm’s Global Core investment team employs a unique approach to stock selection and portfolio construction, including a focus on moat trajectory, runway for growth, and corporate cultural analysis.

Workshop Objectives: To help investors gain a deeper insight into the fundamental tenants of economic profit, a key determining factor in creating a positive shareholder experience.

Company Profile: WCM is an independent asset management firm that is motivated by a spirit of broad-based employee ownership.
At WCM, we have worked hard to build and maintain an organization that nurtures excellence, innovation and a healthy internal culture. To this end, we have kept head-count low, controlled asset growth, aligned employee incentives with clients’ long-term goals, and continued to offer equity ownership to the next generation of the firm.
We are a profitable, financially sound investment company with no debt. Our headquarters is in Laguna Beach, California and currently manage approximately ~$80 billion of AUM primarily for direct corporate & public institutions, endowments, foundations as well as intermediaries.

Nitrogen revolutionized how financial
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To learn more, visit NitrogenWealth.com.