Against a backdrop of steadily narrowing credit spreads, there are concerns from some fixed income investors about making an allocation to high yield in the current elevated interest rate environment.  We explore the current fundamentals of the high yield market as well as assess the likely outlook from here.

Workshop Objective: Investors will learn the potential strategies they can adopt to avoid issuers with a higher likelihood of default and steer their portfolio towards issuers with a lower likelihood of default, and BNY Investments’ active investment approach.    

Company Profile: BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achieve their ambitions. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. We support governments in funding local projects and work with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of March 31, 2024, we oversee $48.8 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). We are headquartered in New York City, employ over 50,000 people globally and have been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators.

BNY Investments is one of the world’s largest asset managers, managing $2 trillion* across a range of traditional and alternative assets through seven specialist investment firms — ARX, Dreyfus, Insight, Mellon, Newton, Siguler Guff and Walter Scott. For more information, go to www.bnymellonim.com.

*As at 31 March 2024.

Global listed infrastructure has a critical role to play in portfolios, thanks to its ability to provide historically attractive risk-adjusted returns, act as a hedge against inflation, and provide diversification. Supportive fundamentals coupled with attractive valuations may provide investors a compelling entry point to take advantage of the long-term opportunity set.  

Workshop Objective: Decarbonization, Digitalization and Deglobalization represent trillions in investment opportunity for infrastructure. Join this interactive presentation and fireside chat to explore the benefits in listed infrastructure and how investors can get exposure to this attractive asset class.

Company Profile: Brookfield Oaktree Wealth Solutions delivers to private wealth investors, in partnership with their financial advisors, the unparalleled alternative investment expertise of Brookfield Asset Management and Oaktree Capital Management. Brookfield and Oaktree share a long-term, value-driven, contrarian investment style, focusing on sectors in which their distinct heritage and market knowledge give them a competitive advantage.

We offer real asset and credit strategies, across public and private markets and the liquidity spectrum, that are built on a history of investment excellence, integrity, and an alignment of values.

We aim to deliver the highest-quality investing solutions, insights, and specialized support to help advisors serve the unique investment goals and time horizons of each investor. Our approach is inspired from the long history and knowledge that Brookfield and Oaktree have gained from partnering with many of the world’s largest global institutional investors.

Over the past twenty years, passive management has experienced strong growth, resulting in a high demand for liquidity on the part of passive market players. During index rebalancing, this creates price discrepancies, and therefore opportunities for investors.

Our Equity Market Neutral strategy aims to deliver positive absolute returns by taking long and short positions on worldwide equity indices and their constituents, to benefit from short to medium term pricing inefficiencies.

Workshop Objective: The workshop will allow investors to discover a so-called market-neutral strategy which has more than twenty years of delivering alpha and which is based on opportunities arising from the growth of passive management.

Company Profile: Candriam has managed alternative investments since 1996, with €4.2bn AUM (as of January 2024) and 34 dedicated investment professionals. All strategies are available in UCITS funds and available on platforms such as All Funds, MFEX and Clearstream.

Candriam is a global asset manager with over $150 billion in assets under management, over 25 years of experience and more than 500 employees servicing over 20 countries. 

Our core values of “Conviction & Responsibility” are embedded in our name. Conviction AND Responsibility In Asset Management becomes the acronym CANDRIAM. We're investors led by conviction and driven by a responsible approach to investing.

Real assets offer the ability to deliver attractive full cycle returns. Cohen & Steers is the world’s largest active manager specialising in liquid Real Assets. Learn how to include real assets in a well-diversified portfolio to potentially improve risk-adjusted returns without sacrificing growth potential. 

Workshop Objective: To understand the key strategic benefits of diversified real assets, why the next several years remain critical to maintaining an allocation, and Cohen & Steers’ unique investment approach.

Company Profile: Dedicated to the pursuit of excellence in everything we do, Cohen & Steers, New York Stock Exchange listed company, is a leading global investment manager specializing in real assets and alternative income, focused on delivering alpha, income and diversification. Our teams are relentless in their drive to provide superior investment solutions and passionate about constantly innovating to meet the needs of clients today and anticipate their challenges of tomorrow.

Over the last couple of years, the global real estate market has experienced some significant shifts and challenges. As we are now settling in to a ‘higher for longer’ interest rates period, real estate investors must adapt to a new market environment. While the environment has changed, we continue to see attractive opportunities for our investors. Returns are driven by high income yields or through high income growth – such as in the residential or logistics sector. 
UBS AM Multi-Manager Real Estate (MMRE) offers investors both diversified and sector specific investment opportunities through commingled funds and separate managed accounts. Our global presence, in-depth market knowledge, and strong network, provides MMRE with unique sourcing and executing abilities.  

Workshop Objective: Investors will have the chance to learn more about current investment themes and opportunities. The discussion will include which sectors and deal types are able to generate attractive returns and which region to focus on. 

Company Profile: UBS Asset Management's Real Estate & Private Markets business actively manages investments of around USD 117 billion* globally and regionally within Asia Pacific, Europe and the US, making it one of the largest asset managers in real assets worldwide. Our capabilities reach across the risk / return spectrum, ranging from core to value-add and opportunistic strategies. We offer direct real estate, infrastructure equity and debt, and food & agriculture investments as well as indirect exposure to leading real estate, infrastructure, private equity and private credit managers. Investors can access our diverse product range across open- and closed-ended private funds, investment trusts, listed funds, REITs and bespoke separately managed accounts.

Multi-Managers Real Estate (MMRE): In ten locations across the globe, and with a track record of 15 years with over 150 fund investments and significant presence in major regions, MMRE provides access to and management of unlisted real estate funds carefully selected from a broad universe of managers. MMRE's product offering ranges from core to opportunistic, from developed to emerging markets, and from customized segregated mandates to commingled funds.

^*Asset under management stated on gross asset values basis, reflecting values as at 31 December 2023, where available.