BROCHURE REQUEST | REGISTER AS DELEGATE
Day 1
14 Mar 2018
Day 2
15 Mar 2018
Day 3
16 Mar 2018

Registration for industry workshop

Specialised Industry Workshop

INTEGRATING GOVERNANCE AND RISK MANAGEMENT FRAMEWORKS

In order to develop skills and capacities, a newly created a specialised industry workshop will be held as a separately bookable event leading up to the main conference. This workshop on integrating governance and risk management frameworks, will provide you with the tools to evaluate, manage and monitor pension risks.

Introduction and Overview of Course Content

Module 1

GOOD GOVERNANCE AND REGULATORY REQUIREMENTS

Given the growing pension fund industry and the evolving market environment, is your pension fund being managed properly? Good governance is a key issue in the administration of pension funds. The quality of the governance depends on the legal and regulatory requirements imposed on the administrators, and the regulatory approach adopted by supervisory authorities should also considered when looking at risk management.
10:30 - 11:00

Coffee Break

Module 2

VALUATION OF PENSION FUND ASSETS

Although it can be relatively simple to value a pension fund’s assets, it can be problematic to value the liabilities. These liabilities will swing with the moods of the market so pension fund risk will shift from the variability of the assets alone to the variability of the surplus. The relationship between asset values and liability values becomes a vital variable.
12:30 - 13:30

Lunch

Module 3

DEVELOPING A SOLID INVESTMENT PORTFOLIO AND IDENTIFYING ASSOCIATED RISKS

Implementing a strong diversified investment strategy can balance the risks of the different investments held by the fund, however, each investment avenue has its own set of associated risks to consider.
15:00 - 15:30

Coffee Break

Module 4

TOOLS TO MANAGE ASSET RISK: IMPLEMENTING RISK CONTROL MECHANISMS

What tools should one consider to manage asset risk? Is one solution the way to go? Or should you consider using a blend of insourcing models combined with consulting support? During this module, trainers will provide you with an overview of some of the tools available and discuss challenges and advantages of each, plus consider the risk of direct verses indirect investments.

Awarding Of Certificates And Official Photographs

Registration

All participants to be seated for opening ceremony

Opening Ceremony

Welcome address: AME Trade Representative Keynote addresses from Sponsors
Oscar N Onyema

Session 1

PANEL DISCUSSION

THE POTENTIAL IMPACT OF PENSION FUNDS ON AFRICA’S ECONOMIC DEVELOPMENT

Currently, Pension funds in Africa have around $379 billion in assets under management. Even in these uncertain economic times, this is a large pool of funding that can be used to improve infrastructure and social development with the view to increase economic development across the continent. Experts and thought leaders will discuss their assessments on how these funds can be utilised for the benefit of the continent as a whole, how to generate returns from investment in these tough economic times, traditional verses alternative investment and provide an analysis of the industry’s future potential impact on African capital markets.
Dr. Barbara C. Samuels II
David Ashiagbor
Sunil Benimadhu
10:00 - 10:30

Coffee Break

Session 2

INVESTMENT AVENUES FROM MAURITIUS TO AFRICA FOCUS SESSION

Mauritius offers a well-capitalized sophisticated banking sector comprising local and international banks. The country has a strong insurance sector and is one of the most innovative capital raising markets of the African landscape.
  • Investment demographics
  • Cross border derivative products
  • Capacity building
  • Innovation and technology
  • Pension fund updates
  • Wealth management
  • Overview of the insurance sector
  • Innovation in fund administration and asset management
Muhammad Uteem
Harvesh Kumar Seegolam

Session 3

FOCUS SESSION:

INSTITUTIONAL AND PRIVATE INVESTMENT IN SOUTHERN AFRICA

Around 90% of assets under management in Africa are concentrated in four countries, three of which are in Southern Africa namely South Africa, Namibia and Botswana. This makes the region a major investment force. The South African Government Employee Pension Fund is the largest pension fund in Africa and has invested into infrastructure projects like solar power and telecommunications. Namibia requirements pension funds to invest a minimum of 1.75% of assets into Private Equity as an asset class, while The Botswana Pension Officers Pension Fund plans to use their asset base to seek opportunities in infrastructure projects that develop the local economy. During this session, industry players will discuss developments, challenges and opportunities in the region.
  • How can other southern African countries boost their investment capital?
  • Pooling resources for infrastructure development
  • Future investment plans
  • Amendments to regulatory and legal frameworks to increase growth and investment capacity
    • The impact of Regulation on unlisted investment to the Private Equity
    • The challenges of limitations of unlisted investment regulation to Namibian companies
  • Diversifying asset class investment
  • Social development strategies
  • How can state owned entities attract pension fund investment?
Robin Vela
Gosego January
Sibusiso Luthuli
12:30 - 13:30

Lunch

Session 4

FOCUS SESSION

WEST AFRICA’S PENSION MARKET

Nigeria's local pension market is expanding by approximately $5 billion a year. Pencom hopes that by 2020, Nigeria's total pension asset may hit N20 trillion. Ghana’s 3-tier pension system introduced in 2008 is still relatively new, but is growing in volume and structure. Regional public and private entities will converge to discuss the overall institutional investment capacities and developments.
  • Building a supply of projects
  • Investing in infrastructure and social development
  • Developing and regulating special purpose vehicles
  • Future plans for growth of funds in West Africa
  • Incentives to attract more pension funds
  • Regulatory framework updates
Samuel Waterberg
14:30 - 15:00

Coffee Break

Session 5

UNDERSTANDING THE BENEFITS OF INVESTING IN HEDGE FUNDS

Hedge Funds are sometimes seen as esoteric investments but represent a core holding for many institutions and endowments as they look to add diversification to their return streams and reduce their overall risk profile. This session will dispel some of the myths of hedge fund investing and demonstrate the benefits investors can receive from investing in the asset class, including;
  • Access to alternative strategies and asset classes not typically available to investors;
  • Opportunity to invest in alternative strategies, which may prove an increasingly important source of returns;
  • Ability to reduce overall portfolio risk and beta to broad markets.
Kevin Arenson

Session 6

PRIVATE EQUITY AS AN ASSET CLASS

Pension Funds can, in most instances, invest up to 2.5 per cent of the total fair value of its assets in any one private equity fund and up to 5 per cent in any one fund of private equity funds. Even so, there is still some hesitation from trustees to embrace private equity as an asset class.
  • Is private equity for everyone?
  • Trial and error – private equity models that have worked and lessons learnt
  • Creating solution orientated products
  • The value of private equity as an asset class
  • What is stopping investment in equity and alternative investments?
Admassu Tadesse
Nzomo Mutuku
Tanya van Lill
17:30 - 23:00

Cocktails

Registration and morning coffee

Session 7

FOCUS SESSION:

UNDERSTANDING INVESTMENT IN EAST AFRICAN INFRASTRUCTURE

Savings managed by local institutional investors in Kenya, Rwanda, Tanzania and Uganda almost doubled in four years to approximately $19 billion by early 2016. Has this growth continued? Pension funds, social security funds, fund regulators and key industry players will give an overview of the current trends, challenges and opportunities both in country and across the East African region.
  • Trends and challenges
  • Product innovation
  • Growing savings across asset classes
  • Regional investment vehicles
  • The evolving legal and regulatory frameworks
  • Projected future growth
  • Impact investing
  • Capacity building and skills transfer
Henry Kyanda
10:30 - 11:00

Coffee Break

Session 8

CLOSING THE INFRASTRUCTURE GAP

The infrastructure gap in Africa is estimated to be USD 93 billion annually. Economic infrastructure projects, ie: transport, communications; renewable energy and social infrastructure are being prioritised.
  • Pension fund target allocation for infrastructure
  • Private equity and infrastructure funds
  • Risks & returns
  • Promotion of convertible bonds – infrastructure and community investment
  • Accessing bankable PPPs
  • Transparency and governance
  • Successful Case Studies
Dr. Barbara C. Samuels II
12:00 - 13:00

Lunch

One on One Meetings

PART 1

During this interactive session, pre-selected and registered attendees will have the opportunity to speak with the Pension Funds and Sponsors directly during scheduled 10 minutes, one-on one face to face appointments.

Invited players will use this time to ascertain additional information and discuss possible collaborations and opportunities.

NB All meetings will be confirmed 1 week prior to the event

Session 9

SWF’s, ETFs AND OTHER GROWING AFRICAN FUNDS

A mix of local savings, pension funds, insurance companies and other local institutional investors are essential drivers of capital-market development and the integration of markets in Africa. During this discussion, panellists will look at SWF’s, mutual funds, insurance funds and other sources of funding for the continent.
  • Diversifying revenue streams
  • Tracking transparency
  • Structures, policies and operators
  • The increased demand for the cheaper passive funds
  • Innovation within smart beta and ETFs
  • Insurance assets under management
14:00 - 14:30

Coffee Break

One on One Meetings

PART 2

During this interactive session, pre-selected and registered attendees will have the opportunity to speak with the Pension Funds and Sponsors directly during scheduled 10 minutes, one-on one face to face appointments.

Invited players will use this time to ascertain additional information and discuss possible collaborations and opportunities.

NB All meetings will be confirmed 1 week prior to the event

Session 10

TECHNOLOGY INNOVATION AND SECURITY CONSIDERATIONS

Technology, innovation and process change is needed for effective governance and risk management and is becoming a key driver for investment decisions. What needs to be implemented to improve the way funds perform?
  • Administration for pension and insurance funds and employee benefit platforms
  • Fintech, biometrics and the new frontiers of pension fund administration
  • Retail, informal sector and self-employed pensions including auto-enrolment
  • Investing in technology and efficiencies for fund management
  • Combating cyber security risks

Closing Debate – Round up and the way forward

During the closing debate, industry players will expand on some of the key questions, issues and opportunities that were discussed during the conference, with a focus of highlighting potential avenues for change and improvements that can be implemented moving forward.
David Ashiagbor

Close of Conference

X