WORLD INSTITUTIONAL INVESTOR FORUM Geneva - January 23Rd, 2018

WORLD INSTITUTIONAL INVESTOR FORUM Geneva - January 23rd, 2018

2018 Global Exclusive Sponsor:

PROGRAMME

08:30 Registration & breakfast

09:00 Welcoming speech Grégoire Haenni (Founder of Institutional Circle, CPEG)

09:15 Macroeconomic picture of the world Speakers: Charles Gave (Founder, Gavekal), Emil Nguy (Founder, Income Partners)

10:05 Coffee break 10:25 Global private markets overview Speaker: Roberto Cagnati (Managing director, Partners Group)

10:45 Tactical asset allocation for 2018 Panelists: Emil Nguy (Income Partners), Charles Gave (Gavekal), Roberto Cagnati (Partners Group) Moderator: Grégoire Haenni ( Founder of Institutional Circle, CPEG) 11:15 Outlook on geopolitical risks Speaker: Alexandre Adler (Historian, journalist & geopolitical expert)

12:00 Lunch 13:45 Active vs passive strategies Panelists: Alan Hofmeyr (Partner, Marshall Wace), Laurent Trottier (Global Head of ETF, Index & Smart Beta Management, Amundi), Sinikka Demaré (Founder, SDemaré Advisory), Moderator: Anne-Valère Amo (Institutional Circle, Lombard Odier) 14:30 Climate change: responsibility, challenges and opportunities Standalone presentations & panel Speakers/panelists: Alexandre Ménard (Partner, McKinsey), Peter Damgaard Jensen (Chair, Institutional Investors Group on Climate Change (IIGCC)), Laurent Trottier (Amundi) Moderator: Antoine Prudent (Founder, InPact Advisory) 15:40 Coffee break 16:00 Everything you always wanted to know about blockchain but were afraid to ask Speaker: Arek Wylegalski (Founder, Fly Venture)

Fintech: why could the blockchain be a game changer? Speaker: Steve Waterhouse (Partner, Orchid Lab)

16:45 Closing remarks Grégoire Haenni (Founder of Institutional Circle, CPEG) SPEAKERS SPEAKERS

Alexandre ADLER Historian, journalist & geopolitical expert

Alexandre Adler is a French historian, journalist and expert of contemporary geopolitics, the former USSR, and the Middle East. He is a Chevalier de l’Ordre de la Légion d’Honneur (2002). M. Adler is a history graduate of the École normale supérieure (1969-1974). He directed the Chair for International Relations of France’s Ministry of Defense Interarmy College of Defense (1992–1998) where he remains a professor of higher military learning. After collaborating with French daily Libération (1982-1992), Adler went on to become the editorial director of the Courrier International (1992-2002), a weekly selection of significant articles from the international press. Adler served as an editorialist for the French daily of record Le Monde and collaborated with several French weeklies, including Le Point and L’Express. He currently sits on the editorial board of the conservative French daily Le Figaro.

Anne-Valère AMO Cross-asset ETF Strategist - Institutional Circle, Lombard Odier

Anne-Valère is currently responsible for cross-asset ETF selection and advisory at Lombard Odier. She joined Lombard Odier in 2001 where she has been dedicated to quantitative research, hedge fund replication, investment risk management and since 2013, ETF strategies. Prior to 2001, Anne-Valère was a Quantitative Analyst at Union Bancaire Privée, a Senior Statistician at MSCI (where she participated to the creation of the Global Industry Classification Standard (GICS) and led the rebalancing of the first MSCI index launched in real time: the MSCI Japan Index) as well as a Teaching Assistant in Mathematics and Statistics at the Econometrics Department of the University of Geneva. Anne-Valère holds a BSc. in Quantitative Methods (1991), a MSc. in Econometrics (1994) and a Ph.D. in fractal analysis applied to Finance from the University of Geneva (1998). SPEAKERS

Roberto CAGNATI Managing Director - Partners Group

Roberto Cagnati is Co-Head of the Portfolio Management business unit, based in Zug. He has been with Partners Group since 2004 and has 13 years of industry experience. Prior to joining Partners Group, he had assignments at Deutsche Bank Asset Management and Credit Suisse Private Banking. He holds a master’s degree in economics from the University of Konstanz, Germany.

Peter DAMGAARD JENSEN Chair & CEO - IIGCC & PKA

Since 2001 Peter Damgaard Jensen is the CEO of PKA. After graduating in 1981 from The University of Aarhus as a master of Political Science he joined the Association of County Councils in Denmark. In 1985 he moved to the Danish Nurses Organization in Denmark where he had different management positions. He left the Danish Nurses Organization in 2001 to join PKA. Peter is a member of the board in The Danish Insurance Association and has previously been chairman and vice chairman of the board. He is the vice chairman in Forca Ltd (a company in the pension fund and life insurance industry). Peter was a member of the Board in DEAS (Dan-Ejendomme) - Denmark’s biggest property management company - in the period 2001-2006. Peter is a member of the advisory board of The Danish Climate Investment Fund for climate investments in emerging markets and member of the advisory board in Axcel Ltd (leading Danish private equity Company). Since January 2017 Peter is the Chair of IIGCC. Peter had been an IIGCC Board Member since December 2013. SPEAKERS

Sinikka DEMARÉ CFA - Institutional Circle, SDemare Advisory

Sinikka Demaré is an Independent Advisor for institutional investors and their service providers. As of 2014 Sinikka Demaré serves as Venture Partner at Nextech Invest Ltd. Prior to this, Mrs. Demaré was Managing Director at Ortec Finance, whose Swiss office she founded in 2007. During her time at Ortec, Mrs. Demaré was responsible for strategic asset allocation and investment consulting for pension funds, insurance companies and other asset and private wealth managers as well as having direct responsibility for several large institutional investors. For 20 years before joining Ortec, she held leading positions in corporate finance, business and pensions fund management at Dow Chemical. Mrs. Demaré obtained her Master of Science in Economics from the Business School of Helsinki and is a Chartered Financial Analyst. She was twice selected by the aiCIO magazine as one of the top 25 global consultants.

Charles GAVE Founder, Chairman & Chief Investment Officer - Gavekal

Charles has been researching tactical asset allocation for over fourty years. After three years as a financial analyst in a French investment bank, Charles created Cecogest in 1974. Cecogest was an independent research firm with a large global client base. In 1986, Charles stepped away from pure research to move into money management. He co-founded Cursitor-Eaton Asset Management where he was Chief Investment Officer. At Cursitor, Charles managed over US$10bn of institutional money on a global asset allocation mandate. Cursitor was sold in 1995 to Alliance Capital and Charles remained with Alliance Capital until 1999. At this time, he elected to go back to his first love: research on tactical asset allocation. He left Alliance Capital to create Gavekal where he is the Chairman. Charles sits on the board of numerous companies, and has written several books. Charles writes a weekly column for the French newspaper Le Journal des Finances. SPEAKERS

Grégoire HAENNI Founder of Institutional Circle & CIO - Caisse de Prévoyance de l’État de Genève

Grégoire Haenni is the Chief Investment Officer of the Caisse de Prévoyance de l’Etat de Genève (CPEG) he joined in June 2014. He is responsible for the pension fund’s asset allocation efforts for all multi-asset classes. Prior to that, he was the CIO of the pension fund of CERN, the European Organization for Nuclear Research, based in Geneva, Switzerland. During his almost 5-year time at CERN, he put in place an investment frame- work today acknowledged as the CERN Investment Model. Before that, Grégoire headed the Research and Investment Department of Bank of China (Suisse) Fund Management SA. He also founded Bedrock Alternative Asset Management SA, a subsidiary of Bedrock Group where he led the research and portfolio management activities. From 2001 to 2007, Grégoire was a senior qualitative and quantitative analyst at Pictet & Cie’s Alternative Investment Department. He also managed the Asian multi-strategy fund of hedge funds, as well as tailor-made portfolios dedicated to HNW Clients. He started his career in 1997 as a financial analyst and portfolio manager at Merchiston Management SA. Grégoire holds a PhD in Mathematical Statistics of the Econometrics Department of the University of Geneva where he specialized in multi-dimensional statistics giving lectures to BSc. and MSc. students.

Alan HOFMEYR Partner & Head of Quantitative Research - Marshall Wace

Alan joined Marshall Wace in May 2008 as Head of Quantitative Research and was made a partner of Marshall Wace in December 2011. He joined from Lehman Brothers, where he was head of the Quantitative Portfolio Advisory team, advising quantitative asset managers on key elements of the investment process including alpha generation, risk modelling and portfolio construction. Alan holds an MBA in Finance with Distinction from the London Business School, and a BA Hons in Industrial Economics from the University of Nottingham. SPEAKERS

Alexandre MENARD Partner - McKinsey

Alexandre leads the Telecommunications, Medias and Technology practice in France. He also co-leads the CTO service line within the European Telecom practice. His core expertise lies in the transformation of the marketing & sales functions and organization issue. He is also a specialist in developing and implementing large-scale transformation and turnaround plans - including reengineering, cost-reduction, and organization issues. He focuses on serving clients in the telecommunications sector, as well as in the manu- facturing and automotive sectors. Alexandre graduted for EM Lyon, Ecole Centrale de Lyon and holds an MBA from Harvard Business School.

Emil NGUY Founder and CIO - Income Partners

Emil Nguy, CIO of Income Partners, co-founded the firm in 1993 with Francis Tjia. Emil draws upon his vast expertise and experience, after nearly 30 years in investment management, focusing his energies on asset allocation across liquid strategies and macro risk management. Prior to co-founding Income Partners, Emil worked for Indosuez Asia Investment Management where he managed several funds including the Asian Income Fund and the highly successful Malacca Fund. Emil is particularly adept at navigating successfully through periods of economic uncertainty in order to protect client capital. He is renowned in the industry for his ability to interpret market signals and analyse economic data to position investments for outperformance. From the outset of Income Partners, Emil has always stayed true to the initial vision that the company was founded upon - to be independent and to serve our clients with no conflict of interest. This client-centric approach to business has enabled him to develop and maintain an exceptional track record of achieving long-term results for his clients across various asset classes. Emil earned an MBA degree, a Master of Science in Civil Engineering and Bachelor of Civil Engineering all from McGill University, Canada. SPEAKERS

Antoine PRUDENT Founder & CEO - InPact Advisory

Antoine Prudent is the Founder & CEO of InPact Advisory in Geneva. InPact Advisory advises large asset owners (pension funds, insurance companies and single family offices) combining more than $200 billion of assets. The firm focuses mainly on private markets (private equity, private debt, real estate, real assets, etc) and other active strategies in public markets (risk premia, absolute return, etc). The mission statement of InPact is “Creating Value Together” with our clients by sharing intelligence and resources as well as pooling assets to improve the terms and governance of the investments. Before creating InPact in 2015, Antoine spent 15 years in the alternative investments space after starting his career in the structuring of exotic derivatives at Natixis. Antoine graduated from the University of Louisiana with a Bachelor in Finance.

Laurent TROTTIER Global Head of ETF, Index & Smart Beta Management - Amundi

Laurent Trottier was appointed Global Head of ETF, Index and Smart Beta management at Amundi in September 2014. Laurent was Head of Index Management at Amundi since 2005 and started his career in the Group in 2002 as a passive equity portfolio manager at Crédit Lyonnais Asset Management (CLAM), which merged with Crédit Agricole Asset Management (CAAM) in July 2004. Prior to that position, Laurent Trottier was a portfolio manager at State Street Banque SA (1999-2002). Laurent Trottier is a CFA Charter holder (2002) and has an engineering degree (1999) from ENSIMAG (modelling and economics decision specialization). He also holds a post-graduate degree in finance from the University of Grenoble. SPEAKERS

Steve WATERHOUSE CEO & Partner - Orchid Labs

Dr. Steven Waterhouse (SEVEN) is the CEO and Co Founder of Orchid Labs. Orchid Labs is developing a blockchain based, open source protocol for global and decentralised internet. An open platform to access information, collaborate, and communicate freely across borders. From its inception in 2013 until July 2016, Steve was a partner at Pantera Capital, focused on blockchain investments. He served on the board of Bitstamp till 2016. Steve was a cofounder and CTO of RPX (Nasdaq: RPXC) and previously Director and founder of the Honeycomb product group at Sun Microsystems. He holds Ph.D., M.Phil., and M.A. degrees in engineering from Cambridge University, where he received the Isaac Newton prize for Ph.D. research.

Arek WYLEGALSKI Founder - Fly Venture

Arek Wylegalski is a blockchain specialist and founder of a blockchain and decentralised ledger focused investment fund. Previously partner at an AI focused seed fund Fly Ventures, and investor at Index Ventures focusing on FinTech, blockchain and AI. In the past Arek has worked at Avenue Capital and Barclays Capital in M&A and Special Situations HF. [email protected]