Program at a Glance
12:00 – 16:30
|
Registration/Information Desk
|
12:00 – 12:45
|
Buffet lunch
|
12:45 – 12:50
|
Opening Remarks
|
12:50 – 16:30
|
Sessions
|
|
|
Program
12:00 – 16:30 Registration and CIA Information Desk
12:00 – 12:45 Buffet Lunch
12:45 - 12:50 Opening Remarks
Daniel Klein (FCIA), Chair, Organizing Committee, 2017 CIA Investment Seminar
12:50 – 13:15 Session 1 • Economic Outlook: Aging Bull
Moderator:
Daniel Klein (FCIA), AVP, financial risk management, Foresters
Speaker:
Sal Guatieri*, director and senior economist, BMO Capital Markets
Sal Guatieri will speak to the current economic environment and the risks and challenges facing investors. He will discuss several issues, including global growth recovery, the renegotiation of the North American Free Trade Agreement (NAFTA), U.S. political turbulence, the Canadian housing market, and the recent appreciation of the Canadian dollar and the Bank of Canada interest rate increase.
13:15 – 14:15 Session 2 • Machine Learning in Asset Management
Moderator:
Martin Bélanger (FCIA), director, investments, Western University
Speakers:
Michael Bishopp*, managing director, BlackRock
Gary Brackenridge*, global head, asset management, Linedata
Big data is transforming the way we do business. This is especially true in the investment industry where investment managers have to deal the proliferation of data. Artificial intelligence and machine learning have started to assist investment professionals with this new reality. This session will discuss how big data is transforming the industry, how industry players are reacting, and what type of innovations we can expect in the near future.
14:15 – 14:30 Networking Break
14:30 – 15:30 Session 3 • Liability-Driven Investment – An Evolving Landscape
Moderator:
Benny Wan (FCIA), VP actuarial, Brookfield Annuity
Speaker:
Eduardo Lima*, principal, asset and risk management, Morneau Shepell
The session will introduce the audience to liability-driven investing (LDI) concepts within a risk management framework and discuss the implications of the current low-interest environment. Eduardo Lima will then look at the evolution of the different types of LDI solutions. Specific concepts reviewed will include implementation issues, such as which instruments to use in the LDI strategy, and how best to complement an LDI strategy in a portfolio. The presentation will conclude with comments regarding the most recent trends in LDI solutions as a result of regulatory changes.
15:30 – 16:25 Session 4 • Liquidity Risk Management for the Buy Side in the Current Market Environment
Moderator:
Ash Goorachurn (FCIA), director, risk allocation, British Columbia Investment Management Corporation
Speakers:
Ash Goorachurn
Marc Hurley*, managing director, public fixed income, Sun Life Investment Management
Robert Kelsall*, managing director, global fixed income, currencies & commodities, BMO Capital Markets
This session will explore current liquidity risk management topics including the impacts from regulatory and structural changes on key liquidity markets, the latest developments in quantifying/measuring liquidity risk, and new risk management approaches and non-traditional forms of liquidity.
16:25 – 16:30 Closing Remarks
Ash Goorachurn (FCIA), director, risk allocation, British Columbia Investment Management Corporation
*Not a member of the CIA.