Hathersage

FX Event Report

Innovative Investment
Strategies for Pension Funds

April 25-26, 2007
London

 

 

 
Lynnelle Jones, Hathersage Director of Client Services and New Product Development,
pictured above, spoke on:

A New Roadmap for Managing FX Risk and Return:
Endowment and Pension Case Study

  • Influence of risk, cash, counterparty and credit budgeting
  • Volatility management and separation of betas and alpha
  • Basic investment guidelines
  • Latest products and trends

Presentation available as PDF document: click to download

Professional trustees, who have the responsibility for pension investments, discussed how difficult it was to get advice and education, particularly for the small fund. Some of the issues discussed included the lack of accountability on the part of investment consultants and the complexity of new investment offerings.

It was agreed that the Dutch Pensions had the best models for liabilities and risk management and that absolute return management, as opposed to benchmark management, was needed for funds to meet their goals and objectives.
 

Pictured above, the panel entitled:
Where should pension trustees go for the best advice?

  • Nick Fitzpatrick, Independent Trustee, BESTrustees
  • Christopher Edge, Chief Executive, EPIC Investment Advisors
  • Andrew Cheeseman, Chief Executive, Pan Trustees
  • Georg Inderst, Independent Consultant, Georg Inderst Consulting

Hathersage