Markets Summit 2024 - History doesn’t repeat, but it rhymes! - Overview & Registration

Markets Summit 2024 will help you better understand the key drivers of and outlook for the markets, and the opportunities and risks ahead on a three- to five-year view, to aid your search for return and to help you build better quality investor portfolios.

When it comes to what’s driving investment markets today, parallels are often drawn with prior eras. Some commentators liken today to the 1910s when geopolitical tensions curtailed globalisation and led to WW1. Others point to sticky inflation and “hot fronts” in a Cold War between democracies and autocracies as signs that the current environment is closer to that of the 1970s. Neither is a perfect analogy. Relative to the USSR in its heyday, today China arguably poses a greater challenge to the US-led order, given China’s extensive global economic entanglement and its progress in building an anti-western coalition. And current supply chain complexity, public and private debt, and advancements in artificial intelligence are all unprecedented.

Those who ignore the mistakes of history are doomed to repeat them. By distinguishing helpful precedents from false echoes, we can better understand what lies ahead for economies and therefore investment markets, and reorientate portfolios accordingly. History doesn’t repeat, but it rhymes!

We’d welcome you joining us - at our live studio in Sydney, at a live site around Australia and NZ, or via live stream from your desk. Early bird registration is just A$295+GST for Practitioners.   Register now!

Graham Rich
Dean, Portfolio Construction Forum
P.S. An interactive, in-person, post-program Implementation Workshop will once again be led by consulting firm, InvestSense, the morning after Markets Summit 2024 to further draw together the key takeouts from the program, and the practical implications for client portfolios. Complimentary to delegates (subject to space), a separate registration link will be provided.

Overview  Where; When; Aim; Most suited to; CE/CPD; CostF

About the program  Introduction;  Theme;  Program Structure

Register now  Registration options; Terms and conditions

Where:   Join us in our live studio, at a live site, or via live stream

Markets Summit 2024 is a full live “hybrid” program. i.e. you choose how and where it best suits you to participate:

1. at our live studio in Sydney with 200+ peers
Attend the full program in person - mix and network face-to-face with Faculty and fellow delegates at our Live Studio at the University of New South Wales campus (Sydney).

2. as part of a group at an off-site live site with a group
Organise a group of your colleagues, or accept an invitation to join a group organised by one of our Faculty Partners, and attend the live broadcast together at an offsite location (e.g. boardroom or hotel meeting room). We have many groups do this around Australia and NZ and it works really well - you can enjoy the continuing education, camaraderie and networking without having to travel.

• If you’d like to get together with others near you at a live site and enjoy the continuing education along with camaraderie and networking, please contact us and we’ll put you in contact with a group near you.

3. via live stream at your desk - this is a very popular option with many of our members (and the backup for any live studio or live site delegate who at the last minute has to isolate or deal with a personal emergency and can no longer attend in person).

4. on demand during and/or after the live program - as a registered delegate you get access to the on demand video within a few hours of each session being live streamed, so you can catch up anytime if you miss a session.

When:   AEDT 8.30am-5.45pm Wednesday 21 February 2024

Joining us in the live studio?

• Come to:  Roundhouse, University of New South Wales, Anzac Parade, Kensington, Sydney. Comprehensive instructions are available at https://www.arc.unsw.edu.au/roundhouse/about/getting-here
• Arrive:  AEDT 7.15am-8.00am to check-in (come early to avoid the queue and grab a coffee)
• Take your seat:  AEDT 8.10am and enjoy the pre-opening from 8.15am
• Starts:  AEDT 8.30am sharp
• Ends:  AEDT 5.45pm sharp
• Followed by:  An informal Networking Reception to AEDT 6.45pm

Attending at a live site or via live stream?

• Come to:  Right here on portfolioconstructionforum.edu.au - whether you’re attending at a live site with a group or via live stream at your desk, we’ll send you a link that’s unique to you. (If you’re attending at a live site, you’ll still need this link to join the elective sessions, and also to use Frankie, our program App, ask questions of our Faculty, chat with delegates, and complete polls to earn CE/CPD hours) to ensure strong interaction.
• Arrive online:  AEDT 8.00am-8.10am and enjoy the pre-opening from 8:15am
• Starts:  AEDT 8.30am sharp
• Ends:  AEDT 5.45pm sharp

Aim:   Debate the drivers of and outlook for investment markets

Markets Summit will help you better understand the key drivers of and outlook for the markets (geopolitical, economic and asset class), and the opportunities and risks ahead, on a three- to five-year view, to aid your search for return and to help you build better quality investor portfolios.

Most suited to:   Institutional and investment and wealth management practitioners

Markets Summit is relevant to all institutional and investment and wealth management practitioners who have a responsibility to understand the drivers of and outlook for investment markets.

It is essential for portfolio construction Practitioners, by whom we mean those whose primary role is involved in designing, building and/or advising on multi-asset, multi-manager managed portfolios, managed accounts and/or funds), using but not necessarily limited to managed funds from a range of firms, and who work in a financial advisory, fund research, investment consulting, family office, funds management, superannuation, private fund, endowment fund or investment platform business including:

• investment advisers giving investment advice on multi-manager, multi-asset portfolios, managed accounts and/or funds to individual investors;
• fund researchers;
• investment consultants consulting on multi-asset, multi-manager portfolios;
• portfolio managers designing, building and managing multi-manager portfolios; and/or,
• members of investment committees that oversee multi-asset, multi-manager portfolios, managed accounts and/or funds.

We also recognise and respect the invaluable role of Advocates and welcome them attending, too.

CE/CPD Accreditation:   7 to 11 hours

By attending the live program in full (at our live studio, a live site or via live stream), you will earn 7.0 CE hours that can be used to help meet the CE/CPD requirements of 20+ governing bodies (regulators, associations and institutes) - including ASIC, APRA, Legislated (AU), FAAA, FMA, and CIMA^® CE/CPD requirements, to name just a few.

After the live program, you can earn further CE hours by “attending” (online on demand) the Special Interests Forum (elective) sessions you didn’t get to attend at the live program.

Cost (Practitioners):   Live studio A$295+GST / Live stream A$295+GST

Markets Summit is exceptional value for money for Practitioners, as defined below. Of course, the registration fee differs depending on whether you join us in the live studio or via live stream.

• Live studio:  A$295+GST  Register below
  Attend the full program in person - mix and network face-to-face with Faculty and fellow delegates at our live studio at the University of New South Wales campus (Sydney).
• Live stream:  A$295+GST  Register below
  Attend the program via live stream at your desk.

We also welcome Advocates attending and have a range of registration options available. For more information, please contact us.

Established in 2009, Markets Summit is THE investment markets scene setter of the year.

Held in February each year in association with CIMA Society Asia Pacific, Markets Summit is the first in a three-part annual series of open-invitation programs curated by Portfolio Construction Forum for those committed to structured continuing education that contributes to better quality multi-asset, multi-manager investment portfolio construction. Markets Summit in February focuses on debating the drivers of and outlook for the investment markets, and the implications for portfolios. It is a companion program to Finology Summit in May which explores the human factors - beliefs, behaviours and principles – in portfolio construction by focusing on behavioural finance and investment philosophy issues, and Strategies Conference in August which brings together these investment factors and human factors in portfolio construction together, addressing a range of contemporary and emerging portfolio construction issues. Strategies Conference “ties a bow” on the three-part annual series by including a three-part Hypothetical Investment Committee to help delegates establish an asset allocation and implementation plan. Each of Markets Summit, Finology Summit and Strategies Conference are followed by an Implementation Workshop, to further draw together the key takeouts from the program and the practical implications for client portfolios.

The Markets Summit progam is designed and curated by our specialist, experienced and independent team. It is moderated by our Dean, Graham Rich, and features a Faculty of 20+ leading investment thinkers - geopolitical specialists, economists, market/asset class experts, and investment strategists - from around the world. Each offers their best high conviction ideas on the drivers of and outlook for the markets (on a three- to five-year view) in the context of the program theme, and the implications for portfolios.

Knowledge Domain:   Markets

The Forum’s subject matter focus is on five Knowledge Domains – Philosophy, Markets, Strategies, Investing and Finology. As its name implies, Markets Summit is focused primarily on our “Markets” knowledge domain.

Markets - understanding the drivers of and outlook for the investment markets
The drivers of global securities markets are many and ever-changing, as geopolitical, macroeconomic and corporate developments influence the relative attractiveness of equities, debt and other asset classes, over cyclical, secular, and structural time horizons. By understanding how markets operate and what is driving them, portfolio construction practitioners can better identify and understand the outlook for investment markets, and the implications for portfolios.

Theme:   History doesn’t repeat, but it rhymes!

Markets Summit 2024 will help you better understand the key drivers of and outlook for the markets, and the opportunities and risks ahead on a three- to five-year view, to aid your search for return and to help you build better quality investor portfolios.

When it comes to what’s driving investment markets today, parallels are often drawn with prior eras. Some commentators liken today to the 1910s when geopolitical tensions curtailed globalisation and led to WW1. Others point to sticky inflation and “hot fronts” in a Cold War between democracies and autocracies as signs that the current environment is closer to that of the 1970s. Neither is a perfect analogy. Relative to the USSR in its heyday, today China arguably poses a greater challenge to the US-led order, given China’s extensive global economic entanglement and its progress in building an anti-western coalition. And current supply chain complexity, public and private debt, and advancements in artificial intelligence are all unprecedented.

Those who ignore the mistakes of history are doomed to repeat them. By distinguishing helpful precedents from false echoes, we can better understand what lies ahead for economies and therefore investment markets, and reorientate portfolios accordingly. History doesn’t repeat, but it rhymes!

Program structure

Like all our continuing education programs, Markets Summit is an integrated learning program with preparation, participation and review.

Before - Prepare

To maximise learning, you are provided with pre-reading aimed at boosting your knowledge and getting you thinking about the issues to be addressed in the program. The preparation is assumed prior knowledge.

During - Participate

The one-day program is designed and curated by our specialist, experienced and independent team. It is comprised of the 5-hour Critical Issues Forum (plenary) program and 2-hour Special Interests Forum (elective) program. In these, our Faculty of 20+ leading investment thinkers from around the world – noted academics, independent consultants, and investment professionals facilitated by our Faculty Partners (quality funds management firms) – offer their best high conviction ideas on the drivers of and outlook for the markets (on a three- to five-year view) in the context of the theme - and the implications for portfolios.

Markets Summit is not just a talk-fest. You are challenged to decide whether you agree or disagree with each high conviction thesis presented, which ones you’ll investigate further, and which you’ll put into practice when building investor portfolios.

The full program will be available in mid January. Meanwhile, check out Markets Summit 2023 on demand.

After - Review

After the live program, your learning continues. Videos of all presentations are available within a few hours of them live streaming for delegates to view on-demand. The full microsite for each session - a page per presentation featuring sync’d video and slides, podcast, presentation slides and paper(s) and CE accreditation - are available within four weeks. So you can revisit the sessions you attended, “attend” the SIF sessions you didn’t catch at the live program (and earn further CE hours), and review your key takeouts and implications to determine actions to take to build better quality investor portfolios.

By registering for Portfolio Construction Forum Markets Summit 2024 (the “Program”), you agree you have read, understood and agree to be bound by our Portfolio Construction Forum Program Terms and Conditions and the registration inclusions described below.

Practitioner registration

Before registering using these links, please check whether you meet our Practitioner definition below.

• Live studio:   A$295+GST   Register now
  Mix and network face-to-face with Faculty and fellow delegates by joining us at our studio at the University of New South Wales campus. Live studio registration includes:  one individual attending the Program on Wednesday 21 February 2024 as part of the main studio audience at UNSW including morning tea, lunch, afternoon tea and networking drinks in the Cafe with all delegates, and online on demand access to the Program webcasts published after the program. Any costs related to attending the program including but not limited to travel, accommodation, and parking are not included. The registration fee is A$ ex-GST per person.
• Live stream:   A$295+GST   Register now
  Attend at your desk via live stream, from wherever you wish. Live stream registration includes one individual attending the Program live online on Wednesday 21 February 2024 via the live stream broadcast, as well as online on demand access to the Program webcasts published after the program. Any costs related to attending the Program, including but not limited to an adequate internet connection to watch the live stream are not included. The registration fee is A$ ex-GST per person.

Advocate registration options

We also welcome Advocates attending and have a range of registration options available. For more information, please contact us.

Are you a Practitioner or Advocate?

Practitioners

Practitioners are those whose primary role is involved in designing, building and/or advising on multi-asset, multi-manager managed portfolios, managed accounts and/or funds), using but not necessarily limited to managed funds from a range of firms, and who work in a financial advisory, fund research, investment consulting, family office, funds management, superannuation, private fund, endowment fund or investment platform business including:

• investment advisers giving investment advice on multi-manager, multi-asset portfolios, managed accounts and/or funds to individual investors;
• fund researchers;
• investment consultants consulting on multi-asset, multi-manager portfolios;
• portfolio managers designing, building and managing multi-manager portfolios; and/or,
• members of investment committees that oversee multi-asset, multi-manager portfolios, managed accounts and/or funds.

Advocates

If our Practitioner definition (above) doesn’t describe your primary day-to-day role, then you’re an Advocate. Advocates include business and non-investment professionals from any firm. We recognise and respect the invaluable role of Advocates and welcome them attending, too. However to retain a primary focus on Practitioners, we tightly manage to a 5:1 ratio of Practitioners to Advocates attending the program.