Speakers List - Frabelux Forum 2019
Menu

Speakers

Simon Hedger

Managing Director – Global Portfolio Manager, Property Securities

Principal Global Investors

BIOGRAPHY:

Simon is a global portfolio manager for Principal Real Estate Investors, the dedicated real estate unit of Principal Global Investors. Based in London, whilst also overseeing global accounts, he is primarily responsible for the firm's Europe, Middle East, and Africa real estate capability in REITs and listed real estate securities. Simon has 40 years real estate experience in both the United Kingdom and Australia markets as an analyst and portfolio manager. Prior to joining Principal Global Investors in 2003, his background included a variety of direct real estate related roles with Prudential Assurance Company, positions as fund manager for Paladin Commercial Trust, and GEM Commercial Property Trust. He also spent time on the sell-side as a senior equities analyst for real estate at stockbrokers Prudential Bache/BNP Equities. Simon received an MBA from the University of New England and is an associate member of the Royal Institute of Chartered Surveyors, the Australian Property Institute, and the FTSE EPRA NAREIT European Regional Index Committee.

 

SESSION:

Global Properties Security Fund
Despite superior liquidity, niche high growth sectors, and access to public market capital, REITs currently trade at a discount to private real estate values. Today's 10.7% average discount to their average long-term price to net asset value (NAV) is the widest since the global financial crisis (GFC). This is arisen due to fears, late last year, regarding the potential for rising interest rates and declining earnings growth.

More recently, bond market yields instead indicate interest rates are likely to remain lower for an extended period, thus underpinning real estate valuations for most sectors. A valuation gap this wide as an opportunity for investors to own REITs at fairly inexpensive relative valuations under current market conditions. There are ample valuation opportunities within the sector and it has not gone unnoticed by REITs and other major institutional real estate investors. REIT mergers and acquisitions and privatization activity has increased recently as these institutions are quick to capitalize on undervalued real estate in the public market.

Guy Wagner

Managing Director

BLI - Banque de Luxembourg Investments S.A.

BIOGRAPHY:

An economics graduate from the Université Libre de Bruxelles, Guy Wagner joined Banque de Luxembourg in 1986 where he was head of the Financial Analysis and Asset Management departments. He was appointed Managing Director of BLI - Banque de Luxembourg Investments S.A. in 2005.

 

SESSION:

The capability of an asset manager to generate powerful ESG and Social Impact without compromising on performance

In this session, Guy Wagner, Managing Director of BLI - Banque de Luxembourg Investments S.A., and Nicolas Crochet, co-CEO of Funds For Good S.A., will explain how their common collaboration permitted to give birth to a revamp of BLI's flagship fund BL Global Flexible EUR into an ESG and social impact, generating UCITS funds.

Nicolas Crochet

co-CEO of Funds For Good

BLI - Banque de Luxembourg Investments S.A.

BIOGRAPHY:

After a B.A. in Applied Economics at the Louvain School of Management, Nicolas Crochet starts his career as a private banker at Banque Belgolaise and then Prudential Securities. Willing to deepen his expertise in asset management and dedicate himself to institutional clients, he joins State Street Global Advisors in 2006 as Head of funds distribution for the Benelux and the Nordics region. Volunteer in different associations and willing to create investment solutions that could combine a concrete social impact with a good financial return, Nicolas creates Funds For Good in 2011. Nicolas is a Founder and Managing Partner at Funds For Good.

 

SESSION:

The capability of an asset manager to generate powerful ESG and Social Impact without compromising on performance

In this session, Guy Wagner, Managing Director of BLI - Banque de Luxembourg Investments S.A., and Nicolas Crochet, co-CEO of Funds For Good S.A., will explain how their common collaboration permitted to give birth to a revamp of BLI's flagship fund BL Global Flexible EUR into an ESG and social impact, generating UCITS funds.

 

Olivier Cassé

Senior SRI Equity Fund Manager

Generali Investments

BIOGRAPHY:

Olivier (CFA Charterholder) joined Generali Investments in November 2016 and manages two SRI funds, GIS SRI European Equity and GIS SRI Ageing Population. He has 18 years of experience in the Asset Management industry. Olivier worked for Société Générale between 2001 and 2004 as a portfolio manager in the Private Banking department, before joining the Amundi Group where he was managing European equity funds from 2005 to 2016. He was previously a financial analyst. Olivier is a CFA Charterholder.

 

SESSION:

Generali Investments SICAV SRI Ageing Population: Transforming a major trend into an investment opportunity.

By 2045, the world's population aged 60 and above is expected to more than double, reaching almost 2 billion people. The ageing of the population constitutes a major challenge for our societies and economies.
GIS SRI Ageing Population aims to benefit from this long term demographic shift trend by investing in European companies with their business models exposed to this theme, a theme which is expected to grow faster than that of the overall economy over the coming years.
Investment approach: 3-step process.
1 - Proprietary SRI analysis: selecting companies with an ESG rating above their respective sector's average.
2 - Thematic screening: identifying a company's exposure to 3 key investment pillars: Healthcare, Pensions & Savings, and Consumers.
3 - Financial analysis & valuation: to identify and select best-in-class business models, with sustainable growth prospects and an ability to generate cash.