Name: Trustee Training Programme 2025: Session 1 - Macroeconomics & DB pensions
Start: 2025-04-30T14:00:00Z
End: 2025-04-30T14:01:00.000Z
Location: BrightTALK
Rating: 0

At Columbia Threadneedle Investments, we invest to make a difference in your world, and the wider world. Millions of people rely on us to manage their money and invest for their future; together they entrust us with £598 billion*. Whatever world you want, our purpose is to help you achieve it. We do this by being globally connected, intense about research, having a responsible ethos, and a focus on continuous improvement.

* All correct as at 30 June 2022

 
A global team brings together diverse expertise with investment professionals sharing global perspectives across asset classes and markets. Behind every investment is intense research powered by a team of analysts dedicated to finding original, actionable insights. 
 
Being responsible about investment lies at the core of everything we do - Responsible Investment (RI) principles and proprietary tools are used to provide a robust RI framework and better analysis for the benefit of clients. We have a responsibility not just to invest in a more sustainable future, but also to use our influence to drive positive change. It’s our belief that ESG principles enhance and improve both investment returns and real-world outcomes.

What we will cover:

What are the current key trends within the defined contribution (DC) market?
How do these impact your DC scheme’s investment strategy and what should you consider implementing?

Trustee Training Programme 2025: Session 2: Understanding the DC market

2024 was the year of the BATMMAAN stocks. Collectively, Broadcom, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and Nvidia became the caped crusaders of global markets, capturing investors’ imaginations and driving market performance. But with great performance comes great concentration risk, and these companies now dominate benchmarks. Combined with hidden correlations, a new era of geopolitics and ongoing macro challenges, this creates a changing dynamic for managing equity portfolios. 

In this webinar, David and Andrew will explore how to approach such an environment, why managing risk in big tech is so important, but also why diversification will be critical in the year ahead. Join us as we discuss where to find the real superhero stocks, and how Columbia Threadneedle’s approach to quality offers a resilient approach amid market uncertainty.

BATMMAAN Begins! Navigating the market’s super-stocks and the case for a differentiated approach to quality

The world has changed. The US has announced much higher tariffs than markets had expected, and has introduced massive uncertainty. The break with previous policy on Ukraine and weakening of commitment to NATO means Europe is planning a go-it-alone defence policy that implies a massive fiscal boost. Meanwhile, the UK is struggling to cut welfare spending to keep borrowing under control. Our Chief Economist, Steven Bell will discuss these dramatic changes and draw conclusions for financial markets.

Tariff Turmoil, German Rearmament: Where will it all end?

There’s turmoil in US policy, stagflation in the UK and stagnation in Europe. Join Steven Bell, Chief Economist, as he discusses the outlook for 2025 against this background and what it may mean for financial markets.

What's next for markets?

Join Jamie Jenkins and Clare Allen for a webinar on CT Responsible Global Equity: Strategy Review and 2025 Outlook, where they will reflect on the key performance drivers of H2 2024 and explore the challenges and opportunities ahead.

This will include:
• Strategy Review: insights into performance in H2 2024
• 2025 Outlook: How are we positioned for the year ahead, including the implications of a new US administration, the trajectory for AI demand and adoption, and threats to global economic stability
• The Portfolio Manager’s Perspective: thoughts on how it feels to manage a responsible fund in today’s complex environment, balancing our ESG goals with market realities

CT Responsible Global Equity: Review and 2025 outlook

You are invited to join our interactive webinar where Steven Bell, EMEA Chief Economist, will cast his eyes to what lies ahead for economies and markets in 2025.

As well as health checking key economic regions and assessing the prospects for inflation and interest rates, Steven will explore the potential impacts of a new Republican administration in the US and beyond.

What are the relative attractions of equities versus bonds and where do opportunities exist from a geographic perspective?

Opening Bell 2025

After a tumultuous year of political and economic change, our Chief Economist, Steven Bell, will review market performance in 2024 and look ahead to 2025.

Closing Bell 2024

It was a strong start to the year for equities. The AI trade has once again dominated, and markets have shrugged off a range of geopolitical risks, but where do we go from here?

Despite the recent market concentration, we believe that equity investors with diverse portfolios can prosper.

Structural themes such as decarbonisation, deglobalisation and digitalisation have created a broad opportunity set, with earnings growth to be found across a wide range of industries and geographies.

Join us live or on demand to hear FE Alpha Manager Hall of Fame veteran David Dudding and Client Portfolio Manager Andrew Harvie discuss why our approach to quality sees us well-placed for such an environment and how this is reflected in the Global Focus strategy.

Unknown pleasures – a new era for equity investors

We’ve moved past peak interest rates and with a dislocation between share valuations and the true value of underlying property assets, real estate equities look well placed.  Join us and find out how we’re selectively targeting value in key markets.

• Real estate equities often outperform broader equities once we past the peak in interest rates  
• We see scope for a near-term capital value kicker. Longer-term income streams look set to remain the key driver. 
• Selectivity is key – why we focus on well managed quality businesses in the right sectors and locations.
• We see little oversupply in key markets and seek out pockets of rental growth. There is a positive outlook for sectors like logistics, data centres and prime retail in tourist hotspots.
• How we consider real estate opportunities at home, across Europe and globally.

Why it’s the REIT time to rethink your property exposure

• Climate policy and pensions
• Navigating climate reports 
• Net zero implementation for pension portfolios

Trustee Training Programme 2024: Session 3: Net-zero transition planning

One of the key beliefs of our corporate governance principles is that well governed companies are better positioned to manage risks and identify opportunities. A relevant and suitably diverse mix of skills and perspectives is critical to the quality of the board. Our empirical research shows that companies with insufficient board gender diversity may have higher distinct risk – and these results are robust and consistent over time and across markets. 

In this webinar, we will discuss our empirical research and explore to what extent sophisticated portfolio construction or voting and engagement can be solutions to mitigate the unintended risks of insufficient board diversity. We will also highlight how our engagement efforts, focused on improving gender board diversity in Asia, are showing good progress.

ESG Webinar:  Does board gender diversity affect stock risk (and how can investors mitigate the risk)?

Alongside a review of 2024 so far we’ll be casting our eyes forward to themes reshaping our world from a sustainability perspective.  We’ll be diving deep into how we’re working to tap into this potential through quality companies supported by structural megatrends.

CT Responsible Global Equity: H1 2024 review and outlook

With Labour victory at the UK election on July 4, Steven Bell, EMEA Chief Economist, will set out the economic and fiscal background that the new government will face, discuss likely tax and spending plans and look ahead to the Presidential race across the Atlantic.

Life Under Labour: new Government, budget plans and impact on the economy

Healthy economies depend on healthy people. The steady gains in life expectancy and average population health made over decades have been stalling in many countries due to a confluence of factors including lifestyle related diseases such as cardiovascular conditions and diabetes.

Public health becomes an ever more critical issue for investors. We need to take into account how shifting regulation, workforce expectations and consumer choices are likely to impact investment risk and opportunity. We engage companies in the healthcare sector and beyond to better understand their exposure and strategic decision-making around these trends, and to encourage a responsible approach to impacting public health.
In this webinar, we will provide insight into our research and engagement on public health topics, including a deep dive into our project Diversity in Clinical Trials.

ESG Webinar: Health matters – public health with an investor lens

On this session, we will cover:

What are the typical pension scheme endgame options?
• Buy-out, self-sufficiency and run-on
• Why select one over the other?
• The investment strategy implications of each

Governance solutions for pension scheme endgame:
• How to set and monitor an appropriate journey-plan
• What governance solutions are available?
• Case studies

For more information on our trustee training programme, please click the below link:
https://www.columbiathreadneedle.co.uk/en/inst/cti-trustee-training-programme/

Trustee Training Programme 2024: Session 2 - Exploring governance solutions

Since the end of the pandemic, the US has outperformed with lower inflation, better growth and as stronger stock market. In the year ahead, we can expect Europe and the UK to close the gap on growth, beat the US on inflation and be more competitive in terms of equity performance.

Is the US set to underperform Europe and the UK?

Inflation has been falling in the major economies but expectations of early cuts in interest rates have been disappointing. Our Chief Economist Steven Bell explains why leading central banks are likely to start easing in June. Meanwhile, economic growth is picking up strongly in the UK and Europe may follow: good news for risk assets.

Inflation, interest rates and equities: where to next?

Register today for our upcoming Trustee Training webinar, where our speakers will discuss the following:
• The impact of a rapidly evolving macroeconomic backdrop and its knock-on effect on interest rates and inflation.
• How does this impact your pension scheme's funding position?
• How to position your portfolio to best protect against the challenges ahead?

Trustee Training Programme 2025: Session 1 - Macroeconomics & DB pensions

Macro Economics

Pensions

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European Investors

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Trustee Training Programme 2025: Session 1 - Macroeconomics & DB pensions

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