Zurich - Wednesday 24 October

Hotel Schweizerhof Zurich
Bahnhofplatz 7
CH-8001 Zurich
08.00
Breakfast & Networking
08.55
Introduction
09.00
Access to Credit Through MAC Portfolios and Impact of ESG
With many traditional lenders restricted by factors such as regulation and access, Hermes will discuss opportunities to capture superior risk-adjusted returns within fixed income by looking beyond traditional credit for those investors who can access illiquidity, complexity and scarcity premia. In doing so the session will also shed light on Hermes’s unique approach to ESG integration and how it sees that impacting the future. It will also explain the role of MAC funds and tailored mandates in finding superior relative value across the full credit spectrum.
09.30
The European Credit Continuum: Making the Most of the Whole Credit Spectrum
In a low-rate environment and higher uncertainty context, investors need solutions to meet the challenge of rising rates while hunting yields. Innovative investment strategies that allow a flexible allocation approach between listed credit and private debt assets enable investors to broaden the credit universe and take advantage of a new way of looking at fixed income that transcends silo organisations. This session will investigate how to:
  • Explore and integrate opportunities from the full spectrum of liquidity across the credit continuum ranging from investment grade and high yield corporate bonds, to senior secured private debt;
  • Assess and capture relative value within the credit continuum by combining the best opportunities in listed and unlisted credit to access the widest set of the credit market.
10.00
Coffee
10.30
European Loans - A Safe Harbour in Uncertain Times
This session looks at the rationale behind Wells Fargo Asset Management’s preference for European loans as its asset class of choice over the next 12 months compared to other credit sources, including US loans and European private debt. With yields remaining historically low and investors searching for a way to add return without undue risk or capital depreciation, there are five key reasons for this:
  1. The senior secured status of the asset class provides strong creditor protection;
  2. European loans provide investors with diversification benefits and a good hedge against higher interest rates;
  3. European loans offer strong risk-adjusted returns;
  4. The European loans market benefits from favourable supply and demand dynamics;
  5. European loans offer an attractive alternative to an investment in US loans or European private debt.
11.00
Panel Discussion
11.30
Close
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