Mercer
Pension Investment Performance

Pension Investment Performance Seminar 2008

Last updated: 14 March 2008

 

Overview
Date, venue, fee 
Agenda
Your facilitators
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Disclaimer :

Mercer reserves the right to change or cancel any part of its published program due to unforeseen circumstances and to determine the suitability of any registrant to attend the workshop.

 

 

Mercer is pleased to invite you to the 21rst edition of its annual Pension Investment Performance Seminar.

 

This seminar is essential for those with an interest in the performance of Belgian pension funds, including:

  • pension professionals,
  • trustees,
  • chief executives and
  • finance officers.

Date, Venue, Fee

Tuesday 22 april 2008
09:00-12:00 followed by lunch 

 

COURTYARD MARRIOTT BRUSSELS
Avenue des Olympiades 6

1140 Brussels

Tel: +32 2 337 0808

For travel details visit: www.courtyard.com/brucy

 

€150 + VAT per person

This seminar is offered free of charge to PIPS 2007 survey participants.

Agenda

09:00

Welcome - Coffee

09:30

Results of Mercer's 2007 Pension Investment Performance Survey 

Willy Santermans, Chief Actuary Mercer (Belgium)

 

  • How did company-sponsored pension funds perform last year compared to the market in general?
  • To what extent have they been affected by the development in the financial markets
  • What were the principle factors influencing their performance?
10:00

2008 Financial Market Outlook

Jan Longeval, Managing Director, Bank Degroof


2008 has had an extremely difficult start as the credit crisis has started to bite the global economy.

  • Are we in a new bear market or is this a great buying opportunity?
  • Will Europe be drawn into recession because of America's trouble?
  • Will emerging markets save the day?
  • Are corporate bonds attractive again or are government bonds the only place to hide? Cash better than bonds or is this shortsighted?
  • How are hedge funds holding up in this environment?
  • Has the dollar's slide much further to go or will the second half bring a comeback of the greenback?

 

Volatility is both a source of risk and of great opportunity. Jan Longeval will present bank Degroof's views on these issues.

10:45

Coffee break

11:00

A thematic approach towards investing in European Equities

Jan Leroy, CFA, Fund Manager European Equities–Petercam Equities Euroland & Europe & Europe Ethical  


Since several years Petercam Asset Management switched the traditional allocation per sector or country for a more thematic driven approach towards investing.

 

This approach drives not only the portfolio construction in general but also and more specifically the sector allocation and the stock selection that comes with it.

 

Jan will clarify this approach and explain how certain themes came about and how they were implemented in the European beveks.

11:30

Addressing the new prudential framework for the Belgian

Organisations for Financing Pensions (OFP) - a Mercer perspective

Frédéric Debaere, Senior Consultant, Mercer (France)

Benoît Terwagne, Senior Consulting Actuary, Mercer (Belgium)

 

  • The new regulation – quick overview
  • How to decide on the methodological approach that best suits the characteristics my pension fund?
  • How to ensure consistency between the liability profile, the funding policy and the asset allocation policy?

 

Conceptual approach and examples

12:00

Sandwich lunch

 

 

Your facilitators

Willy Santermans

Willy Santermans

 + 32 2 674 8954

Contact by email

Willy is a senior consulting actuary. He is head of the actuarial department and is also responsible for the pension investment service, Belgium.

 

Willy joined William M. Mercer in 1986. Prior to that (1981-1986), he was project manager benefits/group insurance within AG, a large Belgian insurance company.


He is a member of the Royal Association of Belgian Actuaries and is a qualified actuary (National Control Authorities).


Jan Longeval

Bank Degroof

 Contact by email

Since March 2007 Jan is Member of the Executive Committee & Managing Director - Head of Institutional Portfolio Management - Chairman of the Board with Degroof Fund Management Cy nv/sa.

 

Jan joined Bank Degroof in October 1992 as Portfolio and Relationship Manager. In september 2001 he became Head of Institutional Portfolio Management. In 2003 he was appointed Director and Chairman of the Executive Committee with Degroof Institutional Asset Management nv.

 

Prior to joining Degroof, Jan worked with BACOB and ANHYP.

 

Academic background
1997: Certified Financial Analyst (European degree)
1993: Institut de Finance et de Cambisme International (Brussels)
1988: Bachelor in Commercial and Economic Sciences, VLEKHO Brussels


For many years Jan has been a visiting lecturer in Financial Analysis and Valuation at the Vlekho and Ehsal business schools.


Jan Leroy

Petercam

 Contact by email

Jan Leroy is CFA, Fund Manager European Equities with Petercam Equities Euroland & Europe & Europe Ethical

He started his career in 1997 with the Generale Bank as management trainee.

 

In 1999, Jan switched to Petercam, starting as asset manager for private clientele.

 

In 2001 he joined the institutional equity management team as junior portfolio manager.

 

Since January 2003 Jan is institutional portfolio manager, responsible for Petercam Equities Europe, Euroland and Petercam Equities Europe Ethical

 

Jan studied Applied Economics at the Universiteit Gent and holds a degree in  in Financial Analysis from ABAF (Belgian Association of Financial Analysts).

 


Frédéric Debaere

Frédéric Debaere

 +33 1 55 213 551

 Contact by email

Frédéric is a senior associate in Mercer’s investment consulting business.

 

Located in Paris, he is involved in advising clients on a wide range of issues, including asset-liability modelling and asset mix decisions.  He also has specific manager research responsibilities. 

 

Frédéric has twelve years of experience within the banking and investment industry.

 

Prior to joining Mercer, he worked for IXIS Asset Management as a portfolio strategist. Before this, he worked for Crédit Lyonnais, on various activities, and as a portfolio manager in the asset management subsidiary. 

 

Frédéric graduated from Ecole Polytechnique and is a CFA charterholder.


Benoît Terwagne

 +32 2 674 8994

 Contact by email

As a Senior Actuary, Benoît Terwagne is responsible for the full administration of pension plan schemes (pension fund, group insurance and flexible benefit schemes).

 

Benoît also provides specialist advise to Belgian and Luxembourg based companies on new plan designs and compliance with accounting standards (FAS-IAS). He is also involved in due diligence projects in the event of mergers and acquisitions.

 

Other responsibilities include assisting in the preparation of Mercer’s annual Pension Investment Performance Report and Asset Liability Modelling, (the latter in collaboration with the London Investment Consulting office).

 

Benoît started his career with Mercer in 1996. He holds a degree in Actuarial Sciences and a Master in Mathematical Sciences both from the UCL.