2022 Asset Allocation Luncheon

The level of fear and uncertainty in the future direction of the equity markets has never been greater and together with low interest rates, there is heavy discussion amongst organizations on how to achieve the best risk/reward returns over the next 5 to 30 years.

Join CFAW’s panel of Chief Investment Officers on November 18 as they explore their own strategic Asset Allocation ideas for 2022 and beyond.

Our speakers will cover the following topics:

• How are CIOs and strategists positioning their portfolios to take advantage of post-Pandemic growth while mitigating risks that such growth maybe further delayed?
• What are the primary market opportunities and risks? Which asset classes and niche markets present the best opportunities? Which international markets look the most promising?
• What impact does over $14 Trillion of Sovereign Bonds yielding negative interest rates have on CIO strategies? Is Fixed Income uninvestable?
• What approaches and assumptions are being used to set asset allocations?
• What events can cause you to change your Strategic Asset Allocation and how quickly do you react?
• What risk premia are considered reasonable for different types of assets?
• How are the panelists using alternatives in their portfolios? What returns are required for different types of private securities?
• How do the panelists adjust their target allocations depending on the type of client (institutional public fund, endowment, family offices and high net worth individuals)?
• Does ESG factor into your Asset Allocation strategies?
• What is the biggest change in the last few years that affected your Asset Allocation and what possible changes are on your radar.

Learning Objectives:

• Portfolio Management
• Risk Management
• Current perspectives on Asset Allocation for Long Term investors

Who Should Attend?

• CIOs, Wealth Managers/Financial Advisors, investment professionals, and market watchers

Speakers:

Kevin Killeavy, CFA
Co-Chief Investment Officer, Montgomery County Employee Retirement Plans

Kevin Killeavy is a Co-Chief Investment Officer at Montgomery County Employee Retirement Plans (MCERP), a retirement system responsible for overseeing roughly $8.5 billion in defined benefit and defined contribution assets. His responsibilities include asset allocation, risk budgeting, manager selection, and portfolio management across public and private market asset classes. Prior to joining MCERP in 2015, Kevin held an investment research position with a large multi-family office. Kevin earned a BS in Finance from Georgetown University and is also a CFA charterholder.

 

Gabriel Petre, CFA, CAIA
Lead Investment Strategist, World Bank Pension Plans

Gabriel Petre leads the team responsible for developing the asset allocation and ESG integration strategy for the World Bank’s post-retirement benefit funds. He is also involved in advising public pension funds of developing countries on governance, investment policy and asset allocation issues and official institutions of commodity-rich countries in setting up sovereign wealth funds. He joined the World Bank Treasury in July 2006. Before joining the World Bank, he worked for the National Bank of Romania, as part of the team in charge of the Foreign Reserves portfolio. He has an MBA from Georgetown McDonough School of Business and is a CFA charterholder.

Brian A. Swain, CFA
Deputy Chief Investment Officer, Howard University

Mr. Swain is the Deputy Chief Investment Officer at Howard University. The Investment Office is responsible for the day-to-day management of the Endowment and Retirement Trust. Prior to joining the Howard University Investment Office, Mr. Swain was Senior Managing Director/PM of Tiburon Capital Management, an event fund with investments across the capital structure and was co-founder and Chief Investment Officer of Quattro Global Capital, LLC and affiliates managing at its peak, $1.1 billion in assets. Mr. Swain began his alternatives career at The Palladin Group, a multi-strategy investment advisory firm holding the titles of Portfolio Manager- Special Situations, Head of Research and Senior Analyst. Mr. Swain was hired, after interning as an undergraduate, by Penn Mutual Life Insurance Company where he received credit training in their Privates division prior to launching a career in alternatives. Mr. Swain graduated from The Pennsylvania State University with a Bachelor of Science in Finance, is a CFA charterholder and member of CFA Society Washington, DC.

Moderator:

Adela Skenderasi, CFA
Partner, Portfolio Manager – Endowment & Foundations, Brown Advisory

Adela Skenderasi is a partner and portfolio manager at Brown Advisory. She is responsible for managing the investment portfolios of endowment and foundation institutional clients and also providing specific guidance on their long-term investment objectives. Prior to joining the firm, Adela worked for 8 years as a Senior Investment Officer at the International Monetary Fund (IMF), where she oversaw all aspects of portfolio management for the defined benefit plan and healthcare benefit assets of the institution. In 2018, Adela took a sabbatical from the IMF to join the Bank for International Settlements (BIS) in Switzerland, where in addition to overseeing the externally managed funds of the defined benefit plan, she contributed to the alternative investments review and co-authored research papers on sustainable investing and climate change impact on public investors’ portfolios. Prior to joining the IMF, she was Director of Investment Operations for Georgetown University’s Investment Office. Adela holds an MBA with a focus in Finance from Virginia Polytechnic Institute and State University and has been a CFA charterholder since September 2011.

Qualifications:

• CFA Institute PL Credit Hours: 1 Credit
• CFA Institute Competency Framework Skill: Portfolio Construction + Investment Strategy and Process
• This program has been granted 1 CFP CE.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, the CFP® certification mark (with plaque design) logo and the CFP® certification mark (with flame design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Location:

• Clyde’s of Gallery Place – 707 7th St NW, Washington, DC 20001
• Closest Metro: Gallery Place-Chinatown Metro Station

Registration:

• CFAW Member: $65
• Non-Member: $85

A warm thank you to this year’s valued Asset Allocation sponsor:

Register Here

Contact events@cfawashington.org with questions.