The Power of Excess Capital: A New Chapter in Value Investing
Explore how the Excess Capital Yield (ECY) framework identifies companies with the financial flexibility to drive alpha in the Value asset class. By combining this unique philosophy with cutting edge analytics including AI-powered insights, this approach targets sustainable returns beyond dividends, redefining value investing for today’s dynamic markets.
The Exuberance Cycle: protecting wealth in a market priced for perfection
Twenty-five years after the peak of the dot-com bubble, investors once again face markets dominated by a handful of stocks, driven by exuberant narratives. Back then it was dot-com stocks; today it is the “Magnificent Seven.” Both periods underline the risks of concentration, stretched valuations, and misplaced confidence in benchmarks. In this session, Alastair Laing will examine the parallels between 2000 and today and consider their implications for portfolios.
High Yield: rent it or buy it?
This session explores whether High Yield should be treated as a short-term trade or a long-term allocation. We argue for “buy”: owning High Yield for durable income benefits. Rather than a risky version of bonds, High Yield resembles low-risk equity. Through this lens, a structural allocation offers investors consistent income and resilience through cycles.
What's riskier - consensus or courage? In an expensive world, what's left for the contrarian investor
Markets are noisy and expensive, and it’s easy to believe the bigger risk lies in stepping away from consensus. But what if it’s not? This session explores where long-term value may be hiding and how a contrarian mindset could help equity investors generate strong returns for decades to come.
Investing with AI; how next generation techniques can be harnessed to deliver more consistent results.
David will explore the transformative power of AI in quantitative approaches and the potential benefits for fund buyers. He will position AI in the history of evolution in quantitative investing and how it provides the foundation to Quant 2.0. He will show how AI can be harnessed to deliver consistent, factor neutral results in cost effective enhanced index structures.
Short duration, high quality credit- A safe haven in a world fraught with uncertainty?
This session will explore whether investors are still suffering from recency bias in their expectations for interest rates and bond yields. With countries having opened the fiscal floodgates in the aftermath of Covid and proving reluctant to close them again, we consider the merits of high quality, short duration credit in such an environment and the benefits such an approach can offer.
Fiera Capital
UK domestic shares continuing to re rate
Despite a challenging economic backdrop, UK equities have outperformed expectations since the start of the year. Economic data has generally surprised to the upside, supporting investor sentiment. George Godber, Fund Manager of the Polar Capital UK Value Opportunities Fund will share his insights on the current market environment. George will highlight the opportunities emerging for investors and explain why current valuations continue to offer an attractive setting for value-focused stock pickers.
