ORGANISATION EUROPÉENNE POUR LA RECHERCHE NUCLÉAIRE
CERN EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH


 
Asset Managment Seminar - 21-22nd June 2010
160/1-009 (CERN)

160/1-009

CERN

17
Show room on map
from Monday, June 21, 2010 (8:00 AM) to Tuesday, June 22, 2010 (6:00 PM)



Monday, June 21, 2010

Documents

--- Welcome Coffee ---
10:30 AM 1. Introduction
CERN PF’s Target Return: Assumptions and Implications

11:00 AM 1. A review of the risks implied by CERN Pension Fund’s target return under the current portfolio, and the key assumptions underlying the current investment strategy
11:45 AM 3. A Historical Perspective on Relative Investing
   3.1 An examination of the contrast between CERN Pension Fund’s return target, which is expressed in absolute terms (5%) and the current investment approach, which is based on relative returns
--- Lunch Break, Glass Box ---
1:45 PM 4. Introducing A Risk-Driven Investment Framework
   4.1 Defining the appropriate level of risk to reach CERN PF’s target return
   4.2 Implementing a dynamic process to manage risk
   4.3 Overview of available tools to reduce risk while maintaining target return
   4.4 How will success be measured?
   4.5 Implementing ex-ante risk management
--- Coffee Break ---
3:15 PM 5. Designing an Investment Process that reconciles Capital Appreciation with Capital Preservation
4:15 PM 6. Migrating from a Traditional Portfolio to a Capital Preservation Portfolio
   6.1 University of Maryland’s experience migrating its endowment towards a capital preservation philosophy, as related by the Chairman of its Investment Committee
5:00 PM 7. Conclusion and Summary
5:20 PM 8. End of Day 1
--- Cocktail & Dinner at Domaine de Choully, Satigny ---