For decades, derivatives have served various purposes for long-term institutional investors, such as pension funds. They have been recognised as a substitute for direct investment in underlying assets, hedging, duration control, general portfolio management, etc.
However, they are not without risk, and managing these risks is paramount within the context of pension funds. Whether the management is through regulatory efforts, such as the upcoming FSCA’s Conditions for Investment in Derivative Instruments for Pension Funds, through understanding the use and benefits of derivatives and managing these appropriately, or a combination – the argument for understanding risk approaches and the use case for derivatives, holds firm.
Join us at our upcoming Edu Series as we discuss derivative usage in pension funds and approaches to managing derivative risk, including the FSCA Conduct Standard, which comes into effect in May 2024.
REGISTRATION CLOSED
Date: Friday, 19 April 2024 Time: 08:30 – 12:00 Location: Workshop 17 – West Street, 138 West Street, SandtonAgenda
| Time | Speaker | Topic |
| 8h15 – 8h45 | Registration | Breakfast and networking |
| 8h45 – 8h50 | Isaac Ramputa, Executive Director, RisCura Solutions | Welcome and introduction |
| 8h50 – 9h00 | Monika Kraushaar, Head of Investment Advisory, RisCura Solutions | Setting the context for the morning |
| 9h00 – 10h00 | Jonathan Brummer, Senior Investment Consultant, RisCura Solutions | Derivatives: Dull or dangerous? An overview of the benefits, failures and practical uses within an institutional investment strategy |
| 10h00 – 10h20 | Tea break | |
| 10h20 – 10h40 | Suvarn Naidoo; Head of Derivative Portfolio Management and Execution and co-founder, Khumo Capital
Glanville Retief; Head of Governance and Risk and co-founder, Khumo Capital |
Managing risks associated with executing derivative strategies |
| 10h40 – 11h00 | Wilma Mokupo, Head of the Retirement Funds (Prudential Supervision) Department, FSCA | The FSCA’s rationale for the Conduct Standard: Conditions for investment in derivative instruments for pension funds |
| 11h00 – 11h20 | Tiego Nxumalo, Sub-Saharan Division, J.P. Morgan | Use case of derivatives for pension funds outside of SA |
| 11h20 – 11h35 | Q&A and Wrap-up, facilitated by Prasheen Singh, Director and Senior Investment Consultant, RisCura | |
| 11h40 – onwards | Lunch |
Event details
Date
Friday, 19 April 2024
Time
08:30 – 12:00
