Risk Management Conference

August 10-12, 2022 | JW Marriott the Rosseau Resort, Muskoka, Ontario

All times listed below are in ET.
August 10, 2022

Optional golf tournament for pre-registered participants at the Rock Golf Course

7:00 – 7:45 AM:

Breakfast (Cottages Restaurant; breakfast vouchers will only be available for registered golfers)

8:10 AM:

Transportation to golf course via golf carts outside hotel lobby

8:30 AM:

Tee off

1:00 PM:

Lunch (Lunch will be served at the Rock Golf Course)

2:00 PM:

Transportation back to hotel via shuttle

4:30 – 5:30 PM:

Speaker rehearsal (Rosseau Ballroom Salons 3-5)

6:00 – 9:30 PM:

Opening cocktail reception and dinner (Lakeview lawn)

7:30 – 9:30 PM:

Crystal Head Vodka Icebar Experience (pre-registration required to participate in this optional free activity; hotel staff will escort attendees to the icebar after dinner)

August 11, 2022

7:00 – 8:30 AM:

Breakfast (Rosseau Ballroom Salons 1-2)

8:30 – 9:00 AM:

Opening remarks and icebreaker activity (Rosseau Ballroom Salons 3-5)

9:00 – 10:00 AM:

Understanding risk in a time of global turmoil

In her keynote address, Janice Gross Stein will highlight the economic and geopolitical risks affecting the behaviour of markets. From the invasion of Ukraine, growing stresses in the Western system of alliances and deepening conflict between the United States and China to declining workforce participation and rising inflation, her speech will connect the dots between major world events and the potential risks they pose, leaving delegates better prepared to manage and mitigate risks.

Speaker:  Janice Gross Stein, founding director of the Munk School of Global Affairs, University of Toronto

10:00 – 10:30 AM:

Managing risk during volatility: Tactical fixed income allocation strategies

With rising rates and volatile markets, ensuring fixed income portfolios generate sufficient returns while managing risk effectively is a priority for many plan sponsors. In this session, Jeff Moore will share his expert perspective on the fixed-income environment and allocation strategies plan sponsors can employ to succeed in these difficult times.

Speaker:  Jeffrey Moore, portfolio manager, fixed income division, Fidelity Investments

10:30 – 11:00 AM:

Networking break (Rosseau Ballroom Foyer)

11:00 – 11:30 AM:

Managing risk in private markets: Renewable energy infrastructure assets

In this session, Saad Qais will share insights about managing and operating renewable energy assets, including wind and solar farms. He will discuss the key risks that owners of renewable infrastructure assets should be aware of and several effective strategies that can be used to mitigate these risks.

Speaker:  Saad Qais, head of U.S. asset management, Greencoat Capital

This session has been made possible by Schroders.

11:30 AM – 12:00 PM:

Navigating rising inflation and minimizing the impact to your pension plan

Last year, inflation rates across the world hit levels not seen in decades. The consequences for defined benefit pension plans could be substantial.

As many plan sponsors consider whether they should adjust investment policies to account for persistently high inflation, this session will provide an overview of Manulife Investment Management’s research into just how sensitive index-linked and other DB plan's liabilities are to inflation and the asset classes that could help mitigate its impact.

Speaker:  Eric Menzer, senior portfolio manager, global head of OCIO and fiduciary solutions, multi-asset solutions team, Manulife Investment Management

12:00 – 1:00 PM:

Lunch (Port Carling Terrace)

1:00 – 1:30 PM:

Are Canada’s largest public pension funds prepared for the climate emergency?

The existential threat of the climate emergency creates unprecedented financial risks for pension funds — physical, transitional, regulatory, legal, reputational and systemic. The last two years have seen Canada’s largest public pension funds racing to make net-zero commitments, develop climate risk strategies and action plans and build the internal resources and processes to manage growing concerns from beneficiaries about their retirement savings. As custodians of assets based around the world, Canada’s pension funds are highly exposed to climate change and must play an outsize role in the transition away from fossil fuels. In this session, Patrick DeRochie will share his assessment of how Canada’s pension funds are currently managing these unprecedented climate risks, why investing in the best long-term interests of their beneficiaries requires pension funds to take action to rapidly decarbonize the global economy and what pension funds should include in a credible climate plan.


Speaker:  Patrick DeRochie, senior manager, Shift Action for Pension Wealth and Planet Health

1:30 – 2:00 PM:

Private markets: Powering your investment program from strategy to implementation and oversight

Investors are seeking increased exposure to private markets—making the need to fully understand the opportunity set, current market pressures and the nuances of product structure and implementation take of even greater importance.

This session will share experiences from global clients and discuss how investors can optimize their private markets exposure in the current market environment, while expanding their capabilities by taking an innovative approach to accessing opportunities, constructing portfolios and managing all aspects of risk.

Speaker:  Darren Spencer, director, client portfolio manager, alternative investments, Russell Investments

2:00 – 2:30 PM:

Global REITs in economic cycles


In this session, Corrado Russo will walk through how REITs have performed before, during and post previous recessionary periods and what it might suggest in terms of expectations looking forward.


Speaker: Corrado Russo, managing partner and head of global securities, Hazelview Investments


2:30 – 3:00 PM:

Networking break (Rosseau Ballroom Foyer)

3:00 – 3:30 PM:

Adventures in multi-asset credit

Plan sponsors worried about the changing rate environment aren't alone. In this session, Blair Reid explores how investors are using non-traditional fixed income strategies to provide attractive levels of income and diversification as well as reposition their existing asset mix or risk budget in response to changing circumstances.

Speaker: Blair Reid , partner, senior portfolio manager, multi-asset and income, BlueBay (part of RBC Global Asset Management)

3:30 – 4:00 PM:

Forecasting the dynamics of asset return distributions

This session will propose a four-state probability model for stock market phases — trends and sub-trends labelled bear markets and bear rallies, bull markets and bull corrections. It will also explain how forecasts based on this mixture-distribution model can improve investment and risk management decisions. For example, the state-specific distributions provide useful information, particularly with respect to the risk estimates associated with the alternative stock market phases.

Speaker: Tom McCurdy, professor of finance and Bonham Chair in International Finance, Rotman School of Management, University of Toronto

5:40 PM:

Meet in lobby to be transported to dinner venue

6:00 – 9:30 PM:

Cocktail reception and dinner (The Rock Golf Course Restaurant)

August 12, 2022

7:00 – 8:30 AM:

Breakfast (Rosseau Ballroom Salons 1-2)

8:30 AM:

Opening remarks (Rosseau Ballroom Salons 3-5)

8:30 – 9:30 AM:

Communicating risk

In his speech, Dan Gardner will outline how risk management professionals can better communicate concerns to institutional investors. He will explain why so many risk managers rely too heavily on data and rationality and discuss how the fundamentals of how people perceive, think and decide can be used to more effectively shape investor's judgements.

Speaker: Dan Gardner, author, journalist and senior fellow, Graduate School of Public and International Affairs, University of Ottawa

9:30 – 10:00 AM:

An overview of sustainable investing

The incorporation of environmental, social and governance issues into investing criteria has become mainstream. This has been driven by a number of factors including regulatory, reputational and ethical pressures, but the main reason is demands — from customers, investors and other stakeholders. This session will address misconceptions about how sustainable investing strategies perform and explain the benefits and considerations involved in ESG engagement with portfolio companies.

Speaker:  Sean Cleary, chair, Institute for Sustainable Finance, Smith School of Business, Queen’s University

10:00 – 10:30 AM:

Reflections on the Ukraine crisis: Watershed for EM investing?

Has Russia’s invasion of Ukraine transformed the landscape of emerging markets investing? In this presentation, Seth Weingram answers this question by looking beyond the war’s immediate market impacts to consider its longer-term implications. He examines salient themes that have emerged in relation to the energy exposure of emerging market benchmarks, the prospect of deglobalization and management of geopolitical event risk.

Speaker:  Seth Weingram, senior vice-president, director, client advisory, Acadian Asset Management

10:30 – 11:00 AM:

Networking break (Rosseau Ballroom Foyer)

11:00 – 11:30 AM:

Re-evaluating an integrated investment policy

In the wake of the global financial crisis, Marc Gauthier implemented an integrated investment policy at the Concordia University Pension Plan. It was aligned to the plan’s funding policy and, consequently, a different portfolio construction approach driven by funding objectives allocation classes married to an absolute driven investment program. Before the pandemic, this strategy played a key role in restoring the plan's fortunes. This session will look back at the strategy's performance during the rollercoaster markets of the pandemic and post-pandemic periods.

Speaker:  Marc Gauthier, university treasurer and chief investment officer, Concordia University

11:30 AM – 12:00 PM:

Panel: The perils of impact investing

Skeptics of the British Petroleum Co.'s claim to be in compliance with 16 of the 17 sustainable development goals laid out by the United Nations, including the ones related to supporting ocean biodiversity and affordable clean energy, say the company is engaging in SDG-washing. If it is, it isn't alone. Nor is this the only strategy being used by corporations to lure in would-be impact investors. In this panel, Les Marton will lead a discussion with expert plan sponsors on how to spot the deceptive practices being used in various asset classes to lure in even well-informed institutional investors.


Karen Lockridge, director, ESG investing, Canada Post Corporation Pension Plan

Dawn Jia, president and chief executive officer, UBC Investment Management Trust Inc.

More panellists to be confirmed.

Moderator:  Les Marton, managing director, bfinance Canada Inc.

12:00 – 1:00 PM:

Closing lunch (Port Carling Terrace)
*This agenda is subject to change.






Please email Megan Lepage