Morningstar Ibbotson Conference Morningstar Ibbotson Conference

Asset Allocation
Investment Research
Portfolio Construction
Morningstar
Ibbotson
Conference
22 West Washington Street
Chicago
Illinois 60602
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First-Class Mail
US Postage
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A
I
Morningstar, Inc.
Morningstar
Ibbotson
Conference
Asset Allocation
Investment Research
Portfolio Construction
Orlando, Florida
5–6 March 2009
D
Morningstar
Ibbotson
Conference
The annual Ibbotson Asset Allocation Conference has expanded into the
Morningstar Ibbotson Conference to present thought-provoking
ideas related to all aspects of investing. On March 5–6, 2009, this event
will continue Ibbotson’s tradition of bringing academic theory to industry
practice, with thought leadership on asset allocation, investment
research, and portfolio building in a must-attend event for professionals
involved in selecting or managing investments. Addressing both theory and
practice, prominent speakers from academic institutions, global companies, and financial services providers will discuss innovative concepts and
leading investment approaches.
®
Be Prepared for the Future
Do you know how your peers and other financial industry experts view the
current state of the economy? Are you interested in learning how they
are planning for the days, weeks, and years ahead? Do you have the forwardlooking information and cutting-edge research you need to make strong
decisions that will benefit your company?
The Morningstar Ibbotson Conference is your source. This essential event
will increase your knowledge and understanding of how the best
minds see our economic future and what it means to you and your firm.
Key Benefits
Master innovative and traditional investment
approaches on asset allocation, investment
research, and portfolio construction. Walk away
with key information on:
3 The latest forward-looking economic outlook
3 New approaches for assessing and selecting
investment products
3 New financial innovations and the ones appropriate
for your products and client portfolios
New This Year
Manager Selection Process Panel
Featuring representatives from Pacific Life,
ING, and Nationwide.
Custom Target Date Solutions Panel
Featuring representatives from large plan sponsors
and hosted by Stacy Schaus of Pimco.
Both sessions will allow for questions and answers.
Attendees
3 Institutional money managers
3 Financial planners
3 Investment consultants
3 Registered investment advisors
3 Plan sponsor trustees
3 Registered representatives
3 Foundation and endowment trustees
3 Product managers
3 Private bankers
3 Sales and marketing professionals
3 Investment advisors and planners
Speakers
Joe Mansueto
Featured Speaker
Harry Markowitz, Ph.D.
Nobel Prize, Economic Sciences, 1990
Roger Ibbotson, Ph.D.
Professor, Yale School of Management
Founder and Advisor, Ibbotson Associates
Peng Chen, Ph.D., CFA
President, Ibbotson Associates
Joe Mansueto
Chairman and Chief Executive Officer,
Morningstar, Inc.
Harry Markowitz
Frederick Dopfel, Ph.D.
Managing Director, Head of Client
Advisory Group Barclays Global Investors
Roger Ibbotson
Frederick Dopfel
Gary Gorton, Ph.D.
Professor of Finance,
Yale School of Management
Jan Hatzius, Ph.D.
Chief U.S. Economist, Goldman Sachs & Co.
Don Phillips
Karlheinz Muhr
Managing Director of Credit Suisse
Don Phillips
Managing Director, Morningstar, Inc.
Clemens Sialm, Ph.D.
Assistant Professor of Finance,
University of Texas at Austin
Conference Agenda
Wednesday, March 4, 2009
Additional Information
Registration Open
5:00p–8:30p
For more information about the conference and
breakout sessions please visit our Web Site at:
ibbotson.com/MorningstarIbbotsonConference
General Session
11:05a–12:05p
U.S. Economic and Financial Outlook
Jan Hatzius, Ph.D.
Chief U.S. Economist, Goldman Sachs & Co.
Breakout Sessions (Choose one)
2:40p–3:25p
The Return Gap—A New Performance
Measure for Mutual Funds
The Case for a Pensions, Foundations, and
Endowments Database: Concepts and Practice
Infrastructure and Strategic Asset Allocation
The Science of Depletion Funds
Thursday, March 5, 2009
Registration Open
7:30a–4:00p
3
Continental Breakfast
7:00a–8:30a
3
Welcome Address
8:00a–8:15a
Joe Mansueto
Chairman and Chief Executive Officer
Morningstar, Inc.
Peng Chen, Ph.D., CFA
President, Ibbotson Associates
3
3
Breakout Sessions (Choose one)
9:15a –10:00a
Gate Keeper’s Manager Selection Process
Ibbotson’s Economic Outlook
Retirement Income Planning: A New Efficient
Frontier and Outcome Based Strategies
The Importance of Asset Allocation
Lunch
12:05p
Refreshment Break
10:00a –10:15a
The North-South Divide:
Perspectives on Global
Diversification
10:15a –11:05a
Frederick Dopfel, Ph.D.
Managing Director, Head of Client Advisory Group
Barclays Global Investors
General Session
8:15a–9:05a
Liquidity as an Investment Style
Roger Ibbotson, Ph.D.
Professor, Yale School of Management
Founder and Advisor, Ibbotson Associates
3
3
3
3
3
3
3
3
Keynote Address 12:35p–1:30p
Refreshment Break
3:25p–3:40p
Breakout Sessions (Choose one)
1:45p–2:30p
Volatility Management
Benchmarking and Scoring Target Date Funds
The Impact of Liability-Relative Optimization
The Debate on Fundamental Indexing:
Where Things Stand
Commodity Futures
3:40p–4:40p
Gary Gorton, Ph.D.
Professor of Finance,
Yale School of Management
Cocktail Reception
6:00p–8:00pm
Friday, March 6, 2009
Networking Breakfast
7:00a–8:00a
3
General Session
8:00a–8:50a
Global Stewardship Grades
Don Phillips
Managing Director, Morningstar, Inc.
3
3
3
Breakout Sessions (Choose one)
9:00a–9:50a
Custom Target Date Panel Discussion
Ibbotson’s Economic Outlook*
Retirement Income Planning: A New Efficient
Frontier and Outcome Based Strategies*
The Importance of Asset Allocation*
Refreshment Break
9:50a –10:10a
*Repeat from Thursday
Breakout Sessions (Choose one)
10:10a–10:50a
3 The Future of Hedge Funds
3 Benchmarking and Scoring Target Date Funds*
3 The Impact of Liability-Relative Optimization*
3 The Debate on Fundamental Indexing:
Where Things Stand*
General Session (Live via video broadcast)
11:00a–11:50a
Portfolio Theory vs. Financial Engineering
and Their Roles in the Financial Crises
Harry Markowitz, Ph.D.
Nobel Prize, Economic Sciences, 1990
Closing Remarks
11:50a–12:00p
Peng Chen, Ph.D., CFA
Destination Orlando, Florida— Make the Most of It
Central Florida offers an incredible mix of activities from perennial family
favorites such as Walt Disney World , Universal Studios , and
SeaWorld Orlando to the plentiful shopping, dining, golf, and nightlife.
®
JW Marriott Grande Lakes
4040 Central Florida Parkway,
Orlando, Florida 32837
+1 407 206-2300
+1 800 682-9956
®
®
Additionally, some unknown treasures are just a short drive from the center
of Orlando. Hundreds of lakes dot the central Florida countryside,
providing some of the best bass fishing in the country as well as plenty of
opportunity for boating and other water sports.
6
Orlando
Executive
Airport
1
7
8
4
Orlando
Int’l
Airport
10
Attraction
Miles from JW Marriott
1
Universal Studios Florida® 5
2
SeaWorld Orlando®
2
3
Walt Disney World ®
10
4
Wet ‘n Wild
5
Gatorland
6
Titanic, Ship of Dreams Exhibit
6
2
JW
Marriott
3
5
4
12
7
Orange Tree Golf Club
4
8
SkyScapes Balloon Tours
7
9
Old Town
8
10
WonderWorks
3
9
Details
Registration Form
Hotel Information
Conference Pricing
Ways to Register
The JW Marriott Orlando, Grande Lakes provides all
Early Bird Discount Rate: $950
Mail Registration Form
of the comfort and variety you could imagine.
(Valid until February 4, 2009)
Morningstar Ibbotson Conference
From the moment you are welcomed by their signature
Regular Conference Rate: $1,095
Morningstar, Inc.
Spanish fountain, you’ll know that you have found
5133 Innovation Way
one of the most prestigious hotels in Orlando, Florida.
Exclusive Offer for Morningstar Direct SM and EnCorr ®
Conveniently located near Universal Orlando ,
subscribers, attend the pre-conference Client
SeaWorld®, and Walt Disney World® and other exciting
Registration Information
Name
Job Title
Chicago, Illinois 60682-0051
Company Name
Symposium on March 4 and receive a 30% discount
Register by Fax or Phone
Address
local attractions, the hotel transports guests to a
from the regular conference rate.
+1 312 696-6010 fax
place of unsurpassed serenity and beauty.
Call +1 312 696-6848 for details.
+1 877 525-3257 phone
Special room rate for conference guests,
Cancellation Policy
Register Online
$299 at the JW Marriott
If cancelled before February 8, 2009, a full refund
ibbotson.com/
is available. After this date, cancellations are
MorningstarIbbotsonConference
®
JW Marriott Grande Lakes
subject to the entire conference fee. Substitutions
4040 Central Florida Parkway, Orlando, Florida 32837
from the same firm can be made if requests are
+1 407 206-2300
received in writing prior to the end of the business
+1 800 682-9956
day March 3, 2009.
www.grandelakes.com
Phone
Fax
E-mail Address
Payment Information
Early Bird Discount Rate: $950 (Valid until February 4, 2009)
Regular Conference Rate: $1,095
Morningstar Direct SM and EnCorr ® Subscribers: $750
Sponsorship Information
Don’t miss this opportunity to receive prime
For sponsorship or advertising information,
exposure to an elite group of top executives and
please contact:
decision makers in the industry.
Susan Carroll
Check (Payable to Morningstar, Inc.)
Mastercard
Credit Card
Visa
American Express
Marketing Manager, Ibbotson Associates
+1 312 696-6839
Card Number
scarroll@ ibbotson.com
Exp. Date
Name on Card
Signature
©2008 Ibbotson Associates, Inc. All rights reserved.
Ibbotson Associates, Inc., is a registered investment advisor
and wholly owned subsidiary of Morningstar, Inc.