mallowstreet University Dinner: Insurance-linked Securities: The Beat of a Different Drum

Sponsored by

Franklin Templeton Investments

Investing in Social Infrastructure: a Dual-Return Opportunity

Social infrastructure is real estate that maintains and strengthens social services, for example: healthcare, education and other civic facilities and social housing. Such projects were once the sole province of European governments, but funding gaps and rising demand have left a multibillion-euro shortfall. There is now an opportunity for institutional investors to participate in the social infrastructure sector and potentially make a dual return: long-term stable, inflation-linked cashflows as well as the impact return of social and environmental benefits to communities.

About Franklin Templeton Investments

Everything we do at Franklin Templeton is focused on delivering better client outcomes. It’s why we’ve built a world-class investment firm that aims to offer the best of both worlds: global strength and boutique specialisation.

We bring together an unmatched collection of independent specialist investment managers to provide our clients deep expertise and specialisation—within and across asset classes, investment styles, and geographies. We boast extensive multi-asset capabilities. And we offer hundreds of strategies across active, smart beta and passive approaches—in a full range of vehicles. All this gives us the ability to provide options best-suited to the unique needs of every client, institutional or individual.

Specialisation and customisation backed by the strength and resources of one of the world’s largest independent asset managers. Reliable, technology-driven, and tailored service. A commitment to doing what’s right for clients at all times. These are among the reasons we’re one of the world’s largest asset managers with clients in more than 160 countries, and over £2.0 trillion in assets under management.*

*As of 31/3/21. Assets under management represent combined assets of Franklin Templeton, Legg Mason, and subsidiary investment management groups. Franklin Templeton acquired Legg Mason on 31/7/20.

mallowstreet University Dinner: Insurance-linked Securities: The Beat of a Different Drum

Insurance-linked securities can offer yields comparable with high-yielding corporate credit but with low correlation to the economic cycle. The best-known examples are 'Catastrophe Bonds' which, with their risk being related to factors such as earthquakes and windstorms, could be described as marching to a different drum to more traditional asset classes.

Over dinner, Peter Vincent, Head of UK Institutional Business Development, will be providing insight into this fascinating asset class and discussing how pension schemes can access it. We look forward to a lively discussion on the pros and cons.

Speakers

Peter Vincent Head of Alternative Sales, Europe
Peter has responsibility for developing the firm's alternative investment businesses in Europe and the Middle East. Franklin Templeton's alternative products include hedge funds, private equity, private debt, real estate, infrastructure, and commodities, as well as bespoke alternative investment solutions. Peter has over 20 years'Â experience in financial services, spanning risk management, asset and liability management, securitisation and hedge funds.
Prior to joining Franklin Templeton in 2013, Peter worked for seven years at Fauchier Partners, a UK-based fund of hedge funds, where he was responsible for business development. Before Fauchier Partners, Peter ran an asset/liability advisory business within SwissRe Capital Markets, providing capital markets-based solutions for insurance companies to manage their risk-based and regulatory capital. Peter began his career in risk management, initially in FX risk at BP Finance, followed by credit risk at Bankers Trust before becoming a founding member of the risk advisory business at Tokai Bank Europe.
Peter holds an MA (1st Class) in mathematics and philosophy from the University of Edinburgh and an MSc in management from the London Business School.