Fixed Income Performance Review and Insight.

Investors have grown increasingly more sophisticated when it comes to understanding of the risks and opportunities arising from climate change. So have their approaches to capturing these aspects of climate change in their portfolios.

During this webinar, our expert speakers will discuss how the market has taken evolutionary steps to develop from relatively simple risk-based implementation options—such as creating "ex fossil fuel" or "low carbon" portfolios—to approaches that also capture the potential upside from the transition to a low carbon economy, e.g. via increased exposure to the global green economy.

What can we learn from our Q3 Factor performance analysis?

- How have factors behaved since Covid-19?
- What are the drivers behind regional factor return differences?
- Are factors good predictors of the economic cycle?

Join our Global Investment Research quarterly Factors Performance and Insight webinar, for an investigation into the drivers behind differential regional factor performance in Q2 and whether factors are good proxies for economic risk.

During the webinar, we will share our observations on factor performance and the drivers of factor returns across regions. We will then discuss whether factors can predict the economic cycle, focusing on the period since the Global Financial Crisis.

Our analysis will be framed within the context of the adjustment in Factor behavior since the post-Covid regime, and will draw upon key findings from our October quarterly Market Maps "Factor Indicator" report.

What can we learn from our Q3 Factor performance analysis?

- How have factors behaved since Covid-19?
- What are the drivers behind regional factor return differences?
- Are factors good predictors of the economic cycle?

Join our Global Investment Research quarterly Factors Performance and Insight webinar, for an investigation into the drivers behind differential regional factor performance in Q2 and whether factors are good proxies for economic risk.

During the webinar, we will share our observations on factor performance and the drivers of factor returns across regions. We will then discuss whether factors can predict the economic cycle, focusing on the period since the Global Financial Crisis.

Our analysis will be framed within the context of the adjustment in Factor behavior since the post-Covid regime, and will draw upon key findings from our October quarterly Market Maps "Factor Indicator" report.

This webinar will look into the development of (forward-looking) term risk-free rates (RFRs), with focus on SONIA and the UK market. Globally, identified RFRs are overnight rates whereas LIBORs are mainly used in their term form – This difference can be an issue for the transition of certain LIBOR referencing products.

Experts from the industry will gather with FTSE Russell to discuss
- where term rates can be of most support to LIBOR transition,
- evaluate the various indicative options currently available in the UK market, and
- discuss how things may play out over the next 6-12months
- It will also touch on the approaches to term rates in other jurisdictions.

Welcome remarks & key takeaways from day 2 (5mins)

Presenter:
• Mikhail Shefter, Head of ISD Analytics Research, London Stock Exchange Group (LSEG)
___

Sustainable investing within securitized markets (20mins)

• ESG taxonomy in securitized
• Green CMBS

Presenters:
- Katie Prideaux, Fixed Income Analytics Specialist, Sustainable Investment Lead, LSEG
- Luke An Lu, CMBS Researcher & Modeler, Director, LSEG
___

Panel Discussion: Sustainable investing (20mins)

• Putting ESG into practice within securitized assets
• Unique issues for the green CMBS market
• Predatory lending and servicing behaviours through COVID-19

Panelist:
- John Bastoni, Vice President, Breckinridge Capital Management
• Moderator: Maryse Gordon, Business Development Manager, LSEG
___

Conclusion and takeaways (15mins)

Presenter:
• Sean Maloy, Head of Analytics Sales Team for the Americas, LSEG

Thank you for joining this session.

Click here to view the series:

October 6:
Analytic landscape: Impact of COVID-19 and moving forwards: https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-landscape-impact-of-covid-19-and-moving-forwards/

October 7:
Analytic tools and rates: Non-Agency tools and the post-IBOR world: https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-tools-and-rates-non-agency-tools-and-the-post-ibor-world/

Will zero yields outlive Covid-19?

Join our Global Investment Research webinar, for an assessment of whether permanent changes in the structure of the global and Canadian economies, after Covid-19, may prevent Canadian bond yields returning to pre-Covid levels.

During the webinar, we will discuss the performance and macro-economic drivers of conventional, inflation-linked, and corporate BOND indexes. across regions.

Our analysis will be framed by adjustment to the post-Covid regime, Drawing upon key findings from our October 'Canada Fixed Income Insight' report.

Presenter: Robin Marshall, Director of Fixed Income Research, Global investment Research, FTSE Russell.
Host: Paul Bowes, country manager and head of Canada, FTSE Russell

Welcome remarks & key takeaways from day 1 (5min)

Presenter:
• Ming Xue, Head of Analytics Model Development, London Stock Exchange Group (LSEG)
___

Non-Agency models and tools (20mins)

• Enhanced data processing for CRT, Jumbo near Prime, and Non-QM & MSA Level HPA as a key economic driver

Presenter:
Jake Katz, Non-Agency RMBS Modeler, Director, LSEG
___

Impact of IBOR migration (15 mins)
· Overview of the impact of IBOR transition on the industry and Yield Book
· Supporting the new risk-free rates: outlining recent developments
· Commentary on future enhancements

Presenters:
- Mikhail Bezroukov, Analytics Product Manager, Rates & Credit Lead, LSEG
- Sung Joon Moon, Quantitative Research Analyst, Director, LSEG
- Seunghyeon Son, Quantitative Analyst, Director, LSEG
___

Panel discussion: Reflecting on a post-IBOR world (20mins)
Panelists:
- Al Jugoo, Head of Clearing Solutions, SwapClear & Listed Rates, LCH
- Ameez Nanjee, Vice President, Asset & Liability Management, Freddie Mac
- Matthew Scott, Senior Vice President Trader; Head, Global Rates, Securitized Assets & Currency Trading, Alliance Bernstein
• Moderator: Brian Organ, Relationship Manager, Senior Vice President, LSEG

Please join us on October 8th for more insights from industry experts. October 6th replay is also available. Click here to view and register:

October 6: Analytic landscape: Impact of COVID-19 and moving forwards
https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-landscape-impact-of-covid-19-and-moving-forwards/

October 8: Analytic innovations:Securitized considerations as part of sustainable investing
https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-innovations-securitized-considerations-as-part-of-sustainable-investing/

*Please note that no press is allowed for this event.

Bond markets adjust to the post-COVID regime

Join our Global Investment Research webinar, in which we assess whether permanent changes in the structure of the global economy, after COVID-19, may prevent bond yields returning to pre-pandemic levels.

During the webinar we will discuss the performance and macro-economic drivers of conventional, inflation-linked, corporate and MBS indexes across regions.

Our analysis will be framed within the context of the bond market adjustment to the post-COVID regime, and will draw upon key findings from our October Market Maps "Fixed Income Insight" report.

Bond markets adjust to the post-COVID regime

Join our Global Investment Research webinar, in which we assess whether permanent changes in the structure of the global economy, after COVID-19, may prevent bond yields returning to pre-pandemic levels.

During the webinar we will discuss the performance and macro-economic drivers of conventional, inflation-linked, corporate and MBS indexes across regions.

Our analysis will be framed within the context of the bond market adjustment to the post-COVID regime, and will draw upon key findings from our October Market Maps "Fixed Income Insight" report.

Bond markets adjust to the post-COVID regime

Join our Global Investment Research webinar, in which we assess whether permanent changes in the structure of the global economy, after COVID-19, may prevent bond yields returning to pre-pandemic levels.

During the webinar we will discuss the performance and macro-economic drivers of conventional, inflation-linked, corporate and MBS indexes across regions.

Our analysis will be framed within the context of the bond market adjustment to the post-COVID regime, and will draw upon key findings from our October Market Maps "Fixed Income Insight" report.

Welcome remarks (10min)
Update on ISD research & product
Yield Book strategy & outlook

Presenters
• Arne Staal, Global Head of Product Management and Research, London Stock Exchange Group (LSEG)
• Richard Burns, Global Head of Analytics, London Stock Exchange Group (LSEG)
___

Reflection on 2020 product initiatives (5min)

Presenter:
Emily Prince, Global Head of Analytics Product Management, LSEG
___

COVID-19 adjustments on Agency, Non-Agency and CMBS models in addition to enhancements on products and data (20min)

• COVID-19 specific forbearance extension and payment deferral plans from GSEs and their impact on prepayment model
• Partial claim and modification policy changes from FHA and pooling requirement changes from GNMA and their impact on prepayment model
• Prepayment, Delinquency, Default, & Severity adjustments for Non-Agency and CRT
• COVID-19 adjustments for agency CMBS models (V99)

Presenters:
- Hui Ding, Senior Agency RMBS Modeler, Director, LSEG
- Aysegul Erdem, Head Securitized Product Management, Director, LSEG
- Jake Katz, Non-Agency RMBS Modeler, Director, LSEG
- Luke An Lu, CMBS Researcher & Modeler, Director, LSEG
___

Panel Discussion: Reflecting on COVID-19 impact and investors outlook in 2021 (25min)

Panelists:
- Ilker Ertas, Head Securitized Products, Annaly Capital Management
- Matthew Rodriguez, Portfolio Manager, Millennium Management
• Moderator: Paul Morrissey, Head North American Broker-Dealer Client Relationships, LSEG

Please join us on October 7th & 8th for more insights from industry experts:

October 7: Analytic tools and rates: Non-Agency tools and the post-IBOR world
https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-tools-and-rates-non-agency-tools-and-the-post-ibor-world/

October 8: Analytic innovations: Securitized considerations as part of sustainable investing
https://yieldbookwebinarseries2020.brighttalk.live/webinar/analytic-innovations-securitized-considerations-as-part-of-sustainable-investing/

Over the past two decades, as a market, listed real estate has grown larger and more diversified and is now considered a well-established tool for real estate investors. The COVID-19 pandemic has upended everyday life for the foreseeable future, creating new risks and opportunities in commercial real estate across the U.S., Europe, and Asia. In part because it offers liquidity, listed real estate (including REITs) allows investors to act on their convictions and take advantage of these risks and opportunities.

FTSE Russell, EPRA, Nareit and Cohen & Steers invite you to join an informative conversation focused on how listed real estate is positioned in the current environment, some property sectors that continue to provide differentiated investment opportunities, and the long-term diversifying role listed real estate can play for institutional investors.

During this webinar, asset owners, asset managers, and ETF providers will hear industry experts discuss:
• How has the spread of COVID – 19 impacted the commercial real estate markets? Do these impact real estate equally, or have some property types that have fared worse / better than others?
• Are there potential opportunities that may arise from market dislocations that long-term investors should be thinking about?
• The long-term diversifying role and opportunities listed real estate can offer institutional portfolios

Speakers:
• Ali Zaidi, Director Research & Indexes, EPRA
• John D. Worth, Ph.D., EVP Research & Investor Outreach, Nareit
• William Leung, Portfolio Manager, Head of Asia Pacific Real Estate, Cohen & Steers
• Anton Chan, Head of Institutional Business, Asia Ex Japan, Cohen & Steers

Moderator:
• Cedric Tang, Head of Asset Owner Group, North Asia, FTSE Russell