OPENING SPEAKERMarkets, industries, and companies around the world have been bracing for potentially more turbulent times as the global economy continues the elevated interest rate environment of 2023. How have the events of the last two years affected the Canadian economy & financial markets, and what can we expect going forward? We will discuss the trends and events shaping the Canadian economy, such as housing market trends, the labour market & immigration, interest rates & inflation, as well as the likelihood of a recession. | | | 
| Soheil Mahmoodzadeh
Chief Econometrician
Canadian Western Bank Soheil obtained his PhD in Economics from Simon Fraser University in 2015. After spending two years as a member of the research team at the Economics Department of the University of Cambridge in the UK, Soheil joined Canadian Western Bank (CWB) | risk group and currently works as the Chief Economist. | PANELOur panel will discuss a wide range of topical issues in real estate including how both real estate equity and mortgage investments fit within institutional portfolios. We’ll cover outlooks for various real estate types including the impact of work from home on office, the impact of housing affordability on multi-residential as well as changes in industrial and retail. No discussion of real estate would be complete without also covering climate resilience and decarbonization of the sector. | |  | PANEL MODERATORAndrew Sweeney, CFA
Vice President & Portfolio Manager
PH&N Institutional | RBC Global Asset Management Inc Andrew is a portfolio manager specializing in multi-asset portfolios. He also has expertise with respect to the integration of ESG in institutional portfolios. He joined PH&N Institutional in 2007, having previously managed Canadian equity portfolios for a large, well-respected Canadian institutional asset manager. Since entering the | | investment industry in 1995, he has had analytical research responsibilities for most sectors within the Canadian equity market and, as a result, has acquired a strategic, long-term outlook on capital markets. Andrew is a member of the PH&N Management Committee and sits on the board of Chartered Professional Accountants of BC and the Investment Committee of WorkSafeBC. |
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| PANELIST
Erick Zanker, CFA
Managing Director, Alternative Investments
PH&N Institutional | RBC Global Asset Management Inc Erick is a PH&N Institutional portfolio manager specialized in alternative investments. As Managing Director of Alternative Investments for RBC GAM, he is also responsible for driving the overall development of RBC GAM’s alternative investment platform and solutions. Erick is a member of the PH&N Management Committee and sits on investment committees for both public and private market alternative investments strategies at RBC GAM. His experience prior to joining the organization in 2011 | | included positions at a global, diversified investment management firm, at a London-based hedge fund, and as the head of investment management and sales for a global private bank in Canada. | | |  | PANELIST Wendy Waters
Vice President, Research Services & Strategy
GWL Realty Advisors Wendy has over 20 years of experience in real estate research, 17 of them with GWL Realty Advisors (GWLRA). GWLRA, a wholly-owned subsidiary of Canada Life, manages the real estate investments of pension fund and institutional clients via direct investments as well as through its open-ended segregated funds. At GWLRA she
| | leads the national Research Services & Strategy team, which provides strategic analysis to support and grow the $17 Billion of real estate under management in the office, industrial, retail and multi-residential rental asset classes. The research team focuses on the economic, demographic and social drivers of real estate performance as well as capital flow and market trends that shape returns. They also provide research and analysis to support new developments, especially in the rental housing asset class (GWLRA has over 6000 units in the development pipeline including several in the Vancouver area). Wendy and her team regularly publish research at gwlra.com/research and she shares insights on panels and as a keynote speaker in Vancouver and across Canada. She is active with the Urban Land Institute (ULI) and the Urban Development Institute (UDI). Wendy has a Ph.D. in world economic history and lives in East Vancouver with her husband and two teenaged children. | | | |  | PANELIST Michel Cormier, CFA
Senior Vice President
QuadReal Property Group Michel is a Senior Vice President at QuadReal Property Group responsible for portfolio strategy, capital planning, forecasting, and performance analysis for QuadReal’s Canadian real estate portfolio. Prior to joining QuadReal in 2020, Michel worked at BentallGreenOak for 20 years, most recently as Managing Director and Associate | Portfolio Manager of the Prime Canadian Property Fund. Michel’s 25 years in the real estate industry includes experience in portfolio management, acquisitions and dispositions, asset management, research, and investor relations. Michel earned a Bachelor of Commerce, specializing in Real Estate, from UBC’s Sauder School of Business and is a CFA Charterholder. | | | |
| | When Thursday February 8, 2024
2:45 pm - 3:00 pm PT Registration
3:00 pm - 3:30 pm PT Opening Speaker
3:30 pm - 4:30 pm PT Panel Discussion
4:30 pm - 6:00 pm PT Social
| | Registration Fee EARLY BIRD RATE:
Members: $59
Non-Members: $89
Members Table of 8: $419
Non-Members Table of 8: $629
Sponsorship Credits: 3
REGULAR RATE:
Members: $79
Non-Members: $119
Members Table of 8: $549
Non-Members Table of 8: $829
*Early bird ends January 8, 2024
Are you a CFA Society Vancouver member? Click here to register. | | | | | | | | | | Where Terminal City Club
837 W Hastings St,
Vancouver, BC V6C 1B6
| | Who Should Attend: Fiduciaries, Plan Sponsors, Plan Trustees, Investment Consultants, Pension, benefit, and investment industry professionals looking to gain a better understanding of real estate as an asset class, and the general macroeconomic themes affecting the industry today.
| | | | | | | | | | CE Credit Certificates of Attendance confirming education hours will be offered, with which attendees may seek corresponding accreditation via their preferred regulatory body. | | Questions
Krista Frayn
Phone: (403) 888-3185
[email protected] | | | | | | | |
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