Mercer Short Duration Fixed Income Fund Class Y-3 · NASDAQ:MSDYX
Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer — Mercer Investment Solutions webinar (April 2020)
15 slides from Mercer Short Duration Fixed Income Fund Class Y-3's conference presentation, Apr 2, 2020
Slide 1: The investment implications of COVID 19
@@ MERCER The investment implications of COVID 19 Investment Solutions webinar 2 April 2020 Rupert Watson Head of Dynamic Asset Allocation Deb Wardle Portfolio Manager, Alternatives Garvan McCarthy Head of Alternatives Europe
Slide 2: Novel Coronavirus Daily Cases
Novel Coronavirus Daily Cases Italian cases may have peaked. US cases surge and may be under-reported Daily New Cases Daily New Cases Cases per Day Cases per Day Data as of 0:00 GMT+0 Data as of 0:00 GMT+0 sok 8k Hl 9 25k 6 2 6 a 20k & A 4k Usk Hy £ lox 8 2k 3 - il 2 Se wnlllt Cn alll Ho AD ppt Po $
Slide 3: Central bank statements on monetary policy and credit
Wherever... credit is not flowing, we have the ability in these unique circumstances to temporarily step in and provide those loans and we will keep doing that, aggressively and forthrightly. Fed Chair Powell (26.3) In the current circumstances….monetary policy is aimed at guarding against an unwarr
Slide 4: Equities make some losses. Bonds perform well as central banks step in
Equities make some losses. Bonds perform well as central banks step in and stabilise
Slide 5: Hedge fund impacts
Hedge fund impacts oa It’s beena challenging few weeks and months for global financial markets... @% MERCER ... but we believe diversification is holding up well
Slide 6: Investing in hedge funds
Investing in hedge funds Theory vs. practise Summary: liquid alternatives Supporting the portfolios can provide an importance of diversification important cushion to equity and the need for robust portfolio market losses construction @% MERCER
Slide 7: Challenges
Challenges Setting expectations about, and understanding how your allocations should react in different market environments is important
Slide 8: Dislocations could create strong opportunities
Slide 9: Private Markets Impacts
Private Markets Impacts Unlisted Private Assets @% MERCER Maximum Valuation Correction in 2008-2009 Valuation correction Private Equity vs. Public Equity (2008-09) % Private Equity MSCI World TR Source: Preqin -, Maximum drawdown shown is maximum valuation correction for period of 09/2008 to 09/2009
Slide 10: Private Markets Impacts
Private Markets Impacts North American buyout fundraising vs. returns by vintage year ($Bn vs. IRR) for mature funds $Bn 180 Global financial crisis Internet bubble bursts 160 140 100 40 20 | [| (0) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 @ Fundraising @
Slide 11: Private Markets Impacts
Private Markets Impacts Net IRRs by vintage year for mature North American buyout funds Yo 35 30 25 20 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 @ Top quartile @ Median @ Bottom quartile @% MERCER
Slide 12: Private Markets Impacts
Private Markets Impacts Existing portfolios New Investments Opportunity Knocks @% MERCER Copyright © 2020 Mercer (US) Inc. All rights reserved 12
Slide 13: * MERCER Copyright All rights reserved.
2 * MERCER Copyright © 2020 Mercer (US) Inc. All rights reserved. 13
Slide 14: Thank you
Thank you For further information and materials, plea Please send us any questions by email to MercerlnvestmentSolutions@mercer.com &* MERCER Copyright © 2020 Mercer (US) Inc. All rights reserved.
Slide 15: Important information
@e MERCER Important information - This material is intended only for institutional investors. © 2020 Mercer. All rights reserved. This contains confidential and proprietary information of Mercer and is intended for the exclusive use of the parties to whom it was provided by Mercer. Its content may n
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