At RAOEurope26 last week, one of our Moderators (Will Martindale) said higher government and corporate bond yields have
changed the comparison with equities and reopened questions about the appropriate balance between public and private credit. Read more in his subsequent post

What a day. What a room. What conversations!

And this is just the beginning. With the RAO Global Network, we're taking those conversations well beyond the conference room.

Risk management may never become an asset class in the traditional sense. But the ability to understand and manage risk is becoming an increasingly important source of investment value.

Meet 19 of the key speakers taking part in RAOEurope26 - A carefully curated gathering of asset owners, managers, advisers and other influential industry participants can create opportunities that are difficult to reproduce through mass networking or digital communication alone.

The defining question is no longer simply whether investors should consider stakeholder value.

It is whether they can demonstrate that doing so creates better investment decisions, stronger institutions and more resilient long-term returns.

If nobody owns systemic risk, does EVERYBODY own part of it?

Yield is back — but so are the difficult decisions.

As public and private fixed-income markets evolve, investors are weighing duration, credit quality, default risk and liquidity against opportunities that barely existed in the low-rate era.

Fixed Income Reborn: Bonds, Defaults & Private Credit asks where investors are genuinely being rewarded for risk — and what happens when the cycle turns.

Read the full article →

RAOEurope26 - Oct 29th is where we find out.

Could pension reform become a catalyst for UK growth? We explore how long-term capital, infrastructure investment and stronger capital markets could combine to turn policy ambition into compelling investment opportunity.

Demographics, debt, AI, geopolitics and the energy transition are reshaping the investment landscape simultaneously. We examine what their convergence could mean for institutional investors — and the decisions long-term capital needs to make now.

Not every technology will succeed.

Not every reactor design will survive.

But few investors want to miss what could become one of the largest infrastructure investment opportunities of the next thirty years.

New infrastructure and old infrastructure are connected.

Transition investment and decommissioning are connected.

Pension reform and productive finance are connected.

Environmental remediation and economic regeneration are connected.

The institutions that understand those connections may find opportunities others overlook.

Financial markets do not merely respond to the future. Through the allocation of capital they help create it.

That responsibility demands more than intelligence and experience. It demands courage.

The market does not need more people repeating yesterday's arguments. It needs organisations willing to challenge assumptions, connect previously disparate conversations and ask difficult questions about where capital should be flow next.

What keeps CIOs awake at night?

Perhaps the answer is:

almost everything.

Because in an increasingly fragmented world, yesterday's certainties may not always provide tomorrow's answers.

Markets are ultimately collections of people, and people are influenced by psychology as much as spreadsheets.

Insurance has traditionally been viewed as an operational consideration rather than an investment one.

That distinction is becoming harder to maintain.

Responsible capital allocation
The debate around sustainable investing has evolved considerably.
The focus today is less about labels and more about practical capital allocation.

Sustainability is snapping back because the world that made it relevant has not gone away.
If anything, it has become more complex, more urgent and more investable.

The message is not to stop talking about sustainability but to do it better.
When climate change changes the game.