AGENDA DAY 2
Wealth Symposium 2026 | Victoria
08:45
WELCOME BACK
H&B Chairperson
09:00
THE TANGIBLE PREMIUM | PRICING PRIVATE INFRASTRUCTURE
If inflation remains sticky, credit spreads remain narrow and public markets stay volatile, where do you anchor a portfolio for consistent returns?
The case for owning real assets has shifted from a cyclical hedge to a structural necessity and this session is an exploration in how infrastructure can be the ultimate portfolio ballast. We examine how global assets provide defensive, inflation linked cash flows insulated from public market turbulence. A discussion on how to leverage infrastructure to protect purchasing power, capturing stable, compounding income in an inherently unstable macroeconomic regime.
SPEAKER:
Jeremy Anagnos, Chief Investment Officer | Listed Infrastructure, CBRE Investment Management
SPEAKERS
Wealth Symposium 2026 | VIC Day 2
Jeremy Anagnos
Chief Investment Officer | Listed Infrastructure
CBRE Investment Management
Jeremy is a member of the CBRE Investment Management Senior Leadership Council and the Listed Real Assets Management Committee.
Jeremy is the architect and lead Portfolio Manager of the listed infrastructure strategies, including the flagship global strategy and the sustainable strategy. He has overseen the growth of the strategies, raising capital for listed infrastructure assets across multiple channels including retail, high net worth, and institutional. Jeremy also has led the development of real asset products at CBRE, including the launch of the UBS CBRE Global Real Assets Fund in Australia, a hybrid listed and unlisted fund investing in both real estate and infrastructure.
Prior to the merger with ING’s listed real assets business in 2011, Jeremy served as Co-Chief Investment Officer of the firm’s securities team, responsible for portfolio management of global real estate securities separate accounts and funds.
Jeremy was a founder of the securities group at CBRE and managed the global 28-member investment and operations team.
Jeremy began his career in the real estate industry in 1997. During his career, Jeremy has worked in various management and research positions in the real estate industry with LaSalle Investment Management in Baltimore/Amsterdam and Deutsche Bank in London.
Jeremy earned a Bachelor of Science in Finance from Boston College.
10:00
INSTINCT MEETS OPTIMISATION | DIFFERENT PATHS, SAME DESTINATION
Do markets reward human judgment or quantitative rigor, or does the answer matter less than we think?
This session unites two distinct global equity philosophies where one relies on deep fundamental research and experienced judgment to unearth mispriced quality. While the other harnesses datasets and disciplined execution to exploit behavioral patterns and removing human biases. We explore how these approaches interpret today’s concentrated market, discovering where human insight and systematic precision complement each other to drive sustainable alpha.
SPEAKERS:
Matt Reynolds, Equity Investment Director, Capital Group
Subash Pillai, Investment Solutions, Franklin Templeton
Duncan Smith, General Manager Client Relationships, JANA Investment Advisors
SPEAKERS
Wealth Symposium 2026 | VIC Day 2
Matt Reynolds
Equity Investment Director
Capital Group
Matt has 33 years of investment industry experience and has been with Capital Group for seven years.
Prior to joining Capital, Matt worked as head of Australian equities at Colonial First State Global Asset Management. He holds a bachelor’s degree in economics from The University of Sydney. He also holds the Chartered Financial Analyst® designation. Matt is based in Sydney.
Subash Pillai
Investment Solutions
Franklin Templeton
Subash Pillai leads Franklin Templeton’s Solutions Business in APAC and has been with the firm since 2018.
Subash has responsibility for developing multi-asset, multi-manager, and objectives-based investment portfolios for clients across the region. Subash engages with official institutions, pension managers, banks, and intermediary clients to develop customized solutions across traditional and alternative investments to meet specific client objectives, supported by our Solutions Portfolio Managers and investment research team across the region. Working with Portfolio Management and Investment research teams worldwide, Subash oversees the investment decision making process within APAC and serves as lead portfolio manager for several client accounts and Franklin Templeton Funds. He is a member of the Investment Strategy and Research Committee and the Policy Portfolio Positioning Group.
Prior to joining Franklin Templeton in 2018, Subash worked for 18 years at Goldman Sachs. He was responsible for Goldman Sachs Asset Management, fixed income and multi-asset business in Australia, as well as the global liquidity business across APAC. He led macroeconomic analysis for Australia and New Zealand, informing rates and currency risk-taking activities, and worked extensively with institutional, government, corporate and intermediary clients across APAC.
Subash holds bachelor degrees in commerce (hons) and arts from Monash University, and an MBA from the Melbourne Business School at the University of Melbourne.
Duncan Smith
General Manager Client Relationships
JANA Investment Advisors
Duncan is responsible for ensuring JANA’s high standards of services are consistently delivered to all clients, including achieving optimal client investment outcomes.
Since 2007, Duncan has been the lead consultant for clients across multiple client segments. Duncan has held several roles during his time at JANA including Head of Consulting, a senior member within the Australian Equities Research Team, former Head of Property Research Team and a member of the JANA Research Committee.
Before joining JANA in 2007, Duncan spent 12 years with the NAB Superannuation Fund as Assistant Fund Secretary and Finance Manager. Through Duncan’s role at JANA and previous employment he has also held positions on Investment Committees and Advisory Boards.
Duncan has a Graduate Diploma in Applied Finance & Investments, Graduate Diploma in Financial Planning and a Bachelor of Business. Duncan is also a Fellow of the FINSIA and a member of CPA.
10:50
MORNING TEA
11:20
WHO PAYS FOR THE CLOUD? | INVESTING BEYOND THE AI HYPE
How do allocators capture the structural tailwinds of AI and cloud computing without being left holding the technological and execution risk?
As the digital infrastructure boom demands massive capital, this session explores the risks behind the opportunity, from technological obsolescence and construction and refinancing risk to the uncertainty around contracted revenues and residual values. Our speaker unpacks how disciplined credit selection, bespoke structuring and stringent downside protection capture genuine value beyond the AI hype.
SPEAKER:
Chia-Wen Teoh, Head of Alternative Sales, Asia, PIMCO
SPEAKERS
Wealth Symposium 2026 | VIC Day 2
Chia-Wen Teoh
Head of Alternative Sales
Asia, PIMCO
Chia-Wen (CW) Teoh is a Senior Vice President, based in the Hong Kong office. Prior to joining PIMCO in 2022, CW was senior vice president and real estate product specialist at Macquarie Asset Management, responsible for development and distribution of private markets real estate products to Asia-based clients. Previously, he was an executive director in UBS Investment Bank’s real estate, lodging, and leisure team, and vice-president in Macquarie Capital’s real estate investment banking team, focusing on corporate client advisory in Asia. He has 18 years of investment and financial services experience and holds undergraduate degrees in economics and chemical engineering from the University of California at Berkeley.
12:20
DEMOGRAPHICS AS DESTINY
As Australia evolves from a regional outpost to a genuine middle power, the Great Australian Dream seems to be changing. This session examines the demographic forces driving our maturation, from infrastructure booms to shifting global trade. We move beyond macro trends to address two defining anxieties: how your kids can buy their first property in a surging market and whether AI is going to replace all their jobs.
SPEAKER:
Simon Kuestenmacher, Director of Research, The Demographics Group
SPEAKERS
Wealth Symposium 2026 | VIC Day 2
Simon Kuestenmacher
Director of Research
The Demographics Group
Simon is also Co-founder of The Demographics Group and he presents on demographic and global trends that are shaping Australia today and into the future.
Simon is a columnist for The New Daily newspaper, a monthly columnist for The Australian newspaper; and he is a media commentator on demographic and data matters.
In his spare time Simon has authored three books on maps and runs what is by now the world’s largest Twitter account dedicated to maps and data. His social media posts reach over 25 million people every month. Simon ranks as one of the world’s top 10 influencers in data.