2021 Virtual Closed-End Fund Conference

2021 Closed-End Fund Virtual Conference Program

November 9 and 10

Preliminary Program

All program times are in shown in eastern time (ET).

Tuesday, November 9 | Wednesday, November 10

November 9
 

Noon–12:50 p.m.

Sponsored Thought Leadership sessions
  • Calamos

    Providing Investment Solutions and Optimizing the Shareholder Experience for CEF Clients

  • Stradley Ronon

    The Leverage Landscape and Activist Defense Shoreline: Popular Destinations on the Closed-End Map
     

1:00–1:05 p.m.

Welcoming Remarks
 

1:05–1:35 p.m.

Keynote Address
 

1:35–2:25 p.m.

Trends in Shareholder Activist Strategies and Closed-End Fund Defenses

Recent state court decisions on closed-end fund defensive tactics have caused some closed-end funds to reevaluate their approach to activist investors. This panel will analyze those court decisions and other recent developments, and explore measures that closed-end funds and their boards can take upon learning that they are the targets of an activist.
 

2:25–2:45 p.m.

Sponsored Coffee Break
Nuveen

Capital Markets: Leveraging ETF Expertise to Benefit Closed-End Funds
 

2:45–3:35 p.m.

After the IPO: Secondary Market Trading of Closed-End Funds

This year has brought narrower closed-end fund discounts and, in some cases, large premiums. This panel will review recent closed-end fund market trends. It will offer insights on how closed-end funds are attempting to improve the trading of their shares, and will discuss how closed-end funds can take advantage of the uncommon market environment to raise capital.
 


November 10
 

Noon–12:50 p.m.

Sponsored Thought Leadership sessions
  • Dechert

    Cryptocurrency and Blockchain Developments for Closed-End Funds
     

1:00–1:05 p.m.

Welcoming Remarks
 

1:05–1:40 p.m.

Closed-End Fund Renaissance? Primary Market Considerations

Through August, closed-end fund IPOs have raised more capital than through all of last year, and are on track to raise more than in any year over the last decade. What is the reason for the market resurgence? And how can closed-end fund sponsors continue to stand out with unique products that provide attractive benefits for investors?
 

1:40–2:10 p.m.

Primary Market/Product Development: ESG Funds

Interest in environmental, social, and governance (ESG) strategies continues to gain momentum. Is there a place for these strategies in a closed-end fund wrapper? What should fund shops know about ESG funds? This mini panel will explore some of the basic issues sponsors have had to deal with when incorporating ESG principles within their funds.
 

2:10–2:40 p.m.

Primary Market/Product Development: Unlisted Closed-End Funds

The unlisted closed-end fund market has grown significantly over the last three years. This mini panel will discuss some common trends, considerations, and issues for fund sponsors that are in the market or looking to enter it.
 

2:40–3:00 p.m.

Sponsored Coffee Break 
Faegre Drinker Biddle & Reath

ESG Investment Product Disclosure and Treatment of ESG Investment Products Under the Names Rule
 

3:00–3:45 p.m.

Closed-End Fund Regulatory Update

Closed-end funds are in the midst of implementing changes in response to the bevy of new rules that the SEC recently adopted. The SEC and legislators, however, have not slowed their regulatory or legislative agenda. This panel will discuss current implementation issues, some unforeseen, that closed-end funds are grappling with today, ongoing regulatory challenges, and new developments on the agency and legislative front.