

WOA Shanghai Presents… Principles of Asset Allocation: Where Theories Come Alive
Alison Zhao and Nicole Su will open the conversation on allocation philosophy and long-term thinking — examining how a practitioner's principles are forged and tested in conditions the textbooks never anticipated. Shinya Deguchi will then make the case that David Swensen's lineage of the endowment approach is very much alive, but that inheriting it faithfully means having the introspection to evolve it - and that the lineage only survives through those willing to question it.
Event Details
📅 Date: Wednesday, August 19, 2026
🕓 Time: 3:45 PM – 6:00 PM
🥂 Happy Hour & Networking: From 6:00 PM onwards
📍 Location: Shanghai (details will be shared with confirmed participants)
Agenda
3:45 PM – 4:00 PM Registration
4:00 PM – 5:00 PM Fireside Chat with Alison Zhao & Nicole Su
The Art of Asset Allocation: Philosophy & Long-Term Thinking
5:00 PM – 5:30 PM Presentation by Shinya Deguchi
David Swensen is Dead; Long Live the Endowment Approach!
5:30 PM – 6:00 PM Q&A and Interactive Discussion
6:00 PM onwards Happy Hour & Networking
Speakers
🎤 Alison Zhao, Founder & Principal, Nine River Capital 🎤 Shinya Deguchi, Star Magnolia Capital 🎙 Moderator: Nicole Su, Chair of the Board, WOA
Limited seats available. This event is exclusively for WOA members and invited guests.