|
Day One, Wednesday 27 February 2008
|
08.00 | Registration & Coffee
|
08.50 | Chairman’s opening remarks |
| | Mr Richard Kang, Independent Investment & Risk Consultant and Contributing Writer, TheBetaBrief.com
|
| GLOBAL DEVELOPMENTS & REGIONAL TRENDS |
|
09.00 | Keynote Economic Address - Identifying key global economic trends and the drivers to the bull run of the Asian financial markets
- Assessing current macro-economic and business conditions across USA, Europe and Asia
- Evaluating geopolitical risks, business climates and other behavioural factors that influence and drive financial markets
- Analysing how Asia’s gaining economic importance will attract more investors into its financial markets and identifying the key market to look out for in 2008
- Exploring new investment trends and their potential, and how to benefit from these trends to create a winning edge in the competitive financial landscape
- Identifying the investment strategies to avoid and the strategies to invest in 2008
|
| |
|
09.30 | Keynote ETF Global Outlook - Examining the growth of ETF investments globally and understanding why the trend is only picking up in Asia
- Assessing the current status of the industry: market size, geography, growth of strategies, sectors and industries
- Summarising past performances, analysing ETF developments and evaluating future movements of ETFs globally and in Asia
- Reviewing the delay of ETF growth in Asia and what causes the escalating interest now?
- Understanding UCITS III and the implications on ETFs
- Crystal ball: What will be the upcoming trends in ETFs?
|
| | Ms Deborah Fuhr, Managing Director & Head of ETF Investments, Morgan Stanley
|
10.00 | Keynote Index Global Outlook - Asian Index investment as part of the global alpha beta separation
- Analysing the impact of alpha beta separation on the ETF environment
- Evaluating Index based investment trend and assessing how sustainable is this trend
- The strengthening link between the Index and the ETF
- Comparing and contrasting global Indexing and Asian Indexing practices
- Crystal ball: Projecting industry trends to assess how the Index industry could look like 10 years from now
|
| | Mr Fergus Lynch, Global Head of Index Development and Markets Research, Deutsche Bank
|
10.30 | Coffee & Networking Reception
|
| THE SUCCESS OF THE ASIAN FINANCIAL MARKETS |
|
11.00 | The role and growth of ETFs in Asia and the benefits to
investors of this invesment revolution
- Uncovering Asia’s market potential for ETF growth
- Assessing the market demands for this growing asset class and how best to meet it
- Examining policy and regulatory developments in Asia and
the effects on ETFs
- How Asian investors can use ETFs effectively in portfolios
|
| | Jane Leung, Head of i-Shares, Asia ex-Japan, Barclays Global Investors
|
11.30 | Panel Discussion - Developing as the financial hub of Asia by structuring the next sophisticated product
- Understanding the market’s regulatory conditions, policy environment and the business demand of Index and ETF
- Grasping the rudiments of ETF and the elements of launching an ETF successfully
- Establishing the methodology of constructing the ideal index to maximise returns and reduce risks
- Reviewing performance benchmark and staying ahead in this dynamic industry
|
| | Mr Steve Tse, Director of Research, Celestial Asia Securities
|
12.15 | Lunch & Networking Break
|
| BEST PRACTICES IN ASIA’S EMERGING MARKETS |
|
13.30 | Case Study - Analysing business opportunities in the Chinese market
- An in-depth of the China market analysis
- Understanding QDII and examining its development
- Preparing for QDII and ensuring that you meet the criteria
|
| | Mr Norman Yen, Managing Director (Xinhua FTSE Index), Xinhua Finance
|
14.00 | Panel Discussion - Identifying the unrivalled investment opportunities in Asia’s emerging markets
- Indonesia: Reviewing the opportunities of close-end funds (CEF) and when can Indonesian players have a taste of ETFs?
- Korea: Analysing potential investment opportunities and developing new products for international investors
- Vietnam: Evaluating the opportunities and challenges for capital investments in Asia’s new financial market
- Thailand: Assessing the market and political conditions for launching and investing in ETFs
- Malaysia: With a strong growing economy, immense supply of raw materials and civilising infrastructure, boundless opportunities awaits you
- Taiwan: Examining the prospects of ETFs for offshore players
|
| | Mr Joo Young Yun, Head of Index Management Team, Alternative Investment Division, Woori Credit Suisse Asset Management Ms Kim Trinh Nguyen, Chief of Financial Analysis Officer, Bienviet Securities Joint Stock Exchange
|
15.00 | Speed networking
A Terrapinn innovation, this is the revolutionary, exciting, quick and
non- pressured way to meet fellow conference delegates and industry
peers in one 30-min session. These brief meetings are the starting point for conversation and networking throughout the conference. This is where long-lasting and profitable business relationships begin.
|
15.30 | Afternoon Refreshments & Networking Break
|
15.31 | THE NUTS & BOLTS OF YOUR INVESTMENT STRATEGY
|
16.00 | New era of global style index
- How to establish “global style index” from the global
market point of view
- Introducing new methodology of style indexes
- Global approach vs country approach
|
| |
|
16.30 | Establishing innovative practices in asset allocation and
portfolio construction in Asia, and achieving your financial objectives
- Analysing recent trends in global asset allocation and portfolio management
- Examining the implications for structuring global portfolios Comparing the advantages and disadvantages of using market-cap weighted Indexes and ETFs
- Evaluating the use of enhanced Indexing and other techniques to improve the risk return profiles of global portfolios
|
| |
|
17.00 | Cocktails & Networking Party
|
|
Day Two, Thursday 28 February 2008
|
08.50 | Chairman’s opening remarks |
| |
|
| NEW DEVELOPMENTS IN THE INDEXING & ETFs ARENA |
|
09.00 | Innovative strategies using ETFs: 130/30, portable alpha
and portable beta
- Analysing how investors can benefit from a diversified portfolio including elements of alternatives within portable alpha
- Reviewing the difference between alpha and beta, and the developments within portable alpha and portable beta
- Absolute returns? Market neutrality and beta neutrality?
- Alpha extension: looking at enhanced Indexing and the rise of 130/30
- Where are active managers sourcing portable alpha? What is hot and what is not?
|
| | Mr Richard Kang, Independent Investment & Risk Consultant and Contributing Writer, TheBetaBrief.com
|
09.30 | Special Address - Deciphering the hype of fundamental weighted indexing and how does fundamental indexing excite investors
- Comparing the new fundamental way of indexing to the traditional market-weighted indexing: which is better?
- Assessing the popularity of fundamental indexing in USA and the effects in Asia
- Examining the benefits of adopting fundamental indexing and evaluating the potential risks
- Ascertaining the benchmarks to measure a fundamental index
- Fundamental indexing vs. active management and will fundamental indexes be the gateways to active ETFs?
- Will enhanced indexing become the new indexing paradigm?
|
| | Mr Jason C. Hsu, Principal and Director, Research and Investment Management, Research Affiliates LLC
|
10.00 | Innovative developments in indices: A look at thematic
indices
- Gaining entry into the responsible and ethical investment market through Shariah and Islamic indices
- Exposing yourself to a wealth of opportunities through commodities
- Real estate indices: Investing in the rising property in Asia
|
| | Danièle Tohme Adet, Head of Business Development, ETF and Indexed Funds BNP Paribas AM Co Head of the Easy ETF Platform, BNP Paribas Asset Management
|
10.30 | Coffee & Networking Reception
|
| SPOTLIGHT ON INDEXING & ETF OPPORTUNITIES |
|
11.00 | Looking into the prospect of equities in Asia
- Assessing investment opportunities in Asian indices via ETFs and certificates
- Utilising indices to gain exposure to the international equity markets
- Managing emerging market risk and quantifying the geographical exposure
|
| | Mr Delvin Tan, Director, Private Investor Products, Global Markets , ABN AMRO Bank
|
11.30 | The phenomenon of fixed income indexing
- Incorporating fixed income indices into your portfolio and maximising returns through the use of enhanced fixed income indexing
- Utilising an index effectively to track your fixed income portfolio
- Analysing the advantages of fixed income index-based ETFs
- Implementing hybrid strategies and evaluating its performance
|
| | Mr Ronald Ryan, Chief Executive Officer and Chief Financial Architect, Ryan ALM, Inc.
|
12.00 | Analysing the rise in popularity of hedge fund indices in
Asia
- Examining the market trends of this alternative product
- Assessing the benefits of implementing hedge fund indices into your portfolio
- Looking at investable hedge fund indices and exploring its opportunities
|
| |
|
12.30 | Lunch & Networking Break
|
| ACROSS THE BOARD: STRAIGHT TALK WITH INVESTORS &
PRIVATE BANKS |
|
13.30 | Case Study - Examining why institutional investors are allocating ETFs into their portfolio
- Understanding why government funds are looking to adopt this new investment strategy and how to implement this effectively
- Examining the strategies to successfully create alpha
- Obtaining liquidity and exposure from the most efficient way
- Mitigating risks through ETFs
|
| |
|
14.00 | Panel Discussion - The private bank’s perspectives on utilising ETFs in a HNW’s portfolio
- Using ETFs for clients’ portfolio. How does this work?
- Analysing private bank’s motivation in adopting ETFs – performance or fees
- When do you index? Assessing the surrounding factors and drivers for this implementation
- Understanding clients’ thoughts towards index and ETF – evaluating which they prefer and why
|
| | Mr Tuck Meng Yee, Senior Vice President, Managed Investments, Asia Pacific and Middle East, Citi Global Wealth Management Leslie Phang, Head of Investments, Asia, Commonwealth Bank of Australia
|
14.45 | Interactive Round Table Discussions
5 round table focus discussion with specialist speakers on the following subjects:
Table 1 – Country assessment: What will be the winner in Asia in 2008 – China, India, Japan or other?
Moderator:
Mark Jolley
Chief Asian Strategist
Deutsche Bank, Hong Kong
Table 2 – The next wave of ETF products: Pharmaceutical, water, diamonds
Moderator:
Marie Pierre Ravoteur
Co-Head of ETF Development
AXA Investment Managers, France
Table 3 – Looking into the new paradigm of indexing
Moderator:
Angelina Choo
Director
Standard & Poor’s, Singapore
Table 4 – Index vs. ETF
Moderator: Kevin Bourne
Managing Director, Global Head of eEquities
HSBC, UK
Table 5 – Looking beyond gold ETF: What are the upcoming movements for silver and oil?
Moderator:
Daniele Tohme-Adet
Head of ETFs
BNP Paribas Asset Management, France
|
15.15 | Afternoon Refreshments & Networking Break
|
| ACHIEVING TRANSPARENCY, LIQUIDITY & REVIEWING PERFORMANCE |
|
15.45 | Active vs. Passive - Balancing the scale of active and passive management
- Reviewing the benefits and risks associate with each style
- Looking into the potential of active or passive management to maximise your portfolio’s success
- How does active management maintain disclosure and transparency?
|
| |
|
16.15 | Mutual funds vs. ETFs - The fight between mutual funds and ETFs. Cast your vote!
- Defining mutual funds and ETFs: Looking at the similarities and differences
- Evaluating the performance of a mutual fund portfolio and comparing to an ETF portfolio
- If mutual funds start to incorporate fees, what are its draw factors to retain and attract investors?
- In the bad light: Why are liquidity issues for ETFs so negative?
- Comparing the advantages and risks of both mutual funds and ETFs
|
| |
|
16.45 | Chairman’s closing remarks
|
17.00 | Close of conference
|
|
Post-conference Masterclass, Friday 29 February 2008
|
09.00 | Adopting best practices of Indexes and ETFs in asset allocation, asset management and performance measurement
This workshop will explore in depth how to best use Indexes and ETFs in every key phase of the Asset process (Asset Allocation, Asset Management, Performance Measurement). Indexes tend to dictate
the risk/reward behavior of assets. It is critical that investment managers understand the pros and cons of key index benchmarks as well as the future of index development. ETFs will be discussed in
detail as the future core of Asset Management and the key to successful Tactical Asset Allocation. New ETF strategies will be examined as to their usefulness.
Participants will gain:
- a better understanding of Index methodologies
- a thorough measurement of the risk/reward merits of indexes &
ETFs
- innovative ways to use ETFs as an asset strategy
- knowledge of Custom Liability Indexes as the proper benchmark
for LDI
- a unique insight into the power of prudent Tactical Asset Allocation
Topics:
Indexes and ETFs: Pros and Cons
- It’s an Index World... It will be an ETF world
- What makes for a good index and a good ETF
- Wrong Index = Wrong Risk/Reward
- Custom Liability Indexes as the proper benchmark for LDI
- How to measure the Intrinsic Value of any Index Ö any ETF
- Fundamental indexing ETFs
How Indexes and ETFs Affect Asset Allocation
- Tactical vs. Strategic Asset Allocation
- Usually accounts for over 95% of client total return
- How ETFs play a major role in Asset Allocation Asset Management Strategies with ETFs
- Portable Alpha strategies (Beta vs. Alpha portfolios)
- Enhanced Index Fund strategies thru ETFs
- Tactical Asset Allocation implementation thru ETFs
- ETFs as the Transition asset portfolio
How to use Indexes and ETFs for LDI Strategies
- Client objective requires Custom Liability Index
- Beta portfolio = Liability Index Fund
- Alpha portfolios (ETFs) based on assets vs. liabilities
How to Enhance Performance Measurement
- Errors in Tracking error
- The Information Ratio as the key measurement
- Beware of using Sharpe Ratio incorrectly
- Where is the client objective?
Masterclass led by: |
| | Mr Ronald Ryan, Chief Executive Officer and Chief Financial Architect, Ryan ALM, Inc.
|
