Book now
Day 1
Day One: Thursday 6th May 2010
Day One- Stream 1 | Day One - Stream 2
8.30 Registration and refreshments
8.40 Welcome remarks: STRUCTURED PRODUCTS MAGAZINE
8.50 OPENING ADDRESS: Implications of regulatory reform across the
United States
• The role of the regulator moving forward
• How will regulatory changes affect distributors and investors in 2010?
• FINRA initiatives for fiduciary standards
Richard Vagnoni, Senior Market Analyst, FINANCIAL INDUSTRY REGULATORY
AUTHORITY (FINRA)
9.20 Alternative & uncorrelated investment solutions: Investing
in commodities and access to volatility
• 2009 saw $70bn of new commodities inflows, where are we so far in
2010? Where are the new opportunities?
• Portfolio diversification: optimizing roll yield via enhanced betas
• Managing portfolio risk through a tactical volatility allocation
Kristen Chatterjee, Vice President, Commodities Investor Structuring,
BARCLAYS CAPITAL
Matthew Fleming, Director, Investor Solutions, BARCLAYS CAPITAL
10.00 Roundtable discussion: Shifts in market interest and seizing
opportunities for 2010
• Assessing the product demand of institutional, private and retail
clients in today’s environment
• The evolving relationship between issuers and distributors
• Credit risk aversion and its impact on investor demand
• How will transparency and liquidity assist the further development of ETNs?
• Lessons learned- what are the best ways to make structured products appealing
to retail clients?
Moderator: Keith Styrcula, Chairman, STRUCTURED PRODUCTS
ASSOCIATION
John Farrall, Senior Vice President and Director, Derivatives Strategies
Group, PNC WEALTH MANAGEMENT
Dayna Kleinman, First Vice President, Fixed Income and Structured
Products Consultant, ROBERT W.BAIRD
Kelly Treseder, Managing Director, COHEN AND COMPANY
Tom Balcom, Founder, IBIS WEALTH MANAGEMENT LLC
Steve Peters, Senior Vice President, Structured Products, JVB
FINANCIAL
10.40 Morning break
Day One : Stream 1
Chairman: Keith Styrcula, Chairman, STRUCTURED PRODUCTS ASSOCIATION
11.00 Portfolio hedging and tail risk management
• Approach using an equity volatility strategy
• Approach using FX volatility and managed futures
Remy Marino, Director, ICG Foreign Exchange and
Head of Alternative Product Sales, DEUTSCHE BANK
Erick Goralski, Director, Head of US Retail Structured Products,
DEUTSCHE BANK
11.40 Practical challenges with structured notes and exotics
valuation
• Buy side versus sell side quality
• Designing a consistent process for accurate valuation
• Fair value versus risk neutral valuation
• The weight of market practices
Rachid Lassoued, Global Head of Financial Engineering, BLOOMBERG
12.20 Lunch and the opportunity to visit the exhibition
13.20
NEW FOR 2010: Interactive and intensive bite-size learning sessions
Four x fifteen minute group learning sessions where a leading
practitioner answers the questions posed below. Session leaders rotate to each
group; the opportunity to ask questions and discuss issues with group peers is
embedded within the session.
LEARNING GROUP 1: Can the functionality of structured products be
reproduced in an ETF format? What can ETFs do that structured products can’t?
Session leader:Lloyd Davis Raines, First Vice President, RBC
WEALTH MANAGEMENT
LEARNING GROUP 2: How can you measure overall risk in a portfolio of
structured products?
Session leader: Tim Mortimer, Managing Director, FUTURE VALUE
CONSULTANTS
LEARNING GROUP 3: Is the structured products world better or worse
after the crisis? The view from Europe
Session leader: Jean Marc Michelet, Chief Executive Officer,
EURINVEST PARTNERS
LEARNING GROUP 4: How have investors’ needs changed and what is the
best way to reintroduce structured products to risk-averse clients?
Session leader: Matt Ginsburg, Managing Director, WELLS FARGO
BANK
14.30 Interactive business networking session: giving delegates the opportunity to meet everyone in an organised setting
15.00 Afternoon break
15.20 Innovations in indexing
• New indexes for new investment risks - inflation, volatility and asset
allocation solutions
• Managing the dividend risk in structured products via listed derivatives
• Structurers & index providers - compete or collaborate?
Srikant Dash, Vice President- Index Research and Design, STANDARD &
POOR’S
16.00 Counterparty risk and product ratings
• How is the buy side overcoming counterparty risk concerns?
• Diversifying client credit risk through open architecture
• Funding and liquidity in the award process is a must
• “Trust but verify” on underlyings baskets versus note pricing
• There are no silver bullets
John Farrall, Senior Vice President and Director, Derivatives Strategies
Group, PNC WEALTH MANAGEMENT
Todd Rongaus, Vice President and Director, PNC WEALTH
MANAGEMENT
Rob Gonci, Senior Vice President and Managing Director,
Investments/Derivatives, PNC WEALTH MANAGEMENT
16.40 Roundtable discussion: Inflation versus deflation
• Implications of the risk of deflation
• How are investors responding to this?
• What impact is it having on the structured products market?
• Increased interest in commodity and currency linked structured products
Moderator: Keith Styrcula, Chairman, STRUCTURED PRODUCTS ASSOCIATION
Adam Friedman, Vice President, Structured Products, INCAPITAL
Eric Glicksman, Head of Structured Products, UBS WEALTH
MANAGEMENT AMERICAS
Fred Magnamini, Director of Derivative Products, EAM PARTNERS
Day One: Stream 2
Chairmen: Dean Klevan, President and Chief Executive Officer, THE INTERNATIONAL SEAKEEPERS SOCIETY and Joseph Nader, Chief Investment Officer, CORAL GABLES TRUST
11.00 Structured products in Latin America: forecast for the coming
year
• Update on Latin America over the past year: where do we go from here?
• Local product developments
• The impact of ETFs and other derivatives products in Latin America
Rodrigo Covian, Senior Trader, Fixed Income, BULLTICK CAPITAL
MARKETS
11.40 Panel discussion: ETFs vs ETNs
• Which methodology should advisors select?
• Which is more beneficial for portfolio diversification?
• Are ETNs an answer to the call for investor concerns over the financial
strength of issuers?
• A closer look at the risks and returns
Moderator: Vinny Catalano, President and Global Investment Strategist,
BLUE MARBLE RESEARCH
Suzanne Hamilton, Founder and President, LEGACY CAPITAL FUND LP
Lloyd Davis Raines, First Vice President, RBC WEALTH MANAGEMENT
12.20 Lunch and the opportunity to visit the exhibition
13.20
NEW FOR 2010: Interactive and intensive bite-size learning
sessions
Four x fifteen minute group learning sessions where a leading practitioner
answers the questions posed below. Session leaders rotate to each group; the
opportunity to ask questions and discuss issues with group peers is embedded
within the session.
LEARNING GROUP 1: Can the functionality of structured products be
reproduced in an ETF format? What can ETFs do that structured products can’t?
Session leader: Lloyd Davis Raines, First Vice President, RBC
WEALTH MANAGEMENT
LEARNING GROUP 2: How can you measure overall risk in a portfolio of
structured products?
Session leader: Tim Mortimer, Managing Director, FUTURE VALUE
CONSULTANTS
LEARNING GROUP 3: Is the structured products world better or worse
after the crisis? The view from Europe
Session leader: Jean Marc Michelet, Chief Executive Officer, EURINVEST
PARTNERS
LEARNING GROUP 4: How have investors’ needs changed and what is the
best way to reintroduce structured products to risk-averse clients?
Session leader: Matt Ginsburg, Managing Director, WELLS FARGO
BANK
14.30 Interactive business networking session: giving delegates the opportunity to meet everyone in an organised setting
15.00 Afternoon break
15.20 Structured products for High Net Worth investors
• Key factors to consider in designing and implementing solutions for
HNW investors
• Case studies to illustrate how structured products are used successfully by
HNW investors in their portfolio
Mitchell D Eichen, Chief Executive Officer, THE MDE GROUP
16.00 Successfully positioning structured products in an advisor’s
practice
• Product design- core investment beats tactical positioning
• Understanding and implementing advisors’ views on the market
• What works and what hasn’t?
Scott Colyer, Chief Executive Officer, ADVISORS ASSET
MANAGEMENT
16.40 Roundtable discussion: How structured products can meet the
needs of wealthy investors
• How have wealthy investors’ needs changed following the Lehman
collapse?
• Inflation/deflation? How structured products can maximize opportunities
• Effective use of structured products within a family’s asset allocation
strategy
• Upside multiplication / downside protection, the role of structured products
for family offices
Moderator: Angelo J Robles, Founder and Chief Executive
Officer, FAMILY OFFICE ASSOCIATION
Durraj Tase, Founder, DT ADVISORS LLC
Justin Frankel, Managing Partner, WAVECREST ASSET MANAGEMENT
Seno Bril, Head of International Wealth Management, SUNTRUST
BANK
Carlos F Habsburgo, Director, HABSBURGO & ASOCIADOS
17.20 Champagne roundtable: Structured products in a changing global
financial landscape
• What can be learned from European and Asian structured products
markets?
• What is the responsibility of market participants in 2010?
• How do structured products fare versus other investment products?
• What has been the response to the low rate environment on the supply and
demand side and how has this impacted product innovation?
• Flow of human capital in the financial services industry and its effect on the
structured products market
• How much of an investor's portfolio should be dedicated to ETNs?
Moderator: Matt Ginsburg, Managing Director, WELLS FARGO BANK
Gage Olcott, Managing Director and Head of Retail Investor Solutions,
BARCLAYS CAPITAL
Durraj Tase, Founder, DT ADVISORS LLC
Michael Clark, Managing Director, CREDIT SUISSE
Barbara Mullaney, Managing Director, Head of Americas Retail Structured
Products, CITIGROUP
18.00 Closing remarks followed by cocktail reception
