Silver Sponsors: Bronze Sponsors: Exhibitors: E: [email protected]T: +1 212 224 3458 W: www.StructuredRetailProducts.com/Americas Americas Structured Products & Derivatives Conference New York | 11 & 12 June 2015 Hear from the industry's leading experts: Deland Kamanga Co-Head, Global Structured Products BMO Capital Markets Darren McKall Manager, Investment Funds & Structured Products Branch Ontario Securies Commission Reid Muoio Deputy Chief, Complex Financial Instruments Unit U.S Securies and Exchange Commission Emmanuel Valee Head of Cross Asset Soluons – Americas Societe Generale Ben Fulton CEO Elkhorn Investments Alan J Grissom Global Head of Insurance S&P Dow Jones Indices Rick Silva MD, Co-Head of Equies and Investment Soluons Wells Fargo Securies LLC Amy Sochard Senior Director Adversing Regulaon Finra David Wood MD, Head of e-Business, Cross Asset Soluons Societe Generale Benjamin Bowler Co-head of Global Equity Derivaves Research Bank of America Merrill Lynch Barbara Mullaney Global Head of Strategy and Distribuon Ci Private Client Soluons John C. Siciliano MD, Global Strategy Lead, Asset Management Advisory PwC
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Americas Structured Products & Derivatives … Derivati ves Research ... Incorporating Risk Factors Simon Henniaux, ... Americas Structured Products & Derivatives Conference
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Americas Structured Products & Derivatives ConferenceNew York | 11 & 12 June 2015
Hear from the industry's leading experts:Deland KamangaCo-Head, Global Structured ProductsBMO Capital Markets
Darren McKallManager, Investment Funds & Structured Products BranchOntario Securiti es Commission
Reid MuoioDeputy Chief, Complex Financial Instruments UnitU.S Securiti es and Exchange Commission
Emmanuel Valett eHead of Cross Asset Soluti ons – AmericasSociete Generale
Ben FultonCEOElkhorn Investments
Alan J GrissomGlobal Head of InsuranceS&P Dow Jones Indices
Rick SilvaMD, Co-Head of Equiti es and Investment Soluti onsWells Fargo Securiti es LLC
Amy SochardSenior Director Adverti sing Regulati onFinra
David WoodMD, Head of e-Business, Cross Asset Soluti ons Societe Generale
Benjamin BowlerCo-head of Global Equity Derivati ves ResearchBank of America Merrill Lynch
Barbara MullaneyGlobal Head of Strategy and Distributi on Citi Private Client Soluti ons
John C. SicilianoMD, Global Strategy Lead, Asset Management Advisory PwC
Americas Structured Products & Derivati ves Conference
Register now at: www.StructuredRetailProducts.com/Americas
WELCOME
We are happy to bring our successful Americas event to the pulsati ng heart of the American fi nancial industry – New York! As always, we have worked ti relessly to research our program and have invited the best, most knowledgeable speakers to share their experti se and views with you over the coming days. The 4th Americas Structured Products and Derivati ves conference will bring together senior representati ves from retail banks, insurance companies, investment banks, fund managers as well as law fi rms, regulatory bodies and independent investment advisors to discuss how to evolve the industry successfully.
Join them to meet potenti al clients at networking events and cocktail recepti ons, understand emerging business opportuniti es, and parti cipate in thought-provoking discussions on the future of the business and how regulati ons and technology will aff ect the market. I look forward to seeing you in June.
The Americas Structured Products & Derivati ves Awards are the industry’s most presti gious honors, designed to recognize the best buy-side and sell-side fi rms from across the Americas, as well as as well as identi fying the best providers.
Following the fi rst day of the Conference where the real networking begins, we welcome you to join us for a fun evening to relax with a drink, excellent food and great entertainment.
SRP AWARDS:
Senior managers involved with:
• Equity Derivati ves • Structured Products• Index Business• Listed Products • Distributi on• Capital Markets• Equiti es and Derivati ves• Retail Distributi on• Retail Investment Products
7:30am Coffee and Registration Available for sponsorship
8:15am Welcome Richard Jory, Global Head of Content, SRP
8:30am Keynote Address John C. Siciliano, MD, Global Strategy Lead, Asset
Management Advisory, PwC
9:00am Global Market Overview Jan Scibor-Kaminski, Managing Director, SRP
9:30am Strategy Indices: Incorporating Risk Factors Simon Henniaux, Director, Multi-Asset Structuring, Citi Matteo Andreetto, Global Head of Sales, STOXX Limited Ricardo Manrique, Executive Director, MSCI Indexes • Trends in asset classes, flows and product development • Does managing risk factors give an investor too many moving parts? • Does smart beta complement or compete with market- weighted indices? • The cleverest ways to deliver smart beta
10:20am Networking Break Available for sponsorship Break-out Sessions and Educational Workshops
11:00am Stream A
Independent Valuation, Disclosure & Transparency James Jockle, Chief Marketing Officer, Numerix Rachid Lassoued, Global Head of Financial Engineering Group, Bloomberg LLP • Do banks see the value of transparency? • Valuations – what form of legal disclosure will be required? • The success of estimated initial value in the US • Transparency of index providers as calculation agents? • Lessons from European initiatives – the Kid, Priips: all good?
11:00am Stream B
Distribution of Structured Products: benefiting from the Insurance Wrapper
Moderator: Sheryl J Moore, Founder and CEO, LooktoWink.com Bill O’Keefe, Director of Derivatives & Customized Options, XFA Alan J Grissom, Global Head of Insurance, S&P Dow Jones Indices • The value proposition of annuities - indexed annuities and other
insurance wrappers • Where are the institutional and retail opportunities for financial
institutions? • The advantages of insurance-wrapped products • What are the opportunities oustside the US?
Distribution of Derivatives and Structured Products
Break-out Sessions and Educational Workshops 11:50am Stream A
Structured Products - ETNs - ETFs: Choosing the Right Vehicle to get you there! Ben Fulton, CEO, Elkhorn Investments Greg King, Executive Vice President, Global X Funds Brandon Igyarto, Executive Director, Structured Investments, JP Morgan • Trends in ETFs and ETPs • What are exchanges doing to promote listed products? • Their role in liquidity, asset allocation, portfolio hedging and
investment management • What are the advantages of each especially in light of: – Their use as underlyings – Posting collateral – Clearing houses – How can exchanges help OTC trading? • Index construction and using ETFs in asset allocation1
11:50am Stream B
Seeking More Sophisticated Underlyings Chris Warren, Deutsche Bank John Tessar, Managing Director, JVB Financial • Maintaining exposure to Europe • Exposure to commodities, through equity indexes & physical • Is wrapping or distribution more important?
12:40pm Lunch Available for sponsorship 1:40pm Stream A
Opportunities across Canada: an Open Forum with the Leaders in Canada Steve Marshall, CEO, Hybrid Financial Sebastien Vallee, Director Guaranteed Product Development, Desjardins Group • Does Canadian banks’ expansionist ambitions mean opening up the domestic market to competition? • Protectionism makes Canada uncompetitive and the end- investor loses out. Discuss.
1:40pm Stream B
Opportunities across Latin America - growth of the Mexico market and product development in Brazil Manuel Meza Pizá, Global Structured Solutions Latam - Managing Director, BBVA Bancomer Nestor Cubides, Director Cross Asset Solutions & Strategies, Bank of America Merrill Lynch Luciano Diaféria Angelo, CFA, Products - Retail and Distribution Strategy, Itau BBA Fabio Passos, Head of Asset Allocation, Credit Agricole CIB Ltd • The emergence of an Equity Culture in Mexico • Regulation in Mexico: Friend or Foe • Brazilian Structured Product markets moves retail? • Frontier market landscape: Opportunities in Uruguay, Peru and Colombia
For the latest updates on the agenda, please see: www.StructuredRetailProducts.com/Americas
DAY 1 - THURSDAY 11 JUNE CONTINUED DAY 2 - FRIDAY 12 JUNE
Register now at: www.StructuredRetailProducts.com/Americas
2:30pm Strategies for Wealth Management Benjamin Bowler, Co-head of Global Equity Derivatives Research, Bank of America Merrill Lynch Edward O’Donnell, Head of Liquid Real Assets, Americas, Deutsche Bank Asset and Wealth Management Jim Roccas, Managing Director, Parametric Risk Advisors • What structured solutions do high net worth investors need? • Which derivative strategies are enhancing returns? • Implementing the right strategy with the right client • Views from the leading private banks and family offices
3:20pm The Future of e-commerce: Lessons Learned from Europe David Wood, MD, Head of e-Business, Cross Asset Solutions, Societe Generale • How the electronic platforms are changing the behaviour of client advisors, and ultimately the investments made by private clients. • How quickly are we becoming “electronic”? • Platforms, Meta platforms, ‘multi issuer platform’ or exchanges? • Is e-trading the future? If so what form will it take? • e-commerce: how do we connect trading books with the client?
4:10pm Break Available for sponsorship
4:40pm Structured Products: Disassembling Products and Dissecting the Risks and Rewards
Daniel Weiss, Head of Due Diligence, National Planning Holdings Matt Ginsburg, Executive Vice President, Wells Fargo Securities Tom Balcom, Founder, 1650 Wealth Management • A look under the hood of current products from three
different viewpoints • Which products would you invest in and why? • Where is the risk for the banks and investors? Has it been
presented transparently?
5:30pm Leaders’ Forum: In Conversation with Leading Manufacturers
Barbara Mullaney, Global Head of Strategy and Distribution, Citi Private Client Solutions Deland Kamanga, Co-Head, Global Structured Products, BMO Capital Markets Rick Silva, MD, Co-Head of Equities and Investment Solutions, Wells Fargo Emmanuel Valette, Head of Cross Asset Solutions – Americas, Societe Generale • Are investment banks hindering the development of Structured
Products? • TLAC – The death knell for Structured Products? • Are listed products eating your lunch? • How will technology regulation and geopolitics make our products fit for the age of digital banking?
6:20pm Closing Remarks Richard Jory, Global Head of Content, SRP
6:30pm Drinks Reception Available for sponsorship
7:30pm Awards Dinner
8:30am Coffee and Registration Available for sponsorship
9:00am Welcome Address
9:10am Legal Roundtable: Working with the Regulator and Unfathoming the Plethora of Relevant Global Legislation
Moderator: Joe Inzerillo, Managing Director, BNP Paribas • Development and Insight • Discussion of foreign offerings; 3a2 • Review of recent enforcements • Internal compliance issues and developments • Discussion of complexity • Unraveling appropriate European directives
10:10am Roundtable: Q&A with Regulators Open dialogue with Regulators from North America Amy Sochard, Senior Director Advertising Regulation, FINRA Reid Muoio, Deputy Chief, Complex Financial Instruments Unit, U.S. SEC Darren McKall, Manager Investment Funds & Structured Products Branch, Ontario Securities Commission • Marketing structured products • The application and enforcement of regulations • What are the risk/regulatory concerns around
research-based indices? • What is a complex product Education? • Regulatory concerns with e-platforms
11:10am Networking Break Available for sponsorship
11:40am Investing in Commodities and Energy Jon Ecker, MD Nat Gas, Genscape • The revival of oil-based products • Equity and index-based versus the physical • The clean energy underlying
12:20pm Volatility: an Asset Allocation Decision or Risk Management Strategy?
Matt Moran, VP Business Development, Chicago Board Options Exchange (CBOE) Rebecca Cheong, Head of America Equity Derivatives Strategy, UBS Securities LLC • How can investors use volatility in their portfolio? • Expiry of futures and options – is it just a case of market timing? • Features of tradable indexes in different volatility regimes • Risk control index within fund versus a structured product or
ETF from the investor’s point of view?
1:00pm Closing Summary Richard Jory, Global Head of Content, SRP
1:10pm Lunch Available for sponsorship 2:00pm Conference Ends
Register now at: www.StructuredRetailProducts.com/Americas
1 Buy-side Pass (Includes awards dinner / presentati on evening)
$999
1 Sell-side Pass 1 Sell-side Conference & Training Day PassEARLY BIRD PRICE expires 31 December 2014
Full Price £2,299Save £400
£1,899
2 Sell-side Conference & Training Day PassesEARLY BIRD PRICE expires 31 December 2014
Full price £4,599Save £1,000
£3,599$2,299
2 Sell-side Conference & Training Day PassesEARLY BIRD PRICE expires 31 December 2014
Full price £4,599Save £1,000
£3,599
3 Sell-side Passes
$8,997
1 Sell-side Conference & Training Day PassEARLY BIRD PRICE expires 31 December 2014
Full Price £2,299Save £400
£1,899
2 Sell-side Passes
$5,998
SECURE YOUR PLACE NOW:
NEW YORK HILTON MIDTOWN HOTEL | NEW YORK1335 Avenue of the AmericasNew York, 1001USA
SRP has negoti ated a specially discounted room rate for delegates requiring overnight accommodati on in the New York Hilton Midtown Hotel. Once you have confi rmed your registrati on for the Conference, we will provide details on how to book your room at the discounted rate.
FEEDBACK FROM OUR PREVIOUS CONFERENCES:FEEDBACK FROM OUR PREVIOUS 2015 CONFERENCES:
All the sessions I att ended were very informati ve. Interesti ng and practi cal informati on was shared, together with cutti ng edge insights as to where we may be heading in the future. It was great to see so many industry specialists gathered in the one place.Counsel, Cliff ord Chance
Very exciti ng opportunity to be in the epicentre of the industry and catch the latest trends.Head of New Products, Moscow Exchange
Highly professional event.CEO, Fairmat
The conference focuses on intercultural exchange. The networking promoted our understanding and mutual appreciati on for others in the industry and in this respect it was quite a successful event.Managing Director, Deutscher Derivate Verband
It was very interesti ng and also great fun!Director, Europe, OIC Opti ons Industry Council
11 & 12 June 2015 | Hilton Midtown Hotel | New York
OUR SPONSORS & EXHIBITORS:
Silver Sponsors:
Citi , the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdicti ons. Citi provides consumers, corporati ons, governments and insti tuti ons with a broad range of fi nancial products and services, including consumer banking and credit, corporate and investment banking, securiti es brokerage, transacti on services, and wealth management.
Among the many innovati ons the Citi Private Client Soluti ons Group off ers to individual and insti tuti onal investors are notes, deposits, certi fi cates, OTC derivati ves, warrants, funds, rules-based investment strategies, municipal securiti es and taxable fi xed income. Citi ’s investments are designed to meet a range of fi nancial goals, including yield enhancement, hedging portf olio risk and access to global markets. Learn more: www.citi fi rst.com and www.funds.citi .com
Bloomberg was founded in 1981 with one core mission: to bring transparency to capital markets through access to informati on. Today’s Bloomberg — with more than 15,500 employees in 192 locati ons in 73 countries around the globe — builds on that foundati on. The company’s strength – delivering data, news and analyti cs through innovati ve technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real ti me fi nancial informati on to more than 320,000 subscribers globally. Bloomberg’s enterprise soluti ons build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and informati on across organizati ons more effi ciently and eff ecti vely.
Through Bloomberg Government, Bloomberg New Energy Finance and Bloomberg BNA, the company provides data, news and analyti cs to decision makers in industries beyond fi nance. And Bloomberg News, delivered through the Bloomberg Professional service, television, radio, mobile, the Internet and three magazines, Bloomberg Businessweek, Bloomberg Markets and Bloomberg Pursuits, covers the world with more than 2,400 news and multi media professionals at 150 bureaus in 73 countries. For more informati on, visit www.bloomberg.com
Credit Suisse AG is one of the world’s leading fi nancial services providers and is part of the Credit Suisse group of companies. As an integrated bank, Credit Suisse off ers clients its combined experti se in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive soluti ons and innovati ve products to companies, insti tuti onal clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 46,400 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.
Further informati on about Credit Suisse can be found at www.credit-suisse.com.
MSCI For more than 40 years, MSCI’s research-based indexes and analyti cs have helped the world’s leading investors build and manage bett er portf olios. Clients rely on our off erings for deeper insights into the drivers of performance and risk in their portf olios, broad asset class coverage and innovati ve research. Our line of products and services includes indexes, analyti cal models, data, real estate benchmarks and ESG research. MSCI serves 98 of the top 100 largest money managers, according to the most recent P&I ranking. For more informati on, visit us at www.msci.com
Bronze Sponsors:
Exhibitors:
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from more than 6,100 offi ces in 73 countries and territories in Europe, Asia, Middle East, North Africa, North America and Lati n America. With assets of $2,634B as of December 31, 2014, the HSBC Group is one of the world’s largest banking and fi nancial services organizati ons.
HSBC, through its Wealth Management Sales (WMS) group, is a leader in the distributi on of retail structured products in the US. Our cross-asset class platf orm delivers structured investment soluti ons through a full range of formats including registered notes, EMTNs, MTNs and Certi fi cates of Deposit.
HSBC has been recognized by StructuredRetailProducts.com in the past as the Best Equiti es House in the Americas (2013) and Best Sales, Best Performance and Best Overall Provider in the Americas (2012). HSBC has also been recognized by Greenwich Associates as the US Retail Structured Products Quality Leader for the past six years. For more informati on, visit www.hsbc.com
At the core of Societe Generale’s universal banking business model, the Corporate & Investment Bank is a well-diversifi ed and leading player with nearly 10,500 professionals present in more than 31 countries across Europe, the Americas and Asia-Pacifi c. Standing by its clients across sectors, the Corporate & Investment Bank tailors soluti ons for them by capitalising on its worldwide experti se in investment banking, global fi nance, and global markets. For Corporates, Financial Insti tuti ons and Public Sector: providing a global advisory approach (M&A, debt, equity transacti on, capital structure, and asset & liability management), as well as quality capital raising soluti ons across the debt and equity spectrum, opti mised fi nancing and expert risk management responses notably in the realm of foreign exchange and rates derivati ves. For Investors: off ering reliable and sound investment opportuniti es and risk management soluti ons through its integrated global markets platf orm delivering seamless access to markets (equity, rates, credit, currencies, commoditi es and derivati ves), as well as advice and solid fi nancial engineering, quality of executi on – both Agency and principal, forward-looking research across asset classes, an industry-leading clearing propositi on and prime brokerage services.
For more informati on, visit www.sgcib.com
For more informati on on sponsorship and exhibiti on opportuniti es please contact Joe Burris:E: [email protected] T: +1 212 224 3458 W: www.StructuredRetailProducts.com/Americas