Fixed Income Leaders Summit Day 1- Wednesday September 7th 2016

08:00 - 08:30 Conference Registration & Networking Breakfast

08:30 - 08:35 Welcome Address

Prachi Panda, Fixed Income Leaders Summit Director, WBR

08:35 - 08:40 Speed Networking


08:40 - 08:55 Chairperson’s Opening Remarks


Carl James, Global Head of Fixed Income Trading at Pictet Asset Management

Carl James

Global Head of Fixed Income Trading
Pictet Asset Management

08:55 - 09:35 Buy Side Leaders Panel: Adjusting to lower returns, looser monetary policy and tighter regulation- How are buy side heads of fixed income adapting to the resulting investor behaviour and market structure?

  • With global QE policies narrowing spreads, how is the buy side adapting their fixed income strategies to make up for the lower yields?

  • Assessing the impact of tighter regulations on the fixed income market place and the knock on affect on the buy side- what can regulators do to help harness liquidity?

  • Which fixed income products seen the have highest investor interest and yield - what does this mean for the types of products you should expect to invest in and trade?

  • What types of changes are required to the current market structure to reach an ideal fixed income market model for the buy side to be able to operate efficiently?

Carl James, Global Head of Fixed Income Trading at Pictet Asset Management

Carl James

Global Head of Fixed Income Trading
Pictet Asset Management

Adam McCabe, Head of Asia Fixed Income at Aberdeen Asset Management

Adam McCabe

Head of Asia Fixed Income
Aberdeen Asset Management

Susan Buckley, Managing Director of Global Liquid Strategies at Queensland Investment Corporation

Susan Buckley

Managing Director of Global Liquid Strategies
Queensland Investment Corporation

Jethro Goodchild, SVP, Portfolio Manager, Fixed Income, Asia at Aviva Investors

Jethro Goodchild

SVP, Portfolio Manager, Fixed Income, Asia
Aviva Investors

09:35 - 09:55 Industry Keynote: The blueprint for success – How are new entrants disrupting fixed income markets to break the norm and offer differentiation to the buy side?

  • New entrants vs. traditional players- What makes the ideal trading business in 2017 and what can new entrants bring to the buy side?

  • Market structure through the lens- What opportunities does regulation and innovation bring to the market?

  • Notes from a new entrant- What has been learned from new entrants and how must they develop their models to operate successfully across markets?

  • How can new entrants work within a contrasting APAC landscape to offer more reliable liquidity globally?

  • Mapping the journey- How can disruption benefit fixed income markets and how can these new entrants evolve?

Brian Oliver

European Head of Institutional Sales & Relationship Management
Citadel Securities

09:55 - 10:15 Sell Side Fireside Chat: Combating the secondary market liquidity crunch- How are banks reinventing their business models to better meet your needs in light of Dodd Frank and Basel III increasing capital demands?

  • How is the sell side optimizing their capital in a less liquid more regulated and lower return world to better support the buy side?

  • What types of e-trading technology is the sell side using to maximize efficiency of their dealing activity and pass on cost savings to the buy side?

  • In light of the move from a principal model of trading to an agency, broking-centric trading model which players are leading the way in offering the buy side innovative solutions?

  • As the sell side deal with the costs of regulation, what types of products and services should the buy side expect to see from their tier I and tier II brokers?

Anthony Hall

Managing Director, APAC Head of FRC
UBS

  • Does the growth of e-trading represent a true and permanent market shift for all fixed income trades, or are we likely to see traditional voice/chat trading remaining more dominant in certain types of fixed income products?

  • As e-trading continues to grow, will one trading model remain more dominant than the others in terms of offering the buy side access to liquidity across different fixed income products?

  • Within each category of trading venue, which are the winning platforms leading the way in offering the buy side the innovative solutions they want?

  • In light of the high number of platforms coming to the fore, is consolidation likely to follow in each of the different types of fixed income trading models?

Vijay Chander, Executive Director,  Fixed Income at ASIFMA

Vijay Chander

Executive Director, Fixed Income
ASIFMA

Greg Donohough, CEO at Double Haven Capital

Greg Donohough

CEO
Double Haven Capital

Andrew Bernard, Managing Director, Asia at Tradeweb

Andrew Bernard

Managing Director, Asia
Tradeweb

Susan Estes, President and Chief Executive Officer at OpenDoor Trading

Susan Estes

President and Chief Executive Officer
OpenDoor Trading

Nachi Muthu, Global Head of Derivatives Trading and Clearing Solutions at Broadridge

Nachi Muthu

Global Head of Derivatives Trading and Clearing Solutions
Broadridge

10:55 - 11:35 Morning Networking Break

Stream A - NAVIGATING BONDS REGULATORY REFORMS

11:35 - 11:55 Case Study Revolution:The next stage of evolution – Exploring the future of e-Trading of bonds in Asia
Mushtaq Kapasi, Director Asia at ICMA

Mushtaq Kapasi

Director Asia
ICMA

Stream B - RESPONDING TO DERIVATIVES REGULATIONS

11:35 - 11:55 Interactive Discussion: In light of global and regional regulations and the behaviour of banks, what is the impact on Asian buy side in the derivatives space?
James Sehgal, Managing Director at Deriv Asia

James Sehgal

Managing Director
Deriv Asia

STREAM C: MONETARY POLICY INSIGHTS

11:35 - 11:55 Presentation: Is monetary policy out of bullets?

Omar Slim, Portfolio Manager Fixed Income Asia at Pinebridge Investments	, Singapore

Omar Slim

Portfolio Manager Fixed Income Asia
Pinebridge Investments , Singapore

Stream A - NAVIGATING BONDS REGULATORY REFORMS

11:55 - 12:05 Stream A Continued

Stream B - RESPONDING TO DERIVATIVES REGULATIONS

11:55 - 12:05 Stream B Continued

STREAM C: MONETARY POLICY INSIGHTS

11:55 - 12:05 Panel: What is the impact of the current monetary policies on the Indian bond market and how will this impact your portfolio?
  • RBI’s ease in ECB borrowing – How does this impact the Indian bond market?
  • How do you expect the bond market sentiment and bond yields to change in the next 5 years in the light of new policies?
  • What is the optimal way for investors to react?
  • Long term outlook – What are the challenges and opportunities do you see in the Indian bond market in the next 10 years?
Vivek Sharma, Head – SEA and Middle East,  Global Asset Management at Edelweiss Financial Services

Vivek Sharma

Head – SEA and Middle East, Global Asset Management
Edelweiss Financial Services

Amandeep Chopra, Head of Fixed Income at UTI Asset Management

Amandeep Chopra

Head of Fixed Income
UTI Asset Management

Manpreet Singh Gill, Head of FICC Investment Strategy at Standard Chartered

Manpreet Singh Gill

Head of FICC Investment Strategy
Standard Chartered

Rajeev Radhakrishnan

Head of Fixed Income
SBI Mutual Funds

Stream A - NAVIGATING BONDS REGULATORY REFORMS

12:05 - 12:35 Stream A Continued

Stream B - RESPONDING TO DERIVATIVES REGULATIONS

12:05 - 12:35 Presentation: Linking to CCPs - How to minimize the infrastructure and margining costs resulting from new clearing requirements?
Nachi Muthu, Global Head of Derivatives Trading and Clearing Solutions at Broadridge

Nachi Muthu

Global Head of Derivatives Trading and Clearing Solutions
Broadridge

STREAM C: MONETARY POLICY INSIGHTS

12:05 - 12:35 Stream C Continued

12:35 - 13:50 Networking Lunch Break


BUY SIDE INVITE-ONLY LUNCH

12:35 - 13:50 Creative Boardroom: Buy side to buy side trading- Is this the best alternative means to source liquidity?
Open to 15 Global Heads of Trading from APAC’s top 20 asset managers
Gemma Wong, Fixed Income Trader at Allianz Global Investors

Gemma Wong

Fixed Income Trader
Allianz Global Investors

STREAM A: ESTABLISH WINNING PARTNERSHIPS

13:50 - 14:10 Presentation: Buy side view- How do you see your relationship with your broker evolving as they diversify away from their traditional market making model?
  • With QE causing investors to hold bonds more tightly concentrating inventory on the buy-side, how can the sell side offer alternative services that add value to the buy side?

  • What criteria are the buy side using when they select a broker-is performance vs. relationship the key driver now?

  • How will the buy and sell side relationship evolve in the new electronic world?

  • Does the traditional sell side market-making model still have a place in certain types of instruments?

Greg Donohough, CEO at Double Haven Capital

Greg Donohough

CEO
Double Haven Capital

Woon Khien Chia, Senior Portfolio Manager at Nikko Asset Management

Woon Khien Chia

Senior Portfolio Manager
Nikko Asset Management

Wesley Chen, Global High Yield Bond Fund Manager, Quantitative Trading at Taiwan Cooperative Securities Investment Trust Co.

Wesley Chen

Global High Yield Bond Fund Manager, Quantitative Trading
Taiwan Cooperative Securities Investment Trust Co.

Ka Shao Lee, Founder at PhiMattell Pte. Ltd.

Ka Shao Lee

Founder
PhiMattell Pte. Ltd.

Tim Jagger

Industry Expert
Independent Credit Specialist

Sanjay Mathur

(former) Asian Chief Economist
RBS

STREAM C: TOP BONDS TRENDS TO WATCH

13:50 - 14:10 Fireside Chat: Is the expansion of the Chinese Bond Market laying a foundation for long term growth?
  • Potential increase in the demand for RMB – What impact will this have on the Chinese Bond Market?
  • How is the internationalization of RMB going to affect global investors?
  • What strategies can you use to generate alpha for Chinese fixed income investment?
  • What are the reliable ways to determine the true risk return proposition of potential onshore RMB bond investments?
  • What measures do you predict the Chinese Government is going to take for the bond market in the next 5 years?
Gordon Tsui, CFA, Executive Director & Head of Fixed Income at Taikang Asset Management (Hong Kong)

Gordon Tsui

CFA, Executive Director & Head of Fixed Income
Taikang Asset Management (Hong Kong)

Warut Promboon, Chief Rating Officer at Dagong Global Credit Rating

Warut Promboon

Chief Rating Officer
Dagong Global Credit Rating

STREAM A: ESTABLISH WINNING PARTNERSHIPS

14:10 - 14:30 Presentation: The Corporate New Issue Market: Are there efficiencies that can be achieved ?

Herb Werth

Managing Director
IPREO

Stream B - EXPLOIT NEW DERIVATIVES OPPORTUNITIES

14:10 - 14:30 Stream B Continued

STREAM C: TOP BONDS TRENDS TO WATCH

14:10 - 14:30 Stream C Continued

STREAM A: ESTABLISH WINNING PARTNERSHIPS

14:30 - 14:50 Presentation: The role of IDBs- What value can an IDB bring in new fixed income markets?
  • How are IDBs adapting to the changing role of buy side and sell side market participants?

  • How are IDBs adapting their internal infrastructure as certain fixed income markets become more electronic?

  • With the diminished role of the sell side, are IDBs set to become more vital for fixed income trading?

  • How can you ensure you reap the full benefits from the services offered by an IDB?

Seth Johnson, Head of Strategy Global Broking at ICAP

Seth Johnson

Head of Strategy Global Broking
ICAP

Stream B - EXPLOIT NEW DERIVATIVES OPPORTUNITIES

14:30 - 14:50 Stream B Continued

STREAM C: TOP BONDS TRENDS TO WATCH

14:30 - 14:50 Presentation: What are the hurdles and solutions for accessing Indian debt market?
Praveen Jagwani, CFA, CEO at UTI International

Praveen Jagwani, CFA

CEO
UTI International

14:50 - 15:30 Afternoon Networking Break


15:30 - 15:50 Guest Speaker: The technological revolution in global banking: China is a global leader or everything we know about banking is wrong

Paul Schulte, Founder and Editor at Schulte Research

Paul Schulte

Founder and Editor
Schulte Research

  • How much fixed income trading is currently still taking place through traditional voice/chat trading versus electronic methods on the buy side?

  • What progress has been made by the buy side in selecting key fixed income platform initiatives?

  • How much uptake has there been on the buy side with different types of technology tools?

  • How can you effectively filter which technologies will truly support your trading desk?

  • What have been the main drivers on the buy side when selecting a trading platform and technology provider?

Carl James, Global Head of Fixed Income Trading at Pictet Asset Management

Carl James

Global Head of Fixed Income Trading
Pictet Asset Management

Li Renn Tsai, Senior Vice President, Head of Fixed Income Trading at Singapore Exchange

Li Renn Tsai

Senior Vice President, Head of Fixed Income Trading
Singapore Exchange

Magnus Cattan, Senior Vice President, Asia Pacific at ICE Data Services

Magnus Cattan

Senior Vice President, Asia Pacific
ICE Data Services

Stu Taylor, CEO at Algomi

Stu Taylor

CEO
Algomi

Boon Chye Ong, Deputy Director & Head Financial Products and Solutions Division Financial  at Monetary Authority of Singapore

Boon Chye Ong

Deputy Director & Head Financial Products and Solutions Division Financial
Monetary Authority of Singapore

16:50 - 17:00 Chairperson’s Closing Remarks


Carl James, Global Head of Fixed Income Trading at Pictet Asset Management

Carl James

Global Head of Fixed Income Trading
Pictet Asset Management

17:00 - 23:59 Cocktail Drinks Reception