Investment AdvIsory summItsIngApore 201106 september 2011

LEAD LEGAL SPONSORLEAD SPONSOR

GOLD SPONSOR

AsiAn PrivAte BAnker investment Advisory summit singAPore2011tuesday september 6

marina Bay sands Convention CenterLevel 3 - Hibiscus & Jasmine

Keynote address to be delivered by:

Professor Claudia Zeisberger Affiliate Professor of Decision Sciences, Entrepreneurship and Family EnterpriseAcademic Co-Director, Global Private Equity Initiative (GPEI)INSEAD

investment Advisory Council

Anurag mahesh, Managing Director, Head of Global Investment Solutions, Asia PacificDeutsche Private Wealth Management

simon grose-Hodge, Managing Director, Head of Investment Advisory, LGT Bank

Wayne Crispe, Head of Insurance and Investments, Asia Pacific Retail Banking and Wealth Management/Private Banking ANZ Banking Group Singapore

marc Lansonneur, Regional Head of Investment Teams and Market Solutions, Asia PacificSociete Generale Private Banking

gary sim, Head Traditional Managed Investments, Due Diligence, Asia Citibank

susan Chua, Head of Portfolio Management, Singapore, Global Investment Services RBS Coutts Bank

gary Lin, Head of Alternative Investments – Southeast Asia J.P. Morgan Private Bank

John ng, Managing Director, Head of Research and Head of Product Marketing Bank of Singapore

eleonore dachicourt, Director, Head of Sales and Advisory, Global Funds Solutions Asia Pacific, Deutsche Private Wealth Management

rishabh saksena, Managing Director, Head, Capital Markets & Insurance Global Investment Solutions, Asia Pacific Region Merrill Lynch Wealth Management

rajesh manwani, Director, Head of Advisory, Coverage and Sales – Singapore Credit Suisse Private Banking

mario Becker, Senior Director – Head of Investment Advisory Southeast Asia Standard Chartered Private Bank

8:00 – 8:55 am registration and Coffee

8:55 – 9:00 am Welcome and opening Comments

Andrew shale, Publisher Asian Private Banker

ProgrAmme

9:00 – 9:45 am opening keynote speech

Professor Claudia Zeisberger Affiliate Professor of Decision Sciences, Entrepreneurship and Family Enterprise Academic Co-Director, Global Private Equity Initiative (GPEI) INSEAD

Everything you always wanted to know about risk, but never dared to ask.

The world now understands Black Swans to be defined as infrequent events that cannot be predicted in advance, that are of extreme consequence and are easily explained with hindsight.

However, can the adverse consequences of an unforeseen Black Swan be minimized by the use of risk reduction, risk transfer and the 5-R design strategies of Resilience, Robustness, Redundancy, Regulation and Response?

Professor Claudia Zeisberger examines why the best investment and business deals of the past two centuries were made during distressed market environments that resulted from Black or Grey Swans and how Black and Grey Swans can either devastate your portfolio or business if caught unaware, or present an opportunity to leapfrog the competition if prepared.

9:45 – 10:15 am Lead Presentation Investing after the financial crisis: Improving risk management

and asset allocation

The financial crisis brought about many challenges for investors as traditional investment approaches delivered poor results in the face of market volatility. We reexamine two foundations of modern portfolio management theory – risk management and asset allocation. How can we improve risk management? How can we make portfolio asset allocation more robust?

dr. Harold y kim, Managing Director Head of Cross Asset Group Asia-Pacific Citigroup Global Markets Asia

10:15 – 10:40 am Coffee Break

10:40 – 11:15 am Legal Presentation Private banking in Asia following the global financial crisis: the

regulatory response to cross-border private banking targeting emerging Asian wealth

The private banking industry is rapidly increasing headcount and other resources in Asia to target the emerging wealth in the region. The aftermath of the financial crisis has accelerated this process given stronger growth and availability of capital in Asia. Many private banks are using Singapore as a hub to service clients based in surrounding countries such as China, India and Indonesia. But there are regulatory headwinds coming from Europe and the US as well as local issues. We shall look to provide a weather report and route map for this rapidly changing regulatory environment.

nish shetty, Partner and Head of International Arbitration and Dispute Resolution, South East Asia Clifford Chance

11:15 – 11:50 am Presentation China as an asset class

Chinese institutions and securities markets are continuing to rapidly evolve as China assumes an increasingly important role in the global economy. Robert Horrocks, PhD, will explore the diversity of China’s investment landscape, based on the fundamental premise that the world’s most populous country should be treated as an asset class in its own right.

When investing in China for the long term—strategy matters. Investors should not simply seek a “China Fund” but rather, ask: “How should I invest in China? What sorts of strategies make sense for my risk and return profile?”

In this presentation, Dr. Horrocks will discuss the factors that make for differentiated, long-term investment performance in China’s equity markets as well as those that enable the formation of distinct strategies that will appeal to different investor classes.

dr. robert Horrocks, Chief Investment Officer Matthews Asia

11:50 – 12:35 pm structured Products Panel The Role of Private Banks: Wealth Manager or Broker?

The investment and advisory landscape has undergone significant changes in recent years, particularly in Asia. The traditional European model of private banks as long term wealth managers has been replaced in Asia to some extent by a brokerage-oriented model focused on trading activity. Is this a fair assessment of the current private bank market in Asia? Have we become too focused on short-term trading activity? How do we reorient the focus of private banks back towards long term wealth management?

Chair Bernard Wai, Managing Director, Head of Cross Asset Group

Sales Asia-Pacific Citigroup Global Markets Asia

Panel Anurag mahesh, Managing Director, Head of Global

Investment Solutions, Asia Pacific Deutsche Private Wealth Management

simon grose-Hodge, Managing Director, Head of Investment Advisory, LGT Bank

Lena ng, Counsel, Head of Derivatives and Structured Products Practice, South East Asia Clifford Chance

12.35 – 1:50 pm Luncheon

1:50 – 2:30 pm Presentation ETFs – Providing value for Wealth Managers

Investors have a choice between active funds and passive exposure via ETF, but why trade ETFs? Nizam Hamid explores the intricacies and optimum methods of trading ETFs, shedding light on some of the common problems heads of private banking advisory face when using these instruments.

nizam Hamid, Managing Director, Head of ETF Strategy & Deputy Head of ETFs Lyxor Asset Management

2:30 – 3:20 pm Alternative investments Panel Funds of Hedge Funds: Dinosaurs or phoenix?

In the aftermath of the financial crises, the fund of hedge funds industry suffered significant redemption. Indeed, its very business model has been struggling. Can the industry revive and if so, what will it take to breathe new life into the model? Has investor appetite for hedge funds changed forever? How is the industry responding to these changes? Finally, are fund of hedge funds viewed as a commodity or do they still add value?

Chair daniel ghirardi, Chief Executive Officer

SYZ & CO (Hong Kong)

Panel gary Lin, Head of Alternative Investments – Southeast Asia J.P. Morgan Private Bank

eleonore dachicourt, Director, Head of Sales and Advisory Global Funds Solutions, Asia Pacific Deutsche Private Wealth Management

Ho Han ming, Partner, Head of Funds Practice, Singapore Clifford Chance

3:20 – 3:50 pm Coffee Break

3:50 – 4:40 pm Presentation Blinded by the RMB spotlight? Why private clients may miss a

wider Asia Fixed Income opportunity

With the CNH bond market hitting the headlines in Hong Kong, the investment searchlight has firmly focused on the internationalization of the RMB and Singapore as the next potential RMB hub. However, while all eyes are trained on the fortunes of China’s currency, many may be missing a bigger Asia fixed income story and the returns that are currently generated through other Asian currencies, credits and interest rate opportunities.

This presentation will examine why Asia fixed income as an asset class is still under-researched and under-utilised in investors’ portfolios. Although an important trend, the RMB story risks distracting investors and for this reason, combined with a lack of reliable, on-the-ground credit research in Asia, many may be missing compelling money-making opportunities in Asian rates and credit, particularly in the high yield arena. In addition, Singapore could be a logical place for China to consider as part of its plans to internationalize its currency given Singaporean investors’ eagerness to tap the RMB appreciation story.

yu-ming Wang, Regional Head of Investments, Fixed Income Manulife Asset Management

Cheng duan Pang, CFA, Head of Fixed Income, Singapore Manulife Asset Management

4:40 – 4:45 pm round-up Andrew shale

5:00 pm official Cocktail reception

6:30 pm Close

Biographies in Brief

keynote PresentationClaudia Zeisbergeris an Affiliate Professor of Decision Sciences at INSEAD and Academic Co-Director of its Global Private Equity Initiative (GPEI), which works hand in hand with the PE industry to facilitate the exchange of ideas and best practices amongst Limited Partners (LPs).

Claudia teaches in INSEAD’s MBA, EMBA as well as Executive Education programmes, was nominated repeatedly for the Best Teaching Award in her PE elective and received in 2009 and 2010 the “Dean’s Commendation for Excellence in MBA Teaching”. Throughout her 16 years in Asia, she has advised institutional investors, especially family offices from Asia & the Middle East on the inclusion of Private Equity in their investment portfolios.

Lead sponsor Presentationdr. Harold y kim, Managing Director, Head of Cross Asset Group Asia-PacificCitigroup Global Markets Asia

Dr Kim’s responsibilities include managing the group which provides investment and hedging solutions across all underlying asset classes, covering structuring, funds management and sales.

Legal sponsor Presentationnish shetty, Partner and Head of International Arbitration and Dispute Resolution, South East Asia, Clifford Chance

Nish Shetty is regarded as a leading expert in the field of dispute resolution, in particular international arbitration, cross-border insolvency and regulatory work. He has advised on many of the most complex cross-jurisdictional disputes in recent years in South and South East Asia. Nish is on the panel of arbitrators of the key arbitral institutions in the region.

Presentation – China as an asset classdr robert Horrocks, Chief Investment Officer, Matthews Asia

As Chief Investment Officer, Dr Horrocks oversees the firm’s investment process and investment professionals and sets the research agenda for the investment team.

structured Products Panel ChairBernard Wai, Managing Director, Head of Cross Asset Group Sales Asia-PacificCitigroup Global Markets Asia Ltd

Bernard Wai has overall responsibility for the sale of investments and funds to private banks, wealth advisory channels and financial intermediaries across Asia Pacific.

PanelAnurag mahesh, Head of Global Investments Services, Asia Pacific Deutsche Bank Private Wealth Management

Anurag Mahesh is responsible for product management and investment solutions across the bank’s private banking franchise in the region.

simon grose-Hodge, Managing Director, Head of Investment Advisory, SingaporeLGT Bank (Singapore)

Simon’s responsibilities include: determining and communicating LGT’s global market strategy, including the appropriate investment ideas and implementation for clients’ portfolios.

Lena ng, Counsel and Head of Derivatives and Structured Products Practice, South East Asia, Clifford Chance

Lena Ng leads Clifford Chance’s derivatives and structured products practice in South East Asia. She specialises in derivatives and other financial market products and has extensive experience with credit and equity derivatives, commodity derivatives and specialist debt securities.

Presentation on exchange traded Fundsnizam Hamid, Managing Director, Head of ETF Strategy & Deputy Head of ETFs Lyxor Asset Management

Nizam Hamid oversees the firm’s business strategy, product development and research. Nizam joined Lyxor as managing director in November 2010. Prior to joining, Nizam previously spent two years at iShares in London, where he was in charge of sales strategy for Europe and Asia, building up the institutional and wealth research reports. Prior to this, he worked at Deutsche Bank for ten years as the Global Head of Portfolio Trading, Futures and ETF research. Nizam has also been a No1 Extel rated quantitative analyst on European equities and also spent four years in Japan producing quantitative research.

Alternative investments Panel Chairdaniel ghirardi, Chief Executive OfficerSYZ & CO (Hong Kong).

With more than 15 years of experience in asset management and alternative investments, Daniel brings a wealth of experience to the fast growing operation in Asia. SYZ & CO is a Swiss banking and asset management group with USD 40 billion of assets under management. In addition to Long-only funds, Syz & Co also manages UCITS and NEWCITS complianced products as well as fund of hedge funds. Being a pioneer in the fund of hedge funds business, Syz & Co has one of the longest track-record in the fund of hedge funds industry and manages the first UCITS complianced fund of hedge funds.

Panelgary Lin, Head of Alternative Investments – Southeast Asia, J.P. Morgan Private Bank

Based in Singapore, Gary’s responsibilities include the origination, due diligence and structuring of hedge fund, private equity, real estate and direct deal opportunities in Asia.

eleonore dachicourt, Director, Head of Sales and Advisory, Global Funds Solutions, Asia Pacific Private Wealth Management, Deutsche Bank

Eleonore Dachicourt is part of Deutsche Bank’s Global Funds Solutions’ Group. Eleonore has spent the last 12 years in the hedge fund industry in research and portfolio management capabilities, mainly in London.

Ho Han ming, Partner, Head of Funds Practice, SingaporeClifford Chance

Han Ming specialises in fund matters and has extensive knowledge of the business operations of the asset management industry in Singapore. He has worked with major foreign and local fund management companies on the establishment of these companies in Singapore, as well as the establishment, structuring and registration of their funds (both local and offshore) in Singapore. He also advises on regulatory compliance and licensing issues relating to Singapore securities and financial advisory law.

Asia Fixed income Presentationyu-ming Wang, Senior Managing Director, Head of Fixed Income, AsiaManulife Asset Management (Asia)

Yu-Ming Wang oversees a team of fixed income portfolio managers and credit analysts across 10 countries and territories in Asia. Yu-Ming has more than 24 years investment experience spanning roles in asset management and investment banking in Asia and the US.

Cheng duan Pang is Head of Fixed Income, Singapore at Manulife Asset Management.

Cheng Duan is responsible for managing SGD fixed income portfolios for both on-balance sheet funds and third party funds. Cheng Duan has nearly 20 years investment experience in the investment industry.

other members of the advisory councilJohn ng, Managing Director, Head of Research and Head of Product Marketing, Bank of Singapore.

In his capacity, John is overall responsible for managing the research and recommendation of equities, bonds and funds. Also as Head of Product Marketing, John oversees the effective marketing of products at Bank of Singapore.

Wayne Crispe, Head of Insurance and Investments, Asia Pacific, Retail Banking and Wealth Management/ Private Banking, ANZ Banking Group, Singapore.

Wayne is responsible for regional bancassurance and mutual fund provider relationships and product due diligence and approval for Asia Pacific across branch, telemarketing, international and Private Bank distribution channels.

marc Lansonneur, Regional Head of Investment Teams and Market Solutions, Societe Generale Private Banking (Asia Pacific).

Marc Lansonneur joined Societe Generale Private Banking (Asia Pacific) in 2008 as the Regional Head of Capital Markets. He was appointed into his current role in Feb 2011 as the Regional Head of Investment and Market Solutions, where he oversees the Investment Division. The Investment team comprises of Research, Funds, Investment advisory, Markets Solutions (Capital Markets and Structured Products) and Discretionary Portfolio Management.

susan Chua, EVP, Head of Portfolio Management, Singapore, Global Investment Services, RBS Coutts Bank

Susan Chua manages client portfolios on an advisory basis. As part of her role, Susan maintains direct contact with clients and advises them on strategies and ideas involving various asset classes. She also manages a team of investment professionals comprising Investment Advisors and Market Specialists. Susan has 20 years of experience in the private banking industry, having worked as a dealer, analyst and strategist at Citi Private Bank within both New York and Singapore.

gary sim - Head, Traditional Managed Investments, Due Diligence, Asia.

Gary’s responsibilities include research and due diligence on mutual funds for Citibank’s regional consumer businesses and Citi Private Bank.

rishabh saksena, Managing Director, Head, Capital Markets & Insurance, Global Investment Solutions, Asia Pacific Region, Merrill Lynch Wealth Management

rajesh manwani is the Head of Advisory, Coverage & Sales for Credit Suisse Private Banking in Singapore.

Rajesh’s responsibilities include the oversight of Products, Advisory frameworks & tools and CS High Conviction Offering, a portfolio consulting offering of Credit Suisse.

mario Becker, Senior Director – Head of Investment Advisory Southeast Asia, Standard Chartered Private Bank.

Mario manages a team of 18 Investment Advisors and a portfolio of UHNW clients with assets equivalent of USD 50 million and above.

www.asianprivatebanker.com