Day 1 - Tuesday, 23 September 2008

9.00

Welcome address: Richard Jory, Editor, STRUCTURED PRODUCTS MAGAZINE

9.10

Keynote address: Taiwan’s regulatory landscape, economic outlook and the opportunities posed for structured products
• Local political and economic outlook and opportunities presented for foreign investors
• The warming ties with China: the introduction of the QDII scheme in Taiwan
• The road ahead: Taiwan’s supervisory directions for its structured products markets
• Growing beyond electronics: opportunities in property, construction and retailing
Shyan Yuan Lee, Former Commissioner, TAIWAN FINANCIAL SUPERVISORY COMMISSION, Professor, Department and Graduate Institute of Finance, NATIONAL TAIWAN UNIVERSITY

9.45

Keynote address: Fostering ties of China’s structured products markets with the rest of Asia

Armstrong Chen, Senior Counsel, Supervisory Rules & Regulations Department, CHINA BANKING REGULATORY COMMISSION

10.20

Roundtable: Identifying latest and future structured product trends amid market turbulences

• Lessons learned for structured products practitioners from the loss of Bear Stearns, Merrill Lynch and Lehman Brothers
• Intervention of central banks and the foreseeable changes in the investment environment
• The role that structured products plays and will play amidst market turbulences
• Assessing sustainability of inflation-linked products
• Forecasting growth of SP markets in Asia? What can be done to stimulate growth?
• How are the Asian countries seeing accelerating acceptance of structured products? Why? How to tap these countries?

Moderator: Richard Jory, Editor, STRUCTURED PRODUCTS MAGAZINE

Nicholas Leung, Head of Investment Product Support Department, Wealth Management Division, BANK OF EAST ASIA
Henry Pang, Managing Director and Head of Equities & Derivatives Asia (ex-Japan), BNP PARIBAS

Paul Lee, Managing Director of Structured Products, DEUTSCHE BANK PRIVATE WEALTH MANAGEMENT
Bruno Lee, Head of Wealth Management, Personal Financial Services Hong Kong, HSBC

Keith Styrcula, Founder, STRUCTURED PRODUCTS ASSOCIATION (USA)

11.30

Pension and insurance-linked products in Asia

• Using structured products to protect against mortality and longevity risks
• Hedging against natural catastrophes
• Current market status and outlook
• Role that governments / regulators can play in fostering growth in the market
  Rishi Kapur, Managing Director, Client Markets, SWISS REINSURANCE COMPANY
  

Distributor perspective: FX, equity and interest rate-linked products

• Unique characteristics of the 3 asset classes in the midst of the current turbulent environment
• Changes in clients’ risk appetite for equities
• Strategies to optimise returns
  Appreciating the upside potentials of FX and interest rate-linked products
  Benjamin Pedley, Managing Director, Head of Advisory Services, LGT INVESTMENT MANAGEMENT (ASIA)
  

12.05

Profiting from a high volatility environment with structured products

• What are market neutral products? Who are they for?
• Evaluating effectiveness of market neutral products if market volatility reduces
• Balancing between upside potentials and capital production for investors

Terence Goh, Global Head, Structured Solutions Group, Group Wealth Management, STANDARD CHARTERED BANK

Asian thematics and new approaches to access Asia

• Diversifying risks using index-linked structured products
• Use of indices in Asian structured products
• Indices as an asset class in portfolios
• Evaluate the performance of indices that provide access to Asian markets
• Assessing the next hottest themes: Asian property, water, infrastructure and alternative energy

Angeline Choo, Director, Business Development, Index and Portfolio Services, STANDARD & POOR’S

1.40

Roundtable: Commodity structured products
• How long will the commodity rally continue?
• Demonstration of how commodities products effectively hedge against inflation risks
• Investment strategies using agriculture products
• The rapid rise of soft commodities markets
• Market outlook: lucrative commodity underlyings for 2009

Moderator: Todd James, Senior Director & Head of Investment Advisory Group, HSBC PRIVATE BANK

Bruce Von Cannon, Senior Representative, BANQUE PRIVEE EDOND DE ROTHSCHILD SA
Jonathan Kornafel, Director, Asia, HUDSON CAPITAL ENERGY LLC
Peter McGuire, Managing Director, COMMODITY WARRANTS AUSTRALIA

2.20

Roundtable: developing markets in focus

• Assessing structured products growth in developing markets: Vietnam, India, Indonesia and Malaysia
• Opportunities to structure around specific regions: Vietnam, Middle East and BRIC (Brazil, Russia, India and China)
• Understanding the evolving investors’ appetite for developing markets products
• Outlook on implications of major regulatory developments

Moderator: Peter McGuire, Managing Director, COMMODITY WARRANTS AUSTRALIA
Sanjiv Shah, Executive Director, BENCHMARK ASSET MANAGEMENT INDIA
Anthony Yeung, Regional Director, Asia Pacific, DOW JONES INDEXES
Chu Kok Wei, Executive Vice President, Head of Structured Products & Derivatives, CIMB GROUP

Latest breakthroughs in fund-linked derivatives

• Rationale behind selection of funds and their unique characteristics to adhere to specific risk / reward profiles
• Benefits to invest in fund of hedge funds
• Pricing of fund linked products
• Innovations in structures

Marcos Camhis, Chief Operating Officer, CAPITAL MANAGEMENT ADVISORS

3.35

Structured products: an innovation or a deterrent in portfolio building?

• Incorporating structured products into investment portfolio
• Key considerations under different market scenarios
• Explaining risks and benefits of structured products to investors
• Conventional versus shariah-compliant structures products
  
  Anthony Siau, Head, Product & Strategy, RHB INVESTMENT MANAGEMENT
  

Alpha generation via exchange traded funds (ETFs)

• Unique features and alpha generating capabilities of ETFs
• ETFs as a tool to diversify risks in portfolios
• Gaining exposure to equity markets: developed vs. developing markets
• Commodity-linked ETFs
• Forecasting the growth in ETFs in Asia
  
  Sanjiv Shah, Executive Director, BENCHMARK ASSET MANAGEMENT INDIA
  

4.10

Roundtable: Assessing the next generation of structured products for private banking and retail investors

• Highlighting demand for structured products: regions, underlyings and wrappers
• Projecting future distribution of products in Asia based on history in other countries
• Guidelines to promote a closer relationship between distributor and end users
• Reality check on sophistication in HNWIs: do they really understand the risks?
• Are retail structured products moving from off-the-shelf to enhanced scalability and flexibility?

Moderator: Timothy Lo, Managing Director, CIC INVESTOR SERVICES

Jeslie Chui, Senior Treasury Product Manager, Derivatives Division, Global Market Departments, BANK OF CHINA
Bruce Von Cannon, Senior Representative, BANQUE PRIVEE EDOND DE ROTHSCHILD SA
David Luk, Director, Investor Counselor, ING PRIVATE BANK
Sébastien Dupuy, Structured Products Advisor, Local Head, Structured Products Solutions, SG PRIVATE BANKING

4.50

Closing remarks: Richard Jory, Editor, STRUCTURED PRODUCTS MAGAZINE

5.00

5.30

Cocktail reception and Structured Products Asia Awards 2008 – Presentation and gala dinner