Day one – Thursday, 20 November 2008

Download the full agenda for day 1 at Asia Risk Congress 2008 here.

Stream 1 / Stream 2

8.20 Coffee and registration

8.50 Welcome address: Christopher Jeffery, Editor, ASIA RISK

9.00 Keynote address: The current period of market turbulence: actions by the Federal Reserve to sustain markets and lessons learned

Roger Cole, Director, Banking Supervision & Regulation, US FEDERAL RESERVE BOARD

9.40 Keynote address: The evolution of the financial crisis and the Asian economies

Hans Genberg, Executive Director, HONG KONG MONETARY AUTHORITY

10.20 Morning break and an opportunity to visit the exhibition

STREAM 1 – Risk management in structured products and derivatives

10.50 Chairman’s remarks: Joe Marsh, Chief Subeditor, ASIA RISK

10.55 Panel discussion: The past, present and future of equity derivatives

• Threat and opportunities posed by the extremely volatile stock markets
• Exploring new markets: Equity-linked products for the conservative institutional investors
• Effective downside protection for equity portfolios in volatile markets

MODERATOR: Chris Jeffery, Editor, ASIA RISK
Henry Pang, Managing Director, Head of Equities & Derivatives, Asia Pacific, BNP PARIBAS
Eleanor Wan, CEO, ALLIANZ GLOBAL INVESTORS
Tobias Bland, CEO, ENHANCED INVESTMENT PRODUCTS

11.35 Strategies to hedge against inflation and fluctuating oil prices

Countries most vulnerable to inflationary pressures
Comparing investments in commodities, real estate and equities
Contrasting strategies used between institutions and retail investors
Opportunities posed by high oil prices

Steve Gollop, Chief Executive Officer, TYCHE GROUP

12.15 Lunch and an opportunity to visit the exhibition

13.15 Panel discussion: Product and risk management in a turbulent market environment

Dislocation in Markets: impact on derivatives and structured product development
Risk Management Challenges
Product Adaptations: the applications of products to the latest market appetite

MODERATOR: Christopher Chan, Managing Director, Derivatives Structuring Advisory, Asia Pacific, BNP PARIBAS
Francis Ho, Group Treasurer, CLP HOLDINGS
Nicholas Leung, Head of Investment Product Support Department, Wealth Management Division, BANK OF EAST ASIA
Benjamin Pedley, Managing Director, Head of Advisory Services, LGT INVESTMENT MANAGEMENT (ASIA)

13.55 Front to back Office software systems for OTC derivatives trading, risk and processing

Regulation and the need to handle the end to end process when trading OTC derivatives
Attaining a ROI and keeping transaction costs low
Case study:
• The challenges of selecting a solution to cover OTC derivatives
• Pre-deal and post-deal requirements
• Investment planning and benchmarking
• Cross-asset needs

Dan Cohen, Solution Manager, MISYS

Stream 2 - Lessons learnt from market turmoil

Stream 1 / Stream 2

Chairman’s remarks: Kathleen Kearney, Senior Staff Writer, ASIA RISK

10.50 Counterparty risk management – a clearing

Assessing pitfalls of traditional counterparty risk management
Case study: Clearing for the newly formed Hong Kong Mercantile Exchange
Clearing OTC products: equities, commodities and interest rates
What makes OTC clearing difficult and challenging?
The future role of clearing houses in counterparty risk management
Simon Grensted, Managing Director, LCH CLEARNET GROUP

11.35 Liquidity risk management: the role of central bank refinancing

The current market turbulence from a central bank perspective
An overview and typology of measures applied by central banks in the current market turbulence
Ensuring broad central bank collateral eligibility while maintaining adequate risk control;
The cross border dimension of central bank measures
Ulrich Bindseil, Head of Risk Management, EUROPEAN CENTRAL BANK

12.15 Lunch and an opportunity to visit the exhibition

13.15 The mastermind of investing in developing economies

Which developing economies pose the greatest risks and opportunities?
Common misconception about investing in emerging markets
Comparing growth potentials in China and India
How have inflation and the market turmoil compounded the investment / project finance decisions

Vivek Pathak, Chief Credit Officer, Credit Review Department, INTERNATIONAL FINANCE CORPORATION

13.55 Managing FX exposure in turbulent times

2007: a year of changes in market risks
Investment style and pay off function
Multi-trading styles vs. single
Portfolio construction issues

Pierre Lequeux, Chief Investment Officer , Currency Management, FORTIS INVESTMENTS

14.35 Afternoon break and an opportunity to visit the exhibition

15.05 Understanding the threats and opportunities in the energy world

Key findings of the World Energy Outlook 2008
Global energy trends
Oil and gas supply prospects and prices
Energy investment: trends by region and energy source
Opportunities and risks in the upstream industry

Trevor Morgan, Senior Economist, Economic Analysis Division , INTERNATIONAL ENERGY AGENCY

15.45 Risk management in emerging markets

• Adoption of enterprise risk management: a case study by India’s largest mutual fund
• Using risk forecasting to manage market changes
• Distinct risk management challenges in India
• Does risk management in India keep up with the booming economy?

Lav Chaturvedi, Chief Risk Officer, RELIANCE CAPITAL

16.25 China: the future of cross-border investments

China's economic stimulus plan: what are the investment opportunities? When is the best time to invest?
QDII and QFII: impact on landscape of investments in China and forthcoming opportunities
The Chinese stock gloom: when is it going to be over
The future of yuan and the liquidity of yuan bond investments

Andrew Fung, General Manager, Head of Investment and Insurance, HANG SENG BANK