Fall 2014 ETP Trading & Investing Forum – Agenda
Transcription
Fall 2014 ETP Trading & Investing Forum – Agenda
Fall 2014 ETP Trading & Investing Forum – Agenda 8:00-8:30 Registration/Continental Breakfast November 19, 2014 8:30-8:40 Welcoming Remarks 8:40-9:30 Wealth Management Session Opening Discussion: State of the Markets/Emerging Trends Moderator: Panelists: Jeff Macke, Host of Breakout, Yahoo Finance Josh Brown, CEO, Ritholz Wealth Management Nick Cherney, CIO, Velocity Shares Joe Anthony, President - Financial Services, GREGORY FCA Matthew Tuttle, CIO, Tuttle Tactical Management 9:35-10:25 Portfolio Construction: How to select the right ETP? With 1,600+ US listed ETPs, it is a daunting task to select the right instrument for the ETF consumer. We will explore the metrics used in any ETF due diligence process including: issuer and index providers, liquidity in the primary and secondary markets, associated costs - both explicit and variable fees. Moderator: Panelists: Mike Boucher, Portfolio Manager, Fidelity Investments Larry Whistler, President & CIO, Nottingham Advisors Thomas Mosel, Managing Director, Windhaven Investment Management Justin Sibears, Quantitative Strategies Group, Newfound Research Randy Bullard, ETF Solutions Group, Cantor Fitzgerald 10:30-11:20 ETF Liquidity and the Individual Investor The media, AP community and broker dealers have made great strides to educate a new base of ETF consumers which continues to grow. Yet, ETFs remain a different and unique investment vehicle which requires an even deeper understanding on the part of the investor. We will explore and explain the difference between primary and secondary market liquidity, market impact costs, market participants, basket construction, the mechanics of different asset classes and the structure of the creation/redemption process. Moderator: Panelists: Jason Lichten, Director of Equities and Listed Derivatives, Wolverine Execution Services Robyn Misiano, Head Equity Trader, Boston Advisors Steve Sachs, Head of Capital Markets, ProShare Advisors Scott Dooley, CIO, Fusion Investment Management Dodd Kittsley, Head of ETF Strategy & National Accounts, Deutsche Asset & Wealth Management 11:20-11:30 Break www.expertseries.org 11:30-12:20 Frontier Markets - the next EM? Emerging Markets have been part of diversified portfolios for the growth they provide and diversification effect. Lately, current events and a global currency shifts have adversely affected these economies. Perhaps investors should be looking towards Frontier Markets, as we postulate, some countries may be investors next Emerging Market. In this panel, we look at the differentiation between individual countries within relevant benchmarks, liquidity and the time frames associated with an appropriate asset allocation. Moderator: Panelists: Darshan Bhatt, Co-Founder/Deputy CIO, Glovista Investments Morgan Harting, Senior Portfolio Manager, Alliance Bernstein Phil Mackintosh, Head of Trading Strategy and Analysis, KCG Holdings Francis Rodilosso, Portfolio Manager, Van Eck Global 12:25-1:15 Mainstreaming Alternatives – The Growth of the 1940 Act Space We examine ETP, CEF and Mutual Fund strategies that investors are employing to gain access to alternative asset classes including commodities, currency, real estate, long-short and hedge funds. We will discuss key issues, benchmark conventions, open architecture, levels of transparency, and the new investor base as we hear from leaders in the field. Moderator: Panelists: Matthew Kerfoot, Partner, Dechert LLP Christian Hoffmann, Director, Liquid Alternatives, Credit Suisse Asset Management Ethan Powell, Chief Product Strategist, Highland Capital management Kim Flynn, SVP, Head of Product Development, Nuveen Asset Management Dennis Bowden, Managing Director, U.S. Mutual Fund Research, Strategic Insight 1:15-1:20 Session Wrap-Up/Session Surveys 1:20 – 1:55 Lunch – Intermission - Networking 1:55-2:00 Session Welcoming Remarks 2:00-2:30 Institutional Program – Session Keynote Address Mark Yusko, CEO & CIO, Morgan Creek Capital Management 2:35-3:25 Complex World of Credit and Fixed Income Investing Since the financial crisis, the fixed income markets have undergone a series of significant changes, re-defined the current role of bank trading desks, regulatory capital and the implementation of Dodd-Frank. In an environment of low treasury yields and volatile equities, credit has become an asset class of increasing interest both in terms of the yield potential and uncorrelated returns. In addition to “traditional” fixed income instruments, we will discuss more complex strategies, investment structures and their suitability within a managed portfolio. www.expertseries.org Moderator: Panelists: Alex von Obelitz, ETF Strategist, PIMCO Bob Kricheff, Portfolio Manager, Shenkman Capital Brian Good or Mike Herzig, Portfolio Manager, THL Credit Ronnie Jaber, Portfolio Manager, Carlyle Group Lee Shaiman, Senior Portfolio Manager, GSO 3:25-3:35 Break 3:40-4:30 Institutional Asset Owners Roundtable The business of managing capital is a long term endeavor. Alternative investments have become a clear strategy as CIOs look to reevaluate their allocation on the efficient frontier. Increasing forays into alternatives are not without their risks, however, careful due diligence and manager selection can increase chances of superior performance. We discuss Risk Management, Compliance, Reporting, Transparency, Performance Measurement, Re-Risking or De-Risking. Moderator: Panelists: Frank Paone, Partner, Director of Institutional Investor Services, Lord Abbott Edgar Sullivan, Ph.D., Senior Strategist, SECOR Asset Management Paul Joss, Investment Strategist, Hartford Investment Management 4:35-5:25 Best Execution: What Are The Implicit Challenges Practitioners Face? The term best execution is difficult to define, measure and obtain on a consistent basis. The SEC helps us by telling us brokers are legally required to seek the best execution reasonably available for their customers' orders. While it is not possible to always know our customers objectives, we have a rich framework for discussion. Issues to be discussed include the interrelationships between the different market participants, investors and the rules by which we need to follow. Our industry experts will discuss the major considerations and drivers of liquidity for a wide range of asset classes. Moderator: Panelists: David Abner, Head of Capital Markets, WisdomTree Asset Management Will Wall, Senior Trader, Riverfront Investment Group Jay Fraser, Head of Business Development, IEX Group Haddon Kirk, Head ETF Trader, UBS Securities Thomas Picciochi, Multi-Asset Portfolio Management & Trading, QS Investors 5:25-5:30 Closing Remarks/Event Surveys Chris Romano, Director of Research Applications, ETF Global 5:30 Networking Cocktail Reception – sponsored by indxx and ETF Issuer Solutions Immediately following the program, there will be a complimentary reception for all participants ***** www.expertseries.org