Preliminary Agenda
Please note that this agenda is in draft format. Topic descriptions and timings are open to change.
08.30 Registration and breakfast
08.50 Welcome address: Structured Products magazine
08.55 Chairs opening remarks
Ronan Smith, Director, Ronan Smith Independent Consulting Limited
09.00 Exploring the current state of the Irish structured products market
• Irish structured products against the backdrop of economic turmoil
• Structured products - the value proposition
• Where will market growth come from in 2012?
• How is the sector responding to investor uncertainty?
Derek Sheehan, Head of Corporate and Institutional Sales, Structured Investment Products, Ulster Bank
Maria Padden, Ulster Bank
09.30 Guest Address: Regulating the structured products industry in Ireland
• Structured products and regulation - learning from the past
• Update on progress of the revised Consumer Protection Code and the implications it will have for structured products
• EU legislation and how it interacts with domestic regulation in this sector looking at PRIPs, UCITS IV and the AIFM Directive
Professor Brian O'Kelly, Adjunct Professor of Finance, Dcu Business School
10.00 Industry Roundtable: Discussing the challenges and opportunities in an environment of increased regulation and investor caution
• What are investors they looking for from structured products - growth vs. income?
• Spin vs. reality - what can the industry do to overcome consumer mistrust and misunderstanding of the structured products market?
• Effectively communicating investment risk where appropriate
• Responding to the regulatory regime
• Innovation vs. vanilla - getting the mix right
Moderator: Tim Mortimer, Managing Director, Future Value Consultants
Graham Brooks, Director, F&C Ireland
Vince Digby QFA, Impartial.ie
Niall Duggan, Managing director, Duggan Asset Management, Duggan Asset Management
10.40 Morning break and an opportunity to visit the exhibition
11.10 Structured product solutions in a challenging market
• Moving away from the viewpoint of structured products as just a safe haven
• Structuring products in a low interest rate environment
• Exploring the success of the split deposit product - what comes next?
• Calculating and managing exposure to volatility
• Learning from the structured products markets in Europe - what is performing there?
Iain Cahill, Director, The Art of Wealth Ltd.
11.40 Structured product development in the UK market
• Characterising the UK structured products market
• Key trends and challenges in the light of the financial downturn
• Case study: Auto callables - understanding the product and how it is performing
• The outlook for the UK market
Tim Mortimer, Managing Director, Future Value Consultants
12.10 Assessing and managing counterparty risk
• Monitoring credit exposure - where are the risks in the current volatile environment?
• Exploring measures to protect against counterparty failure
• Risks of long vs. short-term exposure
• Responsibilities of product providers and advisors in disclosing underwriter information
Christian Donagh, Partner, Structured Finance and Derivatives Group, Matheson Ormsby Prentice
12.40 Lunch
14.00 Structured investment opportunities in a low carbon world
• Climate change impacts on investors
• Opportunities, threats and obligations in new markets
• Investment products for the new age
Paul Harris, Head of Natural Resources Risk Management, Bank of Ireland Global Markets
14.30 Structured products in the new pensions regime
• Exploring the recent changes in the legal and tax environment for pension saving
• How are investors responding?
• What are the implications for structured funds in this sector?
• Examining prospects for pension-type savings products without tax benefits and withdrawal restrictions
John McDonnell, Director, Bespoke Trustees Limited
15.00 Self directed investment - the role of electronic trading platforms
Opportunity to visit the Ulster Bank stand in the Exhibition Area for an interactive electronic markets masterclass. Learn how to tailor, price and execute your own structured product on-line. Explore customisable pay-off structures and secondary market trading opportunities across a wide variety of markets and underlyings
15.10 Afternoon break and an opportunity to visit the exhibition
15.40 Diversifying exposure: Rewards vs. risks of foreign exchange, commodity
linked and interest rate structured products in an investor's portfolio
• What is the investor appetite for asset classes beyond equities and bonds?
• Prospects for generating income and growth
• Exploring key trends and performance in each asset class
• Where are the new opportunities?
Patrick O'Sullivan, Head of Investment Strategy, Irish Life Retail
16.10 Champagne Roundtable: The future of structured products in Ireland
• Forecasting the prospects for structured products in the coming year
• Meeting the challenge of risk aversion in designing new products and working in different asset classes
• Identifying areas for growth
Moderator: Tim Mortimer, Managing Director, Future Value Consultants
Bruno Doutrelepont, Head of Wealth Management, BNP PARIBAS PRIVATE BANK
Peter Tompkins, Managing Director, Red Star Fish
Aidan Quinlan, Director, HSBC Private Banking
16.50 Chairs closing remarks
17.00 Close of conference
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