Day 2- Thursday 10th November 2016

08:20 AM - 08:40 AM Registration and Breakfast

08:40 AM - 08:45 AM Chairperson’s Opening Remarks

Adrienne Lawler, Former Anchor, BBC and SKY

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Adrienne Lawler

Former Anchor
BBC and SKY

As fixed income markets transform and the way you trade on a daily basis changes, many industry experts not only suggest that changes in technology and market structure is required, but also a change in mindset. With your roles and the way you plan and execute trades changing, new innovative ways of thinking and working also need to be adopted to help both the buy and sell side progress and harness change. Attend this industry leading panel where they will discuss:

  • Is a behavioural change needed to help unlock new liquidity and push innovation further across the market?
  • Old vs young – How is the style of trading differing for a new generation of traders with increased eTrading in fixed income?
  • Juniorisation of the sell side- What is the impact on the quality of advice, quality of research and quality of service as experienced staff are let go from the sell side and how can these concerns be addressed?
  • Raising the bar of trading- What skillsets are key in modern markets for your trading and investment teams to prosper?
  • Debate- Will fixed income trading behaviour become more equity like in future?

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Jonathan Gray

Head of Fixed Income, EMEA
Liquidnet
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Louise Drummond

Head of Fixed Income and FX Dealing
Aberdeen AM
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Mariano Goldfischer

Managing Director, Global Head Credit Trading and Syndicate
Crédit Agricole
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Michael Schmidt

Chairman
Algomi
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Thomas Jaques

Vice President and Consultant
Greenwich Associates
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Mike Poole

Fixed Income Dealer
Jupiter Asset Management
  • Empowering your trading and investment functions- How can you set up internal processes to improve workflow efficiency across trading and portfolio management?
  • Traders vs PMs- Should your dealers just be focused solely on execution, or should they also work in an advisory role to provide expertise on certain trades?
  • How is automation changing the dialogue between portfolio managers and traders?
  • Skillsets of the future- What are the requirements of both traders and portfolio managers to successfully thrive in liquidity deprived markets?

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Juan Landazabal

Global Head of Fixed Income Trading
Deutsche AWM
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Steven Swan

Global Head of Trading
Standard Life
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Nick Robinson

Former Fixed Income Head of Trading
Schroders
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Stephane Malrait

Global Head of Financial Markets eCommerce
ING
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Gareth Coltman

Head of European Product Management
MarketAxess
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Thomas Jaques

Vice President and Consultant
Greenwich Associates

10:05 AM - 10:25 AM Economic Keynote: The year ahead- What will be the key macro indicators in 2017 and how will this impact your fixed income markets?

James Ashley, Head of International Markets Strategy, Goldman Sachs Asset Management
  • Global outlook- What is the medium-long term outlook for mature economies and how can you use this to your benefit?

  • What themes will dominate the fixed income agenda over the next 12 months and how can you steer your desk through these new changes?

  • Will global divergence in economic growth and monetary policy continue into 2017 or could we finally see a stabilising global economy?

  • How has the US rate hike impacted global markets- Could we see a further hike over the next 12 months or are the risks too great?


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James Ashley

Head of International Markets Strategy
Goldman Sachs Asset Management

10:25 AM - 10:45 AM Industry Perspective: Setting FICC Markets Standards: How can buy and sell side collaboration be brought forward to promote Standards in Wholesale Markets

Standards have a crucial and, until recently, neglected role to play alongside regulation in improving conduct and trust in financial markets. The FICC Markets Standards Board, set up following the Fair and Effective Markets Review, brings together sell side, buy side and corporate users of the markets. Attend this session where you will gain clarity on the new market standards board:

  • How can risks and uncertainties be avoided in wholesale financial markets
  • How can the FICC industry agree and promote standards to improve conduct and market practice
  • What steps can the FICC market standards board take to ensure the process is transparent to market participants
  • How are close working relationships with regulators and authorities internationally helping bring these market standards forward?

10:45 AM - 11:15 AM Morning Networking Break

Track A: Gaining The Critical Information Edge

11:15 AM - 11:55 AM 360° Perspective: How can you improve your access to fixed income market data to support your pre trade analysis?

, , Erik Tham, Executive Director, Fixed Income Execution Desk, UBS Wealth Management Elizabeth Duggan, Managing Director, ICE Data Services , , , , David Krein, Head of Research, MarketAxess
  • How do different participants from the buy and sell side rank their market data to establish effective trading recommendations?

  • How can you improve your market data capture and plug into new sources to support your trading decisions?

  • Separating the good from the bad- What is good and bad market data?

  • Big data analytics- How can you analyse your market data to look for themes and new trends across markets?

  • Pre-trade analysis- What makes a successful pre-trade information tool and how can you implement this on your desk?


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Erik Tham

Executive Director, Fixed Income Execution Desk
UBS Wealth Management
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Elizabeth Duggan

Managing Director
ICE Data Services
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David Krein

Head of Research
MarketAxess

Track B: Diversifying Your Portfolio

11:15 AM - 11:55 AM 360° Perspective: The hunt for yield in the backdrop of interest rate rises- Which strategies should you implement to give your portfolio the best exposure?

David Saab, Managing Director, JP Morgan Private Bank Javier Dominguez, Managing Partner, Auriga Global Investors Yoav Git, Partner, Head of Fixed Income, MAN AHL Alexis Renault, ED, Global Head of High Yield, Oddo Meriten Asset Management Erik Vynckier, Board Member, Foresters Friendly Society
  • Rising rates in the US and a stronger dollar- How will this impact the yield across your portfolio?

  • How should you position your portfolio on the yield curve and how can you minimise the impact of negative yields?

  • How negative can the yields get and how short can the curve get- Where do you go from here?

  • What strategies can you put in place to generate extra yield without taking on too much risk?

  • When interest rates finally rise, what impact will this have on the yield curve?


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Javier Dominguez

Managing Partner
Auriga Global Investors
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David Saab

Managing Director
JP Morgan Private Bank
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Yoav Git

Partner, Head of Fixed Income
MAN AHL
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Alexis Renault

ED, Global Head of High Yield
Oddo Meriten Asset Management
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Erik Vynckier

Board Member
Foresters Friendly Society

Track C: Small Interactive Boardrooms and Workshops

11:15 AM - 11:55 AM MiFID II Workshop: Transparency on MiFID II- All you need to know to practically prepare your front office for the new MiFID II requirements

Arjun Singh-Muchelle, Senior Advisor, Regulatory Affairs, Investment Association

Maximum 25 Delegates

  • All you need to know about MiFID II- What are the key areas which will have a direct impact on your front office?
  • How can you best use the additional time from the MiFID II delay to your advantage?
  • Setting your strategy- What practical steps do you to follow to best prepare for these new requirements?
  • What resources and technology do you need to prepare for the MiFID II deadline?
  • What will the impact of MiFID II be on liquidity, workflow and interaction between dealers and clients?

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Arjun Singh-Muchelle

Senior Advisor, Regulatory Affairs
Investment Association
  • Should there be a single methodology for fixed income TCA?

  • What are the key demands of fixed income TCA?

  • What are the implementation policies and costs to make bespoke TCA for fixed income?

  • How can you use TCA to find market liquidity where others will not?

  • How can you use your TCA to take advantage of new ways of trading?


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Alex Sedgwick

Vice President, Fixed Income Market Structure
T. Rowe Price
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James Wallin

Senior Vice President, Fixed Income
Alliance Bernstein
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Russ Oxley

Independent advisor
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Marcus Hooper

Strategy Consultant
Sarasin and Partners
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Nick Robinson

Former Fixed Income Head of Trading
Schroders
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Mike Googe

Global Head, Post-Trade Transaction Cost Analysis
Bloomberg L.P.
  • What are the key trends and themes that will dominate EM and generate returns over the next 12 months?

  • Long vs short term- Which countries should you invest in over the next 12 months?

  • How are different markets reacting to the interest rate rise in the US and what opportunities does this bring?

  • What is the relationship between commodity prices and EM trends and how does this influence EM trading?

  • Debt restructuring- Are we going to see more of this in EM countries?


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Brigitte Le Bris

Head of Fixed Income
Natixis Asset Management
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Shahzad Hasan

Senior Portfolio Manager
Allianz Global Investors
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Tim Beck

Head of Credit and Event Driven Strategies
Stenham Advisors Plc
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David Saab

Managing Director
JP Morgan Private Bank

Track C: Small Interactive Boardrooms and Workshops

11:55 AM - 12:35 PM TRACK C CONTINUED

Track A: Gaining The Critical Information Edge

12:35 PM - 12:55 PM Industry Perspective: Embracing technology- How can you bring market data and TCA together to prosper?

Yann Couellan, Head of Fixed Income Trading France, AXA Investment Management
  • Perception vs reality- How can you use data to monitor liquidity conditions?
  • How can you combine both your market data and TCA to establish the best sell side partners and understand the best partners to trade with?
  • Learning from TCA to challenge perception- what is an effective methodology for utilising fixed income TCA?
  • How can you use TCA to fully maximise buy side traders performances?

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Yann Couellan

Head of Fixed Income Trading France
AXA Investment Management

Track B: Diversifying Your Portfolio

12:35 PM - 12:55 PM Industry Perspective: Tapping into Chinese bond markets- What is driving the growth of China’s bond market and where do the lucrative investment opportunities lie?

Qinwei Wang, Economist, Multi Asset Investments, Pioneer Investments, London
  • Chinese macro indicators- With the economy on a slowing trend can it still provide a profitable haven for fixed income investing in the near future?

  • How does Chinese monetary policy impact investment in Chinese bonds?

  • What hurdles do you face when trying to gain access to Chinese bond markets and how can they be overcome?

  • Where do the key trends lie in 2017 and what products can provide the most profitable returns over the next 12 months?


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Qinwei Wang

Economist, Multi Asset Investments
Pioneer Investments, London

Track C: Small Interactive Boardrooms and Workshops

12:35 PM - 12:55 PM TRACK C CONTINUED

Networking Lunch

12:55 PM - 2:00 PM Networking Lunch

Women in Trading Think Tank:

12:55 PM - 2:00 PM How can the fixed income industry better attract, develop and retain top female talent?

Paul Malloy, Head of Fixed Income Trading, Vanguard Carola Jansen, Senior Trader FI & Derivatives, Kempen Capital Management Louise Drummond, Head of Fixed Income and FX Dealing, Aberdeen AM

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Paul Malloy

Head of Fixed Income Trading
Vanguard
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Carola Jansen

Senior Trader FI & Derivatives
Kempen Capital Management
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Louise Drummond

Head of Fixed Income and FX Dealing
Aberdeen AM

Increasing Workflow Efficiency

2:00 PM - 2:20 PM Industry Perspective: Realising the benefits of a truly multi asset desk- How to eliminate major roadblocks to make your vision for a streamlined trading business a reality?

Christoph Hock, Head of Trading, Union Investments

As capital markets advance buy side firms are now moving towards the idea of running a multi-asset trading hub. With increased correlation between asset classes, alongside the ever increasing need for belt-tightening, multi asset trading is becoming more of a reality. Attend this session where you will learn:

  • Setting up a multi asset desk- How can this be done and what skillsets does a trader need?

  • How can a multi asset desk help leverage combined execution market intelligence?

  • What technological tools can you incorporate that can facilitate a multi-asset model?

  • How does the electronification of fixed income markets enable the rise of multi asset trading?

  • Low touch vs high touch trading- Outlining what types of fixed income trading are best suited to a multi-asset model


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Christoph Hock

Head of Trading
Union Investments

De-Mystifying Blockchain

2:20 PM - 2:40 PM Industry Perspective: Unlocking Blockchain’s potential- How can this new technology revolutionise capital markets to slash costs and reduce risk?

Brian Fabian Crain, Head of Business Development, Eris Industries

Blockchain has become a buzzword for many financial market experts, stating it has the potential to transform capital markets as a whole, further changing the traditional methods of trading both bonds and derivatives. Over the last 12 months, the talk of Blockchain has further gained momentum, and more leading firms across capital markets are now turning their attention to this technology to better understand the benefits it can bring. Attend this session to get clarity on Blockchain, where you will learn:

  • How does Blockchain work and what benefits can this new technology bring to capital markets as a whole?

  • Building Blockchain- What is the underlying structure to blockchain and how can this improve efficiency across the full trade lifecycle?

  • Integrating Blockchain- What are the realistic timelines for Blockchain to become a reality in capital markets?

  • Challenging the status quo- What impacts could distributed ledger technology have on the market structure?


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Brian Fabian Crain

Head of Business Development
Eris Industries

Tackling Your Big Issues In 2017

2:40 PM - 3:20 PM Conference Wrap-up: Tailor the content- Your final chance to have your unresolved fixed income pain points resolved

, , Erik Tham, Executive Director, Fixed Income Execution Desk, UBS Wealth Management David Bullen, Director, Bullen Management Patrick Fleur, Head of the Trading & Execution Desk, PGGM Russ Oxley, Independent advisor, .

Audience Participation

Our final session at the 2016 edition of the Fixed Income Leaders Summit will be designed by you. Throughout the two days, post a question regarding the biggest challenge you are currently facing to ensure it is addressed at the conference, and the most popular topics will be chosen by the audience for our panel of experts to provide insights on; make the most of this unique opportunity to shape the agenda yourself. Our knowledgeable panel will provide expertise on:

  • Execution

  • Technology

  • Strategy

  • Market Structure

  • Regulation


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Erik Tham

Executive Director, Fixed Income Execution Desk
UBS Wealth Management
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David Bullen

Director
Bullen Management
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Patrick Fleur

Head of the Trading & Execution Desk
PGGM
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Russ Oxley

Independent advisor
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3:20 PM - 3:25 PM Chairperson’s Closing Remarks

Adrienne Lawler, Former Anchor, BBC and SKY

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Adrienne Lawler

Former Anchor
BBC and SKY

3:25 PM - 11:59 PM Conference Close