May 9, 2017
8:30am – 3:00pm
JW Marriott Hotel, Hong Kong
|8:15am – 9:00am||Registration and Networking – Foyer, Ballroom|
|9:00am – 9:15am||Welcome Address – Salon 5 & 6, Ballroom|
|9:15am – 10:15am||CEOs in debate | Strength in unity or autonomy? – Salon 5 & 6, Ballroom
Is the integrated, ‘one bank’ approach to private banking better geared to meet the needs of Asia’s wealthy – many of whom remain in a wealth creation phase – or do private banks that operate as ‘independent’ business divisions or even ‘pure’ wealth managers derive key advantages from their relative autonomy? While surely not a binary dilemma, the alignment between value proposition and business model matters more than ever, as issues of scalability, regulatory tightening, independence of advice and product offering and, ultimately, business sustainability loom large in the industry. This CEO panel promises to strike at the heart of what it takes to bank Asia’s wealthy.
|10:15am – 11:00am||Panel | 2017 IPS Trends –
Salon 5&6, Ballroom
Private banks continue to struggle to convince Asian HNWIs to take risks or reduce their heavily overweight fixed income allocations, despite reflationary momentum driven by recovering growth and promises of political reform. But not all is lost. Clients continue to seek predictable income through fixed maturity solutions. Equity strategies focused on long-term structural thematic trends, both in public and private markets, continue to garner interest. Increasingly charitability in Asia has opened up opportunities for strategies that produce social returns or investments based on ESG best practices.
What investment trends are likely to find favour with Asian HNWIs this year? Join AXA Investment Managers, Capital Group and leading wealth managers to exchange insights on how Asian HNWIs could approach a new market environment.
Invite-only Roundtable | Structured product investing without a directional view – Queensway & Victoria Room
Aversion against directional bets, market timing and asset correlation are all fears that Asian HNWIs have demonstrated as global economies shift into a less than familiar environment.
Citi and Vontobel will host a small discussion of leading wealth managers examining the state of structured product appetite in Asia and how providers can help improve sentiments through effective solutions without taking a directional view.
|11:00am – 11:20am||Networking Coffee – Foyer, Ballroom|
|11:20am – 12:05pm||Workshop 1 | Do not miss ‘Robolution’ – Salon 4, Ballroom
We are at the early stages of the robotics revolution, the robotics market is expected to grow by 10% a year until 20251. While this is an emerging multi-decade theme, it is already an investible area from which AXA Investment Managers aim to select 40 to 60 fast growth companies to build a global portfolio diversified across market cap and sectors. Robotics will continue to have a significant impact on society for years to come and an increasing number of new listed small and mid-cap companies will become investment opportunities over time.
AXA IM have a long history and track record in thematic equity investing (e.g. technology, healthcare, biotech, listed property etc.). We have been early adopters of the robotics trend and have been investing in areas such as industrial automation, autonomous vehicles and robot assisted surgery for a number of years in other strategies. We fundamentally believe you need an active manager to access new growth areas such as robotics.
Workshop 2 | Are investors ready for the new era of globalisation? – Salon 5&6, Ballroom
Is the world de-globalising? News headlines suggest so. Global trade growth has slowed. The new US administration’s decisions to withdraw from the Trans-Pacific Partnership and consider border taxes are further examples of a shift towards protectionism. But there are good reasons to believe that globalisation is simply entering a new chapter. We discuss what the changing environment means for companies, and how investors can position their portfolios to benefit.
Workshop 3 | ESG’s Place in Investment Portfolios: Performing for the Future – Queensway & Victoria Room
Sustainability is clearly one of the humanity’s most important goals. In the investment world, more and more investors are concluding that environmental, social and governance (ESG) factors are important when managing assets for the long term. ESG may sound less relevant to private banks and individual investors compared to large institutions. However, we believe the opportunities of ESG investing and the risks of ignoring ESG should not be overlooked. In the workshop, we will discuss the basics of ESG, address some of the common misconceptions, and provide some tips on how investors might factor ESG considerations into their portfolios.
|12:05pm – 12:50pm||
Workshop 4 | Is Fixed Income Still Relevant in a Rising Rate Environment? –
Salon 5 & 6, Ballroom
The U.S. Federal Reserve is increasing short-term interest rates and the European Central Bank has begun to taper their bond purchase program. U.S. President Trump promised tax cuts, infrastructure spending, and deregulation even though the U.S. economy is operating near full employment. Will the reduction in monetary policy accommodation and potential increase in inflation cause losses for fixed income investors or are there investment strategies which can provide stable income and preserve capital? We will discuss the history of rising interest rate cycles, why this time may be different, and strategies that global investors are using today to diversify and protect their portfolios.
Workshop 5 | Asia Equities: Small is Beautiful – Salon 4, Ballroom
Some of the greatest corporate transformations driven by technology are occurring in Asia, a region that is now similar in size to the United States in terms of nominal GDP. An on-the-ground research presence in Asia and a thorough knowledge of company strategies and managements are among the key success factors in realizing one of the largest alpha opportunities in global equity markets, particularly among many hundreds of investable, high-quality, under-researched small and mid-cap stocks in Asia. We will also discuss why in this third and final phase of the market’s normalization after the great financial crisis, asset owners are likely to increase their investment allocation to equities and to embrace a more active stance.
|12:50pm – 1:50pm||Closing C-suite Panel | “走出去”：How do China’s wealth managers intend to compete offshore? – Salon 5 & 6, Ballroom
Chinese private banks and wealth managers may dominate the country’s onshore market, but a number of major players have now set their sights on capturing a larger share of offshore wealth in Asia and beyond. But is this too much too soon, especially given the relative adolescence of Chinese wealth managers vis-a-vis their mature international counterparts. This panel confronts the opportunities and challenges facing Chinese private banks and wealth managers and their offshore strategies across proposition and product, client and talent acquisition and regulations.
|1:50pm – 3pm||Networking Luncheon|
Arjan De Boer
Head of Markets and Investment Solutions, Asia
Head of Multi-Asset Research Asia
Regional Head, Products & Solutions, Asia and Middle East
ABN ARMO Private Bank
Head, Investment Advisory
Hang Seng Private Bank
Head of Investment Consulting Singapore
Head Content Management APAC, Head Program Module Management APAC, Investment Management
UBS Wealth Management
Lim Soon Chong
Regional Head, Investment Products & Advisory
Consumer Banking Group & Wealth Management
Head of Client Investment Specialists APAC
UBS Wealth Management
Head Advisory Portfolio Management
Bank of Singapore
Head, Advisory Services, Asia
Pictet & Cie
Head of Investment Consulting, Greater China
Head of Markets & Investment Solutions, Singapore
Indosuez Wealth Management
Head IPS Client Portfolio Management APAC
UBS Wealth Management
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