Tuesday, June 18th, 2013
1:48 PM
Global ABS 2013 Registration Opens
1:48 PM
Exhibit Hall Opens
1:48 PM Track A
Track A: Securitisation 101

SPEAKERS:

  • Kieran Desmond, Global Head of Structured Finance Services (TMF GROUP)
1:48 PM Track B
Track B: Investing in the US vs. Europe
Key differentiating factors to consider:
  • Sectors
  • Liquidity
  • Transparency
  • Performance

SPEAKERS:

  • David Lukach, Partner (PWC)
  • Rob Ford, Portfolio Manager (TWENTYFOUR ASSET MANAGEMENT)
  • Francisco Paez, Head of ABS and CMBS (METLIFE)
  • Henry Cooke, Investment Manager (THREADNEEDLE)
  • Greg Branch, Partner / Chief Investment Officer (SCIO CAPITAL)
1:48 PM Track C
Track C: Pricing Valuation and Execution Challenges
  • Pricing jet lag? How can the timeliness of price fluctuation reporting be improved?
  • Traders, limited access to consistent information flow and the impact on execution
  • Addressing the lack of consistency in data and reassessing the reliability of underlying models

SPEAKERS:

  • Ned Myers, VP Capital Markets Strategy (BLACK KNIGHT FINANCIAL SERVICES)
  • Frank Serravalli, Lead Partner (PWC)
  • Kevin Samborn, Vice President (SAPIENT GLOBAL MARKETS)
  • Nicholas Fusco, Director (MARKIT)
1:48 PM Track D
Track D: Understanding the New Basel Capital Approaches: The 'Black Box' of Regulatory Capital Determination and Its Limits
  • Originators and Investors: why it is important for you
  • What drives the various approaches?
  • Shortcomings of the MSFA, SSFA and RRBA
  • The need for a simpler alternative: the Arbitrage-Free Approach (AFA)

SPEAKERS:

  • Alexander Batchvarov, Managing Director (BANK OF AMERICA MERRILL LYNCH)
  • Georges Duponcheele, Head of Banking Solutions - Private Side (BNP PARIBAS)
  • William Perraudin, Director (RISK CONTROL LIMITED)
  • Alastair Pickett, Director, Risk & Capital Solutions (RBS)
1:48 PM Track A
Track A: ABS Regulations 101: What Investors Need to Know
  • Overview of recent and pending regulatory initiatives and their impact on asset allocation strategy in the ABS sector
  • Comparing the impact of market driven initiatives(e.g. PCS)  vs. government regulation

SPEAKERS:

  • Phoebe Moreo, Partner (DELOITTE & TOUCHE LLP)
  • Andrew Burgess, Partner (PRYTANIA INVESTMENT ADVISORS LLP)
  • Mark Lewis, Managing Director, Head of PCS Operations (PRIME COLLATERALISED SECURITIES)
  • Ian Sideris, Partner (SIMMONS & SIMMONS)
4:20 PM Track B
Track B: Overview of the Various ABS Sectors Favorable for Investing
  • Where does ABS fit within a broader portfolio?
  • Distinguishing among the various asset classes

SPEAKERS:

  • John Calabrese, Managing Director (GUGGENHEIM SECURITIES, LLC)
  • Sanjay Sridhar, Structured Finance Trading (SHOOTERS HILL CAPITAL)
  • Saul Greenberg, Managing Partner (SCIO CAPITAL)
1:48 PM Track C
Track C: Adapting to change - The Agent's View of Meeting the Challenges Facing our Industry
  • The Agent's role in supporting the evolving structured finance markets and their participants
  • The proliferation of Restructuring - how are these managed by corporate trust providers
  • Regulatory change, legislation and a domestic focus from an Agency perspective
  • The growth of infrastructure finance and the diverging role of the agent

SPEAKERS:

  • Ben Hepden, Director (DEUTSCHE BANK)
  • Alex Pashley, Vice President Corporate Trust (WELLS FARGO)
  • Mark Jones, Director - Agency & Trust (CITIBANK, N.A.)
  • Daniel Wynne, Director (WILMINGTON TRUST)
  • Stephen Norton, Director of Marketing (THE LAW DEBENTURE TRUST CORPORATION PLC)
  • Simon Porter, Partner (BAKER & MCKENZIE)
1:48 PM Track D
Track D: Understanding the CLO Market and Key Legal and Analytical Considerations for New Investors

 

SPEAKERS:

  • Luis Amador, Managing Director (MOODY'S ANALYTICS)
  • Patrick Schneider, Portfolio Manager (PIMCO)
  • Nick Shiren, Partner (CADWALADER, WICKERSHAM & TAFT LLP)
1:48 PM
Refreshment Break in Exhibit Hall
1:48 PM Track A
Track A: Covered Bonds: 101

SPEAKERS:

  • Boudewijn Dierick, Head of Flow ABS & Covered Bond Structuring (BNP PARIBAS)
  • William Sutton, Senior Associate (CLIFFORD CHANCE)
1:48 PM Track B
Track B: Actively Managing the Structured Finance Portfolio
  • Aside from regulations, what additional factors impact investors’ asset allocation strategy and how?
  • How are investors generating sufficient yields in a challenging interest rate environment?
  • Compare and contrast investor strategies: the bank investor versus the asset manager

SPEAKERS:

  • Laila Kollmorgen, Head of European Structured Products (RAYMOND JAMES)
  • Christian Holder, Director (BLACKROCK INVESTMENT MANAGEMENT)
  • Frank Meijer, Head of ABS, Covered Bonds, Mortgages and Infrastructure (AEGON ASSET MANAGEMENT)
  • Patrick Janssen, Director - Portfolio Manager (M&G INVESTMENTS)
  • Calvin Davies, Head of ABS PP Unit (NN INVESTMENT PARTNERS)
  • Vincent Mayot, Head of ABS Risk & Portfolio Management (BNP PARIBAS)
1:48 PM Track C
Track C: Key Accounting Issues & Developments
  • IFRS and how sensitivity analysis will be needed for level 3 assets 
  • Changes to impairment rules and impact on valuations 
  • Are US and European accounting practices for securitisations converging or diverging? 
  • Forecasting accounting changes in 2014

SPEAKERS:

  • Simon Stephens, Partner (DELOITTE)
  • Mark Randall, Director (PRICEWATERHOUSECOOPERS)
  • Ronan Reilly, Managing Director (TMF GROUP)
  • Vinoy Nursiah, Finance Director (SFM EUROPE)
1:48 PM
Welcoming & Opening Remarks

SPEAKERS:

  • Richard Ensor, Chairman (EUROMONEY INSTITUTIONAL INVESTOR PLC)
  • Richard Hopkin, Managing Director and Head of Fixed Income (AFME)
  • Fabrice Susini, Global Head of Securitisation (BNP PARIBAS)
1:48 PM
Assessing The Effectiveness of Global Regulations
  • How effective have recently implemented regulations been at achieving their intended goals? Shortfalls?
  • Timeline for new regulations and potential impact on the ABS markets
  • Have these regulations resulted in a more transparent market? Investors speak out
  • Impact of central bank monetary policy on origination trends and pricing
  • Is the global regulatory landscape harmonized? Are there unintentional consequences and/or conflicts looming?

SPEAKERS:

  • Jason Kravitt, Partner (MAYER BROWN LLP AND MEMBER OF AFME SECURITISATION EXECUTIVE COMMITTEE AND BOARD)
  • Alexander Batchvarov, Managing Director (BANK OF AMERICA MERRILL LYNCH)
  • Frank Meijer, Head of ABS, Covered Bonds, Mortgages and Infrastructure (AEGON ASSET MANAGEMENT)
  • Peter Jeffrey, Global Lead (PWC)
  • Jim Ahern, Global Head Securitisation (SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING)
  • Angela Clist, Partner (ALLEN & OVERY LLP)
  • Kevin Duignan, Global Head of Structured Finance (FITCH RATINGS)
  • Christine Lang, Securization Expert (FINMA)
1:48 PM
Day One of Global ABS 2013 Concludes and Welcoming Cocktail Reception Commences
Wednesday, June 19th, 2013
1:48 PM
Registration and Breakfast
1:48 PM
Assessing the Outlook for ABS Amid the Push for Growth in Europe
  • Outlook for European economic growth in 2013
  • Euro zone instability: Have we found more solid ground since Global ABS 2012, or is trouble still on the horizon?
  • What are Euro ABS issuance projections for 2013?
  • What is the outlook for bank lending activity in 2013?
  • Has the ABS investor base grown or shrunk in the last year? why?
  • How can securitization help strike the right balance between austerity and growth

SPEAKERS:

  • Kevin Ingram, Partner (CLIFFORD CHANCE)
  • Christopher Greener, EMEA Fixed Income (BLACKROCK)
  • James Hewer, Partner Structured Finance (PWC)
  • Ganesh Rajendra, Head of Credit & Mortgage Strategy, EMEA (RBS)
  • Robert Plehn, Head of Capital Markets (GE FINANCE)
  • Gordon Kerr, Structured Finance Research (DBRS RATINGS LTD.)
  • Robert Liao, Managing Director (CITI)
1:48 PM
Keynote Address

SPEAKERS:

  • Sharon Bowles, MEP; Chair (EUROPEAN PARLIAMENT'S ECONOMIC AND MONETARY AFFAIRS COMMITTEE)
1:48 PM
Keynote Address
  • Comparison of the U.S. vs. European architecture of the financial regulatory agencies
  • Recommendations for U.S. Government Sponsored Entity reform and should the European housing market adopt the GSE model?
  • Examining the role of a guarantor in the housing market and other systemic risk prevention measures
  • The role of private capital markets in funding residential real estate
  • Assessing the role of 'shadow banks' vs. traditional commercial banks, and the implications for the national housing market
  • Where is RMBS headed in the European Union? Specifically the UK, Dutch and Peripheral Economies
  • Anticipated effect of Basel on RMBS and ABS issuance in general?
  • Relative value of covered bonds as a funding tool
  • Emerging RMBS markets in the near term? Long term?

SPEAKERS:

  • James Lockhart III, Director (OFHEO 2006-2009, FHFA 2008–2009)
  • Jason Kravitt, Partner (MAYER BROWN LLP AND MEMBER OF AFME SECURITISATION EXECUTIVE COMMITTEE AND BOARD)
1:48 PM
Refreshment Break in Exhibit Hall
1:48 PM Track A
Track A: European Residential Real Estate Fundamentals
  • Home price trends across the peripheral markets (especially Southern Europe)
  • Assessing the degree of housing liquidity
  • Mortgage lending trends and availability
  • Foreclosure rates
  • New construction funding availability and housing demand

SPEAKERS:

  • Peter Damesick, Global Research & Consulting (CBRE LTD)
  • Michael Bolton, CEO & President (CLAYTON EURO RISK)
  • Altynay Davletova, Director (BANK OF AMERICA MERRILL LYNCH)
  • David Catt, COO (HOMETRACK (MEMBER OF EAA))
  • Neal Shah, Managing Director, Structured Finance (MOODY'S INVESTORS SERVICE)
1:48 PM Track B
Track B: Can Securitisation help SMEs access the capital markets?
  • What are the drivers for growth?
  • Efforts underway to assist SMEs to tap the capital markets directly
  • Diversifying funding sources: reducing bank dependency, improving access to capital markets

SPEAKERS:

  • Laurent Mitaty, Global Head of Securitisation & Distribution Solutions (SOCIETE GENERALE)
  • Reinald de Monchy, Managing Director – Wholesale Solutions (BRITISH BUSINESS BANK)
  • Alessandro Tappi, Head of Guarantees & Securitisation (EUROPEAN INVESTMENT FUND)
  • Ivan Peeters, Partner (STIBBE)
  • Raphael Thiolon, Global Structured Credit & Solution (NATIXIS)
  • Jorgen de Vries, Manager Capital Relief & Efficiency (RABOBANK)
  • Matthias Neugebauer, Managing Director (FITCH RATINGS)
1:48 PM Track C
Track C: Basel RWA Proposals for ABS: Solving for the last crisis, not the next one?
  • Do the proposals deliver on their stated objectives?
  • Is the additional complexity justified?
  • How will the proposals affect bank investors’ appetites? 
  • What will be the effect on the real economy?

SPEAKERS:

  • Kevin Hawken, Partner (MAYER BROWN INTERNATIONAL LLP)
  • Henry Cooke, Investment Manager (THREADNEEDLE)
  • Chris Dalton, Chief Executive Officer (AUSTRALIAN SECURITISATION FORUM)
  • David Covey, Managing Director, Head of European ABS Strategy (NOMURA INTERNATIONAL PLC)
  • antoine chausson, Banking Solutions- Private Side & Regulatory (BNP PARIBAS)
  • Krishna Prasad, Managing Director, Head of ABS & Mortgage Strategy (RBS)
  • Harry Noutsos, Global Head of ABS (ING BANK TREASURY)
1:48 PM Track D
Track D: “Bad Banks”: Update on Bank Deleveraging
  • How much delivering has there been since Global ABS 2012?
  • How much is left to do?
  • Spotlight on Southern Europe
  • Impact of spread tightening on investors’ search for yield across the marketplace
  • Assessing demand for mezzanine and senior bonds
  • Selling via secured funding vehicle vs. directly to private equity or hedge fund
  • Pricing considerations

SPEAKERS:

  • Jo Keighley, Executive Chairman (SFM EUROPE AND MEMBER OF AFME SECURITISATION BOARD)
  • Majharul Haque, Managing Partner (ZOLFO COOPER CAPITAL MANAGEMENT)
  • Jose Antonio Trujillo, Chief Executive Officer (INTERMONEY)
  • Markus Neuhaus, Director (DELOITTE)
  • James Watkins, Managing Director (BLACKROCK)
1:48 PM Track A
Track A: Outlook for the European RMBS Market
  • Is the cure worse than the disease? Assessing the impact of central bank monetary lending policies on ABS issuance volumes in 2013
  • What is the anticipated impact of the UK’s Funding for Lending Scheme?
  • Planning  ahead  for LTRO’s expiration  in early 2015
  • Examining economic fundamentals in Southern Europe and the impact on RMBS origination from this region
  • Impact of secondary trading volumes on primary pricing

SPEAKERS:

  • Peter Voisey, Partner (CLIFFORD CHANCE LLP)
  • Ed Panek, Portfolio Manager (HENDERSON GLOBAL INVESTORS LIMITED)
  • Jonathan Trup, Executive Director (MORGAN STANLEY)
  • Manish Peshawaria, Managing Director (WELLS FARGO SECURITIES INTERNATIONAL LIMITED)
  • Gregg Kohansky, Managing Director (FITCH RATINGS)
  • Dalibor Jarnevic, Senior ABS Trader & Product Manager (DZ BANK)
  • Paul Riley, Group Treasurer (LEEDS BUILDING SOCIETY)
1:48 PM Track B
Track B: Chasing Down Yield in the Auto Sector
  • Has yield gone awry? What is behind the spread tightening in recent auto transactions?
  • Are financing costs returning to pre-crisis levels?
  • Assessing appetite for mezzanine debt
  • Solvency II : is it a positive for shorter term auto?
  • Where is the ‘break even’ on this asset class for an investor?
  • Relativevalue of auto loan paper given tightening  spreads

SPEAKERS:

  • Ralf Hesdahl, Partner (MAYER BROWN LLP)
  • Markus Reule, Managing Director, Asset Backed Finance (RBS)
  • Andrew Scourse, Vice President (SANTANDER)
  • Bruno Franco, Senior Vice President, European ABS (DBRS)
  • Lynn Maxwell, Managing Director (HSBC BANK PLC)
  • Brent Pfeiffer, Co-Head of European Securitization (FORD CREDIT EUROPE)
  • Nathalie Esnault, Managing Director, Securitisation (CREDIT AGRICOLE CIB)
1:48 PM Track C
Track C: Solvency II
  • Where does the process stand? 
  • What are the implications for securitisation? 
  • Is investor behavior changing already? 
  • Will insurers continue to invest in securitisation at the proposed levels?
  • What are the prospects for changes in the proposals?

SPEAKERS:

  • Tauhid Ijaz, Partner (HOGAN LOVELLS)
  • Thomas Gormley, Director (ASSURED GUARANTY (EUROPE) LTD.)
  • Thomas Rivron, Director, Global Structured Credit & Solutions Europe (NATIXIS)
  • Sidika Ulker, Director (AFME)
1:48 PM Track D
Track D: How PCS Matters in the Long Run
  • Has PCS made a difference? If not yet, when?
  • Issuer feedback: what has been the experience thus far in applying for the label?
  • Investor feedback: how important is the label in the investment decision?
  • Anticipated benefits of using the PCS label
  • Potential impact of non-compliance

SPEAKERS:

  • Steve Gandy, Head of DCM Solutions (SANTANDER GLOBAL BANKING & MARKETS)
  • Rob Ford, Portfolio Manager (TWENTYFOUR ASSET MANAGEMENT)
  • Jessica Miller, Director (PRICEWATERHOUSECOOPERS)
  • Christian Aufsatz, Head of European ABS Research (BARCLAYS BANK)
  • Matthew Duncan, Partner (K&L GATES LLP)
  • Ian Bell, Head of the PCS Secretariat (PRIME COLLATERALISED SECURITIES)
1:48 PM
Luncheon for all Delegates
1:48 PM Track A
Track A: RMBS vs. Covered Bonds
  • Is there a convergence of these two products
  • Choosing your mortgage funding tool; relative value comparison
  • Will increased regulatory focus on encumbrance restrict the growth of the covered bond market?
  • How will the ratio of securitizations to covered bonds evolve in the long and short term?

SPEAKERS:

  • Simon Jones, Director (DEUTSCHE BANK)
  • Max Bronzwaer, Executive Director & Treasurer (OBVION)
  • Hon-Cheung Man, Senior Portfolio Manager (DELTA LLOYD)
  • Jared Zakrzewski, Head of Structured Funding (SANTANDER)
  • Christopher Walsh, Partner (CLIFFORD CHANCE)
  • Boudewijn Dierick, Head of Flow ABS & Covered Bond Structuring (BNP PARIBAS)
  • Juan Pablo Soriano, Managing Director Structured Finance (MOODY’S INVESTORS SERVICE)
1:48 PM Track B
Track B: Credit Card Crunch: Why the Dearth of Deals?
  • When will continental European issuance re-emerge?
  • What factors have held back issuance?
  • Outlook for deal volume in 2013
  • Conduit financing versus term ABS structures

SPEAKERS:

  • Michael McCormick, Director (HSBC)
  • Arun Sharma, Head of European ABS Structuring (BARCLAYS)
  • Alexander Garrod, Senior Vice President (DBRS RATINGS LIMITED)
  • Simon Hunt, Director, Secured Funding (BARCLAYS TREASURY)
  • Maggie Zhao, Partner (CLIFFORD CHANCE)
  • Jean-Baptiste Thiery, Deputy Head, European Structured Credit & Solutions (NATIXIS)
1:48 PM Track C
Track C: CRD IV and Basel III
  • RMBS as a High Quality Liquid Asset – can we relax?
  • Liquidity lines to SSPEs – is the LCR treatment fair?
  • What next for risk retention?
  • What is the future for synthetic securitisation?

SPEAKERS:

  • Nick Stainthorpe, Partner (REED SMITH)
  • Chris McGarry, Associate (WEIL, GOTSHAL & MANGES)
  • Robin Michaels, Head of Analytics (AGFE)
  • Alessia Garbella, Director (DELOITTE)
  • Marjan Van Der Weijden, Managing Director (FITCH RATINGS)
  • Jonathan Walsh, Partner (BAKER & MCKENZIE)
1:48 PM Track D
Track D: European CRE Finance Overview
  • Macroeconomic overview and the impact on primary, secondary and tertiary commercial properties 
  • Refinance risk

SPEAKERS:

  • Paul Severs, Head of Structured Debt and Capital Markets (BERWIN LEIGHTON PAISNER LLP)
  • Christian Aufsatz, Head of European ABS Research (BARCLAYS BANK)
  • Erik Parker, CMBS Strategist (NOMURA INTERNATIONAL PLC)
  • Jonathan Clayton, Managing Partner (VENN PARTNERS)
  • Srikanth Sankaran, Head of European ABS Strategy Research (MORGAN STANLEY)
  • James Wright, Head of Restructuring (AGFE LIMITED)
1:48 PM Track A
Track A: Relative Value in the ABS Markets: Research Analyst Roundtable

SPEAKERS:

  • Gerald Link, Senior Vice President Head of Securitizations & Asset Backed Securities (LANDESBANK BADEN-WÜRTTEMBERG (LBBW))
  • Gareth Davies, Managing Director (J.P. MORGAN)
  • Srikanth Sankaran, Head of European ABS Strategy Research (MORGAN STANLEY)
  • Conor O-Toole, Director, Head of European Asset Backed Research (DEUTSCHE BANK)
  • Phil Adams, ABS & Mortgage Strategy (RBS)
  • Ratul Roy, Managing Director, Global CDO & European ABS Strategy (CITIGROUP)
  • Sriram Soundararajan, Managing Director (JEFFERIES INTERNATIONAL LTD)
1:48 PM Track B
Track B: Financing Renewable Energy: Exploring an Uncharted Sector
  • Identifying the assets: Eligible renewable energy and infrastructure projects underway across Europe
  • The role of the EIB guarantee: mitigating construction risk and improving deal ratings and investor appetite
  • Assessing the timeline for funding maturity
  • Reducing reliance on bank lending and accessing the longer term capital markets

SPEAKERS:

  • Daniel Watkins, Partner (KINSON CAPITAL)
  • Emma Hallgren, Senior Associate, Infrastructure (AGFE)
  • Angus Duncan, Partner (CADWALADER, WICKERSHAM & TAFT LLP)
  • John Gibson, Principal (PWC)
  • Justin Passfield, Co-Founder (ORB RENEWABLE ENERGY BONDS)
1:48 PM Track C
Track C: Swaps and derivatives Regulation Update

  • Margin requirements for non-centrally cleared derivatives
  • Have the special needs of securitisation SPVs been recognized?
  • Implications of EMIR for securitsation swaps

SPEAKERS:

  • George Gooderham, Counsel (LINKLATERS)
  • Claude Brown, Partner (REED SMITH)
  • Andy Batty, Director (PWC)
1:48 PM Track D
Track D: CMBS Servicing: Are We Nearing the Edge of the Cliff?
  • As more and more CMBS refinancing loom, what are the major risks for investors? 
  • How are servicers reconciling conflicting investor interests at the various tranche levels?
  • How much longer can issuers ‘extend and pretend’?

SPEAKERS:

  • Emma Matebalavu, Partner (CLIFFORD CHANCE)
  • Mark Nichol, Senior Director-Structured Finance Research (BANK OF AMERICA MERRILL LYNCH)
  • Matthew O'Sullivan, Head of Commercial Securitisation, Credit Research - ABS (M&G INVESTMENTS)
  • Robert Leach, Senior Director (STANDARD & POOR'S RATINGS SERVICES)
  • Paul Lloyd, Managing Partner (MOUNT STREET)
1:48 PM
Refreshment Break in Exhibit Hall
1:48 PM Track A
Track A: Traders’ Roundtable: Secondary Market Liquidity

SPEAKERS:

  • William Howard Davies, Senior Vice President (PIMCO)
  • Daniel Leiter, Executive Director (MORGAN STANLEY)
  • François Morin, Head of ABS Trading (NATIXIS)
  • Warwick Scoggins, RMBS & Consumer ABS Trading (RBS)
  • Stuart Calnan, Head of European ABS Trading (BARCLAYS)
  • Craig Tipping, Managing Director (JEFFERIES INTERNATIONAL LTD)
  • Simon Jones, Head of EMEA ABS Trading & Finance (CITI)
1:48 PM Track B
Track B: Trade Receivables Securitisation: Structural Trends and Developments
  • Is Solvency II driving investors to shorter term investments such trade receivables?
  • New structural trends emerging: term ABS structures backed by short dated assets - is there a future?
  • Will term funding set a trend for trade receivables?

SPEAKERS:

  • Jeremiah Wagner, Partner (MAYER BROWN INTERNATIONAL LLP)
  • Stephen Ceurvorst, Managing Partner (LORD CAPITAL LLC)
  • Jean-Baptiste Thiery, Deputy Head, European Structured Credit & Solutions (NATIXIS)
  • Salim Nathoo, Partner (ALLEN & OVERY LLP)
  • Jerome Farges, Head of Corporate Securitisation (SOCIETE GENERALE)
  • Mark O'Keefe, Global Head of Asset Based Finance (RABOBANK )
1:48 PM Track C
Track C: Market Transparency: Loan Level Data and Disclosure Developments
  • How does transparency in securitisation measure up against other sectors?
  • The ECB LLD requirements
  • The new role of the ECB Data Warehouse
  • How has the market adjusted to the new requirements?

SPEAKERS:

  • Stephen Clarke, Senior Director - Financial Engineering (MOODY'S ANALYTICS)
  • Fernando González, Head of Risk Strategy Division (EUROPEAN CENTRAL BANK)
  • Markus Schaber, Chief Executive Officer (EUROPEAN DATAWAREHOUSE GMBH)
  • Martin Sampson, Head of European ABS/MBS Product Development (BLOOMBERG LP)
  • Jacco Samuels, Managing Director (HYPOPORT)
  • Dan Keeble, Partner (DELOITTE)
  • Arjen Wink, Director (EUROPEAN AVM ALLIANCE (EAA))
1:48 PM Track D
Track D: Restructurings and Amendments - The Role of the Trustee
  • Solvent versus insolvent
  • Back to basics
  • Value added by the trustee
  • Lessons learnt

SPEAKERS:

  • Claudio Medeossi, Consultant (CLIFFORD CHANCE)
  • Helen Tricard, Head of Restructuring and Transaction Management (BNP PARIBAS SECURITIES SERVICES)
  • Olufemi Oye, Director (DEUTSCHE BANK)
  • Jillian Hamblin, Vice President Agency & Trust (CITIBANK, N.A.)
  • Ed Leedham, General Counsel (US BANK)
  • Elkan Adler, Senior Managing Counsel & Managing Director; Head of EMEA Corporate Trust Legal (BNY MELLON)
  • Kit Johnson, Partner (HOGAN LOVELLS INTERNATIONAL LLP)
1:48 PM
Plenary: Securitisation Question Time
Recap of the major take home points from Day 1,2

SPEAKERS:

  • Fabrice Susini, Global Head of Securitisation (BNP PARIBAS)
  • Jason Kravitt, Partner (MAYER BROWN LLP AND MEMBER OF AFME SECURITISATION EXECUTIVE COMMITTEE AND BOARD)
  • Harry Noutsos, Global Head of ABS (ING BANK TREASURY)
  • Rob Ford, Portfolio Manager (TWENTYFOUR ASSET MANAGEMENT)
  • Kevin Ingram, Partner (CLIFFORD CHANCE)
  • Ganesh Rajendra, Head of Credit & Mortgage Strategy, EMEA (RBS)
  • Jim Ahern, Global Head Securitisation (SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING)
1:48 PM
Day Two of Global ABS 2013 Concludes and Cocktail Reception Commences
Thursday, June 20th, 2013
1:48 PM
Registration and Breakfast
1:48 PM
The Search for Yield: The ABS Investor Roundtable
  • Outlook for interest rates and ABS spreads
  • With spreads tightening to pre-crisis levels and a shrinking investor base, who will buy these bonds at this level going forward?
  • Where to find value post - rally? What sectors still offer an upside?
  • How to avoid the pitfalls of 2006/2007 vintages - assessing the structures and asset quality of newer vintages
  • Can new supply satiate investors’ appetite for yield and give them assurance?
  • Who will replace the real money investors that have been active in the higher yield environment of the past few years?
  • Impact of central bank liquidity schemes on issuance volumes and investor appetite
  • Assessing the relative value of investing in whole mortgages vs. AAA RMBS: liquidity, Solvency II and yield considerations
  • Investor response to the European Data Warehouse
  • Emerging ABS markets: assets of interest, and why

SPEAKERS:

  • Emmanuel Issanchou, Managing Director, London Head of GSCS Europe (NATIXIS)
  • Ramesh Kumar Ramiah, Principal Portfolio Manager (WORLD BANK)
  • Maarten Jan Hoefnagel, Senior Portfolio Manager ABS & Structured Credits (AEGON ASSET MANAGEMENT)
  • Felix Blomenkamp, Head of European ABS (PIMCO)
  • Andrew Jackson, Managing Director (HSBC GLOBAL ASSET MANAGEMENT)
  • Christopher Greener, EMEA Fixed Income (BLACKROCK)
1:48 PM
Refreshment Break in Exhibit Hall
1:48 PM
Keynote Address

SPEAKERS:

  • Emil Paulis, Director (EUROPEAN COMMISSION'S DIRECTORATE-GENERAL FOR THE INTERNAL MARKET AND SERVICES (DG MARKT))
1:48 PM Track A
Track A: Assessing Fundamentals: RMBS Researcher Roundtable
  • Researcher response to the European Data Warehouse
  • Regulatory impact on mortgage affordability
  • Liquidity vs. Yield- investing in whole loans vs. RMBS
  • Political and bureaucratic intervention: risks to investors that are hard to assess and how can they be quantified?
  • Future growth

 

SPEAKERS:

  • Hikmet Sevdican, Senior Vice President (RABOBANK NEDERLAND)
  • Markus Ernst, Director, Credit Strategist & Structured Credit Analyst (UNICREDIT CORPORATE & INVESTMENT BANKING)
  • Flavio Marco Rusconi, Vice President (JP MORGAN)
  • Ruben van Leeuwen, Senior ABS Analyst (RABOBANK)
  • Dave Colling, Senior Manager (SAPIENT GLOBAL MARKETS)
1:48 PM Track B
Track B: European CLO and Leveraged Loans: Market Outlook
  • What deals have come to market and what is the pipeline for 2013?
  • Investor opinion on the refi option
  • Will this sector deliver the promised source of yield investors may be searching for?
  • Extension risk on the underlying loans and impact on investor returns/appetite

SPEAKERS:

  • Mary Katherine DuBose, Managing Director (WELLS FARGO)
  • Matthew Wardle, Portfolio Manager (M&G INVESTMENTS)
  • Martin Sharkey, Senior Associate (CLIFFORD CHANCE)
  • Matthew Jones, Senior Director (STANDARD & POOR'S RATINGS SERVICES)
  • Steve Baker, Managing Director (APOLLO MANAGEMENT)
  • Shawn Cooper, Director (DEUTSCHE BANK)
  • Paul Hatfield, Chief Investment Officer and Head of Americas (ALCENTRA)
1:48 PM Track C
Track C: CRA Regulatory Developments
  • Timeline for proposed changes and their implementation
  • Overview of CRA3: key points
  • Update on U.S. initiatives and the implications for Europe
  • How easy is it to deliver on less reliance on credit ratings?

SPEAKERS:

  • Nicola Kemp, Associate (LINKLATERS)
  • Felix Flinterman, Head of Unit – Credit Rating Agencies (EUROPEAN SECURITIES AND MARKETS AUTHORITY (ESMA))
  • Christopher Lake, General Counsel Regulatory Affairs (STANDARD & POOR'S RATING SERVICES)
  • Kevin Duignan, Global Head of Structured Finance (FITCH RATINGS)
  • Dominic Swan, Head of Team (HSBC BANK PLC)
1:48 PM Track D
Track D: Securitization Data and Analytics Innovations
  • Loan by loan cash flow analysis
  • Improvements in deal transparency
  • Best methods for price discovery and bond screening

SPEAKERS:

  • Jacob Grotta, Managing Director (MOODY'S ANALYTICS)
  • Jerry Breen, Senior Director (LEWTAN)
  • Russ Parentela, Global Head of Structured Products (BLOOMBERG)
  • Magnus Wilson-Webb, Managing Director (BNY MELLON)
  • Andrew Currie, Managing Director (FITCH RATINGS )
  • Marco Angheben, Director Business Development (EUROPEAN DATAWAREHOUSE GMBH)
1:48 PM Track A
Track A: Bank Issuers’ Roundtable
  • Choosing the funding mix: would they rather issue in covered bonds. RMBS, unsecured, central bank lending and why?
  • Does new and increased regulation affect choice of funding?
  • What are the challenges of the current market outlook

SPEAKERS:

  • Gareth Davies, Managing Director (J.P. MORGAN)
  • Tom Ranger, Director of Funding (SANTANDER)
  • Andrey Suchkov, Managing Director (CJSC VTB CAPITAL)
  • Tim Hughes, Treasurer (SUNCORP BANK)
  • Rob Collins, Head of Funding (NATIONWIDE BUILDING SOCIETY)
  • Graham Stanford, Head of Secured Funding (ROYAL BANK OF SCOTLAND)
1:48 PM Track B
Track B: Managing a CLO Day-to-Day: A Look at Credit Selection: Manager Roundtable

SPEAKERS:

  • Simon Gold, CDO Trader (CANTOR FITZGERALD LONDON)
  • Robert Reynolds, Senior Director (3I DEBT MANAGEMENT)
  • Brian Yorke, Managing Principal (HALCYON LOAN MANAGEMENT LLC)
  • Francois Gauvin, Portfolio Manager (ARES MANAGEMENT)
  • Alex Leonard, Portfolio Manager (GSO CAPITAL PARTNERS/BLACKSTONE)
  • Frank Longobardi, Co-Head of U.S. Credit (ALCENTRA NY LLC)
1:48 PM Track C
Track C: Dodd-Frank Update
  • Dodd Frank and SEC Reg AB II effect on issuing and investing into the U.S.
  • Compare and contrast U.S. reforms with current E.U. directives
  • Will there be a convergence of risk retention and due diligence requirements?
  • Effect on the access by European issuers to the US investor base

SPEAKERS:

  • Chris Killian, Managing Director / Securitization (SIFMA)
  • Dennis Dillon, Partner (HOGAN LOVELLS)
  • John Hwang, Partner (ALLEN & OVERY LLP)
  • James Gibbon, Senior Manager - Capital markets (NATIONWIDE BUILDING SOCIETY)
1:48 PM Track D
Track D: Whole Business Securitisation
  • Market/structural trends and other innovation
  • Impact of regulation
  • Investor appetite
  • Restructurings and the near future outlook

 

SPEAKERS:

  • Tim Conduit, Partner (ALLEN & OVERY LLP)
  • Emmanuel Blind, Head of Financial Institution Group Securitization & Engineering Europe (SOCIETE GENERALE)
  • David Shearer, Partner (NORTON ROSE FULBRIGHT)
  • James Martin, Research (BARCLAYS)
  • Peter Dooley, Managing Director, Secured Debt Markets (RBS)
1:48 PM
Luncheon for all Delegates
1:48 PM Track A
Track A: Outlook for the Peripheral Economies (Spain, Italy, Ireland, Greece)
  • Peripheral housing market indices- are they reliable for assessing real home value?
  • Downgrade risk from the sovereign and impact on the debt issued
  • Assessing the health of issuers and servicers

SPEAKERS:

  • Romina Rosto, Co-Head Securitization & Distribution Solutions (SOCIETE GENERALE)
  • Paolo Altichieri, Deputy Cfo (BANCA POPOLARE DI VICENZA)
  • Virginie Couchet, Director (STANDARD & POOR'S RATING SERVICES)
  • Alessandro Gatto, Managing Director (J P MORGAN)
  • Nausica Pinese, Operational Manager (SECURITISATION SERVICES S.P.A.)
  • Raffaele Scote, Managing Director, Head of FI/Credit Sales (UNICREDIT CORPORATE & INVESTMENT BANKING)
1:48 PM Track B
Track B: Legal and Structural Considerations for CLOs
  • Improvements made from pre-2007 vintages; the 2013 CLO structure
  • Fundamental vs. market evaluation
  • Static vs. stochastic approaches
  • Loan prices
  • Manager behavior
  • Key statistics and reporting

SPEAKERS:

  • Hernan Quipildor, Head of CLO Origination - GSCS Europe (NATIXIS)
  • Rupert Wall, Partner (WEIL, GOTSHAL & MANGES)
  • Rondeep Barua, Associate (BANK OF AMERICA MERRILL LYNCH)
  • Martin Bartlam, Partner (DLA PIPER UK LLP)
1:48 PM Track C
Track C: Risk Retention Rules: An Update
  • What are the new guidelines for alternative investment fund managers?
  • Understanding the technicals of compliance with new risk retention rules

SPEAKERS:

  • James Grand, Partner (FRESHFIELDS BRUCKHAUS DERINGER)
  • Pascal Richard, Director, FI DCM Securitised Products Group (LLOYDS BANK)
  • Christian Moor, Policy Expert, Securitisation & Covered Bonds and Market Risk (EUROPEAN BANKING AUTHORITY)
  • Steve Baker, Managing Director (APOLLO MANAGEMENT)
  • Franz Ranero, Partner (ALLEN & OVERY LLP)
  • David Quirolo, Partner (CADWALADER)
1:48 PM Track D
Track D: ABCP Market Overview

 

SPEAKERS:

  • Fabrice Faure Dauphin, Partner (ALLEN & OVERY LLP)
  • Andrew Shuster, Director (BARCLAYS)
  • Richard Sinclair, Managing Director Securitisation (CREDIT AGRICOLE CIB)
  • Martin Kaiser, Partner (BAKER & MCKENZIE)
  • Erwan Rozé, Director Asset Backed Products (SOCIETE GENERALE)
1:48 PM Track A
Track A: UK & Dutch RMBS
  • Why the increase in interest from the US investors?
  • Outlook for UK USD issuance vs. Dutch - why will the Netherlands outpace the UK?

SPEAKERS:

  • Annabel Schaafsma, Managing Director, Structured Finance (MOODY'S INVESTORS SERVICE)
  • Tom Hoefakker, Vice President Corporate Treasury (AEGON)
  • Mirjam Bos, Executive Director Securitisation (RABOBANK INTERNATIONAL)
  • Monica De Vries, Head of Retail Securitisation, Asset Backed Solutions (LLOYDS BANK COMMERCIAL BANKING)
  • Ben Peletier, Executive Director (J P MORGAN)
  • Cedric Tchaban, Portfolio Manager (HSBC GLOBAL ASSET MANAGEMENT)
1:48 PM Track B
Track B: Exploring the Role of Private Equity in the European CLO Market

SPEAKERS:

  • Gregg Drennan, Managing Director (RBS)
  • Andrew Bellis, Managing Director and Partner (3I DEBT MANAGEMENT)
  • Alan Kelly, Senior Investment Analyst (APOLLO MANAGEMENT)
1:48 PM Track C
Track C: Infrastructure Finance and Government Support
  • Long term financing challenges
  • Does project finance lend itself to securitization?
  • Is there a level playing field across Europe?
  • Is there a level playing field across competing funding techniques?
  • What should we as an industry realistically expect from governments, post-crisis?

SPEAKERS:

  • Tim Conduit, Partner (ALLEN & OVERY LLP)
  • David Dubin, Managing Director (CITI)
  • Nicola Dale, Vice President (BNY MELLON)
  • Nick Proud, Senior Managing Director (ASSURED GUARANTY (EUROPE) LTD.)
1:48 PM
Global ABS 2013 Concludes
Event Contacts
Senior Vice President, Conference Producer
Jade Friedensohn
(212) 901-0560
jfriedensohn@imn.org
Investor and Issuer Relations
Caitlin Fitzpatrick
(212) 224-3530
caitlin.fitzpatrick@imn.org
Head of Sales - Structured Finance
Chris Keeping
(212) 901-0533
ckeeping@imn.org
Head of Conference Planning & Sponsorships
Ashley Hofmann
(212) 901-0562
ahofmann@imn.org
Meeting Planner
Megan Tierney
248-594-4212
mtierney@imn.org
Marketing Manager
Matt Gessel
(212) 224-3024
mgessel@imn.org
Venue
Square Brussels Meeting Centre

Phone: 32 (0)2 515 1300
Website: http://www.square-brussels.com

Rue Ravensteinstraat 2
B-1000, Brussels,
Belgium


Below is a list of suggested hotels for Global ABS. Please note that IMN does not have a contracted room block at any of the hotels listed below and rate and availability are subject to change.

Hotels
The Hotel (formerly the Hilton)

Boulevard de Waterloo 38
Brussels, , 1000
Belgium

Please note that IMN does not have a block of rooms at this hotel and cannot guarantee rate or availability.

Phone: +32 (0)2 504 11 11
Website: http://www.thehotel-brussels.be

Sofitel Brussels le Louise

40 Avenue de la Toison d Or
Brussels, , 1050
Belgium

Please note that IMN does not have a block of rooms at this hotel and cannot guarantee rate or availability.

Phone: (32) 2 514 2200
Website: http://www.sofitel.com/gb/hotel-1071-sofitel-brussels-le-louise/index.shtml

NH Hotel du Grand Sablon

Rue Bodenbroek 2/4
Brussles, , 1000
Belgium

Please note that IMN does not have a contracted block of rooms at this hotel and cannot guarantee rate or availability.

Phone: (32) 2 518 1100
Website: http://www.nh-hotels.com/nh/en/hotels/belgium/brussels/nh-hotel-du-grand-sablon.html

Brussels Marriott Hotel

Rue Auguste Orts 3-7/Grand Place
Brussels, , 1000
Belgium

Please note that IMN does not have a contracted room block at this hotel and cannot guarantee rate or availability.

Phone: 32-2-5169090
Website: http://www.marriott.com/hotels/travel/brudt-brussels-marriott-hotel/

NH Grand Place Arenberg

Rue d'Assaut, 15
Brussles, , 1000
Belgium

Please note that IMN does not have a contracted block of rooms at this hotel and cannot guarantee rate or availability.

Phone: (32) 25 100616
Website: http://www.nh-hotels.com/NHArenberg

Scandic off Grand Place

Rue d'Arenberg 18
Brussles, , 1000
Belgium

Please note that IMN does not have a contracted block of rooms at this hotel and cannot guarantee rate or availability.

Phone: (32) 2 548 18 11
Website: http://www.scandichotels.com/en/Hotels/Countries/Belgium/Brussels/Hotels/Scandic-Grand-Place/

Radisson Blu Royal Hotel

Rue du Fosse-aux-Loups 47
Brussles, , 1000
Belgium

Please note that IMN does not have a contracted block of rooms at this hotel and cannot guarantee rate or availability.

Phone: (32) 2 219 2828
Website: http://www.radissonblu.com/royalhotel-brussels

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