AGENDA Registration and welcome Drink ishares Switzerland and the future of the Swiss Platform for investors

Transcription

1 Swiss ETF Event Zurich, 22 October 2014

2 AGENDA Registration and welcome Drink ishares Switzerland and the future of the Swiss Platform for investors Sven Württemberger Director, Head of German-speaking Sales, ishares Switzerland Ongoing trends in the Swiss ETF Market Danielle Mair ETFs & ETPs Product Manager, SIX Swiss Exchange The importance of ETFs to Nomura: A showcase of strength and trading capabilities in the Swiss market as well as how Nomura partners with ishares Massimo Labella Executive Director, Prime Finance Sales, Nomura 18:15 18:30 ETFs in Switzerland: at the critical tipping point for growth? Arnaud Gihan & Caroline Hybbinette ishares Capital Markets Swiss dividends and beyond Angelika Eibl Director, Stoxx onwards Cocktails and canapés

3 ishares About ishares ishares is the global product leader in exchange traded funds with over 600 funds globally across equities, fixed income and commodities, which trade on 20 exchanges worldwide. The ishares Funds are bought and sold like common stocks on securities exchanges. The ishares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account. The ishares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors and high net worth individuals. The ishares Capital Markets team is a dedicated markets desk that focuses on ensuring the best liquidity for the ishares product range. The team leverages the trading expertise of BlackRock to help clients navigate the ETF landscape, and is uniquely positioned to help clients trade cost-efficiently by partnering with broker dealers and trading venues across EMEA to identify the sources of liquidity and trading data. In Switzerland, the ETF market continues to grow year on year, with currently 933 ETFs listed in Switzerland in seven currencies. ishares currently owns the largest Swiss ETF platform, as well the first and largest SMI ETF in the world. ishares has a considerable client service ETF team in Switzerland, ensuring our client needs are covered to the highest quality. To address our Swiss investors unique investment needs, we complement our global product offering, with a comprehensive range of Swiss-domiciled ETFs. Our Swiss platform comprises of five equity, four fixed income, and three gold ETFs all are some of the most liquid in the market with a total AUM of CHF 7.4 billion. Our fixed income ETFs and equity ETFs are physically replicating, and our gold ETFs invest in physical gold without making use of commodity derivatives. Gold depositories are held in Switzerland.

4 SPEAKER BIOGRAPHIES AND CONTACTS Sven Württemberger, Director, ishares Switzerland Sven, Head of German-speaking Sales ishares Switzerland, is responsible for the oversight of the Wealth, Asset Manager, Institutional and Insurance segments in the German-speaking part of Switzerland. Prior to this, as Head of ishares Wealth Sales Germany, he was responsible Head of ishares Wealth Sales Germany, is responsible for sales in the German wealth and asset manager segment, managing network banks, private banks, family offices, independent asset managers and platforms. Before joining ishares in 2009, Sven worked for Deutsche Bank as a sales manager for structured retail product solutions. Prior to Deutsche Bank he also worked for Towers Perrin as strategy consultant. Sven earned an MBA in International Finance from the Helsinki School of Economics, Finland and the University of St. Gallen, Switzerland and a BA, cum laude in Finance from Bristol Business School, UK. sven.wuerttemberger@blackrock.com Caroline Hybbinette, Director, ishares Capital Markets Caroline Hybbinette, Director, EMEA Broker Dealer Sales within ishares Capital Markets, manages strategic relationships with partner banks across the region. The team leverages the best Broker Dealer resources to ishares strategy, with a focus on both trading and distribution. The Capital Markets Group also works with other BlackRock investment teams to maintain the liquidity, tax efficiency and performance standards for ishares ETFs. Prior to joining BlackRock in 2014, Mrs Hybbinette was a Co-Founder and Director of Versailles, a FCA regulated financial advisory boutique providing bespoke investment advice and solutions to UHNW individuals and family offices. The core lines of business were derivatives trading through partner liquidity providers and fund raising for deals. Prior to Versailles, Mrs Hybbinette was a Vice President within Equity Derivatives Sales at Kaupthing Singer and Friedlander. She helped set-up and manage the trading desk whose focus was to service the UHNW clients and entrepreneurs that were strategic relationships at the Bank. Mrs Hybbinette began her career at Cantor Fitzgerald Europe as an Equity Derivatives Trader. Mrs Hybbinette earned a Master of Arts degree in History of Art from the University of St. Andrews in 2004 and holds the Certificate in Investments for Securities and Financial derivatives from the Securities and Investment Institute. caroline.hybbinette@blackrock.com +44 0) Arnaud Gihan, Director, ishares Capital Markets Arnaud is responsible for delivering market insights, execution services and product expertise to ishares clients in Switzerland, France, Italy and Israel. Arnaud guides clients to execute their ishares orders effectively, maximising liquidity, working closely with the ishares Capital Market teams and the ishares Sales teams. Before joining BlackRock in 2010, Mr Gihan was trading Equity Derivatives instruments for JP Morgan, and was solely in charge of the ETF Market Making activity. Mr Gihan holds an MSc in Quantitative Finance from Paris Dauphine University. arnaud.gihan@blackrock.com +44 (0)

5 NOMURA About Nomura Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit SPEAKER BIOGRAPHY AND CONTACT Massimo Labella, Executive Director, Prime Finance Sales, Nomura Massimo Labella, Head of Directional Delta 1 at Nomura International Plc. The team provides an end to end execution & analysis service for clients active within the Delta 1 space. Directional Delta 1 sits with Prime Finance which also includes Equity Finance and Prime Brokerage as the 3 core units. Prior to joining Nomura in 2014, Mr Labella worked within the Equity Derivatives Group at JPMorgan Securities London for 12 years. Mr Labella initially managed listed execution services for the Southern European client base, before moving within the group to the Hedge Fund distribution business in 2007 which focussed on Delta 1, vanilla volatility and structured volatility products. Mr Labella began his career in Milan at Banca Akros. Mr Labella earned an honours degree in European Business from Manchester University and a second degree the Economics of the Firm from l Universita della Calabria. Mr Labella holds a trading license for all major European and US derivative exchanges. massimo.labella@nomura.com +44 (0)

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7 SIX SWISS EXCHANGE About SIX Swiss Exchange SIX Swiss Exchange is the leading independent exchange in Europe. We offer outstanding liquidity in trading of Swiss securities and connect companies from around the world with international investors and trading participants. Our selfregulatory regime enables us to create particularly market-oriented framework conditions for listing and trading in our highly liquid segments Equities, Bonds, ETFs, ETPs, Sponsored Funds and Structured Products and Warrants. SIX Swiss Exchange multiplies the locational advantages of the Swiss financial marketplace with first-rate services and is an ideal listing location for companies of every origin, size and sector. With the world s fastest trading technology X-stream INET as well as the most advanced connectivity options and interfaces, we offer our trading participants excellent trading conditions. We maintain a close dialogue with both our domestic and foreign customers, working intensively with them to create optimal conditions for their success. Furthermore, we offer them access to a strong global network. It includes SIX Structured Products Exchange Ltd, the Swiss exchange for structured products, the operator of the money market platform SIX Repo Ltd, the market data provider SIX Exfeed Ltd, the index provider STOXX, which distributes Switzerland s most important blue-chip index SMI, as well as the fund database Swiss Fund Data. SIX Swiss Exchange is part of SIX which offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions on a global scale. SIX Swiss Exchange Ltd l Selnaustrasse 30 l P.O. Box 1758 l 8021 Zurich T l F l SPEAKER BIOGRAPHY AND CONTACT Danielle Mair ETFs & ETPs Product Manager Danielle Mair has been at SIX Swiss Exchange since the start of She is the product manager responsible for developing and marketing the ETF/ETP segment and maintaining relationships with product providers and market makers. She holds a master s degree from the University of Zurich. danielle.mair@six-group.com

8 STOXX ABOUT STOXX LIMITED STOXX Ltd. is a leading index specialist, which started in Europe. The launch of the first STOXX indices in 1998, including the EURO STOXX 50 Index, marked the beginning of a unique success story, based on the company s neutrality and independence. Since then, STOXX has been at the forefront of market developments and has continuously expanded its portfolio of innovative indices. STOXX now operates globally across all asset classes. STOXX indices are licensed to more than 500 companies, which include the world s largest financial products issuers, capital owners and asset managers. STOXX indices are used not only as underlyings for financial products, such as ETFs, futures and options and structured products but also for risk and performance measurement. In addition, STOXX Ltd. is the marketing agent for DAX and SMI indices. For more information, please visit SPEAKER BIOGRAPHY AND CONTACT Angelika Eibl, Director, Business Development In her role Angelika is responsible for research and development of innovative new index concepts. Angelika joined STOXX Ltd. in 2013 from Partners Group AG, a global markets investment management firm where she had worked in different roles: From 2004 until 2008 she was portfolio manager, researcher and investment committee member with the firm s quantitative multi-strategy hedge fund. Later, she led the research and asset allocation process for the real estate department. Angelika holds a master s degree in economic engineering from the Karlsruhe Institute of Technology in Germany, and she is a CFA charterholder. Angelika.Eibl@stoxx.com