Swiss Asset Management Day 2016 is hosted by the Department for Economic Affairs Canton Schwyz and Swiss Finance Institute.

Transcription

1 Swiss Asset Management Day 2016 is hosted by the Department for Economic Affairs Canton Schwyz and Swiss Finance Institute. Game Changers for Swiss Asset Management: Technologies, Methods & Alternative Investments Thursday, 7 April 2016, 09:00 18:00 h Hotel Seedamm Plaza, Seedammstrasse 3, CH-8808 Pfäffikon SZ

2 Welcome to the Swiss Asset Management Day 2016 It is our great pleasure to welcome you to the 5th Swiss Asset Management Day. In 2016, the Swiss Asset Management Day is hosted by the Department for Economic Affairs Canton Schwyz and the Swiss Finance Institute. This strong partnership offers a wealth of combined knowledge and experience of organizing finance industry events. The first Swiss Asset Management Day took place in Since then, the event has become Switzerland s leading asset management conference, recognized for vanguarding new ideas, and has attracted large audiences of up to 500 participants including many decision-makers of the industry and senior executives from Switzerland and abroad. technologies, methods, and alternative investments. In brief, effective presentations, participants will encounter thought-provoking concepts, deepen their understanding of the field, and learn more about the triggers and solutions that will enable them to bring asset management to the next level. Enjoy the conference, we look forward to meeting you in Pfäffikon SZ. Best wishes, Urs Durrer Office for Economy Canton Schwyz, Head Official Prof. Paolo Vanini Swiss Finance Institute, Head of Knowledge Transfer and Academic Director e-finance The asset management industry stands on the cusp of a number of fundamental changes that will shape our future. This conference focuses on some of these game changers, in particular on

3 Conference Programme Game Changers for Swiss Asset Management: Technologies, Methods & Alternative Investments 09:00 09:30 Registration & Refreshments 09:30 09:40 Opening Remarks Moderator 09:40 09:50 Welcome Address from the Host Mr. Kurt Zibung, Department for Economic Affairs Canton Schwyz 09:50 10:20 Trends and Imperatives for the Asset Management Industry Dr. Christian Casal, McKinsey & Company 14:15 14:40 Risk-Based Investing Latest Developments Dr. Jérôme Teïletche, Unigestion 14:40 15:00 Questions and Answers Dr. Jérôme Teïletche and Prof. Paolo Vanini 15:00 15:30 Coffee Alternative Investments Where to Invest? Technologies The Game Changer 10:20 10:45 Driving Digitalization in Banking Mr. Marco Abele, Credit Suisse 10:45 11:10 Digitization of Wealth Management and Automation of Wealth Management Advisory Dr. Florian Herzog, swissquant Group 15:30 15:55 Infrastructure The Asset Class to Come? Dr. Jérôme Jean Haegeli, Swiss Reinsurance Company 15:55 16:20 Private Equity as the Leading Alternative? Mr. Pedro Antonio Arias, Amundi Asset Management 16:20 16:45 Insurance-Linked Strategies Mr. Michael Stahel, LGT ILS Partners 11:10 11:35 Coffee 11:35 12:00 RegTech and the Cloud: A Match Made in Heaven Mr. Andrew Patrick White, FundApps 12:00 12:30 Panel Discussion with Technology Presenters Moderator 12:30 13:30 Lunch Methods How to Invest Remains the Big Question 13:30 13:40 The Competitive Advantages of Factor Investing Prof. Paolo Vanini, Swiss Finance Institute & Zürcher Kantonalbank 16:45 17:10 Data Science to Hedge Fund Performance Prof. Fabio Trojani, University of Geneva & Swiss Finance Institute 17:10 17:30 Swiss Alternative Funds Awards - Best Swiss Fund of Hedge Funds - Best Retail Fund of Hedge Funds - Best Swiss Hedge Fund - Best UCITS Hedge Fund Mrs. Joanna Babelek, HedgePole Mr. Oliver Liechti, ZHAW Zurich University of Applied Sciences Mr. Stefan Steiner, Crossbow Partners 17:30 18:00 Keynote Speaker 18:00 Cocktails 13:40 14:15 Views from Two Banks: - What s the value proposition for your institution? - What are the key challenges? - What s specific for Swiss institutions? - Outlook. Mr. Thomas Rose, UBS Asset Management Mr. Tom Leake, Deutsche Bank Moderator: Prof. Paolo Vanini 3

4 Registration & Information Time Thursday, 7 April 2016, 09:00 18:00 h Fee The attendance fee is CHF 250 and includes lunch, refreshments, and cocktails. University students are entitled to a fifty percent reduction. Registration Please register at Hosts Hosted by the Department for Economic Affairs Canton Schwyz and Swiss Finance Institute. Conference Directors Urs Durrer, Office for Economy Canton Schwyz, Head Official, and Prof. Paolo Vanini, Swiss Finance Institute, Head of Knowledge Transfer and Academic Director e-finance. Arriving by Public Transport Arriving by plane at Zurich Airport, take the train S2 direction Ziegelbrücke. The journey to Pfäffikon SZ takes 45 minutes. From Pfäffikon s train station the Hotel Seedamm Plaza can easily be reached in 10 minutes on foot. A number of buses also run to the stop Schweizerhof, from which you can reach the Hotel Seedamm Plaza in 2 to 3 minutes on foot. Arriving by Car If you come by car, use Seedammstrasse 3, 8808 Freienbach as the final destination in your GPS. Contacts Roman Morger Office for Economy Canton Schwyz Project Manager Economic Development Bahnhofstrasse 15 CH-6430 Schwyz samd@sz.ch phone Theresia Büsser Swiss Finance Institute Knowledge Transfer Director Walchestrasse 9 CH-8006 Zurich tb@sfi.ch phone Starting from Zurich s main train station, travel time to Pfäffikon SZ is reduced to 30 minutes. Take a RegioExpress, train S2 or S25 to Pfäffikon SZ. 4

5 Speakers Profiles Mr. Marco Abele Mr. Pedro Antonio Arias Ms. Joanna Babelek Dr. Christian Casal Marco Abele is Head of the Digital Private Bank, and is responsible for leading the bank s development of a global, digital private banking experience. He is based in Zurich. Abele joined Credit Suisse in March of 2006 from Deutsche Bank where he held various management and project-related positions within the Corporate & Investment Banking division, in particular leading the Global Transaction Banking platform program. He began his career at Credit Suisse in Business Development PB COO. In 2007, he took over the Segment Management function for the External Asset Management (EAM) department, and prior to his current role headed the global EAM Business Management organization. Abele holds an Executive MBA from Duke University and degrees in Law Studies from the University of Munich and the University of Paris. Pedro Antonio Arias is Global Head of Alternative Assets & MD at Amundi Asset Management. He oversees private equity, real estate, and infrastructure investments and co-manages private debt. He was previously Deputy CEO in charge of international development and real estate at the French retail group Casino. Arias started his career in law, before moving to corporate and investment banking. He has been involved in M&A across Europe and LATAM, and was Co-Head of Restructuring for Europe at Rothschild & Cie. Joanna Babelek founded HedgePole in 2004 and is responsible for the company s strategy and business development. HedgePole supports financial institutions in hedge fund price collection, data maintenance, and middle office operations. Prior to this, Babelek was Head of Fund Services at RMF Investment Products, before being responsible at MAN Group for overseeing service providers for alternative products. She has also worked as a risk management consultant for banks and wealth managers. Babelek graduated from the Berlin School of Economics and Law with a Master s degree in Finance. Christian Casal is a director of McKinsey & Company and leads the firm s Swiss offices in Zurich and Geneva. He led McKinsey s EMEA Banking practice from 2007 to 2011 and also served as a member of the Shareholders Council and the firm s Global Board of Directors from 2009 to He joined McKinsey in October 1988 and has served clients primarily in the financial and services industries. He is a member of several organizations that promote Switzerland s interests, including Avenir Suisse Switzerland s think tank for economic and social issues. He is also a member of the boards of Schweizer Berghilfe (Swiss Mountain Aid) and the Lucerne Festival. 5

6 Speakers Profiles Dr. Jérôme Jean Haegeli Dr. Florian Herzog Mr. Tom Leake Mr. Oliver Liechti Jérôme Jean Haegeli is Managing Director Head of Investment Strategy at Swiss Re Group Asset Management. Haegeli formulates the overall investment outlook for the AM branch of Swiss Re and the asset class views for the global portfolio. He is a member of the IIF Market Monitoring Committee and Principal Consultative Group and co-chairs the IIF s Council of Asset and Investment Management (CAIM) Working Group. Prior to joining Swiss Re in 2008, he had been an advisor on the Executive Board of the IMF in Washington DC and Senior Economist at the Swiss National Bank, UBS Warburg, and Julius Baer. Haegeli has been awarded a visiting fellowship in Economics by Harvard University, and holds a PhD in Economics from the University of Basel and an MSc Econ from the London School of Economics. Florian Herzog is a founding partner and the Chief Engineer of the swissquant Group. Before taking on this role, he was CEO of swissquant Group from 2009 to During his tenure as CEO, swiss- Quant Group grew to a head count of around 55 and gradually developed its market positioning as a major provider of quantitative models, methods, services, and software in Switzerland and Europe for the wealth management business. Herzog positioned the swissquant Group as the leading company in the field of wealth management automation and digitization. For the last ten years, swissquant Group has combined state-of-the-art methods in terms of industry best practice with new approaches from academia and modern software engineering. Herzog trained as an engineer and a mathematician at ETH Zurich, where he graduated with Master s degrees with honors and the ETH Medal for an outstanding thesis. He holds a Master s degree in Science from Georgia Institute of Technology. In 2005, Herzog completed his doctoral thesis at ETH Zurich in the field of stochastic control for portfolio management. Tom Leake is the Global Head of the Equity Structuring Group at Deutsche Bank. Leake has 12 years of experience in equity structuring and prior to joining Deutsche Bank in 2009 worked at J.P. Morgan where he was a senior structurer focusing on institutional clients. His current focus is on assisting state pension funds, insurance companies, and sovereign wealth funds implement risk premia portfolios. DB s Equity Structuring Group is made up of 40 professionals globally and provides solutions and structuring expertise to institutions, hedge funds, asset managers, and retail and private banks. The group has particular expertise in structuring for insurance companies and pension funds. Leake holds an MA and MSci in Theoretical Physics from Cambridge University. Oliver Liechti has been, since 2015, Managing Director for Analytical Research at Hedgeanalytics. He also supervised the early development of the company and is now a Managing Partner at this Zurich University of Applied Sciences (ZHAW) spinoff. Liechti has published articles and studies in peer- and non-peer-reviewed journals and taught 6

7 Speakers Profiles Mr. Thomas Rose Mr. Michael Stahel Mr. Stefan Steiner Dr. Jérôme Teïletche at the ZHAW. Previously, Liechti worked at VZ VermögensZentrum and GE Money Bank. He holds an MSc in Banking and Finance from the ZHAW and is a CAIA Charter Holder. Thomas Rose is Managing Director at UBS Asset Management, responsible for the distribution offering globally. He is also Chairman of seven UBS Lux fund boards and member of the Board of Directors of UBS FMCH. Rose joined the Economics Department of the then Swiss Bank Corporation (SBC) in From 1995 on he worked in various functions in the investment, product, and distribution area within UBS Asset Management. He holds a Master of Finance degree and is a CFA Charter Holder. Michael Stahel is Partner and Portfolio Manager for insurance-linked strategies at LGT ILS Partners. He is responsible for the main investment strategy and chairs the investment committee. Prior to joining LGT in 2012 he served six years as head of the Insurance-Linked Investments Department at Clariden Leu and played a key role in LGT s acquisition of that investment boutique. He holds a BA in Economics from the Zurich University of Applied Sciences and an MBA in Corporate Finance from the University of Rochester (New York). Stefan Steiner has 26 years of experience in financial markets. He worked for UBS from 1990 until 2000 in Zurich, New York, and Tokyo. From 2000 to 2007, Steiner managed the liquid portfolio of a large family office in Lucerne. In 2008, he joined Crossbow Partners AG, an independent investment advisor that specializes in tailor-made advice for sophisticated clients with institutional needs. Steiner holds a Master s degree in Economics and Finance from the University of St. Gallen and is a CFA charterholder (1998). Jérôme Teïletche is Managing Director, Head of Cross Asset Solutions, and a member of the Executive Committee at Unigestion, having joined the company in Teïletche began his career in 1999 as an economist in the Forecasting Directorate at the French Ministry of Finance in Paris. In 2001, he joined Natixis CIB as a strategist economist focusing on global asset allocation issues and was appointed Senior Quantitative Analyst at the Alternative Investment Division of Société Générale Asset Management, Paris, in From 2008 on, Teïletche worked for Lombard Odier Asset Management, Geneva, in the Institutional Investment Division as head of the Solutions Group, leading all multi-asset and single-asset systematic investment strategies. He holds an MSc in International Finance and Economics and a PhD in Economics, both from Bordeaux University. Teïletche has taught at various universities and has authored contributions to numerous academic and practitioner journals and books. 7

8 Speakers Profiles Prof. Fabio Trojani Prof. Paolo Vanini Mr. Andrew Patrick White Mr. Kurt Zibung Fabio Trojani has been a full professor of Finance at the University of Geneva since September 2015, and is a senior chair of Swiss Finance Institute (SFI) and an adjunct professor of Finance at Bocconi University in Milan. He is on-leave full professor of Statistics at the University of Lugano (USI) and was a professor of Empirical Finance at the University of St. Gallen from 2004 to Trojani holds a PhD in Econometrics and Finance from the University of Zurich and is the head of the SFI research project Cross-Sections and Time Series of Asset Risk Premia. His research covers topics in finance, econometrics, and statistics areas in which he has published widely in leading academic journals and has directed a large number of research projects for the Swiss National Science Foundation and for Inquire Europe. From 2006 to 2008 he was the chairman of the doctoral program in the Department of Economics at the University of St. Gallen and from 2009 to 2015 the director of the doctoral program in quantitative methods in the Faculty of Economics at USI. Paolo Vanini is Head of Knowledge Transfer at Swiss Finance Institute and Adjunct Professor of Banking at the University of Basel. He is responsible for structured products and cross assets at Zürcher Kantonalbank. Prof. Vanini s research focus is on investment, risk management and banking topics. He has conducted extensive research into operational risk and credit risk and is the author of numerous articles published in international finance and financial economics journals. He holds a PhD in Mathematics from ETH. Andrew Patrick White is the founder and CEO of FundApps, a company that provides cloudbased regulation monitoring to the finance industry. FundApps was recently voted on to the FinTech50 a list of 50 European businesses that are transforming financial services. Before FundApps, White created the monitoring software MIG21 at Aquin Components GmbH. He went on to become the Managing Director and Head of Business Development for Aquin International before exiting with a trade sale to State Street in Prior to Aquin, White worked in a compliance company in Zurich. He holds a degree in Computer Science, Linguistics, and German from Trinity College Dublin. FundApps was founded in 2010 from a spare bedroom above a bar in south London, but has since grown to employ 20 staff and currently services two of the world s ten largest hedge funds, one of Europe s largest asset managers, and one of the ten largest pension funds in the USA. Kurt Zibung has been Governing Councillor in the Canton Schwyz since From 1996 to 2004 he was Chairman of the Education Department and since 2004 he has been in charge of the Department for Economic Affairs. Zibung was also President of the Cantonal Government from 2004 to He serves as President of the Technical University of Applied Sciences in Rapperswil and as a member of the board of trustees of the Greater Zurich Area. He holds a Master s degree in Economics from the University of St. Gallen. 8

9 Canton Schwyz Canton Schwyz is an attractive business location for financial firms, global headquarters, service companies and manufacturing enterprises. Its proximity to the dynamic Zurich economic area, its highly-qualified and motivated workforce as well as its low tax burden for legal entities and private individuals offer entrepreneurs genuine business advantages. The canton s innovative Finance Cluster in Pfäffikon SZ has become a significant part of Zurich s financial community and has attracted a considerable number of asset managers, private equity firms, hedge funds and specialized financial service providers. Swiss Finance Institute Swiss Finance Institute (SFI) strives for excellence in research and doctoral training, knowledge transfer, and continuing education in the fields of banking and finance, as befits Switzerland s international reputation as a leading financial center. Created in 2006 as a public private partnership, SFI is a common initiative of the Swiss finance industry, leading Swiss universities, and the Swiss Confederation. SFI Knowledge Center The SFI Knowledge Center promotes and supports dialogue, information flow, and collaboration between academia and the financial services industry. The center performs an active intermediary role in gathering and disseminating financial knowledge, helping find solutions to current problems, and identifying new trends in banking and finance. The center offers specific, targeted, and publicly available knowledge transfer activities, which include breakfast, lunch, and evening seminars and one-day conferences that showcase new ideas and novel solutions.

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