Day 1 - Wednesday 18th September 2019
Wednesday, September 18th, 2019
The financial crisis that affected Asia in the 1990s scarred both the region and its governments, prompting politicians and policymakers to learn from their mistakes. With structural reforms, tighter regulations and improved capital requirements, their efforts have paid off, and it is becoming abundantly clear that Asia’s economy looks very different than it did just 20 years ago. This is having a profoundly positive impact on the outlook for Asian fixed income.
Patrick Leung is head of Fixed Income and FX trading for APAC within BlackRock’s Trading and Liquidity Strategies Group overseeing fixed income and FX trading activity in the region. Mr. Leung's service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Alexandre Bouchardy is Head of Fixed Income Asia and Head of Asset Management Singapore. In addition, he is the Chairman of the Emerging Markets Fixed Income Investment Group. Alexandre joined Credit Suisse Asset Management in 2002 as a Global Fixed Income Portfolio Manager for institutional clients. From 2005 to 2012, he was responsible for inflation-linked solutions and won several Lipper Fund Awards in various European countries. In this interview both Patrick and Alex will share their views on:
- What's fuelling the growing appetite for Asian bonds and how are investors viewing fixed income?
- How much wealth is being created in this space and where is it being invested?
- How are Asian bonds offering the potential to improve returns and reduce risk?
- China’s “One Belt, One Road” programme – How is this promoting the regional development of infrastructure?
- Asian currencies appear undervalued – Will this promote more investors to pursue undervalued opportunities in regions with better fiscal fundamentals?
- As corporate bonds become increasingly expensive, are investors considering reducing credit risk? And what asset classes should investors focus on?
- Challenges of trading in the new market order: Liquidity, transaction costs and regulations – How can the buy side better capture the post trade, margining and custody costs that impact them?
- Alpha generation – How can you empower your trading desk to shift the primary focus from cost savings to alpha generation?
- What steps you can take to establish the best trading protocol to meet your liquidity needs?
- Where are the investments in new technology going and what capabilities are needed on the buy side to actually achieve best execution for clients?
- How can you evolve your best execution processes beyond RFQ with TCA and liquidity transparency?
- The continued drive for innovation and decisions based on meaningful data – How can you make best execution a reality in 2019/20?
Day 2 - Thursday, September 19th 2019
Thursday, September 19th, 2019
- Wasted assets: Significant amount of wealth not being circulated both in traditional asset classes and physical assets
- Where is the financing: Banks alone cannot finance a growing region and the move to private debt and non bank financing
- Digitalised asset back tokens: will instruments that have real time risk and performance monitoring be more attractive to investors?
- Overcoming regional fragmentation: can digital infrastructures with asset backed tokens be the catalyst for a seamless flow of capital across the region?
- Can FINTECH help “backward” bond market catch up?
- How has Fintech’s reach into bond markets enabled more transparency and efficiency?
- Enabling price transparency – How can FINTECH induce deal flow, foster new relationships and create more transparency around price.
- What is happening in AI, robotics, peer-to-peer platforms and cloud technology and how will these impact investments and trading in the next 5 years?
- Processing enormous amount of market data in a low latency environment – How can technology solve this for you?
- How is blockchain currently being applied to fixed income markets to make trading, clearing and settlement more cost efficient?
- How does this technology work, how can you use it and what potential does it have to affect the current capital markets ecosystem?
- Reducing reliance on the clearing system- What does blockchain offer and how have trades already been settled outside the traditional clearing and settlement structure in a legal manner?
- New frontiers of performance- How can blockchain enable faster, more efficient settlement and how will this reduce settlement risk?
- Establishing the winners and losers- How can market participants embrace the benefits of blockchain technology whilst preserving their role in the capital markets industry?
- Bringing blockchain to the mass market- What are the current deficiencies around scalability and how can they be overcome?