08:30

Registration, coffee and networking - the exhibition opens

09:00

Chairman’s opening address

09:05

Overview of the ETF market – where are we heading now

• Discussing recent trends in the ETF market
• Looking at new types of ETF – their characteristic and return potential
• What are the hottest ETFs for 2009

Deborah Fuhr,Global Head of ETF Research and Implementation Strategy, Barclays Global Investors

09:45

What is behind structuring an ETF product? A legal perspective

• Looking at the basic structure of an ETF; traditional ETFs and ETFs using swap replication
  
• Swap replication and counterparty risk
• Procedures for launching an ETF on a cross-European market

Dr. Sven Zeller, Partner, Clifford Chance

Anja Breilmann, Senior Associate, Clifford Chance

• Management of market price risks
• Combining a passive portfolio of ETFs with an active, future based overlay
• management
• Construction and monitoring of a systematic decision making architecture

10:50

Morning coffee and networking break

11:20

Asset allocation: searching for efficient frontiers through ETFs

• Asset allocation: de-correlation matrix
• Efficient frontiers: the search for Sharpe ratio improvement
• ETFs: ideal tools fro dynamic allocation
• Dynamic allocation through EasyETF

Danièle Tohmé-Adet, Head of Business Development, ETF and Indexed Funds BNP Paribas AM, Co-Head of the EasyETF Platform, EasyETF

11:50

Efficient implementation of investment strategies using ETFs

• Index funds vs. actively managed funds: low cost beta vs. high cost alpha
• ETF as a cost-efficient exposure to chosen beta
• Assessing costs of alpha and fees with actively managed funds
• Combination of index funds and alpha funds - efficient implementation of   asset allocation

Michka Kovats, Senior Investment Officer, IRR SA, Switzerland

• Assessing risk management as an integral part of your investment process
• Understanding common portfolio risk
• Case studies: Using iShares ETFs for risk management

Claus Hecher, Head of Sales & Marketing Germany &Austria, iShares Barclays Global Investors (Deutschland) AG

12:50

Networking Lunch                       Sponsored by:

Welcome speech by Mark Rodino, ETF Trading & Sales Europe, Newedge Group

14:00

Benefits of ETFs to access commodities markets

• Exploring the reasons behind growing popularity of commodities ETF
• How commodity ETFs can diversify the portfolio – risk/rewards analysis
• What is an ETC and what is its structure
• Which commodities are the best performers

Nigel Longley, Sales Director, Germany & Austria, ETF Securities Ltd

14:30

Panel discussion: Use of ETFs by institutional investors and investment
consultants

• How are institutional investors using ETFs?
• Analysing advantages of ETFs for institutional investors
• Fees and tax considerations

Analysing the use of ETFs by fund of funds, family offices and private wealth managers

• Experience with ETFs in volatile markets, liquidity squeezes, bid-ask spreads
• ETFs versus other passive products - pros and cons
• Analysing the use of ETFs in core/satellite strategies
• New/other ETFs for the tool kit

Moderator: Karl Olbert, Senior Consultant, Funds@Work
Heiko Geiger, Director, Senior Advisor Financial Products Deutschland, Bank
Vontobel
Alex Hinder, CEO, Hinder Asset Management AG
Barbara Rega, Head of Fund of Funds, DWS
Michka Kovats, Senior Investment Officer, IRR SA, Switzerland

16:20

Panel discussion: Exploring relationship between market makers and ETF
providers, custodians and MasterKAGs

• Do providers understand needs of market makers?
• Is there any conflicting interests?
• Experiences with clients
• Best access to ETFs for investors
• Risk management with ETFs Reporting issues, how to report ETFs in an overall portfolio

17:00

Chairman’s closing remarks

17:05

Networking Drinks Reception