8:30 Registration and Coffee
Introduction
9:00 - 9:15 Welcome and introduction to forum purpose and goals
- Summary of the sizes and locations of key SWFs
William Wright, Editor, Financial News
Chairman: Jens Tholstrup, Director of Consulting, Oxford Analytica
Opening Plenary Session
9:15-10:00 ‘Understanding the SWF landscape'
- SWFs' sources of funding and the impact of commodity price volatility
- Differing levels of transparency
- Collaborating with SWFs
- New SWFs being established and the changing nature of existing funds
Shuilin Wang, Managing Director & Head of Public Relations and International Cooperation Department, China Investment Corporation (CIC)
Panel Discussion 1
10:00 - 11:00 ‘The case for SWFs'
- Separating the media buzz from the real significance of SWFs
- Placing SWFs in the wider context of a changing global economy
- SWFs' long-term investment records
- Do SWFs seek anything other than commercial returns?
Moderator: Charles Blitzer, Assistant Director, Monetary & Capital Markets, IMF
Donghyun Park, Senior Economist, Asia Development Bank
Robert Stein, Senior Advisor, Hawkpoint /Stewart Collins
Gerard Lyons, Chief Economist, Standard Chartered
11:00 Coffee break
Panel Discussion 2
11:30 - 12:30 ‘SWFs and the Western financial system'
- SWFs' use of external fund managers
- The impact of SWFs in Western financial markets
- The impact of the financial crisis on SWFs
Kevin Lu, Director and CFO, Multilateral Investment Guarantee Agency (MIGA)
Andrew Rozanov, Managing Director, Head of Sovereign Advisory, State Street Global Markets
Alain Demarolle, Adviser to the French Government on SWFs
12:30 Lunch
Panel Discussion 3
14:00 - 15:00 ‘How open is the West?'
- The response from Western governments to SWFs
- Key laws and regulations
- The importance of the ‘Santiago Principles'.
Moderator: Alastair Newton, Senior Political Analyst, Nomura International
Udaibir Das, Assistant Director, Sovereign Asset and Liability Management Division, IMF
Ted Truman, Senior Fellow, Peterson Institute for International Economics
Panel Discussion 4
15:00 - 16:00 SWF structure and functioning
- State-fund relations and variations in structure and governance
- Asset classes that SWFs are moving into, with a special focus on real estate
- Geographies that SWFs are moving into
- The redirecting of some SWF funds for domestic economic support
Moderator: Gordon Clark, Halford Mackinder Professor of Geography, University of Oxford
Rod Matheson, Assistant Deputy Minister, Treasury and Risk Management, Alberta Finance and Enterprise
Babajide O. Ewuoso, Divisional Head, Public Sector Advisory Division, BGL Investment Banking Group
16:00 Coffee break
16:30-17:00 ‘What next for SWFs?'
• Predictions for the future nature and role of SWFs
Mark Fung, General Counsel, China-Africa Development Fund
****The author reserves the right to amend and change the conference programme content and speakers at any given time****
