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Informa
08:30 - 09:00 30 mins
Registration
09:00 - 09:10 10 mins
Chair's Welcome
  • Chairman Andrew Kehoe - Head of Legal, KB Associates
09:10 - 10:00 50 mins
Entering Europe: The Developing Regulatory Landscape
  • Key European regulatory developments in progress and those on the horizon
    • Review of UCITS & AIFMD
    • CMU – where are we now?
    • Latest updates from the European Securities Markets Authority (ESMA); moves to hinder delegation to London post-Brexit – impact for non-EU managers
  • What’s happening with the European Supervisory Authorities (ESA) review?
    • The impact of potential increased centralisation and harmonisation of investment funds
  • GDPR post-implementation: Impact for non-EU asset managers so far
  • Key challenges for asset managers under the new European Parliament and Commission
  • Steven Yadegari - Chief Operating Officer and General Counsel, Cramer Rosenthal McGlynn, LLC
  • Jeffrey Himstreet - ‎Corporate Counsel, PGIM, Inc. (Prudential Investment Management)
  • Vitali Schetle, CFA - Director, Head Product Legal Engineering, Conducting Officer, Vontobel Asset Management
  • Eva Mykolenko - Associate Chief Counsel, Securities Regulation, ICI Global
10:45 - 11:15 30 mins
Networking Coffee Break
11:15 - 12:00 45 mins
The Changing Face of Distribution in Europe: Opportunities and Challenges
  • Key regulatory developments affecting cross-border distribution
    • The European Commission's proposal to reduce barriers to cross-border distribution
  • European investor attitudes and behaviours
  • Cross-border Distribution in Europe Post-Brexit; current roadmap
    • Domiciliation issues; service provider selection
    • Overall impact for US Managers; impact on investors
  • Nadia Bonnet - Senior Associate, Arendt & Medernach SA
  • Ajai Thomas - Managing Director, Head of Investor Relations, Hollis Park Partners LP
  • Sascha Calisan - Head, Fund Distribution Support, Northern Trust
  • Jonathan Schuman - Head of Global Business Development, Matthews Asia
  • Jenny Ljunghammar - Head of Marketing Restrictions, Aosphere LLP
12:00 - 12:45 45 mins
Successfully Launching UCITS & AIFs
  • Overview of the European market; investor demands and behaviours
  • Distribution of UCITS and AIFs
    • Trial and Error: Which methods have been working?
  • Successful marketing and distribution strategies
  • Setting up your operations in Europe; practical considerations
  • Matt Darwin - Senior Counsel, Vice President, Cohen & Steers
  • Craig Peretz - Chief Operating Officer, Chief Financial Officer and Chief Compliance Officer, Sierra Global Management, LLC
  • David Giannone - Managing Director & Head of US, Global Client Coverage, RBC Investor & Treasury Services
  • Andrew Caruana Scicluna - Senior Associate, Camilleri Preziosi Advocates, Member of FinanceMalta
  • Moderator Brian Dunleavy - Senior Consultant, KB Associates
12:45 - 13:45 60 mins
Lunch
13:45 - 14:30 45 mins
The Rise of Third Party ManCos in Europe
  • The pros and cons of electing a Third Party ManCo; various models of ManCo and Super ManCo and how they function
    • Substance, practical challenges
    • Blurred lines; clarifying responsibility between parties; potential risks to advisers and clients
  • Where is business for ManCos coming from? Which markets?
    • Investor perspective; getting value for money
  • Creation of ManCos outside of the UK in response to Brexit and MiFID II; industry impact
    • Increasing obligation to use ManCos; delegation, verifying activities, decision-making, control; pricing pressure
  • Impact of the rise of Third Party ManCos on fund distribution in Europe; passporting post-Brexit
  • Peadar De Barra - Director & Chief Operating Officer, KB Associates
  • Adam Johnson - Senior Vice President and Associate General Counsel, Cohen & Steers
  • Emily Davy - Head of Legal and Compliance, Prescient Fund Services Ireland
  • Moderator Rob Lowe - Head of UK and US Business Development, Pictet Asset Services
14:30 - 15:15 45 mins
Effective Oversight in an Increasingly Delegated Landscape
  • Managing the changing regulatory environment; how are asset managers coping?
  • Delegation structures, how to best enable distribution post-Brexit
    • Secondment, accessing Europe, MiFID II impact
  • Ensuring your funds are correctly sold through your network
    • Backflow of information; target market reporting/assessment, structural dependencies
    • The best strategies for distribution due diligence; navigating unharmonized processes
  • Deborah Lamb - Chief Compliance Officer, McKinley Capital Management LLC
  • David Fitzgerald - General Counsel and Chief Compliance Officer, Gabelli & Partners, LLC
15:15 - 16:00 45 mins
MiFID II & PRIIPs: Where Are We Now?
  • To what extent have MiFID II and PRIIPs fulfilled their purpose so far?
    • MiFID II objectives; the needs of asset managers
    • Investor protection, increased transparency, increased information sharing
    • Third country regime changes
  • Impact of MiFID II product governance, target market and inducement rules on distribution channels
  • Change in market dynamics; selection, operations, offerings
  • PRIIPs: Where do we stand?
    • UCITS KID extension
  • Gordon Eng - General Counsel & Chief Compliance Officer, SKY Harbor Capital Management, LLC
16:00 - 16:45 45 mins
Spotlight on AIFMD and Alternatives
  • The European Commission’s review of application and scope of AIFMD
    • Remuneration, sanctions, delegation; related requirements
  • Update on the RAIF vehicle and its uptake
  • AIFMD II: What will it look like?
  • Stephen Swanson - Assistant General Counsel, Invesco
16:45 - 16:50 5 mins
Chair’s Summary and Close of Day One
  • Chairman Andrew Kehoe - Head of Legal, KB Associates
16:50 - 18:10 80 mins
Networking drinks reception