Fixed Income Leaders USA Summit 2020

December 08 - 10, 2020

Online (ET)

Day 2 - Wednesday 9 December 2020

**All times are in EST**

All times are in EST

8:45 am - 8:50 am Opening Remarks: Irene Cerquaglia, Editorial Director, Fixed Income Leaders Summit

EMBRACING FUTURE DISRUPTION

8:50 am - 9:30 am The View on 2021 Panel Discussion - What are the top 3 investment trends that will dominate fixed income markets in 2021 and how can you capitalize on these now to maximize returns for your investors?


Richard Lacaille, Global Chief Investment Officer at State Street Global Advisors

Richard Lacaille

Global Chief Investment Officer
State Street Global Advisors

Nancy Davis, Founder at Quadratic Capital & IVOL ETF

Nancy Davis

Founder
Quadratic Capital & IVOL ETF

Andy Sparks, Managing Director at MSCI Research

Andy Sparks

Managing Director
MSCI Research

Luca Bosatta, Managing Director, Head of Fixed Income Research at Qontigo

Luca Bosatta

Managing Director, Head of Fixed Income Research
Qontigo

Bill Kelly, President at CAIA

Bill Kelly

President
CAIA

9:30 am - 9:50 am Macro Keynote - COVID-19, Trade wars, recession, and 2020 US Election: How will the US and global political landscape impact financial markets and what can we expect over the next 4 years?

  • Reacting to the signs of recession: With trade wars and tariffs negatively impacting growth, what are the implications for fixed income investing?
  • The end of the road? Is there anywhere left for central banks to turn after the end of long-term QE to combat the threat of a new recession?
  • Low rate environment: What are the tools that banks and governments have at their disposal to start up the economy, especially if heading into recession?
  • Planning ahead of the US elections: How can you plan for the uncertainties of the 2020 election to mitigate the impact this will have on your portfolios
  • Long-term investments: How can you best manage your clients’ expectations in an era of political and monetary uncertainty?
Alexander Bouzalis, Executive Director at Morgan Stanley Investment Management

Alexander Bouzalis

Executive Director
Morgan Stanley Investment Management

Thomas V. Kennedy, Executive Director, Global Head of Macro and Fixed Income Strategy at J.P Morgan Private Bank

Thomas V. Kennedy

Executive Director, Global Head of Macro and Fixed Income Strategy
J.P Morgan Private Bank

Ben Emons, Managing Director, Head of Global Macro Strategy at Medley Advisors

Ben Emons

Managing Director, Head of Global Macro Strategy
Medley Advisors

LEVERAGING ETFs

9:50 am - 10:10 am Fireside Chat - How will new technology shape the evolution of the ETFs ecosystem in the next 5 years and how can you best prepare for this trend?


Mark Heckert, Chief Product Officer at ICE Data Services

Mark Heckert

Chief Product Officer
ICE Data Services

Kenneth Monahan, Senior Analyst at Greenwich Associates

Kenneth Monahan

Senior Analyst
Greenwich Associates

10:10 am - 10:50 am All Star Panel *CHATHAM HOUSE RULE* - The top five factors you should consider when investing in bond ETFs: How can you factor in adoption, volatility and liquidity and tactically integrate ETFs in your asset allocation strategy to boost performance?

  • Assessing the real benefits of ETFs: How can investors create a roadmap to better serve their clients’ needs? 
  • How can you counteract risks and trading issues like market structure and liquidity with ETFs?
  • How can ETFs better understand the underlying market and create a dynamic that provides better access to liquidity pools?
  • What are the operational issues of ETFs and how are they disrupting market structure?
  • How are the buy side reaping the liquidity and cost benefits associated with ETFs within their portfolios?
Rick Harper, Head of Fixed Income and Currency at Wisdomtree Asset Management

Rick Harper

Head of Fixed Income and Currency
Wisdomtree Asset Management

Jarred Sherman, Managing Director, Fixed Income Portfolio Manager at J.P. Morgan Asset Management

Jarred Sherman

Managing Director, Fixed Income Portfolio Manager
J.P. Morgan Asset Management

Rene Casis, Portfolio Manager at American Century Investments

Rene Casis

Portfolio Manager
American Century Investments

Bill Ahmuty, Head of Fixed Income - SPDR at State Street Global Advisors

Bill Ahmuty

Head of Fixed Income - SPDR
State Street Global Advisors

Adam Gould, Head of U.S. Equity at Tradeweb

Adam Gould

Head of U.S. Equity
Tradeweb

Kenneth Monahan, Senior Analyst at Greenwich Associates

Kenneth Monahan

Senior Analyst
Greenwich Associates

All times are in EST

10:50 am - 11:10 am Networking Break


THE EVOLUTION OF RATES

11:10 am - 11:30 am Treasury Keynote: The U.S. Treasury Market: Lessons from 2020 and the outlook for the future

  • How is the U.S. Treasury planning to create additional transparency? And, how will this impact Wall Street banks and their trading strategies?
  • How can platform providers benefit from additional transparency, and what does it mean in terms of data quality and resource allocation?
  • Making transaction data public: How will this move help achieve greater price transparency and understand how volumes fluctuate?
  • Encouraging greater interest in securities: How will you gain a better understanding of how much volume is passing through the market, particularly in off-the-runs?
Nicholas Steele, Deputy Director of the Office of Debt Management at U.S. Department of the Treasury

Nicholas Steele

Deputy Director of the Office of Debt Management
U.S. Department of the Treasury

David Saab, Managing Director at Aperture Investors

David Saab

Managing Director
Aperture Investors


Michael O’Brien, Director of Global Trading at Eaton Vance

Michael O’Brien

Director of Global Trading
Eaton Vance

Sean Hodgson

Executive Director BrokerTec Products
CME Group

Susan Estes, Co-Founder, CEO & President at Opendoor

Susan Estes

Co-Founder, CEO & President
Opendoor

Chris Amen, Head of Dealerweb U.S. Treasury Actives at Tradeweb

Chris Amen

Head of Dealerweb U.S. Treasury Actives
Tradeweb

Brad Bailey, Research Director, Capital Markets at Celent

Brad Bailey

Research Director, Capital Markets
Celent

12:00 pm - 12:30 pm Panel Discussion - Electronification of REPO: How are the buy side embracing this evolution to reap the clearing, STP and liquidity benefits?


Robert Zambarano, MD, Macro Products Strategist at Guggenheim Partners

Robert Zambarano

MD, Macro Products Strategist
Guggenheim Partners

Matthew Scharpf, Vice President, Fixed Income Sales, Derivatives, Funding & Financing – Americas at Eurex

Matthew Scharpf

Vice President, Fixed Income Sales, Derivatives, Funding & Financing – Americas
Eurex

John Edwards, Managing Director at BrokerTec Quote

John Edwards

Managing Director
BrokerTec Quote

Audrey Blater, Senior Analyst at Aite Group

Audrey Blater

Senior Analyst
Aite Group

12:30 pm - 1:00 pm Fireside Chat: Setting out your LIBOR transition roadmap - How can you mitigate the impact this change will have on swaps trading?

  • How can you prepare for a cross-unit multi-geo transition and what impact will this have on both future and legacy contracts?
  • The practicalities of benchmark reform: How have regulators handled this transition and what are the timelines for change?
  • How do reference rates differ from each other and how do the respective policies differ across jurisdictions?
  • What are the key risks associated with the transition and how can you identify these and mitigate them early to reduce the impact on your trading desk?
John Lanius, Portfolio Manager at Vanguard

John Lanius

Portfolio Manager
Vanguard

James Wallin, Senior Vice President, Fixed Income at AllianceBernstein

James Wallin

Senior Vice President, Fixed Income
AllianceBernstein

Elisabeth Kirby, Head of US Rates Product & Strategy at Tradeweb

Elisabeth Kirby

Head of US Rates Product & Strategy
Tradeweb

Michael H. Koegler, CEO at Market Alpha Advisors LLC

Michael H. Koegler

CEO
Market Alpha Advisors LLC

ELECTRONIFICATION OF MUNICIPAL BONDS

1:00 pm - 1:30 pm 360 Perspective: The practicalities of municipal bond electronification - How can you leverage technology to best execute such a unique complex product and enhance your liquidity process to overcome fragmentation issues?


Justin Land, Chief Investment Strategist - Wasmer Schroeder Strategies at Charles Schwab Investment Management

Justin Land

Chief Investment Strategist - Wasmer Schroeder Strategies
Charles Schwab Investment Management

Jim Switzer, Global Head of Fixed Income at AllianceBernstein

Jim Switzer

Global Head of Fixed Income
AllianceBernstein

Steve McLaughlin, Head of North America Enterprise Sales - Financial Services at IHS Markit

Steve McLaughlin

Head of North America Enterprise Sales - Financial Services
IHS Markit

Ari Burstein, President at Capital Markets Strategies

Ari Burstein

President
Capital Markets Strategies

All times are in EST

1:30 pm - 2:30 pm Lunch Break


1:30 pm - 2:30 pm Virtual Round Table - Linear credit exposure wrappers: How can bond index futures help mitigate the impact of UMR?

Turn your camera on to connect and discuss with your FILS peers.

 

David Litchfield, Director, Derivatives Sales at CBOE

David Litchfield

Director, Derivatives Sales
CBOE

1:30 pm - 2:30 pm Diversity & Inclusion THINK TANK - Building high-performance teams: Covering everything from communications, self-branding and career progression and how diversity should be used as a competitive advantage on your fixed income desk

*Turn your camera on to connect and discuss with your FILS peers during our virtual networking break

Jennifer Litwin, Vice President, Head of Financial Services at The Forem

Jennifer Litwin

Vice President, Head of Financial Services
The Forem


ASSET MANAGERS THINK TANK

2:30 pm - 3:15 pm The quest for yield: How can asset managers apply lessons learnt from a global pandemic to step outside their comfort zone and enhance portfolio returns beyond 2020?


Mike Huff, Director of Portfolio Management and Asset Allocation at TIAA CREF

Mike Huff

Director of Portfolio Management and Asset Allocation
TIAA CREF

Tom Leone, Head of Public Fixed Income at PartnerRe

Tom Leone

Head of Public Fixed Income
PartnerRe

End of FILS USA Virtual Day 2