Main Conference Day– Thursday 27 September 2012

7.45 Registration and morning coffee Registration and morning coffee

7.50 Breakfast Introductory Workshop: Understand what an ETF is and its role in portfolio construction Investors who believe in ‘Never invest in something you don’t understand’ always ask many questions when choosing ETFs to use in their investment portfolio. Some investors are still quite conservative when allocating to ETFs. This 1 hour workshop will provide you a comprehensive introduction to ETFs, acting as primer for the main conference. Issues discussed include: What is an ETF? What are the different types of ETFs available? How is an ETF structured and traded? Determining how best to use ETFs when diversifying your investment portfolio? What are risks associated with ETFs? Liquidity? Tracking errors? Discount and premium? Counterparty? or else? What protection is available for investors? Who are the main ETFs issuers, market makers and exchanges in the region and what products and services do they provide?

8.45 Conference Opening Remarks Worldwide Business Research

8.50 Chair’s Opening Remarks Pawan Verma, Chief Operating Officer, Star Union Dai-ichi Life Insurance Chair’s Opening Remarks Pawan Verma Chief Operating Officer, Star Union Dai-ichi Life Insurance

9.00 Opening Address: Examining the latest regulatory ETF developments in Hong Kong (tbc) Christina Choi, Director of Investment Products, Hong Kong Securities and Futures Commission Since the first ETF was launched nearly two decades ago, ETFs have been closely watched by regulators globally. Regulators in Hong Kong and Singapore are taking different measures to regulate synthetic ETFs, which has led to different growth patterns in these two markets. In this presentation a leading regulator will share their perspectives on the ETF market and discuss: The role of the regulator regarding ETF products The growing synthetic ETF market and how it should be regulated Understanding how the SFC has refined the framework for ETFs in order to provide better investor protection What lessons can be learnt from other regulators approaches regarding ETF guidelines? Christina Choi Director of Investment Products, Hong Kong Securities and Futures Commission

9.15 Keynote CIO Panel – Finding the balance between passively and actively managed funds to maximise your investment return Conrad Cheng, Chief Investment Officer, Lippo Investment Management Binay Chandgothia, CIO, Principal Global Investors Charlotte Wun, CIO, RBC Investment Management A.K. Sridhar, CIO, IndiaFirst Life Insurance Company Thanks to a unique structure that allows for liquidity, transparency, and tax efficiency, ETFs have quickly taken market share from other types of securities, bringing flexibility to all types of portfolios. Have you invested in ETFs? If so how well have they performed? In this panel, we welcome 4 experienced CIOs who have effectively managed ETFs in their investment portfolio to share their insights on: What criteria should you consider when choosing which ETFs products to invest in? Should ETFs be used more for strategic or tactical asset allocation decisions? Examining the growth of non-equity ETF products and their role in your investment portfolio Identifying the main risks and challenges associated with ETF investments. Practical advice for overcoming the following challenges: double tax liquidity counterparty risks time/price differences between ETF trading and underlying asset trading investing in overseas ETFs What new ETFs and index products are needed in the market from a CIO’s point of view? Conrad Cheng Chief Investment Officer, Lippo Investment Management Conrad has 20 years of experience in the investment industry. In the late 80’s, he began his career in Australia with the AMP Society. His first position in Asia was an Actuarial Analyst, specialising in pension and asset consulting. In the mid 90’s, he spent four years at Schroder as an Institutional Fund Manager. He also joined Standard Chartered Bank as Actuarial & Investment Ma [read more] Binay Chandgothia CIO, Principal Global Investors Binay is a Hong-Kong based Portfolio Manager for Multi-Asset Advisors, an investment boutique of Principal Global Investors. He has more than 18 years of experience in portfolio management across equities, fixed income and asset allocations. Prior to his current role, he served as Chief Investment Officer for Principal Global Investors (Hong Kong) and Principal Asset Management (Asia) where he was [read more] Charlotte Wun CIO, RBC Investment Management Charlotte Wun is Chief Investment Officer for RBC Wealth Management’s discretionary investment management business in Asia. In her role Charlotte is responsible for working out investment strategy with RBC Wealth Management’s head office for its Asian clients. As the Chief Investment Officer for Asia, Charlotte oversees the Investment team in Hong Kong and Singapore. Through her 20 years at RBC We [read more] A.K. Sridhar CIO, IndiaFirst Life Insurance Company Mr. A K Sridhar has over 25 years of experience in Finance and Funds Management area.Presently, Mr. Sridhar is the Executive Vice President and Chief Investment Officer of IndiaFirstLife Insurance Company, a joint venture life insurance Company, promoted by Bank of Baroda andLegal & General Group of UK. He looks after all the investment management functions of theCompany along with [read more]

10.00 Morning networking break, real time polling and opportunity to view exhibition Morning networking break, real time polling and opportunity to view exhibition

10.35 Keynote: Gaining an insight into the latest ETF and index fund developments in Asia and determining how you should best be looking to these into your investment strategy in uncertain market conditions Deborah A. Fuhr, Partner & Co-founder, ETFGI LLP Investors are increasingly embracing ETFs in their investment portfolio. We have seen that the growth of new ETFs isn’t slowing down despite of the ongoing financial uncertainty. We also have seen many investors who are still very cautious when it comes to investing in ETFs. Is ETF a good investment vehicle for meeting your risk/reward appetite? What will the next crop of ETFs look like? In this session, we take a 360 degree view of ETFs on their growth, innovation, competition and future. Discussing how the on-going global financial crisis has impacted your investment preferences – how has allocating to ETFs and index products helped to mitigate risk? Comparing different regulatory approaches to ETFs globally and what challenges and opportunities they create Are there too many ETFs? Identifying what criteria you should use when navigating through the myriad of ETFs product offerings to determine which is the most appropriate for your investment portfolio Discussing how to diversify risks in your portfolio by strategically and tactically allocating to ETFs in different asset classes How can small ETF providers survive in this challenging market? What new products are needed in a global downturn? Deborah A. Fuhr Partner & Co-founder, ETFGI LLP Deborah Fuhr is a partner and co-founder of ETFGI, an independent research and consultancy firmestablished in early 2012 aimed at providing services to the rapidly expanding global Exchange TradedFund (ETF) industry and investors. The firm is focused on providing thought leadership, publishingindependent research on the industry, products, applications, compet [read more]

11.00 Panel Discussion: Determining optimal trading strategies when investing in ETFs Pawan Verma, Chief Operating Officer, Star Union Dai-ichi Life Insurance Daniel Lee Cheok Ching, Director, Electronic Trading, DBS Vickers Securities (Singapore) Kingsley Jones, Founder & Chief Investment Officer, Jevons Global Bernardus Roelofs, Global Head, ETF Sales Trading, Flow Traders Christopher Chua, Senior Dealer, Eastspring Investments (Singapore) Limited Just because ETFs can be bought and sold while markets are open doesn’t mean investors should be day-trading with ETFs. If you are considering embracing ETFs into an investment portfolio, you may want to understand how they have been traded. For example, wider bid/ask spreads may eat away at potential returns on an investment. A panel of experienced traders from asset managers and market makers will be on hand to deliver an in-depth discussion on the following subjects: Understanding how ETFs are currently traded – a demonstration from leading market makers During periods of high market volatility and uncertainty, what are effective trading strategies in order to ensure your return? limit order monitoring discount/premium to your NAV taking advantage of short-term movement How to trade ETFs in different regions to overcome challenges in foreign exchange risk tax time/price difference market risk tracking errors What’s in the cost of trading ETF? How to achieve cost effective while ensuring liquidity and trading volume for day traders? Examining the role of high frequency trading (HFT) on ETF liquidity Pawan Verma Chief Operating Officer, Star Union Dai-ichi Life Insurance Daniel Lee Cheok Ching Director, Electronic Trading, DBS Vickers Securities (Singapore) Daniel Lee has 14 years of experience in stock broking. He is responsible for the Electronic Trading (DMA), Securities Lending, ETF and Commission Sharing Arrangement business. Prior to joining DBS Vickers, Daniel worked in equity sales, sales trading and research with WI Carr. Before that he was doing research at the University of Cambridge. Daniel holds an first class honours degree from the Que [read more] Kingsley Jones Founder & Chief Investment Officer, Jevons Global Kingsley Jones has been involved in quantitative investment and trading for fifteen years in a variety of roles. Presently, he is CIO and Managing Partner for Jevons Global, a global thematic equities investment firm. Prior to that he led the Global Thematic Strategy team at Macquarie Group; was Global Head of Quantitative Trading research at AllianceBernstein LP; a founding member of the Australi [read more] Bernardus Roelofs Global Head, ETF Sales Trading, Flow Traders Mr Bernardus Roelofs, Global Head ETF Sales TradingFlow Traders, Singapore and AmsterdamBernardus Roelofs is Global Head ETF sales trading for institutional investors at Flow Traders. Bernardus has been a specialized ETF sales trader and advisor for more than 9 years, first at HVB/UniCredit and from 2008 at Flow Traders where he set up the sales trading business. In his role he actively promotes t [read more] Christopher Chua Senior Dealer, Eastspring Investments (Singapore) Limited Christopher Chua,Senior Dealer, Singapore,Eastspring Asset Management Christopher started his career in Prudential Asset Management (S) Ltd in Year 2008. He is responsible for dealing in Asia ex-Japan equities, Latam/EMEA equities, US ADRs/ETFs, London ETFs as well as Equity/Fixed Income derivatives. Prior to joining Prudential Asset Management, he has over 9 years experience in the Futures Indust [read more]

11.40 Presentation: Exploring innovations in index construction in order to meet the growing needs of the Asian market Priscilla Luk, Director of Index Research & Design, S&P Indices While the ETF industry has been expanding, the industry for index providers has also exploded along with new product offerings. Index providers have to tailor their products to reflect the needs of investors. In this session, we will discuss: Comparing different indices on the same underlying asset on how these indices are structured their ETF products and market performance Examining the changing needs of Asian investors and how index products have evolved to meet their preference. What index innovations in terms of asset classes can you expect in the next 5 years? How can index providers and ETF issuers best work together to capitalise on the booming ETF market in Asia? Priscilla Luk Director of Index Research & Design, S&P Indices Priscilla joined S&P Indices as Director, Index Research and Design, S&P Indices in January 2012. Prior to S&P Indices, Priscilla has spent ten years in equity research. She was Asian equity strategist with Deutsche Bank (Hong Kong), and Global equity strategist with both Mirae Asset Securities (Hong Kong) and Citigroup (Hong Kong). Priscilla graduat [read more]

12.10 Presentation Yoshihisa Ito, Manager, Listed Trust Business Development Section of Frontier Strategy Planning and Support Division, Mitsubishi UFJ Trust and Banking Corporation Reserved for sponsor Yoshihisa Ito Manager, Listed Trust Business Development Section of Frontier Strategy Planning and Support Division, Mitsubishi UFJ Trust and Banking Corporation

12.25 Lunch Break and opportunity to view exhibition Lunch Break and opportunity to view exhibition

13.20 Roundtable 1: China focus13.20 Roundtable 2: India focus13.20 Roundtable 3: Southeast Asia foc... 13.20 Roundtables 13.20 Roundtable 1: China focus Stuart Leckie, Chairman, Stirling Finance Examining the impact of regulatory changes on QDII and QFII in China – how will this change your ETF investment landscape? Stuart Leckie Chairman, Stirling Finance Mr. Stuart Leckie is Chairman of Stirling Finance Limited and advises on investments and pensions in China. He is the author of books titled “Investment Funds in China” and “Pension Funds in China”. He is the Founding Chairman of the Hong Kong Retirement Schemes Association, acts as an advisor or trustee to a number of funds and is a member of the CFA Institute Advisory Council.Mr. Leckie has been [read more] 13.20 Roundtables 13.20 Roundtable 2: India focus Roop Betala, Chief Executive Officer, Volvie Capital Management Using ETFs and index funds to access India – what’s so special about it? Roop Betala Chief Executive Officer, Volvie Capital Management ROOP CHAND BETALADirector – Volvie Capital Management Mr.Roop Betala is the Director of Volvie Capital. Volvie Capital advises companies who want to set up India ETF funds from concept to final listing in the US. Volvie Capital was established in 1995 and has office in Mumbai, Singapore and New York. Volvie Affiliate company, Betala Stock Broking was the official market maker of benchmark ETF in I [read more] 13.20 Roundtables 13.20 Roundtable 3: Southeast Asia focus Anthony Siau, Senior Vice President, RHB Investment Management Understanding Southeast Asian investors’ preferences in ETFs and index funds – investing offshore or domestically? Anthony Siau Senior Vice President, RHB Investment Management

13.20 Roundtable 4: Australia focus13.20 Roundtable 5: Ex-Asia focus13.20 Roundtable 6: Korea focus Roundtables 13.20 Roundtable 4: Australia focus Tim Bradbury, Principal, ETF Consulting Exploring the dynamics of the fast growing ETF market in Australia - benefits and challenges Tim Bradbury Principal, ETF Consulting Tim Bradbury is the Principal of ETF Consulting and has more than 22 years’ experience inAustralian financial services. He has worked in a range of businesses roles building expertisein management, sales and distribution, product development and marketing.He has covered a broad range of businesses spanning asset management, financial advice,investment banking and financial markets, with the last 7 [read more] Roundtables 13.20 Roundtable 5: Ex-Asia focus Anthony Christodoulou, Principal, Worldtrack Using ETFs and index funds to access the global market and comparing Asia ETF market to Europe and US – what’s missing and what works Anthony Christodoulou Principal, Worldtrack Anthony Christodoulou has been trading and managing Exchange Traded Funds since 2001 and founded Worldtrack in April 2009. Prior to this he spent three years as a Director of EFG International. He has over a decade’s worth of experience in managing the wealth of ultra high-net worth individuals at firms including Merrill Lynch and UBS. He has a Masters from the London School of Economics and is re [read more] Roundtables 13.20 Roundtable 6: Korea focus Exploring the most frequently traded ETF market in Asia and understanding Korean investors investment preferences

14.20 Recaps on roundtable discussions Recaps on roundtable discussions - 5 min each

14.50 The big debate: this house believes that synthetic ETFs offer greater benefits to investors than physical ETFs Richard Harris, Founder & CEO, Port Shelter Investment Management As the range of ETFs grows, so does the complexity of the product, in particular synthetic ETFs which use derivatives such as swaps. Some ETF industry insiders have claimed that synthetic ETFs expose investors to unnecessary and unadvertised counterparty risks. In response, synthetic ETF supporters state that their products can offer lower costs and closer tracking while being as safe as physical ETFs. Hong Kong and Singapore have been the leading markets for synthetic ETFs. In this lively Oxford style debate, we welcome investors who hold different opinions on synthetic ETFs. Are synthetic ETFs a good vehicle for you? What type of ETFs, synthetic or physical, offer the lowest tracking difference? Comparing trading costs of physical and synthetic ETFs Counterparty risks with synthetic products – are they as serious or just overhyped? To what extent can counterparty risks be reduced by the posting of collateral? How well have the panelists synthetic and physical ETF products performed over the last year as both an investment and diversification tool? Richard Harris Founder & CEO, Port Shelter Investment Management Richard Harris, RICHARD HARRIS• Entrepreneurial Fund Manager, Investment Strategist and Analyst. • Thirty three years of experience, including six years as a Civil Engineer• 43 years in Asia, many multi-cultural contacts, multi-skilled financial professional• Built investment businesses in Australia, China, Hong Kong, Indonesi [read more]

15.30 All-star panel: Driving innovation in the ETF marketplace – where will the opportunities lie in the next generation of ETF products? The development of the ETF industry has not been without its challenges – investor awareness, regulatory changes, competition etc. ‘Innovation’ has been the key for market leaders to build on their success. The pace of innovation has accelerated dramatically in the past few years, which has led to hundreds of new products. This all-star panel brings together leading ETF experts to provide insights on current market trends, challenges and the next generation of ETFs. Topics cover: Evaluating the Asian ETF market – what ETFs have been missed out? Examining the role that various asset class ETFs play and discussing how to weigh them in your investment portfolio in order to hedge risks Equity Commodity Fixed income Futures and options What can ETF providers do to encourage further confidence of investors in investing new ETFs and delivering higher returns? What new products are coming out? Are you ready?

16.00 Afternoon break Afternoon break and opportunity to view exhibition

16.30 Panel Discussion: Private banks and wealth management companies panel: Examining how private banks and wealth managers are advising their HNWI clients how to use ETFs in their investment portfolios Angel Wu, Regional Head of Products & Solutions, Asia, ABN AMRO Private Banking Noor Quek, Managing Director, NQ International Jimmy Cheung, Senior Investment Analyst, Harris Fraser Group Kevin Chi Kit Liem, Chief Investment Officer & Portfolio manager, TTG (HK) Are you interested in learning how private banks and wealth managers have successfully used ETFs in their asset allocation? You can find answers directly from them in this panel discussion.   What role are ETFs playing in private banks and wealth managers’ asset allocation? How do private banks and wealth managers differentiate themselves from institutional investors in terms of asset allocation strategies? What kind of ETFs are their customers interested in? How do they differentiate ETF offerings to customers? Discussing strategies to overcome challenges of investing in ex-Asia ETFs in terms of market risk currency rate fluctuations time/price differences Angel Wu Regional Head of Products & Solutions, Asia, ABN AMRO Private Banking Noor Quek Managing Director, NQ International  has almost 40 years experience in a broad range of banking and financial services with various established institutions. Her previous positions, all based in Singapore, with regional responsibilities, include being Director and Head, Business Development (South East Asia), The Citigroup Private Bank, Director, Business Development (South East Asia), GE Capital and Deputy Managing Director, Rabob [read more] Jimmy Cheung Senior Investment Analyst, Harris Fraser Group Kevin Chi Kit Liem Chief Investment Officer & Portfolio manager, TTG (HK) Kevin Liem is the Chief Investment Officer for TTG (HK) Limited, a prominent wealth manager in Hong Kong and the fund manager for Perspective Global Rotational Strategy. His main responsibilities are to formulate global investment strategies and supervise the asset management functions of the business. Prior to joining TTG (HK) Limited, he was a senior analyst with Aetos Capital Asia, an Asia Paci [read more]

17.10 Roundtables: 17.10 Roundtables:17.10 Roundtables:17.10 Roundtables: Assessing and choosing right ETFs in your asset allocation in order to mitigate risks, gain exposure to market and decrease costs– which one is the best tool for your investment portfolio? 17.10 Roundtables: Roundtable: 1 Equity ETFs focus Assessing and choosing right ETFs in your asset allocation in order to mitigate risks, gain exposure to market and decrease costs– which one is the best tool for your investment portfolio? 17.10 Roundtables: Eric Yik-Cheung Chow, Senior Fund Manger, Value Partners Roundtable: 2 ETF futures and options Eric Yik-Cheung Chow Senior Fund Manger, Value Partners Eric Chow, Senior Fund Manager, Hedge Fund Portfolio ManagerMr. Eric Chow joined Value Partners in April 2002. He is the sole portfolio manager of the Value Partners Hedge Fund, the only fund nominated as the “Best Greater China Hedge Fund” for 2 consecutive years at the Eurekahedge Asian Hedge Fund Awards 2010 and 2011. In 2011, the Thomson Reuters Extel Asia Pacific Survey ranked Mr. Chow as one [read more] assessing and choosing right ETFs in your asset allocation in order to mitigate risks, gain exposure to market and decrease costs– which one is the best tool for your investment portfolio? 17.10 Roundtables: Oliver Hesketh, Senior Consultant, Tria Investment Partners Roundtable: 3 Fixed income ETFs focus Oliver Hesketh Senior Consultant, Tria Investment Partners Oliver has 9 years’ experience in the wealth management industry, including three years in the UK. Roles have included product management, product development and marketing.Prior to joining Tria, Oliver gained experience as a Product Manager at Leveraged Equities and the London Stock Exchange, where he focused on alternative trading products including ETFs, structured products, commodities and war [read more] assessing and choosing right ETFs in your asset allocation in order to mitigate risks, gain exposure to market and decrease costs– which one is the best tool for your investment portfolio? 17.10 Roundtables: Roundtable: 4 Commodity ETFs focus

18.00 Recaps on roundtable discussions Recaps on roundtable discussions - 5 min each

18.30 Chair’s Closing Remarks Chair’s Closing Remarks

18.35 Networking Drinking Reception Networking Drinking Reception – ETF Award