|
ROUNDUP
The Asian Finance and Capital Markets conference 2003 was successfully held on the 5th November with
close to 300 delegates attended the event. We are very delighted to see that many guests have come to
support us despite a very difficult year in Asia because of SARS and the War.
It was a wonderful event with of a great range of areas that are of interest to the delegates. To start
with, we had DBS Bank sharing with the audience their experience in the first ever cross border REIT in
Asia. Galen Lee highlighted why Singapore was chosen for the Cheung Kong Fortune REIT and the
challenges that they face during the execution process. Mr. Lee wrapped up his presentation by looking
ahead of the REIT market in Singapore and the changes in the regulations in the region.
The second presentation was delivered by Professor Richard Ho, the member of the Hong Kong Committee
for Pacific Economic Cooperation. In his interesting presentation on the development of the Asian
Bond Markets, Professor Ho outlined the actions that have been taken by the various Asian governments
(such as the setting up of the Asian Bond Funds) and the hurdles that we are facing so far. Being a
member of the Hong Kong Government think tank, he also highlighted the importance of the support of
the government and the potential needs of bond issuance and securitizations in Hong Kong because of
the budget deficit.
Ms. Eleanor Lim of Euroclear Bank offered a very comprehensive overview of Euroclear services and
explained in details how Assets can be optimized using their Triparty Collateral Management mechanism.
The development of the global collateral management solution was also highlighted.
Attracted by the presentation title of "Why do the Rich Get Richer? From Wall Street to Main Street",
the delegates found out how hedge funds should be an important part of investment portfolio from the
leading expert, Mr. Michael Coglin, the Head of Product Management of Deutsche Bank Private Wealth
Management. Mr. Coglin also shared with the audience the findings of the various survey conducted
by Deutsche Banking regarding Hedge fund and asset allocations.
In both the coffee break and the buffet lunch break, the audience had the chance to speak to the speakers
as well as visit the exhibitor booths to learn more about their products and services.
The afternoon session started with the presentation from Mr. Rohan Bedi, Head of Anti-money laundering
(AML) of PricewaterhouseCoopers. Mr. Bedi highlighted the importance of AML and how the issue is related
to not only the compliance and risk management personnel but also to front line professionals including
brokers, private bankers etc. Mr. Bedi explained the development of AML in Asia and put in simple terms
how the various form of money laundering problems (Terrorist funding, Drug Money, Bribery etc.) are
affecting the Asian countries. Mr. Bedi also spent a considerable of time to offer the audience the
insights of how an organization should do to tackle the issue.
The final presentation of the day was delivered by Dr. Warren Huang of OSA, who flew in all the way
from San Francisco. With over 20 years of tracking the various Asia economies, Dr. Huang discussed
with the delegates on the situations of China, Hong Kong, Singapore, Japan, Taiwan and Korea. Dr.
Huang also explained the models that he used in predicting the asset prices, stock prices, Oil and
Steel prices and demand as well as bubble burst warning.
The conference was well received and the delegates left the conference with a lot of useful knowledge
and information and we would like to thank our sponsors and supporting organizations again for their
kind supports. We would like to thank also those delegates who filled up the evaluation forms.
Click here for more photos during the event
SPONSORS / SUPPORTING BODIES

|