The Asset Events

3rd ETF Asia Summit

ETF 2.0: Process, Portfolio, Platform

September 12 2017 - Taiwan

第三屆ETF亞洲峰會

ETF 2.0: 發展進程,投資組合與平台建設

二零一七年九月十二日 - 台灣
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As the assets of the exchange traded fund (ETF) industry crossed the US$4 trillion mark, interest in ETFs continues to grow. The industry itself is evolving. From being a product and supply-led sector, application and demand now underpin the sector’s expansion. Until recently, regulators, stock exchanges and providers were major drivers of ETF activity. Today, investment demand from pension funds, insurance companies and banks is influencing trade.

In fact, institutional investors are now among the biggest users of ETFs globally. They are taking up a huge share of the assets that general investors, wealth management firms and private banks used to dominate. In Japan, the Government Pension Investment Fund – the world’s largest pension fund – and the central bank invest in ETFs, fuelling demand for the Japanese depositary receipts.

Meanwhile, the changing ETF landscape is driving ETF providers to rethink their strategies amid the increasing participation of institutional investors. Beyond launching new ETF products, providers are also offering solutions to investors.

The 3rd ETF Asia Summit, aptly titled ETF 2.0: Process, Portfolio, Platform, will bring together the most influential participants driving the growth of the ETF sector in Asia to discuss the newest trends in the market. Beyond obtaining strategic exposures, how are institutional investors deploying ETFs to meet their investment guidelines? How can ETFs play a role in the current low interest rate environment? How effective are factor-based ETFs in helping to manage portfolio volatility? With the popularity of multi-asset investing, what is the advantage of employing ETFs as part of the asset allocation?

The Asset Events is pleased to present the 3rd ETF Asia Summit 2017, a strategic one-day event, which will bring together investors, asset managers and product providers to discuss and debate the factors driving the development of the ETF market in Asia.

隨著進入ETF市場的資本超過4萬億美元,投資者對ETF的興趣持續增長。行業本身也在不斷革新,從起初以產品與供應為主導,到現今的應用與需求支撐了行業的擴張。近年來。監管機構、證券交易所和供應商成為ETF發展的主要動力。時至今日,來自退休基金、保險公司和銀行的投資需求正影響著市場交易。

事實上,機構投資者現為全球最大的ETF用戶之一,他們正接手曾經由一般投資者、財富管理公司和私人銀行所支配的大量資產份額。在日本,全球最大的退休基金 ——政府退休投資基金和日本央行針對ETF的投資,令其國內股票市場進一步升溫。

與此同時,隨著越來越多機構投資者參與其中,ETF格局的變化也促使供應商們重新考量其策略。除推出新的ETF產品之外,供應商也為投資者提供個性化的解決方案。

值此背景,第三屆ETF亞洲峰將以 “ETF 2.0: 發展進程,投資組合與平台建設”為主題,匯聚推動亞洲ETF市場發展的行業精英,共同討論市場最新動態。除確保投資戰略所面對的風險之外,機構投資者如何配置ETF以達到其投資指標?在當前的低利率環境下,ETF又將扮演怎樣的角色?因素為本的ETF如何能有效應對投資組合的波動性?隨著多元資產投資的盛行,ETF作為資產配置渠道之一能如何展現其優勢?

Venue
Conrad Centennial Singapore Hotel
Le Méridien Taipei
 
38 SongRen Road, Xinyi District Taipei
Taiwan
September 12 2017
地點
Conrad Centennial Singapore Hotel
台北寒舍艾美酒店
 
台北市信義區松仁路38號
台灣
二零一七年九月十二日

Speakers / Agenda

08.00
Registration
08.40
Opening remarks
Daniel Yu
Daniel Yu
Editor-in-Chief
The Asset
09.00
Asset Events Panel
Morning keynote address
Daniel Yu
Dr. Tien-Mu Huang
vice chairman
Financial Supervisory Commission
09.20
Asset Events Panel
Panel: ETF 2.0: Process, portfolio, platform
Demand for ETFs is strong as investors continue to favour passive strategies amid a low yield environment. Product innovation is a key element driving growth as providers launch new funds addressing specific investor needs. Initially used for diversification, ETFs are transforming into tools for liquidity and cost management. With ETFs ushering in a new era, what will this mean for investors?
  • What is driving the growth of the ETF market in the Asia-Pacific?
  • What role do ETFs play in managing volatility?
  • ETF gain, derivatives loss – is the switch happening?
  • ETF trading and liquidity – trends and opportunities
Reggie Chen
Reggie Chen
head of product and advisory, private banking group
Cathay United Bank
Antoine de Saint Vaulry<
Antoine de Saint Vaulry
director, head of ETF & flow trading, Asia-Pacific
Commerzbank
Steve Mantle
Steve Mantle
offshore fund raising director
VietFund Management
Bayani Cruz
Bayani Cruz
executive editor
The Asset
09.50
Asset Events Panel
In conversation: Deploying ETFs by institutional investors – tactical vs strategic
Increased ETF adoption by institutional investors has contributed to the continued growth of the ETF industry in Asia. Asian asset owners use ETFs for both strategical and tactical applications including portfolio diversification and liquidity management. What is the outlook for the use of ETFs by institutions? What role can ETFs play in multi-asset portfolios?
Xi Zhang
Jeff Chang
vice president
Pension Fund Association R.O.C
Julian Liu
Julian Liu
president & chief executive officer
Yuanta SITC
Daniel Yu
Daniel Yu
Editor-in-Chief
The Asset
10.20
Networking and coffee
10.50
Asset Events Panel
Panel: Exchanges and ETFs – how to grow the market
Asian exchanges have been proactively campaigning to develop the region’s ETF industry. Japan, South Korea, Taiwan and Hong Kong lead the charge with Southeast Asia steadily catching up. Which initiatives can further grow the market?
  • Cross-border connections: What partnerships have been formed?
  • Product innovation and new ETFs
  • Investor protection and new regulations
  • What incentives have been made available to increase participation?
Pradeep Pant
Bella Chiu
director, sales and client
Singapore Exchange
Pony Huang
Pony Huang
senior vice president, corporate planning & strategy department
Taiwan Stock Exchange
Mark Lee
Mark Lee
chief representative, Hong Kong office
Tokyo Stock Exchange
Bayani Cruz
Bayani Cruz
executive editor
The Asset
11.20
Asset Events Panel
Panel: Digitalization, robo-advisory and its impact on ETFs
The rise of fintech in Asia has transformed the investment landscape in the region. As tech-savvy Asian investors continue to embrace digitalization, online platforms and robo-advisors have started making their way to Asian markets. How will this trend impact the Asian ETF industry?
  • What digital platforms are available for ETF investors?
  • What are the advantages in using digital platforms?
  • How can investors manage the risks of investing in ETFs through robo advisors?
  • How are investors protected in this space?
Pradeep Pant
Pradeep Pant
head of retail & private banking, Taiwan
ANZ
Steven Seow
Steven Seow
head of wealth management, Asia
Mercer
Steve Yang
Steve Yang
senior partner and head of Taiwan & China
Privé Financial
Solaiyappan
Aananth Solaiyappan
co-founder and CTO
WeInvest
Darryl Yu
Darryl Yu
assistant editor
The Asset
12.00
Luncheon
13.00
Asset Events Panel
Panel: ESG and social impact investing: can ETFs play a role?
Environmental, social and governance (ESG) investment is increasingly becoming an important component of Asian investors’ portfolios. The buzz around sustainability along with the increased availability of data on corporate sustainable practices are putting ESG at the core of Asian investors’ strategies. What role can ETFs play in this space?
  • How can investors use ETF to integrate ESG into their portfolios?
  • The rise of ESG ETFs
  • Smart beta and ESG – the next level?
Evan Ong
Evan Ong
managing director, Asia ETPs and listed derivatives strategy
FTSE Russell
Niven Huang
Niven Huang
General Manager
KPMG Sustainability Consulting
David W
David Wong
senior portfolio manager
Alliance Bernstein
Darryl Yu
Darryl Yu
assistant editor
The Asset
13.40
Asset Events Panel
In conversation: Managing liquidity and the rise of fixed income ETFs
Bond ETF investment in Asia has grown significantly over the last few years. The trend is expected to continue as institutional investors continue to favour bond ETFs as an alternative tool to meet liquidity and diversification requirements. How can investors take advantage of fixed income ETFs amidst increasing volatility?
Jack Chu
Jack Chu
senior investment advisor, private banking group
Cathay United Bank
Christopher Friese
Christopher Friese
head of Asia, Lyxor ETF
Société Générale
Ryan Chang
Ryan Chang
Senior fund manager, index and quantitative investment business department
Yuanta Securities Investment Trust
Daniel Yu
Daniel Yu
Editor-in-Chief
The Asset
14.20
Asset Events Panel
Panel: Smart beta – latest innovation and applications
Asian institutional investors’ allocations to smart beta have increased over the last few years. Risk management, diversification and a better risk-return profile have made smart beta ETFs more attractive than traditional ETFs. As investors increasingly adopt smart beta, indices and providers are pushing for new products and applications. What is in store for smart beta in Asia?
  • What role does smart beta play in portfolio construction?
  • What are the most widely used smart beta ETFs?
  • Smart beta commodities: What investors need to know
Cathay Securities Investment Trust
Andy Chang
president
Cathay Securities Investment Trust
Daniel Yu
David Lai
partner and co-chief investment officer
Premia Partners
Bayani Cruz
Bayani Cruz
executive editor
The Asset
14.50
Closing remarks
Daniel Yu
Daniel Yu
Editor-in-Chief
The Asset
15.00
End of summit

演講嘉賓及日程安排

08.00
登記
08.40
開幕致辭
Daniel Yu
杨韪铭
总编辑
《财资》
09.00
Asset Events Panel
上午主題演講
Daniel Yu
黃天牧博士
副主任委員
金融監督管理委員會
09.20
Asset Events Panel
小組討論:ETF 2.0: 發展進程,投資組合與平台建設
市場對ETF的需求十分強勁,因低收益率環境下投資者持續採取被動投資策略。隨著供應商推出解決投資者特定需求的新基金,產品創新也成為推動其增長的關鍵要素。從最初用於分散投資,ETF現正轉變為流動性和成本管理工具。隨著ETF的發展進入新階段,這將如何影響投資者的決策?
  • 推動亞太地區ETF市場增長的因素有哪些?
  • ETF在波動性管理方面發揮了什麽作用?
  • ETF市場的發展是否造成了衍生品市場的萎縮?
  • ETF的交易與流動性帶來的趨勢與機會?
Reggie Chen
陳宣宏
產品科主管
國泰世華銀行
Antoine de Saint Vaulry<
Antoine de Saint Vaulry
ETF及流動交易主管及董事
德國商業銀行(亞洲)
Steve Mantle
Steve Mantle
離岸集資總監
VietFund Management
Bayani Cruz
Bayani Cruz
執行編輯
《财资》
09.50
Asset Events Panel
主題對話:機構投資者配置ETF的策略
資本的流入促進了ETF行業的持續增長。在亞洲投資者的投資策略中,包括投資組合多樣化和流動性管理,ETF的配置已經成為不可忽視的一部分。對機構投資者而言,ETF配置的前景為何?
Xi Zhang
張錫
副理事長
中華民國退休基金協會
Julian Liu
劉宗聖
總經理及首席執行官
元大投信
Daniel Yu
楊韙銘
總編輯
《財資》
10.20
茶歇交流時間
10.50
Asset Events Panel
小組討論:交易所和ETF ─ 如何推動市場發展
交易所一直以來都積極地推動著亞洲場發展市場的發展。日本、韓國、台灣和香港在東南亞地區的主導地位也越發鞏固。為進一步增加其市場份額,交易所應當採取哪些措施?
  • 在國際交流方面已經形成了哪些合作夥伴關係?
  • 創新和新ETF產品
  • 投資者保護和新法規
  • 如何採取激勵措施以提高參與程度?
Pradeep Pant
Bella Chiu
director, sales and client
Singapore Exchange
Pony Huang
黃玻莉
企劃研究部經理
台灣證券交易所
Mark Lee
李彬凌
香港事務所香港代表
東京證券交易所
Bayani Cruz
Bayani Cruz
執行編輯
《財資》
11.20
Asset Events Panel
小組討論:數字化、智慧投顧對ETF的影響
金融科技在亞洲的發展改變了地區的投資格局。隨著數字化的盛行,網路平台和智慧投顧逐步進入亞洲市場,這一趨勢將對亞洲ETF市場產生怎樣的影響?
  • ETF投資者有哪些數字平台可使用?
  • 使用數字平台有哪些優勢?
  • 投資者如何通過智慧投顧管控投資ETF的風險?
  • 投資者如何在此領域受到保護?
Pradeep Pant
Pradeep Pant
個人金融總處長
澳盛(台灣)銀行
Steven Seow
Steven Seow
財富管理主管
美世亞洲
Steve Yang
楊祖威
高級合夥人兼台灣與中國區主管
Privé Financial
Solaiyappan
Aananth Solaiyappan
創始人兼首席技術官
WeInvest
Darryl Yu
楊義位
助理編輯
《財資》
12.00
午宴
13.00
Asset Events Panel
小組討論: 在環境、社會、治理(ESG)和社會影響投資領域,ETF將發揮怎樣的作用?
環境、社會、治理(ESG)領域的投資日益成為亞洲投資者投資組合的重要組成部分。圍繞可持續發展的討論和實驗數據的可行性都使ESG逐漸成為亞洲投資者戰略的核心。ETF在此領域可發揮什麽作用?
  • 投資者如何通過使用ETF將ESG納入投資組合中?
  • ESG ETF 產品的發展
  • Smart beta和ESG將會是下一發展階段的重點嗎?
Evan Ong
Evan Ong
亚洲區ETP產品及上市衍生品策略管理主任
富時羅素
Niven Huang
黃正忠
總經理
安侯永續發展顧問公司
David Wong
David Wong
高級投資經理
聯博資產管理公司
Darryl Yu
楊義位
助理編輯
《財資》
13.40
Asset Events Panel
主題對話: 流動性管理和固定收益ETF產品的發展
過去幾年,亞洲市場上對債券ETF產品的投資大幅增長。隨著機構投資者繼續選擇債券ETF作為替代工具,來滿足其流動性管理和多元投資組合的要求,預計這一趨勢將會持續下去。而在波動性增加的情況下,投資者應如何發揮固定收益ETF產品的優勢?
朱立文
朱立文
資深產品暨咨詢專業人員
國泰世華銀行私人銀行部
Christopher Friese
Christopher Friese
亞洲區Lyxor ETF業務主管
法國興業銀行
張勝原
張勝原
指數暨量化投資事業群資深基金經
元大投信
Daniel Yu
杨韪铭
总编辑
《财资》
14.20
Asset Events Panel
小組討論: Smart-beta--最新的創新和應用
過去幾年中,亞洲機構投資者對Smart-beta的配置有所增加。風險管理、多樣化及更加的風險回報分析使得Smart-beta ETF產品比傳統ETF產品更具吸引力。隨著投資者逐漸地採用Smart-beta,指數和供應商也不斷推出新的產品和應用方式,Smart-beta ETF產品在亞洲的前景將會如何?
  • Smart-beta在投資組合中扮演什麽角色?
  • 最廣泛使用的Smart-beta ETF 是什麽?
  • 關於Smart-beta產品,投資者所需要知道的信息有哪些?
Cathay Securities Investment Trust
張雍川
總經理
國泰投信
Daniel Yu
賴子健
合伙人兼聯合首席投資官
Premia Partners
Bayani Cruz
Bayani Cruz
執行編輯
《财资》
14.50
閉幕致辭
Daniel Yu
杨韪铭
总编辑
《财资》
15 .00
峰會結束

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