Canada's Leading Derivatives Conference


Click here to mark your calendar.

Program » Wednesday, November 30th

5:00 p.m.
Welcome Cocktail

Program » Thursday, December 1st

7:00 a.m.
Registration / Breakfast
8:00 a.m.
8:30 a.m.
Welcome Address
Speaker:
Luc Fortin, Montréal Exchange
8:30 a.m.
9:15 a.m.
Keynote Speaker Address
Speaker:
Jean Michel, Caisse de dépôt et placement du Québec
9:15 a.m.
10:00 a.m.
Bond Market Liquidity: Structural or Temporary?
Bond markets are evolving amidst change. Despite abundant central bank liquidity, the International Organization of Securities Commissions (IOSCO) has listed concerns over secondary bond market liquidity, considering it one of its top four market risks for 2016. This panel will offer a broad perspective on this market's underlying risks, resiliency and outlook.
Moderator:
Aubrey Basdeo, BlackRock
Panellists:
Lisa A. Cavallari, Russell Investments
Nick Pyle, Scotiabank
Dominic Siciliano, Addenda Capital
10:00 a.m.
Break
10:15 a.m.
11:00 a.m.
Opportunities in ETFs and Derivatives
Exchange-traded funds (ETFs) have rapidly grown in popularity amongst retail and institutional investors over the past decade. ETFs have transformed the investment industry by providing lower costs, high liquidity and diversification. As investors continue to use options for various reasons in their portfolios, ETF options have become an increasingly popular choice according to volume metrics. Our seasoned speakers will demonstrate various opportunities and trends in the ETF and derivatives market.
Moderator:
Kambiz Kazemi, Picton Mahoney
Panellists:
Samara Cohen, BlackRock
Chris Heakes, BMO Global Asset Management
Daniel Straus, National Bank Financial
11:00 a.m.
11:45 a.m.
Equity Derivatives
The use of derivatives as both an income alternative and risk management tool is gaining wider acceptance amongst pension managers. Large Canadian pensions have a long history employing these instruments, while US counterparts are only now embracing these products. Why is there a gap between Canadian and US implementation? What are the structural differences between US and Canadian pensions? What operational hurdles need to be overcome prior to implementation, and what benefits and risks exist for both OTC and exchange listed products? Our esteemed panellists from both sides of the boarder will explore these and other topics related to the future of derivatives in pension portfolios.
Moderator:
Alan Grigoletto, Grigoletto Financial Consulting
Panellists:
John Colville, City of Sacramento
David Long, Healthcare of Ontario Pension Plan
Neil Rue, Pension Consulting Alliance, LLC
11:45 a.m.
1:30 p.m.
Lunch / Presentation
At Issue Canada's Economic and Political Future
In his keynote, Andrew Coyne outlines the new energy and cross-country insight of the new Maclean's to the stage, commenting and bringing clarity to the social, political, media, and economic issues shaping the country today.
Speaker:
Andrew Coyne, The National Post
1:30 p.m.
2:15 p.m.
Global Macro Investing
The economic climate, global macro hedge fund strategies, due diligence, portfolio building, and looking ahead to 2017.
Moderator:
Ranjan Bhaduri, Sigma Analysis & Management Ltd.
Panellists:
Gaurav Chakravorty, QPlum
Dr. Kevin Chen, Pureheart Capital Management
Sami Robbana, Blenheim Capital Management, LLC
Christopher Solarz, Cliffwater LLC
2:15 p.m.
3:00 p.m.
An Update on Regulatory Scarce Resources and the Impact on Prime Brokerage, Hedge Funds and Alternative Investment Allocators
A panel of industry experts will discuss how the regulatory environment has evolved. The focus will be on the impact of Basel III on the prime broker model and how it will affect both the managers of alternative investment strategies and the institutions that invest in those strategies. The panel will also discuss the impact of upcoming regulatory changes.
Moderator:
Ted O'Connor, Société Générale
Panellists:
Douglas Hepworth, Gresham Investment Management LLC
Alexia Weiller, Société Générale
3:00 p.m.
Break
3:15 p.m.
4:00 p.m.
Investing in Emerging Managers
In the asset management world, a large AUM can be a key strength. It can also be an Achilles' heel. Smaller managers, however, can be nimble, offering unique opportunities adapted to client needs. Offering distinctive options, means they, in turn, may have distinct needs. This panel will delve into emerging managers, the benefits they bring to market, understanding their needs, and what is being done to encourage their growth. In order to invest with an emerging manager, one must first invest in them.
Moderator:
François Rivard, Innocap
Panellists:
Nicolas Chapados, Chapados Couture Capital Inc.
Denis Paquette, Majestic Asset Management
Pierre-Philippe Ste-Marie, Razorbill Advisors
3:15 p.m.
5:00 p.m.
Educational Breakout Session on "The Evolving Regulatory Landscape:
What are the Impacts on the Buy-Side?"
The session is for buy-side participants only.
Introduction:
Sophie Palmer, Jarislowsky Fraser and CFA Montréal
Speakers:
Lisa Cavallari, Russell Investments
Carol E. Derk, Borden Ladner Gervais LLP
Julie Mansi, Borden Ladner Gervais LLP
Laura Martin, Securities Industry and Financial Markets Association (SIFMA AMG)

CE Credits
CFA Montréal has determined that this program qualifies for two CE credit hours under the guidelines of the CFA Institute Continuing Education Program. If you are a CFA Institute member, CE credits for your participation in this program will be automatically recorded in your CE tracking tool.
4:00 p.m.
4:45 p.m.
Clearing

In times of severe economic challenges, it is particularly important that our commitment to achieving a strong and resilient Canadian capital market be reaffirmed. TMX's announcement of a business integration initiative to align, simplify and integrate relevant functions of operations and systems will make Canada's marketplace stronger and more attractive.

The nomination of Glenn Goucher to spearhead this initiative is an important and relevant one.

This alignment will make the post-trade safer and more efficient, reducing costs and bringing about significant collateral savings for market participants. Financial integration leads to better risk-sharing and makes markets deeper and more liquid while making more efficient allocation of collateral.

Glenn Goucher will address the decision to move forward with the business integration initiative, the current state, where we are going and what it means for our stakeholders.

Speaker:
Glenn Goucher, CDCC / CDS
6:00 p.m.
Cocktail and Evening at the Musée de la civilisation de Québec
85, rue Dalhousie, Québec City