Societe Generale & Risk Derivatives Conference 2018

This leading industry conference gathers senior investors and decision makers from top-tier asset managers, hedge funds, insurance companies and pension funds from across Europe.

Societe Generale’s global markets flagship conference, this year in partnership with Risk.net, will focus on ‘Driving Returns Through Derivative Solutions’, gathering senior investors and decision makers from top-tier multi-asset institutions.

The agenda features a stellar line-up of industry thought leaders, keynote speakers and fund managers, who will together share unique insights on politics, the economy, tech-innovation and implications for financial markets through the use of derivatives. Specific investment solutions will be presented during the interactive workshop discussions, with 18 to choose from, covering quantitative investment strategies (QIS), hedging, relative value, alternative risk transfer (ART), regulation implications, thematic baskets and ESG investment strategies. See below for further details.

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Nick Robinson

Political Journalist and International Broadcaster

Nick was the BBC's political editor from 2005 to 2015 and is currently based at Westminster, where he has particular responsibility for serving the flagship BBC news programmes, including Today on Radio 4 and the Ten O'Clock News on BBC One. Before he was political editor, he did the same job at ITV News, before which he was chief political correspondent for BBC News 24, deputy editor of Panorama and a presenter on BBC Radio 5 live.

He started blogging about politics for the BBC in 2001 when he was one of the earliest mainstream journalists in the UK to adopt the format. He began his time at the BBC behind the microphone, starting as a trainee producer in 1986 on Brass Tacks, Newsround and Crimewatch.

Born in Macclesfield, Cheshire in 1963, he attended Cheadle Hulme School, followed by University College, Oxford where he studied politics, philosophy and economics.

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Dr Ewan Kirk

Chief Investment Officer

GAM Systematic | Cantab

Dr Ewan Kirk is Chief Investment Officer of GAM Systematic’s Cantab team. He co-founded Cantab Capital Partners in 2006, which became part of GAM Systematic in October 2016. His daily focus is research and development, risk management and managing the quantitative team. Prior to founding Cantab, Ewan Kirk ran the 120-strong Goldman Sachs Strategies Group in Europe, where he was responsible for all of Goldman Sachs’ quantitative technology. Ewan Kirk holds a PhD in Mathematics (General Relativity) from the University of Southampton, a Certificate in Advanced Study in Applied Mathematics from the University of Cambridge and achieved a First Class degree in Natural Philosophy and Astronomy at the University of Glasgow. He is based in Cambridge.

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Dr Sushil Wadhwani, CBE

Founder and CEO

Wadhwani Asset Management

Dr Sushil Wadhwani, CBE, is the Founder and CEO of Wadhwani Asset Management LLP, a London‑based asset management company that specialises in systematic macro investing, and is a partner at Caxton Associates. He is responsible for managing a systematic macro strategy for GAM. Mr Wadhwani was a full-time member of the Monetary Policy Committee at the Bank of England from 1999 to 2002. Prior to this, his roles included director of research, head of systems trading and a partner at the Tudor Group, and director of equity strategy at Goldman Sachs International Ltd. Mr Wadhwani began his career as an academic in the Working of Financial Markets department of the London School of Economics where he is still a Governor and a visiting Professor. He is also a visiting Professor at City University Business School and a Governor of the National Institute of Economic and Social Research and has held various advisory roles and published numerous articles in academic journals. Mr Wadhwani holds a PhD in Economics from the London School of Economics and was recognised as a Commander of the British Empire in the Queen’s Birthday Honours List in 2002. He is based in London.

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David Smith

Futurologist and Chief Executive

Global Futures and Foresight

 

Watch David's video about his session:

A futurologist, and Chief Executive of Global Futures and Foresight (GFF) - a strategic futures research organization, David’s 35-year diverse business career has made him recognisable as one of the world's leading futurists and strategic thinkers. David challenges, informs and engages his clients and audiences on the key issues of the near future, in order to stimulate ‘out-of-the-box’ thinking to help organizations generate new visions, strategies, products and services. GFF prepares views of the future on many topics to help organisations be better prepared to face the future and reduce their risk of being blindsided by change. 

Since founding GFF, David has worked with many of the world’s largest organisations, and government bodies as well as academic institutions and industry associations. His insights have led many organizations to embrace change and prepare innovative strategies to renew themselves and generate new growth. David does this through using the research capabilities of the GFF in-house research team and by surveying their worldwide network of over 9,000 future thinkers and business leaders. In his career he has held technological and senior management positions in both large and small organizations. He has been involved in public sector, commercial and financial markets and has held technical, sales, marketing and general management positions. He has advised the UK and EU governments on strategic research investment decisions. His clients number some of largest and most prestigious firms around the world and David is a regular international keynote speaker and writer and a passionate believer that we are not victims of what the future might hold if we prepare ourselves in advance.

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Alexandre Fleury

Head of Equities & Equity Derivatives, Global Markets

Societe Generale

Alexandre Fleury joined Societe Generale as Head of Equities & Equity Derivatives for Global Markets in June 2018. He was previously Global Head of Equities Structured Products and Structured Financing at Bank of America Merrill Lynch.
Alexandre started his career in California working on the development of portfolio optimization software. He then spent 10 years at Societe Generale being successively based in Tokyo, New York and Paris where he carried out responsibilities in Structured Equity Derivatives Trading and Structured Credit Derivatives Trading. In 2009, he joined Credit Suisse to become Head of Quantitative Futures Trading Strategies. In 2011, he moved to Morgan Stanley where he acted as Head of Equities Structured Products for Europe and Asia, Head of European Flow Index Trading and Global Head of Hybrids Trading.
Alexandre Fleury is a graduate of the Ecole Centrale Paris, France and has a Master of Science from the University of California, Berkeley, USA.

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Duncan Wood

Editor-in-Chief

RISK.NET

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Duncan had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Duncan was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.

AGENDA

08:00

REGISTRATION & BREAKFAST

08:30

SG WELCOME ADDRESS
Alexandre Fleury, Head of Equities & Equity Derivatives, Global Markets, Societe Generale

08:35

CHAIR'S OPENING REMARKS
Duncan Wood, Editor-in-Chief, Risk.net

08:45

KEYNOTE ADDRESS: GEO POLITICAL IMPLICATIONS OF BREXIT
Nick Robinson, Political Journalist and International Broadcaster

09.15

FOUNDER INSIGHTS: THE FUTURE OF TREND FOLLOWING AND SYSTEMATIC STRATEGIES.
In conversation with:
Dr Ewan Kirk, Chief Investment Officer, GAM Systematic | Cantab
Interviewed by:
Margie Lindsay, Contributing Editor, Risk.net

09.40

FOUNDER INSIGHTS: QUANTITATIVE STRATEGIES AND GLOBAL ECONOMIC CONSIDERATIONS.
In conversation with:
Dr Sushil Wadhwani CBE, Founder and CEO Officer, Wadhwani Asset Management
Interviewed by:
Margie Lindsay, Contributing Editor, Risk.net

10:05

NETWORKING BREAK

10:30

PANEL DISCUSSION: MANAGING MULTI ASSET PORTFOLIOS AT THE END OF BUSINESS CYCLES
Panellists:

John Bilton, Head of Global Multi-Asset Strategy, JP Morgan Asset Management
Sunil Krishnan, Head of Multi Asset Funds, Aviva Investors
Roderick MacKenzie, Multi Asset Strategies, BlackRock
Leo Niemelainen, Cross-Asset Portfolio Manager, Ilmarinen 
Talib Sheikh, Head of Multi-Asset Strategy, Jupiter Asset Management

Moderator:
Kokou Agbo-Bloua, Global Head of Flow Strategy & Solutions, Financial Engineering, Societe Generale

11:15

INTERACTIVE DEEP-DIVE SOLUTION WORKSHOPS
Presented by Societe Generale’s Experts in Derivatives

12:45

KEYNOTE ADDRESS: ARE YOU KODAK OR APPLE? STAYING AGILE AND DYNAMIC TO MAINTAIN A LEADING POSITION IN FINANCIAL MARKETS
David Smith, Futurologist and Chief Executive, Global Futures and Foresight

13:15

CHAIR'S CLOSING REMARKS
Duncan Wood, Editor-in-Chief, Risk.net

13:20

LUNCH AND NETWORKING

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NIKHILESH AGRAWAL
Emerging Markets Structurer
CASSANDRA COX
Head of FX & EM Sales, Western Europe
HARIS CONTAROUDAS
Head of MARK Sales,  CEEMEA

 

Solutions on EM Indices

Solutions using EM FX

Solutions on EM single assets

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XAVIER CHARTRES
Global Head of Cross Asset Financing
LLOYD MICHAELS
Head of Prime Services Sales, EMEA

 

New regulatory costs of doing business

SG’s adapted product offering

The future of financing

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ALASTAIR BEATTIE
Head of Equity Derivatives, UK
SANDRINE UNGARI 
Quantitative Strategist
GEOFFREY SIMMONS
Equity Derivatives Engineer

 

The three types of bear markets

The art of designing an enhanced collar strategy

Convexity at no cost; myth or reality? 

 

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MICHAEL PINTAR
Head of Flow Strategy and Solutions, FIC, AMER
NAEEM GHULAMALI
Fixed Income and Flow Rates Sales

 

Creating fixed income derivative positions with attractive asymmetry for our institutional clients.

A view on credit, through to longer-dated interest rate vol and yield curve options

Complex modelling, simplicity in rationale, potential payout and risk

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MARC PANTIC
Head of Fixed Income QIS
OLIVIER DAVIAUD
Senior Quantitative Strategist

 

What are the sources of carry in Fixed Income?

The importance of market neutrality

Examples of Fixed Income Risk Premia

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ISABELLE MILLAT
Head of Sustainable Investment Solutions, Global Markets
YANNICK OUAKNINE
Head of Sustainability Research

 

Why sustainability research is becoming so popular among investors and Asset Owners

Can we demonstrate the materiality of sustainability research?

How to design investment solutions that combine sustainability research with financial outperformance

Which innovative products enable investors to access custom solutions while also supporting positive impact financing?

Latest themes and trends in sustainable investment solutions?

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HERVE GUYON
Flow Strategy & Solutions, Financial Engineering
CHARLIE PATEL
Head of FSS and FIC, Europe
DELPHINE LEBLOND LIMPALAER
Head of Flow Sales, UK


The current landscape of cross asset volatility: Term structure, skew and implied vol risk premium across US, Europe and Asia. 

How the economic business cycle drives volatility in equity/fx/credit and rates.

How structured products, corporate hedging flows and regulation can trigger dislocations in equity, fx, credit and rates vol.

The importance of cross asset correlation in finding relative value opportunities: Case studies:  Equity vol vs rates vol, equity and fx vol

 

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PHILIPPE DUFAY
Structured Products Engineer

FREDERIC JEANPERRIN
Head of Regulatory Adaptation &
Management, Global Markets

ANTONIO BUCCELLATO
Head of Cash Sales, UK
JEREMY BRUCE
Managing Director, Platform Sales

 

MiFID II: Implementation so far and impact on OTC

Impact of MiFID II on Equity

MiFID II and data: A new paradigm

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MATHIEU JEANDEL
Head of FX Pricing & Solutions, EMEA
CLEMENT GUENNEC
Cross Asset Financial Engineer/Strategist
CASSANDRA COX
Head of FX & EM Sales, Western Europe

 

 

What is a macro hedge?

Why use FX as a macro hedge?

Comparisons to other asset class hedges

Performance in times of stress

Implementation ideas and trade suggestions

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MANVIR NIJHAR
Head of Equity Derivative Sales
PIERRE LUC PAIN
Exotic Index Trader, Europe

 

Risk Transfer trades and SG’s retail structured products

How popular Risk Transfer transactions give risk-off trades, but positive carry

How and why are investors building portfolios of diversified risk transfer trades to generate alpha & lower their volatility of returns?

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MARC PANTIC
Head of Fixed Income QIS
MIKE BAYLEY
Multi Asset Sales

Why buy fwd vol on US Rates?
Why now?
Why in index form?
Why with SG?

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ROBERT BUTLER
Pan European Equity Sales
ROLAND KALOYAN
Head of European Equity Strategy
VINCENT MAURY
Delta One Trader

 

The SG thematic offer: 
Long/Short Term offering solutions
Time to market - immediate/several weeks
How the Theme is initiated

What For? 
Investment
Hedging Solutions
Tailor made solutions

Themes we like
Track record and history
 

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SHAWN WEXLER
Head of UK Credit Sales
JEREMIE OUAKI
Global Head of FIC Index Trading

What are Bond Credit Indices?

ETFs, the most liquid way to invest in Index-linked products 

TRS, the derivative way to trade indices

Case studies

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NAEEM GHULAMALI
Fixed Income and Flow Rates Sales
VICTOR JEANTET
Global Head of Inflation
JORGE GARAYO 
Global Head of Inflation Strategy


Who trades inflation and why?

ZC inflation swaps - the purest way to trade inflation

Why inflation-linked bond markets are key

Alternative ways to trade inflation / extract alpha

SG positioning and offer to clients on inflation

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HERVE GUYON
Flow Strategy & Solutions in Financial Engineering
MANVIR NIJHAR
Head of Equity Derivative Sales

 

Why are new UK institutional clients trading dispersion for the first time?

Why do investors consider risk-off strategy as a diversifier to equities and other risk-on trades? 

How the strategy has an average return of 10-15% per annum since 2007, even over the past 2-3 years

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KATHLEEN IZYGON
Head of FIC Credit Pricing
LAURENCE FONLUPT
Senior Financial Engineer
PETER DELLGREN
Nordic Cross Asset Sales

 

ART axes and Societe Generale’s distribution business

Why trade equity and superior senior tranches? 

How the Put on Recovery can hedge recovery exposure

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MEHDI OUSAHLA
Risk Premia Solutions, Europe

 

Why trend following is useful in a multi asset portfolio? 

How to design a simple, efficient and competitive trend following strategy

What is the secret of outperformance of one strategy versus another? 

SG offers the flexibility to design a bespoke trend following matching exactly the needs of investors

SG’s bespoke trend following design to match the needs of investors. 
 

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ANDY LAPTHORNE
Global Head of Quantitative Research
GUILLAUME ARNAUD
Head of QIS

 

How equity markets have benefitted unevenly from QE and low bond yields

The risk of QE unwind sending the bond/equity correlation positive (i.e. you lose money on bonds and equities)

A focus on equity factors can help manage this risk

Implementation through factor-specific option strategies

WE HOPE YOU ARE ABLE TO JOIN THIS INVITATION‑ONLY KEY ANNUAL CONFERENCE

Friday 12th October 2018, 8am - 2pm

Please reserve your place by following the booking link below.

Registration to the conference is complimentary.

Places are limited.

BOOK NOW

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Risk Awards 2018 Winner - Societe Generale
Risk Awards 2018 Winner - Societe Generale

The May Fair Hotel London

Address:
Stratton St
Mayfair
London
W1J 8LT

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About us

Risk.net is a news and analysis website covering the financial industry, with a particular focus on regulation, derivatives, risk management asset management and commodities.

https://www.risk.net

Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy.

Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 147,000 members of staff in 67 countries and supports on a daily basis 31 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:

  • French Retail Banking, which encompasses the Societe Generale, Crédit du Nord and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;
  • International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;
  • Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.

Societe Generale is included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), four of the STOXX ESG Leaders indices, and the MSCI Low Carbon Leaders Index.

For more information, you can follow us on twitter @societegenerale or visit our website www.societegenerale.com