Pieter van der Merwe, Principal - Portfolio Management, ABSA ALTERNATIVE ASSET MANAGEMENT

09.15 KEYNOTE: The volatile real rand - is its volatility exceptional?

  • The causes and consequences of the volatile rand. Where have all the rand hedges gone?
  • How should fund managers, investors and operating businesses adjust?
  • Investing offshore adds risks - under which circumstances should they be accepted?
  • What may suits managers investing offshore may not suit their owners. Chasing earnings growth offshore and the implications for capital

Brian Sydney Kantor, Chief Investment Strategist and Economist, INVESTEC WEALTH AND INVESTMENT

09.55 PANEL: The South African OTC derivatives market: Updates and opportunity

  • The regulation & clearing Landscape - An overview and projection of the future state of the economy
  • Trade and Transaction reporting
  • Clearing, including CCP's and the South African status
  • Collateral Management - Initial and Variation Margin
  • Portfolio compression and other risk management tools

Phil Atkinson, Global Head of Membership Sales and Relationship Management and Head of International Client Sales, LCH
Adam Husted, EMEA Head of Sales, CLOUDMARGIN
Terence Saayman, Head of Risk, Post Trade and Information Services, JOHANNESBURG STOCK EXCHANGE (JSE)

10.40 Morning break and opportunity to network



PRESENTATION: Adapting to and managing the challenges of regulatory change

  • Implementing regulatory changes and the impact on the financial institutions (Covering IFRS 9, IFRS 17, various Basel Committee requirements)
  • Twin Peaks - where are we now?

Neil Maree, Deputy Head - Bank Supervision Department, SOUTH AFRICAN RESERVE BANK

PRESENTATION: SOEs, governance and capital market standards in South Africa: What we've learned in a year



PRESENTATION: Fundamental Review of the Trading Book (FRTB)

  • Now the final standards have been published where are South African banks in identifying and addressing the challenges?
  • Model validation with the internal models approach (IMA)
  • Utilising FRTB to enhance your business model and get ahead of your competitors

Albertus Bekker, Executive Head, Group Market Risk Monitoring, NEDBANK

CIO ROUNDTABLE: Challenges and opportunities - the view from the board

  • What are the major investments risks in South Africa as we move towards 2018?
  • How has in the industry responded to these risks?
  • Seeking return amidst uncertainty, low interest rates and political challenges
  • An overview of the current risk systems used by asset managers
  • What are the major challenges and pitfalls and how are they addressed?
  • Looking ahead - where are the opportunities in the South African and Global markets as we look to the short to 2018 and beyond?

Moderator: Rowan Williams-Short, Head of Fixed Interest, VUNANI FUND MANAGER
Sean Ashton
Daniel Polakow, Executive Director. PRESCIENT
Terence Craig, Director; Chief Investment Officer, ELEMENT INVESTMENT MANAGERS

12.30 Lunch break and opportunity to network


PRESENTATION: Risk management for economic growth: The importance of a strong risk culture

  • Cultural differences in business: A look at the different continents and how their cultural practices affect the running of institutions and the risk cultures within them
  • A discussion on the strong correlation between economic development and the culture of a country vis a vis the cultural traits compatible with economic growth
  • How a strong Risk Culture is an imperative for a strong institutions - A discussion of empirical evidence that shows how a strong risk culture can impact corporate performance
  • Indicators of a sound risk culture
  • A discussion on how to embed a strong risk culture

Folakemi Fatogbe, Director, Risk Management, CENTRAL BANK OF NIGERIA


PRESENTATION: Bond attribution, tailored to the South African market

  • Why equity-style attribution (Brinson-Beebower-Hood etc) is not good enough
  • Three approaches to bond attribution globally
  • Yield curve decomposition with full repricing
  • Tailoring for unique South African circumstances

Rowan Williams-Short, Head of Fixed Interest, VUNANI FUND MANAGER

14.50 Afternoon break and opportunity to network

 15.40 CLOSING ROUNDTABLE: Managing the never ending challenge of liquidity

  • Managing and measuring liquidity risk
  • Is the industry ready for BASEL III January 2018 - Are banks positioned for compliance?
  • Looking beyond LCR - ensuring robust liquidity stress testing and scenario analysis practices

Moderator: Pieter van der Merwe, Principal - Portfolio Management, ABSA ALTERNATIVE ASSET MANAGEMENT
Celia van Niekerk
, Head of Portfolio Risk Management, FIRSTRAND BANK
Lizanne Minnie, Head of Liquidity Risk Management and ALM, STANDARD BANK GROUP
Kim Buker
, Divisional Director: Group Head of Market and Liquidity Risk, Chief Risk officer, LIBFIN


Pieter van der Merwe, Principal - Portfolio Management, ABSA ALTERNATIVE ASSET MANAGEMENT


Conference Day 2