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Advanced ETFs WorkshopJim Wiandt, publisher of the Exchange-Traded Funds Report and founder of Index Publications, leads a thought-provoking analysis on the inner workings of ETFs. Wiandt will launch the session with a 30-minute presentation on the latest regulatory and product developments, followed by an in-depth roundtable discussion with leading ETF experts and industry insiders.
5:30 – 7:00 p.m.
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Gregory A. Friedman Head of Global iShares Relationships iShares |
8:30 – 9:20 a.m.
Is Buy-And-Hold Dead?
The turbulent markets of 2008-09 raised a number of questions. Is traditional buy-and-hold investing dead? Are the “tail risks” too large to ignore? And how should the lessons of the past 12 months shape how we manage portfolios today? This leadoff panel will answer these questions and more.
Moderator |
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Jim Wiandt Publisher Exchange-Traded Funds Report (ETFR) |
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Panelists |
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Sandip A. Bhagat Head of Equities The Vanguard Group |
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David M. Blitzer Managing Director, Chairman of the Index Committee Standard & Poor's |
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Rob Stein Portfolio Manager Astor Long/Short ETF Mutual Fund (ASTRX) |
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9:20 – 10:10 a.m.
ETFs In Action:
Constructing Optimal
Model Portfolios
Three seasoned ETF experts showcase how they put together and manage ETF portfolios. Topics will include strategic vs. tactical allocations, U.S. vs. international weightings, asset allocation mix, and rebalancing strategies. .
Moderator |
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Dave Nadig Director of Research Index Publications, LLC |
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Panelists |
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Suzanne Hamilton Portfolio Manager Legacy Capital Fund, LP |
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Tony Rochte Senior Managing Director State Street Global Advisors |
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Kim Arthur CEO Main Management, LLC |
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10:10 – 10:40 a.m.
Morning Networking Break
10:40 – 11:30 a.m.
Choosing Between ETFs:
What To Look For Beyond Performance
With more than 800 ETFs and ETNs on the market today, choosing the best one to fit your needs is a major challenge. In this panel, three leading experts discuss how to evaluate and select the right ETF in each asset class.
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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Stephen Cook Managing Director Bank of New York Mellon |
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Jim Novakoff President BRS, Inc. |
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Scott Burns Director of ETF Analysis Morningstar Inc. |
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11:30 a.m. – 12:20 p.m.
Hot Topic:
Leveraged And Inverse ETFs
Leveraged and inverse ETFs came under intense scrutiny in 2009. Many broker-dealers banned them outright, and media coverage has been fierce. Do leveraged and inverse ETFs have a role in portfolios? Should they be banned? How long can you hold them safely? And can rebalancing strategies help?
Moderator |
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Mariana Bush Senior Closed-End Funds & ETP Analyst Wells Fargo Advisors |
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Panelists |
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Dan O’Neill President & Chief Investment Officer Direxion Shares |
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Greg Werlinich President Werlinich Asset Management |
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Joanne Hill Head of Investment Strategy ProFunds Group |
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Lisa Dallmer EVP, Global Index Services & Exchange Traded Products NYSE Euronext |
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12:20 – 1:45 p.m.
Keynote Luncheon Address
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Charlie Cook Publisher Cook Political Report |
AFTERNOON BREAKOUT SESSIONS COMMENCE
1:45 – 2:35 p.m.
Emerging Markets:
A New Core Holding?
Emerging markets were once considered a fringe asset class. But with China surging and the U.S. faltering, have the roles reversed? This panel will examine the arguments for and against overweighting emerging markets, and discuss the ETFs available to act on that position.
Moderator |
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Tom Lydon Editor ETF Trends |
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Panelists |
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Carl Delfeld Head Chartwell Partners |
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Adam Phillips Managing Director, ETFs Van Eck Global |
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Richard C. Kang Chief Investment Officer & Director of Research Emerging Global Advisors, LLC |
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ETF Options Strategies:
Controlling Risk, Maximizing Returns
Options sound risky, but sophisticated investors understand they can be a source of risk reduction and additional returns for a portfolio. This session will get into the nitty-gritty of how to use ETF options to deliver the returns that clients demand.
Moderator |
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Don Chance James C. Flores Endowed Chair of MBA Studies Louisiana State University |
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Panelists |
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Rudy Aguilera Principal Helios LLC |
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Ricardo Manrique CEO STOXX Ltd. |
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Steve Meizinger Director of Education International Securities Exchange |
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2:35 – 3:25 p.m.
Advanced Fixed Income:
Getting More From Your Bonds
Bonds used to be the “boring and safe” allocation, but recent markets have shown otherwise. Do international bonds belong in your portfolio? How do you evaluate the fixed-income market? And are ETFs really the best choice?
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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Don Suskind Vice President PIMCO |
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Kenneth Volpert, CFA Principal, Sr PM, and Head of Taxable Bond Group The Vanguard Group |
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Bill Mast Director, Fixed Income Indexes Morningstar Inc. |
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Evaluating Model Portfolios:
Separating The Wheat
From The Chaff
There’s a growing market for third-party ETF models. How do you tell the good from the bad, and what constitutes a “good” model ETF portfolio?
Moderator |
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Tim Collins Founder TangleTrade Management, LLC |
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Panelists |
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Ken Leon Senior Director Standard & Poor’s |
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John Lunt President Lunt Capital Management, Inc. |
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Richard A. Ferri, CFA CEO Portfolio Solutions, LLC |
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3:25 – 3:40 p.m.
Afternoon Networking Break
3:40 – 4:30 p.m.
Managing International Exposure
In a global market, how you weight your international exposure has a tremendous impact on returns. Is market-cap weighting the best approach? Which markets should investors be considering, and how do you evaluate the risks and potential of the myriad international ETFs?
Moderator |
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Joseph F. Keenan, CFA Managing Director, US Asset Servicing The Bank of New York Mellon |
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Panelists |
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Isabelle Bourcier Global Head of ETF Lyxor ETFs |
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Robert Levitt, CFA Chief Investment Officer Levitt Capital Management LLC |
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Mark Sladkus President Red Lighthouse Investment Management |
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ETFs and Taxes:
The Issues And Opportunities
What makes ETFs so tax efficient? What ETFs may have tax surprises hidden inside? And how can you use ETFs for effective tax management and tax-loss harvesting?
Moderator |
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A. Seddik Meziani Professor of Finance Montclair State University, NJ |
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Panelists |
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Edwin R. Baldrige III CFP Baldrige Asset Management |
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Curtis Lyman Senior Managing Director HighTower |
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Benjamin Tobias President Tobias Financial Advisors |
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4:30 – 5:20 p.m
Is Currency An Asset Class?
And Is the Dollar Dead?
Many think the U.S. dollar is on the ropes. How can you protect your portfolio using ETFs? And do currencies provide a stand-alone benefit to portfolios? What tax risks must you understand before you buy, and how do you evaluate and compare products?
Moderator |
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Jim Wiandt Publisher Exchange-Traded Funds Report (ETFR) |
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Panelists |
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Luciano Siracusano Chief Investment Strategist WisdomTree Asset Management |
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J. Stuart Thomas Chief Operating Officer Next Investments |
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Tyler Mordy Director of Research HAHN Investment |
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Hidden Risks In ETPs
What risks are hidden inside an ETF (and ETN) portfolio? How can you be sure your ETF will deliver the returns you want, with no surprises?
Moderator |
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Paul Amery European Editor Index Publications LLC |
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Panelists |
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James McGowan Senior ETF Product Manager J.P. Morgan |
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Ian Naismith Co-founder and Co-manager Sarasota Capital Strategies, Inc. |
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Dodd Kittsley Director iShares |
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5:20 – 6:10 p.m.
Is Gold Golden?
Or Is The Luster Gone?
GLD is the second-largest ETF in the world, with more than $32 billion in assets. What do investors really get out of their gold exposure? Do the gold bullion ETFs deliver, or should investors look at futures and gold mining equities? And what’s in store for the gold market in 2010?
Moderator |
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Dave Nadig Director of Research Index Publications, LLC |
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Panelists |
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Jim Ross President and Senior Managing Director State Street Global Advisors |
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Philip Klapwijk Chairman GFMS |
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Edward Vallar, CFA® Director of Investments and Research GM Advisory Group, Inc. |
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Active ETFs
Active ETFs may sound like an oxymoron, but they have finally arrived. This session looks at the different approaches ETFs are taking as they try to provide above-market returns in an exchange-traded package.
Moderator |
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Gary L. Gastineau Principal ETF Consultants LLC |
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Panelists |
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Ryan Issakainen ETF Strategist First Trust Advisors, L.P. |
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Robert Brooks Senior Vice President Invesco PowerShares |
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Joseph G. Witthohn, CFA Investment Strategy Group Janney Montgomery Scott LLC |
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6:10 – 7:30 p.m.
Cocktail Reception
Tuesday, January 12, 2010
7:30 – 8:15 a.m.
Continental Breakfast
PLENARY SESSIONS COMMENCE
8:15 – 8:30 a.m.
Chairperson’s Recap Of Day 1
and Introduction To Day 2
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Gregory A. Friedman Head of Global iShares Relationships iShares |
8:30 – 9:20 a.m.
What’s In The Pipeline:
The Best New ETFs Of
2010 & Beyond
More than 100 ETFs have launched in the past year. What are the best new funds and what’s coming down the pike in 2010? How can you evaluate new firms entering the ETF space for the first time? And what gaps are left in the ETF lineup?
Moderator |
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Ben Cukier Partner FTV Capital |
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Panelists |
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Benjamin Fulton Managing Director, Head of Global ETF Business Invesco PowerShares |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Noel Archard, CFA Head of Product Strategy, Research & Development, U.S. iShares iShares |
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9:20 – 10:10 a.m.
How To Trade ETFs:
Getting The Best Execution
For Your Trades
Choosing the right ETF is only half the battle: Investors must be able to trade ETFs efficiently and effectively. This panel will discuss the best way to trade ETFs, including how to evaluate whether you should buy or avoid a specific product, how (and how not) to use iNAVs and whether alternative liquidity providers are worth the hassle.
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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Stan Ueland ETF Portfolio Manager First Trust Advisors, L.P. |
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Jeff Banker EVP, Real-Time Market Data and Trading Solutions Interactive Data Corporation |
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Reginald Browne Managing Director, ETF Trading Knight Equity Markets |
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10:10 – 10:30 a.m.
Morning Networking Break
10:30 – 11:20a.m.
Communications Gap:
Explaining ETFs
To Your Customers
The mass media have adopted ETFs as the flavor-of-the-month, yet there remains a tremendous amount of misinformation on what ETFs are and aren’t. In this session, leading ETF advisors will discuss how they communicate the unique value of ETFs to their clients.
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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Casey T. Smith President Wiser Wealth Management, Inc. |
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Andre Weisbrod President & CEO STAAR Financial Advisors, Inc |
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Gus Fleites Founder & Managing Director Ri-Ta Advisors LLC |
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11:20 a.m. – 12:10 p.m.
Hot Topic:
Commodity ETFs
ETFs opened up the commodity market to financial advisors in a major way. But now the CFTC and other regulatory bodies are threatening to crack down on the space. What will new CFTC regulations mean for commodity ETFs and ETNs? And what should investors be doing today?
Moderator |
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Dave Nadig Director of Research Index Publications LLC |
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Panelists |
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John Hyland CIO US Commodity Funds |
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Satch Chada Managing Director Jefferies Asset Management, LLC |
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Graham Tuckwell Chairman ETF Securities |
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12:10 – 1:45 p.m.
Keynote Luncheon Address
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Rick Reilly Columnist ESPN The Magazine |
AFTERNOON BREAKOUT SESSIONS COMMENCE
1:45 – 2:35 p.m.
Preparing For Inflation:
Positioning A Portfolio Using ETFs
The risk of inflation looms large in the minds of many. How can investors and advisors use ETFs to protect their portfolios from the ravages of runaway inflation?
Moderator |
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Paul Amery European Editor Index Publications LLC. |
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Panelists |
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Matthew D. McCall President Penn Financial Group |
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David Hultstrom Founder & President Financial Architects, LLC |
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Adam Patti Chief Executive Officer IndexIQ |
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Preventing Disaster
And Controlling Tail Risk
If 2008/2009 taught us anything, it’s that the worst-case scenario can happen. And when it does, the old rules may no longer apply. Assets that were once uncorrelated may fall in lock-step. Theoretical counterparty risks can become frighteningly real. How can you protect your portfolio from worst-case outcomes?
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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David B. Armstrong, CFA Managing Director Monument Wealth Management |
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Diane Garnick Investment Strategist Invesco Ltd. |
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William Belden Managing Director, Exchange-Traded Funds Claymore Securities, Inc. |
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2:35 – 3:25 p.m.
Sectors:
Tools For Tactical Trading
Or Strategic Asset Allocation?
Sectors are one of the central driving forces behind market returns, yet few investors incorporate them as strategic tools in a portfolio. This panel will examine the role of sectors in core asset allocation programs, and consider the outlook for various corners of the market.
Moderator |
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Jim Wiandt Publisher Exchange-Traded Funds Report (ETFR) |
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Panelists |
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Jeremy Held Director of Research ALPS Advisors |
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Jim Lowell ETF Investment Columnist, Forbes Magazine Lowell Investment Research |
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Lisa Meyer Senior Manager of Business Development Dow Jones Indexes |
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Alternative Exchange-Traded Products
ETFs and ETNs are opening up asset classes and strategies never before available to individual investors. How do things like hedge fund replication, the carry trade, volatility indexes and carbon credits fit into a portfolio?
Moderator |
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Dave Nadig Director of Research Index Publications LLC. |
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Panelists |
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Richard D. Steinberg, CFA President Steinberg Global Asset Management, Ltd. |
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Philippe El-Asmar Managing Director, Global Head of Investor Solutions Barclays Capital |
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Ron Lake President Lake Partners, Inc. |
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3:25 – 3:40 p.m.
Afternoon Networking Break
3:40 – 4:30 p.m.
The Rebirth Of Real Estate?
REITs and homebuilders staged strong rebounds after the March 9, 2009 low. Is this the start of a new bull market, or simply a recovery rally for an oversold market? And which ETFs are poised to deliver the best performance?
Moderator |
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Paul Amery European Editor Index Publications LLC |
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Panelists |
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Jim Porter Managing Member and CEO New Century Capital Management Advisors |
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Robert Jergovic, CFA Chief Investment Officer CLS Investments, LLC |
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Robert J. Shiller Chief Economist, MacroMarkets Professor of Economics, Yale University |
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Rethinking Alpha:
The Changing Role Of The Advisor
The days of picking the next hot mutual fund manager are over. Today’s most successful advisors are taking alpha into their own hands, using low-cost ETFs to implement strategic and tactical asset-allocation strategies to deliver above-market returns.
Moderator |
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Matt Hougan Editor, IndexUniverse.com and ETFR Index Publications LLC |
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Panelists |
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Jay Shein, CFP®, CIMA® CIS, CIO and Strategist Compass Financial Group, Inc. |
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Brent E. Bentrim Chief Investment Officer Carolopolis Fiduciary Counsel |
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Oscar Silver VP/COO Passive Momentum Asset Advisors |
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4:30 – 5:20 p.m.
Lightning Round:
The Questions
You Were Afraid To Ask
To close the conference, the editors of Index Publications ask leading advisors, product providers, index developers and ETF journalists the tough questions. Come ask your own.
Conference Ends
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