Conference Program

Conference Program

Sunday, 30 May

Monday 31 May

Island Shangri-La HotelPacific Place, Supreme Court Road Central, Hong Kong

Welcome Reception - Island Shangri-La Hotel

Formal Opening and Introduction

1. The Asian Century?

Location: Level 5, Taishan Room

Location: Atrium Room 1&2, Level 39

Location: Atrium Room 1&2, Level 39

Speaker:Fiona Reynolds, Chief Executive Officer, AIST

Speakers:Mavis Robertson AM, Chair, Special Projects Committee, AIST;Mr Simon Galpin, Director - General of Investment Promotion, Invest Hong Kong, The Government of the Hong Kong Special Administrative Region (Representing the Financial Secretary The Hon. John C Tsang)

Chair:Mavis Robertson AM, Chair, Special Projects Committee, AIST

Speakers:Tim Harcourt, Chief Economist, Austrade;David O’Rear, Chief Economist, Hong Kong Chamber of Commerce

6:00pm

9:00am - 9:30am

9:30am - 10:50am

Location: Library, Level 39Coffee break10:50am - 11:15am

Conference Program

Two points of view, one from Australia and one from Hong Kong. Each will give you their views of the Asian Century, now and as it unfolds and consider the implications for Australia and the rest of Asia.

Location: café TOO, Level 7

Conference Program

Monday 31 May

2. Retirement income provision in Hong Kong and Vietnam

3. Part 1: How to be prudent, successful and legal - three investment studies

Chair:Charles Genocchio, Head of Global Investments, HSBC Global Investments

Speakers:Hong Kong - Cynthia Hui, Executive Director (Supervision), Mandatory Provident Fund Schemes Authority;Vietnam - Pham Truong Giang, Representative of International Cooperation Department, Ministry of Labour, Invalids and Social Affairs

An overview from an authority on Hong Kong’s compulsory savings and retirement system looks at the way Hong Kong has developed provision of retirement incomes for older citizens and addresses the present challenges and future prospects.

We will hear from an authority on Vietnam’s system; on its structure and ambitions for a universal system in a country where the equation is different as much of the country is young.

Moderator:Cristina Cifuentes, Trustee Director, First State Super Trustee Corporation

Speakers:Asia - Anh Lu, Vice President, T.Rowe Price International & Portfolio Manager for the Asia ex-Japan Strategy;China - Ting Li, Managing Director (China), State Street Global Advisors;Vietnam - Dominic Scriven OBE, CEO, Dragon Capital Group Ltd

11:15am -12:30pm

2:00pm -3:15pm

Lunch12:30pm - 2:00pm

Location: Atrium Room 1&2, Level 39

Location: Atrium Room 1&2, Level 39

Conference Program

Three speakers share their views on how to be prudent and successful while remaining legal, by reporting on three different investment environments – one from a regional Asia point of view, one from China and one from Vietnam

Location: Library, Level 39Coffee break3:15pm - 3:30pm

3a. Part 2: How to be prudent, successful and legal - three investment studies

3:30pm - 5:00pm

Dinner

Location: China Club

Speaker: Bob Davis, photographer

Location: Atrium Room 1&2, Level 39

A group leader will raise key issues from the previous presentation for discussion. The group prioritises the most important issues and then group leaders report back to conference and the speakers respond with “last words”.

6:30pm

Monday 31 May

Tuesday 1 June

Chair:David O’Sullivan, Director, LUCRF Super

Speaker:Yvonne Sin, Hong Kong, Former World Bank Advisor to the Ministry of Finance & Ministry of Social Security of PR China: Adjunct Prof. Nanjing, University of Finance & Economics, Research Fellow with the China Center of Insurance and Social Security Research at Peking University, and Head of Investment Consulting, China at Towers Watson

4. Retirement Income Provision - a ‘long march’ to a universal retirement system

9:00am - 10:00am

Location: Atrium Room 1&2, Level 39

Conference Program

Conference Program

Table discussions, presentations and last wordsParticipants sit in designated places -10 to a table.

Includes photographic display.Introduction by Andrew Dawson, Director FTV, TalkingPoints.tv

China is a major trading partner for Australia and much of the Western world, but at home it faces many challenges of all emerging and developing markets, not the least of which is an ageing population that represents a sizeable percentage of its citizenship. In this session a highly regarded academic and one-time world banker provides a detailed overview of China’s Pension Policy and retirement income provision, past present and future.

Chair:Angela Emslie, Chair, HESTA Super Fund; AIST Deputy President

Speakers:Vietnam - Luu Quang Tuan, Representative of International Cooperation Department, Ministry of Labour, Invalids and Social Affairs;China - Stuart Leckie, OBE, Chairman of Stirling Finance Limited, Founding Chairman of the Hong Kong Retirement Schemes Association, Member of the CFA Institute Centre for Financial Market Integrity

5. Different shades of grey - responses to population trends and ageing in China and Vietnam

10:00am - 11:00am

Location: Atrium Room 1&2, Level 39

Location: Library, Level 39Coffee break11:00am - 11:30am

Conference Program

Conference Program

Tuesday 1 June

Population trends are a significant factor in planning retirement income provision. Two experts look at how Vietnam and China approach their very different challenges as they pursue nationwide policies.

6. Islamic Finance

Location: Atrium Room 1&2, Level 39

Chair:Dr Walter W J Uhlenbruch AO, Trustee Director, AustralianSuper

Speakers:Dr. Kamaruddin Sharif, Professor and the Head of the Department of Takaful and Wealth Planning at the International Centre for Education in Islamic Finance (INCEIF);Lisa Samuels, Manager, Marketing & Communications, NGS Super;Alfred Yip, Chief Executive Officer, SINOPIA Asset Management (Asia Pacific) Limited

11:30am - 12:45pm

Islamic or Sharia finance can mean different things to different people. This session puts the issue in perspective with an academic from Malaysia outlining its history, principles and importantly, its growing place in today’s world; an Australian Superannuation fund representative with members working in the Islamic community brings a case study of research and policy making in the Sharia fund space; and a Hong Kong-based fund manager looks at the development path of products in this important sector.

NB: Australia’s Muslim community stands at some 400,000 citizens, a number which is steadily growing.

Lunch12:45pm - 2:00pm Location: café TOO, Level 7

7. Part 1: Working together - pension fund experiences with Asian joint ventures

2:00pm - 3:30pm

Tuesday 1 June

Location: Library, Level 39Coffee break3:30pm - 3:45pm

Conference Program

Conference Program

Location: Atrium Room 1&2, Level 39

Representatives of pension funds in Sweden, Holland, Canada and Australia share their experiences of investment joint ventures they are planning or have undertaken in Asia and discuss the outcomes, the risks and the rewards.

Moderator:Amanda White, Editor, Conexus Financial www.top1000funds.com

Speakers: Sweden - Carl Rosén, Executive Director, ICGN (previously Head of the Corporate Governance and Communications at AP2 - the Second Swedish National Pension Fund);Canada - Chris Lawrence, Executive Vice President, Business Development, Bentall LP;Australia - Sam Sicilia, Chief Investment Officer, HOSTPLUS

A group leader will raise key issues from the previous presentation for discussion. The group prioritises the most important issues and then group leaders report back to conference and the speakers respond with “last words”.

8. Part 2: Working together - pension fund experiences with Asian Joint ventures

3:45pm - 5:10pm

Location: Atrium Room 1&2, Level 39

Table discussions, presentations and last wordsParticipants sit in designated places -10 to a table.

Location: Foreign Correspondents Club

Speaker: Jacob Tsang, Group Treasurer, Hong Kong Jockey Club

‘It’s not the TAB, it’s a story of philanthropy from Hong Kong’s largest contributor to taxation revenue’Introduction by David Elia, Chief Executive Officer, HOSTPLUS

Dinner7:00pm

Conference Program

Conference Program

Buses depart hotel for Shenzhen, PR China

This all day event will include a guided tour of Shenzhen developments in the Pearl River area and a visit to the Shenzhen Stock Exchange where a presentation will be made.

There will be a further presentation from a Shenzhen Development Leader covering pre and post GFC experiences of Shenzhen; the effects of the People’s Republic of China stimulus package, the development of the new economic zone and it’s links to Hong Kong (inclusive of lunch).

Buses will return in the evening (evening free).

Shenzhen tour7:30am

Wednesday 2 June

Thursday 3 June

9. Retirement income provision in Korea

Sam Sicilia, Chief Investment Officer, HOSTPLUS will lead a discussion on our visit to Shenzhen and what it means for long term investors.

A representative from Korea will outline Korea’s pension policies and retirement income systems, further demonstrating the similarities and differences that exist across the region.

Location: Atrium Room 1&2, Level 39

Chair:Greg Sword, Chief Executive Officer, LUCRF Super

Speaker:Korea - Ha-Young Kim, Head of Institutional Networks and Communications, National Pension Service

11:00am - 11:30am

Reflections on our visit to Shenzhen - What does it mean for long term investors?

9:45am - 11:00am

Location: Atrium Room 1&2, Level 39

Location: Library, Level 39Coffee break11:30am - 12:00pm

Moderator:Robyn Buckler, Director, HOSTPLUS; AIST Director

Speaker: Peter Webster, Executive Director, EIRIS

10. Part 1: Development as a human right - ethical issues, who decides?

12:00pm - 1:00pm

Location: Atrium Room 1&2, Level 39

Conference Program

Conference Program

Location: Atrium Room 1&2, Level 39

A group leader will raise key issues from the previous presentation for discussion. The group prioritises the most important issues and then group leaders report back to conference and the speakers respond with “last words”.

11. Part 2: Development as a human right - ethical issues, who decides?

2:00pm - 3:25pm

Thursday 3 June

This session will challenge us to ask whether there is a connection between development and human rights and consider whether there are contradictions between development growth and sustainability. It will question our levels of responsibility, when as long-term investors and trustees you have a duty to both preserve and maximise returns for members retirement incomes, you have to consider the weight you accord ethical factors in your investment decision-making process.

Location: café TOO, Level 7Lunch6:30pm

Table discussions, presentations and last wordsParticipants sit in designated places -10 to a table.

Location: Library, Level 39Coffee break3:25pm - 3:40pm

Conference Program

Conference Program

Moderator:Tan Lee Hock, Editor, Asia Asset Management

Speakers:Real estate and property investing - John Saunders, Managing Director - Asia Portfolio Manager, MGPA;

Increasing globalisation and new opportunities for long term investing in the Asian region - Rohit Bhagat, CEO for the Asia ex-Japan region, BlackRock;

Fund Governance - Naomi Denning, Managing Director, Investment Services, Asia Pacific, Towers Watson;

The China opportunity story seen with Eastern and Western eyes - Samantha Ho, Investment Director, MBA, CFA, Invesco

12. Patient long term investing - the essential do’s and the avoidable don’ts

3:40pm - 5:15pm

Thursday 3 June

Location: Atrium Room 1&2, Level 39

Patient Long-Term Investing – The essential dos and the avoidable don’ts is an important session that is sure to debunk some myths, spotlight some realities and reflect on some of the more light hearted adventures of investors in Asia’s varied markets. Moderator, respected editor and entrepreneur Tan Lee Hock, will put a forensic focus on the four fund manager panellists as they describe and discuss working examples of long-term investing to help participants understand what is essential they do and what should be avoided.

Topics for discussion will include: property investing; new opportunities in Asia arising from the globalisation of the economy; fund governance – the role of and the impact on, long-term investors; and the emerging opportunities in China.

Dinner7:30pm Location: Watermark at Pier 7

Location: Atrium Room 1&2, Level 39

Location: Atrium Room 1&2, Level 39

Friday 4 June

Moderator:Fiona Reynolds, Chief Executive Officer, AIST

Discussants:Hong Kong - Charles Lee, Advocacy Manager, Asian Corporate Governance Association;Korea - Professor Hasung Jang, Dean and Professor of Finance, Korea University Business School; Executive Director of the Asian Institute of Corporate Governance;Malaysia - Rita Benoy Bushon, CEO, Minority Shareholder Watchdog Group;China - Richard Chow, Head of Asia Ex-Japan Growth Equities, AllianceBernstein;Vietnam - Dominic Scriven OBE, CEO, Dragon Capital Group Ltd

Facilitator:Ann Byrne, Chief Executive Officer, ACSI

Speakers:Hong Kong - David St. Maur Sheil, Joint Executive Director, ASrIA

Sweden - Carl Rosen, Executive Director, ICGN (previously Head of the Corporate Governance and Communications at AP2 - the Second Swedish National Pension Fund)

Vietnam - Fred Burke, Managing Partner, Baker & McKenzie (Vietnam)

Australia - Kim Bowater, Senior Consultant/Head of Research, Frontier Investment Consulting

13. Learning from each other; examples of bad governance practice

9:00am - 10:30am

14. Working together on climate change - after Copenhagen what is your wish list?

11:00am - 12:30pm

Conference Program

Conference Program

The moderator will challenge participants from Hong Kong, Korea, Malaysia, China and Vietnam to identify examples of bad governance practice they have encountered and agree the basic steps that need to be taken to replace those bad practices with good practices.

Location: Library, Level 39Coffee break10:30am -11:00am

As investors and citizens how do we face the ongoing issues posed by climate change? What do our members expect of us and what are our responsibilities? Do we and should we take into account the outcomes of Copenhagen when determining our investment strategies?

Followed by dialogue and conclusion.

Friday 4 June

Conference Program

Conference Program

Moderator:Garry Weaven, Chair, Industry Funds Management

Speaker:Marc Faber, Editor and Publisher of “The Gloom, Boom & Doom Report”

Response:Garry Weaven, Chair, Industry Funds Management

Farewells and thanks

Speaker:Fiona Reynolds, Chief Executive Officer, AIST

Location: Taishan Room, Level 5

Dr Doom and the Doom and Gloom Report.

15. The future: projecting Global and Asian possibilities in the next twenty years

12:35pm - 3.30pm FAREWELL LUNCH AND ADDRESS