Absolute Return Spring Symposium 2013

Venue: 10 On The Park
Location: New York
Dates: Thursday, 21 March 2013 - Thursday, 21 March 2013

The Absolute Return Symposium, held annually in New York, attracts elite hedge fund managers and investors from across the globe. This year top managers and investors will offer incisive commentary on the industry's expansion, widening dispersion of returns and look at the outlook for and opportunities in credit, macro and commodities. As the global hedge fund industry marches past the $2 trillion mark, don't miss the chance to learn from the true money makers. REGISTER NOW - US: +1 212 224 3570 / UK: +44 (0)20 7779 7222 or email: events@hedgefundintelligence.com


Thursday, 21 March

08.00 - 08.30

                    

Registration and breakfast

 

08.30 - 08.40

Welcoming remarks and introductory briefing:
Christopher Garnett, Director, HedgeFund Intelligence Conferences and Euromoney Conferences

 

08.40 - 09.10

Keynote address:
Andrew Redleaf, Founder & CIO, Whitebox Advisors

Andrew Redleaf, Whitebox Advisor, LLC’ s founder and chief investment officer has more than 30 years of experience trading in convertible securities and other optionality-driven markets. Before founding Whitebox, Andrew was a founding partner of Deephaven Asset Management and managed the Deephaven Market Neutral Fund from 1994 through 1998. From 1980 to 1994, Andrew was an options trader at the Chicago Board Options Exchange (CBOE), the world’s largest options exchange. Before the CBOE, Andrew was an options trader with Gruntal & Company. Andrew received his baccalaureate and masters degrees from Yale University in 1978 in only three years. During that time, he was awarded the Yale math prize for outstanding undergraduate mathematician.

Introduced by:
Neil Sherman, Managing Director, Investment Banking, Credit Suisse

 

09.10 - 09.55

Macro: Where do you find certainty in an uncertain world?

* Uncertainty, deleveraging, imbalances and government policy
* Currencies, commodities and unorthodox monetary policy
* The German election, European banking union and the debt crisis: The final countdown?
* Japan: A ticking time bomb?

Moderator:
Josh Friedlander, Editor, Absolute Return

Speakers:
Rennee Haugerud, Founder, Chief investment Officer and Managing Principal, Galtere 
Tomas Jelf, Chief Economist, Prologue Capital
Cameron Small, Managing Director, Citi
Ashwin Vasan, Founder and Chief Investment Officer, Trend Capital Management

 

09.55 - 10.40

Credit: How do you plan for the bond unwind?

* How to navigate the end of the great bull run in bonds
* The best trades in sovereign debt
* How to avoid crowding out in corporate credit
* The outlook for the U.S. housing market and mortgage-backed securities

Moderator: 
Mark Johnson, Editor, Euromoney Conferences

Speakers:
Steven Kuhn, Partner and Head of Fixed Income Trading, Pine River Capital Management
Derek Smith, Managing Principal & Senior Portfolio Manager, BlueMountain Capital Management
Scott Stelzer, Senior Managing Director, Head of CMBS Securities and trading, Cerberus Capital
Joseph Stewart, Managing Director, Head of Cross Asset and Hedge Fund Sales, Americas, UBS
David Warren, Chief Executive Officer, DW Investment Management and Manager, Brevan Howard Credit Catalysts Master Fund

 

10.40 - 11.05

Coffee break

 

11.05 - 11.35

Keynote interview with Boaz Weinstein, Founder and Chief Investment Officer, Saba Capital Management

Boaz Weinstein is the founder and chief investment officer of Saba Capital Management, L.P. Boaz founded Saba in 2009 as a lift-out of the Deutsche Bank proprietary credit trading group he started in 1998. As of February 2013, the firm manages $5.3bn, including approximately $500m in its tail hedge strategy. Previously, Boaz worked at Deutsche Bank for 11 years, the last eight as managing director (a title he received at age 27). In 2008, Boaz was promoted to co-head of global credit trading, overseeing 650 investment professionals. Boaz graduated from the University of Michigan with a BA in Philosophy.

Interviewed by:
Rob Copeland, Staff Writer, Absolute Return

11.35 - 12.20

Investors: Recalibrating their approach to the industry

* What do investors want from hedge funds – and are they getting it? Is performance good enough – and at the right price?
* What is the impact of more end-investors going direct and cutting out the funds of funds?
* Are consultants the new gatekeepers with the most power – and how are they using it to advise investors?
* Where do the current trends leave traditional hedge fund investors like family offices and private bank clients? 

Moderator:
Andrew Lapkin
, President, HedgeMark International

Speakers:
Seema Hingorani, Head of Public Equities and Hedge Funds, Bureau of Asset Management, NYC Office of the Comptroller
David Katz,
President and Chief Operating Officer, Larch Lane
Ryan Randall, Investment Officer, Fairfax County Retirement Systems
Nicole Solomon, Portfolio Manager and Director of Investments, Ocean Road Advisors
Maria Tapia, Partner, Alternative Investment Group


 

12.25 - 13.10

Regulation: Rising to the challenges of transatlantic oversight

While hedge funds in the US have been grappling with implementation of domestic rule changes following Dodd-Frank, there has also been a slew of regulatory change in the works in Europe – including the Alternative Investment Fund Managers (AIFM) Directive and UCITS IV. A panel from a group of leading firms discuss what they need to do in order to keep up with the new rules on both sides of the Atlantic.

Moderator:
Marina Lewin, Head of Global Business Development, BNY Mellon Alternative Investment Services

Speakers:
Christopher Hilditch, Partner, Schulte Roth & Zabel
David Keilly, General Counsel and Chief Compliance Officer, Visium Asset Management
Simon Lorne, Vice Chairman and Chief Legal Officer, Millennium Management 

Emma Rodriguez-Ayala, Associate General Counsel, Mesirow Financial 
 

WORKSHOP A: Hosted by Velocity Capital

Profiting in a Low Volatility Environment 

* Volatility: What happened in 2012
* Vix-onomics: How to structure your portfolio
* Concepts for profiting in a low volatility environment

Speaker:
Scott Weiner, Head of Quantitative Strategy, Velocity Capital                                    
                                                               


 

13.10 - 14.00

Lunch and networking

 

 

14.00 - 14.45

Managing a hedge fund: What the new breed of COOs need to know

* How is the role of a COO changing?
* Adapting to the new world of more onerous investor and/or regulatory requirements
* What does the ‘globalisation’ of the industry mean for COOs?

Moderator:
Neil Wilson, Managing Editor, HedgeFund Intelligence

Speakers:
Jonathan Bloom, Chief Operating Officer, Eagle River Asset Management
James Canales, Partner and CEO, StoneWater Capital
Michael Carter, Chief Operating Officer, Magnetar Capital
Andrew Rabinowitz, Chief Operating Officer, Marathon Asset Management


WORKSHOP B: Hosted by Cerberus 

Alpha Generation in CMBS

- Importance of collateral/credit research in uncovering different risk/return profiles

- Value of a long/short strategy

- Market dynamics:  new issue, fundamental trends, and market technicals

- Common misperceptions in CMBS collateral and capital structure

Speaker:
 - Scott Stelzer, Senior Managing Director, Head of CMBS Securities and Trading, Cerberus Capital Management

14.50 - 15.35

Emerging Markets: What happens when you become mainstream?

* The outlook for emerging market equities and bonds
* The outlook in key emerging market regions and economies – including Brazil, Russia, India and China
* The impact of global macro headwinds, and a possible slowdown in global growth

Moderator:
Chris Garnett, Director, HedgeFund Intelligence Conferences and Euromoney Conferences

Speakers:
Peter Getsinger, Managing Partner, and Chief Investment Officer, Nexstar Capital Partners
Robert Koenigsberger, Founder and Chief Investment Officer, Gramercy Funds Management
Chris Osborne, Chief Executive Officer, Sberbank CIB USA
Xiao Song, Portfolio Manager, Emerging Markets, Contarian Capital Management

 

15.35 - 16.00

Coffee break

 

16.00 - 16.45

Commodities: If it’s not about China then what is it about?

* What is the outlook for energy, metals, softs and agriculturals in light of renewed stimulus?
* What will be the impact of China this year and next?
* Where are the best opportunities now the so-called super cycle is at an end?

Moderator:
Richard Ryan, Director, Newedge USA

Speakers:
Jean-Marc Bonnefous
, Founding Partner and Principal, Tellurian Capital
Paul Crone, Founder and Chief Investment Officer, Citrine Capital Management
Adam Dunsby, Partner, SummerHaven Investment Managemen
t
Mark Rzepczynski, Chief Executive Officer, FourWinds Capital Management

 

16.45 - 17.45

Best Ideas: Four managers and a crystal ball

Four talented fund managers will each make a case for one of the top investments in their portfolios and share their invaluable investment insights.

Moderator:
Josh Friedlander, Editor,
Absolute Return

Speakers:
Worth Gibson, Chief Operating Officer, Forest Hill Capital
Efrem Kamen, Founder and Managing Member, Pura Vida Investments
Jeffrey Meyers, Founder, Cobia Capital Management
Patrick Wolff, Founder and Managing Member, Grandmaster Capital

 

17.45 - 19.00

Cocktails

 

 


 
*Absolute Return/HedgeFund Intelligence reserve the right to amend the programme and is not responsible for cancellations due to unforeseen circumstances. Absolute Return/HedgeFund Intelligence accepts no responsibility for statements made orally or in written material distributed by any of its speakers at its conferences. In addition, Absolute Return/ HedgeFund Intelligence is not responsible for any copying, republication or redistribution of such statements.

 

 


If you would like to suggest a speaker or a topic, please contact: 

Emma Kearney - ekearney@euromoneyplc.com 

Josh Friedlander - jfriedlander@absolutereturn.net 

Neil Wilson - nwilson@hedgefundintelligence.com

 


 
There are three easy ways to register for the Symposium....


Ticket Hotline: +44 (0) 20 7779 7222 / US: +212 224 3570

Email: events@hedgefundintelligence.com

Online: Complete our online booking form above


 

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