roadshow january 2015 hong kong 16th january 2015 welcome Dear Fund Industry Professional, On behalf of the Association of the Luxembourg Fund Industry (ALFI), it is my pleasure to invite you to our Global Fund Industry Seminar that takes place on: Friday, 16th January 2015 at The Four Seasons Hotel 8 Finance Street, Hong Kong This seminar will provide fund industry professionals with an overview of recent developments in the investment funds’ business environment in Luxembourg. With total assets under management of more than 3,000 billion euros, Luxembourg is Europe’s number one investment fund domicile and second only to the US on a global level. The Luxembourg financial center is the world leader in UCITS products (Undertakings for Collective Investments in Transferable Securities) that comply with the relevant EU regulation and are enabled to be distributed across Europe while offering at the same time a high level of investor protection. Building on our UCITS experience, we strive to seize the opportunities of the Alternative Investment Fund Managers Directive (AIFMD) to further develop our already broad range of alternative investment products, including hedge funds, private equity funds and real estate funds. At our interactive seminar, renowned experts drawn from a variety of professions will brief you on the Luxembourg fund industry’s solutions in the field of AIFMD implementation and on recent and upcoming regulatory changes impacting the fund business. We will namely highlight the opportunities offered by structuring an RQFII via Luxembourg. As the world’s leading platform for cross-border fund distribution, it is self-evident that we also address current evolutions in the global distribution of both UCITS and alternative investment funds. Participation in the seminar is free of charge. A detailed program is enclosed. We hope you will consider attending our seminar and forward our invitation to colleagues you believe would be interested to participate. To Register: please refer to the personalised links in the email or you can click here. Otherwise please refer to the registration section on the roadshow webpage on www.alfi.lu - events section. We look forward to seeing you Sincerely, Camille Thommes Director General programme 08.00 – 09.00 Registration & breakfast 09.00 – 09.25 Welcome & introduction Paul Steinmetz, Ambassador of the Grand Duchy of Luxembourg to China Marc Saluzzi, Chairman, Association of the Luxembourg Fund Industry (ALFI) Bruno Lee, Chairman, Association of the Hong Kong Investment Funds Association (HKIFA) 09.25 – 09.50 Focus on the investor: Key messages from Luxembourg UCITS V, UCITS VI, PRIPS, MIFID, EMIR, ELTIF… Which of these rather cumbersome regulatory acronyms directly or indirectly affect the international asset management industry? And how? Are we experiencing a transformational regulatory shift within our industry, or is it broadly business as usual? Freddy Brausch, Partner, Linklaters LLP, Luxembourg Claude Kremer, Partner, Head of Investment Management, Arendt & Medernach, Luxembourg 09.50 – 10.45 Regulated alternative funds under AIFMD: The Luxembourg fund industry solutions A recent survey by Oliver Wyman has highlighted that the arrival of the AIFMD will fuel strong growth in European fund domiciles. Luxembourg is the leading international alternative investment fund domicile covering real estate, private equity, hedge, debt and infrastructure and is very well positioned for future strong growth. The panelists will explain the practical “dos” and “don’ts” of structuring your Luxembourg alternative investment fund product. Moderator: Georges Bock, Partner, KPMG, Luxembourg Panelists: Valérie Arnold, Partner, PwC, Luxembourg Steve Bernat, Director, Member of the Executive Committee, Lemanik Asset Management S.A., Luxembourg Chris Edge, Managing Director, Head of HSBC Securities Services Luxembourg 10.45 – 11.15 Coffee break 11.15 – 11.45 Interview: Structuring your RQFII via Luxembourg Hear first-hand how and why to structure Luxembourg UCITS funds using your Hong Kong RQFII quota or Shanghai-Hong Kong Stock Connect. Marco Montanari, Head of Passive Asset Management, Asia Pacific, Managing Director, Deutsche Bank AG, Filiale Hong Kong Richard Tang, Chief Executive Officer, ICBC Credit Suisse Asset Management (International) Company Limited, Hong Kong Interviewed by: Marc Saluzzi, Chairman, ALFI 11.45 – 12.30 Current distribution trends - covering both traditional (UCITS) and alternative (AIFs) investment fund products The AIFM Directive holds out the possibility to create a worldwide brand for alternative investment fund products, similar to what the UCITS Directive achieved for traditional products over the last 20 years, but, what’s happening to date? Are asset managers truly embracing the AIFMD to enhance their distribution opportunities? What are the latest UCITS product distribution trends? How is regulation on commission bans, investor suitability, etc likely to impact fund distribution in the future? What types of traditional and alternative investment products are currently attracting the strongest asset flows? This panel will discuss and debate the above questions. Moderator: Christopher Stuart Sinclair, Director, Deloitte, Luxembourg Panelists: Denise Voss, Conducting Officer, Franklin Templeton, Luxembourg Rafael Aguilera, Executive Director, EY Luxembourg Gast Juncker, Partner, Elvinger, Hoss & Prussen, Luxembourg Siuchan Kwan, Director, Markets and Securities Services, Citi, Hong Kong 12.30 – 14.00 Buffet Lunch 13.15 – 14.15 Workshop: practical know-how on setting up a Luxembourg alternative investment fund Speakers to be confirmed 14.15 – 15.00 Closing coffee sponsors roadshow 16/01/ 15 hong kong