Abstract of Presentations
1.
Market Climate: Traversing the Road to Recovery
Mr. Sim Khee Lau
Abstract: Mr Sim, the Head of Phillip Managed Accounts (PMA), will share his experience and
insights on how the global economy will traverse the path to recovery. Financial panic has
subsided but the credit crunch remains largely intact. Will governments be able to spend their
way out of a recession? What are the risks that threaten to throw a spanner in the works?
Come and learn what you can expect of market developments in 2009.
2.
The Death of Bonds or The Birth of a Bull Market?
Mr. William Tan
Abstract: William will be providing a market update and what are some of the opportunities
that FT identify in the global credit space (government & corporate). The current recessionary
environment poses duration opportunities that our FI team explores in managing the portfolio.
In addition to interest rate opportunities, the FI team also identifies currency opportunities in
managing the portfolio in tapping to the 3rd source of return not common among traditional
plain vanilla bond funds.
3.
Asian Equities: The First State Approach
Mr. Alistair Thompson
First State Investments is an active fund manager. First State places a strong emphasis on
proprietary research and direct contact with the companies in which it invests. The objective
of the research is to identify sensibly priced, high quality companies that can deliver
sustainable long-term earnings per share growth. The investment process has generated
consistent long term out-performance, without incurring additional portfolio volatility.
First State also believes that volatile investor sentiment, which often reflects concern about
non-company specific events, can create buying opportunities in companies with good
prospects. By adopting an active bottom-up approach, the portfolio managers can take
advantage of such opportunities when they arise, and benefit from the subsequent recovery in
prices when the focus returns to company fundamentals.
Alistair Thompson, Deputy Head of Asia Pacific (ex-Japan) Equities, shares with us how the
First State approach has worked for the First State Asian Growth Fund and his focus in the
current challenging market conditions.
4.
Discretionary Managed Accounts: Building a Portfolio
Mr. Alex Pang
Abstract: Mr Pang will share how PMA’s active management within a disciplined investment
process can deliver consistent risk-adjusted returns over time. ‘Phillip Managed Accounts’ are
discretionary investment accounts suitable for retail investors, high net-worth individuals,
corporations and institutions.
5.
Currency as an Alternative Asset Class
Ms. Grace Chan
Abstract: The seminar aims to give participants who are interested in currency trading a
deeper understanding to the product. The speaker will also share some useful techniques
commonly used in currency trading.
Understanding Currency Trading
Knowledge require to start Currency trading
Factors that move the Currency Market
Practical techniques to formulate trading ideas
Question and Answers