2015 Asset Managers Forum

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Investment Policies in Today’s Economic Environment

Contact Us

Carla Garci Crespo
cgarci@mexder.com.mx
+52 55 5342 9932

Anne Schankin
anne.schankin@cmegroup.com
+1 312 930 4597

3:45-4:00 p.m. Arrival and Registration
4:00-4:15 p.m.

Welcome Greetings

Jorge Alegría, General Director, MexDer

Charles Farra, Executive Director International Market Development, CME Group

Erick Rodríguez Jimarez, President of the Mutual Funds Committee, AMIB

Octavio Ballinas, Director of Investment and Risk, AMAFORE

4:15-5:00 p.m.

Global Economic Outlook and Impact on Latin America

Blu Putnam, Managing Director and Chief Economist, CME Group

An overview of the considerable economic and FX policy challenges faced by Latin America, not of its own making, due to the diverging patterns of economic growth and central bank policies among the US, Europe, and Japan; focus on the impact of very low government bond yields and considerable FX turbulence, with lower energy prices and China’s growth deceleration impacting trade prospects.

5:00-5:30 p.m.

Panel 1: Asset Allocation Strategies for 2015-16

Moderator: Charles Farra

Sharmila Chatterjee Kassam, Deputy CIO, Employees Retirement System of Texas

Craig Robbins, Senior Investment Strategist, Children's Hospitals & Clinics of Minnesota 

Thomas Nelson, Senior Vice President - Director of Investment Solutions Franklin Templeton Solutions, Franklin Advisers, Inc.

A space for global asset managers to share how they use exchange traded derivatives to adjust and alter asset allocation decisions, including cross-asset class passive investment strategies in view of the current economic environment.

5:30-5:45 p.m. Questions and Answers with Panelists
6:00-6:15 p.m. Break
6:15-6:45 p.m.

Equity Markets: The Big Picture

Tim McCourt, Executive Director Equity Products, CME Group

A discussion on the importance of liquidity and the comparative relationship between Futures, ETFs and Cash Equities for the passive index investor.

6:45-7:15 p.m.

Panel 2: Fixed Income markets: The MexDer slate of products

Moderator: Carla Garci Crespo, Business Development Manager, MexDer

Esteban Puente Mier, Investment Director, Afore Banamex

Jose Vila Lorente, Money Markets Director, Finamex Casa de Bolsa

Oscar Vite, Debt Funds Director, Santander Asset Management

A brief discussion on the benefits of the Mexican fixed income listed markets, particularly MBonos futures and TIIE swaps.

7:15-7:45 p.m.

Panel 3: Regulatory perspective

Moderator: Jorge Alegría

Eduardo Flores Herrera, VP of Exchange Supervision, CNBV

Luis Manuel de los Santos Cayetano, Policy and Supervision of Payment Systems, Central Bank of Mexico

Julián Gómez Faustino, General Director of Financial Planning and Economic Studies, CONSAR

A discussion about regulatory trends globally and in Mexico for listed derivatives, and an opportunity to hear first-hand how the regulators foresee the evolution and adoption of those instruments by the asset manager community. Focus also on the new clearing requirements for TIIE swaps in Mexico.

7:45-7:55 p.m. Questions and answers with panelists
7:55-8:00 p.m. Concluding remarks
8:00-10:00 p.m. Networking Reception

Jorge Alegría 
CEO, MexDer

Mr. Alegría graduated in Finance from the ITAM (Mexican Autonomous Technological Institute). He has taken and taught several advanced Courses and Seminars in México and abroad, specialized in Capital Markets and Financial Derivatives.

With more than 27 years of experience in the Financial Sector, he is currently the Chief Executive Officer of MexDer (Mexican Derivatives Exchange) and he has recently been appointed as SVP of Markets Operations and Data Services of the Mexican Stock Exchange Group. Previously, he was CEO of ABN AMRO Securities (Mexico) and Executive Vice President at Scotiabank Inverlat.

He has also served as Member of the Board and performed different positions related to the  Financial Markets at important Mexican corporations such as: AMIB (Mexican Brokers Association), ASIGNA (Clearing House), Impulsora del Fondo México (Mutual Fund), and the Mexican Stock Exchange.

Mr. Alegria has participated as a guest speaker in several national and international forums related with financial markets and derivatives since 1989, such as Euromoney, Institutional Investor, Futures Industry Association, International Options Markets Association, FOW, Hedge Funds World Conference and Latin Finance among others.

Currently, he is also a professor at the ITAM, where he imparts the subject of Derivatives in Mexico and he serves as Chairman of the International Options and Futures Markets Association (IOMA) a division of the World Federation of Exchanges (WFE).

 

Charles Farra
Executive Director, International Products and Services, CME Group

Charles Farra serves as Executive Director, International Products and Service of CME Group.  He is responsible for expanding CME Group business in the Latin American region by promoting CME Group products and leveraging the Products & Services team to expand customer reach.  He manages the Latin America team in Brazil, Mexico and Chicago.  Previously, he served as Associate Director, International Sales.

Before joining the company in 2002, Farra gained 22 years of brokerage and proprietary trading firm experience, focusing on institutional customers in the Asian region and proprietary trading operations in the U.S.

He earned a bachelor's degree in marketing from Indiana University and an MBA in finance from DePaul University.

 

Julián Gómez Faustino
Managing Director of Financial Planning and Economic Studies, National Commission of Savings Systems for Retirement (CONSAR)

Julián Gómez Faustino serves as managing director of financial planning and economic studies of the National Commission of Savings Systems for Retirement (CONSAR) in charge of regulatory design applicable to Investment Companies Specializing in Retirement Funds (SIEFORE), and responsible for the preparation of financial and actuarial studies for the System of Retirement Savings (SAR).

Julián previously served as deputy director general of analysis and risk evaluation, responsible for the supervision of financial risk of the SIEFOREs. Prior to joining CONSAR he worked in the investment area of the Institute for the Protection of Bank Savings (IPAB).

Julián Gómez obtained a Master’s degree in Finance from the Instituto Tecnologico Autonomo de Mexico (ITAM), is a graduate of the Bachelor of Economics and has a BA in Applied Mathematics from ITAM.

 

Thomas A. Nelson, CFA
Senior Vice President - Director of Investment Solutions Franklin Templeton Solutions, Franklin Advisers, Inc.

Tom Nelson is a senior vice president and director of investment solutions for Franklin Templeton Solutions. In this role he oversees the strategic asset allocation and asset class research team as well as FT Solutions' traditional asset portfolio management team. He also co-chairs the FT Solutions Global Investment Committee (GIC). Mr. Nelson is a portfolio manager of the Franklin Templeton Multi Asset Real Return Fund, Franklin Multi Asset Income Fund, and Franklin LVIP Multi-Asset Opportunities Fund and is a co-lead manager of the Franklin LifeSmart Retirement Target and Franklin Templeton Fund Allocator Series.

Mr. Nelson joined Franklin Templeton Investments in 2007 and co-founded the firm's quantitative research services group upon joining the company. He moved to Franklin Templeton Solutions in 2009. Prior to working at Franklin Templeton, Mr. Nelson worked for Bloomberg LP from 1991 to 2007, where he was most recently manager of the Americas market specialist teams.

Mr. Nelson holds a B.S. in accounting from the University of Delaware. He is a Chartered Financial Analyst (CFA) Charterholder and a Chartered Alternative Investment Analyst (CAIA) Charterholder. He is a member of the CFA Institute, the New York Society of Security Analysts and the Chartered Alternative Investment Analyst Association.

 

Sharmila Chatterjee Kassam
Deputy CIO, Investments Division, Employees Retirement System of Texas

Sharmila Kassam, Esq., CPA, is the Deputy Chief Investment Officer for the Investments Division at the Employees Retirement System of Texas (ERS). She works closely with the Chief Investment Officer and staff managing investments in all asset classes to develop internal best practices, analyze asset allocation, oversee external management, and pursue new initiatives. Sharmila is a liaison between internal and external stakeholders working on policy and agency strategic initiatives, including the $25 billion pension trust and $2 billion Texa$aver 401(k) / 457 Program, the voluntary defined contribution plan for employees of state agencies and some higher education institutions. Prior to her current role, she served as an Assistant General Counsel at ERS for five years during the initial stages of its private equity program, leading legal negotiations with multiple fund sponsors and later working closely with the private real estate and hedge fund teams as they developed their programs.

Before joining ERS, Sharmila was an associate at Wilson, Sonsini, Goodrich and Rosati, focusing on securities, mergers/acquisitions, and corporate governance. She worked at multiple start-up and technology companies in financial and operational roles prior to entering the legal profession. She began her career as an audit associate at Coopers & Lybrand (now PriceWaterhouseCoopers).

Sharmila is a licensed Certified Public Accountant and also licensed to practice law in California and Texas. She holds a Bachelor of Business Administration in accounting, with honors, and a Juris Doctor from the University of Texas of Austin.

 

Tim McCourt
Executive Director and Global Head of Equity Products, CME Group

Tim McCourt serves as CME Group's Executive Director and Global Head of Equity Products. He is responsible for the development, execution and management of the company's Equity Index growth strategy across a comprehensive suite of futures, options on futures, and cleared OTC solutions for key global benchmark indices.  McCourt also works closely with the company's Research & Product Development and Business Development groups to provide product and service innovation to broaden the index product portfolio and foster alignment with CME Group’s intellectual property and international exchange partners. He also serves on the S&P Dow Jones Indices U.S. Advisory Panel.

Before joining CME Group in 2013, McCourt worked for the Royal Bank of Scotland, where he was responsible for building and managing the Americas Index and Delta One trading book.  Prior to RBS, he held a senior trading role with JPMorgan in New York, spending 10 years with the Equity Derivatives Group on the Equity Financing and Delta One trading desks.

McCourt holds a bachelor's degree in political science from Boston College and a MBA from The University of Pennsylvania’s Wharton School.

 

Bluford Putnam
Managing Director & Chief Economist, CME Group

Bluford (Blu) Putnam is Managing Director and Chief Economist of CME Group. He is responsible for leading global economic analysis and monitoring developments in the price patterns, volatility and correlations of futures and options markets.

Prior to joining CME Group, Putnam gained more than 35 years of experience in the financial services industry with concentrations in central banking, investment research and portfolio management. He started his career as an economist with the Federal Reserve Bank of New York and later moved to the Chase Manhattan Bank. He has served in London as Morgan Stanley’s Global Bond Strategist and Kleinwort Benson’s Chief Economist. Moving into portfolio management, he has held positions as Chief Investment Officer for Equities and Asset Allocation at the Bankers Trust Company in New York and President of CDC Investment Management Corporation.

Putnam holds a Ph.D.in economics from Tulane University. He has authored five books on international finance, as well as published in such academic journals as the American Economic Review and the Journal of Finance, among many others. In the past, he has served on the adjunct faculty of several business schools, including The Wharton School, New York University, and Columbia University.

 

Craig Robbins
Senior Investment Strategist, Children's Hospitals and Clinics of Minnesota

Craig Robbins is the Senior Investment Strategist at Children's Hospitals and Clinics of Minnesota, a large pediatric health care organization in the upper midwest with an investment program over $1.0 billion. Over the last three years, Craig's primary responsibilities include strategy and manager research, aggregating risk analysis, and directly investing short term working capital. Additionally, Craig works in a similar capacity with an associated $1.2 billion multi-employer pension plan. Prior to Children's, Craig worked in the numerous investment and financial positions including Knight Trading where he ran a delta hedging desk for their stock and ETF options trading group. He has an MBA from University of Minnesota and a BA from Carleton College.

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