| Accommodation: New York Marriott 3 World Trade Center New York, NY 10048-1098 Phone: (212) 938-9100 Fax: (212) 444-3466 |
If you are unable to attend but would like to receive documentation from this conference, please call 312.540.3010 |
| If you have any questions please fill out
an online inquiry. Or contact Alyson Smith in New York at (212) 983-3500 to register. Conference fee (per person) ………………………………..$1,895 |
|
8:00 CONTINENTAL BREAKFAST AND COFFEE
8:30 CHAIRPERSON’S REVIEW
8:45 ASSESSING THE CREDIT PROFILE OF SUB-NATIONAL GOVERNMENTS
Easing fiscal pressure from national governments by transferring responsibility to regional governments
Determining the effect of decentralization on international market borrowings
How does country risk affect ratings of regional and local governments?
Institutional framework—Impact on credit quality
Yves Lemay
Senior Vice President, Global Coordinator of Sub-National Ratings
MOODY’S INVESTORS SERVICE
9:45 POLITICAL SHOCKS AND MARKET MOVEMENT: APPROACHES TO POLITICAL RISK ANALYSIS
Applying academic studies in the matter of relating politics and finance
Generating value from historical data for determining the present correlation
Defining the political landscape
Identifying the trends of market volatility with respect to the political landscape
Dr. Walter T. Molano
Director of Economic and Financial Research for Latin America
SBC WARBURG DILLON READ
11:00 MORNING BREAK
11:30 ASSESSING COUNTRY RISK IN EMERGING AND MATURE MARKETS
Comparing opportunities in emerging and mature markets
Examining growth forecasts in emerging markets
How independent or dependent are emerging markets on mature markets?
Comparing mature market risk with emerging market risk
Understanding exchange rate regimes
Weighing in political stability factors
Emanuel Frenkel
Senior Vice President, Director of International Economics
BANKAMERICA CORPORATION
12:30 LUNCHEON FOR DELEGATES AND SPEAKERS
1:45 CASE STUDY: A FOCUS ON CENTRAL AND SOUTH EAST ASIAN MARKETS
The anatomy of the Asian sovereign crisis
Comparing Asian and Latin American markets
Are the 1990’s different than the 1890’s
Joseph Taylor
Managing Director
MERRILL LYNCH & CO.
2:30 POLITICAL RISKS IN LATIN AMERICA
Peter Hagerman
Vice President
STANDARD & POOR’S
3:30 AFTERNOON BREAK
3:45 CASE STUDY: POLITICAL RISK AND COUNTRIES IN TRANSITION
Comparing and contrasting market reforms in Central and Eastern Europe versus other emerging markets
What is political risk?
Identifying sources of political risk in transition economies
Patterns of political risk
The challenges ahead
Central Europe
The Balkans
Russia
FSU
Gretchen Rodkey, Ph.D.
Vice President, Emerging Markets Fixed Income Research
BEAR STEARNS & CO.
4:35 ADVANCED TECHNIQUES FOR CALCULATING RISK IN GLOBAL EQUITY PORTFOLIOS
Identifying risk indicators
Modeling risk with quantifiable factors
Volatility in the country’s market vs. by industry
Correlation between country and industry volatilities
Qualifying data
Latest developments in multi-factor models
Advanced techniques for calculating risk-adjusted returns
Information ratio
Sharpe ratio
Julia M. Peter, CFA
Regional Manager, Equity Sales and Client Relations
BARRA
5:25 CHAIRPERSON’S CLOSING REMARKS
5:40 END OF CONFERENCE
If you are unable to attend but would like to receive
documentation from this conference,
please call 312.540.3010
If you have any questions please fill out an online inquiry.
If you would like to register for an ICM Conference please fill out an online registration form.
Or contact Alyson Smith in New York at (212) 983-3500 to register.
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