Wednesday 2nd June 2010

8.30 Registration and breakfast
9.00 Welcome address: STRUCTURED PRODUCTS MAGAZINE

9.10 Extended opening workshop : About not blaming the knife for the murder in the future-
a structured product should be nothing more than the securitization of a financial strategy
• A structured product as the securitization of a strategy vs. a pure bet on the market
• Understanding the product: should not be rocket-science if linked to the profile
• Requirements for transparency and confidence on this market
Hugues Pirotte, Professor of Finance, SOLVAY BUSINESS SCHOOL and Head of Research, FINMETRICS

10.10
Out of the dumps
- The accurate policy response to the Lehman Brothers debacle helped to restore confidence
- Leading indicators point to an economic recovery this year
- Is the stimulating effect of policy measures ebbing away?
- The ongoing deleveraging process might turn out messy
- Which further reform is needed to improve the structural economic outlook?
Philip Bokeloh, Economist, ABN AMRO

10.50 Morning break and an opportunity to visit the exhibition

11.10
The return to simplicity: delivering customer value and increasing investor confidence in structured products
• Meeting changing customer expectations
• The importance of a transparent offering
• Structuring simple and appealing products to make customers return
• Bridging the gap between innovation and investor confidence
Koen Zoutenbier, Director, Structured Products, KEMPEN AND CO

11.50 The development of the ETF market in Benelux
• Long-term average market return approach
• Selection of indexes
• An overview of available ETFs in the region- who is offering what?
• How to select and differentiate between ETFs
• Understanding the risks involved
• Where is the market heading for these products?
Maarten van Oirschot , Founder, INDEX INVESTMENTS

12.30 Lunch and an opportunity to visit the exhibition

13.30 Afternoon keynote address: Regulatory changes and implications for the Benelux region
• A supervisor’s perspective on the Dutch market for structured retail products
• What are the key developments and challenges?
• Does the customer recognize the value quality?
• The importance of the Product Approval Process
Robbert Barth, Senior Supervisor, Structured Products, THE NETHERLANDS AUTHORITY FOR THE FINANCIAL MARKETS (AFM)

14.10 Panel discussion: Exploring this year’s big challenges for the buy side- and how to address them
• Designing innovative and transparent products which investors understand
• Is simple the new prerequisite?
• One size doesn’t fit all: Explaining the benefits of structured products for a tailored risk profile
• Designing short products in a low interest rate, illiquid environment
• Finding the risk-reward equilibrium
Moderator: Tim Mortimer, Managing Director, FUTURE VALUE CONSULTANTS
Cor Zeeman, Director, ALCATEL LUCENT
Koen Zoutenbier, Director, Structured Products, KEMPEN AND CO
Johan Groothaert, Chief Executive Officer, LUXEMBOURG FINANCIAL GROUP
Thierry Seynave, Director, Financial Markets, BANQUE DEGROOF

14.50 Uncovering new opportunities in renewable energy
• Why use structured products in renewable energy?
• Gaining access to renewable energy exposure through notes/certificates
• Case study: focus on photovoltaic power production
• Managing the associated risks
Martin Larsson, Chief Investment Officer, INVESTOR LUXEMBOURG

15.30 Afternoon break and an opportunity to visit the exhibition

15.50
Asset allocation in a fixed income portfolio by means of structured products
• The added value of structured products- revisited
• How to diversify your investments across asset classes- without compromising the desired risk/return profile
• Exemplary products and a model portfolio
• Possible considerations in dealing with liquidity and issuer risk
Nicholas Soerensen, Product Manager/ Assistant Vice President, Global Investment Solutions, DEUTSCHE BANK

16.30 Champagne roundtable discussion: Projections for the Benelux structured products market in 2010
• The landscape for structured products for the coming year
• Which asset classes will dominate the market?
• Which products will be most popular with retail clients?
• Case studies from throughout the region and new solutions
Moderator: Jean-Marc Michelet, Chief Executive Officer, EURINVEST PARTNERS
Nicholas Soerensen, Product Manager/ Assistant Vice President, Global Investment Solutions, DEUTSCHE BANK
Johan Groothaert, Chief Executive Officer, LUXEMBOURG FINANCIAL GROUP

17.10 Closing remarks: STRUCTURED PRODUCTS MAGAZINE
17.20 End of Structured Products Benelux conference and cocktail reception