The Asset Managers Forum's

Bank Loan Workshop & Vendor Exhibit

Monday, May 16, 2005

The Asset Managers Forum is hosting a full-day workshop on Bank Loans. This workshop is an opportunity for AMF members to participate in discussions relating to the operational challenges associated with bank loans in the asset management business. Many issues in this area are also relevant to sellside professionals. The Bank Loan market has increased dramatically both in liquidity and in efficiency in the recent years and has transformed into an important segment of the capital markets. The syndicated loan volume in 2004 was up to $1.3 trillion dollars. In addition to operational issues, the Workshop will address the structure of the market, secondary market trading practices, and managing a bank loan portfolio.

This innovative workshop will address some of the following Bank Loan issues:

• An Overview of the Bank Loan Market from a variety of perspectives.
• Where is the Bank Loan Market today and where is it going?
• Are there Outsourcing Options?
• What are the Special Challenges for Mutual Funds?
• Operational Challenges & Possible Best Practice Solutions for:
  • Trade Capture
  • Settlement
  • Pricing
  • Servicing
  • Reconciliation
  • Accounting

  Global Financial Markets Conference Ctr.        360 Madison Avenue, 17th Floor New York City 9:00 a.m. - 4:30 p.m. EST New York PROGRAM	Four Seasons Hotel Newport Beach 690 Newport Center Drive Newport Beach, CA 7:00 a.m. - 2:15 p.m. Pacific Time California PROGRAM
  This event is being sponsored by SimCorp USA, Inc.

   

  PROGRAM:  NEW YORK (EST)
  9:00 - 9:45 a.m.	Registration, Continental Breakfast & Vendor Exhibit
  9:45 - 10:30 a.m.	Opening Presentation in New York Only
  10:30 - 10:45 a.m.	Welcome & Overview of the Agenda Gary Nussenbaum, Prudential Investment Management, Inc.
  10:45 a.m.- 12:00 p.m.	Bank Loan Overview This educational session will provide an outline of the bank loan market and answer the following questions: What is a bank loan? Why have bank loans become so popular? How do bank loans fit into the capital markets structure? This panel will include presentations from the viewpoint of an asset manager, bank syndicate and issuer. Moderator: Gary Nussenbaum, Prudential Investment Management Inc. Panelists: Tim Aker, Prudential Investment Management Rob Dial, New York Life Investment Management Kevin Sherlock, Deutsche Bank
  12:00 - 12:15 p.m.	Break/Vendor Exhibit - New York
  12:15 - 1:15 p.m.	Featured Speaker - New York Luncheon This speaker will discuss Bank Loans in the credit markets; how do bank loans fit in the overall Fixed Income strategy and what does the future look like for the Bank Loans market.
  1:15 - 1:30 p.m.	Break/Vendor Exhibit - New York
  1:30 - 2:45 p.m.	Operational Challenges & Solutions: Trade Capture & Settlement This panel will address issues encountered in the front end of the Bank Loan processing cycle, as well as trading of Bank Loans. The panelists will also offer solutions to problems that are discussed. Moderator: Rebecca Ehrhart, Prudential Investment Management Inc. Panelists: Philip Blake, BlackRock Robert Fanelli, Goldman Sachs Julia Kingsbury, Credit Suisse First Boston Maria Latorraca, Standard & Poor's Joseph Salerno, Fidelity Information Services Jane Summers, Loan Syndications and Trading Association
  2:45 - 3:00 p.m.	Break/Vendor Exhibit - New York
  3:00 - 4:15 p.m.	Operational Challenges & Solutions: Pricing, Servicing, Reconciliation & Accounting In addition to discussing problems that arise in the back office processing cycle in pricing, servicing, reconciliation and accounting, and offering solutions for those problems, this panel will discuss best practices regarding processing events and challenges in the audit process. Moderator: Paul Fehre, New York Life Investment Management Panelists: Tom Phillips, Wall Street Office Franco Talavara, Bank of New York Lauri Whitlock, Credit Suisse First Boston
  4:15 - 4:30 p.m.	Closing Remarks
  4:30 p.m.	Cocktail Reception

  PROGRAM:  CALIFORNIA (Pacific Time)
  7:00 - 7:30 a.m.	Registration & Continental Breakfast
  7:30 - 7:45 a.m.	Welcome & Overview of the Agenda Gary Nussenbaum, Prudential Investment Management Inc.
  7:45 a.m.- 9:00 a.m.	Bank Loan Overview This educational session will provide an outline of the bank loan market and answer the following questions: What is a bank loan? Why have bank loans become so popular? How do bank loans fit into the capital markets structure? This panel will include presentations from the viewpoint of an asset manager, bank syndicate and issuer. Moderator: Gary Nussenbaum, Prudential Investment Management Inc. Panelists: Tim Aker, Prudential Investment Management Rob Dial, New York Life Investment Management Kevin Sherlock, Deutsche Bank
  9:00 - 9:15 a.m.	Break
  9:15 - 10:15 a.m.	Featured Speaker This speaker will discuss Bank Loans in the credit markets; how do bank loans fit in the overall Fixed Income strategy and what does the future look like for the Bank Loans market.
  10:15 - 10:30 a.m.	Break
  10:30 - 11:45 a.m.	Operational Challenges & Solutions: Trade Capture & Settlement This panel will address issues encountered in the front end of the Bank Loan processing cycle, as well as trading of Bank Loans. The panelists will also offer solutions to problems that are discussed. Moderator: Rebecca Ehrhart, Prudential Investment Management Inc. Panelists: Philip Blake, BlackRock Robert Fanelli, Goldman Sachs Julia Kingsbury, Credit Suisse First Boston Maria Latorraca, Standard and Poor's Joseph Salerno, Fidelity Information Services Jane Summers, Loan Syndications and Trading Association
  11:45 a.m. - 12:00 p.m.	Break for Lunch - California
  12:00 - 1:15 p.m.	Operational Challenges & Solutions: Pricing, Servicing, Reconciliation & Accounting In addition to discussing problems that arise in the back office processing cycle in pricing, servicing, reconciliation and accounting, and offering solutions for those problems, this panel will discuss best practices regarding processing events and challenges in the audit process. Moderator: Paul Fehre, New York Life Investment Management Panelists: Tom Phillips, Wall Street Office Franco Talavara, Bank of New York Lauri Whitlock, Credit Suisse First Boston
  1:15 - 2:00 p.m.	Presentation in California ONLY Staff Summary of Asset Managers' Advocacy Initiatives Under The Sponsorship of The Bond Market Association SAS 70 Web Site Best Practices / Derivatives 30 Year Treasury Bond Asset Managers Division of BMA

  Vendor Exhibition Opportunities Available.

  For more information please call Diane Trupia at 646.637.9270.

  Individuals from Asset Management firms participating in the Workshop are also invited to participate in the Quarterly Meeting of The Asset Managers Forum

  Registration Information

  Registration Fees:
  $395 Members of AMF and TBMA
  $495 Non-member

  Refund Policy: The Association will issue refunds, each subject to a $75 service charge, on cancellations received in writing on or before Friday, May 6, 2005. No refunds will be issued on cancellations after this date. Substitutes are welcome at any time.

  If you have any questions, please call Kristen Sarpalius at 646.637.9294.

  Location Information

  New York: The New York meetings will take place at the Global Financial Markets Conference Center located at 360 Madison Avenue (at 45th Street) on the 17th Floor, New York City, 10017.

  California: The West Coast Meetings will be held at the Four Seasons Hotel Newport Beach, 690 Newport Center Drive, Newport Beach, CA 92660.

  Register Today

Register Today

Exhibitors

Atlantic Information Services

Fidelity ACBS

J.P. Morgan FCS

Standard & Poor's

Trade Settlement Inc.