8:30 a.m. - 9:00 a.m.
Registration and Continental Breakfast

9:00 a.m. - 9:15 a.m.
Welcome and Overview of the Agenda

Julie Warren, New York Life Investment Management (Chair of The Asset Managers Forum)

9:15 a.m. - 10:00 a.m.
Discussion of AMD Initiatives

The members of the Asset Managers Division were officially welcomed to be members of the BMA in October, 2005. The AMD had its first Executive Committee Meeting in Washington DC on November 8, 2005. The purpose of this session is to give an update to the members of the AMF on the current agenda items of the AMD, i.e. Longer Term Swaps Trading and Processing Solutions, Pension Reform Legislation, Industry-wide preparations for Avian Flu Pandemic, and Best Execution

Moderator: Joe Sack, The Bond Market Association

Speakers:

Wil Gibson, New York Life Investment Management

Mike Wyne, Fischer Francis Trees & Watts

10:00 a.m. - 11:00 a.m.
Credit Derivatives Processing Resolutions for 2006 - Where Are We Today?

With the exponential growth of the credit derivatives markets, operational bottlenecks have been a growing concern with the industry. With the operations areas struggling to keep pace with the front-office activity, what advances have both the buyside & sellside made toward improving their operational efficiencies and processing infrastructure in order to keep pace with the explosive market and appease the concerns of the industry.

Moderator: Jason Jesner, Credit Suisse Asset Management

Speakers:
David Inggs, Morgan Stanley
Mike Koenig, Morgan Stanley Investment Management
James Wallin, Alliance Capital Management L.P.
Janet Wynn, DTCC

11:00 a.m. - 11:15 a.m.
Refreshment Break

11:15 a.m. - 12:15 p.m.
Committee Breakout Session I:
AMF Swaps Committee Meeting
AMF Corporate Actions Committee

12:15 a.m. - 12:30 p.m.
Committee Reports by AMF Swaps Committee & Corporate Actions Committee Leaderships

12:30 p.m. - 1:30 p.m.
Luncheon Speaker: Jack Mahoney, Thomson TradeWeb

Measuring Operation Performance in the E-Processing World

The presentation will focus on the evolving value proposition of e-processing and where the buy-side stands on measuring its impact on operations performance. Recently TradeWeb conducted a study to better understand the benefits of integrating an OMS into TradeWeb's trading and trade processing workflow. The findings of this study will be used to illustrate the value achieved through integration. It will also provide some insight on how asset managers measure and evaluate operational performance.

1:30 p.m. - 2:30 p.m.
Committee Breakout Session II:
AMF STP Committee
AMF Bank Loans Discussion

2:30 p.m. - 2:45 p.m.
Committee Reports by AMF STP Committee & Bank Loans Working Group Leaderships

2:45 p.m. - 3:00 p.m.
Refreshment Break

3:00 p.m. - 4:00 p.m.
Hedge Funds and Prime Brokers in the Credit Derivatives Market - Navigating Through the Operational Challenges

Hedge funds have become active players in the credit derivatives market. What are the operational issues facing hedge funds and what are the commonalities / differences in processing CDS for traditional asset managers and hedge funds? With prime brokerage services expanding beyond trade servicing to offer intermediation services, how has their role changed within this market and what role do they play in the trade processing flow?

Moderator: Stephanie Pries,Managed Funds Association

Speakers:

Jon Anderson, Blue Mountain Capital Management

AnnMarie Davis, Citadel

Keith Peckholdt, Bank of America Prime Brokerage

Neil Monaghan, Morgan Stanley Prime Brokerage