Conference

Global Capital Markets

Cross-border investment and regulation: new political realities and adapting to a post-Brexit world

Chatham House, London

Overview

This Chatham House ‘City Series’ conference will assess the current geo-economic and macroeconomic environment in Europe, North America and the Asia-Pacific region, considering prospects for investment at a time of regulatory uncertainty and political change. Discussions will also provide a timely opportunity to assess the implications of the UK’s vote to leave the EU and what the UK government’s pledge to exit the Single Market will mean in terms of policy, regulation, business operations, cross-border capital flows and London’s position as a financial centre. 

Sessions will focus on:

  • Implications of Brexit and global political developments for financial institutions and investment management;
  • Adapting to a post-Brexit policy and regulatory framework; 
  • The evolving landscape for business operations and cross-border investment;
  • Developing economic models that deliver value and growth for the ‘real’ economy.

The Chatham House Rule 
To enable as open a debate as possible, this conference will be held under the Chatham House Rule.

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Follow us @CH_Events
#CHCity

In partnership with:

ICI Global to partner with Chatham House on the Global Capital Markets 2017 conference 

Pricing and booking information

Ways to book:

  1. Online: Click here to complete the online registration form
  2. Phone: Call Dora Rencoret on +44 (0)20 7314 2785
  3. Email / Post: Download a PDF registration form, complete and return to Clare Smyllie via email or post: Chatham House, 10 St. James’s Square, London, SW1Y 4LE
 

RATE (+VAT)
 

  
Partners and major corporate members 
All organizations£595
Standard corporate members 
Commercial organizations£1,180
Government departments£700
NGOs and academics£460
Non-members 
Commercial organizations£1,295
Government departments£750
NGOs and academics£510

Your delegate pass includes:

  • Conference attendance
  • Documentation
  • Lunch and refreshments

Travel and accommodation are not included. View a list of recommended hotels here.

Thursday 23 March
0930

Welcome and chair’s opening remarks 
Paola Subacchi, Research Director, International Economics, Chatham House 

Overview | Global Economic and Investment Outlook
09:40 - 10:30

This opening moderated discussion will focus on the geo-economic outlook - including economic policy implications of political changes in Europe and the US - and macroeconomic conditions for investors in Europe, North America and the Asia-Pacific region.

Moderator
Paola Subacchi, Research Director, International Economics, Chatham House 

Panellists
Reza Moghadam, Vice-Chairman, Global Capital Markets, Morgan Stanley
Gene Frieda, Global Strategist, Pimco 
Gregor Irwin, Chief Economist, Global Counsel  

Questions and discussion

Session One | Brexit and Global Capital Markets 
10:30 - 11:45

This session will address how the UK’s vote to leave the European Union will affect capital markets and the asset management industry, and what the challenges will be for London’s status as a global financial services hub.

  • What are the economic implications of the UK’s decision to leave the EU and potentially exit the Single Market? How will financial stability and investment be affected in the medium to long term?
  • Beyond the UK and EU, what will Brexit mean for other large, established asset management hubs? How can the effects of a drawn-out negotiation, even with clear red lines, be mitigated?
  • In what ways are global capital flows already being affected? What can be done to manage the potential for investment slowdown during a prolonged period of uncertainty?
  • How might London’s position as a global financial centre evolve post-Brexit?
  • Will there be a shift to alternative asset management hubs globally, and if so, where?

Chair
‎Dan Waters, Managing Director, ‎ICI Global

Speakers 
Paul Andrews, Secretary General, IOSCO
Sharon Donnery, Deputy Governor, Central Banking, Central Bank of Ireland
Robert Barnes, CEO, Turquoise, and Head of Primary Markets and UK Buyside, London Stock Exchange Group
John Adams, Partner, Shearman & Sterling 

Questions and discussion

11:45 – 12:15 Refreshments

Session Two | Brexit and Global Capital Markets: Industry Panel 
12:15 - 13:30

Moderated discussion

  • How are Brexit uncertainties affecting the strategic business decisions of asset managers?
  • What tactical decisions on business models and operations are being made in preparation for a post-Brexit future? How will competitive advantages such as access to human capital evolve?
  • Given London’s significant financial market infrastructure, to what extent can alternatives be sought in the short term?
  • What might the challenges be with alternative regulatory arrangements between the UK and the EU, such as the ‘equivalence’ model?

Moderator 
Tanya Beckett, Journalist, BBC

Panellists
Matthieu Duncan, CEO, Natixis Asset Management
Ted Truscott, CEO, Columbia Threadneedle Investments, and Chairman, Investment Company Institute 
David Semaya, Executive Chairman, Nikko Asset Management

Questions and discussion 

13:30 – 14:30 Lunch

Session Three | The Post-Brexit Transition for Financial Services
14:30 - 15:50 

This session will focus on the post-Brexit regulatory transition, and the challenges for financial institutions in delivering economic value in the prevailing investment climate.

  • How will Brexit disrupt Europe’s growth and capital flows?
  • Who will play key roles in shaping the post-Brexit investment landscape?
  • How will Brexit affect Europe’s Capital Markets Union ambitions?
  • How might business models and company structures adapt in response to changing regulation?

Chair
Simon Nixon, Chief European Commentator, Wall Street Journal

Keynote speaker
Gérard Rameix, Chairman, Autorité des Marchés Financiers

Questions and discussion

Speakers 
Kay Swinburne, Member, European Parliament 
Verena Ross, Executive Director, European Securities and Markets Authority
Daniel Gros, Director, Centre for European Policy Studies

Questions and discussion

15:50 - 16:20 Refreshments

Session Four | Models for Sustainable Economic Growth 
16:20 - 17:30

This session will consider models for economic growth in developed economies, specifically the ability to deliver value to the real economy, and assess available tools to stimulate major global markets. Regulation, demographics and emerging asset classes will be addressed in this context.

  • What would financial regulatory reforms, such as those proposed by President Trump, mean for jobs and economic growth? Would a rebalancing of regulatory and supervisory goals risk financial stability?
  • What opportunities lie in specific asset classes such as infrastructure and green finance?
  • What investment philosophies are best placed to meet the needs of investors in the long-term? For example, what lessons can be learnt from increasing transparency or ethical stewardship in investment decisions?
  • How can the asset management industry adapt to meet the increasing economic pressures of demographic changes and societal ageing in developed economies?

Chair
Rosa María Lastra, Professor of International Financial and Monetary Law, Centre for Commercial Law Studies, Queen Mary University of London 

Speakers
Tom Fearnley, Investment Director, Ministry of Finance, Norway 
John Kay, Fellow, St John’s College, Oxford and Author ‘Other People's Money’ 
Douglas Elliott, Partner, Finance & Risk and Public Policy Practices, Oliver Wyman
John Bilton, Managing Director, JP Morgan Asset Management

Questions and discussion

17:30 End of conference and drinks reception

© The Royal Institute of International Affairs 2017

Speakers

John Adams to speak at the Chatham House Global Capital Markets 2017 conference

John Adams

Partner, Shearman & Sterling

Paul Andrews to speak at the Chatham House Global Capital Markets conference

Paul Andrews

Secretary General, IOSCO

Robert Barnes to speak at Chatham House Global Capital Markets 2017 conference

Robert Barnes

CEO, Turquoise and Head of Primary Markets and UK Buyside, London Stock Exchange Group

Tanya Beckett, Journalist, BBC

Tanya Beckett

Journalist, BBC

John Bilton to speak at the Chatham House Global Capital Markets 2017 conference

John Bilton

Managing Director, JP Morgan Asset Management

Sharon Donnery to speak at the Chatham House Global Capital Markets 2017 conference

Sharon Donnery

Deputy Governor, Central Banking, Central Bank of Ireland

Matthieu Duncan to speak at the Chatham House Global Capital Markets 2017 conference

Matthieu Duncan

CEO, Natixis Asset Management

Douglas Elliott to speak at Chatham House Reinventing Banking conference

Douglas Elliott

Partner, Finance & Risk and Public Policy Practices, Oliver Wyman

Tom Fearnley

Investment Director, Ministry of Finance, Norway

Gene Frieda to speak at the Chatham House Global Capital Markets 2017 conference

Gene Frieda

Global Strategist, Pimco

Daniel Gros to speak at Chatham House Global Capital Markets 2017 conference

Daniel Gros

Director, Centre for European Policy Studies

Gregor Irwin to speak at Chatham House Global Capital Markets 2017 conference

Gregor Irwin

Chief Economist, Global Counsel

John Kay to speak at the Chatham House Global Capital Markets conference

John Kay

Fellow, St John’s College, Oxford and Author ‘Other People's Money’

Rosa María Lastra to speak at the Chatham House Global Capital Markets 2017 conference

Rosa María Lastra

Professor of International Financial and Monetary Law, Centre for Commercial Law Studies, Queen Mary University of London

Reza Moghadam to speak at the Chatham House Global Capital Markets 2017 conference

Reza Moghadam

Vice-Chairman, Global Capital Markets, Morgan Stanley

Simon Nixon

Chief European Commentator, Wall Street Journal

Gérard Rameix to speak at Chatham House Global Capital Markets conference

Gérard Rameix

Chairman, Autorité des Marchés Financiers

Verena Ross to speak at the Chatham House Global Capital Markets 2017 conference

Verena Ross

Executive Director, European Securities and Markets Authority

David Semaya to speak at the Chatham House Global Capital Markets 2017 conference

David Semaya

Executive Chairman, Nikko Asset Management

Dr Paola Subacchi to speak at Chatham House Infrastructure Finance 2015 conference

Paola Subacchi

Research Director, International Economics, Chatham House

Dr Kay Swinburne to speak at the Chatham House Global Capital Markets 2017 conference

Kay Swinburne

Member, European Parliament

Ted Truscott to speak at Chatham House Global Capital Markets 2017 conference

Ted Truscott

CEO, Columbia Threadneedle Investments and Chairman of the Investment Company Institute

Dan Waters to speak at the Chatham House European Capital Markets 2016 conference

Dan Waters

Managing Director, ICI Global

Speaker Interviews

Global Capital Markets is the latest conference in the Chatham House ‘City Series.’ Ahead of the event, we asked some members of the speaker panel to share their thoughts on current challenges and priorities for capital markets. 

Read the interviews below for a preview of the conference agenda.

Daniel Gros

Director, Centre for European Policy Studies

Daniel Gros to speak at the Chatham House Global Capital Markets 2017 conference

See interview here

 

Sponsors

JP Morgan to sponsor the Chatham House Global Capital Markets 2017 conference

Shearman and Sterling to sponsor the Chatham House Global Capital Markets 2017 conference

If you are interested in becoming a sponsor for this event, please contact
Amy Wevill on +44 (0) 20 7957 5732

Venue

Chatham House
10 St James's Square
London
SW1Y 4LE
UK
[email protected]

Telephone: +44 (0)20 7314 2785
Fax: +44 (0)20 7957 5710

If you wish to book the venue for your own event please phone +44 (0)20 7314 2764

Directions
The nearest tube station is Piccadilly Circus which is on the Piccadilly and the Bakerloo Underground lines. From Piccadilly follow Regent Street southwards towards Pall Mall and take the first road on the right called Jermyn Street. Duke of York Street is the second road on the left and leads to St James's Square. Chatham House is immediately on your right.

Map

Accommodation
Although we cannot book accommodation for delegates, we have arranged a reduced rate at some nearby hotels, where you can book your own accommodation. Please inform the hotel that you will be attending a conference at Chatham House (The Royal Institute of International Affairs) to qualify for the Institute's reduced rate.

Please note all rates are subject to availability.

Flemings Mayfair
Half Moon Street
Mayfair
London - W1J 7BH

Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817

Standard Single from £195 + VAT

The Cavendish London
81 Jermyn Street
London - SW1Y 6JF

Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125

Standard Single £205 + VAT

Book The Cavendish online

The Stafford London 
St James's Place
London - SW1A 1NJ

Tel: 020 7518 1125
Fax: 020 7493 7121

Standard Single £235 +VAT

The Savoy London
Strand
London - WC2R 0EU

Tel: 020 7836 4343
Fax: 020 7240 6040 

Standard Single £250 +VAT

Media partners

AIMA to partner with Chatham House on the Global Capital Markets 2017 conference

ETF Express to partner with Chatham House on the Global Capital Markets 2017 conference

Hedgeweek to partner with Chatham House on the Global Capital Markets 2017 conference

IBDE to partner with Chatham House on the Global Capital Markets 2017 conference

ICA to partner with Chatham House on the Global Capital Markets 2016 conference

Institutional Asset Manager to partner with Chatham House on the Global Capital Markets 2017 conference

Private Equity Hire to partner with Chatham House on the Global Capital Markets 2017 conference

Wealth Advisor to partner with Chatham House on the Global Capital Markets 2017 conference

If you are interested in becoming a media partner for this event, please contact 
Amy Smith on +44 (0)20 7957 5755

Press registration

This conference will be held under the Chatham House Rule. Information for journalists.

Press can request a press pass.