July 22, 2008

The subprime fallout from the United States has raised the cost of debt worldwide and highlighted the dangers of leverage. Does the pursuit of higher returns justify leverage in superannuation and hedge funds or are the risks just too high?

Our speakers bring US and local perpectives to the debate, while the Round Table, made up of a panel of leading industry professionals from investment banking, broking and funds management/consulting backgrounds, will debate the issues.

S P E A K E R S

Robert A. Jaeger, Ph.D.
Senior Market Strategist, BNY Mellon Asset Management

Bob Jaeger is Senior Market Strategist for BNY Mellon Asset Management, working with large institutional clients on issues related to investment policy and asset allocation. Prior to assuming his current responsibilities Bob was Vice Chairman and Chief Investment Officer of EACM Advisors LLC, a BNY Mellon subsidiary that acts as a “manager of managers” for institutional clients in the U.S. and around the world. Bob was affiliated with EACM and its predecessors from 1983 to 2007. From 1970 to 1982 Bob was a member of the faculty of Yale University. In 1982-83 he was a member of the faculty of the University of Massachusetts at Amherst. He is the author of All About Hedge Funds (McGraw Hill, 2002). He holds a B.A. from Princeton, a B.Phil. from Oxford, and a Ph.D. from Cornell.

Greg Vaughan, FIAA CFA
CIO, WestLB Mellon Asset Management (Australia)

Greg is the Managing Director and Chief Investment Officer at WestLB Mellon Asset Management (WMAM) Australia. Greg has over 25 years investment experience at senior levels in various organisations, including the Reserve Bank of Australia, Rothschild Australia Asset Management and Towers Perrin Asset Consulting. Greg established the predecessor of WMAM Australia at HSBC in 1995. Greg is an actuary and CFA charterholder and is actively involved in research and the management of WMAM Australia’s investment process.

M O D E R A T O R S

in Sydney
Jeff Rogers CIO, ipac

in Melbourne
Syd Bone CEO, VFMC

P A N E L L I S T S

Paul Brunker Australian Equity Strategist, JP Morgan Securities
Kristian Fok Deputy Managing Director, Frontier Investment Consulting
Rob Hogg Senior Consultant, Frontier Investment Consulting
Tim Hughes CIO, Catholic Superannuation Fund
David Jones Managing Director, CHAMP Private Equity
Martin Lawrence Head Australian & New Zealand Research, RiskMetrics Group

A G E N D A

Introduction

The speakers will make some introductory remarks on the topic.

Round Table

The Moderator in each city will then direct proceedings and moderate the panel of experts to debate the issues in more depth. The discussion will be interactive and the moderator will invite contributions from the audience.

Sydney

Date Tuesday, 22nd July
Time 2.15pm for 2.30pm start
Round Table ends at 5.15pm
followed by cocktails
Venue
Room III, Establishment
Level 3
232 George Street
Sydney NSW 2000

Melbourne

Date Wednesday, 23rd July
Time 2.15pm for 2.30pm start
Round Table ends at 5.15pm
followed by cocktails
Venue
Room III
The Westin Melbourne
205 Collins Street
Melbourne VIC 3000