Crane Data, publisher of this website and newsletter Money Fund Intelligence, has partnered with German conference producer IQPC to launch European Money Fund Summit, a 2-day event scheduled for Nov. 19-20, 2012 in Frankfurt, Germany. European Money Fund Summit (www.moneyfundsummit.com) will be hosted by our Peter Crane and by Federated Investors' Debbie Cunningham, and will feature presentations and panels by the world's foremost authorities on European and global money market mutual funds. Speakers will include new IMMFA Chairman and HSBC Global CIO of Liquidity Jonathan Curry, JP Morgan Asset Management's Bob Deutsch and Jim Fuell, Goldman Sachs Asset Management's Kathleen Hughes, BVI and EFAMA's Rudolf Siebel, and Pyramis' (Fidelity Investments') Peter Knight, among others.
The conference's introductory letter states, "The European Money Market Mutual Fund landscape is challenging at the moment to say the least. A shifting regulatory landscape, ultra-low and zero interest rates, and concerns over European banks and credit make managing and marketing money funds more difficult than ever. But opportunities remain in the money markets for the bold. Can money market funds domiciled in Europe and denominated in Europe survive in the current rate and regulatory environment? While all is not lost, the challenges are myriad. Benefit from the following key discussions: Impact of Eurozone Troubles; Regulatory Issues: SEC Proposals, ESMA Guidelines, IOSCO, Shadow Banking; Investor Trends, Concerns & Requirements; Rating Process & Rating Methodologies; Distribution Tactics in Different European Markets. Join us in Frankfurt in November to learn more about these issues and to discover strategies for investing and positioning products in various European markets."
Conference sessions on day one will include: State of the European Money Fund Industry (IMMFA's Curry); State of the U.S. Money Fund Industry (and its Implications for Europe) (Crane and ICI's Sean Collins); U.S. & Global Money Fund Regulations: Rule 2a–7 and Beyond (Federated's Cunningham and JPM's Deutsch), Update on European Regulations Impacting Money Funds (Dan Morrissey of William Fry); The Shadow Bank Debate and its Impact on Money Market Funds(BVI's Siebel); `Mutual Funds & Money Markets in Germany & Continental Europe (Rainer Habisch of Deutsche Asset Management); Money Market Issues in France (Dr. Silvain Broyer of Natixis Global Asset Management); Money Funds Navigating the European Debt Crisis: Moody's Perspective (Moody's Yaron Ernst); and, Sovereign Risk within European Money Market Funds (Andrew Paranthoiene, S&P).
Day two's topics feature: Mutual Funds Go Global: Developments in Europe & Beyond (Pyramis' Knight); Enhanced Cash: Ultra Short Options and Separate Accounts; Distributing Money Funds in Europe (Goldman's Kathleen Hughes and BNY Mellon's Justine Mizrahi); Money Fund Managers on Major Issues; Wholesale funding from international money market funds - an issuer's perspective (Michael Schneider of DZ Bank AG and Jean-Luc Sinniger of Citi); MMFs Instruments, New Securities & Supply (David Hynes of Northcross Capital and Kieran Davis of Barclays); and Portals & The Transparency Arms Race (Peter McHugh of State Street's FundConnect).
Sponsors to date include Federated Investors, Moody's Investors Service, BlackRock and Crane Data. Visit http://www.moneyfundsummit.com for more details or call (508-439-4419) or e-mail Pete Crane with any questions or to request the full conference brochure. We hope to see you in Frankfurt! Finally, note too that the agenda has been released and registrations are being accepted for Crane's Money Fund University, which will be Jan. 24-25, 2013, at The Roosevelt Hotel in New York City, and that the preliminary agenda for next year's Crane's Money Fund Symposium (Baltimore, June 19-21, 2013) is being prepared currently.
