Events
2010 Beneficial Owners Roundtable
November 19, 2009 — 2:30 p.m. - 5:00 p.m.
Hyatt Regency, Boston, MA
Tom Daniels, CFA, Managing Director, BNY Mellon Asset Servicing
Tom will participate in a roundtable discussion whose findings will be published in the January 2010 issue of Global Investor magazine and distributed at the 2010 IMN 16th Annual Beneficial Owners’ International Securities Lending & Repo Summit in February. Topics will examine: is supply returning to the lending market; how have the requirements of beneficial owners changed; market themes and trends; and the Central Counterparty model in the US and Europe.
ISF 2009 Latin America Master Class Series II Conference
November 17, 2009 — 11:45 a.m. - 12:45 p.m
Sao Paulo, Brazil
Tom Daniels, CFA, Managing Director, BNY Mellon Asset Servicing
Tom will participate in a panel discussion on "Lending in Latin America." Topics reviewed by the panel will include: how has Mexico fared as a lending market over the past year; have the other Latin American countries made progress toward lending; what would the impact be from Brazil launching a sovereign wealth fund and buying debt of Brazilian countries expanding overseas; and, how do onshore beneficial owners invest abroad?
Pennsylvania Association of Public Employees Retirement Systems Fall Workshop
September 23, 2009 — 3:30 p.m. - 4:15 p.m.
Holiday Inn, Monroeville, PA
Tom Daniels, CFA, Managing Director, BNY Mellon Asset Servicing
Tom will present "The Rewards and Risks from Securities Lending," which is designed to provide attendees with an overview of the dynamics of securities lending, how revenue is generated, the potential risks, and how certain tools aid in risk management. Also discussed will be the variables influencing revenue, including the client’s risk tolerance, portfolio objectives and type of assets enrolled.
IMN Beneficial Owners Securities Lending Summit
June 15 & 16, 2009
New York Athletic Club, New York City
Monday, June 15, 2009 — 5:00 PM
Kathy Rulong, Executive Vice President and Executive Director of BNY Mellon's Securities Lending Division
Kathy will participate on an Industry Leaders' Roundtable discussion related to "The Past, Present and Future of Securities Lending". Topics covered will include: reviewing lendable balances, spreads and reinvestment rates; risk management processes — how effective have they been and what can be improved; implications of the global regulatory changes; industry trends — agency vs. principal lending; securities lending agreements; and fail prices in the Treasury market.
Tuesday, June 16 — 12:10 PM
Glenn Skreppen, Manager of BNY Mellon Securities Lending U.S. Equity Trading
Glenn will participate on a panel discussing "The "New" New Thing: Back to Basics – Is Intrinsic Lending the Real Future of Securities Lending?" This panel will examine: whether lending returns adequately compensate for risks in today's environment; what needs to happen to ensure beneficial owners continue to benefit from securities lending; review of recent vs. historic lending performance; and how beneficial owners will move forward.
The North American Securities Lending Forum
June 10, 2009
Four Seasons Hotel, New York
Larry Mannix, head of BNY Mellon Securities Lending U.S. Government Trading and Collateral Reinvestment
Larry Mannix will be participating on a panel addressing the risks and rewards of securities lending on Wednesday June 10th. Larry will address issues regarding the applicability of lending for beneficial owners within the context of today's market environment. Initiatives for beneficial owners to make better informed decisions will be addressed as well as industry best practice, reporting and disclosure.
RMA Securities Lending Institutional Contacts Round Table
June 4 & 5, 2009
One Lincoln Street, Global Room, 7th Floor, Boston, MA
Thursday, June 4 — 2:00 PM
David DiNardo, First Vice President of BNY Mellon Securities Lending Product Development & Project Management
Dave is the Round Table Chair and on the Executive Committee of the RMA. He will provide welcoming remarks and introductions to kick-off the RMA Securities Lending Institutional Contacts Round Table Discussion. Dave will also serve as moderator for the "Central Counterparty Discussion" session on Friday June 5 at 11:15 AM.
Friday, June 5 — 10:15 AM
Larry Mannix, head of BNY Mellon Securities Lending U.S. Government Trading and Collateral Reinvestment
Larry will participate on a panel discussion — "Collateral Management in Today’s Market Conditions". This panel will explore transformation of the cash markets, rating agencies and their role in the future, valuation and pricing and appropriate investments for Defined Contribution Plans.
Nuclear Decommissioning Trust Fund Conference
May 17 - 20, 2009
Sheraton Sand Key Resort in Clearwater Beach, Florida
Tuesday, May 19, 2009
Tom Daniels First Vice President and head of BNY Mellon Securities Lending New Business Development
Tom will participate in a session entitled "The Perils and Rewards of Securities Lending". This discussion will be an educational and informative review of the risks of short-term money market instruments, which are key to facilitating lending transactions in the U.S. Specifically, interest rate, credit, liquidity and market risk will be reviewed as well as some key statistics beneficial owners can utilize to monitor and evaluate those risks. An examination of current market conditions as well as plan sponsor considerations to evaluate whether or not lending is appropriate for a plan will also be covered.