The 3rd US Covered Bond Investor Forum

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Euromoney launched The Covered Bond Congress in Amsterdam during September 2003. The franchise expanded to Japan in 2005 and the US in 2007, providing the first independent Covered Bond conference for US investors and issuers. Euromoney’s 2011 US Covered Bond Investor Forum took place on Wednesday 16 March 2011 at the Pierre, New York.

Speakers included:

• Josh Friedberg, Portfolio Manager, BlackRock
Eric Patlovich, Portfolio Manager, New Century Advisors
Claus Tofte Nielsen, Senior Portfolio Manager, Norges Bank Investment Management and Chairman, Covered Bond Investor Council
Paul Dudouit, Managing Director, Head of Long Term Funding, Crédit Foncier Group
Steven Hynes, Head of Secured Funding, RBS Group Treasury
Thor Tellefsen, Senior Vice President, Head of Long Term Funding, DnB Nor
Massimo Molinari, Head of Treasury and Capital Management, Banca Monte dei Paschi di Siena
Tom Ranger, Head of Secured Funding, Abbey, Santander UK plc
Wojtek J. Niebrzydowski, Treasury, CIBC

Since the global banking crisis Covered Bonds have continued to provide a safe haven for European investors. Canadian and European issuers have started to issue 144A compliant dollar covered bonds into the US investor base. Congress has debated a US Covered Bond law and the Senate Banking Committee has examined the future of Covered Bonds in the banking system and their place supporting the US housing market.

Euromoney Conferences produces more Covered Bond conferences in more countries than any other institution. The first event was launched in Amsterdam in 2003, and has now become by far the largest conference in the world dedicated to the asset class. In September 2010, its eighth year, the congress was in Zurich and welcome over 850 Covered Bond issuers, investors and intermediaries.

We have also held events dedicated to Covered Bonds in Tokyo, New York and London. There is no better forum to gain information on this growing asset class than a Euromoney conference.

"The conference was very informative, and the ability to speak with issuers and other
market participants helped us in our decision to invest in covered bonds."
Steve Liu, SIG

Wed 16 Mar 2011

The Pierre, New York