Real Return: The Euromoney Global Inflation Conference

“A truly unique event focusing on the inflation markets. Covered a broad range of very relevant topics, with some excellent speakers and a great opportunity to interact with fellow market participants.”
Borut Miklavcic, Managing Partner and Chief Investment Officer, LindenGrove Capital

On Tuesday 19 May, Real Return: The Euromoney Global Inflation Conference successfully re-launched at the InterContinental Paris Le Grand, bringing together over 120 inflation investors, issuers and intermediaries.

The re-launch of the conference attracted the who’s who of the inflation-linked market with investors from AXA, Fidelity, Hermes and PineBridge Investments in attendance as well as the biggest sovereign issuers including the US, UK, Spain, France, Germany and Sweden.

Christian Noyer, Governor of the Banque de France opened the conference with a significant speech explaining that the combination of unprecedented monetary policy, geopolitical risk and energy volatility are leaving a puzzling situation for central banks. He confirmed that the ECB is ready to take additional steps to boost inflation if its current QE programme proves insufficient to ensure it delivers its mandate of maintaining inflation close to 2%.

How can current inflation trends be explained? And what do they mean for inflation-linked products? A series of panels and workshops took place throughout the day which prompted lively discussions from an engaged audience. The opening panel saw economists reminisce about inflation on a day when the UK announced a negative CPI rate for the first time since 1960, while the panel that followed discussed the intricacies of issuing, investing and trading in the inflation-linked market in-depth.

The issuers panel in the afternoon saw an interesting discussion between the DMOs from the US, UK, Spain, France and Germany with the audience extremely keen to hear about their presence in the inflation-linked market and future issuance plans. Rounding off the day, the final panel added an investor perspective of the inflation-linked market with insightful comments from Penni Coe, Emeric Challier, Amit Agrawal and Andrew Weir.

Euromoney Conferences would like to thank all our sponsors, speakers and delegates, without whom the event would not be possible. We look forward to re-convening again next year.

“The Euromoney Global Inflation Conference in Paris this year was a great chance for market participants to get up to date with the latest trends. We were very happy to be part of the high-quality discourse.”
Tammo Diemer, Managing Director, German Finance Agency

“It is a great opportunity to meet market participants interested in inflation prospects and exchange ideas. Against the current euro area economic backdrop, thinking about inflation expectations and the inflation outlook is absolutely essential.”
Michel Martinez, Chief Euro Economist, Societe Generale Corporate and Investment Banking

Tue 19 May 2015

InterContinental Paris Le Grand, Paris