On the 23- 24 June 2015, The Euromoney Bond Investor’s Congress reconvened for the 23rd year at The Hilton on Park Lane, London, alongside The Global Borrowers and Investors Forum. Fixed income investors from around the world gathered to listen to discussions with the who’s who of debt capital markets.
Sir John Sawers opened the Congress with an insightful keynote address on how to treat global issues in investment decisions, touching upon trade, politics and terror threats to a packed Ballroom 2. Jean Boivin, Deputy Chief Investment Strategist from BlackRock Investment Institute followed with an interview addressing key topics such as liquidity, inflation expectations in the bond market, the fixed income market and central bank divergence.
On day one, the Congress incorporated a number of investor focused panels dedicated to bank capital, with speakers from Standard Life, Schroders, ECM, Vanguard and Hermes debating on topics including TLAC and MREL, CoCo bonds, Solvency II, the Banking Union, the AQR results, cheap liquidity and the return of M&A.
Day two of the conference opened with Richard Ensor, Chairman of Euromoney Institutional Investor interviewing Vernon Hill, Chairman of Metro Bank. The interview delved into the philosophy of Metro Bank, a bank that is challenging everyday banking. After a brief pause of a few years, the largest issuer in the world, The US Treasury, took to the stage again at The Bond Investors Congress this year. Seth Carpenter, Acting Assistant Secretary for Financial Markets spoke freely in a keynote interview on the cause of volatility in the market, China’s sell off of US debt, cyber threats and their issuing plans for the future.
Hot topics such as the hunt for yield and SRI investment were covered on day two with speakers from Amundi, PIMCO, AXA, Robeco and Zurich Insurance Group commenting on negative rates, excess liquidity, green investments and issuing in an SRI market.
Cyber security and new risks in an increasingly digital financial market were discussed by specialists towards the end of day two, providing an insightful look into the risks that investors may face over the years to come.
The final panel closed the conference with an extremely lively debate between top economists from Fidelity, Oxford Economics, PineBridge Investments, BCA Research and McKinsey Global Institute. Opinions largely differed on the panel creating an interesting and insightful look into what investors should be concerned about over the next year.
Videos of the panel discussions and exclusive online interviews will be available to watch very soon.
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 and welcoming you all there.