Credit Trends 2019

Thursday, January 31, 2019

January 2019

Conference

Credit Trends 2019

The turning credit cycle

thursday, November 08, 2018
merchant taylors' hall, london

Credit Trends 2019

The turning credit cycle
Thursday, January 31, 2019
January 2019
Pan Pacific Hotel
Singapore

Credit Trends 2019

The turning credit cycle

Thursday, January 31, 2019
January 2019
Pan Pacific Hotel
Singapore

Credit Trends 2019

The turning credit cycle

Thursday, January 31, 2019
January 2019
Pan Pacific Hotel
Singapore

Credit Trends 2019

The turning credit cycle

Thursday, January 31, 2019
January 2019
Pan Pacific Hotel
Singapore

Credit Trends 2019

The turning credit cycle

Thursday, January 31, 2019
January 2019
Pan Pacific Hotel
Singapore

As the credit cycle turns, what will be the impact across different regions and sectors?

Moody’s Credit Trends will focus on credit outlooks and risks for 2019, as well as the longer-term vulnerabilities to watch out for.  

The event series will engage key market players – investors, issuers, economists, regulators and credit analysts – and look beyond the headlines to provide a comprehensive market view for the year ahead.  

Building on the success of our annual Credit Outlook conferences over the past years, the new Credit Trends series delivers even more global insights by combining investor, issuer and analyst views on key credit drivers for 2019.

Why Attend?

<div class="custom-container w-container"><div class="custom-item-holder alt"><img class="custom-item-icon alt" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342314cc19f6883e3c11f_discover2-white.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Keep track of market risks</h1><p class="custom-item-para alt white">Stay informed about global, regional and local market risks and key rating trends</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342ff8cb7533468114601_Analyze%202.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze the credit impact</h1><p class="custom-item-para alt white">Analyze credit outlooks and discover how long-term trends will shape the market in 2019</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae3432d0d74803949144d7f_network2.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Engage with your peers</h1><p class="custom-item-para alt white">Engage with the global investor and issuer community and get your questions answered by senior credit analysts</p></div></div></div>

Agenda

08.00          Workshop Registration

08.15          Pre-Conference Workshop

Moody’s approach to assessing environmental, social and governance (ESG) issues

  • Global trends driving integration of ESG into investment processes
  • Moody’s approach to integrating ESG into credit analysis
  • The materiality imperative:
    - Which industries are most exposed to carbon transition and physical climate risks?
    - Which corporate governance practices are most relevant to creditors?
    - Analysing ESG risk for a sector: Sovereign credit
  • Bringing it all together: Integrating ESG at the entity level:
    - Local case study

Ian Lewis, Associate Managing Director, Corporate Finance Group, Moody’s

Christian De Guzman, VP – Senior Credit Officer, Sovereign Risk Group, Moody’s

Rachel Chua, AVP – Analyst, Corporate Finance Group, Moody’s

08.30          Conference Registration

09.00          Opening Remarks

Jacques Els, Associate Managing Director and Country Head – Singapore, Moody’s

09.10          Big Picture Presentation

Why are global credit conditions weakening?

  • Will the growth, funding and liquidity landscape change over the next 12 months?
  • How will US trade policy affect sectors and regions?
  • What are the geopolitical risks and how significant are they?
  • Which are the longer-term credit risks to watch out for?

Michael Taylor, Managing Director and Chief Credit Officer, Asia Pacific, Moody's

09.35          Sovereign Presentation

What is the outlook for sovereigns as the credit cycle turns?

  • What are the drivers and risks to growth in the region?
  • How will the tensions between the US and China affect sovereigns in the region?
  • What are APAC sovereigns’ exposure to and buffers against tightening financing conditions?
  • How will the political outlook drive sovereign credit in 2019?

Christian de Guzman, VP – Senior Credit Officer, Sovereign Risk Group, Moody’s

Followed by a Spotlight Conversation with Jochen Markus Schmittmann, Resident Representative, IMF

10.20           Networking & Coffee Break

10.40          Banking Plenary Session

How resilient are the banks to market and credit shocks?

  • Are banks prepared for the next downturn?
  • How strong are Asia Pacific banks in withstanding potential shocks?
  • What are the new risks and sources of competition?

Graeme Knowd, Managing Director, Financial Institutions Group, Moody’s

Kingshuk Ghoshal, Managing Director – Global Subsidiaries, Standard Chartered Bank

Stephen Long, Managing Director – Global Banking, Financial Institutions Group, Moody’s

Eugene Tarzimanov, VP – Senior Credit Officer, Financial Institutions Group, Moody’s

11.25          Corporate & Infrastructure Plenary Session

How strong are corporate and infrastructure fundamentals as the credit cycle turns?

  • What are the challenges facing rated Asian corporate and infrastructure issuers in 2019?
  • How have trade tensions affected credit quality and could they lead to contagion risk?
  • How will slowing Chinese growth impact entities in Singapore and elsewhere in Asia?
  • What are the key risks to focus on for Asian high-yield issuers given the extended market volatility?

Ian Lewis, Associate Managing Director, Corporate Finance Group, Moody’s

Vincent Ferraton, Head of Asian Credit Research, Pictet Asset Management

Sean Henderson, Co-Head of Debt Capital Markets, Asia-Pacific, Global Banking, HSBC

Laura Acres, Managing Director, Corporate Finance Group, Moody’s

Gary Lau, Managing Director, Corporate Finance Group, Moody’s

Terry Fanous, Managing Director, Public, Project and Infrastructure Finance Group, Moody’s

12.10          Close of the Conference

Speakers

Moody's Speakers

Michael Taylor

Managing Director and Chief Credit Officer,

Asia Pacific

Moody's Investors Service

Moody's Investors Service

Asia Pacific

Managing Director and Chief Credit Officer,

Michael Taylor

Dr. Michael Taylor is a Managing Director for Moody’s Investors Service. He is also Moody’s Chief Credit Officer for the Asia Pacific region. Michael leads regional research, particularly with a cross-sectoral and macro credit focus, as well as coordinating major regional analytical initiatives.

Read Full Bio

Stephen Long

Managing Director - Global Banking

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director - Global Banking

Stephen Long

Stephen Long is a Managing Director co-responsible for Moody’s global bank ratings. He is based in Hong Kong and primarily focuses on bank ratings in the Asia Pacific region. He is also responsible globally for Moody’s ratings of non-bank financial institutions.

Read Full Bio

Laura Acres

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

Laura Acres

Laura Acres is a Managing Director with Moody’s Asian Corporate Finance Group. Based in Singapore, she leads a team of analysts who rate corporates across a variety of sectors in South and Southeast Asia.

Read Full Bio

Gary Lau

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

Gary Lau

Gary Lau is the Managing Director for the Corporate Finance Group in Hong Kong. Gary manages analytical teams in Hong Kong, covering corporate ratings in North Asia (ex-Japan).

Read Full Bio

Terry Fanous

Managing Director

Public, Project and Infrastructure Finance

Moody's Investors Service

Moody's Investors Service

Public, Project and Infrastructure Finance

Managing Director

Terry Fanous

Terry has over 25 years of experience in credit ratings and bank credit risk management. As a Managing Director, based in Singapore, he leads Moody’s Public, Project & Infrastructure Finance in Asia Pacific. He assumed his position in February 2015.

Read Full Bio

Graeme Knowd

Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director

Graeme Knowd

Graeme Knowd is a Managing Director in the FinancialInstitutions Group managing a team of analysts in Japan and Singapore. The team hasresponsibility for rating financial institutions, including banks, securities firms and other non-bankfinancial institutions in Japan, South and South East Asia.

Read Full Bio

Ian Lewis

Associate Managing Director

Corporate Finance Group & Project Infrastructure Finance

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group & Project Infrastructure Finance

Associate Managing Director

Ian Lewis

Ian Lewis is an Associate Managing Director for Moody’s Corporate Finance and Project & Infrastructure Finance Groups, based in Singapore. In this role, Ian manages a team of ratings analysts for ASEAN, with a focus on key sectors including autos, chemicals, metals & mining, steel, telecommunications, regulated utilities, transport and social infrastructure.

Read Full Bio

Eugene Tarzimanov

Vice President – Senior Credit Officer

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Vice President – Senior Credit Officer

Eugene Tarzimanov

Eugene Tarzimanov is a Vice President–Senior Credit Officer for the Financial Institutions Group in Asia. Based in Singapore, he is the Lead Analyst for banks in Southeast Asia, including Singapore, Malaysia, Vietnam, Sri Lanka and Bangladesh. Eugene is also responsible for coordinating banking research across Asia Pacific, and actively represents Moody’s to regulators, investors and the media on analytical and methodological views.

Read Full Bio

Christian de Guzman

Vice President – Senior Credit Officer

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Vice President – Senior Credit Officer

Christian de Guzman

Christian de Guzman is a Vice President – Senior Credit Officer with Moody’s Sovereign Risk Group. Based in Singapore, he covers a portfolio of sovereigns and multilateral development banks in Asia Pacific, including Japan, Korea and a number of Southeast Asian credits.

Read Full Bio

Rachel Chua

Assistant Vice President – Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Assistant Vice President – Analyst

Rachel Chua

Rachel Chua is an Assistant Vice President and Analyst with the Corporate Finance Group in Singapore. She covers a portfolio of investment grade and high yield energy companies across the Oil and Gas, and Chemical sectors in South and Southeast Asia. In addition, her coverage also extends to Singapore real estate investment trusts.

Read Full Bio

Further information

For more information, please contact:

Veronica George
Assistant Director - Events & Outreach
veronica.george@moodys.com
+65.6511.4623