Stewart Aldcroft, Cititrust Limited, Managing Director and Senior Advisor, Citi Markets & Securities Services

Stewart Aldcroft Stewart Aldcroft is Chairman of Cititrust Limited (Cititrust) in Hong Kong.  He is also Managing Director and Asia Pacific Senior Advisor for Citi’s Investor Services business within Citi’s Markets & Securities Services, a business unit of Citi’s Institutional Clients Group. Cititrust is the provider of trustee services to a number of Mandatory Provident Fund constituent funds, Approved Pooled Investment Funds, Exchange Traded Funds and SFC-authorised unit trusts in Hong Kong.  As Senior Advisor for Citi Investor Services, he assists the business to develop new initiatives and grow its client-base and reach across Asia Pacific, advising clients outside Asia on accessing the region. He also leads the production of “thought leadership” pieces relevant to the fund management industry. Stewart joined Citi in August 2011 and brings with him a wealth of experience from previous senior business development and leadership roles in managing traditional mutual funds, hedge and alternative investment funds, structured products and Exchange Traded Funds.  A veteran with deep knowledge of the Asia Pacific funds industry, Stewart has been based in Hong Kong since 1985.  He has been a full member of the Hong Kong Securities Institute since 1999 and has been a Type 9 Licensed Representative and Type 4 Responsible Officer under the Hong Kong Securities and Futures Commission. Stewart has over the years held various memberships with the Hong Kong Securities Institute Education and Seminars Committee, AIMA Hong Kong Education Committee and Chapter Executive Committee, as well as the Hong Kong Investment Funds Association Executive Committee.  
09.15-09.35

A conversation with our partner associations: NICSA (USA) and HKIFA (Hong Kong)


09.50-10.35

Spreading the investment funds gospel: Market and regulatory developments in key regions and jurisdictions

Regulatory reforms and internationalisation of markets offer new opportunities for fund distribution. An overview of what is in the pipeline in Asia, Brazil, Canada, South Africa and Australia

  • Wendy Phillis

    Wendy Phillis Managing Director, Governance & Regulatory Solutions, Europe and Asia-Pacific RBC Investor & Treasury Services

  • Stewart Aldcroft

    Stewart Aldcroft Chairman Cititrust Limited, Managing Director and Senior Advisor, Citi Markets & Securities Services

  • Carlos Andre

    Carlos Andre Managing Director, BB Asset Management & Senior Vice President ANBIMA


11.05-11.50

Please show me your passport

Today, there are 3 existing fund recognition/passport schemes in the Asia Pacific region. Latin America is now gearing towards joining the fund passport band wagon as well. What can we learn from these “glocal” passport business cases?

  • A reality check and current state on the Asian passports
  • The ‘LATAM passport’ and state of play for the region’s fund industries
  • What are the main challenges when rethinking a region/country’s fund footprint
  • Stewart Aldcroft

    Stewart Aldcroft Chairman Cititrust Limited, Managing Director and Senior Advisor, Citi Markets & Securities Services

  • Yoshio Okubo

    Yoshio Okubo Vice Chairman Japan Investment Trust Association (JITA)

  • Cedric Tang

    Cedric Tang Executive Director, APAC & Australia Client Coverage MSCI


11.50-12.10

Can we wrap it up now? So - Where is global distribution really going…?

An open discussion with Richard Garland who tells it like it is, on the outlook for global distribution


Master Class - sponsored and presented by Citi

David versus Goliath – the battle for Asian distribution. Are the global giants dominant ?

A deep dive into the dynamics of Asian distribution. What’s the winning strategy for distribution in Asia? Is it performance? Is it the fund domicile? What’s selling and why? Who holds the best cards for future growth in Asia : Asian passported funds and UCITS?

Stewart Aldcroft, Cititrust Limited, Managing Director and
Senior Advisor, Citi Markets & Securities Services
Jervis Smith, Managing Director, Citibank Europe plc, Luxembourg Branch

  • Stewart Aldcroft

    Stewart Aldcroft Chairman Cititrust Limited, Managing Director and Senior Advisor, Citi Markets & Securities Services

  • Jervis Smith

    Jervis Smith Managing Director Citibank Europe plc, Luxembourg Branch


15.15-16.00

A Fireside chat – Europe 2.0 and the rest of the world

The changing face of Europe and the world with Brexit, the rise of populism, an enduring low-interest environment, the threat of climate change, changing investor demand…What are the impacts of major geopolitical and macroeconomics trends on our daily business? Is the core role of asset management changing? Leading political and AM public policy figures tell their stories, discussing their views on the current and future state of Europe.


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