In the mood for loans The keys to discover five new asset classes

Société Générale Corporate & Investment Banking is delighted to invite you to their "In the Mood for Loans" research presentations in Munich, Duesseldorf and Cologne.

Following the recent publication of our flagship report "In the Mood for Loans", our expert Mr. Philippe Ferreira will share with you one of his key convictions for the years to come: the role - and investment opportunities - for asset managers in financing the real economy. The asset management industry is actually about to experience another shake-up, as the investment universe expands to include new asset classes that involve direct loans to the economy.

This presentation provides an insight into a new world of unlisted assets. Just as there is a market for private equity (unlisted shares), a market for private bonds and loans is developing as a result of the current large-scale disintermediation process. The presentation will cover issues arising from macroeconomic disintermediation in the US and Europe, and will also take a microeconomic view by looking at following specific asset classes within the universe of loans:

• Guaranteed loans to exporters
• European commercial real-estate loans
• Energy-related project finance loans
• Transport-related project finance loans
• Loans to small and medium sized businesses: the French example & European leveraged loans

Munich, Monday July 1st

11.30 – 11.45am	Welcome
11.45 – 12.45pm	In the mood for loans Philippe Ferreira, Senior Strategist – Global Asset Allocation
from 12.45pm	Lunch

Duesseldorf, Tuesday July 2nd

11.30 – 11.45am	Welcome
11.45 – 12.45pm	In the mood for loans Philippe Ferreira, Senior Strategist – Global Asset Allocation
from 12.45pm	Lunch

Cologne, Tuesday July 2nd

16.00 – 16.15am	Welcome
16.15 – 17.15pm	In the mood for loans Philippe Ferreira, Senior Strategist – Global Asset Allocation
from 17.15pm	Wine degustation and canapés