TEXAS The Texas Association of Public Employee Retirement Systems
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2008 Annual Conference Agenda


Saturday, March 15

Noon-3 P.M.

Trustee Workshop: Hedge Funds
Eddie Guerra, Milliman

Sunday, March 16

11:30 A.M. Legislative-Resolutions & Credentials Committees Meetings (Committee Members Only)
12:00-1:15 Registration for Delegates
1:30 P.M. Members Annual Business Meetings (Plan Sponsors Only)
2:00-6:00    Conference Registration
4:30-6:30 Welcoming Reception

Monday, March 17

7:00 A.M. Registration
6:30-8:00 Buffet Breakfast
8:00-8:20 Opening Ceremony
8:20-8:50 New Evidence in the Active-Passive Debate
Craig Callahan, ICON Advisers
8:50-9:20 Emerging & Frontier Markets: Capturing Long Term Growth
David Stein, Eaton Vance
9:20-9:50 International Investing - World of Opportunities
Paul Rogge, Rogge Capital Managment
10:20-10:50 Brokerage Costs & Conflicts
David Bergman,Global Transition Solutions
10:50-11:20 Hedge Fund Beta - Another Alternative
Eric Brandhorst, State Street Global Advisors
11:20-11:50 Transparency & Risk Management in Hedge Funds of Funds
Leeor Farhadian, Entrust Capital Inc.
12-1:30 P.M. Luncheon: Global Challenges & Opportunities Facing the U.S.
Speaker: Ret. Admiral Bobby Inman
1:30-2:15 Globalization and Green Revolution in Real Estate
Nick Thompson, JanusINTECH Institutional Asset Management

Greg Hartch, GE Asset Management
2:15-2:45 Emerging Markets - How Far Can They Go?
John Guerard, McKinley Capital Managment
2:45-3:15 Understanding Global Infrastructure Investing
Kurt Wright, Quadrant Real Estate Advisors
3:30-4:00 Project Status of Infrastructure Investment Opportunities in Texas
John Munoz, Texas Department of Transportation
4:00-4:30 International Investing: Does Style Matter?
Stephen Dexter, Putnam Investments
4:30-5:00 Trends in Quantitative Management
Peter Millington, Pyramis Global Advisors
5:30-7:30 St. Patrick's Day Reception & Party
   

Tuesday, March 18

7:30 A.M. Registration
6:30-8:00 Buffet Breakfast
8:00-8:10 Recap of Monday Sessions
8:10-8:45 Emerging Market Debt
Christopher Dillon, T. Rowe Price & Associates, Inc.

Bret Rosen, PIMCO
8:45-9:15 Update on Securities Litigation, Today & the Future
G. Anthony (Tony) Gelderman, III,Bernstein Litowitz Berger & Grossman
9:15-9:45 Frontier Equity Investing
George Hoguet, State Street Global Advisors
10:00-10:30 Frontier Markets - Separating Wheat from Chaff
Corin Frost, Barclays Global
10:30-11:00 Emerging Market is Uniquely Structured & Not Over
Chris Swany, Fisher Investments
11:00-11:20 Comparative Markets
Jeff Cummer, SMH Capital Inc.
12:00 P.M. Golf Tournament and Lunch
Noon-3 P.M. Trustee Workshop: Advanced Bonds Workshop
Vicki L. Fuller & James Thyne, AllianceBernstein
6:00-7:00 Reception at Reatta
7:00-9:30 Dinner & Entertainment at Reatta

Wednesday, March 19

6:30-8:00 A.M.. Buffet Breakfast
8:00 Registration
8:15-9:15 Impact of Actuarial Audits on Public Pensions
9:15-10:00 Fiduciary Issues
Robert (Bob) Klausner, Klausner & Kaufman, P.A.
10:15-10:45 Significant Legislation/Issues Affecting Pensions
10:45-11:15 Review of New TEXPERS Website
Max Patterson, Executive Director, TEXPERS
11:15-11:45 A Review of the Asset Allocation and Investment Performance of Texas Public Employee Retirement Systems

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