Takashi Hibino
									President, Daiwa Securities Co. Ltd.
Phillip Apel
					Head of Fixed Income, Henderson Global Investors
					David Riley
					Head of Credit Strategy, BlueBay
					Michael Moran
					Chief Economist, Daiwa Capital Markets America
					Chris Scicluna
					Head of Economic Research, Daiwa Capital Markets Europe
					Grant Lewis (moderator)
					Head of Research, Daiwa Capital Markets Europe











