Conference program. I helped secure speakers and run the event on the day

1. 5th Annual PortfolioConstruction Conference
Pillars for building better quality
investor portfolios...
If your role includes designing, building or managing investment
portfolios – or you’ve a professional responsibility to understand
how others do – we invite you to the PortfolioConstruction Conference
23 – 24 August 2006 | AJC Convention Centre, Randwick, Sydney
Official Publications:

2. PortfolioConstruction Journal
The quarterly PortfolioConstruction Journal is for those who
are interested in understanding and debating research on
contemporary and emerging portfolio construction
issues. It contains thought-leading analytical papers and
opinions from a range of expert contributors. It stands
alone between the ‘newsy’ positioning of the various trade
publications, and the ‘Greek alphabet’ extreme of the
academic titles. It is not a light read – much of the material
benefits from several readings, so it’s published quarterly.
The Journal is sent on a complimentary basis to selected
portfolio construction decision-makers – Australian dealer
group principals, paraplanners, CFPs, public research house
analysts, fund-of-fund researchers, super fund trustees,
super fund execs, asset consultants and manage-the-manager
portfolio analysts/managers.
PortfolioConstruction.com.au
PortfolioConstruction.com.au is the info and tools ‘hub’
of our service, where our Members can access copies of
the PortfolioConstruction Journal, PortfolioConstruction
Conference proceedings, and specialist tools to
build quality investor portfolios. All our info
and tools are carefully researched and selected by the
PortfolioConstruction Forum team as among the best
available from the plethora in the market. Some tools are
free to members, others are available by subscription only.
Each is conveniently categorised, and complemented by our
regular Portfolio Pickings email.
• ThinkGlobalBRICStudyTours
• farrelly’sInvestmentStrategyHandbook
• DIRECTINVESTING
• BobDownUnder
• PortfolioConstructionAcademicRoundup
• PortfolioConstructionMasterclass
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About PortfolioConstruction Forum...
Presenting leading and emerging info and tools to help those who design, build and manage quality
investment portfolios, PortfolioConstruction Forum has three integrated pillars

3. “Quality and diversity of views was
outstanding.”
“No doubt, this is the best available
conference for those grappling with day-to-
day portfolio construction issues.”
“The conference is genuinely about portfolio
construction and not a guise for product
pushing.”
“This was one of the best and most useful
conferences that I have attended for quite
some time.”
“Like good wine, the Conference gets better
each year! Excellent investment of my time.”
“Best industry conference I have been to. I
didn’t expect to last through two ten-hour
days but it remained interesting throughout.”
“The best conference I have been to. It
provided a very professional overview of the
issues we need to be addressing in portfolios.”
“I found it very enlightening and many of the
speakers gave me plenty of food for thought
on a different level to the usual daily grind.”
and the PortfolioConstruction Conference
“Our independent program will
challenge your thinking about
how to design, manage and
build investor portfolios.”
In an industry awash with conferences, the annual two-day PortfolioConstruction Conference has
earned a reputation as THE investment conference of the year...
DEIRDRE KEOWN
Managing Editor & Producer
GRAHAM RICH
Publisher

4. A singular focus & firm emphasis on substance
The PortfolioConstruction Conference program is focused
solely on contemporary and emerging portfolio construction
issues. It’s a cram-packed, marathon two days with 31
quality sessions and more than 40 carefully selected, local
and international portfolio experts presenting, interspersed
with interactive discussion and Q&A. Our commitment to
quality content has earned us a terrific CPD history:
2005 16.5 points 2004 14.0 points
2003 13.0 points 2002 13.0 points
Neither‘retail’nor‘wholesale’
PortfolioConstruction Conference is for anyone responsible
for designing, building or managing investment portfolios
(or understanding how others do this) – dealer group
principals and researchers, paraplanners, CFPs, investment
advisers, research house analysts and asset consultants,
MTM analysts, and super fund trustees and executives.
A totally independent plenary program
We have a core, independent 13-hour plenary program over
the two days, designed by the PortfolioConstruction Forum’s
specialist, experienced and independent team. We select our
plenary speakers based solely on their portfolio expertise
(not the size of their wallets! None of our plenary speakers
pay to speak). And, rather than accept our presenters’
views at face value, they’re challenged by other portfolio
experts – our Inquisitors – who lead the Q&A time, asking
presenters to clarify points that were not made clearly,
defend implicit assumptions, and clarify how delegates can
actually implement the ideas at hand.
Our unique Due Diligence Forum
Twice a day for 45 minutes each time, we split out into five
concurrent streams – providing a total of 20 “Due Diligence
Forum” sessions. These are designed to cover a wide range of
portfolio construction topics and each delivers on a research
paper developed specifically for Conference by our carefully
selected Conference Partners (organisations we’ve chosen for
their commitment to thought leadership, and innovative,
high quality product solutions). We vet and edit all research
papers to ensure they will genuinely add value to delegates’
portfolio construction knowledge. And then, each day we
have a 45 minute “Best of” timeslot where we repeat the five
Due Diligence Forum sessions rated most highly by delegates
from the ten sessions run that morning – giving you the
opportunity to hear another great session.
Unequalled value for money
Unlike many conferences, we keep our Practitioner Delegate
fee to a very reasonable $595+GST (Early Bird) and our
2005 delegates receive a special $495+GST rate – both rates
include your Conference dinner ticket. Plus, we include 1
year’s subscription to the PortfolioConstruction Journal, and
access to PortfolioConstruction.com.au
Why is it unique?
Neither‘retail’nor‘wholesale’, PortfolioConstruction Conference is like no other conference you’ll
have been to...

5. 10 new features in 2006...
Speaker papers (in advance!)
Our plenary speakers will focus on delivering a paper
developed for Conference (not the Greek alphabet type
– more like what you’re used to seeing in the
PortfolioConstruction Journal). Papers will be available a
week prior to Conference on PortfolioConstruction.com.au
More focus on implementation than ever
All plenary speakers’ papers and presentations will address
how Practitioner Delegates can apply the ideas discussed
in portfolios. Plus, our program includes a one-hour
Implementation Workshop to ensure Delegates take away a
clear understanding of how to apply what’s discussed.
More Q&A time than ever
Our program allows for longer Q&A than ever, to ensure our
Inquisitors and Practitioner Delegates can tease out issues
that have not been addressed adequately by speakers.
Practitioner representatives as Inquisitors
Our 2006 Inquistors’ Panel includes a large dealer group
researcher, a boutique dealer group principal/researcher, an
MTM portfolio analyst, and other types of Practitioners,
working alongside our chief Inquisitor, Tim Farrelly.
Post-Conference Workshop – a taste of BRIC China
We’re hosting a half-day Post-Conference Workshop (Friday
25 August). The focus is on China – see page 14.
Improved plenary venue
We’re back to AJC Convention Centre, but plenary sessions
are in a more comfortable facility within the Centre.
Improved Gizmos
Our interactive Gizmo feedback technology returns, with
updated functionality to provide better instant feedback
during Conference and quicker analysis post Conference.
A sound research focus
The focus of the Due Diligence Forums is on pre-approved
(by us!) and pre-published research papers written by our
Partners. Like ‘normal’ Journal papers, they’re thought-
leading, thought-provoking, research-based analytical pieces.
Papers will be available a week prior to Conference via the
Delegates-only area on PortfolioConstruction.com.au
A‘best of’Due Diligence Forum
Delegates will rate the two Due Diligence Forum sessions
they attend each morning. The five most highly rated each
day will be repeated in a ‘Best of’ timeslot that afternoon.
Conference dinner (Wednesday 23 August)
For the first time, we’re hosting a Conference Dinner. The
aim is to allow Delegates to further with our speakers. Held
at the AJC (no travel required!), it features a particularly
entertaining after-dinner speaker – see page 15.
Why change anything? Because we ask for – and listen to! – feedback from our
Practitioner Delegates as how we can improve the program...
New
in
2006
Brought to you by

6. This year’s keynote speakers and plenary sessions...
This year, we again bring you keynote speakers from around the globe...
KEN SOLOW
Chief Investment Officer | Pinnacle Advisory Group
DR XISU WANG
Professor and consultant
“I’vebeenthinkingabout...therealChina
–past,presentandfuture–andthe
keyrisks.”
Arguably the most immediately
important of the four BRIC
economies from the perspective
of those building an Australian investor’s portfolio is
China. We’ve asked Xisu to give an insider’s perspective
on China’s key social issues and challenges and the role,
attitudes and likely reactions of China’s leaders...
DrXisuWangisremarkable.Helivedhisearlylifeundertheshadowofthe
thennewChairmanMaoandCommunistChina.Asayoungman,hewasthe
firststudentfrommainlandChinatocompletepostgraduatestudiesinthe
US,earningaPhDatHarvard,followedbyanMBAatMIT.ReturningtoChina
inthelate1980s,heconsultedtothefirstwesterncompaniestoestablishin
China.It’sveryraretomeetsuchanauthorityontheevolutionandfutureof
China’splaceintheworldtoday,fromtheinsideoutandtheoutsidein.
US CHINA
“I’ve been thinking about... emerging
trends in portfolio construction”
Ken comes highly recommended
from our US associate, Bob Veres.
In Bob’s words, “Ken is the CIO
of a VERY smart private client
advisory firm. He can give a comprehensive view of the
investment challenges and opportunities that one of the
best US investment advisory firms is looking at... what
they know, what they wish they knew, the options...”
KenSolowisafoundingpartnerofPinnacleAdvisoryGroup,aprivatewealth
managementfirmfocusingonaffluentclients.AsCIO,hehaspresided
overthefirm’stransitiontoactiveinvestmentmanagementstrategies.His
uniqueviewshavebeenpublishedinFinancialPlanningMagazineandinthe
prestigiousJournalofFinancialPlanning.Kenisasought-afterspeakeron
activemanagementstrategiesintheUSinvestmentadvisorycommunity.He
holdstheCFP,CLU,andChFCdesignations.
DR DON STAMMER
Independent Economist & Chairman, Praemium Ltd
“I’ve been thinking about... the potential
of the BRIC economies and their impact on
our local economy and market”
One of the greatest influences on
portfolio construction over the
coming years will be the emergence
of the BRIC economies – Brazil, Russia, India and China.
We’ve asked Don to review the BRIC economies, their
medium- to long-term potential relative to other markets,
and impact on the Australian economy and markets.
DrDonStammerisoneofAustralia’sbest-knowneconomists.In 2001,he
retiredfromDeutscheBankAustraliaafter20yearsaschiefeconomist. He
hasheldseniorpositionswiththeRBAandtaughteconomicsandfinance
atANU.Henowfocusesonvariousindependentboardroles,including
non-executiveChairmanofPraemium,providerofonlineshareportfolio
managementservices.HechairstheAustraliaKoreaFoundation,setupby
theGovernmenttoimproveunderstandingbetweenAustraliaandKorea.
AUS

7. DR STEPHEN WOOD
Portfolio Strategist | Russell Investment Group
“I’vebeenthinkingabout...issuesrelatedto
implementingBRICinaportfolio”
We’ve asked Steve to cover the gamet
of issues related to implementing
BRIC in a portfolio. What value
does BRIC add? Why not just leave
it to your global equity or emerging markets manager?
What allocation is appropriate? What types of portfolios is
a BRIC allocation suitable for? What are the pros and cons
of allocating to BRIC versus to individual BRIC regions?
DrStephenWood conducts research on the economy, capital markets,
portfolio strategies and investor behavior. Prior to joining Russell in 2005,
he was as a senior portfolio strategist with institutional investment clients,
gained significant experience with high net worth clients as vice president
with Fisher Investments’private client group, and was a senior equity
portfolio strategist at Alliance-Bernstein. Before entering financial services ,
he had extensive academic experience and was a professor in the 1990s.
PETER MILLAR
Founder & CIO | Valu-Trac
US UK
“I’vebeenthinkingabout...whycountryIS
relevantwhendesigningandmanaginga
globalequitiesportfolio.”
Why it is NOT correct to take the
traditional approach of ignoring
country analysis in favour of a
sector only (thematic) or stock selection only approach,
when designing your global equities portfolios.
PeterMillar,CA,ASIP,overseesallaspectsofValu-Trac’soperation.Basedin
Scotland,hebothrunsValu-TracandalsooverseestheResearchoperation.
ResearchintotheValu-Tracprocessesandintopotentialenhancementsis
anon-goingeffortbytheResearchteaminScotlandaswellaswithPeter
HartinLondon.TheglobalsaleofValu-Trac’sResearchproductisundertaken
exclusivelybyNewYork-basedISIGroup,oneofthelargestindependent
brokinggroupsintheUSrunbyEdHyman,atoprankedeconomist.
ROSS DAWSON
Futurist
AUS
“I’vebeenthinkingabout...whereto
fromhere”
After 13 hours of plenary sessions,
and 4.5 hours of Due Diligence
Forums focused on the nitty gritty
of portfolio construction, Ross will
pull us back up to the really big picture, looking ahead 10
to 20 years, and identifying the big trends that will affect
the way we build portfolios...
RossDawsonisaworld-renownedfuturist,author,speaker,andCEOof
internationalconsultingfirmAdvancedHumanTechnologies.Basedin
Sydney,hisnumerousspeakingengagementscoveredfivecontinentsinthe
lastyear.PriortoestablishingAHTin1996,RossworkedinLondonasGlobal
Director-CapitalMarketsatThomsonFinancial,inTokyoasAsianDirector-
CapitalMarkets,ininternationalstockbrokingwithMerrillLynch.Hehas
livedandtraveledoverseasforoverhalfhislife,andspeaksfivelanguages.

8. This year’s keynote speakers and plenary sessions (continued)
... including some home-grown talent!
TIM FARRELLY
Principal | farrelly’s
“I’ve been thinking about... why and how
you CAN do your own regional tilts”
Research houses have traditionally
shied away from providing
subscribers with methodologies
and asset allocation models
encorporating regional tilts – until now. We’ve asked Tim
to present a robust methodology to do just that!
TimFarrellyisoneofAustralasia’sforemostexpertsonassetallocation.In
2004,heestablishedfarrelly’s,thefirst(andstilltheonly)researchhouse
dedicatedsolelytoassetallocationresearchinAustralasia.Priortothis,he
wasanExecutiveDirectorofMacquarieBankLtd,andDirectorofMacquarie
InvestmentManagementLtd.HesatontheAssetAllocationandRisk
Committees,andwasresponsiblefordistributionoftheBank’sproducts
viaindependentfinancialplannersandstockbrokers.TimhasaMBA
(Distinction)fromHarvardBusinessSchoolandaBachelorofEngineering
(Met).HeisamemberofthePortfolioConstructionJournalEditorialBoard.
GREGORY SMITH
CIO | Global Commodities
“I’ve been thinking about... what to do
about commodities”
Our first “hotspot” discussion
kicks off with a 15 minute keynote
from Greg on the outlook for
commodities. Then, our research
panel members explain whether and how they implement
commodities in portfolios.
GregSmithhasover25year’sexperienceinthecommoditiesmarkets.
HeisCIOofGlobalCommoditiesLtd,anAustralian-basedhedgefund
whichheestablishedinDecember2004.ThefirmhasofficesinAustralia
andSingapore,andusesaquant-basedinvestmentmodel(anindex
enhancementmethodologyutilisingfuturesandoptionstrategies)
developedandappliedinthecommodityfuturesmarketsforover15years.
ResearchPanelMembers
SidneyChong|SeniorAssociate|MercerInvestmentConsulting
AngelaAshton|ManagerManagedInvestmentResearch|IWLLimited
DAVID BELL
Head of Hedge Funds | Colonial First State
“I’ve been thinking about... what to do
about hedge funds”
Hedge funds returned just 3.0% in
the first six months of 2006*. Our
second “hotspot” kicks off with a
keynote from David on the outlook
for hedge funds. Then our research panel will explain
whether and how they use hedge funds in portfolios.
DavidBellisresponsibleforallaspectsofColonialFirstState’shedgefund
business,includinginvestmentmanagement,managingthehedgefund
analysts,andmanagingtherelationshipwiththeconsultant.Hehas
beenwiththehedgefundsteamsinceitsinception,startingasaSenior
InvestmentAnalystandthenasInvestmentDirector.Priortothis,David
gainedexperienceacrossinvestmentmanagementandtreasurybusinesses.
ResearchPanelMembers
AmandaGillespie|HeadofInvestmentConsulting|Lonsec
RobertGraham-Smith|InvestmentSpecialist|SelectAssetManagement
* HFRX Global Hedge Fund Index

9. Introducing this year’s Inquisitors
Our Inquisitors
lead our Q&A time,
representing
Delegates by asking
presenters to clarify
points that are not
made clearly, defend
implicit assumptions,
and clarify how
delegates can
actually implement
the ideas being
discussed.
Rather than accept our presenters’views at face value, they’re challenged by our Inquisitors...
CHIEF INQUISITOR
Tim Farrelly | Principal | farrelly’s
GUEST INQUISITORS
Angela Ashton | General Manager – Managed Investment Research | IWL
Will Burkitt | Head of Investment Research | Skandia
Emmanuel Calligeris | CIO | Optimix
Jody Fitzgerald | Investment Research Manager | Skandia
Amanda Gillespie | Head of Investment Consulting | Lonsec
Robert Graham-Smith | Investment Specialist | Select Asset Management
Darren Howlin | National Research Manager | Professional Investment Services
Jim Kilkenny | Director | Kilkenny Rose & Associates
Dr Jerome Lander | Head of Research | Van Eyk
Stephen van Eyk | Managing Director | Van Eyk
Lucas Weatherill | Head of Strategic Solutions , Asia | Schroders

10. Day 1 – Wednesday 23 August 2006
7.30am Registration Arrival, collect Conference packs, take a seat
8.30am Keynote
Plenary
Portfolios “I’ve been thinking about... emerging trends in portfolio construction”
KenSolow | ChiefInvestmentOfficer | PinnacleAdvisoryGroup | MarylandUSA
10.30am Morning tea in the PortfolioConstruction Café
11.15am Due Diligence
Forum 1
Breakout
Of Interest Made your money in equities? Keep your money in bonds! PeterDorrian | SeniorVicePresident | PIMCO
Getting Real Listed property sector – Has been or hot property? SimonHedger | Co-PortfolioManager,PropertySecurities | PrincipalGlobalInvestors
Taking Stock (Australia) Resources: Should I still be listening? DavidWhitten | HeadOfGlobalResources | ColonialFirstState
Taking Stock (Intl Diversified) Global investing in the new world BillBarbour | Director,InvestmentSpecialist | DeutscheAssetManagement
Alternatively The role of infrastructure in an alternatives portfolio SteveBickerton | HeadofInfrastructure | ChallengerFinancialServices
12.00pm On the move
12.10pm Due Diligence
Forum 2
Breakout
Of Interest International bond diversification – still the right strategy? RogerBridges | AustralianBondManager | Tyndall
Getting Real Hooray for global listed property but where does it fit? RichardShields | SeniorInvestmentAdvisor,Property | AMPCapitalInvestors
Taking Stock (Intl Diversified) Global equity investing reassessed LucasWeatherill | HeadofStrategicSolutions,Asia | Schroders
Taking Stock (Intl Specialty) Impactofemergingmarketsinthesearchforglobalalpha PedroMarcal | SnrVP/PortMgr,GlobalEq | NicholasApplegate/AllianzGlobalInvestors
Alternatively Globalcommodities–capturingtheboomwithoutthebust BrettDobeson | AssocDirector | GoldLink

11. 12.55pm Lunch in the PortfolioConstruction Café
2.05pm
‘Best of’Due Diligence Forum
Breakout
During lunch, Practitioner Delegates will rate the two sessions they attended prior to lunch.The five most highly rated will be repeated
in our‘Best of’Due Diligence Forum.
2.50pm On the move
3.00pm Keynote
Plenary
Markets “I’ve been thinking about... the potential of the BRIC economies and their impact on our local economy and market”
DonStammer | IndependentEconomist&Chairman,PraemiumLtd | Sydney,Australia
4.10pm Keynote
Plenary
Markets “I’ve been thinking about... the real China – past, present and future – and the key risks.”
XisuWang | Professor&Consultant
5.15pm Keynote
Plenary
Portfolios “I’ve been thinking about... issues related to implementing BRIC in a portfolio”
DrStephenWood | PortfolioStrategist | RussellInvestmentGroup | NewYork,USA
6.30pm
Cocktail Reception in the
PortfolioConstruction Café
Join all our presenters, and your fellow delegates for a relaxed drink and networking opportunity at the end of a hard day’s work
7.45pm PortfolioConstruction Dinner
Featuring our after-dinner speaker addressing “I’ve been thinking about... how we behave as investors”
MikeMaster | BehaviouralSpecialist&Hypnotist |Auckland,NewZealand
10.30pm Day One finishes
For full details, go to www.PortfolioConstruction.com.au/conference

12. Day 2 – Thursday 24 August 2006
7.30am Breakfast
briefing
Parameters The changing face of our seniors in our society – issues and opportunites for the financial service industry.
BrianSweeney | Founder | SweeneyResearch –broughttoyoubyAustralianSeniorsFinance
8.15am On the move
8.30am Keynote
Plenary
Asset Allocation “I’ve been thinking about... why country IS relevant when designing and managing a global equities portfolio.”
PeterMillar | Founder&CIO | Valu-Trac |Scotland,UK
9.25am Keynote
Plenary
Asset Allocation “I’ve been thinking about... why and how you CAN do your own regional tilts”
TimFarrelly | Principal | farrelly’s |Sydney,Australia
10.30am Morning tea in the PortfolioConstruction Café
11.15am Due Diligence
Forum 3
Breakout
Of Interest Credit Linked Assets - how to harness credit risk and deliver stable returns for investors PeterLucas | ExecutiveDirector | MacquarieBank
Getting Real Getting real about property investing SeanMurray | HeadofPropertySecurities | Perpetual
Taking Stock (Australia) The benefits of a high conviction approach PeterGunning | InvestmentStrategist | RussellInvestmentGroup
Taking Stock (Intl Diversified) It’s all about the way you build it! MichaelPrice | DirectorofInvestmentProcess&QuantitativeServices | INGInvestmentManagement
Taking Stock (Intl Specialty) India – all the Raj AdrianLim | InvestmentManager | AberdeenAssetManagement
12.00pm On the move

13. 12.10pm Due Diligence
Forum 4
Breakout
Of Interest Hybrids – why you are getting overpaid to invest CampbellDawson | ManagingDirector | ElstreeInvestmentManagement
Taking Stock (Australia) Know your style: capacity in the Australian equity market SimonElimelakh | HeadofQuantitativeAnalysis | BTFinancialGroup
Taking Stock (Intl Diversified) How to enhance returns by systematically allocating towards high intrinsic value TomCottam | Chairman&InvDir | IntrinsicValueInvestments
Taking Stock (Intl Specialty) An insider’s perspective on China’s view of the world DrXisuWang | Professor&Consultant –broughttoyoubyFidelityInternational
Alternatively Hedge funds in a modern portfolio PatrickTuohy | HeadoftheAlternativeFundsGroup,Asia | HSBCPrivateBank
12.55pm Lunch in the PortfolioConstruction Café
1.55pm ‘Best of’Due Diligence Forum
Breakout
During lunch, Practitioner Delegates will have rated the two sessions they attended prior to lunch.The five most highly rated will be
repeated in our‘Best of’Due Diligence Forum.
2.40pm On the move
2.50pm Workshop
Plenary
Portfolios Portfolio Hotspot“I’ve been thinking about... what to do about commodities” Keynote:GregorySmith | CIO | GlobalCommodities
ResearchPanel:SidneyChong | SnrAssociate | MercerInvestmentConsulting & AngelaAshton|Manager–ManagedInvResearch | IWL
3.40pm Workshop
Plenary
Portfolios Portfolio Hotspot“I’ve been thinking about... what to do about hedge funds” Keynote:DavidBell | HeadofHedgeFunds | ColonialFirstState
ResearchPanel:AmandaGillespie | HeadofInvConsulting | Lonsec & RobertGraham-Smith | InvestmentSpecialist | SelectAssetManagement
4.25pm Workshop
Plenary
Portfolios “I’ve been thinking about... my key takeouts”
TimFarrelly | Principal | farrelly’s & JimKilkenny | ManagingDirector | KilkennyRose&Assoc & DarrenHowlin | NtlResearchManager | PIS
5.15pm Keynote
Plenary
Parameters “I’ve been thinking about... where to from here”
RossDawson | Futurist
6.00pm Conference Concludes
For full details, go to www.PortfolioConstruction.com.au/conference

14. – PRESENTED BY –
– IN PARTNERSHIP WITH –
A taste of BRIC Study Tour - China
POST-CONFERENCE WORKSHOP (1/2 day)
8.30am – 12.30pm 25 August 2006 | AGSM CBD Campus, 1 O’Connell St, Sydney
– BROUGHT TO YOU BY –
If your professional advice incorporates having an opinion on global investment markets, a perspective on emerging markets and a
view on China’s impact – but you haven’t yet been able to attend a BRIC Study Tour – don’t miss our Post-Conference Workshop...
China’s integration with the world
economy
LucasWeatherill | Head of Strategic
Solutions, Asia – Schroders
Originally presented to Study Tour delegates
in Beijing, this was voted one the standouts.
Lucas will discuss China’s growth in the
context of global growth, its key economic
drivers, what China buys and sells, and the go
forward – China’s priorities and global impact.
An insider’s perspective on China
XisuWang | Professor & Consultant
Xisu will give his unique perspectives on how the
attitudes of the Chinese people will affect economic
growth and Chinese views on globalisation, foreign
investment, power/authority, business ethics,
intellectual property, money, work, gender, privacy,
the law and individualism/collectivism.
Portfolio implementation issues and
conclusions
Graham Rich | Publisher
PortfolioConstruction Forum
When all is said and done – how does all this
affect the portfolios you build for clients?
Graham will overview the key implementation
issues and conclusions reached at the post-Tour
Implementation Workshop held in May for
delegates on the March 2006 BRIC Study Tour.
For full details, go to www.PortfolioConstruction.com.au/ conference

15. About brillient!
birthday celebration dinner
PortfolioConstruction Dinner
On-site at the AJC Convention Centre – Pavilion Stand
Wednesday 23 August @ 7.45pm (following Cocktail Reception in the PortfolioConstruction Café)
In response to feedback from Delegates, and to celebrate our 5th PortfolioConstruction Conference, this year
we’re hosting our first PortfolioConstruction Dinner, immediately following our traditional Cocktail Reception.
You’ll get the opportunity to further interact with our speakers and other practitioners, as well as enjoying an
outstanding and entertaining after-dinner presentation.
Featuring... Mike Masters, Behavioral Specialist and Hypnotist
“I’ve been thinking about... how we behave as investors” – Mike will deliver a light-hearted take on the
theories of behavioural finance – we guarantee you’ll never forget them!

16. Mr / Mrs / Ms
First name Surname
Company:
Position: Phone: Mobile:
Email:
Postal:
State: Postcode:
 *Practitioner – please specify
 Accountant
 Financial adviser
 Dealer group researcher
 Dealer group principal
 Paraplanner
 Research house analyst
 Platform research analyst
 Super fund trustee
 Super fund executive
 Asset consultant
 MTM portfolio maanager/analyst
 Non-Practitioner – please specify
 Investment product sales/marketing
 Software vendor
 Platform sales/marketing
 Research sales/marketing
 Super fund sales/marketing
 Asset consultant sales/marketing
 Media – complimentary
 Other – please describe
 Credit card [please complete your details below]  Cheque enclosed
Please debit my:  MasterCard  Visa  Amex  Bankcard
for a total of A$ (inc.GST)
Card Number:
Expiry date:
Name on card:
Signature:
Once payment processed, a confirmation and tax invoice will be sent for your records.
YOUR ROLE [Please tick an option]
3 easy ways to register | Register online at www.PortfolioConstruction.com.au/conference | Fax this form to +61 2 8221 9448 | Post to PO Box R923, Royal Exchange, NSW 1225 [Please copy this form for multiple fax or postal registrations.]
REGISTRATION FORM – PortfolioConstruction Conference 2006
Practitioners (defined in“Your Role”) $ (ex GST) Total $(inc GST)
Early Bird (register by 31 July 2006)
 2005 delegate $495.00 ea $544.50 ea
 non-2005 delegate $595.00 ea $654.50 ea
Standard (register after 31 July 2006)
 2005 delegate $595.00 ea $654.50 ea
 non-2005 delegate $695.00 ea $764.50 ea
+ Post-ConferenceWorkshop (optional extra)
 non-2005 delegate $150.00 ea $165.00 ea
Non-Practitioners ( defined in“Your Role”)
 Early Bird (register by 31 July 2006) $2,495.00 ea $2,744.50 ea
 Standard (register after 31 July 2006) $2,995.00 ea $3,294.50 ea
Note, by submitting your registration, you acknowledge that you have read theTerms & Conditions on this page, and agree to be bound by them.
YOUR DETAILS [Please write in block capitals so we get the spelling right, particularly for your name and email]REGISTRATION TYPE [Please tick option, insert quantity and totals]
PAYMENT OPTIONS
The Publisher reserves the right to determine the appropriate registration fee. | Practitioner registration
includes 1 registration at the 2006 PortfolioConstruction Conference (both conference days, morning tea, lunch
and afternoon tea on both days and cocktails on Day 1), 1 year’s subscription to PortfolioConstruction Journal, and 1
year’saccesstoPortfolioConstruction.com.auPLUS1ticketforthePortfolioConstructionConferenceDinner23August
2006 | Non-Practitioner registration includes 1 registration at the 2006 PortfolioConstruction Conference (both
conference days, morning tea, lunch and afternoon tea on both days and cocktails on Day 1), and 1 year’s access
to PortfolioConstruction.com.au PLUS 1 ticket for the PortfolioConstruction Conference Dinner 23 August 2006.
| Workshop registration includes 1 registration at the Post-Conference Workshop (1/2 day on 25 August 2006
includingmorningtea.) | CancellationsOnceyourpaymenthasbeenreceivedyourplaceisautomaticallyreserved.
Shouldyoubeunabletoattend,asubstitutedelegateiswelcomeatnoextracharge.Alternatively,afullrefundlessa
$85.00(inc.GST)servicechargewillbemadeforcancellationsreceivedinwritinguptotwoweekspriortotheevent.A
50%refundwillbesentforcancellationsreceivedfrom2weekstooneweekpriortotheevent.Regrettablynorefunds
can be made less than 7 days prior to the event. The Publisher reserves the right to cancel or reschedule its events
or change presenters or the program without notification. | Privacy The information we collect about you will be
heldbyBrillientPtyLtd,publishersofPortfolioConstructionForum.Wemaydisclosesomeofyourinformationtoour
ConferencePartners.Fromtimetotime,brillient!maysendyounewsandinformationaboutotherevents/conferences/
publications.PleasetickhereifyouDONOTwishtoreceivethese. 