Monocle 24: The Bulletin With Ubs

Paul Donovan, chief economist of UBS Global Wealth Management in London, joins the show to unpack his recent blog discussing corporate Pride. Corporate involvement in Pride events and rallies has long attracted controversy and enthusiasm in almost equal measure but as Paul explains, there are some differences in the tone and source of criticism this year.See omnystudio.com/listener for privacy information.

The first Future-Now Conference took place in Hong Kong last month, bringing together investors, founders, UBS specialists and companies to discuss current and future trends. In this edition, we hear from the keynote delivered by renowned futurist Azeem Azhar: ‘Four key themes for the exponential age’. Azhar is creator of the acclaimed Exponential View newsletter and the best-selling author of ‘Exponential: Order and Chaos in an Age of Accelerating Technology’.See omnystudio.com/listener for privacy information.

Earth Security founder and CEO Alejandro Litovsky is another of the inspirational thought-leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. Litovsky is joined at Monocle’s headquarters in Zürich by Tom Hall, global head of social impact and philanthropy at UBS, to discuss investing through a natural-asset lens.See omnystudio.com/listener for privacy information.

The annual UBS Reserve Management Seminar and its resulting survey provide one of the most authoritative depictions of official reserve management activities. This year’s research was conducted between April and June, collecting responses from nearly 40 central banks from all regions globally. What was discussed at the conference – and what can we learn from the freshly published survey? With UBS’s Massimiliano Castelli and professor Arturo Bris.See omnystudio.com/listener for privacy information.

Our panel from UBS Global Wealth Management’s chief investment office explains why we face a balancing act in the second half of the year. There’s a path for higher stocks but it is narrow: economic growth can neither be so strong as to force the US Federal Reserve into further hikes, nor be so weak as to drive fears of a recession. Our experts discuss what smart investors can do over the coming months. With Nadia Lovell, Kiran Ganesh and Paul Donovan.See omnystudio.com/listener for privacy information.

Carey Shuffman, head of UBS’s US women’s segment, guides us through the latest edition of the annual report that explores how women approach their financial wellbeing. Shuffman tells us how she and her colleagues compiled this year’s data, reveals some of its key findings and reminds us why a sharp focus on women’s financial participation remains as vital as ever.See omny.fm/listener for privacy information.

As Art Basel begins we are discussing this year’s Art Basel & UBS Global Art Market Report. It contains annual deep-dive research that provides a comprehensive, macroeconomic analysis of the state of the global art market. So what does the latest edition reveal? Find out with report author and Arts Economics founder Clare McAndrew, Marco Antonini from UBS Art Advisory and UBS chief economist Paul Donovan.See omnystudio.com/listener for privacy information.

This year’s edition of the UBS Global Family Office Report documents the findings of a survey of 230 single-family offices around the world. Max Kunkel, CIO for global family and institutional wealth within UBS Global Wealth Management, joins the programme to explain why family offices are planning a major shift in strategic asset allocation.See omnystudio.com/listener for privacy information.

Leslie Falconio and Tom McLoughlin from the UBS Wealth Management Chief Investment Office in the US join the programme to discuss the current crisis and consider the different pathways to resolution.See omnystudio.com/listener for privacy information.

We discuss the recent longer-term investment paper from UBS Global Wealth Management’s chief investment office, which is focused on the metaverse. Our panel explains that while the full realisation of the metaverse may take as long as a decade to occur, they expect iterative improvements in related infrastructure, AI and experiences over the next few years. With insights from the report’s lead authors Kevin Dennean, Michelle Laliberte and Antoinette Zuidweg.See omnystudio.com/listener for privacy information.

The second of a double bill exploring the impact economy. Prompted by a new white paper from The UBS Sustainability & Impact Institute, we discuss the most critical issues in sustainable finance today. The UBS S&I Forum was established last year to drive the discourse and today we meet one of its founding members, CEO of Conexus Financial, Fiona Reynolds. Plus: insights from UBS Global Wealth Management chief economist, Paul Donovan.See omnystudio.com/listener for privacy information.

The first of a double bill exploring the impact economy. Prompted by a new white paper from the UBS Sustainability and Impact Institute, we discuss the most critical issues in sustainable finance today. The UBS Sustainability and Impact Forum was established last year to drive the discourse and today we meet one of its founding members, Sir Partha Dasgupta, Professor Emeritus of Economics at the University of Cambridge. Much of Sir Partha’s celebrated research has covered ecological economics.See omnystudio.com/listener for privacy information.

Though not wholly immune to ongoing stresses in the global banking sector, emerging markets seem to be marching to a different beat. Alejo Czerwonko, chief investment officer emerging markets Americas at UBS, explains why and tells us what this means for portfolio positioning.See omnystudio.com/listener for privacy information.

Traditional equity-bond diversification failed to protect investors in 2022. Antoinette Zuidweg, alternative investment strategist at UBS Global Wealth Management, explains the role that alternatives can play in challenging times.See omnystudio.com/listener for privacy information.

Meet Kate Dooley, CEO of Education Partnerships and another of the inspirational thought-leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. In this special episode, Kate is joined by Tom Hall, global head of Social Impact and Philanthropy at UBS, to discuss the power of collective philanthropy at Monocle’s headquarters in Zürich.See omnystudio.com/listener for privacy information.

UBS Global Wealth Management chief economist Paul Donovan joins the show to discuss the challenge of navigating between reported data and economic reality. How do statisticians make sense of this? And what can smart investors do to ensure that their portfolios are positioned correctly?See omnystudio.com/listener for privacy information.

With inflection points in interest rates and economic growth ahead, staying focused on the long term, mitigating risks, managing opportunity costs and seizing attractive returns will be among the key challenges. So what should smart investors do?See omnystudio.com/listener for privacy information.

Global lead partner UBS has been celebrating the return of the fair with a programme to drive engagement and increase access to art in the local community. We learn more about how UBS drives its programmes of public engagement, hear from the director of the fair and speak to the manager for APAC of UBS’s extraordinary corporate art collection.See omnystudio.com/listener for privacy information.

We wrap up our highlights from UBS’s annual flagship event, the 23rd edition of which took place in January with a theme of ‘The Way Ahead’. For this programme, UBS APAC head of research Martin Yule asks Nasser Saidi, former chief economist of the Dubai International Financial Centre and the first governor of the Central Bank of Lebanon, to discuss the theme, ‘China and the Middle East: old friends in a new era’.See omnystudio.com/listener for privacy information.

The Chinese People’s Political Consultative Conference and the National People’s Congress have both taken place this week. As well as economic targets and macro-policy setting, this year’s editions involved the most extensive government reshuffle in a decade or more. UBS experts Bhanu Baweja and Yifan Hu join us to discuss the key learnings of a busy week. See omnystudio.com/listener for privacy information.