If form doesn’t load or you have any questions please email firstname.lastname@example.org.
Beginning in 2010, the APB Summits (formerly known as the Investment Advisory Summits) are the largest and most important gatherings of C-suite private bankers, IAM/EAMs, and wealth managers/SFOs. Now in it’s 10th year, this year’s Summits will attract over 1000 senior leaders from the Asian wealth management industry.
Head of Wealth Management, South-East Asia
BNP Paribas Wealth Management
Managing Director, Head of Private Banking South Asia and Singapore CEO
CEO Private Banking Asia
Union Bancaire Privée
Head of Private Banking, South East Asia
HSBC Private Banking
Chief Executive Officer, Asia & Singapore Branch Manager
Indosuez Wealth Management
|8:15am – 9:00am||Registration and Breakfast|
|9:00am – 9:10am||Welcome Remarks|
|9:10am – 9:55am||CEOs in Debate | Ten years in Asian private banking: A decade of discipline or decadence?
A decade removed from the GFC and on Asian Private Banker’s tenth anniversary, private banking leaders explore the key developments and dynamics that have brought the industry to its current state. These include: wide-spanning regulatory reforms impacting cross-border business, product distribution, suitability, and transparency; technological advancements and digitalisation; and changes in client behaviour and expectations towards investments and servicing. How have Asia’s private banks responded? Have they done so effectively and efficiently, and what do their organisational changes over the past decade tell us about the next ten years in Asian private banking?Moderator:
Sebastian Enberg, Editor, Asian Private BankerConversation catalysts:
Arnaud Tellier, Head of Wealth Management, South-East Asia, BNP Paribas Wealth Management
Benjamin Cavalli, Managing Director, Head of Private Banking South Asia and Singapore CEO, Credit Suisse
Michael Blake, CEO Private Banking Asia, Union Bancaire Privée
Philip Kunz, Head of Private Banking, South East Asia, HSBC Private Banking
Pierre Masclet, Chief Executive Officer, Asia & Singapore Branch Manager, Indosuez Wealth Management
|10:00am – 10:20am||Networking Coffee|
|10:20am – 10:50am||Workshop Session|
|10:55am – 11:25am||Workshop Session|
|11:30am – 12:00pm||Workshop Session|
|12:05pm – 12:35pm||Workshop Session|
|12:40pm – 1:20pm||
Closing Panel | Responding to rising recession risk
Despite the protracted bull market, investors should begin taking heightened inflation and recession risks into account given the slowdown in economic growth and a tightening labour market. With economic contraction looming and consumer confidence waning, there are numerous investment decisions to consider: Just how close is the next recession? How can investors position their portfolios accordingly? And in this late market cycle, what types of behaviour are investors exhibiting and what kinds of products and investments have resonated with clients?
Join the region’s private banking investment experts as they discuss and debate the current market conditions.
|1:20pm – 2:30pm||Networking Champagne Luncheon|
Amundi | Thematic Investing: Investing in tomorrow’s world today
Disruption is what makes yesterday’s unimaginable today’s reality. It is the main factor driving the ever-increasing number of game-changing companies that are profoundly reshaping the way we live, communicate, and work. Although disruptive innovation has presented throughout history, it has just begun to accelerate under the combined impact of technological breakthroughs, globalisation, demographic changes, and environmental challenges. In this workshop, Vafa will delve into Global Disruptive Opportunities — a thematic strategy that invests in game-changing companies that have the potential to generate long-term growth. Hear more on how the strategy offers an alternative to cyclical hazards and about how thematic strategies are increasingly gaining ground as a core holding within portfolios by extracting additional alpha.
Vafa Ahmadi, Head of Global Thematic Equities, CPR AM (a fully-owned subsidiary of Amundi Asset Management)
BlackRock | Navigating the private credit boom: Uncover the next big opportunity
Private credit has claimed a larger space in HNWIs’ portfolios in recent years as investors looking for reliable and higher income streams, portfolio diversification, and opportunities from market dislocation increase their exposure to the asset class. As late-stage economic cycle dynamics begin to manifest, what risks and opportunities exist today in private credit? In this workshop, we will provide an overview of the spectrum of private credit opportunities and highlight which areas of private credit we favour in today’s market environment, with a particular focus on US direct lending and Asian private credit.
Alex Vaulkhard, Director and Product Strategist for Global Credit Platform, BlackRock
Vincent So, Managing Director, BlackRock Alternatives Specialists
BNY Mellon | Seeking stable income in uncertain times
A shrinking high yield universe offset by renewed volatility, unsustainable business models, and disruptive markets challenge today’s investors. Political dynamics in the US and Europe are also expected to be significant over the next two years — so how will this affect high yield? In today’s session, Insight’s short-dated high yield manager, Uli Gerhard, will discuss the importance of stock-picking against a backdrop of wider issuer performance dispersion and uncertain market forces, and how this approach can potentially generate stable levels of income for investors.
Uli Gerhard, Senior Portfolio Manager – High Yield, BNY Mellon
Capital Group | ESG: A natural ally of long-term investing
ESG provides an important framework for assessing the long-term sustainability of investments and underpins effective engagement with portfolio companies. However, incorporating ESG factors into portfolio analysis is complex and nuanced. For clients, it can be confusing as there are no global disclosure standards or definitions and ESG ratings are unable to fully capture nuances in a single score. ESG rating providers, for example, employ different methods, which can lead to conflicting views even within the same company. There are no short cuts in ESG — rigorous fundamental analysis along with active stewardship are the two key pillars of ESG integration.
In this workshop, Natasha Braginsky Mounier, ESG Investment Director at Capital Group, will discuss the changing landscape of ESG investing and why ESG integration is a natural ally for long-term investors.
Natasha Braginsky Mounier, ESG Investment Director, Capital Group
Fidelity International | Fidelity’s multi-asset franchise: Relevant solutions for today’s markets
Fidelity has provided multi-asset solutions since the 1980s, during which time we have enhanced our platform and investment process to offer clients access to a wide range of diversified income streams and asset classes across various geographies (from traditional equities to REITs, to Asia Pacific as well as Greater China assets) and in niche areas (like alternative infrastructure investments to developing markets such as EM debt or China HY). Our evergreen multi-asset offering is overlaid by a proven decision-making framework. This differentiated approach includes allocation to uncorrelated assets, and the fine-tuning of portfolio exposures via the selective employment of derivative overlays at various critical points over a cycle. This unique and proven approach has allowed us to assist our investors in reaching their investment goals. We now manage close to US$40.9 billion in multi-asset solutions globally (as of February 2019).
George Efstathapoulos, Portfolio Manager, Fidelity International
Hermes Investment Management | Achieving impact through engagement in relation to the Sustainable Development Goals
Hermes Investment Management is a leading proponent of investments in which ESG considerations are fully integrated. It has taken this a step further by launching a strategy that engages with investee companies to make enhancements to their businesses that also help make progress towards the UN’s Sustainable Development Goals. This workshop will cover the practical aspects of developing and running successful engagement programmes and integrating these into the investment process.
Hamish Galpin, Director, Head of Small & Mid Cap, Lead Manager of Global Small Cap, Hermes Investment Management
HSBC Global Asset Management | The dragon enters: Is the inclusion of Chinese bonds in the Bloomberg Global Aggregate Index a tipping point for global investors?
Domestic RMB bonds entered the Bloomberg Global Aggregate Index on 1 April, thus moving into the mainstream of the investible bond universe. What are global investors doing about this and what are the pros and cons of following the index inclusion? Join us as we discuss the investment implications, the opportunities and risks in the Chinese bond market, and how Chinese bonds could help boost the characteristics of client portfolios.
Geoffrey Lunt, Director, Senior Product Specialist for Asian Fixed Income, HSBC Global Asset Management
Matthews Asia | Tapping Asia’s and China’s small-cap potential
Innovation, urbanisation, and the rising purchasing power of middle class consumers — these are just some of the driving forces behind the growth of small companies in the region today. Many small companies in Asia tend to focus on domestic markets, potentially insulating them from global macro concerns such as trade conflicts. Within Asia and particularly in China, the universe of small companies is rapidly expanding, generating many attractive investment opportunities. In this workshop, portfolio manager Lydia So explains how investors can benefit from allocating to Asia and China small-cap equities, and how this asset class can be positioned within a client’s overall investment portfolio.
Lydia So, CFA, Portfolio Manager, Matthews Asia
Pictet Asset Management | Integrating ESG factors in emerging sovereign debt investing
Pictet Asset Management believes emerging economies could benefit from improving ESG factors in the long term and that asset managers need to determine when ESG factors will be meaningful drivers of asset prices in the short term. As an industry, we are developing sovereign stewardship collaborations and have encouraged sovereign issuers to enhance ESG performance by engaging with policymakers and educating them on ESG issues as we endeavour to find the social value in managing assets.
Andrew Grijns, Senior Client Portfolio Manager, Emerging Markets Fixed Income, Pictet Asset Management