Delivering insights into the people, places and products shaping the financial week ahead. Hear from the finest minds and freshest thinkers as they take you beyond the numbers and the hype to get to the heart of the day’s big issues.
Solving the biodiversity challenge: part 2
Katharine Hayhoe is chief scientist at The Nature Conservancy and a member of the UBS Sustainability and Impact Institute Forum. In this follow-up to our earlier coverage of the Institute’s white paper published at the World Economic Forum, Hayhoe discusses nature-based solutions to climate and biodiversity crises. She explains how the world must invest in and work with nature to address these challenges for the sake of current and future generations. See omnystudio.com/listener for privacy information.
2/5/2024 • 17 minutes, 41 seconds
Closing the education disadvantage gap
A special edition of the programme explores how to close the education disadvantage gap in the UK. The system fails many young people, with the gap in outcomes between richest and poorest deeply entrenched and even widening in certain regions. Joining us to explain how they’re addressing the challenge, and why collaboration is critical in driving enduring change, are five very special guests: Steve Rotheram, metro mayor of the Liverpool City Region; Sarah Payne, UK head of social impact and philanthropy at UBS; Graeme Duncan, CEO of Right to Succeed; Justine Molyneaux, CEO of Involve Northwest; and Steve Morgan, founder of housebuilder Redrow, philanthropist and chair of his eponymous foundation.See omnystudio.com/listener for privacy information.
1/28/2024 • 43 minutes, 26 seconds
‘Bloom or Bust’: solving the biodiversity challenge
We examine a white paper published by the UBS Sustainability and Impact Institute at the World Economic Forum Annual Meeting at Davos. ‘Bloom or Bust: Aligning Technology and Finance to Address Biodiversity Challenges’ sets out the key problems that we face, explores the efficacy of existing solutions and considers the role that a combination of finance, government action and deep partnerships can play in aiding nature’s recovery. Featuring William Nicolle of UBS and Leland Werden of ETH Zürich.See omnystudio.com/listener for privacy information.
1/22/2024 • 23 minutes, 30 seconds
What’s ahead for crypto in 2024?
After a strong rebound in 2023 that saw top coins increase in value by high-double to triple-digit percentages, what lies ahead for crypto assets? Michael Bolliger and Antoinette Zuidweg from the UBS Global Wealth Management Chief Investment Office tell us why the new year might bring further opportunities for trading-oriented investors who believe that they can time crypto assets – and why they remain unconvinced, for now, by disruptive real-world use-cases. See omnystudio.com/listener for privacy information.
1/15/2024 • 19 minutes, 57 seconds
Looking ahead part two: the next decade
Concluding our two-part series in which we discuss 2024 and beyond, we consider the themes set to define the next decade, with insights and observations from Paul Donovan, Kiran Ganesh, Antoinette Zuidweg and Tony Petrov.See omnystudio.com/listener for privacy information.
1/8/2024 • 12 minutes, 59 seconds
Looking ahead part one: the next 12 months
Kicking off a special two-part edition in which we look ahead at 2024 before expanding our horizons and considering the themes that might define the next decade. Featuring insights and observations from Paul Donovan, Kiran Ganesh, Dominic Schnider, Antoinette Zuidweg and Tony Petrov.See omnystudio.com/listener for privacy information.
1/1/2024 • 27 minutes, 41 seconds
UBS Philanthropy Compass
With the season of giving in full swing, we take a timely look at the space with UBS Head of Social Impact & Philanthropy, Tom Hall. Tom explains what exactly his team means by “making an impact” and how collaboration amplifies successful outcomes.See omnystudio.com/listener for privacy information.
12/25/2023 • 18 minutes, 29 seconds
UBS Billionaire Ambitions Report 2023
The UBS Billionaire Ambitions Report 2023 is subtitled: “Changing of the guard: The coming era of wealth succession and the drive for greater purpose”. Max Kunkel, CIO for global family and institutional wealth within UBS Global Wealth Management, joins the show to discuss the findings, including the fact that – for the first time in nine editions of the report – billionaires have accumulated more wealth through inheritance than entrepreneurship. Kunkel explains how a new cohort of multigenerational families is taking shape, how this generation has its own views on legacy and ambition – and why this requires increasingly sophisticated solutions for succession planning and defining common values. See omnystudio.com/listener for privacy information.
12/18/2023 • 13 minutes, 39 seconds
UBS European Conference review part three: economic equality
The last in a short series of programmes discussing some of the key panels and themes from the 2023 UBS European Conference. Beatriz Martin, head of non-core and legacy at UBS, joins us to reflect on her conversation with Cherie Blair in London. Up for discussion were women’s economic equality, the importance of mentorship and the issues facing female entrepreneurs today.See omnystudio.com/listener for privacy information.
12/11/2023 • 17 minutes, 29 seconds
UBS European Conference review part two: equity markets
The latest in our series of programmes unpacking some of the key panels and themes from the 2023 edition of the UBS European Conference. This week we turn to equity markets and hear from James Arnold, global co-head of strategic insights and advisory, and Gareth McCartney, global co-head of equity capital markets. Up for discussion: have we reached a turning point for UK capital markets?See omnystudio.com/listener for privacy information.
12/4/2023 • 16 minutes, 11 seconds
Focus on China
What are the compelling opportunities that remain at the end of China’s multi-decade period of high growth? We focus on the country and explore its importance to investors – and to the world – through the prism of UBS’s ‘Panorama’ publication. UBS Asset Management’s head of investments, Barry Gill, and head of sustainable investing, Lucy Thomas, are here to remind us why China is so important and to address some of the main misconceptions about the country. See omnystudio.com/listener for privacy information.
11/27/2023 • 21 minutes, 58 seconds
UBS European Conference review part one: US and European outlook
The first in an occasional series exploring some of the key panels and themes from the 2023 edition. Ahead of programmes focused on equity markets and gender equality, we begin with the outlook for the US courtesy of UBS chief US economist Jonathan Pingle. Plus: we take the temperature on the other side of the Atlantic with UBS European economist Anna Titareva.See omnystudio.com/listener for privacy information.
11/19/2023 • 19 minutes, 33 seconds
Another “Roaring Twenties” for the US?
We are joined by two of the authors of a new report from the Chief Investment Office of UBS Global Wealth Management that explores whether the US is set for another “Roaring Twenties”. The economy has evolved in unexpected ways this year, so Jason Draho and Paul Hsia are here to explain why the macro picture is so unusual and what the secular trends are that will shape the supply side for good (and bad) this decade.See omnystudio.com/listener for privacy information.
11/13/2023 • 15 minutes, 6 seconds
The Art Basel & UBS Survey of Global Collecting 2023
Insights into the behaviours and attitudes of high-net-worth art collectors around the world. Discover why there was a greater engagement with research-based acquisitions and why these collectors are optimistic about the market in 2024. Featuring report author and renowned cultural economist Clare McAndrew and UBS chief economist Paul Donovan.See omnystudio.com/listener for privacy information.
11/6/2023 • 17 minutes, 9 seconds
From the archive: Daniel Kahneman
Another chance to hear this special episode featuring the brilliant Daniel Kahneman. To address the big questions that shape our world, UBS has sought out a number of economic science Nobel laureates and asked them to share insights, discuss their research and open their inquiring minds. Kahneman won in 2002 for integrating insights from psychological research into economics, especially concerning human judgement and decision-making under uncertainty. Here he discusses his 2021 book ‘Noise: A Flaw in Human Judgement’ and explains how such randomness infiltrates different parts of society.See omnystudio.com/listener for privacy information.
10/30/2023 • 18 minutes, 47 seconds
Can natural capital accounting help to meet biodiversity goals?
William Nicole from the UBS Sustainability & Impact Institute explains how this economic approach could help to address the urgent challenge of global biodiversity loss. With biodiversity diminishing at an alarming pace, it’s clear that the world needs new tools to sustainably manage environmental resources for the long term. Can NCA offer the solution?See omnystudio.com/listener for privacy information.
10/22/2023 • 15 minutes, 50 seconds
Global Visionaries special: Financing Alliance for Health
Angela Gichaga is the CEO of the Financing Alliance for Health and one of the inspirational innovators that UBS supports and celebrates through its Global Visionaries programme. Angela is joined at Monocle’s HQ in Zürich by Tom Hall, Global Head of Social Impact & Philanthropy at UBS, to discuss the critical importance of strengthening, scaling and sustaining community health systems.See omnystudio.com/listener for privacy information.
10/15/2023 • 26 minutes, 9 seconds
Electric vehicles: Q-Series teardown of the BYD Seal
UBS Q-Series research connects the dots across asset classes, geographies and sectors. Today we hear from the analysts behind UBS Evidence Lab’s newest teardown of the electric car. In this most recent iteration, the EV in the frame is the latest mass-market effort from China’s number-one car maker, the BYD Seal. With Patrick Hummel and François-Xavier Bovignies.See omnystudio.com/listener for privacy information.
10/8/2023 • 28 minutes, 5 seconds
‘Rethink, Rebuild, Reimagine’
A special edition of the programme exploring ‘Rethink, Rebuild, Reimagine: The Untapped Opportunity and Overlooked Risk in Buildings and Structures’, a new white paper from the UBS Sustainability and Impact Institute. Two of its co-authors, the UBS ESG analysts William Nicolle and Richard Mylles, join us to explain what rethinking, rebuilding and reimagining buildings and structures can – and must – look like to best balance urban growth and sustainability.See omnystudio.com/listener for privacy information.
10/1/2023 • 20 minutes, 14 seconds
‘The UBS Global Real Estate Bubble Index 2023’
We discuss UBS’s annual report that assesses urban housing markets around the world and gauge the “bubble risk” in residential property markets in 25 major cities. The 2023 edition looks at the effect of the abrupt end of the low-interest-rate environment. With Matthias Holzhey, Dean Turner and Jonathan Woloshin.See omnystudio.com/listener for privacy information.
9/24/2023 • 20 minutes, 33 seconds
European Central Banks
We discuss the decision by the ECB to raise interest rates to an all-time high of 4 per cent. What will the impact be on the Eurozone economy? And how will the Swiss National Bank react? Dean Turner and Tom Flury explain.See omnystudio.com/listener for privacy information.
9/16/2023 • 12 minutes, 28 seconds
What happens when AI takes over?
Forget the recent hype surrounding artificial intelligence (AI) and join us for a look at the clear economic application for the new technology. Paul Donovan of UBS explains why the economics of AI are also those of disruption. Donovan also discusses the four broad areas where AI might make the greatest impact: jobs, growth, inflation and politics.See omnystudio.com/listener for privacy information.
9/10/2023 • 15 minutes, 29 seconds
“Marketheimer”
Millions of global theatre-goers have enjoyed the “Barbenheimer” cinematic experience this summer. But what happens if you apply the idea of two apparently incongruous events happening at the same time to markets as well as films? UBS’s Jason Draho joins us to explain how contradictory evidence and conflicting interpretations of data and policy moves can create “Marketheimer” events.See omnystudio.com/listener for privacy information.
9/3/2023 • 15 minutes, 2 seconds
Global Visionaries special: Perkins School for the Blind
Dave Power is the president and CEO of Perkins School for the Blind, as well as one of the inspirational innovators who UBS supports and celebrates through its Global Visionaries programme. Power and his team provide world-leading education services for children and young adults who have multiple disabilities and visual impairments. He is joined at Monocle’s Zürich HQ by Tom Hall, global head of social impact and philanthropy at UBS, to discuss the transformational power of universal, lifelong learning.See omnystudio.com/listener for privacy information.
8/27/2023 • 18 minutes, 36 seconds
Global Wealth Report 2023
The 14th edition of the Global Wealth Report, the first launched jointly by UBS and Credit Suisse, reveals valuable insights about the state of the global economy and society, as well as the shifting meaning and potential of prosperity. Discussing the findings are Paul Donovan, chief economist in UBS Global Wealth Management; Nannette Hechler-Fayd’herbe, chief investment officer for the EMEA region and global head of economics and research at Credit Suisse; and economist, wealth researcher and report co-author Anthony Shorrocks.See omnystudio.com/listener for privacy information.
8/20/2023 • 27 minutes, 17 seconds
Longer Term Investments: Obesity
There have been plenty of recent headlines about new, more efficacious weight-loss drugs to treat excess body fat. The global number of people with obesity continues to rise at pace – and shows no signs of falling for years to come. So what does this mean in terms of trends and opportunities for smart investors?See omnystudio.com/listener for privacy information.
8/13/2023 • 15 minutes, 17 seconds
Inflation discrimination
Paul Donovan, chief economist at UBS Global Wealth Management in London, joins the show to unpack his recent blog discussing inflation discrimination. What complications can arise when official inflation data fails to take into account different forms of price discrimination?See omnystudio.com/listener for privacy information.
8/7/2023 • 10 minutes, 17 seconds
Investor Watch: Plotting a successful business sale
The latest UBS global Investor Watch report surveyed more than 500 US business owners who recently sold up or are considering doing so within the next five years. Bianca Benedetti-Fang, executive director of the UBS Business Owner Client Segment team, joins the show to discuss the report’s findings. See omnystudio.com/listener for privacy information.
7/30/2023 • 14 minutes, 46 seconds
Corporate Pride
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.
7/23/2023 • 11 minutes, 9 seconds
The UBS Future-Now Conference
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.
7/16/2023 • 25 minutes, 45 seconds
Global Visionaries special: Earth Security
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.
7/9/2023 • 29 minutes, 49 seconds
The UBS Reserve Manager Survey 2023
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.
7/2/2023 • 21 minutes, 22 seconds
Balancing act: UBS’s investment outlook
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.
6/25/2023 • 27 minutes, 29 seconds
‘Own Your Worth’ 2023
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 omnystudio.com/listener for privacy information.
6/18/2023 • 16 minutes, 55 seconds
The Art Basel & UBS Global Art Market Report
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.
6/11/2023 • 29 minutes, 5 seconds
UBS Global Family Office Report 2023
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.
6/4/2023 • 14 minutes, 43 seconds
Debt ceiling deadline
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.
5/28/2023 • 17 minutes, 40 seconds
Metaverse
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.
5/21/2023 • 23 minutes, 2 seconds
The rise of the impact economy – part 2
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.
5/14/2023 • 31 minutes, 15 seconds
The rise of the impact economy – part 1
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.
5/11/2023 • 30 minutes, 30 seconds
Emerging markets focus
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.
4/30/2023 • 11 minutes, 20 seconds
Why alternatives matter
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.
4/23/2023 • 13 minutes
Global Visionaries special: Education Partnerships group
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.
4/16/2023 • 26 minutes, 17 seconds
Please adjust your data set
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.
4/9/2023 • 9 minutes, 30 seconds
Q2 Outlook: Stability amid uncertainty
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.
4/2/2023 • 21 minutes, 18 seconds
Art Basel Hong Kong special
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.
3/26/2023 • 18 minutes, 10 seconds
The UBS Greater China Conference part III: China and the Middle East
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.
3/19/2023 • 17 minutes, 23 seconds
What happened at the National People’s Congress?
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.
3/12/2023 • 16 minutes, 46 seconds
International Women’s Day Special
To mark International Women’s Day, we dive into a new report from the UBS CIO entitled ‘Women and Investing: Planning for Your Legacy’. The report trains a lens on the goal of legacy: how women investors define it, the best allocation of resources to meet those objectives and the importance of putting a financial plan in place for the smooth transfer of wealth. Marianna Mamou, head, advice beyond investing in the Chief Investment Office of UBS Global Wealth Management and author of the report, joins us to explain more.See omnystudio.com/listener for privacy information.
3/5/2023 • 13 minutes, 54 seconds
What’s the problem with GDP?
UBS Global Wealth Management chief economist Paul Donovan joins the show to discuss some of the perennial issues with GDP as a metric and how the fourth industrial revolution is upending its primacy as a measure of growth. See omnystudio.com/listener for privacy information.
2/26/2023 • 11 minutes, 18 seconds
The Ukraine Relief Fund – one year on
A special programme marking the anniversary of Russia’s invasion of Ukraine and the creation of the Ukraine Relief Fund by the UBS Optimus Foundation: an extraordinary mobilisation of capital and a triumph of collaboration. With us to reflect on its prospects and imperatives for the future are the CEO of the Optimus Foundation and the leaders of two local partners whom UBS has supported in their vital work on the frontlines.
See omnystudio.com/listener for privacy information.
2/19/2023 • 43 minutes, 42 seconds
The UBS Greater China Conference part II: Global economic outlook
Further highlights from UBS’s annual flagship event, the 23rd edition of which took place last month with the theme, ‘The Way Ahead’. UBS global chief economist Arend Kapteyn, chief European economist Reinhard Cluse, their US counterpart Jonathan Pingle and head of Asia economics Tao Wang discuss the global economic and policy outlook.See omnystudio.com/listener for privacy information.
2/12/2023 • 21 minutes, 32 seconds
The UBS Female Founder Award
How best to close the ‘funding gap’ that exists between female entrepreneurs and their male counterparts? We discuss the winner of the UBS Female Founder Award and ask how this recognition is helping to bridge the gap and move the needle towards a more equitable distribution of funding and opportunities. Marianna Mamou, head Advice Beyond Investing in the UBS CIO, and Emma Wheeler, head of the Women’s Wealth Programme in UBS’s Wealth Management business, tell us about the 2022 award-winner Danielle Lawrence, co-founder and CEO of Freyda Limited.See omnystudio.com/listener for privacy information.
2/5/2023 • 16 minutes, 12 seconds
Inflation weight-watching
UBS Global Wealth Management chief economist Paul Donovan joins the show to explain why investors need to start ‘watching the weight’ of different parts of the constantly shifting inflation basket. Donovan tells us why increased spending on things like energy and durables in 2021 and 2022 increases those sectors’ importance in inflation calculations for the year ahead – and how canny investors should react.See omnystudio.com/listener for privacy information.
1/29/2023 • 10 minutes, 37 seconds
Highlights from the UBS Greater China Conference part I: China’s technological ambitions
Bloomberg’s Lulu Yilun Chen discusses her new book, ‘Influence Empire: The Story of Tencent and China’s Tech Ambition’ with UBS’s Kirsten Parker at the 2023 UBS Greater China Conference.
See omnystudio.com/listener for privacy information.
1/22/2023 • 18 minutes, 42 seconds
The Year Ahead
We dive into the latest compelling report from UBS Global Wealth Management’s chief investment office and learn why its authors have described the next 12 months as a “year of inflections”. The editor in chief of the report is one of this programme’s regulars, Kiran Ganesh. He joins us to outline the factors that have shaped the bank’s house view for 2023.See omnystudio.com/listener for privacy information.
1/15/2023 • 14 minutes, 20 seconds
What might profit-driven inflation mean?
In the latest in an occasional series, the chief economist in UBS Global Wealth Management, Paul Donovan, joins the show to talk us through some of the key topics that he has been following and writing about as we enter 2023. Today’s programme explores what profit-driven inflation might mean.See omnystudio.com/listener for privacy information.
1/8/2023 • 10 minutes, 30 seconds
UBS European Conference review – Part III: Private Equity
The last in our series of specials exploring the key panels and themes from the 2022 edition. After programmes on cryptocurrencies and monetary policy, we turn the lens on private equity. Joining the programme is Simona Maellare, who runs Alternative Capital Group globally for UBS.See omnystudio.com/listener for privacy information.
1/1/2023 • 12 minutes, 24 seconds
Nature-based Solutions
Explore a compelling report with a truly global scope from The UBS Optimus Foundation in APAC and project partners Mana Impact and EnviroStrat. The report demonstrates how nature-based solutions can be better understood and employed to address global environmental and biodiversity challenges. With Optimus Foundation’s CEO Maya Ziswiler, Patti Chu of Mana Impact and EnviroStrat’s Cerasela Stancu.See omnystudio.com/listener for privacy information.
12/25/2022 • 22 minutes, 42 seconds
Nobel Perspectives: Robert Wilson and Paul Milgrom
To help address the big questions that shape our world UBS has sought out a number of Nobel laureates in the economic sciences to ask them to share insights, discuss their research and open their inquiring minds. This week we hear from the laureates recognised in 2020 for their improvements to auction theory and the inventions of new auction formats.See omnystudio.com/listener for privacy information.
12/18/2022 • 15 minutes, 33 seconds
The global supply-demand imbalance
In the first of an occasional series, Paul Donovan, the chief economist at UBS Global Wealth Management, joins the show to talk us through some of the key topics that he’s been following and writing about in the latter half of 2022. Today’s programme explores the supply-demand imbalance.
See omnystudio.com/listener for privacy information.
12/11/2022 • 8 minutes, 54 seconds
Driving decarbonisation of the real economy
‘The Green Inflection Point’ is a new white paper from the UBS Sustainability & Impact Institute. Two members of the institute – Francis Condon, head of thematic engagement at UBS Asset Management and Adam Gustafsson, who works for the UBS AM data science team, – discuss some of the key actions that the financial sector must take to accelerate decarbonisation of the real economy.See omnystudio.com/listener for privacy information.
12/4/2022 • 17 minutes, 54 seconds
Nobel Perspectives: Guido Imbens
To help address the big questions that shape our world, UBS has sought out a number of Nobel laureates in the economic sciences to ask them to share insights, discuss their research and open their inquiring minds. This week, we hear from Guido Imbens, the 2021 winner for his work on causal relationships, and discuss how natural experiments can lead to more credible research.
See omnystudio.com/listener for privacy information.
11/27/2022 • 15 minutes, 40 seconds
UBS European Conference review part II: monetary policy
The next in our series of specials exploring the key panels and themes from the 2022 edition. After our programme on cryptocurrencies and before we turn the lens on private equity, we focus on monetary policy. Joining the programme on either side of the Atlantic are two great guests from UBS Investment Bank: chief European economist Reinhard Cluse and his US counterpart, Jonathan Pingle.
See omnystudio.com/listener for privacy information.
11/20/2022 • 17 minutes, 17 seconds
Nobel perspectives: Daniel Kahneman
To help address the big questions that shape our world, UBS has sought out a number of Nobel laureates in the Economic Sciences to ask them to share insights, discuss their research and open their inquiring minds. This week we hear from Daniel Kahneman, winner in 2002 for integrating insights from psychological research into economics, especially concerning human judgement and decision-making under uncertainty. We discuss his newest book, “Noise: A Flaw in Human Judgement”, and consider how noise infiltrates different parts of society.
See omnystudio.com/listener for privacy information.
11/14/2022 • 18 minutes, 56 seconds
UBS European conference review part I: cryptocurrencies
The first of a series of specials exploring the key panels and themes from the 2022 edition. Ahead of programmes focused on monetary policy and private equity, we begin with a deep dive into cryptocurrencies and CBDCs with James Malcolm, UBS Head of FX strategy and cryptocurrency research. See omnystudio.com/listener for privacy information.
11/13/2022 • 19 minutes, 53 seconds
The US midterm elections
We count down to the vote on 8 November, gauge the state of the race, consider the key questions that are shaping the discourse and ask what all of this means for investors. Hear from two of the key contributors to UBS’s ElectionWatch as they report on the theme: Tom McLoughlin, head of fixed income for the Americas, and Nadia Lovell, senior US equity strategist. Plus: Lydia Saad, director of US social research at Gallup, on what the latest polling reveals about voter priorities.See omnystudio.com/listener for privacy information.
11/6/2022 • 25 minutes, 54 seconds
Gender lens investing
Gender lens investing is an attempt to address one of the great inefficiencies of the financial system: its failure to effectively channel money to female entrepreneurs and female-led businesses. Gender Smart is a global field-building initiative dedicated to unlocking the deployment of strategic, effective gender-smart capital at scale. We hear from its co-founder about the Gender Smart Investing Summit and the ‘State of The Field 2022’ report. Plus: insights from UBS Global Wealth Management chief economist, Paul Donovan.See omnystudio.com/listener for privacy information.
10/23/2022 • 22 minutes, 34 seconds
The UBS Global Real Estate Bubble Index 2022
We explore the annual report that brings an up-to-date take on global urban-housing markets and gauges the “bubble risk” in the residential property markets of 25 major international cities. The 2022 edition sets a scene characterised by strong house-price growth, high imbalances in certain geographies and ongoing issues around affordability. It also charts the increase in household leveraging and how the return of people to major cities continues to drive urbanisation. With Matthias Holzhey, Dean Turner and Jonathan Woloshin.
See omnystudio.com/listener for privacy information.
10/16/2022 • 24 minutes, 11 seconds
Focus on private markets: the food revolution
On last week’s programme we dipped into the UBS Global Wealth Management CIO Q4 outlook and (among other things) we talked about private markets with alternative-investment strategist Antoinette Zuidweg. She is back this week to share further private-market insights – this time focusing on the longer-term investment theme of the food revolution. Plus: Wayne Gordon explains how investors can position themselves to take advantage in this space.See omnystudio.com/listener for privacy information.
10/9/2022 • 15 minutes, 8 seconds
Discovering resilience
The 4Q outlook from the UBS Global Wealth Management CIO explains why a third quarter characterised by volatility means that the time is right to be invested, diversified and selective. Our panel outlines the themes that represent CIO market preferences: defensives, income, value, diversity and security. With Vince Heaney and Antoinette Zuidweg.
See omnystudio.com/listener for privacy information.
10/2/2022 • 19 minutes, 48 seconds
Nobel perspectives: David Card
To help address the big questions that shape our world, UBS has sought out a number of Nobel laureates in the Economic Sciences to share insights, discuss their research and open their inquiring minds. This week we hear from David Card, 2021’s winner for his contribution in the field of labour economics. Card explains what drives wage inequality within the labour market. See omnystudio.com/listener for privacy information.
9/25/2022 • 14 minutes, 13 seconds
The UBS CIO thematic guide
A freshly published report from the Chief Investment Office of UBS Global Wealth Management presents the bank’s Longer Term Investment (LTI) themes for a multi-year investment horizon. Our panellists explain how UBS approaches sustainable investing for LTIs and discuss some of the individual investment topics that are driven by both big secular themes and other more disruptive forces.See omnystudio.com/listener for privacy information.
9/18/2022 • 24 minutes, 14 seconds
The UBS House View Monthly
Reflections on the Fed, inflation, ongoing volatility and the likelihood of a recession in the eurozone. The panel discusses what UBS chief investment officer Mark Haefele has described as the economic ‘bizarro world’ in which we currently find ourselves. And, later in the programme, we’ll head Stateside for a quick update following the Fed Chair’s hawkish speech on inflation at Jackson Hole.See omnystudio.com/listener for privacy information.
9/13/2022 • 17 minutes, 40 seconds
‘Learning for Life’
To mark United Nations international literacy day, we shine a spotlight on a new UBS publication: ‘Learning for Life: A Guide for Philanthropists and Changemakers to Bring Quality Education to All’. The paper explores how to achieve UN Sustainable Development Goal No 4, which aims to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. As well as the CEO of the UBS Optimus Foundation, we hear from education innovator Joe Wolf of Imagine Worldwide, one of the thought leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. See omnystudio.com/listener for privacy information.
9/12/2022 • 39 minutes, 7 seconds
How can currencies affect your wealth strategy?
With the US dollar index hitting its highest level in 20 years, investors have certainly been paying closer attention to foreign exchange markets. Today we dip into a recent tutorial on the theme from the UBS Global Wealth Management CIO to explore various factors that drive currency movement. See omnystudio.com/listener for privacy information.
8/28/2022 • 18 minutes
Locarno Film Festival and ‘Futurespectives’
We celebrate 75 years of the world-famous festival and its 40-year partnership with UBS. The managing director tells us about the event’s evolving mission through the years, how film festivals can shape the public discourse, as well as a more sustainable future, and the latest exciting manifestation of the UBS partnership: the new ‘Futurespectives’ podcast.See omnystudio.com/listener for privacy information.
8/21/2022 • 17 minutes, 48 seconds
UBS Global Visionaries: Christoph Gebald of Climeworks
Christoph Gebald of Climeworks is one of the thought leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. Climeworks’ mission is to capture and permanently remove carbon dioxide from the air using a technology called “direct air capture”. Founded by Gebald and his engineering partner Jan Wurzbacher, the company strives to inspire one billion people to act now, in order to remove both historic and residual CO2 emissions and limit global warming.See omnystudio.com/listener for privacy information.
8/14/2022 • 20 minutes, 40 seconds
Economic holiday blues
With costs soaring, why are consumers still going on holiday? Paul Donovan, chief economist of UBS Global Wealth Management, joins us to reflect on the phenomenon and to consider what it means for economic forecasting.See omnystudio.com/listener for privacy information.
8/7/2022 • 12 minutes, 25 seconds
The future of US-China engagement
What could a shift in the balance of domestic US power after the midterms mean for the relationship between the two global powerhouses? Our guests in the US and Hong Kong unpack the complexities of the political and economic dynamics between Beijing and Washington.
See omnystudio.com/listener for privacy information.
7/31/2022 • 19 minutes, 52 seconds
From ozone to oxygen: opportunities and risks in natural capital
Exploring the new white paper from the UBS Sustainability & Impact Institute. Joining the discussion are the head of the institute, Mike Ryan, as well as Judson Berkey from the Chief Sustainability Office at UBS. They discuss what’s required in order to preserve and regenerate the earth’s limited stock of natural capital, from policy innovations and new frameworks to the role that investors and the private sector can play.
See omnystudio.com/listener for privacy information.
7/24/2022 • 19 minutes, 45 seconds
Spotlight on food security
Wayne Gordon and Giovanni Staunovo join us to discuss a UBS Global Wealth Management CIO report that focuses on agriculture. They talk about how the war in Ukraine has affected the sector, the pressure caused by high energy prices and the profound challenges posed by climate change.See omnystudio.com/listener for privacy information.
7/17/2022 • 17 minutes, 24 seconds
The UBS Sustainable Finance Conference
We’re joined by the co-head of global markets distribution within UBS Investment Bank for an update on last week’s conference on sustainable finance. Kevin Arnold sums up the event and discusses some of the key questions in the environmental, social and governance (ESG) field.See omnystudio.com/listener for privacy information.
7/10/2022 • 19 minutes, 22 seconds
UBS Annual Reserve Manager Survey 2022
The most authoritative survey of official reserve management activities was conducted between April and June, collecting responses from more than 30 central banks around the world. The head of strategy and advice in UBS Asset Management’s global sovereign market team joins us to discuss managers’ economic concerns, their thoughts on strategic asset allocation and the effects of sanctions and geopolitics on their work.See omnystudio.com/listener for privacy information.
7/3/2022 • 20 minutes, 6 seconds
The UBS CIO Q3 Outlook
Will the second half of 2022 see stagflation or reflation, soft landing or slump? Those are four scenarios unpacked in the UBS Wealth Management CIO’s Q3 Outlook. The report’s editor in chief, Kiran Ganesh, joins Paul Donovan, chief economist of UBS Wealth Management, to discuss the findings.See omnystudio.com/listener for privacy information.
6/26/2022 • 15 minutes, 13 seconds
Art Basel special
Monocle’s culture editor, Chiara Rimella, reports from Art Basel as we mark UBS’s ongoing global lead partnership with the fair. The programme features UBS’s Christl Novakovic, Giovanni Carmine, director of the fair’s Unlimited section, and Samuel Leuenberger, curator of its Parcours strand. See omnystudio.com/listener for privacy information.
6/19/2022 • 26 minutes, 20 seconds
UBS Global Family Office Report 2022
The chief investment officer for global family and institutional wealth at UBS Wealth Management discusses the third iteration of the world’s largest and most comprehensive study of single-family offices. What explains the current period of transformation? And why is a significant strategic shift in asset allocation, first discussed in last year’s edition, continuing to gain pace?See omnystudio.com/listener for privacy information.
6/12/2022 • 13 minutes, 36 seconds
UBS Global Visionaries: Chris Bessenecker and Jennifer Waugaman of Afriscout
Chris and Jennifer of Afriscout are two of the thought leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. Afriscout’s mission is to address the enormous challenges faced by African livestock herders, who collectively lose a third of their animals every year due to inadequate pasture or water.See omnystudio.com/listener for privacy information.
6/5/2022 • 20 minutes, 10 seconds
Own Your Worth
Carey Shuffman, head of the women’s segment at UBS, gives insights into the latest in the company’s series of reports that collect data from women in the US and around the world about how they approach and engage with major financial decisions. This year’s edition has some striking findings: women are increasingly acting on their convictions to pursue greater purpose in their lives and intentionally using their financial resources, time and purchasing power in a way that aligns with their values. See omnystudio.com/listener for privacy information.
5/29/2022 • 27 minutes, 22 seconds
Investing during the era of security
The war in Ukraine has accelerated a number of trends fuelled by the pandemic and has put international relationships and global dependencies under scrutiny. The conflict promises to reshape with whom – and how – business is done, as international relationships and alliances are reassessed. Our UBS panel unpacks three key trends in this changed world: the so-called “three Ds” of deglobalisation, decarbonisation and defence.
See omnystudio.com/listener for privacy information.
5/22/2022 • 16 minutes, 6 seconds
Investing during the era of security
The war in Ukraine has accelerated a number of trends fuelled by the pandemic and has put international relationships and global dependencies under scrutiny. The conflict promises to reshape with whom – and how – business is done, as international relationships and alliances are reassessed. Our UBS panel unpacks three key trends in this changed world: the so-called “three Ds” of deglobalisation, decarbonisation and defence.
See omnystudio.com/listener for privacy information.
5/22/2022 • 16 minutes, 6 seconds
Positioning for inflation
At a time when inflation is high and fears about central bank overreactions are driving markets, how can investors tap into opportunities? As well as an overview on positioning for inflation, we take a deeper dive into sustainable fixed income.
See omnystudio.com/listener for privacy information.
5/15/2022 • 19 minutes, 35 seconds
Why inflation will fall
UBS Global Wealth Management’s chief economist Paul Donovan explains why inflation is almost certain to fall in developed economies in the second half of 2022. He explains the effect of a normalisation in demand for products that resulted in a surge in demand in 2021 and why comparing recent prices with those from the same time last year, when we were in lockdown, can be misleading. He also discusses why containing wage costs makes a fall more likely.See omnystudio.com/listener for privacy information.
5/8/2022 • 15 minutes, 30 seconds
Macron’s second term
Emmanuel Macron’s re-election as president promises continuity and a degree of certainty for the French economy and Europe’s wider political dynamics. Our panel from UBS considers his domestic agenda and discusses how he can implement his green deal in the face of a potentially more fragmented France.See omnystudio.com/listener for privacy information.
5/1/2022 • 16 minutes, 44 seconds
Delivering insights into the people, places and products shaping the financial week ahead. Hear from the finest minds and freshest thinkers as they take you beyond the numbers and the hype to get to the heart of the day’s big issues.See omnystudio.com/listener for privacy information.
4/24/2022 • 26 minutes, 50 seconds
The Art Market 2022 report
Dr Clare McAndrew, author of the annual global art-market report, joins UBS Global Wealth Management’s chief economist, Paul Donovan, to discuss the findings of this year’s edition. The report is created by McAndrew’s Arts Economics for Art Basel, in partnership with UBS, and presents information based on data gathered from dealers, auction houses, collectors, art fairs,
industry experts and others involved in the art trade.See omnystudio.com/listener for privacy information.
4/17/2022 • 20 minutes, 25 seconds
Mobilising impact investing and strategic philanthropy
Investment capital and co-ordinated action are needed to achieve a more sustainable future and avoid the worst consequences of global warming. Even as societal and investor focus increasingly swing towards prioritising social and environmental outcomes, impact investing and strategic philanthropy remain too narrow in focus and modest in scale. The opportunity ahead is not only to drive more capital into these two approaches but also to apply the key features of these solutions – intentionality, outcomes focus, measurability, additionality – to transform other areas of finance and society. Our panel explains what this process could look like and why it matters.
See omnystudio.com/listener for privacy information.
4/10/2022 • 26 minutes, 24 seconds
Managing risk
The UBS Wealth Management CIO’s Q2 Outlook details some of the ways in which investors can manage the portfolio risks emanating from the Russian invasion of Ukraine, as well as from high inflation, rising interest rates and ongoing market volatility. The report’s editor in chief Kiran Ganesh and his colleague Karim Cherif explain that while the range of potential outcomes is certainly broad, it doesn’t mean that investors can’t take proactive steps to navigate the choppy waters.See omnystudio.com/listener for privacy information.
4/3/2022 • 15 minutes, 40 seconds
Managing risk
The UBS Wealth Management CIO’s Q2 Outlook details some of the ways in which investors can manage the portfolio risks emanating from the Russian invasion of Ukraine, as well as from high inflation, rising interest rates and ongoing market volatility. The report’s editor in chief Kiran Ganesh and his colleague Karim Cherif explain that while the range of potential outcomes is certainly broad, it doesn’t mean that investors can’t take proactive steps to navigate the choppy waters.See omnystudio.com/listener for privacy information.
4/3/2022 • 15 minutes, 40 seconds
Energy prices
We present a special primer on energy price volatility and the implications of the recent spikes and fluctuations for economies and investors. Paul Donovan, chief economist of UBS Wealth Management, joins us to discuss how the situation is shaping the geopolitical, economic and consumer prices landscape.See omnystudio.com/listener for privacy information.
3/27/2022 • 13 minutes, 37 seconds
Volatility
Could the conflict in Ukraine trigger a global recession? Our guest this week explains the outlook for commodities and discusses the hedging options that exist for investors in such times of turbulence.See omnystudio.com/listener for privacy information.
3/20/2022 • 15 minutes, 8 seconds
Carbon pricing
Beyond the appalling human cost and urgent humanitarian crisis that is gripping eastern Europe, the conflict in Ukraine has also sent global equity markets tumbling. Commodity prices have increased and the price and supply of oil and gas have been dislocated. More broadly, the war has also prompted a reframing of the narrative around energy transition and dependency. This week, we take a deeper dive into carbon and explore this emerging sustainable asset. Our special guest from the UBS CIO places the theme in the context of Russia’s invasion of Ukraine and the impact that this destructive conflict is having across markets, energy and more.See omnystudio.com/listener for privacy information.
3/13/2022 • 21 minutes, 10 seconds
Women and investing
In a special programme to mark International Women’s Day on 8 March, we hear from Marianna Mamou, head of Advice Beyond Investing in the chief investment office of UBS Global Wealth Management, and Eva Lindholm, CEO of wealth management at UBS for the UK and Jersey. Mamou and Lindholm discuss the importance of women making their own financial decisions and how the whole wealth management industry must change to better support women in taking control. They also consider how a renewed emphasis on investing with purpose, in accordance with values and driven by a need for impact, is reshaping the way that women investors globally take investment decisions.See omnystudio.com/listener for privacy information.
3/6/2022 • 20 minutes, 20 seconds
Geopolitics and investing
With the shattering events of recent days in Ukraine dominating the global news agenda, this week our guests are exploring the intersection of geopolitics and investing. The ongoing conflict between Russia and Ukraine means that short-term volatility is set to continue; but what does that mean, whether for markets or for energy supplies and prices? How should investors attempt to make sense of what’s happening – and use those lessons to ensure that they have a well-balanced and robust portfolio? Experts from UBS’s global team share their reaction to the invasion and explain the importance of being part of a strong and international team in turbulent times.See omnystudio.com/listener for privacy information.
2/27/2022 • 23 minutes, 15 seconds
Highlights from the UBS Greater China Conference part III: Amy Webb
What is the transformational power of synthetic biology and how do we harness it for the collective good? Amy Webb is the founder of the Future Today Institute, a professor at NYU Stern School of Business and best-selling author of ‘The Big Nine’ and new book ‘The Genesis Machine’. Webb explains how synthetic biology is powering scientific and technological breakthroughs.See omnystudio.com/listener for privacy information.
2/20/2022 • 30 minutes, 50 seconds
UBS Global Visionaries: Chris Kerr and Chad Sarno of Good Catch
Chris Kerr and Chad Sarno of Good Catch and Gathered Foods are two of the most recently appointed thought-leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. Kerr and Sarno’s mission is to use their decades of experience in impact investing and culinary innovation to harness the power of plant-based food to change the way we fish, farm, eat and live.See omnystudio.com/listener for privacy information.
2/13/2022 • 27 minutes, 45 seconds
Picture of health: a guide for philanthropists and change-makers
This week, UBS publishes a fascinating, in-depth guide for philanthropists and change-makers concerned with improving health for all in line with the UN Sustainable Development Goal number 3. On the panel are Phyllis Kurlander Costanza, head of social impact and CEO of the Optimus Foundation at UBS, and Jenny Schecter, co-founder and CEO of Integrate Health, a pioneer in innovative, integrated solutions in this space, which is featured as a case study in the report.See omnystudio.com/listener for privacy information.
2/6/2022 • 25 minutes, 55 seconds
Highlights from the UBS Greater China Conference part two: Daniel Kahneman
The winner of the 2002 Nobel prize in economic sciences talks about his book ‘Noise: A Flaw in Human Judgment’, which explores why people make bad judgements – and how they can make better ones. This is the latest in a series of special programmes featuring highlights from UBS’s flagship Greater China Conference, the 22nd edition of which took place in January.See omnystudio.com/listener for privacy information.
1/30/2022 • 21 minutes, 20 seconds
What is ‘greenflation’?
Are commodities heading into a green supercycle? With demand for metals and energy to build green infrastructure rising, our global panel from UBS discusses the inflationary pressures that could result from accelerating decarbonisation.See omnystudio.com/listener for privacy information.
1/23/2022 • 22 minutes, 26 seconds
Highlights from the UBS Greater China Conference part one: monetary policy in 2022
What are the dilemmas facing central banks? The UBS GCC 2022 has been taking place this week, featuring a packed schedule of presentations from sector experts and thought leaders from across the world. In the coming weeks on this programme, we’ll be looking back at the GCC to bring you insights and highlights, starting with a review of a panel entitled, ‘Monetary policy 2022: behind the curve?’See omnystudio.com/listener for privacy information.
1/17/2022 • 24 minutes, 52 seconds
The ABCs of technology
The trend of technological disruption affords significant opportunity for investors, not just in 2022 but through the whole of the next decade. The ABC technologies – “A” is for artificial intelligence, “B” for big data and “C” for cybersecurity – along with 5G, are expected to grow faster than the technology sector as a whole. Plugging into these growth drivers requires investors to look beyond just mega-cap technology stocks and focus on mid-cap names that could prove to be the “next big thing”.See omnystudio.com/listener for privacy information.
1/9/2022 • 13 minutes, 32 seconds
The Year Ahead
Our annual outlook on the next 12 months courtesy of the eponymous report from the UBS Global Wealth Management CIO. Our panel explains why financial markets face a year of discovery as ‘normal’ rates of growth and inflation return. Plus: how will economic policy respond after two years dominated by the effects of the pandemic? As ever, we’ll also consider some smart investment ideas for the next 12 months, from buying the winners from global growth to diversification and seeking unconventional yield.See omnystudio.com/listener for privacy information.
1/2/2022 • 28 minutes, 59 seconds
The UBS Collectives
Exploring the innovative social-impact initiative that connects UBS’s philanthropic clients on issues that matter most to them. Led by UBS’s Philanthropy Services team, UBS Collectives will help clients combine their expertise and mobilise their capital to fund initiatives that address themes like child protection, climate change, health and education. On the show to explain exactly how it works is Tom Hall, global head of philanthropy services at UBS.See omnystudio.com/listener for privacy information.
12/26/2021 • 19 minutes
Has luxury reached a tipping point?
This is the last of our special editions featuring highlights from the 2021 UBS European Conference, the annual forum that brings together leading political, economic and monetary-policy experts. Over the past decade or so, the Conference has become one of the most important European industry meetings for institutional investors, corporates and policy-makers alike. This week we reflect on a panel that discussed the possibility of the luxury sector reaching a tipping point in China and the US.See omnystudio.com/listener for privacy information.
12/19/2021 • 20 minutes, 24 seconds
An agile future
UBS’s group head of human resources explains how agility, innovation and hybrid working are not only helping great businesses to thrive in the pandemic but permanently and positively reshaping the future of work.See omnystudio.com/listener for privacy information.
12/12/2021 • 26 minutes, 14 seconds
Is inflation here to stay?
In 2021 the prices of goods and services rose more than they did in any year since 2008, leading to wide-ranging concerns about the potential effects on consumer spending, interest rates and corporate margins. The UBS Wealth Management CIO’s Year Ahead suggests that inflation falls in 2022, reducing those concerns and supporting equities. But what if inflation proves somewhat stickier?See omnystudio.com/listener for privacy information.
12/5/2021 • 18 minutes, 22 seconds
The UBS European Conference special: part two
What are the pivotal issues shaping the investment landscape? Find out in the latest special edition featuring highlights from the 2021 UBS European Conference and insights from leading political, economic and monetary-policy experts. The Conference has become one of the most important European industry meetings for institutional investors, corporates and policy-makers alike. This week we feature highlights from a panel chaired by the CEO of UBS on frontiers in sustainable finance and learnings from a panel on the journey to net zero.See omnystudio.com/listener for privacy information.
11/29/2021 • 26 minutes, 10 seconds
The UBS European Conference special: part one
What are the pivotal issues shaping the investment landscape? Find out in the first of two special editions featuring highlights from the 2021 UBS European Conference, the annual forum that brings together the leading political, economic and monetary policy experts. Over the past decade or so the conference has become one of the most important European industry meetings for institutional investors, corporates and policy-makers alike. Featuring highlights from the introductory sessions on monetary policy hosted by UBS Chairman Dr Axel Weber.See omnystudio.com/listener for privacy information.
11/22/2021 • 22 minutes, 7 seconds
Leading the way to net zero: the global greentech opportunity
As Cop26 concludes in Glasgow, we take the temperature of global greentech investment opportunities, thanks to a new report from the UBS Global Wealth Management CIO. Some of the report’s co-authors describe the shift in global momentum to tackle the climate crisis, which has been happening over the last decade. While progress has been made on many fronts, including huge strides in renewable energy generation, much more remains to be done, and speed will be of the essence. So what does that process look like – and what does it mean for smart investors who are looking to make an enduring impact?See omnystudio.com/listener for privacy information.
11/14/2021 • 19 minutes, 48 seconds
UBS Global Visionaries: Ginger Krieg Dosier of Biomason
This week we are joined by another of the inspirational thought leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. This time it’s the turn of Ginger Krieg Dosier of Biomason. Biomason’s mission is to reduce carbon emissions from concrete production and lead the transition to a truly planet-friendly construction industry.See omnystudio.com/listener for privacy information.
11/7/2021 • 22 minutes, 35 seconds
Distributed ledgers and digital assets: a primer
One of the editors-in-chief of this primer from the UBS CIO explains why the time was right to demystify cryptocurrencies, shine a light on the risks for investors and stress the importance of looking beyond crypto at the underlying technologies.See omnystudio.com/listener for privacy information.
10/31/2021 • 19 minutes, 4 seconds
Global Real Estate Bubble Index 2021
We discuss the findings of the fifth Global Real Estate Bubble Index, an annual study from UBS Global Wealth Management’s Chief Investment Office which gauges the “bubble risk” in the residential property market in 25 major cities around the world. On the agenda: how pandemic-related restrictions and the rise of remote working have actually weakened the case for urban housing. Plus: why a lack of affordability of home-ownership for large parts of the population has been no obstacle to price increases.See omnystudio.com/listener for privacy information.
10/24/2021 • 17 minutes, 28 seconds
Oncology Impact Fund 2
Special guests from MPM Capital and UBS Global Wealth Management discuss the second Oncology Impact Fund. The $850m fund (which follows the record-setting success of the UBS OIF 1 that we covered on this programme back in 2016) is an impact-investing initiative that invests in private and public companies that are developing innovative treatments and novel therapeutics. Hear how this reimagining of the power of investment helps to fight cancer while at the same time generating compelling financial return for investors.See omnystudio.com/listener for privacy information.
10/17/2021 • 24 minutes, 40 seconds
UBS Global Visionaries: Ajaita Shah of Frontier Markets
This week we are joined by another of the inspirational thought leaders and innovators who UBS supports and celebrates through its Global Visionaries programme. This time it’s the turn of Ajaita Shah, founder and CEO of Frontier Markets. Shah’s mission is to use technology to empower women entrepreneurs to provide last-mile products and services in rural India.See omnystudio.com/listener for privacy information.
10/10/2021 • 23 minutes, 10 seconds
German election reaction
The federal election delivered a much closer result than opinion polls predicted, with the SPD winning the most votes, just ahead of the CDU/CSU bloc. The Greens polled worse than expected as did the left-wing Die Linke party, making a coalition of left-leaning parties unviable. With coalition talks likely to take weeks, or even months, our panel discusses how a protracted period of coalition-building could reshape the investment agenda.See omnystudio.com/listener for privacy information.
10/3/2021 • 16 minutes, 12 seconds
Navigating record highs: the Q4 outlook
Global equities rallied to new highs in the third quarter, powered by strong economic and corporate earnings growth – particularly in the US and Europe. Unusually, this has coincided with a sharp fall in bond yields, with the US 10-year dropping as low as 1.2 per cent and US high-yield bonds now trading at around 4.4 per cent. Our panel discusses how investors can best position themselves to navigate this landscape.
See omnystudio.com/listener for privacy information.
9/26/2021 • 20 minutes, 7 seconds
Art Basel
We’re off to the fair! As Art Basel makes its much-anticipated return this week, we discuss the mood among fair-goers. Plus: we take a timely look at UBS and Art Basel’s jointly published, mid-year review, ‘Resilience in the Dealer Sector’, which was authored by renowned cultural economist Dr Clare McAndrew. The survey presents an analysis of the global dealer sector in the first half of the year amid the continued challenges of the pandemic. Featuring insights from UBS Wealth Management Chief Economist, Paul Donovan, and Monocle’s Robert Bound.See omnystudio.com/listener for privacy information.
9/19/2021 • 18 minutes, 7 seconds
Art Basel
We’re off to the fair! As Art Basel makes its much-anticipated return this week, we discuss the mood among fair-goers. Plus: we take a timely look at UBS and Art Basel’s jointly published, mid-year review, ‘Resilience in the Dealer Sector ’, which was authored by renowned cultural economist Dr Clare McAndrew. The survey presents an analysis of the global dealer sector in the first half of the year amid the continued challenges of the pandemic. Featuring insights from UBS Wealth Management Chief Economist, Paul Donovan, and Monocle’s Robert Bound.See omnystudio.com/listener for privacy information.
9/19/2021 • 18 minutes, 7 seconds
Clashing powers: the evolving US-China relationship
What does the evolving bilateral relationship mean for investors? The two editors in chief of a new report from the UBS global wealth management Chief Investment Office analyse the relationship and some of the key areas that define it, from trade and capital entanglement, to technology and cybersecurity.See omnystudio.com/listener for privacy information.
9/12/2021 • 19 minutes, 33 seconds
Where is inflation heading?
What caused the recent rises in inflation? We consider the implications for investors and the prospect of inflation dropping as a result of potential changes in supply and demand. Plus: a view on central banks and potential policy responses.See omnystudio.com/listener for privacy information.
9/5/2021 • 18 minutes, 53 seconds
Exploring the UBS Arena
Head behind the scenes of the construction of the superb UBS Arena in New York. Hailed as “a new arena for a new era” this unique and incredibly innovative facility will provide a base for the New York Islanders, the only NHL franchise without a permanent home. Ahead of the November opening date, we take a virtual tour in the company of UBS’s head of brand activation and sponsorship for the Americas and the president of global partnerships for Oak View Group, the developers making what was once just a dream in Belmont Park a reality – in time for the new NHL season.See omnystudio.com/listener for privacy information.
8/29/2021 • 24 minutes, 25 seconds
Borrowing to meet your goals
Our panel from the UBS Global Wealth Management CIO on reasons to borrow, how debt can help investors meet their goals – and why its costs and risks should be managed rather than avoided.See omnystudio.com/listener for privacy information.
8/22/2021 • 21 minutes, 58 seconds
German elections preview
Maximilian Kunkel of UBS Global Wealth Management CIO and Monocle’s news editor, Christopher Cermak, look ahead to Germany’s federal elections on 26 September. Historically, the country’s elections have not been a major concern for investors, as the electoral system favours stability and evolution. While this will remain the case, the balance of power in German politics is shifting. Our panel discusses what that shift looks like and considers what it means for investors.See omnystudio.com/listener for privacy information.
8/15/2021 • 26 minutes, 25 seconds
The Future of Space Tourism – revisited
An updated Q Series report from UBS Global Research explores how the rollout of space tourism and the resulting revenues are aiding the development and democratisation of the space ecosystem. There is now a greater amount of private capital and investor interest, with a number of space-related businesses and new forms of aviation companies coming to the market. Up for discussion are the effects of the coronavirus pandemic, the pace of technological advance and how setbacks and delays have shaped the sector.See omnystudio.com/listener for privacy information.
8/8/2021 • 15 minutes, 20 seconds
UBS Global Visionaries: Kamran Khan of BlueDot
We are joined by another of the inspirational thought leaders and innovators that UBS supports and celebrates through its Global Visionaries programme. This time it’s the turn of Kamran Khan, founder and CEO of BlueDot. The company’s mission is to protect people around the world from infectious diseases by combining medical expertise with advanced data analytics to track and anticipate disease risks.See omnystudio.com/listener for privacy information.
8/1/2021 • 29 minutes, 26 seconds
Currency markets: shifting gears
This new report from UBS Global Wealth Management explains how and why its CIO is updating forecasts to reflect a neutral view on the US dollar this year. We’ll hear from one of our regular chroniclers of currency market moves in London and from one of the report’s co-authors in Zurich. They’ll talk about the ongoing coronavirus situation, central bank intentions, inflationary pressures, where we are in the economic recovery and what all of this means for currency markets.See omnystudio.com/listener for privacy information.
7/25/2021 • 15 minutes, 43 seconds
Private equity opportunities in the digital era
The lifecycle of digital data offers opportunities for private equity investors along the value chain. Applications and services that help to create, store, secure and analyse rapidly growing amounts of data will be beneficiaries in the digital era. Two of the authors of a new report from UBS Global Wealth Management unpack the digital trends that will shape the next decade and beyond, and how these trends shape investment opportunity.See omnystudio.com/listener for privacy information.
7/18/2021 • 10 minutes, 31 seconds
Q3 outlook: ideas for growth, income and protection
How fast is the post-coronavirus economic recovery happening and what does this mean for markets? Our panel explores ideas for growth, income and protection and addresses some key questions at the top of investors’ minds after a first half of 2021 that delivered faster-than-expected vaccine rollouts, a bigger-than-expected US fiscal stimulus, higher-than-expected inflation and strong economic and corporate earnings growth.See omnystudio.com/listener for privacy information.
7/11/2021 • 20 minutes, 8 seconds
Art and digital technologies
An incredible acceleration in the use of digital technologies within the arts has not only enabled access but also created explosive possibilities as a medium in itself. From online viewing rooms to R&D, the applications of technology in the arts are wide-ranging and increasingly influential. In this special edition of the programme Candida Gertler of The Vov and Serpentine Galleries’ Kay Watson discuss the impact of digital technologies in the arts and how these advances have helped artists and institutions respond in today’s changing environment.See omnystudio.com/listener for privacy information.
7/4/2021 • 38 minutes
Why are LGBTQ+ investors different?
Today we’re discussing a new report from the CIO of UBS Global Wealth Management, which asks: “Why are LGBTQ+ investors different?” The reality is that these communities might need to invest differently simply because full legal and social equality doesn’t exist anywhere in the world. So how should LGBTQ+ people build investment strategies to help meet their goals? We’ll consider the investment implications of factors like family, job security, urban living and investing with values in mind.See omnystudio.com/listener for privacy information.
6/27/2021 • 23 minutes, 54 seconds
Shifting Asia: the global engine of new mobility
We explore how Asia is looking to claim pole position in the worldwide race for electric-vehicle supremacy. China is upping the ante and funneling vast amounts of investment into its EV industry, becoming a hotbed for innovation, from batteries to autonomous-driving software. Japan and Korea, too, have entered the fray and are pledging policy support and investment to become EV powerhouses. So what do opportunities across the space look like for investors? See omnystudio.com/listener for privacy information.
6/20/2021 • 19 minutes, 55 seconds
Investor Watch: driving change after coronavirus
The UBS Global Wealth Management ‘Investor Watch’ series documents the results of a regular survey of thousands of investors across multiple regions. Jeff Scott, head of client and advisor insights, talks us through the main findings with a particular focus on the impact of coronavirus on investor sentiment and intention. What are the new priorities for investors in a post-pandemic world? See omnystudio.com/listener for privacy information.
6/13/2021 • 14 minutes
In the studio with Jeffrey Gibson
Mary Rozell, Global Head of the UBS art collection, meets artist Jeffrey Gibson at his studio in Hudson, New York. As well as Gibson’s life and work, they discuss two pieces – 2019’s “You have set my soul on fire”’ and 2020’s “Don’t you want me like I want you” – that UBS has recently acquired for its collection. Gibson explains how these works capture a unique visual vocabulary closely linked to his Cherokee and Choctaw heritage.See omnystudio.com/listener for privacy information.