August 4, 2022 | Singapore
Bloomberg Asia Wealth Summit
As the world enters year three of the ongoing global pandemic, wealth managers seem to be finally getting their legs under them after the lost year of 2020 and the nascent recovery of 2021. Rising inflation fears, market volatility, and low yields from conventional sources continue to bedevil investors but there are signs of growth and with that growth, opportunity. Alternative investments including private equity, credit markets, real estate, and especially cryptocurrencies offer huge upside for savvy investors but getting into these vehicles is often not easy.
At this year’s edition of Bloomberg Wealth, we’ll examine how the ongoing global economic situation is forcing investors and wealth managers to continue to search for yields outside of the traditional equity/income/cash categories. And how that search is fueling a new generation of financial technology that’s putting more and more retail investors into higher-yielding, and riskier, investments that have heretofore been primarily the domain of accredited investors.
Drawing on the deep expertise of the world’s largest newsroom, and its dedicated global wealth reporting team, the Bloomberg Wealth Summit provides private investors, family offices, and financial advisors actionable intelligence and news they can use through smart panels, one-on-one interviews and interactive audience Q&A with leading investors, economists, money managers, and policy professionals.
August 4 - Thursday
Bloomberg Asia Wealth Summit
9:00 AM – Welcoming Remarks
- Mark Cudmore, Global Head of Macro Analysis, Bloomberg; Co-Anchor, European Markets Open, Bloomberg Television
9:05 AM – HSBC Sponsor Spotlight: The Opportunity and Evolution of Asia Wealth
- Nuno Matos, Chief Executive, Wealth and Personal Banking, HSBC
9:10 AM – The Changing Nature of Wealth in Asia
The definition of wealth has changed over generations. In addition, clients have become more sophisticated and savvy. What does it take to be a wealth manager in today’s world? What does the future of wealth look like and what strategies can we learn from leaders in wealth management?
- Tee Fong Seng, Chief Executive Officer, Pictet Wealth Management Asia
- Ashmita Acharya, Retail Banking Head, Citibank Singapore
- Moderator: Mark Cudmore, Global Head of Macro Analysis, Bloomberg; Co-Anchor, European Markets Open, Bloomberg Television
9:30 AM – Building Legacy
Asia is on the cusp of the largest intergenerational wealth transfers in the world as the baby boomers prepare to transfer their wealth to the new generation. We take a look at how family offices build their legacy, bridge generations and stay relevant.
- Lim Ping Ping, Head, Family Advisory and Wealth Planning APAC, LGT Banking Group
- Belinda Tanoto, Managing Director, RGE
- Thomas Ang, Global Head of Family Office Services, Wealth Management Division, Credit Suisse
- Moderator: David Ramli, Investing Reporter, Bloomberg
09:50 AM – ESG Investing
Why should we care about ESG? How can one convince their clients to invest for a better world and use their influence to make a change? ESG investing is on the rise – but how can you tell if a fund is merely sporting a so-called “green sheen” to attract the growing numbers of investors drawn to ESG investing? We look at the case for ESG investing and how investors can invest better.
- Linus Lim, Chief Executive Officer and Head of ESG Investing, PhillipCapital
- Kalpana Seethepalli, Director of ESG, Asia Pacific, Deutsche Bank
- Moderator: Ishika Mookerjee, Deputy Team Leader, Asia Stocks, Bloomberg
10:10 AM – First Generation Conversations
Entrepreneurs and first generation wealth creators can have a more difficult time talking to the next generation about money. We explore the essential family wealth conversations that entrepreneurs and first generation wealth creators must think through to build a meaningful legacy and support future generations.
- Manish Tibrewal, Chief Executive Officer, Maitri Asset Management
- Rachel Lim, Co-Founder, Love, Bonito
- Samuel Rhee, Chairman and Chief Investment Officer, Endowus
- Moderator: David Ramli, Investing Reporter, Bloomberg
10:30 AM – Networking Break
10:45 AM – A Reflection on Wealth: In Conversation with Jim Rogers
We speak to veteran investor Jim Rogers about his long relationship with wealth and how it has changed over the years, how he feels about the current market events and his investment thesis, where he thinks the bright spots are in this current climate.
- Jim Rogers, International Investor and Author
- Moderator: Michelle Jamrisko, Senior Asia Economy Reporter, Bloomberg
11:05 AM – Alternative Investments
Against a backdrop of uncertainty and muted returns, alternative investments provide an increasingly attractive option to hedge against volatility and provide strong returns. From innovative wealth solutions, venture capital and digital assets such as NFTs, we look into where the alternate opportunities of growing wealth are.
- Caroline D. Pham, Commissioner, United States Commodity Futures Trading Commission
- Herbert Suen, Head of Private Wealth Solutions Asia, Blackstone
- Vishal Harnal, Managing Partner, 500 Global
- Moderator: Michelle Jamrisko, Senior Asia Economy Reporter, Bloomberg
11:30 AM – Investing in Web3 & Crypto
How has web 3.0 funding been holding up amid the global stocks and crypto meltdown? How will digital asset managers recover from the market’s USD2 trillion meltdown, and how should investors select their assets going forward? How can they manage the risks?
- Nanda Ivens, Chief Marketing Officer, Tokocrypto
- Mia Deng, Partner, Dragonfly Capital
- Rich Teo, Co-Founder and Chief Executive Officer Asia, Paxos
- Moderator: Joanna Ossinger, Senior Reporter, Bloomberg
11:55 AM – Wealth in Times of Uncertainty
In what has been a tumultuous year, we convene top investment managers to discuss what is happening in Asia, the impact on Asia wealth management, managing risks, bright spots in the region, forecasts and trends. From geopolitical tensions to China’s new data privacy laws to cybersecurity risks, what are the key risks a wealth manager in Asia must be aware of?
- Gareth Nicholson, Chief Investment Officer and Head of Discretionary Portfolio Management, Nomura International Wealth Management
- James Cheo, Chief Investment Officer, Southeast Asia, Global Private Banking and Wealth, HSBC
- Jean Chia, Managing Director, Head, Portfolio Management and Research Office, Bank of Singapore
- Moderator: Mark Cudmore, Global Head of Macro Analysis, Bloomberg; Co-Anchor, European Markets Open, Bloomberg Television
12:20 PM – Closing Remarks
- Mark Cudmore, Global Head of Macro Analysis, Bloomberg; Co-Anchor, European Markets Open, Bloomberg Television