UBS Wealth Insights 2025

Roaring 20s: The next stage
Hong Kong, 16 January 2025

Why attend?
Agenda
Speakers

Roaring 20s: The next stage

By many measures, markets have had a “roaring 20s”— with five years of strong performance for global equity market indices, technological breakthroughs, and stronger-than-expected US economic growth. Of course, in that time we have also experienced a global pandemic, the outbreak of wars, and societal challenges amid higher consumer prices.

As we enter 2025, we look at key developments that will shape the next stage of this decade, including US political change, economic stimulus in China, geopolitical developments, and falling interest rates. We also cover the longer-term opportunities in transformative innovation, including in the fields of AI, power and resources, and longevity.

Join us as we offer insights and strategies as the Roaring 20s enters the next stage.

Be a part of discussion

14:00 - 14:15 Welcome Address

14:15 – 15:00 Opening keynote An insider view: A new future unfolds for the US and the world

The past decade has seen significant shifts in the political landscape of the United States, with each election bringing its own set of dynamics and implications for both domestic and global affairs. US Vice President Mike Pence will offer an insider view into the US elections and its far-reaching global implications, with a focus around international relations, economic policies, and geopolitical dynamics.

Speaker

The Honorable Michael R. Pence
48th Vice President of the United States

Moderator

Min Lan Tan
Head Chief Investment Office APAC, UBS Global Wealth Management

15:00 – 15:25 UBS CIO Year Ahead 2025: The Roaring 20s - The next stage

As we approach the midpoint of the decade, the implications of the US election are becoming clearer. For investors, the key question is whether the next US administration and its policies will prolong or prematurely end the Roaring 20s—a decade that has so far been characterized by robust economic growth, strong market returns, and enhanced productivity. Trade tensions, substantial fiscal deficits, and geopolitical conflicts could all pose challenges for both the US and key markets like China and the rest of Asia. What should investors prioritize in 2025? Join our CIOs for their insights into the Year Ahead 2025.

Speakers

Mark Haefele
Chief Investment Officer, UBS Global Wealth Management

Min Lan Tan
Head Chief Investment Office APAC, UBS Global Wealth Management

15:25 – 15:40 Intermission

15:40 – 16:15 AI Revolution: Shaping tomorrow’s world today

In 2023, the Artificial Intelligence (AI) market was estimated to be worth over $500 billion, with projections indicating it could reach trillions of dollars in the coming years. How will AI reshape our world and drive economic growth? What industries are poised for significant disruption? Join our thought-provoking session to gain insights into the implications of AI for businesses and investments. Prepare to rethink the future and discover how to position yourself to capitalize on the AI revolution.

Speakers

Mo Gawdat
Former Chief Business Officer of Google X, Author of international bestselling books, Founder of One Billion Happy

Moderator

Mark Haefele
Chief Investment Officer, UBS Global Wealth Management

16:15 – 16:45 Market dynamics: Investment opportunities in the current macro environment

Global markets are evolving. With sustained economic growth in the US, supported by healthy consumption, loose fiscal policy, and lower interest rates, how should investors position their portfolios? In this session, industry-leading managers from technology and traditional sectors will discuss the impact of technological advancements and geopolitical shifts on investment decisions. They will also share insights on stock selection strategies to equip investors with the knowledge to capitalize on investment opportunities.

Speakers

Xuesong Zhao
Partner, Polar Capital

John Forelli
Head of Portfolio Research Group, Boston Partners

Ed Huang
Head of Private Wealth Solutions - Asia Pacific, Blackstone

Moderator

Adrian Zuercher
Head Global Asset Allocation & Co-Head Global Investment Management APAC, UBS Chief Investment Office

16:45 – 17:00 From niche to norm: adoption of cryptocurrency in a growing market

Cryptocurrencies have evolved from niche digital assets to mainstream financial instruments, fueled by technological innovations, increasing institutional interest, and growing consumer acceptance. This shift is transforming global financial systems, presenting both new opportunities and challenges in the expanding digital economy. In this session, industry experts will explore the latest trends in market adoption, the effects of regulatory changes, and the roles of both institutional and retail investors.

Speakers

Thomas Taw
Head of the APAC Investment Strategy, Blackrock

Moderator

Eva Lee
Head Greater China Equities, UBS Global Wealth Management Chief Investment Office

17:00 – 17:30 Closing keynote fireside chat – China economic outlook: Navigating transformation and opportunities

China is at a policy turning point, brought on by the rollout of a broad stimulus package spanning monetary, property, debt, and capital market measures. With increasing tariff risks, is a more forceful fiscal stimulus needed for China to avert a negative debt-deflation spiral? In this session, we will examine the economic implications of the next US administration on China, and the country’s key drivers for growth, from technological innovation, domestic consumption, to international trade dynamics, giving investors an overview of the future trajectory of China’s economic landscape.