Capital Sovereign Connect is an exclusive programme designed for sovereigns and long-term focused institutional investors, in collaboration with our esteemed academic partner, INSEAD, whose programmes are consistently ranked amongst the top in the world.
This year's theme, "Rewiring the Global Investment Landscape", reflects the seismic shifts reshaping economies, societies, and markets. The programme will explore the intersection of macroeconomic megatrends, artificial intelligence, and demographic transitions, with a particular focus on their implications for public markets.
Mandarin Oriental Lutetia
| 17.00 - 19.00 |
Welcome Reception
Bar Aristide Benno Klingenberg-Timm, CFA, CAIA, Head of Institutional Business, Europe & Asia Pacific, Capital Group |
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Mandarin Oriental Lutetia
| 08.30 - 08.45 |
Welcome Address: Setting the Strategic Context for Sovereign Investors
Guy Henriques, President of Europe & Asia, Capital Group |
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| 08.45 - 09.00 |
Opening Roadmap: Structuring the Journey from Global Forces to Investment Decisions
Andy Budden, Head of Solutions, Europe & Asia, Capital Group |
| 09.00 - 10.30 |
Keynote: Global Macroeconomic Forces in Transition
Loïc Sadoulet, Affiliate Professor of Economics, INSEAD; Pushan Dutt, Professor of Economics and Political Science, INSEAD |
| 10.30 - 10.45 |
Networking Break
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| 10.45 - 11.45 |
Great Global Restructuring: Currencies, Capital Flows and Economics Rebalancing
Jens Søndergaard, Partner, Currency Analyst, Capital Group Tryggvi Gudmundsson, Economist, Capital Group Moderated by Andy Budden, Head of Solutions Europe & Asia, Capital Group |
| 11.45 - 12.30 |
Capital Market Assumptions & Portfolio Construction
Gene Podkaminer, Senior Asset Allocation Strategist, Capital Group |
| 12.30 - 14.00 |
Lunch Break
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| 14.00 - 15.00 |
State of the Nation: U.S. and Middle East Perspectives
Matt Miller, Political Economist & Corporate Affairs Advisor, Capital Group Talha Khan, Political Economist, Capital Group |
| 15.00 - 15.45 |
Technology & Disruption: Innovation, Productivity and Investment Outcomes
Julien Gaertner, Partner, Equity Investment Analyst, Capital Group |
| 15.45 - 16.15 |
Networking Break
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| 16.15 - 17.15 |
Productivity Growth: Economics Capacity in a Demographically Constrained World
Jared Franz, Partner, Economist, Capital Group Dimitrije Ruzic, Professor of Economics, INSEAD |
| 17.15 - 17.20 |
Closing Reflections: Key Takeaways for the Day
Andy Budden, Head of Solutions, Europe & Asia, Capital Group |
Mandarin Oriental Lutetia
| 08.30 - 09.00 |
SWF Outlook and Trends
Diego López, Founder of GlobalSWF |
|---|---|
| 09.00 - 10.45 |
The European moment: Fiscal Sustainability, Monetary Constraints and Political Fragmentation
Keynote by David Marsh, Chairman of OMFIF followed by panel discussion; Natacha Valla, an economist and current Dean of the School of Management and Impact at Sciences Po Paris, Tryggvi Gudmundsson, Economist, Capital Group |
| 10.45 - 11.00 |
Networking Break
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| 11.00 - 11.45 |
Migration & Europe's Future: Demographics, Labour Supply and Social Cohesion
Frans Blom, Chair of the Supervisory Board of Van Lanschot Kempen. Sr. Partner Emeritus of Boston Consulting Group, President of the INSEAD Alumni Association and Co-founder and chair of think tank DenkWerk |
| 11.45 - 12.45 |
Investor Panel: Views from the Bridge
Shireesh Vasupalli, Head of Global Active Equities, Public Equities, GIC Ali Eid AlMheiri, Executive Director, Diversified Assets, Mubadala Investment Company Daniel Nageler, Director of Treasury Department, Austrian National Bank Moderated by Luis Freitas de Oliveira, Partner, Portfolio Manager, Capital Group |
| 12.45 - 14.00 |
Lunch Break
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| 14.00 - 15.00 |
The Future of Global Diplomacy & Quo Vadis Germany
Christoph Heusgen, Former Chairman of the Munich Security Conference, Former Permanent Representative of Germany to the United Nations, Former Foreign Policy and Security Adviser to Federal Chancellor Angela Merkel |
| 15.00 - 16.00 |
Investment Implications: Equity
Steve Watson, Partner, Portfolio Manager, Capital Group Nick Grace, Partner, Portfolio Manager, Capital Group Andy Budden, Head of Solutions Europe & Asia, Capital Group |
| 16.00 - 16.15 |
Networking Break
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| 16.15 - 17.15 |
Investment Implications: Fixed Income
Luis Freitas de Oliveira, Partner, Portfolio Manager, Capital Group Andrew Cormack, Portfolio Manager, Capital Group Jason Davis, Investment Analyst, Capital Group Moderated by Jeremy Cunningham, Investment Director, Capital Group |
| 17.15 - 17.20 |
Closing Reflections: Key Takeaways for the Day
Andy Budden, Head of Solutions, Europe & Asia, Capital Group |
| 17.20 - 18.00 |
Transfer to River Seine Boat Tour
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| 18.30 - 20.00 |
Evening Dialogue Forum
This evening forum provides space for informal but substantial exchange among participants and speakers in a boat tour along River Seine. |
| 20.00 - 21.30 |
Transfer to Fontainebleau
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INSEAD Fontainebleau Campus
| 08.45 - 09.00 |
Opening Speech
Luis Freitas de Oliveira, Partner, Portfolio Manager, Capital Group & Board Director and Chairman of the Endowment Management Committee, INSEAD |
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| 09.00 - 10.15 |
Stewardship in an Era of Structural Fracture
Timothy Van Zandt, Professor of Economics, INSEAD |
| 10.15 - 10.45 |
Networking Break
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| 10.45 - 11.45 |
Labor Markets in the Age of AI
Alexandra Roulet, Associate Professor of Economics, INSEAD |
| 11.45 - 12.30 |
AIs Wide Open: Harnessing in AI's Hyper-disruption
Yann Lechelle, Entrepreneur & AI Infrastructure Leader (Former CEO, Scaleway) |
| 12.30 - 14.00 |
Lunch Break with "Druid Walk"
|
| 14.00 - 15.00 |
VR Governance Simulation: Investment Committee under Stress + debrief
Loïc Sadoulet, Affiliate Professor of Economics, INSEAD |
| 15.00 - 16.00 |
Authority, Courage & the Burden of Stewardship
Yves Doz, Professor of Strategy, INSEAD |
| 16.00 - 16.15 |
Networking Break
|
| 16.15 - 17.15 |
Closing Integration: The Investment Committee of 2036
Loïc Sadoulet, Affiliate Professor of Economics, INSEAD |
| From 18.30 |
Closing Dinner
Château de Fontainebleau Dinner speech by Luis Freitas de Oliveira, Partner, Portfolio Manager, Capital Group & Board Director and Chairman of the Endowment Management Committee, INSEAD |
INSEAD Campus at Fontainebleau
| 09.00 - 09.30 |
The Red Thread: Consolidating Insights and Institutional Takeaways
Andy Budden, Head of Solutions Europe & Asia, Capital Group |
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| 09.30 - 11.30 |
Leadership- Focused Historical Excursion
Giulia Del Fabbro, Art & Leadership Experiences Lecturer, Private Tour Guide |
| From 11.30 |
Departure to Paris Airports & Train Stations
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