UBS takes over Credit Suisse baton with launch of Asian Investment Conference in Hong Kong this month

UBS takes over Credit Suisse baton with launch of Asian Investment Conference in Hong Kong this month

Swiss bank UBS Group will host an investment conference in Hong Kong at the end of May, continuing a tradition begun by Credit Suisse Group, in a sign of further integration of the two lenders following last year’s takeover.

The acquisition of Credit Suisse by UBS was legally completed on June 12, 2023.

The week-long Asian Investment Conference (AIC) will commence on May 27, continuing the event’s 27-year history. The AIC is widely regarded as Asia’s premier investment conference and follows HSBC’s Global Investment Summit, held in April.

The event will bring together more than 2,000 global institutional investors and ultra high-net-worth individuals, as well as top executives and entrepreneurs from 300 private and public companies in Asia-Pacific. It will include a two-day conference to be held on May 28 and 29.

Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland. Photo: Reuters

“The AIC is a unique platform that serves exactly that purpose – connecting local wisdom with global capabilities to deliver actionable ideas,” said Edmund Koh, president of Asia-Pacific at UBS.

The AIC has earned a reputation of providing insights into what is next for investors in the region, Koh added, as well as a networking opportunity.

UBS sees Asia as future growth engine as wealth creation brings opportunities

While details about speakers and participants are awaited, UBS said topics ranging from public and private investment to family offices and asset management will be covered.

The event follows a slew of conferences hosted in the city that aim to bring global investors and affluent spenders back to Hong Kong.

HSBC hosted some 3000 guests over a three-day summit in April, which came off the back of the annual rugby sevens competition. That followed the annual Wealth for Good Hong Kong Summit in March, organised by the city’s government, which brought together the global heads of ultra-rich family offices and their advisers.

“This year’s AIC will throw light on key investment debates including inflation, policy, growth and reform,” UBS said in a statement. “We will also deep dive into opportunities in Generative AI, new energy, explore how our cities can thrive, and illuminate the profound scientific breakthroughs in neuroscience.”



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