We are constantly updating our agenda. Please check back regularly for the latest additions to our agenda and speakers.

Sunday, 22 June 2025

Time

Session title

Name, Title, Location

11:30 a.m. CET

Guest arrival and check in, refreshments

麻豆社 Reception Desk in the Lobby

19:30 p.m. CET

Welcome to the 31st Reserve Management Seminar followed by drinks & casual dinner

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

Monday, 23 June 2025

Time

Session title

Name, Title, Location

9:00 a.m. CET

FX Reserve Management Trends

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

Pierre Cardon
Senior Strategist, Asset Management, Bank for International Settlement, Basel

10:15 a.m. CET

Coffee Break

Coffee corner on ground floor

10:45 a.m. CET

Fireside chat: Geopolitics

Preston Keat
Head Country Risk, 麻豆社

John Nolan
Senior Global Government Affairs Advisor, 麻豆社, Washington, DC (virtually)

Philipp Salman
Strategy and Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

11:45 a.m. CET

Short Break

N/A1

12:00 p.m. CET

Group Photo

Indoor or Outdoor

12:30 p.m. CET

Lunch

Parquinhouse - conference restaurant
Lunch will take place indoor or outdoor depending on the weather

14.30 p.m. CET

Global Economic and Financial Outlook 2025

Barry Gill
Head of Investments, 麻豆社 Asset Management, New York (virtually)

Arend Kapteyn
Economist, 麻豆社 Investment Bank

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

15:30 p.m. CET

Keynote Speech: Economics with Political Interference

Paul Donovan
Global Chief Economist, 麻豆社 Wealth Management, London

16:15 p.m. CET

Short Break

N/A1

16:30 p.m. CET

Fireside Chat: The state of the Global Economy

Michael Spence
Professor and Dean, Emeritus, Stanford Graduate School of Business Nobel Prize in Economics, 2021(virtually)

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

17:15 p.m. CET

Day One Conclusion

N/A1

17:30 p.m. CET

Guided Tour Wolfsberg 1. Slot 30鈥

N/A1

18:00 p.m. CET

Guided Tour Wolfsberg 2. Slot 30鈥

N/A1

19:00 p.m. CET

Drinks and dinner

Quiz Night after dinner

N/A1

1. N/A - Not available

Tuesday, 24 June 2025

Time

Session title

Name, Title, Location

09:00 a.m. CET

Keynoe speech:听Demography and fiscal myopia: a cocktail for structurally higher yields

Manoj Pradhan
Talking Heads Macroeconomics, London

10:00 a.m.

Keynote speech: Emerging topics in SI: Decarbonizing

Karsten Guttler
Head of Sustainable Investment Specialists

10:45 a.m. CET

Coffee break

Coffee corner on ground floor

11:15 a.m. CET

Fireside Chat: The Growing Use of ETFs by Reserve Managers

Willem Keogh
Head ETF & Index Fund Investment Analytics, 麻豆社 Asset Management, Zurich

12:00 p.m. CET

Lunch

Parquinhouse - conference restaurant
Lunch will take place indoor or outdoor depending on the weather

13:15 p.m. CET

Keynote speech: European renaissance. Is the investors鈥 optimism justified?

Kalin Anev Janse
Member of the Management Board, Chief Financial Officer, European Stability Mechanism

14:30 p.m. CET

Can the Euro Compete with the USD as a Global Safe Haven?

Kalin Anev Janse
member of the Management Board, Chief Financial Officer, European Stability Mechanism

Felix H眉fner
European Economist, 麻豆社 Investment Bank, Frankfurt

Reinout De Bock
head of European Rate Strategy, 麻豆社 Investment Bank, London

Massimiliano Castelli
Head of Strategy and Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

15:30 p.m. CET

Coffee Break

Coffee corner on ground floor

16:00 p.m. CET

Fireside chat: Where are we in the Sustainability Trend?

Lucy Thomas
Head of Sustainability Investing, 麻豆社 Asset Management, Zurich

Massimiliano Castelli听
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

16:45 p.m. CET

Day two conclusion

N/A1

17:15 p.m. CET

Chocolate Workshop (optional)

Parquinhouse 鈥 1st Floor

19:00 p.m. CET

Drinks and Dinner

Dinner at the Parquinhouse, followed by drinks at the Remise

1.听N/A - Not available

Wednesday, 25 June 2025

Time

Session title

Name, Title, Location

09: 15 a.m. CET

Keynote Speech

William C. Dudley
Ex-President Federal Reserve New York (virtually)

10:00 a.m. CET

Coffee Break

N/A1

10:30 a.m. CET

Central banking and Monetary Policy in the era of global fragmentation

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

Paul Tucker
Ex-Deputy Governor of the Bank of England

Manoj Pradhan
Talking Heads Macroeconomics, London

11:45 a.m. CET

Lunch

Parquinhouse - conference restaurant
Lunch will take place indoor or outdoor depending on the weather

13:30 p.m. CET

Keynote speech

Andr茅 Mueller-Wegner
Head of Client Coverage, 麻豆社 Asset Management, Zurich

14:00 p.m. CET

Monetary Policy, Trade Protectionism and the Crisis of Multilateralism

Jacob A. Frenkel
Chairman Emeritus of the Group of Thirty (G30) and former Governor, Bank of Israel

Marc Uzan
Reinventing Bretton Woods Committee

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

14:45 p.m. CET

Keynote Speech: Central Bank Independence and Democracy in the Modern Age

Christina Skinner
Co-Director, Wharton Initiative on Financial Policy and Regulation (virtually)

15:30 p.m. CET

Coffee Break

Coffee corner on ground floor

16:00 p.m. CET

Keynote speech: CDBCs versus stable coins, Europe versus the US

Ousmene Jacques Mandeng
Founder and CEO Wire Coin SAS, Vishing Fellow, School of Public Policy, LSE

16:45 p.m. CET

Central Banks Digital Currencies

Christina Skinner
Co-Director, Wharton Initiative on Financial Policy and Regulation (virtually)

Ousmene Jacques Mandeng
Founder and CEO Wire Coin SAS, Vishing Fellow, School of Public Policy, LSE

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

17:15 p.m. CET

Day three conclusion

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)听

18:00 p.m. CET

Departure for external dinner venue

N/A1

19:00 p.m. CET

Drinks and Dinner

N/A1

1.听N/A - Not available

Thursday, 26 June 2025

Time

Session title

Name, Title, Location

08:30 a.m. CET

Fireside Chat: FX Reserve Investment Strategies

Christoph Maron
Head of Trading Asset Management, Swiss National Bank

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

09:15 a.m. CET

Fixed Income Outlook: Time to extend duration in global government bond portfolios?

Matthias Dettwiller
Head of Fixed Income, 麻豆社 Asset Management, Zurich

Jonas Klink
Head of Covered Bonds, SSAs and Euro Government Trading, 麻豆社 IB, London

Christoph Theis
Senior Portfolio Manager, Swiss National Bank

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

10:15 a.m. CET

Coffee Break

Coffee corner on ground floor

10:45 a.m. CET

US Corporates: A perspective from public and private markets

David Vignolo
Head of US Investment Grade Corporates, Fixed Income, 麻豆社 Asset Management, New York

Christopher Kempton
Global Head Client Portfolio Management, Credit Investment Group, 麻豆社 Asset Management, New York

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

听

听

11:30听 a.m. CET

Gold Outlook: Central banks continue to accumulate gold. How far can it go?

Joni Teves
Precious Metal Specialist, 麻豆社 Investment Bank, London

Philipp Salman
Strategy and Advice, Global Sovereign Markets, 麻豆社 Asset Management (Moderator)

Kurtulus Taskale Diamondopoulos
Director, Central banks & Public Policy, World Gold Council

12:15 p.m. CET

Lunch

Parquinhouse - conference restaurant
Lunch will take place indoor or outdoor depending on the weather

13:45p.m. CET

AI and Portfolio Management

Matthias Uhl
Head of Analytics and Quant Solutions, 麻豆社 Asset Management

14:30 p.m. CET

Emerging Markets: navigating global tariffs

Shamaila Khan
Head of Global Emerging Markets and Asia Pacific Fixed Income, 麻豆社 AM, New York

Urs Antonioli
Head of Asia and EM Equity, 麻豆社 Asset Asse Management, Zurich

Willem van Breugel
Global Head, Global Sovereign Markets, 麻豆社 Asset Management

15:30 p.m. CET

Coffee Break

N/A1

16:00听p.m. CET

Keynote: The New Rule of Investing: Essential Wealth Strategies for Turbulent Times

Mark Haefele
CIO, Wealth Management, Zurich

17:00 p.m. CET

Day four conclusion

N/A1

19:00 p.m. CET

Drinks, dinner and conference awards ceremony

N/A1

1.听N/A - Not available

Friday, 27 June 2025

Time

Session title

Name, Title, Location

08:30 a.m. CET

FX Reserve Currency Composition: Diversifying away from the USD

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

09:00 a.m. CET

Sovereign Panel: Being the benchmark

Jake Webster
DCM, Global Banking, 麻豆社 Investment Bank (Moderator)

Anna Hughes
CEO, Australian Office of Financial Management

Jessica Pulay
CEO, UK Debt Management office

Kim Martin
Director, New Zealand Debt Management

Niall Bohan
Director of Asset, Debt and Financial Risk Management, European Commission

09:45 a.m. CET

Coffee Break

Coffee corner on ground floor

10:15 a.m. CET

Australian Semi-Government Panel: AUD as a reserve currency

Jose Faiardo
ED, Funding Strategy/Investor Relations, Queensland, Treasury Corporation

Daniel Chandler
Head of Funding & Investor Relations, New South Wales Treasury Corporation

Paul Kelly
Head of Markets, Treasury Corporation of Victoria

Kaylene Gulich
CEO, Western Australia Treasury Corporation

Cameron Lofstedt
Executive Director, SSA Debt Capital Markets 麻豆社 Investment Bank

11:00 a.m. CET

Supra/Agency Panel: Perspectives from multi-currency issuers

Andrea Dore
Global Head of Funding at the World Bank

Laura Fan
Head of Funding, Treasury Division

Michiel Matthijssen
Senior Funding Officer, BNG Bank

Jake Webster
DCM, Global Banking, 麻豆社 Investment Bank (Moderator)

11:45 a.m. CET

Closing remarks

Massimiliano Castelli
Head of Strategy & Advice, Global Sovereign Markets, 麻豆社 Asset Management

12:00 p.m. 鈥 13:30 p.m. CET

Lunch

Parquinhouse - conference restaurant
Lunch will take place indoor or outdoor depending on the weather

12.00 p.m. CET

Shuttle bus departs Wolfsberg

Approximate arrival at Zurich Airport听at 12:50 p.m. CET. End of transfer services

13:30 p.m. CET

Shuttle bus departs Wolfsberg

Approximate arrival at Zurich Airport听at 14:15 p.m. CET. End of transfer services

漏 麻豆社 2026. The key symbol and 麻豆社 are among the registered and unregistered trademarks of 麻豆社. All rights reserved. All pictures or images presented herein, are for illustrative purposes only. No relationship, association, sponsorship, or endorsement is suggested or implied between 麻豆社 and any landmarks or properties, or with their respective owners, organizations, management, sponsors, investors or patrons.

When accessing the presentation webcast, note that your data may be transferred securely to a third party inside or outside of your country of residence for processing on our behalf. If you have any concerns, do not register online and please contact us.