Join us for the CFA Society Swiss Pensions Conference 2025 (SPC25), where we explore the theme, "Investing in a Polarised World." In today’s fragmented global landscape, characterised by geopolitical tensions, economic disparities, and shifting investment paradigms, pension funds must navigate an increasingly complex environment. This year’s conference will equip attendees with the knowledge and strategies needed to thrive in these uncertain times.
The agenda will delve into pressing topics such as the implications of de-globalisation, heightened geopolitical risks, and the challenges posed by energy transitions and demographic shifts. Amidst these disruptions, how can pension funds identify resilient opportunities, manage risks, and align portfolios with long-term objectives?
We are honoured to welcome Howard Marks, Co-Founder & Co-Chairman of Oaktree Capital, who will open the conference with his unparalleled insights into market cycles, risk assessment, and investment strategies in today’s polarised world. His expertise in distressed debt, high-yield investments, and navigating financial market uncertainty will set the tone for the day’s discussions.
Our CIO Pension Fund Panel will offer exclusive insights into trends in infrastructure investing, featuring expert Chief Investment Officers from Swiss and Dutch pension funds. This session will provide a comprehensive look at how institutional investors are incorporating infrastructure into their portfolios to drive long-term, stable returns.
Alternative investment strategies will also take center stage, with Eveline Takken-Somers, Lead Portfolio Manager for Insurance-Linked Investments at PGGM, offering a deep dive into this growing asset class. As pension funds seek diversification beyond traditional equities and bonds, this session will explore how insurance-linked investments can serve as a hedge against market volatility.
In a unique "Joker Session," we are privileged to host Dr. Thomas Zurbuchen, former Associate Administrator for NASA’s Science Mission Directorate and now a leader at ETH Zürich Space. Drawing on his vast experience in space exploration and scientific leadership, Dr. Zurbuchen will share valuable lessons on resilience, decision-making under uncertainty, and long-term strategic thinking—insights that are just as crucial for investment professionals as they are for astronauts.
The conference will conclude with a powerful closing keynote from Christoph Heusgen, Chairman of the Munich Security Conference and former foreign policy advisor to Angela Merkel. With his deep expertise in diplomacy, international security, and global affairs, Heusgen will provide a geopolitical outlook on the forces shaping global investment landscapes and what pension funds must anticipate in the years ahead.
Whether it’s tackling inflationary pressures, understanding regional investment dynamics, or leveraging advancements in technology and sustainability, SPC25 promises to deliver a rich, educational, and thought-provoking experience.
This is a must-attend event for Swiss pension professionals looking to stay ahead of the curve and build portfolios capable of weathering global disruptions while seizing new opportunities.
We look forward to welcoming you on June 19, 2025, at the Hotel Dolder Grand in Zurich, for an inspiring and impactful day of learning and networking.
Members of the CFA Society Switzerland can record PL credits for their participation using the online tracking tool. (Note: You will need to log in with your CFA Institute ID to access it).
Recognized Conference for Continuing Professional Development (CPD) by ASA and CSEP: The Swiss Association of Actuaries and the Swiss Chamber of Pension Fund Experts acknowledge this training day and credit it with 5 points (primary points).
Registration
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Opening / Poll Questions
- Jan-Ulrich Salchow, CFA, Committee Chair of Swiss Pensions Conference Zurich
- Mirjana Wojtal, PhD, CEO, CFA Society Switzerland
Opening Keynote Fire-Side Chat - Mastering the Cycle: A Conversation with Howard Marks
Howard Marks, CFA, Oaktree Capital Management
Moderator - Patrick Saner, CFA, Head of Macro Strategy, Swiss Re
CIO Pension Fund Panel: Private Infrastructure and Beyond – Investing in a Polarised World
- Elena Manola-Bonthond, Chief Investment Officer, CERN Pension Fund
- Dominique Gilgen, CFA, Head Private Markets, Publica
- Jan-Willem Ruisbroek, Managing Director Global Infrastructure & Private Natural Capital, APG
Moderator, Lela Prodani, CFA, Credit Suisse Pension Fund
Coffee Break
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Parallel Sponsor Presentation - Iman Honarvar, PhD, Deputy Head of the Next Gen Research, Robeco
Robeco Next-Gen Quant: Integration of AI and ML in the investment process
Main Hall
Parallel Sponsor Presentation - Louise Bonzano, Investment Specialist, International Equity Group, J.P. Morgan Asset Management
Navigating Volatility in Equity Markets
Amidst current market volatility, fundamental research focused on the long term provides a strong anchor to navigate markets. Discover latest insights from J.P. Morgan AM’s equity investors as we explore recent shifts in market leadership and strategic positioning designed to unlock long-term opportunities. Explore how using data and technology to craft cutting-edge tools empowers investors with clarity and confidence.
Lunch Break
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Joker Session - Navigating Uncertainty: Lessons from NASA?
- Prof. Dr. Thomas Zurbuchen
Moderator - Elena Manola-Bonthond, Chief Investment Officer, CERN Pension Fund
Parallel Sponsors Presentation - Philip Rauh, Head of Operations and Products, Infrastructure Equity, Swiss Life Asset Managers
Infrastructure Investments – Providing stability in uncertain times
Investors are faced with a multitude of uncertainties regarding inflation, interest rates, the stock market and the general geopolitical situation in the world. What role can infrastructure investments play in these troubled times? Will they continue to provide the stable returns to investor portfolios as they have in the past?
Parallel Sponsor Presentation - Christian H. Mueller-Glissmann, CFA, Goldman Sachs Asset Management
Dynamic approaches to long-term asset allocation
Market timing competes with time in the market. However, simple buy-and-hold 60/40 portfolios have performed less well since the COVID-19 crisis and face further headwinds from macro volatility. We present more dynamic approaches to both market timing and diversification for long-term investors.
Coffee Break
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Insurance Linked Investments from an institutional investor’s perspective
Eveline Takken-Somers, Lead PM for Insurance Linked Investments at PGGM
Closing Keynote - The World in Turmoil: Current Geopolitical Challenges
Christoph Heusgen, Chairman of the Munich Security Conference from 2022 to 2025
Closing Remarks with Final Poll Questions
- Jan-Ulrich Salchow, CFA, Committee Chair of Swiss Pensions Conference Zurich
- Mirjana Wojtal, PhD, CEO, CFA Society Switzerland
Apéro Riche
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CEO, CFA Society Switzerland
Senior Investment Consultant, ECOFIN Investment Consulting
Head Macro Strategy, Swiss Re
Executive Director - Senior Portfolio Manager, Pensionskasse, Credit Suisse Group (Schweiz)
Co-Chairman, Oaktree Capital Management
CIO, CERN Pension Fund
Head Private Markets, Swiss Federal Pension Fund PUBLICA
Managing Director Global Infrastructure & Private Natural Capital, APG Asset Management
Deputy Head of Next Gen Research, Director of Quant Research
Investment Specialist International Equity Group, J.P. Morgan Asset Management
Head of ETH Zürich | Space
Head of Operations and Products, Infrastructure Equity, Swiss Life Asset Managers
Deputy Head in the CILI team and the Lead Portfolio Manager of the Insurance portfolio
Goldman Sachs, Global Investment Research London
Chairman of the Munich Security Conference from 2022 to 2025
To register and purchase tickets, members and guests must register and log in with a CFA Institute ID number.
Swiss Pensions Conference is reserved for pension fund managers (foundation board, investment committee) and their staff, as well as their advisors (ticket price 75 CHF). A limited number of tickets are available for professional investors (ticket price is 150 CHF for members of CFA Society Switzerland and 300 CHF for non-members).
Financial service providers and their employees performing commercial functions are excluded from participation.
Registration is subject to approval.
A full refund will be granted if cancellation is made by the attendee online and is possible up to 10 business days before the conference. In the event of a postponement, participants can decide whether their tickets should be transferred to the new date or refunded in full. For media inquiries and press passes, please contact events@cfasocietyswitzerland.org.