Introduction and Review last Roundtable

Dr. Marc-André Schauwecker, President, SAMBA

Presentation of BLKB

Fabienne Hockenjos, Chief Investment Officer, BLKB

• Geopolitical uncertainty: Here to stay!
• Economic Outlook: No recession but slowing down
• Main Challenge for Investors: Markets still don’t compensate for Risk

Presentation of Quantex AG

Peter Frech, Fund Manager, Quantex AG

• On a pure bottom-up perspective, the stock market is not afraid of a recession
• The market has become extremely one-sided with its focus on U.S. tech stocks
• There are great opportunities in neglected segments like defensive stocks or Emerging Markets

Status SAMBA Portfolio Flex / Asset Allocation / Discussion

Mr. Markus Kaeser, SIS Group AG / all

• Feedback from the last Investment Core Group meeting
• What did we change during the last weeks in the SAMBA Flex Portfolio?
• Discussion & your proposals to improve the SAMBA Portfolio Flex allocation