Introduction

Dr. Marc-André Schauwecker, President, SwissMBAs

Presentation of LGT Private Banking

Dr. Wolfgang von Hessling, Chief Economist, LGT Private Banking

• A turbulent start to 2026: The first quarter has been marked by intense geopolitical tensions—from Venezuela to Iran and broader Middle East escalations—just as the global trade war dynamics of 2025 appeared to ease.
• Fundamentals vs. geopolitics: While geopolitics clearly matter, economic history suggests that strong underlying fundamentals tend to dominate, and it typically takes substantial disruption to derail an otherwise healthy global economic backdrop.
• Resilience vs. fatigue: The global economy has weathered significant headwinds in recent years; the key question now is whether this resilience is reaching its limits.

Presentation of Asset Management

Q&A