Emerging markets, emerging crisis?

VIII. Central and Eastern European (CEE) Regional Investment Conference

4 October 2019, Pesti Vigadó, Budapest, Hungary

About the event

CFA Society Hungary and CFA Institute are pleased to announce the VIII. Central and Eastern European (CEE) Regional Investment Conference, which will be held at Pesti Vigado in Budapest, Hungary on October 4th of 2019.

The CEE Regional Investment Conference is the top investment industry event in Hungary, organized and hosted by CFA Society Hungary with support from CFA Institute.

This one-day forum

will feature two key-note speeches and several presentations and panel discussions with notable speakers aiming to deliver opinions and perspectives on the current state and way forward in the CEE. region.

Speakers include

prominent economists, successful investors, decision makers and executive representatives of different business areas both from Hungary and abroad, who will share insights on monetary policy, economic outlook, fintech trends, sustainable investing and newest capital market developments in CEE. If you are interested in these topics this is a great opportunity to broaden and share your knowledge and experiences with several other professionals.

We trust

that the conference will be a productive platform to gain new insights, shape new investment ideas, strengthen collaborative efforts, and create unique networking opportunities.

More info

The International Central and Eastern European Investment conference is an annual event, which is held every year in a different European capital. It gathers leaders of the largest financial institutions from all over the world, international investment banks and funds, professional consultants and financial market specialists, as well as representatives of major businesses to discuss up-to-date topics of investment potential in the CEE region. The first CEE Investment Conference took place in Bucharest in April 2012 and was hosted in the subsequent years by Moscow (2013), Istanbul (2014), Kyiv (2015), Warsaw (2016), Sofia (2017) and Ljubljana (2018) gathering more than 300 influential investment professionals concentrating on the region.

CFA Society Hungary’s organizational process and events, including the CEE Investment Conference are free from direct corporate or political influence, making them a unique and independent networking environment. Secure your place as soon as possible.

2019.10.04 Budapest

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Keynote speakers

Keynote speaker

Gary Baker

Managing Director, EMEA, CFA Institute

30 years experience in investment research having managed and worked in research departments across UK, Europe, Australia, Asia and USA. Has been a top-ranked equity strategist and a regular presenter/ contributor in the press and on TV (CNBC, Bloomberg, FT, WSJ, BBC). A CFA charterholder having graduated from Cambridge University and served in the British ...read more...

30 years experience in investment research having managed and worked in research departments across UK, Europe, Australia, Asia and USA. Has been a top-ranked equity strategist and a regular presenter/ contributor in the press and on TV (CNBC, Bloomberg, FT, WSJ, BBC). A CFA charterholder having graduated from Cambridge University and served in the British Army during a gap year prior to university. Previously a succesful sportsman having played football and cricket to a high level and also having won Eton Fives championships at all major levels.

Keynote speaker

Dr. Mark Mobius

Partner at Mobius Capital Partners

Dr. Mark Mobius is seen by many as the founder of the emerging markets asset class. He has a reputation as one of the most successful and influential managers over last 30 years. In May 2018, with two ex-colleagues, he launched Mobius Capital Partners. The firm utilises a highly specialised active investment approach with an ...read more...

Dr. Mark Mobius is seen by many as the founder of the emerging markets asset class. He has a reputation as one of the most successful and influential managers over last 30 years. In May 2018, with two ex-colleagues, he launched Mobius Capital Partners. The firm utilises a highly specialised active investment approach with an emphasis on improving governance standards in Emerging and Frontier Market companies.

Keynote speaker

Tomas Sedlacek

Metropolitan University Prague

Author of Economics of Good and Evil, philosopher of economics Tomas Sedlacek gained international fame for his award-winning, bestselling book “Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Street” (Oxford University Press,2011) which was translated into 21 languages and received the prestigious German “Wirtschaftsbuchpreis” at Frankfurt Book Fair for ...read more...

Author of Economics of Good and Evil, philosopher of economics Tomas Sedlacek gained international fame for his award-winning, bestselling book “Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Street” (Oxford University Press,2011) which was translated into 21 languages and received the prestigious German “Wirtschaftsbuchpreis” at Frankfurt Book Fair for its original philosophical contribution to economics. He was listed among the top 100 most influential global thinkers (Top100 Thought Leaders, GDI).

Born in 1977 in Prague, Sedlacek became at the age of 24, an economic advisor of Czech president Václav Havel. Later he became a member of the National Economic Council, an advisory body to the Czech Prime Minister. During his fellowship at Yale University, YaleEconomic Review ranked him among five hot young minds in economics. He currently works as a chief macroeconomic strategist at Czech commercial bank CSOB.

Tomas Sedlacek was a member of Program Council for New Economic Thinking of World Economic Forum that meets in Davos and a member of an advisory body to EC president Barroso on New Narrative for Europe. He lectures at Charles University, Metropolitan University Prague and sits on boards of many non-profit organizations. In addition, he works as a columnist for leading Czech economic daily. A widely sought-after media commentator and an entertaining and engaging speaker, Tomas travels the world to debate burning questions of current economics with glitch mirrors from the deepest mythological past, philosophies, and beliefs which he likes to combine with a variety of other current fields.

Speakers

Bio
Linkedin

Dr. Barnabás Ács, Ph.D.

Head of ESG and Quant Investment Solutions EMEA at Refinitiv

Barnabas leads Refinitiv’s sales strategy team for Investment & Advisory Solutions in EMEA. Progressive capitalist, researcher and firm believer in smart automation, he is constantly exploring how the combination of data, finance and technology can help to make circular economy the new norm. Barnabas holds a Bachelors in Marketing & Market Research, a Masters in Financial Accounting and a Ph.D. in Statistics and Econometrics.

Bio
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Balázs Barna

Technical Lead, European Expansion @ TransferWise

Balazs holds degrees in Business Information Systems (BSc), and Computer Engineering (MSc).
He started his career as a software engineer at Morgan Stanley, then joined MSCI to rebuild it’s Corporate Events platform.
Currently he is leading the European Expansion at TransferWise.
The mission of the team is to make money transfers in Europe instant, and eventually free.

Bio

Richárd Dávid

CEO at ELÉT Zrt. (Budapest Stock Exchange subsidiary)

Richárd has recently been appointed as the CEO of ELÉT Zrt. (Első Értékpapírosítási Tanácsadó Zrt), a newly founded subsidiary of the Budapest Stock Exchange. Previously, he has gained corporate finance experience at different commercial banks, most recently he was leading the international large corporate coverage department of UniCredit Bank Hungary Ltd.

Bio
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Bálint Fischer

Head of Innovation at Dorsum

Balint Fischer graduated with a Master of Science Degree in Finance at the Corvinus University of Budapest. He started his career at Diofa Asset Management in the business development field, then worked in various management positions in treasury and brokerage business branches. In 2018, he joined Dorsum as Head of Banking Innovation, responsible for developing new banking applications and for asset management and digitization related research. From 2019 January, Balint is responsible for the complete innovation and international pre-sales activity of Dorsum.

Bio
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Péter Fáykiss

Director for Digitalization at the Hungarian Central Bank

He graduated in 2009 from Corvinus University of Budapest, meanwhile, he was already an adviser at IFUA Horváth & Partners dealing with financial institutions between 2007 and 2008. Between 2009 and 2013 he worked at the MNB, where he was the member of a group analyzing domestic effects of the European implementation of Basel III regulation. In 2013 he became the Deputy Head of Division for Financial Regulations of Ministry for National Economy, where he was mainly responsible for the domestic implementation of the European regulatory package CRD IV and for the preparation of the new Hungarian Banking Act. In 2014 he was appointed as the head of the Macroprudential Policy Department of the MNB, where he was responsible for the setting up of the macro-prudential toolkit (debt cap regulations, countercyclical capital buffer, capital buffer for a systemically important financial institution, systemic financing requirements). From 2017 he served as the head of the Macroprudential Directorate, and from 2019 he is the Director for Digitalization at the MNB. Since 2009 he has been a lecturer at several professional forums, university, and special college courses.

Bio
Linkedin

Eszter Gárgyán, CFA

Chief Economist for Hungary at Citi

Eszter joined Citi in July 2007 and during the past 11 years of his carrier with Citi she has provided economic research coverage for global and local clients and Citi management in close cooperation with the global Economic Research team.

Prior to joining Citi Eszter worked as an economist for OTP Bank in Hungary covering banking and economics in the Eastern Europe. Eszter has been awarded as the best overall forecaster for Hungary in the 2019 FocusEconomics Analyst Forecast Awards.

Bio
Linkedin

Juraj Kotian

Economist; Head of CEE Macro Research at Erste Group Bank; Member of Fiscal Council at Council for Budget Responsibility - Slovak Republic

Juraj Kotian is an economist and Head of Macro and Fixed Income Research for CEE at Erste Group Bank where he came from his previous positions of Chief economist and Head of Research of Slovenska sporitelna in 2007. His main areas of interest are macroeconomics, bond markets and governance of public finances. He has been member of various committees (Macroeconomic Forecasting Committee, Tax Revenues Forecasting Committee, Value for Money Committee) and Chairman of the Slovak Association of Slovak Economic Analysts for two terms. His background is Economic and Financial Mathematics (graduated at Commenius University) and he is a fellow of the Marshall Memorial Fellowship program of the German Marshall Fund of the United States. In 2018, Juraj Kotian was nominated by the Slovak president and approved by the Parliament as Member of Council for Budget Responsibility which is an independent fiscal institution.

Bio
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Daniel Morris

Senior Investment Strategist at BNP Paribas Asset Management

Daniel Morris is a senior investment strategist at BNP Paribas Asset Management (BNPP AM). In this role, he has responsibility for promoting collaboration between investment teams and formulating alpha-generating investment views across asset classes. Daniel’s wide-ranging experience encompasses advising clients and providing investment recommendations, as well as offering a strategic perspective to senior management and portfolio managers.

Prior to joining BNP, Daniel was managing director, global investment strategist at TIAA-CREF, where he was responsible for advising clients and portfolio managers on investment strategy and asset allocation. Prior to that, Daniel was global market strategist at JP Morgan Asset Management, senior equity strategist at Lombard Street Research, and US equity strategist at Bank of America Securities.

Daniel has 23 years of investment experience. He holds a BA in Mathematics from Pomona College, an MA in International Economics and Latin American Studies from Johns Hopkins University, as well as an MBA from The Wharton School of the University of Pennsylvania. Daniel is a CFA Charterholder.

Annamária Németh

Manager of FSI Strategy & Operations, Digital at Deloitte
Bio
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Radim Radkovsky

Director, Sector Expert, Alternative Infrastructure Assets at Fitch Ratings

Radim Radkovsky is a Director in the Global Infrastructure Group (GIG) at Fitch Ratings. He is based in London and his primary area of focus within the group is rating project finance and transportation infrastructure. Radim is also Sector Expert on Alternative Infrastructure Assets.

Bio
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Arvind Ramakrishnan

Director, Sovereigns and Supranationals at Fitch Ratings

Arvind is a Director at Fitch Ratings, in their Emerging Europe sovereign team, based in Frankfurt, Germany. He is the primary credit analyst on a number of central and eastern European sovereign credits, including Poland. Arvind joined Fitch from Goldman Sachs, where he was the head of the Sovereign Credit Research Group within Credit Risk Management, based in Singapore.

 

Prior to that, he worked as a political risk analyst in the UK, at Verisk Maplecroft and Exclusive Analysis (now part of IHS). Arvind started his career as a television journalist in India, working with CNBC and CNN-IBN. He has a Master’s degree in History of International Relations from the London School of Economics, and a Post-Graduate Diploma in Mass Communication, and a Bachelor of Engineering from universities in India.

Bio
Linkedin

Róbert Rékási, CFA, CIPM

President of CFA Society Hungary

Róbert Rékási, CFA, CIPM is the President of CFA Society Hungary. Róbert works at the Central Bank of Hungary as the Head of Foreign Exchange Reserves Management department. He has 18 years of experience of the financial markets serving in various positions in the central bank. His current role is to manage the country’s foreign currency liquidity and international reserves to support monetary policy and financial stability. He has been a proud CFA Charterholder and serving as a volunteer since 2009.

Bio
Linkedin

István Kovács

Fintech Partnerships Manager at Raiffeisen Bank International AG

Responsible for Fintech partnerships in Raiffeisen Bank International, one of leading banking group in Austria and in Central & Eastern Europe. Istvan is working in the Elevator Lab team – RBI’s group-wide fintech partnership program. See more: http://www.elevator-lab.com/ Istvan was born in Hungary and studied International Business Relationships in Austria.

Saurabh Sharma, CAIA

Investment Director, Fidelity International

Tomas Vysny

Co-founder at The Booster Labs

Moderators

Bio
Linkedin

Tamás Pletser, CFA

Equity Analyst - Oil&Gas at Erste Bank Investment

Tamas Pletser is Erste Group’s Oil&Gas Equity Analyst covering EMEA stock markets. Tamas prepares research papers for Erste institutional and retail equity investors and help to select oil&gas investments as a sell-side analyst. The covered equities include PGNiG, PKN Orlen and Lotos Group from Poland, OMV from Austria, Unipetrol from the Czech Republic, Romgaz and OMV Petrom from Romania, NIS from Serbia, Tupras, Petkim and Aygaz from Turkey. Tamas had started oil&gas research since 2000. He is also a CFA charterholder since 2002. Besides his main activities, he regularly writes, speaks and writes interviews about the European oil and gas markets and the development of the global crude oil prices.

Bio
Linkedin

István Horváth, CFA

Director Private Banking Services at K&H Bank

István studied economics and finance at universities in Austria, Germany and Hungary and attended an executive programme at INSEAD. He is a CFA charterholder since 2004. He started his career in the investment management indusrty in 1997 and served as strategyst, portfolio manager and chief investment officer at asset management companies in Austria and Hungary. He has contributed to the work of different financial services industry organizations and is currently member of the Index Committee of the Budapest Stock Exchange. He is Director of Private Banking Services at K&H Bank since 2016.

Bio
Linkedin

István Al-Hilal, CFA

Sales Director at Fidelity International

Istvan is an economist with an MSc in International Business and he is also a CFA Charterholder. He works as a Sales Director at Fidelity International, is responsible for selective CEE markets and has been based in Vienna since 2012. Prior to Fidelity, he used to work for Pioneer Investments and Citibank in various roles.

János Pereczes

Managing Director at MKB Fintechlab
Bio
Linkedin

Ákos Kuti, CFA

Deputy CEO at Danube Capital Research & Analytics Zrt.

Akos is the Chief Economist of MKB Bank Nyrt. where he is responsible for managing the Research Team focusing on macroeconomic and investments analysis. Akos is a deputy CEO at Danube Capital R&A Zrt.; which company is part of the MKB Financial Group and is focusing on supporting SMEs with company valuation, sectorial research and macroeconomic advisory. Prior to this Akos has held multiple Research positions at Hungarian investment companies since 2005. He is also a CFA charterholder since 2016. Akos is also a regular mentor in MKB Fintechlab’s incubation program and has an important role by helping MKB Fintechlab’s recruiting processes with strategic inputs.

Agenda

  • Registration & Networking Breakfast

  • Greetings

    Róbert Rékási, CFA, CIPM

    President of CFA Society Hungary
  • Opening Remarks

    Gary Baker

    Managing Director, EMEA, CFA Institute
  • “Be greedy when others are fearful.”

    An Outlook on Emerging Markets

    Emerging markets have suffered a downturn in 2018. The threat and then reality of a trade war, accompanied by a strengthening dollar, have contributed to a bear market. Currencies have weakened in the vast majority of developing nations. Many market participants have been holding off investing amid the recent volatility. However, in his presentation, Mark Mobius provides an outlook on emerging markets that is far from gloomy. The recent crisis has created great opportunities: Valuations are low and devaluated currencies offer attractive prices for overseas investors. At the same time emerging and frontier markets continue to be the fastest-growing economies in the world. Cutting-edge innovation today is often coming from the developing world. Especially many small and mid-cap companies offer an above average growth potential for active investors.

    Dr. Mark Mobius

    Partner at Mobius Capital Partners

    Tamás Pletser, CFA moderator

    Equity Analyst - Oil&Gas at Erste Bank Investment
  • Networking Coffee Break

  • When It Comes to Macro Outlook

    What are the Headwinds and Tailwinds for the CEE Economies?

    Trade wars, Brexit, the climate challenge all possibly lead to a new world order where the economies of Central and Eastern Europe will have to find a different economic model to maintain welfare and economic convergence. What will be the possible winning and losing economic policies? Where is the largest pressure to change the region’s economic model? What will be the winning investment strategies to navigate these trends?

    Tomas Sedlacek

    Metropolitan University Prague

    Juraj Kotian

    Economist; Head of CEE Macro Research at Erste Group Bank; Member of Fiscal Council at Council for Budget Responsibility - Slovak Republic

    Daniel Morris

    Senior Investment Strategist at BNP Paribas Asset Management

    Arvind Ramakrishnan

    Director, Sovereigns and Supranationals at Fitch Ratings

    Eszter Gárgyán, CFA

    Chief Economist for Hungary at Citi

    István Horváth, CFA moderator

    Director Private Banking Services at K&H Bank
  • Lunch Break

  • New Investment Approaches and Alternative Investments

    What´s new in investing? New non-traditional trends are shaping the investment industry. We explore a wide range of areas from hot topic ESG, through thematic investing and debt securitization to new ways of alternative infrastructure investing.

    Richárd Dávid

    CEO at ELÉT Zrt. (Budapest Stock Exchange subsidiary)

    Saurabh Sharma, CAIA

    Investment Director, Fidelity International

    Radim Radkovsky

    Director, Sector Expert, Alternative Infrastructure Assets at Fitch Ratings

    Dr. Barnabás Ács, Ph.D.

    Head of ESG and Quant Investment Solutions EMEA at Refinitiv

    Bálint Fischer

    Head of Innovation at Dorsum

    István Al-Hilal, CFA moderator

    Sales Director at Fidelity International
  • Networking Coffee Break

  • The Era of Fintech

    Future of Financial Services

    What is the role of banks in the financial services sector and who will own the customer in the 21st century? What does owning the customer even mean?

    Balázs Barna

    Technical Lead, European Expansion @ TransferWise

    István Kovács

    Fintech Partnerships Manager at Raiffeisen Bank International AG

    Péter Fáykiss

    Director for Digitalization at the Hungarian Central Bank

    Tomas Vysny

    Co-founder at The Booster Labs

    Annamária Németh

    Manager of FSI Strategy & Operations, Digital at Deloitte

    János Pereczes moderator

    Managing Director at MKB Fintechlab

    Ákos Kuti, CFA moderator

    Deputy CEO at Danube Capital Research & Analytics Zrt.
  • Closing Remarks

    Róbert Rékási, CFA, CIPM

    President of CFA Society Hungary

Presentations

Panel

“Be greedy when others are fearful.”

Speaker

Dr. Mark Mobius

Partner at Mobius Capital Partners
Download
Panel

New Investment Approaches and Alternative Investments

Speaker

Saurabh Sharma, CAIA

Investment Director, Fidelity International
Download
Speaker

Radim Radkovsky

Director, Sector Expert, Alternative Infrastructure Assets at Fitch Ratings
Download
Speaker

Dr. Barnabás Ács, Ph.D.

Head of ESG and Quant Investment Solutions EMEA at Refinitiv
Download
Panel

The Era of Fintech

Speaker

Balázs Barna

Technical Lead, European Expansion @ TransferWise
Download
Speaker

István Kovács

Fintech Partnerships Manager at Raiffeisen Bank International AG
Download

Buy tickets

  • Regular

    45 000 HUF approx. 135 EUR VAT included
    Closed
  • Member of CFA Society Hungary

    5 000 HUF approx. 15 EUR VAT included
    Closed
  • Member of another CFA Society

    15 000 HUF approx. 45 EUR VAT included
    Closed
  • CFA Candidate

    15 000 HUF approx. 45 EUR VAT included
    Closed

Please note, that tickets are distributed on first come first served basis.

Budapest Vigadó

It provided a venue not only to concerts by Strauss, Liszt, Erkel, Wagner, Bartók and Dohnányi, but also to the first Hungarian exhibition organised by the association Art Society of Pest, to the first representative parliamentary session, to the presentation of Louis Bleriot’s aeroplane XI to the general public, and to the most popular balls in any age.

Partners

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Budapest

  • Parliament
  • Széchenyi Bath
  • Buda Castle
  • Gellért Hill
  • Heroes' Square
  • Ferris Wheel
  • Architectural masterpiece

    The Gothic outline of Parliament is one of Budapest’s most familiar landmarks, dominating an elegant curve of the Danube close to central Pest. This architectural masterpiece was designed by Imre Steindl to stand 96 metres tall, in line with the Hungarian millennial celebrations of 1896, when it was inaugurated.

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  • Ornate spa complex

    Along with the Gellért, these are the most popular (and expensive) baths in town, jam-packed with tourists in high season and over Christmas. Planned from 1868, completed in 1913, the spa is both a neo-Baroque landmark and feat of water engineering, Vilmos Zsigmondy siting the outlets on the northern flank of Városliget park close to Budapest Zoo.

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  • About Buda Castle

    Nowadays, Buda Castle has been converted from the residence-styled and furnished Palace it was. It now houses two of the most important things in the nation of Hungary, The Hungarian National Gallery, a collection of some of the most famous and important artwork to have come out of Hungary, and the Budapest History Museum.

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  • Panoramic view

    The hill was named after bishop Gellért, who was thrown to death from the hill by pagans in the fight against Christianity in 1046. His statue, which faces Elizabeth Bridge and holds a cross, can be seen from many parts of Pest. At the top of the hill is the Citadel, a fortress built by the Habsburgs after defeating Hungary's War of Independence in 1849.

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  • Largest square

    Laid out in 1896 to mark the thousandth anniversary of Hungary, Heroes' Square (Hősök tere) is the largest and most impressive square of the city. Located at the end of Andrássy Avenue and next to City Park, Heroes’ Square is one of the most visited sights in Budapest.

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  • Budapest Eye

    The Budapest Eye’s gondolas are half-closed so that riders can enjoy unobstructed vistas from their compartment while remaining safely contained. Even those who do not ride the Budapest Eye can still enjoy it, as the Ferris wheel’s LED-light display will provide a beautifully rotating backdrop to the downtown scene at night.

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