Outlook 2019: Perspectives from Citi Private Bank – Citi – 12.18.18

Summary:

On Demand Soon.

Please join Steven Wieting, Citi Private Bank’s Chief Investment Strategist, as he shares the Private Bank’s Outlook for 2019 which focuses on three multi-year investment themes:

• Make your cash work much harder: Investing cash in income-yielding assets and reinvesting income can potentially enhance portfolio returns, preserve wealth, meet liquidity requirements, and improve diversification. We see numerous opportunities for generating income from fixed income and receiving distributions from alternative investments.
• Safeguarding assets: Today’s late-cycle conditions may be an opportune time to seek to safeguard your assets. To do so, we stress strategies that pursue market upside while shielding against downside, global diversification, and the prudent use of leverage.
• Unstoppable trends: Unstoppable trends are major, multi-year phenomena with the potential to transform the world around us. Among such trends, we think the rise of Asia, increasing longevity, and digital disruption could have far-reaching impacts upon your portfolios.

Speakers:

Steven Wieting is the Chief Investment Strategist at the Private Bank and is responsible for formulating macro investment views across asset classes. He also chairs the Global Investment Committee, which sets our tactical asset allocation positioning.

Before joining the Private Bank, Steven was Citi Research’s lead economist for its US institutional equities business.

During his time at Citi, Steven has examined credit, commodity and foreign exchange market in uences and provided the firm’s corporate earnings forecasts and macro level equity market insights. He was also Economic Advisor to the Morgan Stanley Smith Barney Global Investment Committee until early 2013 and a voting member of predecessor Asset Allocation Committees at Citi.

Prior to joining Smith Barney in 1996, Steven worked for Dow Jones and the US Department of Commerce.

Steven was awarded an M.S. in Quantitative Economics at Baruch College and also has acquired credits toward a Ph.D. in Economics at the City University Graduate Center.

Fabrice Hugon is Managing Director and Head of Americas Sales – Structured Investments for Cross Asset Solutions within Citi Markets and Securities Services. Based in New York, Fabrice leads a team of professionals covering North America and Latin America development and distribution of structured solutions across all retail client channels – consumer banks, RIAs, private banks and family offices.

Fabrice joined Citi in September 2018 in this capacity. Delivering Citi’s global capabilities into the target markets, Fabrice partners with colleagues across Citi’s institutional Clients Group to deliver Citi’s market-leading content, strategies, products and platform to clients. The product offering spans registered notes, deposits, OTC derivatives, funds, quantitative investment strategies and other bespoke investment solutions.

Fabrice has over 19 years of experience in financial services. Before assuming his current role, Fabrice was Head of Equity Derivatives Sales and Financial Engineering for Natixis, leading sales and product development in the Americas. Previously Fabrice was a Senior Managing Partner at Elkhorn where he was responsible for developing and designing Elkhorn’s range of structured products and other derivatives based solutions. Prior to this, Fabrice was Managing Director, Head of Equity Derivatives Sales for Americas within BNP Paribas, where he led the structuring of the first fund-linked structured product and deployed numerous derivatives, market-linked CDs and investment platforms in the U.S.. He began his career in capital markets with Societe Generale in London, later holding roles Luxembourg and New York.

Fabrice holds a Masters in Finance from the University of Paris. He is a frequent speaker at industry events and has been involved in the derivatives market since the birth of the structured product industry in the U.S. in early 2000.

Fabrice lives in Westchester New York with his wife and two sons.