Cutting-edge ideas in the world of philanthropy were showcased yesterday – often with a particular focus on the plight of women – at a forum hosted in St Moritz by UBS.
Cutting-edge ideas in the world of philanthropy were
showcased yesterday – often with a particular focus on the plight of women – at
a forum hosted in St Moritz by UBS.
This is the tenth such global forum on philanthropy that UBS
has held. The forum concludes after a further set of sessions today.
Clients of the Zurich-listed bank, philanthropy leaders and
policymakers from around the world gathered in the famous Alpine resort, for a
two-day event that is designed to highlight current major issues such as “impact
investing”, “venture philanthropy” and the practical processes involved in
setting up philanthropic campaigns.
Sister publication WealthBriefing was the exclusive
media partner to
cover this event and your correspondent was moderating a panel discussion
today around the topic, "Philanthropy & Investing - Broadening the Opportunity for Impact."
The Swiss bank’s event is a sign of how such wealth
management firms realize that philanthropy, far from being a peripheral issue
for high net worth and ultra high net worth clients, is becoming an
increasingly regular topic. Philanthropy can be a way to engage with clients at
a more emotional level and is also seen as a good way to engage with younger
Among those speaking at the event were Vuslat Doğan Sabancı,
chairwoman, Hürriyet, Turkey; Carolina Müller-Möhl. Other
speakers were Alexander Friedman, global chief investment officer, UBS; Kathryn
Shih, CEO, UBS Wealth Management, Asia-Pacific, Melanne Verveer, US
Ambassador-at-large for global women’s issues and Michael Kimmel, Professor, State
University of New York.
This publication will provide further reports on the
discussions at the event in due course.