FINANZ Podcast

Blockchain has moved from experimentation to real‑world deployment across several areas of finance. The speakers discuss how tokenised financial instruments, blockchain‑based settlement processes and new digital‑asset infrastructures are reshaping the industry. They explain how regulated entities approach custody, compliance and operational frameworks, and where blockchain is beginning to outperform traditional systems. At the same time, the conversation addresses the limits of current adoption: regulatory complexity, technological immaturity in certain segments, and the difficulty of aligning blockchain innovation with established banking processes. Listeners gain a clear, practitioner‑level understanding of both the opportunities and constraints shaping blockchain’s future in finance. 🔎 Key Topics: Real value creation through blockchain in finance Tokenisation of bonds and financial instruments Blockchain‑enabled settlement and modern infrastructure Digital‑asset custody and regulatory compliance Bridging traditional and digital financial markets Adoption challenges for regulated institutions Practical opportunities for banks and institutional investors 👤 Speakers:   Michael Eidel, CEO YAPEAL AG Hubert Grignon Dumoulin, Senior Expert Digital Assets, CACEIS Bank Luxembourg Raphael Haldner, Head of Banking Solutions, Bank Frick AG Daniel Maier, CEO & Co‑Founder, Chartered Investment Germany GmbH Tim Stingelin, Co‑Founder, T4 Capital 🔗 More podcast episodes and information:   www.finanz-ch.ch 📌 Further information on participating companies:   YAPEAL AG – https://yapeal.ch   CACEIS Bank Luxembourg – https://www.caceis.com   Bank Frick AG – https://www.bankfrick.li   Chartered Investment Germany GmbH – https://www.chartered-investment.com   T4 Capital – https://www.t4capital.ch DisclaimerDE: Der Inhalt dieser Folge dient der allgemeinen Information und ist keine Empfehlung zum Kauf oder zur Veräusserung bestimmter Finanzinstrumente. Alle Angaben sind ohne Gewähr und es handelt sich nicht um Anlageberatung. EN: The content of this episode is for general information purposes only and does not constitute a recommendation to buy or sell specific financial instruments. All information is provided without guarantee and does not constitute investment advice.

The discussion examines how ESG investing has entered a more complex phase. Regulatory tightening in Europe contrasts with anti‑ESG legislation in parts of the US, creating a fragmented global environment. The speakers address the lack of unified ESG definitions, the difficulty of comparing climate data across jurisdictions and the implications of political disagreement on sustainable finance. Listeners gain insight into how institutional investors can respond to these challenges through clearer frameworks, improved data transparency and robust ESG integration processes. The episode highlights where genuine opportunities remain — even amid uncertainty — and how investors can maintain credibility while adapting to a changing ESG climate. 🔎 Key Topics: Global divergence in ESG regulation and political attitudes Anti‑ESG legislation in the US vs. Europe’s regulatory rollback Greenwashing concerns and the need for clearer terminology Challenges in climate data comparability Transparent and practical ESG solutions for investors How to navigate uncertainty in sustainable finance 🔗 More podcast episodes and information:   www.finanz-ch.ch 📌 Further information on participating companies:   Payden & Rygel DisclaimerDE: Der Inhalt dieser Folge dient der allgemeinen Information und ist keine Empfehlung zum Kauf oder zur Veräusserung bestimmter Finanzinstrumente. Alle Angaben sind ohne Gewähr und es handelt sich nicht um Anlageberatung. EN: The content of this episode is for general information purposes only and does not constitute a recommendation to buy or sell specific financial instruments. All information is provided without guarantee and does not constitute investment advice.

Pzena’s investment philosophy centers on deep fundamental research and a strict valuation discipline. In this episode, Matthew Ring outlines how the firm evaluates absolute and relative valuations across Europe, why certain Swiss companies such as Barry Callebaut, Swatch Group, Julius Bär, UBS and Roche have historically fit their criteria, and which sectors currently present the most interesting dislocations. The discussion highlights how investors can benefit from Pzena’s bottom‑up approach, how macro conditions influence value opportunities, and why patience, conviction and rigorous analysis are essential in uncovering undervalued quality businesses. 🔎 Key Topics: Value investing in Switzerland and Europe Identifying strong companies with temporary challenges Absolute vs. relative valuations in today’s market Sector and country opportunities across Europe Case studies: Barry Callebaut, Swatch Group, Julius Bär, UBS, Roche How investors can benefit from disciplined value strategies 👤 Speaker:  Matthew J. Ring Principal, Director of Research and Portfolio Manager at Pzena Investment Management. Co‑portfolio manager for International Small Cap Focused Value, European Value and Global Small Cap Focused strategies. Joined Pzena in 2010 after senior roles in Industrials and Aerospace & Defense due diligence at Simat Helliesen & Eichner. Began his career as a design engineer at GE Aircraft Engines, holding a patent for the GEnx compressor case used in the Boeing 787. Holds degrees in Aerospace Engineering (University of Notre Dame), Mechanical Engineering (Ohio State University) and an MBA with honors from Columbia Business School. 🔗 More podcast episodes and information: www.finanz-ch.ch 📌 Further information on participating companies: Pzena Investment Management DisclaimerDE: Der Inhalt dieser Folge dient der allgemeinen Information und ist keine Empfehlung zum Kauf oder zur Veräusserung bestimmter Finanzinstrumente. Alle Angaben sind ohne Gewähr und es handelt sich nicht um Anlageberatung. EN: The content of this episode is for general information purposes only and does not constitute a recommendation to buy or sell specific financial instruments. All information is provided without guarantee and does not constitute investment advice.

Im ersten Teil werden die gesetzlichen Pflichten und Haftungsrisiken von Verwaltungsrat, Geschäftsleitung und Generalversammlung beleuchtet. Die Experten zeigen, wie ein wirksames IKS, klare Verantwortlichkeiten und strukturierte Compliance‑Prozesse helfen, Risiken zu minimieren. Der zweite Teil widmet sich den regulatorischen Neuerungen für 2026: strengere Transparenzpflichten, neue Anforderungen für Vermögensverwalter und Trustees sowie Entwicklungen rund um GwG, TJPG, InsV‑FINMA, Sustainable Finance und Krypto‑Regulierung. Im dritten Teil geht es um nationale und internationale Finanzsanktionen. Die Referenten erklären, wie Sanktionsregimes funktionieren, welche Risiken für Unternehmen entstehen und wie Digitalisierung, Monitoring und Compliance‑Systeme helfen, Sanktionen zu vermeiden und Geschäftsmodelle resilient zu gestalten. 🔎 Key Topics: Gesetzliche Pflichten & Haftungsrisiken für VR, GL und GV Risikominimierung, IKS, Compliance & Governance Regulatorische Neuerungen 2026 (GwG, TJPG, InsV‑FINMA, Sustainable Finance, Krypto‑Trends) Finanzsanktionen: nationale & internationale Entwicklungen Digitalisierung als Schutzfaktor gegen Compliance‑Risiken Praktische Handlungsempfehlungen für Unternehmen 👤 Speaker:Renato Stefani Verwaltungsrat, CEO, CFO und Wirtschaftsprüfer mit umfassender Führungserfahrung in nationalen und internationalen Unternehmen. Spezialisiert auf Accounting (Swiss GAAP FER, OR, IFRS), Revision, Compliance, Risikomanagement und IKS. MBA‑Abschlüsse von NYU Stern, LSE und HEC Paris. Geschäftsführer der TTP Consulting AG. Urs‑Louis Dietschy Jurist mit über 20 Jahren Erfahrung bei führenden Finanzinstituten (LGT, Julius Bär, ZKB, Merrill Lynch, Credit Suisse, EY). Spezialisiert auf Compliance, Risk Management und Legal. Mandatsleiter Risikomanagement / IKS / Compliance und Legal bei TTP Consulting AG. 🔗 Weitere Podcastfolgen und Informationen: www.finanz-ch.ch 📌 Weitere Informationen zu teilnehmenden Unternehmen: TTP Consulting AG: https://www.ttpconsulting.ch/ DisclaimerDE: Der Inhalt dieser Folge dient der allgemeinen Information und ist keine Empfehlung zum Kauf oder zur Veräusserung bestimmter Finanzinstrumente. Alle Angaben sind ohne Gewähr und es handelt sich nicht um Anlageberatung. EN: The content of this episode is for general information purposes only and does not constitute a recommendation to buy or sell specific financial instruments. All information is provided without guarantee and does not constitute investment advice.

The conversation provides a practitioner‑level perspective on the relevance of government bonds across regions, from US Treasuries to European and Swiss sovereign debt. The speakers discuss how monetary policy cycles, fiscal dynamics and geopolitical risks influence yields and term premia. They also address the implications of higher debt burdens, the resilience of safe‑haven flows and the role of sovereign bonds within multi‑asset strategies. Listeners gain insight into how fixed income leaders assess duration, creditworthiness and currency risks when constructing robust portfolios in a shifting macro landscape. 🔎 Key Topics: The changing role of government bonds in institutional portfolios Capital preservation, diversification and risk management Impact of interest‑rate policy and monetary cycles Currency risks across US, European and Swiss sovereign debt Rising debt levels and geopolitical tensions Credit quality differences and implications for allocation Duration management in a volatile macro environment 👤 Speakers: Sébastien Zöller, Head Fixed Income, Zürcher Kantonalbank Sébastien leads the Fixed Income division of Zürcher Kantonalbank, overseeing all active Swisscanto Invest bond strategies. He is a seasoned fixed income expert with extensive experience developing innovative solutions for low‑rate environments. His career spans senior roles at Credit Suisse in alternative fixed income and earlier work in interest‑rate derivatives trading. He holds an MA in Banking & Finance from the University of St. Gallen (HSG) and is a CFA charterholder. Agim Xhaja, PhD, Head of Fixed Income, BCV Agim joined BCV Asset Management in 2006 and manages Swiss and international bond portfolios. He previously worked in credit risk control and financial research at UBS and as a financial engineer at MAN Investment. With nearly 25 years of experience across fixed income, he holds a PhD in Finance from the FAME programme (now Swiss Finance Institute), a master’s in international economics from Geneva, and a mathematics degree from the University of Tirana. 👤 Moderation: Andreas Rothacher, CFA, CAIA Senior Investment Consultant and Head of Investment Research at Complementa AG. Andreas advises institutional investors on planning and monitoring their portfolios. He is co‑author of the Complementa Pensionskassen‑Studie, publishes regularly and serves on the Swiss Pensions Conference Committee of CFA Society Switzerland. He is also Chapter Head at CAIA Switzerland. 🔗 More podcast episodes and information: www.finanz-ch.ch 📌 Further information on participating companies:  Zürcher Kantonalbank, https://www.swisscanto.com/ Swisscanto Invest, https://www.swisscanto.com/ BCV Asset Management, http://bcv.ch/de/bcvzh Complementa AG, https://complementa.ch/ DisclaimerDE: Der Inhalt dieser Folge dient der allgemeinen Information und ist keine Empfehlung zum Kauf oder zur Veräusserung bestimmter Finanzinstrumente. Alle Angaben sind ohne Gewähr und es handelt sich nicht um Anlageberatung. EN: The content of this episode is for general information purposes only and does not constitute a recommendation to buy or sell specific financial instruments. All information is provided without guarantee and does not constitute investment advice.