Global Market Outlook H1 2023

Actionable insights into key investment themes directly from top industry leaders and Credit Suisse experts.

New realities, new horizons

March 2023 | Sydney, Melbourne & Brisbane

2022 was a year of exceptional turbulence. Inflation soared, and war broke out in Europe. The US Federal Reserve, the RBA and other major central banks increased interest rates aggressively. This reversal of more than a decade of easy monetary policy has reset expectations for global growth. While a strong US dollar has been challenging for emerging markets it has been a positive for Australian commodity exporters. At the same time, China’s economy, which had been hampered by Covid lock downs, appears to be gaining momentum.

Listed markets sold off aggressively in 2022, but have started the new year strongly. Private equity and credit markets have proven resilient. In particular, businesses exposed to progress in the climate change fight, have and will continue to present attractive investment opportunities. Technologies related to clean energy, clean infrastructure, and climate resilience are set to benefit from an unprecedented $369 billion of public spending and tax credits in the U.S due to the Inflation Reduction Act.

While many countries face potential of recession in 2023, a turning point will come. When will global macro concerns ease? Investors have been defensively positioned to weather the storm, but is it time to change course? How can investors take advantage of early stage opportunities in the ongoing journey to net zero?

Credit Suisse’s Australia Market Outlook Seminar aims to help investors navigate this uncharted territory – and capture the opportunities emerging in 2023 for Australian investors. Speakers include John Woods, Chief Investment Officer Asia Pacific, Sven-Christian Kindt, Head Private Equity Portfolio Solutions and Andrew McAuley, Chief Investment Officer Australia.

Speakers

John Woods

Chief Investment Officer Asia Pacific, Credit Suisse

Mr. John Woods is a Managing Director of Credit Suisse in the Wealth Management Asia Pacific Division, based in Hong Kong. As the Chief Investment Officer, he is responsible for developing regional discretionary and advisory investment strategies across asset classes and within asset classes for private and institutional clients in Asia Pacific. Mr. Woods serves as a voting member of the Global Investment Committee based in Zurich, and chairs the Regional Investment Committee, APAC.

Before joining Credit Suisse in September 2015, Mr. Woods was Head of Fixed Income at Citi Investment Management and Citi Private Bank's Managing Director and Chief Investment Strategist Asia Pacific. Prior to that, he worked at HSBC for 11 years and held senior positions in the Investment Bank including Global Head of Credit Research and Strategy, and Head of Absolute Return Proprietary Trading. Mr. Woods brings to Credit Suisse 25 years of professional experience in Asia Pacific's equity, fixed income and currency markets, with special focus on asset allocation and asset management.

Mr. Woods holds a Masters degree in Asia Pacific Studies from the School of Oriental and African Studies of the University of London.

Sven-Christian Kindt

Head Private Equity Portfolio Solutions, Private Markets Group, Credit Suisse

Sven-Christian Kindt is a Managing Director of Credit Suisse based in Zurich. He is the portfolio manager of Credit Suisse’s core private equity program Seasons Global as well as the portfolio manager of Credit Suisse’s Climate Innovation Fund. In addition to these proprietary programs, he oversees bespoke private equity portfolio solutions, including impact mandates, for private clients, family offices and foundations. Since joining the Private Markets Group in 2010, he has been responsible for facilitating over USD 15 billion of capital commitments.

Prior to joining, he was a member of the Private Funds Group at Credit Suisse in London, responsible for private equity fund due diligence activities in the EMEA and APAC regions. Before joining Credit Suisse in 2008, he worked as a management consultant at Bain & Company in London, Johannesburg and Sydney, and at A.T. Kearney in London.

Mr. Kindt holds degrees from ESCP Europe and the University of Michigan’s Ross School of Business.

Andrew McAuley

Chief Investment Officer Australia, Credit Suisse

Mr. Andrew McAuley is a Managing Director of Credit Suisse Wealth Management Australia. As Chief Investment Officer, he is responsible for developing discretionary and advisory investment strategies across multi asset class portfolios for clients in Australia. He is also Head of Investment Solutions and Products, managing the team responsible for delivering investment solutions to clients.

Andrew has been investing on behalf of clients for over 25 years and was the founder of the Credit Suisse Discretionary Portfolio Management service in Australia, which has consistently delivered strong performance for clients. He has managed single and multi asset class portfolios for major superannuation funds, institutions, ultra-high net worth individuals, not for profits and private clients and is Chairman of the Australian Investment Committee.

Andrew is a Chartered Accountant, having previously worked in business services and audit at KPMG. He holds an Economics degree from the University of Sydney and a Diploma in Applied Finance and Investment from the Finance and Securities Institute of Australia.