Max Castelli

Max Castelli, Head of Strategy for Sovereign Institutions at UBS Asset Management, and Phillipp Salman, Director of Strategy for Sovereign Institutions, delve into how political shifts are shaping sovereign investment strategies. They discuss the implications of Trump's policies and the U.S. dollar's future in a changing economic landscape. There's insightful chatter on AI's role in transforming markets, particularly regarding the Magnificent Seven stocks, and the need for diversification in investment portfolios as central banks respond to these dynamics.

In this engaging discussion, Max Castelli, head of strategy for sovereign institutions at UBS Asset Management, delves into the evolving role of the U.S. dollar against a backdrop of potential dedollarisation. He highlights Saudi Arabia’s notable decision to join the mBridge multi-currency CBDC platform, exploring the implications for the dollar's future and the competition posed by emerging currencies like the RMB. Castelli analyzes the risks to dollar supremacy amid global geopolitical shifts and innovations in financial systems.