Heard in the Room
Welcome address to the Symposium
It is my pleasure to welcome distinguished academics, policymakers and our own investment professionals to the Pictet Research Institute’s (PRI) inaugural Symposium, a gathering that is taking place as the world becomes more complex and demanding for investors to navigate.
We established the PRI to foster healthy debate and incorporate greater intellectual rigour into our investment thinking and the Symposium represents an extension of this effort.
Let us be clear – our goal is not to reach consensus. Rather, we wish to engage in a thorough analysis of the challenges the world economy faces, the scenarios that might unfold and their investment implications.
The Symposium creates the ideal environment for such a debate to take place: we encourage participants to ask provocative questions and to challenge the ideas discussed by our speakers.
— Sébastien Eisinger, Managing Partner, Pictet Group, 23 September 2025
Dr Maria Vassalou, Prof. Markus K. Brunnermeier. Photography © Lea Kloos, 2025
We are at an inflection point of global geoeconomics as we transition to a new yet unknown equilibrium. Technology will be the name of the game and underscores much of the global competition for economic and geopolitical dominance.
Heard in the Room
Research papers by the Pictet Research Institute
The critical role of US debt sustainability in the world financial architecture