SACC & ABCS Webinar 29 Sept – Business and Investment Trends between Australia and Sweden in a post-COVID world

On 29 September the SACC and ABCS (Australian Business Council of Sweden) will join forces to bring you our first ever joint webinar where Bernard Philip, Australian Ambassador to Sweden and Henrik Cederin, Swedish Ambassador to Australia will host a meet-and-greet of Sweden in Australia and Australia in Sweden.

They will be joined by Martin Ekberg, Trade & Invest Commissioner and Country Manager to Australia, New Zealand & the Pacific Islands and Jennifer Mackinlay, Senior Trade and Investment Commissioner for UK, Ireland & Nordics where they will discuss business and investment trends between the two countries.

The event will kick off with the Chairmen of the two Chambers briefly introducing their organisations. In the proceeding webinar you can expect to learn how the size, scope and focus of international investments will change in a post-COVID world and what the implications will be for Swedish/Australian businesses. The speakers will also discuss how trade flows, sourcing strategies and manufacturing footprints will be impacted.

Speakers:

  • Bernard Philip, Australian Ambassador to Sweden
  • Henrik Cederin, Swedish Ambassador to Australia
  • Martin Ekberg, Trade & Invest Commissioner and Country Manager to Australia, New Zealand & the Pacific Islands
  • Jennifer Mackinlay, Senior Trade and Investment Commissioner for UK, Ireland & Nordics
  • Warren Campbell, Chairman Australian Business Council of Sweden
  • Jan Gardberg, President of Swedish Australian Chamber of Commerce

This session will be moderated by Teresia Fors, SACC Vice President 

When: 29 September 2020 at 16:30 – 17.30 AEST (08:30 – 09:30 CEST)
Where: Zoom

REGISTER HERE
Instructions on how to connect to the webinar will be sent out once registered. There is no cost attached to this webinar.

The SACC and ABCS will continue our collaboration and aims to bring you another webinar in the near future where we will take a deeper dive into some of the topics raised during this session.

Emerging stronger on the other side – What awaits us at the end of the pandemic?

On 24 September the SACC teamed up with the Swedish Chambers in the UK and Europe for this high profile virtual event “Emerging stronger on the other side”. The discussion focused on the preparation for normalcy after the pandemic for business and society. The conference featured a line-up of prominent speakers, all experts within their respective fields, including Cecilia Malmström, Visiting Professor at University of Gothenburg, and former EU Trade Commissioner, Carl-Henric Svanberg, Chairman of Royal Swedish Academy of Engineering Sciences, and Chairman of Volvo Group, Ylva Berg, CEO of Business Sweden and James Sproule, UK Chief Economist at Handelsbanken. The discussions were moderated by Nik Gowing, Director and Founder of Thinking the Unthinkable and former BBC news anchor.

All participants to the discussion seemed to agree that the pandemic we currently find ourselves in will not have a clear ending. Ylva Berg concluded that ‘the other side’ will not look like what we were used to seeing before the pandemic. “I think the pandemic has affected all parts of our society in a profound way – our personal lives and business lives, but also the geopolitical and global society in a way which is something that we will have to get used to and live with for some time.” Reiterating what Cecilia Malmström and Carl-Henric Svanberg had earlier touched upon, Ylva stated that there is good transformation taking place right now at a rapid pace and that we should plan for the worst and hope for the best. “If we have a more positive view and really try to fight for that, we can both see business opportunities and also use what we have learnt during the pandemic and apply that to other areas in society.”

While starting off by stating that the UK is facing the worst recession since the second world war, James Sproule expressed optimism regarding the future. “I think that global trade and globalisation will turn more towards the sharing of ideas rather than the transfer of goods. The big driving force in the future is going to be the desire of people to talk to one another, to share ideas, processes and approaches. The people who do well in the long-term and are not the strongest but the most adaptable. I see a great deal of adaptability within many European economies and societies and I think that’s ultimately a huge strength.”

Responding to the question of what businesses will emerge stronger post-pandemic, and what the positive societal effects the pandemic will bring, Carl-Henric Svanberg concluded that digitisation offers tons of opportunities. “No one can predict exactly what the future holds and what jobs will actually emerge, but by giving entrepreneurs the right opportunities and making sure that the infrastructure is there, they will create a ton of jobs.” He also stated that we will not see a greening of economies unless we also manage to successfully digitise. “Almost every green idea that comes up is based on new technology.”

Cecilia Malmström concluded that it is necessary for politicians, government and businesses in western democracies to realise that there is something on the other side and that we must come out stronger. “It is not the first time we face a pandemic, it will not be the last time, and there will also be other huge crises. This is an opportunity to really get together and to formulate new visions and make sure that they are broadly anchored into different parts of society. It may sound a bit banal but I think that’s the only way forward.”

Did you miss the chance to attend the webinar? We have made it available on Youtube in its entirety, where you can listen in on the discussions.

Watch the webinar on Youtube

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Emerging stronger on the other side – What awaits us at the end of the pandemic? Virtual event 24 Sept

The SACC has teamed up with the Swedish Chamber in the UK and Europe for this high profile virtual event.

Emerging stronger on the other side featuring Cecilia Malmström, Visiting Professor, University of Gothenburg and former EU Trade Commissioner, Carl-Henric Svanberg, Chairman, Royal Swedish Academy of Engineering Sciences and Chairman, Volvo Group, Ylva Berg, CEO, Business Sweden and James Sproule, UK Chief Economist, Handelsbanken.

Society and businesses are approaching a new normal in the wake of the pandemic and the ensuing financial crisis. With it comes new consumers, new behaviours, new conditions for and new ways of doing business. What will it mean for us all, and how do we make sure to emerge stronger on the other side?

The discussions are moderated by Nik Gowing, Director and Founder of Thinking the Unthinkable and former BBC news anchor.

Don’t miss out secure your spot today.

Date: Thursday 24 September

Time: 7 pm AEST

SACC members: Free
YP members: Free
Non-members: £15 

Important: SACC/YP members please mark the box “SCC Member” and refer to your membership with SACC/YP in the comments box when signing up.

Please register for the webinar by using the booking form here.

Upon registration, you will be sent information on how to connect to the webinar.

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Summary of Crypto Currency Webinar 17 September

Cryptocurrencies are used to conduct international financial transactions online without interference from financial institutions and governments. The interesting thing about cryptocurrency is that the industry is still very young and that the space is always evolving. New cryptocurrencies are popping up every day with certain projects clearly using blockchain technology better than others.

This webinar was an introduction to cryptocurrency, we talk about the history and background and answered questions like, what is cryptocurrency and why was it invented? We got an insight into the industry and market of cryptocurrency and the difference between fintech and cryptocurrency. We focused in on the largest cryptocurrency Bitcoin, explaingin how it works and why Bitcoin the largest.

The session was moderated by Linda Stanojevic, Director Avenue’s PMO, Sydney and our topic experts were:

  • Henrik Andersson, Chief Investment Officer at Apollo Capital, Melbourne 
  • Eric Wall, Chief Investment Officer at Arcane Assets, Sweden
  • Kalle Rosenbaum, Author and Bitcoin Consultant at Popeller AB, Sweden

Here are some more of the questions covered in the session:

  1. Crypto Currencies have been criticised for having no intrinsic value since they are not backed by anything. However, on a philosophical level, one can argue that gold does not have much intrinsic value either. In the end, the value of something is determined by what someone else is willing to pay for it. However, with Crypto Currencies the situation is more complicated. The barriers to entry are not too high with more than 4,000 cryptocurrencies in existence. In theory, you can have an infinite number of different Crypto Currencies with an infinite number of Crypto Coins created. Does this have an implication for the long-term value of Crypto Currencies?
  2. While 4,000+ Crypto Currencies are in existence, most of them are micro caps. Is there a long-term argument for having that many Crypto Currencies in the market? In other words, why would you look beyond the largest Crypto Currencies? 
  3. Different Asset Classes appeal to different type of investors. Stocks and bonds are bought by both retail and professional/institutional investors. Investments in Venture Capital, Private Equity and FX (currencies) are usually done by professional/institutional investors. What is driving the investment in Crypto Currencies? What type of investment horizon do investors hold?
  4. When investing in traditional Asset Classes such as stocks, advanced investors do stock picking while less advanced buy funds or ETFs. Are there fund/ETF equivalents in the Crypto Market? Are they viable investment vehicles considering counter-party risks?
  5. Similar to the traditional Finance Industry where brokerages have gone bust (Lehman Brothers), so have also Crypto Currency brokerages/exchanges gone bust. What recommendations do you have regarding selecting exchanges/brokerages for Crypto Currency trading? Is a cold wallet a must? 
  6. Currency trading is significant among institutional and professional investors. Besides so-called Stable Coins that have been specifically designed to peg their value against something else (e.g. US Dollars), Crypto Currencies have exhibited extreme volatility over time. Bitcoin value to AUD changed by $4 just in July. Do you see Crypto Currencies such as Bitcoin start stabilising and behaving like normal currencies? In what time frame and why?

Listen to the full webinar and the interactive Q&A session here.

Moderator:

Linda Stanojevic, Director Avenue’s PMO, Sydney

Linda has comprehensive experience in financial services, start-ups, and telecommunications. She has worked with technology and product innovation in Telecommunications (Ericsson), traditional Financial Services (CBA, Westpac), FinTech and NeoBanks. She has a Master of Science in Engineering from the Royal Institute of Technology in Stockholm and is currently building a new Australian Business Bank, Avenue, together with a lean start-up team in Sydney.LinkedIn: www.linkedin.com/in/lindastanojevic/

 

 

 

Panellists: 

Henrik Andersson, Chief Investment Officer at Apollo Capital, Melbourne

Henrik has over 17 years experience in global financial markets, with almost a decade on Wall Street. Henrik has extensive experience across three continents as a quantitative analyst, senior research analyst and in institutional equity sales. Henrik holds a Master of Science in Engineering Physics from the Royal Institute of Technology (KTH) and a Master of Science in Business Administration and Economics from Stockholm University. Henrik is a CFA charter holder. LinkedIn: www.linkedin.com/in/henrikandersson/

 

 

 

Eric Wall, Chief Investment Officer at Arcane Assets, Sweden

A well-known cryptocurrency expert in Sweden and internationally. He is the former head of blockchain and cryptocurrency at Cinnober. Eric holds a MSc in Engineering, Information and Communication Engineering Technologies from Lund University, and wrote his master’s thesis about blockchain technology. LinkedIn: www.linkedin.com/in/ercwl/

 

 

 

 

Kalle Rosenbaum, Author and Bitcoin Consultant at Popeller AB, Sweden
Kalle Rosenbaum is the author of Grokking Bitcoin, a technical odyssey of Bitcoin. He is a Bitcoin technology expert, working mostly
with software development in the Bitcoin space. Kalle founded Popeller, a Bitcoin consultancy firm, in 2015. LinkedIn: www.linkedin.com/in/kallerosenbaum/