The Capital Markets Summit 2026
Markets in an Age of Permanent Risk
The global macro regime is shifting across inflation, markets, and geopolitics. The Capital Markets Summit 2026 brings together the investors and policymakers navigating what comes next.
- Tuesday 6 October 2026
- CodeNode, The City of London
- 7.30am – 5pm + reception
- 20+ expert speakers
- 6 breakfast boardrooms & 6 workshops
- Complimentary (limited)
Trusted by the institutions who shape markets
One day, in the City, with the investors and policymakers setting the terms for 2027.
Why this summit is different
Independent
No consensus narratives.
Global
Not siloed by region.
Cross-regime
No robotic forecasts.
“No set-piece forecasts. No recycled narratives.”
“Where capital, policy, and theory collide.”
Where markets are mispriced
US policy is challenging traditional portfolios
Term premium is starting to shift higher as bond–equity correlations lose the negativity of the hyperglobalisation era. When will the equity market catch up? What will dethrone US profit exceptionalism?
TACOs leave equities unscathed but for how long?
The Fed vs the Bond Market
Any US re-acceleration will immediately come up against the new supply-side regime in the labour market. US productivity growth is secularly strong, but is it enough to offset structural labour market tightening?
The adjustment is shifting to the long end of the curve.
The Dollar Regime Is Breaking
The dollar smile worked when the US was either the growth engine or the global hedge. That framework is now breaking down.
Both risk-on and risk-off environments are beginning to challenge USD dominance.
Europe's Fiscal Pivot
Germany is no longer a constraint — it is becoming the driver. Markets are underpricing the scale, persistence, and political durability of fiscal expansion.
Europe doesn't need to become America — it just needs to stop being Germany-2015.
China's Structural Shift
China's "rolling ball of money" creates the signal — but something more structural is emerging. From overcapacity and exports to tech dominance and national security-driven policy.
This is no longer just a cyclical trade.
AI Phase II: From Hype to Diffusion
Phase I was infrastructure. Phase II is diffusion, pricing power leakage, and labour substitution.
The AI trade is shifting from a tech story to a macro reallocation story.
Speakers
Catherine L Mann
Member of the Monetary Policy Committee, Bank of England
Ricardo Reis
A. W. Phillips Professor of Economics, London School of Economics
Freya Beamish
Chief Economist, TS Lombard
Louis Mosley
Executive VP UK & EU, Palantir
Steve Brice
Global Chief Investment Officer, Standard Chartered Bank
Rupert Harrison
Senior Advisor, Portfolio Management, PIMCO
David Lubin
Michael Klein Senior Research Fellow, Global Economy and Finance Programme, Chatham House
SOASDaniela Gabor
Professor of Economics, SOAS
American UniversityValentina Bruno
Professor of Finance, American University
César Pérez Ruiz
Head of Investments & CIO, Pictet Wealth Management
Further speakers to be confirmed by the summit's Lead Partner and Gold Sponsor.
Agenda
Tuesday 6 October 2026 · CodeNode
Registration
- 08:00Registration opens
Breakfast boardrooms
08:10 · six parallel sessions · invitation only
Tariffs, sanctions, industrial policy, inflation and FX volatility – managing the impact
- Tariffs, sanctions and industrial policy are fragmenting the trading system and rewiring the international plumbing that investors have relied on for decades.
- How persistent supply-side shocks feed through to inflation, term premia and FX volatility, and why both risk-on and risk-off environments now argue against old portfolio assumptions.
- The latest scenario analysis and risk modelling techniques for a world in which policy, not markets, sets the terms.
- An interactive discussion over breakfast on how allocators are managing the impact in portfolios today.
Hosted by TS Lombard
Plenary: Triggers moving markets and impacting fund allocators today
- 11:00Networking Break
Deep-dive workshops
11:30 · six parallel sessions
Fund flows – are investors actually allocating away from the US or is TINA still going strong?
- What the flow data actually shows: is the rotation out of US assets real, or is There Is No Alternative still the dominant force in global allocation?
- Why US assets may no longer hedge global risk, and what fills the vacuum: Swiss franc, Bunds, gold, EM FX, volatility, or diversification itself.
- Whether the multi-decade underperformance of non-US markets is finally turning, and what that means for the hierarchy of regions.
- Practical implications for strategic and tactical asset allocation.
Hosted by TS Lombard
Lunch
- 12:20Lunch & Networking
Plenary: Themes shaping tomorrow's economy
- 15:20Networking Break
Plenary: The "Oracle" – navigating future trends in the age of permanent risk
- 17:00 onwardsNetworking reception
Event format
A day built for allocators
- Mixed format content + workshops
- Breakfast boardrooms
- Plenary sessions
- Deep-dive expert workshops
- Live demos in the exhibition
- Networking drinks
- Invitation-only sessions
10 South Place, London EC2M 7EB, United Kingdom
In partnership with
CFRA delivers independent, actionable intelligence trusted by leading wealth managers across the globe. Since 1994, we've served Europe's premier private banks, wealth managers, broker-dealers, asset managers, and custodians. Our research is built to the highest regulatory and quality standards for independent, conflict-free analysis.
CFRA provides granular depth and global breadth: deep qualitative coverage of 1,650+ equities, quantitative ratings across 13,000+, plus 3,900+ ETFs and 16,000+ mutual funds. Our analysts are sector specialists averaging 15 years of experience across multiple market cycles. Beyond coverage, CFRA offers idea generation and thematic research alongside top-down sector strategy and market outlooks. Our proprietary STARS system has consistently generated alpha across sectors and cycles.
Delivered at scale and built for integration, our research embeds seamlessly into your workflow — through APIs, direct platform integration, white labeling, customized data feeds, or redistribution to end clients.
Partnership opportunities
Interested in sponsoring the event?
Host a breakfast boardroom, a workshop or a main-stage session in front of the room.
Join us on 6 October
Markets in an Age of Permanent Risk · CodeNode, The City of London