March 31 - April 1 2026 | New York Marriott, Brooklyn Bridge

Decode the Market. 
Build the Future.
Capture the Alpha.

Michael J. Sager

Michael J. Sager

MD and Chief Investment Officer, Multi-Asset & Currency CIBC

Dr. Sager is Managing Director & Chief Investment Officer of Multi-Asset & Currency Management. Leading the team and continuing to enhance its investment processes and capabilities are his twin principle objectives. Dr. Sager also partners with all CIBC distribution channels to deliver targeted thought leadership, education, and investment advice to clients and consultants. Prior to joining CIBC Asset Management in 2018, Dr. Sager was an Asset Allocation Consultant at Alignvest Investment Management. Before that he was a Senior Portfolio Manager at the Canadian Pension Plan Investment Board, a Fixed Income Currency Strategist at Wellington Management, Head of Currency Research at JP Morgan Asset Management and Putnam Investments, and an economist at the European Central Bank and the Bank of England. Dr. Sager earned a Ph.D. in Economics from the University of Warwick and a Master of Science degree (with distinction) in Economics from the University of London.

DAY TWO I Wednesday April 1

3:20 PM PLENARY SUPER PANEL: Macro in Motion: Portfolio Strategy, Asset Correlations, and Cross-Market Dynamics

1. Which macroeconomic forces: inflation, growth divergence, liquidity, fiscal policy, are currently shaping asset performance across FX, equities, commodities, and crypto? How do you identify when we are entering a new macro regime, and what that means for asset correlations?

2. Central bank policy remains a dominant force across markets. How do changes in rates, balance sheets, and forward guidance impact correlations between FX, equities, and risk assets? Are traditional diversification assumptions still holding?
3. How can investors structure portfolio strategies to optimise correlations between FX and other asset classes such as equities, commodities, and crypto? What role should FX play today: hedge, alpha generator, or macro expression?
4. Looking ahead 10 years, which structural macro themes: deglobalisation, energy transition, demographics, technological disruption — are most likely to reshape cross-asset correlations and portfolio risk? How should investors position for a world of more frequent shocks?

Check out the incredible speaker line-up to see who will be joining Michael J..

Download The Latest Agenda