What we learned at the WEF
- Bild-Infos
- Download
What we learned at the WEF
Now we just speed down from the stage at World Innovation Economics in Davos and we are thrilled to share with you our insights and feelings. Let us bring to you the WEF: a quaint atmosphere full of positive energy and insights brought by global experts who want to change our world.
Emma Wheeler made a stunning presentation on the SwissFinTechLadies panel, showing that at this moment, 38% fewer women are investing than men. Their investment approach shows no difference in risk awareness and risk appetite to men, according to UBS studies, but in fact, they invest differently. Key points to female investing are:
- Longterm investments: Women invest more in life-cycle goals such as building a family or their retirement.
- Holistic approach: Women always make investments for the benefit of their whole family, not only themselves.
- Value-based: Women follow their values when investing. Therefore, they are more ready to invest in sustainability and impact investing.
Prof. Dr. Anina Hille talked about block green fintech, including blockchain-based green fintech investing and a recent research study of hers. She was giving us a strong focus on research in green fintech and also pointed out the importance of sustainability and governments. Governance must be integrated into the algorithm and blockchain protocols, and that raises a number of questions. A taxonomy to make the governance comparable would be helpful.
Daria Mühlethaler presented the longevity working group of SwissFinTechLadies, highlighted the problems that women will face if they do not account for longevity in their lifecycle investment strategy. Women live longer and accumulate less wealth during their working life. She made it clear that women need to reinvent themselves and change their attitude for the sake of their financial longevity. The times are over when we go into retirement without working. The life span has been extended, and we should ask ourselves what happens if we live for 100 years. Also, the needs of women change as they grow older. So imagine yourself older and try to imagine your needs. These factors, like changed needs and changed life span require planning for your retirement, and you will also need to invest in education to remain relevant for the labour market and remain fit as a person. You can imagine yourself in your dream job and what it needs to get you there in 10 or 20 years. This also means that wealth managers must change their way of questioning. They should ask you about your long-term plans.
Iwona Fluda gave us her definition of sustainability. First of all, it is important to integrate a co-creation element. And then you should ask yourself what your values are. Understanding them is key to your financial success.
We thank each and every one from our community who attended our event and made it a great success! Let us co-create and grow together.
Investors club https://emotional-agility.dg1.com/vc4diversity/pages/memberships
Webseite https://swissfintechladies.com/
Karen Wendt
President of SwissFinTechLadies