LGT Capital Partners' Investment Outlook 2025 – Montreal

Mikio Kumada (Greek/Japanese) is an Executive Director at LGT Capital Partners in Tokyo. He serves as an Investment Strategist in the Asset Allocation & Research team, is a voting member of the LGT Endowment’s Tactical Asset Allocation (TAA) Committee and is also co-responsible for overseeing LGT Capital Partners entity in Japan. Prior to joining the firm, he worked for Bloomberg in Europe, among other roles. Mr. Kumada joined LGT Group in Liechtenstein in 2002 as a market analyst for the group’s treasury department and later transferred to asset management. Over the years, he has worked for the firm in Switzerland, Singapore, and Hong Kong. He is communicating economic research and investment strategy to clients, and regularly appears on CNBC and Bloomberg as a commentator. Mr. Kumada holds an MA in Political Science from the University of Vienna and is a Certified International Investment Analyst. He is fluent in English, German, Japanese and Greek.

Rafael Silveira (American/Brazilian) is a Principal at LGT Capital Partners in New York, where he serves as a portfolio manager for the LGT Multi-Alternative Fund and is a member of the U.S. leadership team. Before joining LGT in 2019, he was a portfolio manager at AQR Capital Management. He has also held roles as a solutions strategist at J.P. Morgan Asset Management and a senior quantitative analyst at Bank of America. Mr. Silveira earned a Ph.D. and M.A. in Economics from the University of Pennsylvania and a B.A. in Economics from the University of Brasília.