Cover (Photo: C.F. Chiu)

A discussion on investing with purpose was followed by a sumptuous dinner crafted by chef Uwe Opocensky at the Island Shangri-la on September 29 in the latest Women of Worth event

When? September 29, 2022

Where? Atrium & Library, Island Shangri-La

Who? Gillian Choa, Inna Rodchenko-Highfield, Levina Li-Cadman, Cindy Chow and Melissa Fok

Here’s what you missed:

Tatler guests and Citi private bank clients came together for the latest event in our Women of Worth series on September 29 at the newly renovated Library and Atrium at the Island Shangri-la.

There was some time for mingling before guests were seated for an enlightening panel discussion on investing with purpose. Maud Savary-Mornet, founder and CEO, Beyond Finance Consulting, which supports asset owners and asset managers implementing a strategy in impact investing; Jenny Wong, general partner, Transcend Capital Partners, an ESG-conscious venture capital fund that invests in companies with diverse leadership teams; and Katy Yung, managing partner of the Sustainable Finance Initiative, which advises and supports family offices and financial professions on their sustainable and impact journeys, came together to discuss what investing with purpose means, what it looks like and how we can do it better.

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Photo 1 of 15 Rachel Duffell, Jenny Wong, Katy Yung and Maud Savary-Mornet
Photo 2 of 15 Sandra Lau and Sue Lynn Woo-Hwa
Photo 3 of 15 Mary Thio, Wendy Hu and Tina Cheng
Photo 4 of 15 Beatrice Ho on the cover of Tatler Hong Kong
Photo 5 of 15 Susanna Wong, Angeline Tang and Denise Ho
Photo 6 of 15 Sue Lynn Woo-Hwa and Sharie Ross-Tse
Photo 7 of 15 Emily Ng and Vanessa Hwang
Photo 8 of 15 Catherine Kwai
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Photo 10 of 15 Women gathered at the Island Shangri-La atrium and library
Photo 11 of 15 Chef Uwe Opocensky prepared a feast
Photo 12 of 15
Photo 13 of 15
Photo 14 of 15 Agnes Shea, Sandra Lau, Wendy Hu, Tina Cheng, Mary Thio and Susanna Wong
Photo 15 of 15 Timmy Kam, Catherine Kwai, Daphne King-Yao, Audrey Puckett, Michele Li, Anne Wang-Liu, Sharie Ross-Tse and Reyna Harilela

The panel kicked off with each of the speakers outlining their individual journeys to investing with purpose and what the topic means to them. Guests learned how much opportunities around investing with purpose have changed over the last ten to fifteen years, particularly as experienced by the speakers. Katy Yung mentioned that when she told her parents that she was leaving the world of investment banking to work in sustainable investing they were shocked, while Maud Savary Mornet, who started her career at the Banque de France, experienced a similar reaction when she moved to Swiss impact investing enterprise ResponsAbility Investments. 

But times have changed, and sustainable and impact investing have become mainstream.

The panel's moderator Rachel Duffell, regional content director for Front & Female, asked whether the way we invest really has the potential to create a better world. Jenny Wong said that it’s a case of cumulative effect, with every step having a positive impact, and that the question is not why we should invest with purpose, but why shouldn't we invest with purpose?

Rounding out the panel by sharing some resources for people looking to invest better, Maud Savary-Mornet suggested nailing down exactly what it is that you want to achieve and the impact you want to have and then finding a group or network of people that already does that, such as Katy Yung’s Sustainable Finance Initiative, or the Global Impact Investing Network (GIIN), of which Savary-Mornet is the senior advisor for Asia.

Thoughtful questions from the audience followed, on topics including purpose versus profits and whether you can have both, and the backlash against globalisation and what that means for impact investing—do projects going local still have the potential to scale and deliver favourable returns?

The final question came from Inna Rodchenko-Highfield, who asked the panellists if there were any projects they were investing in that they were particularly excited about. Yung mentioned a mental health app called Thoughtfull in which she is an angel investor and which recently raised US$1.1 million in seed funding. 

The discussion at a close, guests were encouraged to move through to the Atrium where the chefs had been busy at work in the open kitchen preparing the evening's feast. A cauliflower tart with eel and caviar kicked off proceedings, followed by lobster with truffle and then beautifully cooked beef or turbot, but the standout dish of the evening had to be the dessert, listed in the menu as 'ham and cheese’ and which appeared to be just that. Approach the open kitchen and the chefs could be seen carving slices of a ‘ham’, but peer a little closer, or taste the marbled slices on the plate, and it was actually a frozen dessert covered in a thin layer of chocolate.

Conviviality and lots of connections made, the dinner stretched late into the evening with fruitful discussion and fun had by all.

The event was hosted by Front & Female with the support of Citi Private Bank, which shares our mission to empower women to power the world. 


Explore the Women of Worth content series, which celebrates and supports independent women, created by Front & Female in partnership with Citi Private Bank. Join the Front & Female community by subscribing to our newsletter and following #frontandfemale

About Citi Private Bank: 

Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customised private banking across borders. With more than $600 billion in global assets under management, the franchise serves clients in over 100 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, safeguard assets, preserve legacies, and serve family and family business needs. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance. Learn more

Credits

Photography  

C.F. Chiu

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