We talk to Alexander S. Friedman, Global Chief Investment Officer of UBS Wealth Management, about the changing investment landscape. He explains how client expectations have evolved post-crisis and how UBS has adjusted its investment process accordingly. Steve Hottiger, head of UBS Group Governmental Affairs, has written an insightful overview of the current state of regulatory reform and the fading consensus for a coordinated global regulatory regime. Next we have a fascinating portrait of Erika Karp and the important new trend of sustainable investing (SI). Head of Global Sector Research at UBS Investment Bank, Karp explains what SI is – and is not – and how it is affecting everything from economic research to corporate strategy. Finally, we take a close look at the economic renaissance of Sub-Saharan Africa and opportunities for businesses and banks.