The Big Picture BCA’s 45th Annual Conference
October 22 2025
The Times Center 242 West 41st Street
New York
A First Look at Our Lineup
Karen Harris
Managing Director of Bain & Company’s Macro Trends Group and a partner in the New York office
Jitania Kandhari
Deputy CIO of the Solutions & Multi-Asset Group and Portfolio Manager for Passport Equity Strategies, Morgan Stanley Investment Management
And more than a dozen others who make BCA
the industry leader
Conference Topics
Technology beyond AI
Our speakers will focus on technology opportunities beyond merely investing in AI, not drone on forever about how AI will change the world.
Geopolitics beyond Unipolarity
The world is multipolar. We told you this in 2012. Now it is both cliché and consensus. But… what does it actually mean for investors?
Markets beyond the Bull Market
All bull markets end and so will the current one. What should investors do to prepare for the end… and for the world beyond.
Markets beyond the Consensus
Return of deflation, European outperformance, return of China, a commodity bear market… We offer a platform to the unloved themes.
Trades and Investment Themes
As always, our focus is purely on the markets. Stay until the very end of the event for our tradition of letting BCA strategists wrap up the themes and trade ideas.
Conference Agenda
7:00 - 8:00
Breakfast
8:00 - 8:10
Welcome
Eric Jaffe, BCA Research CEO
8:10 - 9:00
SESSION 1: Macro Panel: The Bull vs. Bear Debate
Peter Berezin, BCA Research Chief Global Strategist
François Trahan, President and Founding Partner of The Macro Institute
Anna Wong, Chief US Economist for Bloomberg Economics
Martin Barnes, Former Chief Economist BCA Research - Moderator
9:00 - 10:30
SESSION 2: Tech Panel: Innovation Beyond AI
Jocelyn Doe, General Partner at Builders VC
Josh Wolfe, Co-Founder Lux Capital
Peter Levin, Managing Director and Co-Founder at Griffin
Charlie Tafoya, CEO and Co-Founder, Chronograph
10:30 - 10:50
Break
10:50 – 11:35
SESSION 3: How To Be An Institutional Investor In The Roaring Twenties And Beyond
Zach Schreiber, Co-Founder PointState Capital in a conversation with Paula Volent, Vice President and Chief Investment Officer at The Rockefeller University
11:35 - 12:20
SESSION 4: Unloved Trade Ideas: How To Invest In Hated Assets
Karen Harris, Managing Director of Bain & Company’s Macro Trends Group
Jitania Kandhari, Deputy CIO of the Solutions & Multi-Asset Group and Portfolio Manager
Arthur Budaghyan, BCA Research Chief EM/China Strategist
Anastasios Avgeriou, Chief Strategist for Bienville Capital
12:20 - 1:45
LUNCH SESSION: The Future of Crypto: Yes, We Are Taking Bitcoin Seriously!
1:45 - 2:30
SESSION 5: KEYNOTE A User's Guide to Making America Great Again
Stephen Miran, Current Chair of the Council of Economic Advisers in the Trump Administration
2:30 - 3:30
SESSION 6: Geopolitics: The World Is Not Ending. Your World Is Ending.
Marko Papic, BCA Research Chief GeoMacro Strategist
3:45 - 5:00
CLOSING SESSION: Trade and Investment Ideas from BCA Strategists
Conference Hosts
Garry Evans
Head of BCA Research Solutions
Marko Papic
Head of BCA Access
The Premier Macroeconomic Event of 2025
Direct access to leaders
From the worlds of finance, economics, and geopolitics.
Outlooks for all major asset classes
Equities, fixed income, currencies, commodities, real estate, and private markets.
Networking opportunities
With fellow attendees and our unparalleled set of BCA Strategists.
Panel discussions
Focused on innovative trade ideas and the impact of technological innovation on global markets.
"It has become clichéd to refer to annual conference gatherings as attempts to make sense of the market volatility amidst the geopolitical and technological uncertainty. But sometimes cliches reveal the truth. In the case of BCA’s The Big Picture, this really is the case”.
At BCA Research, we have embraced the VOL for three quarters of a century. We do not instinctively perceive the unknown as a reason to panic, lament over the passage of “easy times,” or tell clients to seek cover and buy gold (although buying gold may make sense!). We dive head first into the fog of war and seek to find market relevance – and more often…irrelevance - in the headlines.
Marko Papic, Head of BCA Access & Conference Host
Venue & Pricing
We are excited to host our upcoming BCA Research Conference at The Times Center in New York. Registration fee: $1995.
To accommodate our guests, we have secured a negotiated hotel rate of $349 USD per night at the Hilton New York Times Square, conveniently located just across the street from the venue. Space is limited, so we encourage you to book early using the link below to take advantage of the special rate.
The Big Picture
The Times Center
242 West 41st Street, New York, NY
Oct 22 2025
Format: In-person conference with panels and workshops
Reserve My Space
Registration fee: $1995
You will receive an invoice within the next 7 days, due within 30 days of receipt.
Cancellation requests received from attendees more than 90 days prior to the conference start date will be refunded in full. Any cancellation requests received between 30 to 89 days prior to the conference will receive a full credit (of the amount paid for the conference) to be applied to a future BCA conference. No refunds or credits will be granted for cancellation requests received less than 30 days before the conference commencement date. However, you may send a substitute attendee (from the same firm) to the conference. Any substitution requests must be made in writing (email), no later than 7 days prior to the conference start date.