Investing

The conflict in the Middle East threatens to further destabilise the economy and financial markets. As a result, we remain neutral stocks and overweight bonds. Luca Paolini, Chief Strategist at Pictet Asset Management. Asset allocation: geopolitical vulnerabilities Just as the markets had started taking the…

Euro area GDP: slight GDP contraction in Q3 Nadia Gharbi, Senior Economist Pictet Wealth Management. According to Eurostat’s preliminary estimate, euro area GDP fell by 0.1% q-o-q in Q3, while the Q2 figure was revised up to +0.2% q-o-q (from +0.1%). The Q3 number was a bit…

FOMC preview (November 1) – proceeding carefully with a tightening bias Xiao Cui,Senior Economist Pictet Wealth Management. We expect the FOMC to keep rates unchanged at 5.25-5.50% at its meeting next week, as is widely priced by the markets. We don’t expect changes to QT or tweaks in other…

Generative AI and ChatGPT have captured the public imagination. Asset managers have been watching developments closely too. David Wright, Head of Quantitative Business Strategy & Stéphane Daul, Senior Quantitative Analyst Pictet Asset Management. Machine learning (ML) is being hailed as a better way to pick…

Laurent Denize, Global Co-CIO, ODDO BHF AM & Prof. Dr. Jan Viebig, Global Co-CIO, ODDO BHF AM. "While sovereign debts could be considered "safe havens" given past central bank support, they currently carry more risk than Credit. This shift in risk perception is reflected in…

César Pérez Ruiz, Chief Investment Officer Pictet Wealth Management. A far stronger-than-expected US employment report for September pushed bond yields to new 16-year highs last week and raised the possibility of a November interest rate hike by the Federal Reserve. Non-farm payrolls increased by 336,000…

This month’s Editorial by Olivier de Berranger, Deputy Chief Executive Officer and CIO, and Alexis Bienvenu, Fund Manager, La Financière de l’Echiquier (LFDE). A new era of abundance is upon us. Not, alas, in political, social, environmental or even economic terms. Rather, it is for…

Commentary from Norman Villamin, Group Chief Strategist at Union Bancaire Privée (UBP). The Hamas invasion of southern Israel over the weekend, while an eruption of an on-going regional conflict and humanitarian crisis has the potential to expand to a prolonged conflict that historically has been…

Caroline Reyl, Senior Investment Manager, Stephen Freedman, Head of research and sustainability - Thematic Equities and Faisel Syed ESG Specialist Pictet Asset Management. ESG corporate ratings are redrawing the financial landscape, yet investors often struggle to interpret them. Britain’s system of imperial measurements has long…

Allianz Global Investors (AllianzGI) is now offering a second, long-standing successful strategy from Voya Investment Management (Voya IM), the Allianz US Large Cap Value fund. The Fund will be in a UCITS wrapper and available for clients in Europe and Asia. Based on Voya IM’s…