By Laurent Denize Global Co-CIO ODDO BHF. "As unpredictability has become Donald Trump's defining characteristic, volatility will be a continuing feature of his presidency The good news is that the wind can also change direction violently (but positively this time) for other geographies such as…

Stagflation fears César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. Stock markets fell last week, and volatility surged on uncertainty over President Trump’s tariff and cost-cutting measures. A deteriorating economic picture in the US added to the unease, with stagflation fears fuelled by signs that…

Clément Inbona, Fund Manager, La Financière de l’Échiquier. Forget the Magnificent Seven, that exclusive club of US mega-stocks linked, in particular, to the tech and AI sectors. The new stock market darlings are “Le(s) S.T.A.R.S” – Leonardo, Saab, Thales, Airbus, Rheinmetall and Safran. These six…

Please find below a new comment from Frederik Ducrozet, Head of Macroeconomic Research, at Pictet Wealth Management, ahead of tomorrow’s Fed meeting. The policy rate should remain on hold. However, the Federal Reserve is expected to downgrade its 2025 GDP growth forecast, raise inflation projections,…

Far from the post-U.S. election consensus, since the beginning of the year, Europe appears to be taking its revenge on Wall Street. Anthony Bailly, Head of European Equity & Vincent Iméneuraët, European Equities Portfolio Manager Rothschild & Co Asset Management. The strong outperformance of the…

Co-investment is a fast growing area of private equity – and one in which we have over three decades of experience. Find out more about our approach. By David Maréchal Deputy Head of PE & Co-Head of Europe Pictet Asset Management. With lower costs than…

Emerging market economies are proving to be far more resilient than in the past thanks to healthier fundamentals than most investors realise. By Lola Saugy, Quantitative Economist, (Lead on Latin America) Pictet Asset Management. Emerging market economies should be able to withstand the challenges that…

Germany steps up César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. German Chancellor-in-waiting Friedrich Merz and his probable coalition partners agreed a jumbo fiscal package for Europe’s largest economy last week. The landmark plan includes a new special fund for infrastructure investment worth EUR…