Why we see value in technology? Richard Clarke-Jervoise, Managing partner – ODDO BHF Private Equity, Venture Capital. “Given the improvement in the investment environment, we believe that now is a good time for investors with long-term capital available to build portfolios of fast-growing, disruptive companies…

France-Germany, the sick couple of Europe Bruno Cavalier, Chief Economist ODDO BHF Asset Management. KEY HIGHLIGHTS: The European economy has been stagnant for nearly two years. The growth outlook for 2024 is gloomy, especially in Germany and France. The Franco-German partnership has weakened, both politically…

Long-term investors should not fear the US election Prof. Dr. Jan Viebig Global Co-CIO, ODDO BHF AM. "Investors with a long-term perspective, such as a ten-year horizon, can afford to be somewhat relaxed about the impact of the US election on their assets." The outcome…

Macroeconomy Recent business surveys suggest that the slump in global manufacturing might be bottoming out, although the figures remain more robust for emerging economies than for advanced ones. However, the vulnerability of some supply chains means the improvements need to be confirmed. Data released so…

Bumpy ride towards 2% inflation César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. A batch of US economic reports last week cheered investors looking for signs of a “Goldilocks” scenario, where activity slows enough to keep further interest rate hikes at bay without pointing…

AI: fad or margin effect ? " Maintaining net margins at high levels appears largely subject to the rapid and continued spread of productivity gains associated with AI." A disappointing earnings season (for now) For the first time in 10 years, European companies are reporting…