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Investing

Precious Metals: Gold

Luc Luyet, Currencies strategist, Pictet Wealth Management. Robust global demand Although gold prices are at historical nominal highs, the decline in price-sensitivegold demand has led to weaker price momentum since mid-April. In the short term, we see limited scope for a significant decline in demand…
EFI
24 July 2024
Investing

Japanese equities – A cyclical market driven by structural forces

Dong Chen, Chief Asia Strategist and Head of Asia Research Pictet Wealth Management. Japanese stocks are known for their diversification qualities. Additionally, they provide an opportunity to gain exposure to quality growth firms that benefit from a leadership position in their respective industries. Furthermore, through…
EFI
24 July 2024
Investing

Weekly View: Bye bye Biden

Out of the race César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review Last week saw a stark contrast between US small-cap and equal-weight indexes on the one hand and generic stock indexes on the other. Seen as especially well placed…
EFI
23 July 2024
Investing

Macroeconomic view

Trump wins, Macron loses – What are the consequences? Bruno Cavalier, Chief Economist ODDO BHF Asset Management. KEY HIGHLIGHTS: Occasionally, ​ a ​ country's ​ trajectory ​ changes ​ due ​ to ​ an unexpected political event. The assassination attempt on Donald ​ ​ Trump…
EFI
22 July 2024
Investing

Fund Insight: ODDO BHF AM Active Small Cap

The Plan Epargne Actions (PEA) was created in 1992 in response to the government's desire to develop popular shareholding in France. It was supplemented in 2014 by the creation of the PEA-PME dedicated to listed or unlisted shares in Small and Medium-sized Enterprises (SMEs) and…
EFI
22 July 2024
Investing

ECB: “Two-handed” Lagarde

Please find below a comment from Nadia Gharbi, Senior Economist at Pictet Wealth Management. As widely expected, the ECB left interest rates unchanged at today’s Governing Council (GC) meeting. The Q&A session that followed the decision was largely an “on the one hand, on the other…
LFI
22 July 2024
Investing

Monthly investment brief

Beneath the surface Laurent Denize, Global Co-CIO, ODDO BHF AM. "Overall, when we consider the global outlook, the environment is a rather supportive one for risky assets. However, there are plenty of concerning developments below the surface leading to downside risks in the “higher for…
LFI
22 July 2024
Investing

Real estate is emerging from the ‘hurricane’

The investor’s experience is rarely unequivocal. Gains are welcomed with delight, but also trepidation over whether profits should be taken before any reversal. Losses are feared, but the psychology of sunk costs can reinforce determination. So how should investors interpret markets today? Equities have extended…
Zsolt  Kohalmi
16 July 2024