Investing

We remain underweight most developed market stocks as US tariff policy is still unclear but are more enthusiastic about emerging market assets. Asset allocation: when uncertainty lingers, caution prevailsFor a short while during May, President Trump distracted the markets from his rolling tariff announcements with…

You need strong nerves to invest in tech stocks. The American semiconductor producer Nvidia illustrates why. Last week, the company announced a 69% boost in revenue to USD 44.1 billion in the first quarter of 2025 and an increase in profit of 25% to nearly USD…

Comments by Michael Krautzberger, Global CIO Fixed Income at AllianzGI, ahead of the ECB meeting on 5 June We expect the European Central Bank to cut rates by 25 basis points at its 5th June meeting, its eighth cut in this cycle, taking the deposit…

Courting trouble César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The US Court of International Trade ruled that President Trump’s “Liberation Day” tariff plan is illegal, buoying stocks at the end of a strong month for equities. The court found Trump did not have the…

 Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, has announced today its intention to support three shareholder proposals at Alphabet’s upcoming Annual General Meeting (AGM) on June 6, 2025. The votes relate to Proposal 12 Regarding a Human Rights Impact Assessment…

Philippe Lomné, Fixed Income Portfolio Manager Specialisation: IG Credit IG & Crossover & Jérôme Loire, Credit analyst Rothschild & Co Asset Management. Subordinated financial bonds are a unique asset class and a historic performance driver for our Fixed Income expertise, with particularly attractive characteristics in…

Claudio Wewel, Bank J. Safra Sarasin   The US dollar has weakened nearly 5% in trade-weighted terms since early April, with currencies like the Swiss franc seeing the strongest gains. Despite this pullback, the dollar remains historically strong. However, markets are becoming increasingly focused on the…

Pictet Asset Management. For many investors, government bonds are the bedrock of safety, while equities symbolize growth and opportunity. Credit, particularly Investment Grade and High Yield, is often seen as a riskier middle ground. Yet, over the past two decades, credit has consistently offered a…

Fiscal fight César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The House of Representatives narrowly passed the “One Big Beautiful Bill” that promises sweeping tax cuts, fuelling markets’ fiscal fears and driving US equities lower, and Treasury yields higher. The Congressional Budget Office (CBO)…