Investing

 After a good 2025 vintage, questions are being asked about the strategy to be adapted in equities and bonds. What are we to make of gold after a jump of more than 30% in 2025 after already...63% in 2024 (in dollar terms) and a rise…

Venezuela in focus César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review The year 2025 proved positive for investors in equities, with the MSCI All Countries Index1 (in USD) closing the year 22.9% higher on a total return basis. Tariffs, geopolitical…

ETF funds are attracting more and more young investors who are taking their first steps on the stock market. Surprisingly, the number one reason for investing in ETFs is not the fees, according to one study. Active funds, although they may sometimes underperform, offer other…

As the year draws to a close, David Kruk, Head of the Trading Desk at La Financière de l'Échiquier (LFDE), a privileged witness and keen observer, and Pierre Puybasset, spokesman for LFDE's asset management division, share their feelings. While Michael Burry, Big Short, warned again...…

“Ideas bold enough to push the limits of human imagination lie at the heart of research.” Forging closer ties with investors and fund managers from Europe’s largest financial centre is the ambition of the representatives of IOCB Prague, the leading medicinal chemistry and biotechnology research…

Portfolio manager Tilo Wannow looks ahead following a difficult year for quality stocks. Despite recent headwinds, he sees new opportunities and catch-up potential for select quality stocks. The past two years have been challenging for long-term quality investors whose approach centres on identifying robust companies with stable…

Tech eclipses Fed César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. Stock markets turned negative last week despite the Federal Reserve cutting interest rates, as disappointing results from two big US tech groups fuelled investor concerns about the Artificial Intelligence (AI) trade. The Fed…

Xiao Cui, Senior Economist Pictet Asset Management. The FOMC voted 9-3 to cut the fed funds rate to 3.5%-3.75%. Regional Fed presidents Schmid and Goolsbee dissented in favor of no cut, and four other officials registered soft dissents with their 2025 dots. Governor Miran dissented…

Xiao Cui, Senior Economist Pictet Asset Management. We continue to expect the FOMC to cut rates by 25bps at its meeting next week. A hold is a non-negligible hawkish risk, but will likely only come after some well-placed weekend news article(s). The market-implied probability of…

Pictet Asset Management Global equities should build on their gains next year, with emerging market stocks delivering among the best returns. In fixed income and currency markets, government bond yields could edge higher over 2026 while the US dollar is set to depreciate further. Overview:…