Investing

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:…

Hawkish cut César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. Conflicting data about the health of the US labour market held stocks in a holding pattern last week ahead of this week’s Federal Reserve meeting, at which we expect a hawkish cut in interest…

Valentin Vigier, Head of Responsible Investment, La Financière de l’Échiquier (LFDE) – December 2025 According to the European Commission, a raw material is critical when it combines ‘high economic importance’ and ‘high vulnerability to supply disruptions’. This definition takes on particular significance in the current geopolitical…

Paul Reuge, European Equities Portfolio Manager Rothschild & Co Asset Management. Since the end of the Covid-19 pandemic, office Real Estate companies have continued to struggle on the stock market. They are underperforming the Eurozone Real Estate index across all sectors. Disrupted by the surge…

The performance of European small and mid caps has been particularly disappointing over the last three years. Small caps have historically outperformed large caps. " However, this market segment has been going through a complicated period, with disappointing performances over the last three years. This…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The S&P 5001 rose 3.7% (in USD) last week on improved sentiment towards tech stocks and reinforced expectations the Federal Reserve will cut interest rates in December. US Black Friday retail sales rose 4.1% year-on-year, with new AI…

Thanksgiving ultimatum César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The Trump administration issued Ukraine with an ultimatum to sign a peace deal by Thanksgiving on Thursday, triggering concern in Europe at a 28-point plan that envisages major concessions by Kyiv to end the…

Supreme Court reviews Trump tariffs César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The US government shutdown, now the longest in history, is leaving markets to pore over private data to gauge the economy’s health – and last week they got a fright. US-based…

Emmanuel Petit, General Partner, Head of Fixed Income; Julien Boy, Fixed Income Portfolio Manager Specialisation: Govies & Inflation et Samuel Gruen, Fixed Income Portfolio Manager Specialisation: Relative Value Rothschild & Co Asset Management. While equity markets continue to grab the spotlight, fixed-income markets are entering…

Brice Prunas began his career in the financial sector in the late 90s. After working as an analyst in Paris and London, he launched the ODDO BHF Artificial Intelligence fund in 2018. This product is a major commercial success for the Franco-German fund manager, with…