Anthony Bailly, Head of European Equity, Rothschild & Co Asset Management. What is your central scenario for 2026? Our outlook is more positive than the consensus among economists regarding Eurozone growth for 2026, which is expected to remain stable at just over 1% . Indeed,…

A spirit of dialogue at Davos César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. Last week saw geopolitical tensions rise as US President Donald Trump threatened to apply fresh tariffs of 10% on eight European countries until they agree to support his ambition to…

After more than 18 years within the private banking division of the BNP Paribas Group, Nicolas L’Hermite has reached a decisive milestone by joining wealth management specialist Norman K., which is establishing a presence in Luxembourg. As CEO and Equity Partner of Norman K. Luxembourg,…

Norman K., a success story in "neo-wealth management", is settling in Luxembourg, with the ambition of developing this profession in the city.  Norman K. is the story of four financial enthusiasts (Olivier Liot, Brice Monvoisin, Mathieu Mercati and Jean-Philippe Petit), experts in different fields but…

Emmanuel Petit, General Partner, Head of Fixed Income, Rothschild & Co Asset Management. What should we take away from 2025 in bond markets? The standout feature of 2025 was the continued steepening of yield curves, which is beginning to open interesting prospects for sovereign debt.…

Earnings to the fore César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review US jobs growth slowed more than expected in December, but the unemployment rate dipped to 4.4%, consistent with a ‘low hire, low fire’ labour market. The jobs report…

Yoann Ignatiew, General Partner, Head of International Equity and Diversified, Rothschild & Co Asset Management. What is your central scenario for 2026? 2026 could offer opportunities in equity markets, despite the waning of supportive dynamics. The change at the head of the Fed could undermine…

 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…