EFI

Nelly Davies, Fund Manager, LFDE. While the stock market is a key driver of funding and growth for European companies, the initial public offering (IPO) market has experienced a historical contraction in recent years – one that has been particularly pronounced for small and medium-sized enterprises.…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Last week, the US Treasury Department announced it would double buybacks of long-term US debt. Treasury Secretary Scott Bessent said the US government would increase quarterly purchases of 10- to 30-year Treasuries from USD 38…

The climate phenomenon El Niño is back. For investors, this is interesting not only because of its potential impact on the climate, but above all because of its economic consequences. A strong El Niño can put additional pressure on food, water and energy supplies. This…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review A 60-day memorandum of understanding between the US and Iran expired on Monday (17 August) without a wider deal to end their war, which had been the aim of the interim deal. While…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review The S&P 500 rose by 3.6% over the week, reaching a new all-time high. As well as ongoing fabulous earnings momentum (with most companies now having reported, 84% of constituents beat estimates and…

Life expectancy continues to rise. While this is undoubtedly good news, it also presents a challenge for investors: accumulated wealth has to last much longer. Whereas the primary focus used to be on growing capital, generating a stable income stream from investments is becoming increasingly…

Pictet Asset Management Equity markets have further to run thanks to strong earnings, resilient economic growth and continued investment in AI. Asset allocation: remaining pro-risk The global equity rally may have stuttered in July, but we view this as a pause rather than a finale.…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The week in review Situational Awareness, an artificial intelligence (AI)-focused hedge fund, sold the bulk of its public stock to rival Citadel after being hit by heavy losses as AI momentum in markets unwound. The forced sale…

Allianz Global Investors (AllianzGI) has entered into an agreement to acquire UOB Asset Management (UOBAM), the asset management arm of Singapore-based UOB Group. Both parties announced the deal on 5 August. Valued at SGD 555 million (around €376 million), the transaction significantly strengthens AllianzGI's presence…

Christopher Seilern, Senior Equity Analyst, Pictet Wealth Management. The US’s longstanding leadership in technological innovation is being challenged. Not only is China already at the vanguard in everything to do with electrification and clean energy, it’s also making giant strides in catching up with the…