“The allure of passive asset management is retreating alongside the era of unfettered free trade and ‘globalisation’. This shifts the spotlight onto active management, thematic investing and multi-asset strategies." Pictet Research Institute, Pictet Group’s resource dedicated to researching the topics with long-term implications for investment,…

By Laurent Denize Global Co-CIO ODDO BHF. "Last days have shown that dislocations in the US bond market are perhaps the only lever to exert influence and pressure on the Trump administration." Equities down, credit down, dollar down…and yields up, an odd combination recently experienced…

Tariff zig zag César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. The US and China entered a full-on trade war, imposing tariffs of over 100% on each other’s goods in a conflict that raises both the risk of a US recession and the prospect of sharply…

Brice Prunas, Artificial Intelligence thematic manager, ODDO BHF Asset Management. "It’s now a race — not just between tech giants but also between nations. In my view, this race won’t slow down. It’s a kind of "prisoner's dilemma": no one trusts the other side to…

By Prof. Dr. Jan Viebig, Chief Investment Officer, ODDO BHF SE. The magnitude of the tariff increases announced by President Trump on 2 April 2025 came as a nasty surprise. Market participants expected tariffs on goods imported to the US to be hiked from just…

Frederik Ducrozet, Head of Macroeconomic Research, and Xiao Cui, Senior Economist, Pictet Wealth Management. The Mar-a-Lago Accord is a misguided plan to reshape global trade and finance The swift and aggressive implementation of tariffs by the Trump administration is challenging the dollar’s global role. Aggressive…

In late March, the ODDO BHF Asset Management Private Assets team conducted the final closing of its ODDO BHF Technology Opportunities fund, raising almost 200 million euros. The Fund received the support from European family offices and institutional investors, French, German and Swiss ones in…

César Pérez Ruiz, Chief Investments Officer Pictet Wealth Management. 3 THINGS TO KNOW The US tariffs announced on 2 April are the biggest trade shock the world has seen in 100 years and the risk of recession in the US has increased substantially. A tectonic…