Pictet Wealth Management’s latest positioning across asset classes and investment themes. Macroeconomy Global purchasing manager indexes (PMI) for manufacturing continue to point to declines in business activity, led by a downturn in new orders. It is still too early to say whether generalised rate easing…

"Living without security is the riskiest choice you can make” The world is changing. The world is changing, and so are the risks. If a few decades ago gangsters were breaking into safes, today they are cybercriminals. Multinationals, hospitals, SMEs, private individuals, public authorities -…

Plenty of jobs César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. The week in review US manufacturing continued to contract in September, but a nonfarm payrolls report for last month that was much stronger than expected helped the S&P 500 eke out a 0.3%…

Christophe Pouchoy, Fund Manager for Echiquier Artificial Intelligence, La Financière de l’Echiquier. With ever-increasing computing power, improved data security and confidentiality, and real-time, low-latency processing, Edge AI is pushing back the boundaries of Artificial Intelligence (AI). This cutting-edge technology allows AI to be deployed directly…

An attractive carry. Lauréline Renaud-Chatelain, Fixed-income strategist Pictet Wealth Management. Emerging market (EM) local currency (LC) sovereign bonds have had a tough first half of the year, mostly because of the weakening of EM currencies against both the US dollar and the euro. Nevertheless, their…

Xi’s “whatever it takes” moment? César Pérez Ruiz, Chief Investment Officer, Pictet Wealth Management. THE WEEK IN REVIEW Chinese stocks had their strongest week since 2008 after extensive new economic stimulus was unveiled and the authorities hinted strongly that more was to come. The news…

The Pictet Group is celebrating 35 years of uninterrupted growth in Luxembourg. As the Group's second largest site, it has been able to adapt over the years to the demands and many changes in the finance industry, while retaining its identity and values.  A key…

Christophe Pouchoy, Fund Manager for Echiquier Artificial Intelligence, La Financière de l’Echiquier. There has been significant profit-taking in tech stocks since mid-July 2024, mainly due to the sector’s strong outperformance over the past 18 months, driven by artificial intelligence (AI). This profit-taking makes sense and…