Publications

Letter from the CIO: "Does May mean "stay" this time?" - May 2023

The May edition of our Letter from the CIO, titled "Does May mean stay this time?", is now available in English, French and German (toggle language at top right menu dropdown).

May 03, 2023

Publications

Letter from the CIO - September 2025

Towards Global Reflation, but Under Certain Conditions

September 17, 2025

Publications

2025 Outlook – Second Half

The first six months of 2025 have reshaped our view of global macroeconomic dynamics. A sequence of unexpected events has led us to reassessour convictions and adjust our positioning.

July 10, 2025

Publications

The Myth of Perfect Timing in Investing

Every investor has fantasized about making the perfect trade—buying low and selling high within a very short time frame.

July 01, 2025