Publications

Letter from the CIO - Stagflation

Find below our latest Letter from the CIO for November titled Stagflation:

CIO_Letter_November_EN.pdf


(French and German versions are available in the respective languages of the website)

November 19, 2021

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