Publications

Observation Deck Q2 2022

Read the newest edition of our Observation Deck here:

KEYSTONES: The end of financial repression?

EQUITIES: Through the fire

COMMODITIES: Most people don't live on love and fresh air

Find the digital version here:

Observation Deck Q2 2022 EN

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May 02, 2022

Publications

Letter from the CIO - October 2025

Markets in Suspension: Between Euphoria and Caution

October 15, 2025

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