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

A German and French version are available on the respective language versions of the website; you can toggle the language at the top right corner (desktop version) or in the menu (mobile version).

May 02, 2022

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