Publications

Observation Deck Q4 EOY 2021

Read the newest edition of our Observation Deck for the end of the year with an outlook to 2022 here:

REVIEW AND OUTLOOK: A year between Delta and Omicron

EQUITIES: More upside, more volatility

ALTERNATIVE INVESTMENTS: Slowing the fall, a case for alternatives

Find the digital version here: Observation Deck Q4 EOY 2021 en




(a German version is available on the German website; toggle the language at the top right corner)

December 21, 2021

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