This year started promisingly, but the optimistic mood soon faded. At the beginning of February, volatility spiked sharply and the daily fluctuation range increased significantly. Continue
Risk Regime Investing
Investment Management Update – October 2017
The international equity markets continued their excellent performance into the third quarter of 2017, once again proving to be an attractive option for investors. Continue
Investment Management Update – July 2017
Since the beginning of the year, the risk conditions in the international equity markets have been very good. As a result, the markets are calm with an excellent risk-return ratio. Continue
Investment Management Update – April 2017
Risk conditions in the international stock markets improved markedly during the first three months of the year. Despite the ongoing political risks and the related uncertainty, stock markets are robust and in good shape. Continue
Investment Management Update (RRI) – January 2017
One thing is for certain: 2016 was a year of uncertainty. The Research Institute for the Public Sphere and Society (fög) at the University of Zurich has drawn up a list of dominant media topics for 2016, and topping it are the US presidential elections and its main protagonist Donald Trump. Continue
Investment Management Update (RRI) – October 2016
Risk Regime Investing – rule-based management of the tactical asset allocation.
Do you know Tina? No, she’s not the next US President or the main character in the latest docu-soap. Tina is, in fact, an acronym for “There is No Alternative”. Although the term was coined by the English philosopher Herbert Spencer, it was made famous by UK prime minister Margaret Thatcher, who believed that there was no alternative to the market economy. Continue
Investment Management Update (RRI) – July 2016
Risk Regime Investing – rule-based management of the tactical asset allocation.
The world seems to be coming apart at the seams. Refugees are being forced to leave their homes in droves. American presidential candidates are straying from the path of reason, while central banks are leaving the world of positive interest rates behind. Continue
Investment Management Update (RRI) – April 2016
Risk Regime Investing – rule-based management of the tactical asset allocation.
Central banks have been trying in vain to combat the threat of deflation, stimulate the flagging economy and weaken their domestic currencies, leaving a raft of new measures in their wake. At the end of January, the Bank of Japan (BoJ) introduced negative interest rates and began imposing penalty interest on the deposits it holds. Continue
Investment Management Update – January 2016
2015 began with high hopes, but ultimately it was a year to forget. The most important assets experienced low single-digit or even negative growth. Continue
Investment Management Update – October 2015
The US Federal Reserve Board is in agreement: interest rates can be raised once the US economy reaches full employment again. A decision had already been made to move away from the policy of cheap money when Chair of the Board Janet Yellen first took office. Two years later, Yellen wants to finally implement this without jeopardizing the current economic growth. Continue
