Market insights

,

Investment-grade corporate bonds are a pillar of strength in uncertain economic times. Not only the very attractive yields speak in their favour - including those of USD bonds hedged into CHF or EUR.

,

Technology stocks and quality dividend stocks historically have a negative correlation, which allows building a long-term diversified equity portfolio. The prerequisite is the early detection of a change in the prevailing investment environment.

,

Outside of the hyped AI stocks, we find very promising companies in the related area of 3-D megatrends: digitalisation, demographics and decarbonisation. With convertibles, investors can take advantage of several benefits at once.

,

Real returns of emerging markets corporates are at their highest level in years. If the market environment continues to stabilize, we expect to see a resumption of inflows into the asset class in the second half of 2023 with corresponding support for performance.

,

For some time now, the relentless appreciation of the US dollar has been losing momentum. Commodity-exporting countries in particular – and the companies associated with them – are likely to benefit disproportionately from the USD weakness.