Market insights

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Our portfolio management teams present their outlooks for 2020.

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Corporate bonds of issuers based in emerging markets offer investors a powerful diversification element as well as strong potential for outperforming the wider bond market, and are therefore worth a closer look.

Read the article by Theo Holland, Senior Portfolio Manager, on The National website.

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More and more voices have recently been heard warning of an imminent recession. There are indeed some signs that the economy is weakening, but we also see some positive signs pointing to a renewed recovery in the global economy. Both our macro and equity models continue to send out positive signals.

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FISCH CIO Beat Thoma explains why convertible bonds should work well in a recessionary scenario. Read his comment on Citywire.ch.

As the majority of US banks have now published their quarterly results, we provide our view on US financial institutions in light of the latest developments in interest rates. We focus particularly on the impact on net interest income given that bank earnings heavily rely on the lending business.