Aktienausblick 2025: Globale Emerging Markets
Beflügelt von Megatrends
Italian banks in focus: Key takeaways from our engagement trip to Milan
The Corporate Sustainability Reporting Directive (CSRD) – is it fit-for-purpose? Companies are racing to finalise their first CSRD-aligned disclosures. However, issuers across several sectors have told us that compliance is neither easy nor cheap; it requires significant upfront costs to establish the necessary IT systems, hire dedicated full-time equivalents (FTEs), and achieve a cultural shift […]
US-SMID-Ausblick: Auf dem Weg nach oben
Deutsches Transkript Warum glauben Sie, dass jetzt der richtige Zeitpunkt für US-SMID-Aktien ist? Wir glauben, dass jetzt ein wirklich guter Zeitpunkt ist, um in kleinere und mittelgroße US-Aktien zu investieren. Nicht nur die relative Bewertung ist im Vergleich zu den Large-Caps günstig, sondern wir erwarten auch ein höheres Gewinnwachstum in den nächsten Jahren. Die US-Wirtschaft […]
Asien ex Japan: Südkorea, Reformen und China
Gilt trip
The term ‚bond vigilante‘ has been tossed about lately, as fears arise about the sustainability of government debt burdens. The UK, in particular, has been on the receiving end of these narratives. Bond vigilantes are hard to distinguish from normal bond investors who are simply reacting to traditional economic cycles or allocation needs. So, what […]
Schwellenmärkte beschleunigen fiskalpolitische Verbesserungen
EMD-Bericht Q1 2025
Asien ex Japan: Eine Verschiebung der Momentum-Dynamik?
Brief an Investoren
Finding the balance
Investors seeking to determine a security’s ‘true’ long-term value and to invest in those priced below that value can employ various methods. Some may build dividend discounting models or apply multiples to earnings forecasts. Others may come from the top down, estimating total addressable markets, market shares and profit margins. One commonality these investors share […]
AI start-up rattles US goliaths
market snapshot
European stocks rally despite tariff fears
market snapshot
