We live in a digital world where security threats are proliferating and becoming more sophisticated. The Summer 2017 issue of Pictet Report, examines the nature of these threats and various aspects of online security. On a personal level, people find hackers trying to access their personal information online for criminal purposes. Commercial organisations and public […]
Asset allocation Markets have continued to rally on strong fundamentals. It has been important to stay invested, and we continue to favour DM equities. However, markets appear unduly complacent, and we have taken advantage of current low volatility to scale back our risk exposure. We reduced our equity overweight in June by selling part of […]
The 4th edition of the Latam Family Office Master Class took place in Nassau from the 3rd to the 5th of April 2017, with more than 65 guests attending. This year the focus was around family governance, geopolitics, technology and alternative investments.
With the election of Emmanuel Macron as French president, the tide of populism may have been stemmed for the moment in western Europe. Has Europe’s political class found the formula for dealing with the phenomenon? “I wouldn’t bet my investment career on it,” answers Pictet Wealth Management’s (PWM) chief investment manager, Cesar Perez Ruiz, in […]
Youthful entrepreneur Boyan Slat is pioneering a technology to remove the millions of tons of unsightly plastic trash floating on the surface of the world’s oceans, which endangers marine species and pollutes the human food chain. The five plastic garbage patches circulating in the world’s largest oceans have long been seen as a threat to […]
Asset Allocation Markets are starting to revise their expectations for the Trump administration. We still see some prospect of a US fiscal stimulus, but it is likely to be later (not kicking in before 2018) and less ambitious than hoped. Improving economic performance and strong earnings growth support our positive stance on DM equities, despite […]
We are pleased to introduce the Annual Review of the Pictet Group for 2016 — my first as Senior Partner. After I assumed the role on 1 July last year, I was asked if Pictet’s strategic direction would change. The Senior Partner is, by tradition, chair and primus inter pares of the board of partners, […]
Our main scenario, a win for a Europhile politician in the second round of the French presidential elections in May, could result in a small relief rally on markets. However, the National Front’s Marine Le Pen is seen as being one of the two candidates to go through from the first round next Sunday to […]