Perspectives

‘What will the rest of the year bring?’

After a relatively subdued first half for risk assets, the outlook for the rest of 2018 looks complicated, but not without hope. Global equities were trendless and the overall performance of risk assets lacklustre in the first half of 2018. But while trade tensions have been causing jitters and could continue to do so in […]

A modified approach for a low-return environment

Our annual Horizon publication contains Pictet Wealth Management’s analysis of expected returns over a 10-year horizon. Simply put, major asset classes are expected to deliver lower returns. But alternatives offer greater potential — in exchange for a degree of illiquidity. This abridged edition of Horizon sets out our rationale behind our expected returns forecasts relative […]

Horizon special

The latest issue of Perspectives is a special edition devoted to Pictet Wealth Management’s (PWM) analysis of expected returns across 35 asset classes over a 10-year investment horizon, as well as the secular economic and market trends that will underpin those returns. This special edition resumes the more detailed analysis contained in our annual publication, […]

A period of transition

The early weeks of 2018 were full of twists for financial markets, with a rapid rise in bond yields leading to a short, sharp sell-off in equities. And while volatility subsequently fell back, it has still not returned to the low levels of 2017. What is going on? According to Christophe Donay, Head of Asset […]

After an exceptional year…

2017 was an exceptional vintage for risk assets that will be hard to repeat this year. But the environment could become increasingly favourable for active management as challenges rise and volatility increases. This is one of the main messages from Pictet Wealth Management (PWM) analysts and strategists featured in the 2018 special edition of Perspectives. […]

Doing nicely

The upturn in economic growth, benign central banks and improving corporate fundamentals have all ensured that most asset classes are set to finish 2017 in positive territory. But will the good times last? In the view of Pictet Wealth Management’s (PWM) chief investment manager, Cesar Perez Ruiz, next year “currently looks set to be a […]

Deceptive calm, ‘Perspectives’, October-November 2017

The strong equity gains of early 2017 petered out over the summer, in spite of buoyant earnings, reflecting the market’s belief that remaining upside in equites remains limited, especially in the absence of meaningful tax stimulus in the US. Reflecting relatively modest prospects, Pictet Wealth Management (PWM) recently moved from a positive to a neutral […]

Time to deliver, ‘Perspectives’, March-April 2017

With President Trump’s plans to ‘reform and repeal’ Obamacare suffering a serious setback in Congress in March, attention is once again turning to the new administration’s plans for tax cuts and fiscal reform. The so-called ‘reflationary trade’, while in large part based on improving economic dynamics, also owes something to expectations that the new US […]

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9

Subscribe

Fill out the form below and click commit to subscribe to the next
editions of Perspectives.