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The great divergence still firmly in place

The July 2012 issue of Perspectives is now available for reading and downloading. Today we preview the macroeconomics section of the magazine. Over the past twelve months or so, we have regularly referred in this publication to the phenomenon we have dubbed the ‘Great Divergence’. We define this as the increasingly divergent trajectories being taken […]

Nothing has changed

The July 2012 issue of Perspectives is now available for reading and downloading. In his editorial outlook, Chief Investment Officer Yves Bonzon explains that nothing has changed. We have only just avoided the worst. The tilting of the Franco-German axis in favour of France after the change of power in Paris was used to extract […]

Chinese GDP growth continues to slow and the outlook remains weak but not alarming

Macro data stemming from China continue to disappoint but policy easing measures should start to have a positive impact in the coming months. The National Bureau of Statistics released key economic indicators on Friday that confirm the gradual slowdown of the economy. We believe the new yardstick for annual GDP growth in the years ahead is likely […]

Download Perspectives July 2012: “EU summit not a real game-changer”

The July 2012 edition of Perspectives – titled “EU summit not a real game-changer” – is now available for download and online reading. In this edition: • Editorial outlook: Nothing has changed • Macroeconomics: The Great Divergence still firmly in place • Strategy: European summit offers a little respite • Headline news from around the […]

Download Perspectives July 2012: "EU summit not a real game-changer"

The July 2012 edition of Perspectives – titled “EU summit not a real game-changer” – is now available for download and online reading. In this edition: • Editorial outlook: Nothing has changed • Macroeconomics: The Great Divergence still firmly in place • Strategy: European summit offers a little respite • Headline news from around the […]

United States: subdued economic data, but growth likely to reaccelerate in the second half

The recent widespread deterioration in the US data flow has certainly been somewhat discouraging. However, supported by improving fundamentals in sectors such as credit, housing and small firms, the recent sharp fall in oil prices and – hopefully – more market-supportive developments in the euro area, we continue to expect some modest reacceleration in the […]

Prix Pictet shortlist announced

We take a break from our regular programming to talk about photography, as the names of the twelve photographers shortlisted for the fourth Prix Pictet, “Power”, were announced last week at Les Rencontres d’Arles, during an evening screening in the Theatre Antique attended by hundreds of photographers, journalists, critics, and gallerists there for the opening […]

Opportunities in the luxury sector

The luxury sector looks promising as the Emerging Markets represent now 40% of the global luxury items consumption. In this video Caroline Reyl, Senior Investment Manager, explains how the Chinese consumers will drive growth and profitability for luxury brands.

Fifth edition of the “Trophée du Luxe”

Pictet France was the main partner of the Trophée du Luxe, a Golf tournament held at the Golf de Joyenval near Paris. Games were played in shotgun start, a format in which players tee off simultaneously from different holes. In the evening, the event moved to Paris, rather to Switzerland in Paris as guests gathered at the […]

Fifth edition of the "Trophée du Luxe"

Pictet France was the main partner of the Trophée du Luxe, a Golf tournament held at the Golf de Joyenval near Paris. Games were played in shotgun start, a format in which players tee off simultaneously from different holes. In the evening, the event moved to Paris, rather to Switzerland in Paris as guests gathered at the […]

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