Trump trumped: will fundamentals win the day in 2020?
When looking ahead to next year it is easy to focus on the many uncertainties around the world, but we prefer to focus on what we consider a certainty: the continued, rapid digitalisation of the financial services industry. We have already seen huge disruption on this front (...)
Should alternative portfolios favor smaller, medium, or larger hedge funds? The choice might not be as obvious as before and may be more dependent on the stage of the business cycle. For many years, small hedge funds have steadily outperformed their large peers, sometimes by (...)
Despite the escalation of trade tensions during the third quarter, economic activity has remained quite resilient. Macro data releases even managed to beat expectations in the U.S. and in Japan, leading to a sudden rise in bond yields over the course of (...)
Falling Geopolitical Premium to fuel Global Macro Strategies
Progress in trade talks between the U.S. and China and in Brexit negotiations knocked down safe assets last week. Bond yields rose in most developed countries and gold prices fell, as the stance on both thorny issues reversed and turned (...)