Our latest articles, market insights and CIO Flash Notes — all in one place.
CIO Flash Notes · Michel Schiffelholz
We are launching our Thematic Alpha
4 August 2026
Live market data is provided by TradingView. Enabling it connects to TradingView, which receives your IP address.
Article2 days ago51 views
Despite the challenging market environment, particularly across Asian equities, we remain constructive on the outlook for semiconductors and memory, which are at the heart of the Taiwanese and South Korean equity markets. Both markets have…
Article5 days ago90 views
Election Day in the US is upon us and may mark the beginning of an important political shift. Betting markets and opinion polls point to a high probability of a Democratic sweep. However, investors should treat such signals with caution.…
Article18 days ago208 views
KEY TAKEAWAYS ➔ Higher interest rates and concerns over AI monetisation have triggered a sharp correction in technology stocks. ➔ Gartner estimates that asset impairments across AI infrastructure could reach $3.5 trillion by 2030. ➔ AI…
Article26 days ago283 views
Amid renewed uncertainty in commodity markets after the deadly attacks on the Riyadh airport this weekend, crude oil is fairly stable and refined products are slightly down as we go to press. Despite lingering uncertainties, we see several…
Article6 October 2026333 views
Our report's title echoes the situation in France, which we revisit this week. It comes amid such nervousness in the bond markets that signs of stress reminiscent of the 2011-2012 sovereign debt crisis have reappeared. But in a deliberate…
Quarterly1 October 2026359 views
The third quarter of 2026 showed that June’s oil pullback was only a temporary respite. From July onwards, the collapse of the memorandum of understanding between Washington and Tehran, the renewed blockade of the Strait of Hormuz and the…
Article28 September 2026391 views
Back to square one. While there were some positive signals last week regarding a potential reopening of the Strait of Hormuz, expectations rapidly turned sour. Maritime traffic in the Middle East remains deadlocked, and energy prices keep…
Article23 September 2026417 views
Following the strong performance of North Asian equity markets over recent months, we have decided to lock in part of the gains generated in Taiwan and South Korea , while further diversifying the portfolio’s sources of return. We are…
Article17 September 2026324 views
The sharp rise in bond yields over recent months is increasing pressure on fiscal authorities to proceed with caution. Although the effective interest rate paid on outstanding public debt remains significantly below current market yields,…
Article10 September 2026412 views
Recent price action across asset classes shows that geopolitical uncertainty continues to cap investor sentiment despite robust earnings growth projected into 2027. While conflict de-escalation remains elusive, Brent crude prices hovering…
Article3 September 2026383 views
In this report, we analyse the factors that drove bond yields sharply higher over the summer and assess which of these may reverse. This is the second instalment of our year-end outlook, focusing on rates. Last week, we outlined our…
Article25 August 2026469 views
The summer was hot on multiple fronts. Renewed geopolitical tensions kept investors on edge, while their spillover effects on energy markets and inflation expectations pushed bond yields higher. Although uncertainty remains elevated and…
This website uses functional cookies and, with your consent, analytics cookies (Google Analytics and Microsoft Clarity). With your consent it also shows a third-party live market-data ticker, which sets no cookies but connects to its provider (receiving your IP address). Cookie Notice
