Year-end rally ahead?
Despite the disappointing development of the financial markets and despite the downward revision of economic growth rates in most regions of the world we are in favour of equities, which are trading at attractive buying levels presently.
 Year-end rally ahead

Disaster protection
The financial crisis increased the awareness of the existence and the relevance of extreme risks, the so-called "tail risks". But how could we hedge these types of riskes as experienced in 2008.
 Disaster protection

Strong Swiss Franc - for how long?
Investors with global respectively USD assets - and base currency CHF - had to be patient in recent months. Despite rising market prices of their investments, the performance in CHF was - at best - nil. Too often the investment performance showed a negative return, which obviously increased frustration among investors.
 Strong Swiss Franc - for how long?

Asia goes green
The strong growth in emerging markets has influenced the attitude towards natural resources. The region is forced to strengthen environmental responsibility and sustainability. This creates new opportunities for investors.
 Asia goes green