Sustained success
Positive performance on the financial markets has helped to significantly increase the value of our portfolios despite the challenging global economic climate and geopolitical tensions.
Investment compass – April 2024
The monthly publication includes a topical editorial, our positioning including the conclusions from the analyses, a market overview of the most important asset classes, an assessment of the current economic situation in various regions, and our current model portfolios.
Growth stocks are particularly vulnerable when there’s a lack of progress on reining inflation in.
Positioning
Market concentration
Growth stocks in particular are likely to be adversely affected by pressure on long-term interest rates in the USA. That’s why we recommend taking profits from the growth stock-dominated US equity market, and investing in global value stocks instead.
Market overview
Faltering momentum
The stagnating decline in inflation led to disillusionment on the global financial markets. Bond markets fell significantly in value, while equity markets began to falter.
Economy
Contrasting economic cycles
While US economic growth remains robust, Europe and China continue to show weakness.
Model portfolios
Rotation
In a higher interest rate environment, value stocks are more resilient than growth stocks, which are more sensitive to interest rates. That’s why we advise buying global value stocks at the expense of the tech-dominated US equity market.
“Investing with foresight” short video
In our video, our CIO provides an update on the current situation on the financial markets and explains events in just a few minutes.
Newsletter
Investment compassInformation relevant to your investment decisions. The “PostFinance market view”, complete with our position on and assessment of the financial markets and the overall economic situation.
Newsletter
Information on investingGet more from your money. Get succinct investment insights for novice and advanced investors nine times a year as part of your subscription. How to become an investment pro step by step.
The newsletter is aimed at customers domiciled in Switzerland. The legal information and information on the protection of personal privacy apply.