The craft of investing

The current economic environment is shaped by geopolitical tensions, divergences in growth, and structural changes that are influencing market developments and investment decisions.

In an environment shaped by geopolitical uncertainty, we analyse the resilience of economic growth, the divergences across markets, and the key role of diversification in investment strategy.

Know our analysis of the environment, the market situation and the status of our portfolios.

Rising geopolitical tension and a more demanding economic environment are increasing market volatility, while fundamentals continue to show a moderate pace of growth.

Uneven economic backdrop, inflation gradually easing, and markets shaped by artificial intelligence and political uncertainty. Opportunities are concentrated in quality businesses and intermediate‑duration fixed income.

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Moderate growth, the strength of artificial intelligence in the markets, and the opportunities to invest wisely in 2026.

The convergence between the US and the EU, the impact of AI on markets, and the keys to investing wisely in an uncertain environment.

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An economic and financial outlook shaped by regional divergences, monetary adjustments, and investor caution in an uncertain geopolitical context.

Know our analysis of the environment, the market situation and the status of our portfolios.

The global economic environment shows divergent signals between the U.S. and Europe, with inflationary pressures, geopolitical shifts, and moving markets. This context demands strategic decisions and greater diversification in investments.