Wealth management

SEARCHING FOR YIELD As expected at the end of last year, risky assets have outperformed, delivering superb performance year-to-date. Total returns for equities are double-digit for a large fraction of markets and about 5% for high yield corporate bonds. Despite this good performance, we remain convinced that there is further upside to catch as current equity...

2013: IT IS NOW TIME TO RECONSIDER RISKY ASSETS ! Looking ahead first requires looking back to consider the legacy of the financial crisis. Five years after the crisis broke out, Western economies are still in repair whereas emerging economies have against expectations brilliantly weathered the downturn and continue to fare well. We are inclined to convey a...