The Italian-born economist Annamaria Lusardi is on the forefront when it comes to fighting financial illiteracy. In the interview with CNNMoney Switzerland, she talks about her findings and how to improve the understanding of fundamental concepts.
The Swiss stock exchange wants the Swiss National Bank to issue a digital coin. For Adriano Lucatelli, co-founder and CEO of Descartes Finance, this would be a good move for Switzerland. In his view, a “digital Swissie” could be a successful export product like “chocolate and cheese.”
The Swiss franc could hit parity with the euro within 5 to 10 years if it continues to appreciate by around 2 percent a year, says Thomas Stucki, CIO of St. Galler Kantonalbank. He adds that the speed at which the franc appreciates, rather than the level, will be the bigger deciding factor for the Swiss National Bank on when to intervene. But, he says, if it sinks below 1.07 then it can pose a challenge to the economy.
Amid various trade disputes, Johan Utterman, head of Swiss equities at Lombard Odier Asset Management, sees some Swiss large and medium caps well-positioned in case of an economic downturn, especially companies in the tech sector.
Despite the uncertainties regarding global growth and the weakening of the U.S dollar, Liam Spillane, head of emerging markets debt at Aviva Investors, sees a positive outlook for fixed income in emerging markets.
U.S. President Donald Trump signed an executive order on Monday to impose further sanctions on Iran. Carsten Menke, commodities expert and head of next generation research at Julius Baer, gives his insight on recent gains in oil prices, arguing that the news of recent weeks hasn’t changed the outlook for the oil market output.
The number of people fleeing war, conflict, and persecution surpassed 70 million last year. But how can refugees be included in the economies of their new countries? Valentina Velandia, co-founder of Capacity, sees an entrepreneurial approach.
With all eyes on the U.S. Federal Reserve’s monetary policy statement, Didier Saint-Georges, member of investment committee at Carmignac, argues that Chair Jerome Powell’s must show that the Fed’s decision hasn’t been swayed by political pressure—otherwise credibility is questioned.
As we age, our pensions tend to push us toward less risky assets. But with many of us now facing a life span of over 100 years, AXA Investment Managers suggest that we should in fact embrace more risk than we normally would.
The European Union on Tuesday refused to give the Swiss stock exchange access to EU markets beyond June after Bern failed to sign a new treaty with Brussels. Christopher Gannatti, head of European research at WisdomTree, says the two sides still have 12 days to find a solution to the impasse.
Facebook will launch Libra as a global cryptocurrency. Switzerland’s vibrant crypto industry, however, is divided when it comes to judging the latest announcement from the social media giant, as CNNMoney Switzerland’s Olivia Chang reports.
On Tuesday, Facebook formally unveiled Libra, its highly-anticipated digital currency project, and also announced the creation of the Libra Association. According to Dante Disparte, head of policy and communications for the Libra Association, here’s what we can expect.