The stock market’s bumpy ride has had consequences for Swiss pension funds. According to Heinz Rothacher, CEO of the consulting firm Complementa, coverage ratio fell by 0.5 percent this year, but he doesn't expect a major correction.
Ahead of the Swiss National Bank meeting, Samy Chaar, chief economist at Lombard Odier, participates in our SNB challenge. Like most of his peers, he expects the SNB to raise interest rates in September 2019. But first he starts by talking about the U.S.-China trade war and what is at stake for Swiss businesses.
Ronald Wildmann of Research Partners explains how companies such as Orior, Hochdorf, and Bell are taking advantage of the new trends in the food market, in Switzerland and abroad. Wildmann also says that those companies remain untouched by the trade dispute taking place between the U.S. and China, but that margins remain under pressure.
Despite the high costs, a recent survey by gfs.bern and Interpharma shows that the Swiss are not willing to change their health care system. According to Alexander Frind, project manager at gfs.bern, people generally do not perceive the high costs as a problem.
Luxury expert Scilla Huang Sun of GAM Investments sees growth ahead for luxury companies like Swatch and Richemont despite the recent drop in share price. This is because millennials are driving growth in the luxury sector, with luxury companies increasingly embracing digitalization and looking at how to attract this new demographic.
As oil prices fall to the lowest in at least six weeks, OPEC, Russia, and other large producers prepare to meet in Vienna this week. According to Daryl Liew, head of portfolio management at Reyl Singapore, markets believe that an increase in oil production will be decided.
With more trade discussions on the way and Brexit still unresolved, Europe could face a slowdown. Nevertheless, Norman Villamin, Chief Investment Officer at UBP, still believes in growth for the eurozone.
According to Antoine Lesne, head of SPDR ETF strategy and research at State Street Global, a good 80 percent of the capital inflows in ETF this year have been into those investing in equities. When it comes to inflows in bond markets, the focus is on bonds with a shorter duration.
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 Financial Market Supervisory Authority (FINMA) has concluded its investigation into Swiss bank Raiffeisen, saying it identified “serious shortcomings” in its governance. One issue with the third-largest banking group in Switzerland is its corporate structure. According to Daniel Bühr, partner at Lalive, it is a challenge to have effective control functions in place even though there is no control by shareholders like in a public company.
Global index compiler MSCI included 226 Chinese large-cap A shares on its MSCI Emerging Markets Index and other global indexes as of June 1. According to Jian Shi Cortesi, fund manager at GAM, this will increase foreign participation and help the market to become more mature.
The European Central Bank (ECB) wants to end its bond-buying program by the end of the year. To many this came as a surprise, says Markus Schomer, chief economist at PineBridge Investments. The ECB is signalling that it is quite confident that the outcome of the Italian election will have an impact on the markets.
Peter Rosenstreich, head of market strategy at Swissquote, says that Switzerland, as a small open economy, will be impacted by what the U.S. Fed and the ECB decide. In his interview with Hannah Wise, Rosenstreich starts by explaining what the AT&T-Time Warner deal means for Europe.
Better financial return and better governance, that is what gender diversity can bring to companies, according to Anne Tolmunen, portfolio manager at AXA Investment Managers. All countries have to do better to promote women's role in the workplace, says Tolmunen.
Despite some clouds gathering on the global trade horizon, Panagiotis Spiliopoulos, head of research at Vontobel, does not foresee much damage being done to Swiss companies. With the exception of big industrial players like ABB or Sulzer, he says, there is not much to worry about. Additionally, higher interest rates could be a boon to banks and insurers.