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.
Pioneering spirit, know-how and growth are the basis for BB Biotech's success over the past 25 years and have made the investment trust one of the world's largest biotech investors. Learn more about the key factors of this success story.
China Railway Construction Corporation excluded UBS from a bond deal after the bank’s global chief economist used the phrase “Chinese pig,” adding another chapter to an unexpected tiff between Switzerland’s largest bank and China. According to Ji Bo, chief representative for Europe at the Cheung Kong Graduate School of Business, cultural awareness is key.
With the European Commission and Switzerland unlikely to sign off tomorrow on their long-awaited treaty, Stefan Legge, lecturer in economics at the University of St. Gallen, says it’s imperative that “David and Goliath” reach a deal. Entering a prolonged tit-for-tat game, he adds, could jeopardize existing good relations.
After the financial crisis, many institutional investors have moved to direct lending in search of higher returns. Kirsten Bode, co-head of private debt, pan Europe at Muzinich & Co., talks about the origins of that market and how she sees the risks in this asset class.
As women in Switzerland took to the streets on Friday to call for equality and respect, Isabelle Fellrath, a lawyer at SwissLegal, says much of the message had been diminished by the debate around whether it could even be called a strike or not. Legalities aside, Fellrath argues that “we are walking on eggshells” in addressing sensitive issues and the key message is that something substantial needs to be done.
Banks may be asking the SNB to end its negative interest rate policy, which weighs on their profitability. But the central bank is nowhere close to that, according to the SNB’s Andréa Maechler. She also stresses that it is ready to intervene on the FX market if need be. She starts by explaining what SARON, the new reference rate, actually means for mortgages.
Facebook will soon unveil its plan to introduce a digital coin, the so-called Libra. Philippe A. Naegeli, co-founder and CEO of the financial firm GENTWO, discusses Switzerland’s role.