Nachrichten und Einblicke

Trotz geopolitischer Herausforderungen zeigt sich die US-Wirtschaft robust, und eine tiefe Rezession in Europa scheint abgewendet. Wir halten daher eine hohe Aktienquote und favorisieren Anleihen bis zehn Jahre Laufzeit, fokussiert auf Wachstumssektoren wie Gesundheit und Technologie.

Donald Trump has been elected as the 47th President of the United States, marking his second term and making him one of only two presidents, alongside Grover Cleveland (in the 1890's), to serve non-consecutive terms. The election day saw a sharp market rally in response to Trump’s victory.

The Budget confirmed very significant changes to the taxation of ‘non-doms’, arguably the biggest in personal taxation for over 200 years. In this note we summarise the proposed new rules and the key areas in which they are likely to have an impact.

The long-awaited Budget, the first ever by a female Chancellor and the first by a Labour government in 14 years, has finally been delivered. In this note, we summarise the key tax changes for individuals from the 2024 October Budget and consider the impact on taxpayers.

Globale Aktien fielen im Oktober um 2,2 % (in USD), während die Renditen globaler Staatsanleihen um 1,2 % zurückgingen (in USD, gesichert).

In a rapidly evolving geopolitical landscape, financial markets are feeling the weight of numerous global challenges. In our interview with Wealth Management Switzerland's CIO, Dr. Carlos Mejia, we explore the shared concerns voiced by clients across Europe, from the impacts of the upcoming U.S. presidential election to the economic uncertainties in China and Europe.

This award celebrates the outstanding achievements of individual private bankers and the top companies in the Swiss industry. The recognition of our comprehensive and long-term approach to business reflects our commitment to excellence and unwavering dedication to meeting our clients' needs over generations.

Senior hire strengthens the firm’s global equities business and further expands the Global Advisory business in Europe.

Diese Ausgabe von Insights befasst sich mit den USA vor dem Hintergrund der bevorstehenden Wahlen und enthält Erkenntnisse unseres Chief Investment Officer sowie Analysen unseres Global Investment Strategist und Fixed Income Teams. Ausserdem berichten wir über eine kürzlich durchgeführte Reise in die USA, erkunden das Potenzial der Robotik und diskutieren die sich entwickelnden Beziehungen zwischen den USA und der Schweiz.

We are now entering the final act of this dramatic 60th presidential election. The polls are too close to call, yet the candidates’ positions could hardly be more polarised. In this election essay we examine the potential economic repercussions of the upcoming vote.

In October’s edition, we look at the details of OpenAI’s recent $6.6bn raise, who invested and who didn’t, at the financials and at the state of OpenAI as its mission shifts awy from capped profit status. Meanwhile global VC fundraising in Q3 was twice the level of Q1 and September was a robust month for VC backed company raises on both sides of the Atlantic.

Der Leiter des deutschen Portfoliomanagements bei Rothschild & Co, Christian Schwab, befürwortet eine vernünftige Aktienquote in Kundenportfolien.