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Erste Asset Management Investment Blog

Money, Funds, Stocks & more – The Investment Blog of Erste Asset Management

Markets
Gold price under pressure: Pause or trend reversal?
Gold price under pressure: Pause or trend reversal?

Gold price under pressure: Pause or trend reversal?

With the outbreak of war in Iran, the rally in the price of gold has also stalled. Despite the geopolitical risks, the precious metal has recently been weak. However, there are a number of factors that could drive the gold price back into higher spheres, as portfolio manager Gabor Minarik analyzes in his article.

Beginners
Frau blickt in Ferne
Financial independence for women: a key skill in today’s world

Financial independence for women: a key skill in today’s world

On International Women’s Day, we are focusing on a key issue for the future: financial independence as the key to female self-determination. In times of economic uncertainty in particular, it becomes clear how crucial financial independence is – especially for women who want to shape their future independently of their partner or family structures.

Equities
Energy hunger and energy transition: what environmental technologies have to do with AI
(c) AdobeStock
Energy hunger and energy transition: what environmental technologies have to do with AI

Energy hunger and energy transition: what environmental technologies have to do with AI

With the rapidly growing power requirements of modern AI applications, renewable energies, high-performance grids, and flexible storage solutions are coming into focus. Read why the energy question is becoming a decisive factor in the digital future in our new blog post.

Markets
Weekly Winzer: Outlier risk
US President Donald Trump meets with Lebanon’s Ambassador to the US, Nada Hamadeh Moawad, and Israel’s Ambassador to the US, Yechiel Leiter, at the White House in Washington, DC on April 23, 2026. US President Donald Trump met Lebanese and Israeli envoys at a new round of peace talks Thursday, with Beirut seeking a one-month extension of a shaky ceasefire set to expire. (Photo by Brendan SMIALOWSKI / AFP)
Weekly Winzer: Outlier risk

Weekly Winzer: Outlier risk

Although the extended ceasefire in the Iran conflict reduces short-term risks, the outlier risk for the economy and markets remains. Chief economist Gerhard Winzer explains in his weekly market commentary why potential energy shortages are becoming a key factor.

Markets
Fed rate cut – A Christmas present
A view of the New York Stock Exchange (NYSE) and Christmas tree on December 5, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
Fed rate cut – A Christmas present

Fed rate cut – A Christmas present

As expected, the US Federal Reserve has lowered its key interest rate once again. This is a positive step for the markets. But how will the Fed continue with its interest rate policy in the new year?

Equities
Tech stock fund manager Ruttenstorfer: “AI is more than just a hype”
Tech stock fund manager Ruttenstorfer: “AI is more than just a hype”

Tech stock fund manager Ruttenstorfer: “AI is more than just a hype”

Investors around the world are wondering whether the current developments surrounding artificial intelligence (AI) are only a hype on the stock markets or actually heralding a new era of value creation. What is really behind the boom? Bernhard Ruttenstorfer, fund manager of ERSTE STOCK TECHNO, assesses the situation.

Gold, raw materials
The markets in a gold rush – overheated rally or brilliant opportunity?
The markets in a gold rush – overheated rally or brilliant opportunity?

The markets in a gold rush – overheated rally or brilliant opportunity?

Gold on the rise: Will the rally continue and what opportunities are still available for investors? Read today’s blog post to find out what is behind the development of the gold price and why shares in the gold sector might also be worth a look.

Weekly Winzer

Weekly Winzer

A concise summary of what the markets are watching: the weekly market commentary by Chief Economist Gerhard Winzer 👉

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Sustainability
World Environment Day: creating a positive impact with active ownership
World Environment Day: creating a positive impact with active ownership

World Environment Day: creating a positive impact with active ownership

Today’s World Environment Day focuses on environmental and climate protection under the slogan “Our Power, Our Planet.” Find out how we, as an active investor, are driving sustainable change in companies in today’s blog post.

Sustainability
Biodiversity: Engagement for our nature
Biodiversity: Engagement for our nature

Biodiversity: Engagement for our nature

Around 8.7 million different species live on Earth – and they all provide important “ecosystem services”. This is precisely why the protection of biodiversity is essential. In the area of engagement, this year we are focusing on the chemical and pharmaceutical industry and are making contact with one of the world’s largest corporations in this sector.