Senior Funds Manager Felix Dornaus summarises his learning points from the presentations by the International Monetary Fund in Washington on 20 to 23 April 2018. Who were the winners and who the losers?
Monthly archive:April 27, 2018
Turkey´s astonishing rush to early elections
Amalia Ripfl, Senior Fundmanager explains Turkey´s rush to early elections: who profits and what does it mean for the equity market?
Bleaker sentiment on the financial markets
The environment on the financial markets has become a bit bleaker. Growth rates of industrial output and the survey-based indicators for economic growth are falling, while the trade conflict between the USA and China and the tense geopolitical situation in the Middle East has caused the risk for global growth to increase further. Will the environment remain generally supportive to risky asset classes?
Judging Managers’ Character
It is often overlooked and due to its elusive nature, there is no standardized way to judge someone’s character. The topic rarely appears in textbooks or professional courses, and investors are generally skeptical about their ability to asses it. Which leads to the following question: Is it knowable? In other words, is there some reliable way to judge someone’s character?
Financial Markets Monitor April: upside-down scenario
On 3 April, we held our monthly Investment Committee meeting. Only three weeks after the previous one – three weeks that were tightly packed with issues, as we can see in the performance data of the most important asset classes. Equities and high-yield bonds have lost value, whereas Eurozone government bonds and emerging markets bonds have recorded gains. An upside-down scenario, compared to previous months.
2018 elections in Hungary: political stability – curse or blessing?
The FIDESZ-Christian Democratic coalition won the general election. They gathered 133 mandates of the 199 seats, an expected 2/3 majority for the governing parties.
Helping people to help themselves
There are investments that create a better world. Microloans give people in the Third World a chance to a better life and facilitate a stable yield for domestic investors.
Data leak by Facebook – are technology shares at risk?
Open questions about the processing and leaking of data by the social media giant have triggered a correction among technology companies. Bernhard Ruttenstorfer, fund manager of our technology equity fund, has answered questions regarding facebook et al. in this flash interview.