After a good start to the US reporting season, the tide on the US stock exchanges turned last week. Find out more in our new blog.
ARTICLES IN THE TOPIC “Equities”
Stirred, not shaken – A first take on last week’s stock market meltdown
Last week, the S&P 500 lost more than 3%, followed by another loss of more than 2% on the next day. Read about the reasons behind this decrease in our new blog!
US Federal Reserve with the third interest rate hike this year
The central bankers’ assessments regarding inflation and the labour market are considered important indicators for future interest rate policy. More on our blog.
Possible breakthrough in gene technology driving biotechnology share prices
Biotech shares are regarded as highly promising due to the innovative strength of the sector, but they also tend to be subject to drastic price fluctuations both ways. After a long period of consolidation, biotech shares have embarked on a clear upward trend since May 2018. Harald Kober, Senior Fund Manager, explains the reasons for the investors’ optimism.

European equities – still time to get on board?
The performance of European equities in the year to date has been disappointing. While in the USA stock exchanges are going from strength to strength, European share prices have been stagnating. Is it still worth investing in European equities?

Austrian stock market 2018: Flattish, with room to surprise on the upside
Over the past three years (2015-2017) the ATX, Austria’s main equity index, posted an annual return of more than 16%, making the Vienna Stock Exchange the best performing European stock market (or second best, if Eastern Europe is included).
Russia back on growth path prior to the World Cup finals, but no reason for euphoria
At the kick-off for the World Cup finals on 14 June, Russia will move to the public limelight for four weeks. Time for a closer look at the Russian economy and equity market.

Sell in May and go away?
Every year at the beginning of May, investors are faced with the question of whether they should leave the stock exchanges and take the profits generated up to that point, and return at a later date in autumn. But is the old stock market adage “Sell in May” still valid?
Equity returns and dividends: it depends on the market phase
To most people, the notion of the performance of shares relates to changes in the share price. This does not take into account the second component of return, i.e. the dividend. Simply looking at the share price development seems too one-sided to me. After all, dividends may account for up to a third of total return, as is the case for example for the shares listed on the Vienna stock exchange. However, shares with strong dividends do not generate the highest total return in every phase of the market.
Equity investors’ interest rate fears may be overblown
Fears of rising interest rates are back. Was the recent 9% correction in global equities just a market blip, amplified by technical factors related to the trading of volatility products? Or something more serious – a regime shift signalling the end of the equity bull market as many have argued?