Latest Posts
AI hype? Now it’s time to decide who could really benefit
Technology heavyweight Nvidia once again exceeded expectations with its quarterly figures. We spoke to fund manager Bernhard Ruttenstorfer about this and the current market phase in the AI race.
New Fed chief: What will change with Kevin Warsh at the helm?
The US Federal Reserve has a new chairman in Kevin Warsh. While his predecessor Jerome Powell can look back on an eventful term in office, the change of chairman raises one question in particular: how will the Fed monetary policy change under Kevin Warsh?
Discretionary Portfolio Management Update: Spring awakening
Despite geopolitical tensions and rising inflation, the capital markets are proving resilient. Good US corporate earnings are supporting this trend. In this Discretionary Portfolio Management update, Gerald Stadlbauer explains why a balanced, risk-conscious investment strategy remains important.
From defence to cybersecurity: how security is turning into a structural investment topic
Security is being redefined. Rising defense budgets, geopolitical tensions, and new digital threats from cyberattacks are making security a structural investment topic. Read our new blog post to learn what role cybersecurity plays in this and what it means for investors.
Investing with more options – but also more decisions
The world of investment has rarely been as diverse and at the same time as confusing as it is today. With so many investment opportunities, it is easy for private investors to lose track. But there are also simple and more attractive alternatives.
Energy, security and electricity demand: why environmental technologies are entering a new phase
Since the beginning of the Iran conflict, the topics of energy independence and security of supply have been on everyone’s lips again. Renewable energies and environmental technologies can make a decisive contribution to this. This was also demonstrated at one of the most important industry meetings for renewable energies. Read more about this in the blog article by fund manager Alexander Weiss.
India remains solidly on track for growth, forming new partnerships and alliances
India’s economy is growing dynamically, with new trade agreements and investments expected to provide a further tailwind. The Indian market could also be increasingly worth a look for investors.
Discover new opportunities with Private Credit
Alongside private equity and private infrastructure, private credit is one of the largest and most popular asset classes among investors in the private markets and is considered an alternative form of corporate financing.
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.
Erste Insights Update: Middle East Conflict and Its Impact on Markets
The Middle East conflict remains a key issue for global capital markets. Erste Group’s Group Chief Investment Office has analyzed the market implications in two scenarios. Read now!
Profits, losses, lessons: What you really have to know about trading
From financiers to trading to crypto: how GenZ invests today, which mistakes often cost money and what really matters when it comes to long-term wealth accumulation.
Market update: All eyes on the Middle East
The Iran war is not only affecting global supply chains, but is also increasing inflation risks worldwide. In today’s market update from Gerald Stadlbauer, Head of Discretionary Portfolio Management, you can find out which points are crucial now and how DPM is positioning itself in this environment.
The Iran War and its consequences: Which industries are most affected
The consequences of the war in Iran are increasingly affecting the global economy. Rising energy prices, disrupted supply chains, and higher transportation costs are increasing cost pressures along international value chains. Not all companies are facing the same level of pressure. To find out which sectors are particularly affected and where potential beneficiaries are emerging, read the new investment blog from Erste Asset Management.
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.
Invest in the infrastructure of the future with Private Infrastructure
Infrastructure is the invisible backbone of our modern world. Find out more about this private markets asset class.
Signs of easing in the Persian Gulf
The US, Israel, and Iran have agreed to a two-week ceasefire. The markets have reacted positively, but does this mean lasting peace? Chief Economist Gerhard Winzer analyzes this in his weekly market commentary.
Weekly Winzer: Hope for negotiations
The situation in the Iran war has come to a head in recent days. While the real objectives of the USA and Israel remain largely unclear, the question arises as to how realistic negotiations in the near future are. Read more in today’s market commentary by Chief Economist Gerhard Winzer.
Private equity as a key pillar of a functioning private sector
Private equity encompasses investments in all companies that are not listed on a stock exchange. This makes it the largest and, at the same time, the most dynamic asset class on the market.
Interview: How does the ERSTE STOCK WORLD fund invest?
How does the ERSTE STOCK WORLD equity fund invest? Fund manager Andreas Böger explains the fund’s strategy, quality-focused approach, and current positioning—and why he believes the fund is well-positioned for volatile market conditions.
Weekly Winzer: Cash is king
The events in the Middle East continue to have the markets in their grip: both equities and bonds suffered further losses. The price of gold is also falling in anticipation of rising interest rates. The duration of the fighting and the impact on the energy infrastructure in the region remain crucial.
China’s roadmap for the future: A look at the new five-year plan
Although China’s economy is expected to grow less strongly in the coming years, Beijing is focusing on quality and therefore growth in promising sectors. Read today’s blog post to find out why innovation, technology and key strategic industries are the focus of the new five-year plan and what opportunities this presents for investors.
Private markets in a multi-asset portfolio – understanding the opportunities, recognizing the risks
In market phases characterised by heightened volatility, a weakening economy and structural changes in the global economy, private market investments are becoming increasingly important – for both institutional and private investors.
Investment Update 2026: Assessing Current Geopolitical Risks
Recent geopolitical developments in the Middle East have increased uncertainty across global financial markets. Rising energy prices, higher volatility and a fragile risk sentiment raise key questions for investors: are markets facing short‑term disruptions, or a more lasting shift in the economic outlook?
Weekly Winzer: The energy price shock in the Middle East
The sharp rise in energy prices remains the number one topic on the markets. While the medium and long-term consequences of the Iran war still depend on many unknowns, the upcoming interest rate decisions this week are also in focus.
Investing in private markets
What role do private markets play? How does active value creation work? These and other questions are answered in this blog post.
Weekly Winzer: Escalation in Middle East
After the weekend, energy prices continued to rise significantly amid the Iran war. How risky is the conflict for the global economy and how do we act in portfolio positioning? Chief economist Gerhard Winzer assesses the market situation at the start of the week.
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.
Escalation in the Middle East: How we protect your portfolio – and what you should do now
The conflict between the USA and Iran escalated over the weekend. A large-scale series of attacks were launched against military targets in Iran, including the killing of the country’s spiritual leader, Ayatollah Ali Khamenei. What do the attacks mean for the markets and how do we position ourselves in response?
London Calling – New momentum for the UK stock market?
The UK is starting 2026 with optimism: falling inflation, improved sentiment indicators, and hopes of imminent interest rate cuts are driving momentum in the economy – and on the stock market. In today’s blog post, we take a look at the UK economy and stock market.
Trump’s tariff hammer
The US Supreme Court has put a stop to the majority of tariffs. The Trump government’s response: new tariffs – even if they already have an expiration date. Is uncertainty now increasing again?
Weekly Winzer: Is the situation between the USA and Iran escalating?
Tensions between the US and Iran have intensified again in the past week. Is there a threat of escalation and what impact will the conflict have on the financial markets?
Liquidity management instruments: what they are and how they can help
Due to new regulatory requirements, investment companies must introduce liquidity management tools (LMTs). But what exactly are these LMTs and what are their benefits? We explain this in this article.
After a strong IPO year, there could be even more this year
Following a comeback last year, the IPO market is experiencing a further upswing. According to experts, several factors point to a large number of IPOs this year. In today’s blog post, we take a look at which sectors and companies could take the plunge onto the trading floor in 2026.
Weekly Winzer: Sector rotation
The stock markets are rising, which is not surprising given the fundamentally positive environment. However, the sector rotation away from growth stocks and toward value stocks is becoming increasingly noticeable. Chief Economist Gerhard Winzer explains the reasons for this in his weekly market commentary.
Market update: “Business as usual”
The new year has so far continued in the same vein: there has been a flood of news on the markets, while the stock markets remain robust, undeterred by the perceived high level of uncertainty. In recent weeks, events have been dominated by the appointment of the future US Federal Reserve chairman and price turbulence in gold and silver.
Sustainable investing 2026: From orange back to green?
Despite political headwinds, the outlook for sustainable investing is positive. Renewable energies are continuing to gain ground, but this trend is not yet fully reflected on the capital market. Read more in the blog post by Walter Hatak, Head of Responsible Investments.
Economy, geopolitics and AI – that was the World Economic Forum in Davos
From geopolitics to AI, the range of topics at this year’s World Economic Forum in Davos was diverse. The conflict over the USA’s Greenland claims was the main focus of the summit. In today’s blog post, we look at what else was on the agenda at the meeting of leading politicians and economic experts.
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.
Gold and silver prices continue record rally
While all eyes were on the conflict surrounding US President Donald Trump’s Greenland plans this week, the prices of gold and silver continued their record run unabated. The reasons for the rally are manifold and are unlikely to disappear any time soon. It doesn’t always have to be physical gold to participate in this trend. More on this in today’s blog post.
USA demands control over Greenland: What are the possible consequences?
After US President Donald Trump continued to demand that the US gain control over Greenland, he has now announced further tariffs against certain EU countries. How might the Greenland issue develop, and what are the possible consequences?
A new “D” in the D world
With the “Donroe Doctrine”, a new term is shaping the first few weeks of the year. Despite the geopolitical events, the markets are proving robust, which is probably also due to positive economic data. Read more about this in the latest commentary by Chief Economist Gerhard Winzer.
Stock markets end turbulent year close to record highs
Trade conflicts, interest rate decisions, geopolitical tensions and the ongoing AI boom – 2025 had a lot in store for investors. Despite a turbulent year on the stock markets, the most important share indices close close to all-time highs. In today’s blog post, you can find out which sectors particularly shone in 2025 and which topics shaped the year as it drew to a close.
Reality check for the market outlook
Just before Christmas, the markets were once again on fire: numerous interest rate meetings and fresh economic data caused a stir. While expectations for the coming year seem largely set, the new signals from the central banks provide material for a reality check – especially with a view to 2026. Which scenario will win the race and where are the risks lurking?
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?
Market update: “Boom or Bust?“
The hype surrounding artificial intelligence continues to shape the markets and ensure sustained momentum. Nvidia in particular is impressing with strong results. At the same time, there are positive signals from the political arena. You can read more about the current market situation in the latest update from Gerald Stadlbauer, Head of Asset Management.
Netflix vs. Paramount: Who will win the bidding?
The takeover battle for Warner Bros. Discovery is making headlines: Following Netflix’s planned acquisition of the media group, Paramount has responded with a surprise counteroffer. Who will prevail in the battle between the streaming and film companies, and what does the bidding war mean for investors? Find out more in today’s blog post.
The Tulip Mania
History often serves as a cautionary tale for investors, reminding us that speculative bubbles are usually recognised only after they burst. Just as the Tulip Mania of the 17th century.
COP30: What remains of the World Climate Conference?
The COP30 climate conference in Brazil did produce a new package of measures—but there was no major breakthrough. Read today’s blog post to find out why the phase-out of fossil fuels is still a long way off, what new initiatives have been launched, and how the results are being assessed.
The United States – a country in transition?
About a year after Donald Trump was elected US president, it is clear that his second term in office will bring many changes to the US – from numerous regulations to an aggressive tariff policy. The effects of these measures are being felt in many areas. Where are the United States heading?
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.