The investment year is gradually approaching the home straight. And 2025 will be remembered in many ways: From the upheavals surrounding Liberation Day to the ongoing AI rally and the sharp rise in the price of gold. Gerald Stadlbauer, Head of Discretionary Portfolio Management, analyzes what the final quarter of 2025 could bring.
Erste Asset Management Investment Blog
Money, Funds, Stocks & more – The Investment Blog of Erste Asset Management
Weekly Winzer: Autumn fog
The ongoing government shutdown in the US is also preventing the publication of important economic data. This makes it more difficult to assess the economic environment in the US. Chief Economist Gerhard Winzer explains possible scenarios in his weekly market commentary.
Cybersecurity: A protective shield in the digital age
Phishing, deepfakes, and targeted attacks on the internet are on the rise—and with them, the cybersecurity industry is growing rapidly. How well equipped are companies to deal with these increasing threats, and where do the opportunities and risks lie for investors? Find out in today’s blog post.
Chinese stocks: The sleeping giant awakens
China’s stock markets are making a strong comeback after years of weakness – driven by growing confidence among domestic investors and targeted measures by the government in Beijing. Will the rally continue?

Biotechnology remains an exciting stock market topic
Innovative medicines and geopolitical risks – the biotech sector remains in flux. Topics such as rare diseases, cancer and eye diseases are particularly in focus. In this interview, fund manager Harald Kober provides insights into current trends and challenges.
Latest Posts
Precious metal prices soaring: Silver at all-time high
Not only has the price of gold risen sharply so far this year, but other precious metals and commodities are also continuing to increase in price. One reason for this is high demand from industry, especially for the production of electronic components.

Weekly Winzer: Interest rate cuts, government shutdown, and the gold rally
While the price of gold exceeded the $4,000 mark for the first time, the government shutdown in the US also dominated the headlines recently. In today’s interview, Gerhard Winzer answers questions about the impact this is having on the stock markets and what else is happening on the markets.
Automotive market: Europe’s industry giants are feeling more optimistic again
Chinese car manufacturers are pushing into Europe – and putting pressure on the domestic industry. Nevertheless, the latter was once again optimistic about the future at this year’s IAA Mobility motor show in Munich. Read more about this in today’s blog post.
Markets and opinions
Between the gold rush and AI hype: what can we expect on the home stretch of 2025?
The investment year is gradually approaching the home straight. And 2025 will be remembered in many ways: From the upheavals surrounding Liberation Day to the ongoing AI rally and the sharp rise in the price of gold. Gerald Stadlbauer, Head of Discretionary Portfolio Management, analyzes what the final quarter of 2025 could bring.
Chinese stocks: The sleeping giant awakens
China’s stock markets are making a strong comeback after years of weakness – driven by growing confidence among domestic investors and targeted measures by the government in Beijing. Will the rally continue?
ATX surprises in 2025: why Austria’s equity market is ahead of the rest this year
While economic growth in Austria remains weak, the domestic stock market index ATX has recently climbed significantly. What is behind this strong performance?
US tariffs cause turbulence
You can find the latest information and insights on US tariffs and reactions on the stock market here 👉
Financial Know How
Back to the Basics: Understanding High Yield Bonds
What distinguishes high-yield bonds and how do they differ from other bonds? We explain this in today’s blog post. You will also learn which funds investors can use to invest specifically in companies in the high-yield segment.
What happens to equities when interest rates rise?
So far, the year 2022 has brought significant price losses on the stock markets. Inflation and rising interest rates are often cited as the reason. But why is that the case?
5 tips for building capital with investment funds
For many investors, a fund savings plan is a useful way to build up capital over the long term. To make sure this works, our expert Johann Griener has 5 useful tips for getting over difficult market times.
Keeping up with the market trends
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Sustainability
US climate policy: clear conditions for renewable energies
After a long period of uncertainty, there is now clarity for the renewable energy sector in the USA. The legal framework for the coming years is far better than expected. This brings new opportunities for environmental stocks, as the initial market reactions have shown.
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.
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.


















