Erste Asset Management

34 results for keyword "COVID-19"

Article on tag "COVID-19"

Losses at beginning of week – Update from the Investment Division
Losses at beginning of week – Update from the Investment Division
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Losses at beginning of week – Update from the Investment Division

What has occurred since the long weekend? Last week began on a positive note in the markets for risk assets. The US leading index, S&P500, gained 3.6% from Monday to Wednesday. This was triggered by the following positive news: In a study, the drug Remdesivir showed success in treating COVID-19 patients. The US Federal Reserve’s […]

Biotechnology sector searching for COVID remedy
Biotechnology sector searching for COVID remedy
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Biotechnology sector searching for COVID remedy

The corona virus has a lock on the economy and the stock exchanges. Tests by the US pharmaceutical group Gilead in its search for a suitable remedy to fight the pandemic may be cause for hope. Harald Kober, senior fund manager of the equity fund ERSTE STOCK BIOTEC, keeps this company in the portfolio and has noticed a global increase in healthcare investments.