One of the spiritual fathers of behavioral finance passed away in March this year. Below, we pay tribute to Daniel Kahneman by highlighting 10 of his main empirical studies in the field.

“ Creativity is just connecting things.” Steve Jobs

New technologies linked to blockchain are likely to play an important role in the luxury goods industry in the coming years. Overview below with a few case studies.

Brace for elections in Europe and keep a close eye on inflation.

H2 2024

As demonstrated in the recent European elections, populism is in vogue in many developed countries. This is a long-term trend with major macroeconomic consequences.

1. The long view by Adrien Pichoud,Chief Economist 2. European equities: reasons to be fearful, reasons to be cheerful by Gaël Combes,Head of Equities 3. Fixed income: OAT spreads on the rise while credit spreads remain well behaved by Gaël Fichan, Senior Portfolio Manager – Head of Fixed Income 4. Forex: Euro is (again) under pressure by Adrien Pichoud

According to Statista, the 10 largest asset management companies manage approximately 30% of the world’s assets under management as of June 2024. And it’s unlikely that this concentration of assets has fallen over the past two years. How can we explain such a craze for management behemoths?

The recent presidential elections in Mexico, held on June 2, 2024, have created both uncertainty and opportunity in the bond market. Despite short-term volatility, there is a strong case for increasing exposure to Mexican sovereign bonds in local currency. Mexico benefits from a strong relationship with the United States and structural shifts like nearshoring, making it a promising landscape for fixed income investments.

Jim Simons, nicknamed the “Warren Buffet of algorithms”, passed away last month at the age of 86. Below, we attempt to shed some light on the investment strategy of his Medallion fund, one of the most successful Hegde funds in history.