Innovative clusters – northern lights, transforming Europe

Largely unnoticed by many investors, innovative clusters are emerging, beyond Europe’s old industrial belts

Inflation: here to stay?

By: Björn Jesch, Martin Moryson

The Long-Term Inflation Prospects

India: Delivering on many promises

India’s structural strengths – demography and democracy – are well known. Business-friendly politics, a thriving service sector and geopolitics add to the positive picture.

India will grow but needs to change the mix

Though the medium-term growth outlook looks resilient, a stronger manufacturing sector is needed to create jobs.

How recessions affect earnings per share

In addition to the severity of the recession, inflation will be an important factor during this phase.

High hopes – Germany’s 2025 federal elections

Germany struggles on many fronts. This uncertainty could be exacerbated if we see protracted coalition negotiations following an inconclusive election result.

Goodbye inflation, hello unemployment

With its decision to cut rates by 50 basis points, the Fed gives the labor market priority over inflation

Global real estate – how to find value

As prices adjust, many areas of the global real estate market are looking increasingly attractive

Global infrastructure assets – a more nuanced outlook

In a challenging operating environment, selection and thorough bottom-up research remain crucial

Germany’s emissions fall but more is needed

Continued reductions in greenhouse gas emissions make Germany’s 2030 targets look achievable given continuing efforts – amid a still concerning global picture.

Germany’s election: what should we expect?

By: Vincenzo Vedda

Germany’s government fell in November. What new government will emerge now? Will it be able to tackle the country’s big structural economic problems? And what will it mean for German financial assets?

Germany – benefiting from low expectations

By: Björn Jesch

The economy of Europe's recent worst performer could catch up with the rest this year and support equities along the way.

German election 2025: Not quite a sweeping mandate

Germany has voted. Tackling the country’s big structural economic problems still looks like a daunting task.

German Bunds with renewed appeal

They have a balanced risk/return profile and look attractive compared to U.S. Treasuries

Generative AI – a new iPhone moment in tech?

After a short break, the IT sector is on the rise again in 2023, not least thanks to Generative AI