Perspectives Pictet

Macroview Market shakeups in recent weeks have tested investors’ resilience. So far, hedge funds appear to have withstood the crisis, and in certain cases even provided portfolios downside protection while traditional asset classes tumbled. August was a month that many would rather forget, with markets witnessing a painful correction as the Chinese slowdown exacerbated global deflation fears. Volatility spiked to four-year highs and market conditions became challenging – to say the least –...

Published: Monday August 31 2015 Innocent Drinks, launched by three friends in 1999, is a socially and environmentally responsible company that produces healthy fruit drinks and supports rural development in countries that supply its ingredients. Richard Reed and two friends from Cambridge University had always talked about setting up a business, but four years after graduation they decided it was time to do it. They wanted to produce something that helped people have better lives, while...

Today’s data on July’s consumer spending were less robust than expected. Nevertheless, we continue to expect consumption growth to reach some 3.0% overall in Q3. July data on household consumption and income were published today. Real consumption rose by 0.2% m-o-m in July, slightly below consensus estimates (+0.3%). Already published data on retail sales and car sales for July had been quite upbeat, suggesting a more solid reading. However, in line with the revised Q2 GDP data published...

China is going through a transition phase, and the Chinese authorities face a tricky challenge to avoid a crash, explains Christophe Donay, Chief Strategist at Pictet Wealth Management.

Emerging market equities will suffer from a strong dollar and lower commodities prices in comparison with developed market equities, explains Alexandre Tavazzi, Chief Equity Strategist at Pictet Wealth Management.

Too bad that I failed to make my point. When I pass him I wasn't paying much attention then he deliberately cut me off. And I didn't have clear idea what happened beforehand. That's why I got bluffed. 老實說 第一次從左後方超越計程車時我根本沒多留意 只是當作計程車要跟在公車後面接客 計程車跨越兩車道飄移也不是一兩天的事 有在市區騎車的應該都知道我在講什麼 所以我當時只是騎過去 沒有特別去注意發生什麼事 所以後來的計程車刻意逼車我覺得莫名其妙 想說我是哪裡惹到你 爭論過程中 我一邊回想一邊跟他爭 因此才有後來的道歉(當時自己不太記得過程又被他的謊言唬住) 一開始就是打算好好的理性處理 並不是要吵架或是打架 會怕嗎 還好 如果對方失去理智 必要的防身器材我也有準備 會上前理論 因為我要讓他清楚知道他這樣的行為和態度是錯的 後來證明我是失敗了 他依然覺得自己沒錯 我認為...

In this edition of The Entrepreneur Series, in partnership with Monocle, we meet with Munich based entrepreneurs to establish how old school tradition of craft and local heritage meet unparalleled industrial design and tech field innovation to create the basis for unique entrepreneurial successes.

As P/E ratios reach new highs, Christophe Donay, Chief Strategist at Pictet Wealth Management, explains why he believes central banks are sustaining the prices.

In this video, Christophe Donay, Head of Strategy for Pictet Wealth Management, explains why emerging debt could benefit from a temporary coincidental re-synchronisation of economic growth.