Perspectives Pictet

In Asia, we are seeing a generational shift as the region’s wealth creators hand over stewardship of family wealth to their sons and daughters. As this second generation’s influence grows, the management of family assets and investments is becoming increasingly sophisticated. Over the years, Pictet has been a successful partner in helping both families and their Family Offices to complete this process, and it was among the topics addressed during two days of discussion and debate...

In Asia, we are seeing a generational shift as the region’s wealth creators hand over stewardship of family wealth to their sons and daughters. As this second generation’s influence grows, the management of family assets and investments is becoming increasingly sophisticated. Over the years, Pictet has been a successful partner in helping both families and their Family Offices to complete this process, and it was among the topics addressed during two days of discussion and debate...

In Asia, we are seeing a generational shift as the region’s wealth creators hand over stewardship of family wealth to their sons and daughters. As this second generation’s influence grows, the management of family assets and investments is becoming increasingly sophisticated. Over the years, Pictet has been a successful partner in helping both families and their Family Offices to complete this process, and it was among the topics addressed during two days of discussion and debate at Pictet’s...

In Asia, we are seeing a generational shift as the region’s wealth creators hand over stewardship of family wealth to their sons and daughters. As this second generation’s influence grows, the management of family assets and investments is becoming increasingly sophisticated. Over the years, Pictet has been a successful partner in helping both families and their Family Offices to complete this process, and it was among the topics addressed during two days of discussion and debate at Pictet’s...

[embedded content] In Asia, we are seeing a generational shift as the region’s wealth creators hand over stewardship of family wealth to their sons and daughters. As this second generation’s influence grows, the management of family assets and investments is becoming increasingly sophisticated. Over the years, Pictet has been a successful partner in helping both families and their Family Offices to complete this process, and it was among the topics addressed during two days of discussion and...

Fed shows shows signs of adopting a more flexible approach to future rate hikes.The Federal Reserve (Fed) is widely expected to increase the Fed funds target range (FFTR) by another 25 basis points (bps) on 19 December, marking the fourth rate increase of 2018. This increase would push up the new FFTR range to 2.25%-2.50%.The focus will be on the rate guidance for 2019, including the one given by the ‘dot plot’ (summary of Fed policymakers’ interest rate forecasts). We think the 2019 median...

The CIO office’s view of the week ahead.In an attempt to quell the widespread unrest and disruption caused by the “gilets jaunes” protesting against fuel tax rises, French president Emmanuel Macron announced a fiscal plan to the tune of EUR10bn. Without countermeasures, this spending increase will push France into a deficit of above 3% in 2019, to as high as 3.4%. As an indirect consequence, Italian sovereign spreads tightened on market hopes that the EU would show lenience in its 2019...

微信：fulong8k 火币网注册链接：https://www.huobi.mn/zh-cn/register/?invite_code=2w543 币安网注册链接：https://accounts.binancezh.com/cn/register?ref=10153663 虚拟币BTC如何注册火币、买币、变现、交易、转币实际操作教程 https://youtu.be/nrmuNn0HOUQ 虚拟币搬砖基础教程（详细讲解虚拟币如何搬砖赚钱） https://youtu.be/JgcNw-f7LEc

It's always darkest before dawn, and dawn is not yet in sight.It was another eventful week in British politics, although there was still no meaningful progress on clearing the way for a smooth Brexit before the crucial deadline of March 2019. While a smooth exit remains our base-case scenario, uncertainty remains sizeable.PM Theresa May postponed the British Parliament vote on her Brexit divorce deal, and vowed to re-open discussions with European Union (EU) partners. However, things are not...

First rate hike still expected in September 2019, although downside risks are growing.The ECB kept its key rates unchanged (i.e. the main refinancing at 0.00%; the marginal lending facility rate at 0.25% and the deposit rate at -0.4%), in line with consensus. The ECB’s forward guidance on interest rates was kept unchanged. The ECB expects its policy rates to “remain at their present levels at least through the summer of 2019”.Given the tone of today’s meeting, we see no reason to contradict...