Credit Suisse Real Estate Investment Management hat als erstes Objekt für den neu aufgelegten Nachhaltigkeitsfonds Credit Suisse (Lux) European Climate Value Property Fund ein hochwertiges Bürohaus in Amsterdam gekauft. Das 2012 errichtete Ydek Building mit einer vermietbaren Fläche von fast 5'500 Quadratmetern sowie 47 Parkplätzen wechselte für einen Kaufpreis von rund 17 Mio. EUR...
Read More »Kriselnde Bankaktien: Fondstrends-Leser zuversichtlich
Bild: Karin Jung (pixelio) Die Aktien diverser Grossbanken haben ein schwieriges Jahr hinter sich. Wie eine Umfrage von Fondstrends aber zeigt, glaubt die Mehrheit der Befragten, dass wieder bessere Zeiten kommen werden. Der Aktienkurs der Credit Suisse hat sich innerhalb eines Jahres halbiert. Die Aktie der UBS handelt 30% tiefer als Ende August 2015. Die beiden Schweizer...
Read More »A Rig-Driven Rally for Oilfield Services
Does the recent stabilization in oil prices portend better times ahead for energy companies? Investors in oilfield services companies (OFS), which provide equipment and support to exploration and production companies, certainly think so, as evidenced by the fact that the stocks of several such companies up by double-digit percentages this year. Can the rally continue? Equity strategists from Credit Suisse’s Global Markets team think so. Why? The answer lies in a single number:...
Read More »Optimism for Equities
Global equities have had quite the comeback since the Brexit referendum. After plummeting more than 5 percent in the two trading days following the surprise “Leave” result of the June 23 referendum, the S&P 500 took just ten days to reach a new all-time high. The Euro Stoxx 50 and MSCI All-Country World Index have likewise climbed, with both up more than 10 percent from their post-Brexit troughs. Can the rally continue? Equity strategists on Credit Suisse’s Global Markets team...
Read More »Zwei CS-Kaderleute gründen eigenen Makro Hedge Fonds
Die beiden in Asien tätigen Banker sollen die Schweizer Grossbank bereits Ende Monat für ihr neues Projekt verlassen. Gemäss "bloomberg.com" planen zwei in Hong Kong ansässige Geschäftsführer der Credit Suisse die Bank Ende Monat zu verlassen, um einen Makro-Hedge-Fonds zu starten. Dabei handelt es sich um Lucas Kiely, den Leiter des Cross-Markthandel und Charles Firth, der...
Read More »Why Switzerland’s franc is still strong in four charts
A very insightful post from Bloomberg. We added some more explanations. We explained that the dollar is currently more overvalued than the Swiss Franc. Swiss National Bank President Thomas Jordan keeps saying the franc is “significantly overvalued.” And that’s despite the central bank’s record-low deposit rate and occasional currency market interventions. While the franc is typically a top choice for foreign...
Read More »Swiss Prime Anlagestiftung vor Kapitalerhöhung
Credit Suisse verkauft den Leuenhof an der Zürcher Bahnhofstrasse an die Swiss Prime Anlagestiftung Die Swiss Prime Anlagestiftung wird das Kapital erhöhen, um den Leuenhof von der Credit Suisse zu erwerben. Das Vermögen der Stiftung wird damit auf über 1 Mrd. CHF steigen. Die Anlagegruppe «SPA Immobilien Schweiz» erweitert ihr Portfolio mit dem Erwerb des "Leuenhofs" an der...
Read More »Negative Consumer Financing Rates in Germany, Soon More Negative in Switzerland?
Negative Consumer Financing Rates in Germany Things are increasingly upside down in the brave new centrally planned world: thanks to negative deposit rates central banks have put an explicit cost on saving, while in various instances, such as taking out a mortgage in Denmark and the Netherlands, the bank actually pays the borrower, thus rewarding living beyond one’s means. Curiously, it was just a month ago when an...
Read More »Credit Suisse dropped from index as european markets feel pressure after bank stress tests
Investec Switzerland. SMI The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis. Click to enlarge. Pessimism hit European shares at the beginning of the week as sliding oil prices and bank stress test results helped revive concerns over the strength of the recovery and stability of the financial...
Read More »Blades Whirring Over Japan?
Japanese central bankers are not in an enviable position. The year-over-year growth rate of the country’s core consumer price index was -0.4 percent in May, marking the third consecutive monthly decline—and this after three years of Abenomics. Brexit certainly hasn’t helped. The yen has strengthened from ¥121 to the dollar in February 2016 to ¥105 in late July. That’s had the effect of reducing import prices, but it has also put downward pressure on inflation. Japan economists on...
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