[embedded content] Latin America is at a crossroads in 2018 with several regional powerhouses heading to the polls. And while plenty is yet to be defined – both economically and politically – there are also causes for optimism as populism arguably shifts out of the region and into North America. Alfonso Prat-Gay, Argentina’s former finance minister and ex-president of the nation’s central bank, spoke inside the tented event space at the Latam Family Office Master Class in the Bahamas. And...
Read More »Multi-Generational Wealth, Nassau
[embedded content] The fifth edition of the Latam Family Office Master Class took place in Nassau in April 2018, with more than 60 guests attending. This year the focus was around geopolitics, digital revolution, alternative investments and family governance. Among the speakers, we had the pleasure of welcoming Alec Ross, Former Senior Advisor for Innovation to Secretary Hillary Clinton; Argentina’s one-time Minister of Economy, Alfonso Prat-Gay; Ernesto Zedillo, Former President of Mexico,...
Read More »The Entrepreneurs – Mountain retreat
[embedded content] The 4th edition of the Pictet Mountain Retreat was held in St Moritz in March 2018 at the heart of the Swiss Alps. It brought together an exclusive group of 50 entrepreneurs and investors in an intimate setting to network, unwind and have fun.This event combines sport, competition, Pictet expertise as well as relaxed moments spent in a cosy and exclusive environment.
Read More »What happens when rates rise?
[embedded content] Since the financial crisis, investors have benefitted from rising bond price, while companies have seen their funding costs decline to the lowest point in decades. But with central banks scaling back their support in response to good economic growth, the years ahead will be very different. Investors need to prepare for a rise in the cost of debt, says Global Strategist Alexandre Tavazzi.
Read More »Volatility presents opportunities
[embedded content] A pick-up in inflation fears contributed to the recent spike in bond yields that spilled over into equities. But while inflation remains a risk, Cesar Perez Ruiz, CIO at Pictet Wealth Management, remains sanguine about the global economy and risk assets and sees volatility as an opportunity for tactical positioning.
Read More »Europe’s renaissance
[embedded content] The euro area is benefitting from a very strong momentum at the start of the year, supporting our view that economic growth will remain broadly stable in 2018 at around 2.3%. Risks to this rosy outlook include political events and a more hawkish ECB, although both look very manageable.
Read More »Multi-Generational Wealth, Singapore
[embedded content] The fourth edition of the Asian Family Office Master Class took place in Singapore in November 2017, with about 70 guests attending. The focus was around the three pillars of Pictet’s Family Office offer: family governance, investment governance and operational governance. Among the speakers, we had the pleasure of welcoming José Leyte, Chief Executive Officer of one of the biggest European Family Office in terms of asset under management; Kelly Poon, Partner at Atomico,...
Read More »Back to normal in markets in 2018
[embedded content] 2017 was a remarkable year, with positive returns for a wide array of risk assets. The environment will likely remain supportive as well, but Cesar Perez Ruiz, CIO at Pictet Wealth Management, says he expects more normal market conditions in 2018, with spikes in volatility that offer greater opportunities for active management.
Read More »The Call of Asia
[embedded content] Published: Thursday November 30 2017After a period of disappointment, Asian markets have outperformed for the past two years. And with paradigm shifts in businesses and economies, they still hold plenty of opportunities. So argues David Gaud, Chief Investment Officer for Asia at Pictet Wealth Management.
Read More »The Entrepreneurs
[embedded content] Published: Wednesday October 11 2017The 4th Pictet Entrepreneurs Summit held in Geneva in September 2017 brought together an exclusive group of 60 entrepreneurs and investors with a passion for innovation. On day one the focus was on the future of cities, food, agriculture, health and living in a secure world, while on day two the discussions centred on the topics of success, personal wealth and responsibility.
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