Multi Asset Boutique

Con la prima metà dell’anno alle battute finali, uno degli interrogativi principali riguarda l’impatto che la guerra in Medio Oriente avrà quest’anno sull’economia. La Boutique Multi Asset condivide le sue opinioni nell’ultimo Investors’ Outlook.

La propensione al rischio ha resistito all’alternanza delle notizie geopolitiche. Nell’ultimo Investors’ Outlook proviamo a capire perché, e a delineare le prospettive future per il resto del secondo trimestre.

Un riepilogo del primo anno di European Equity Income Plus: performance, generazione di reddito e resilienza in mercati turbolenti. Esaminiamo come i tre pilastri della strategia hanno reagito a forti ribassi, a una ripresa a V e a shock geopolitici, mentre il fondo entra nel suo secondo anno.

The dispersion across commodity sectors persists into Q1 2026, with petroleum now the dominant driver of BCOM performance. In our latest quarterly outlook, we examine the supply dynamics behind elevated oil prices, the sharp precious metals selloff, and our views across energy, metals, and agriculture amid acute geopolitical uncertainty.

Gli investitori sono in fase di attesa, date le dinamiche in continua evoluzione della guerra in Medio Oriente. La Boutique Multi Asset condivide le sue opinioni nell’ultimo Investors’ Outlook.

Railroads play a critical role in facilitating the efficient movement of goods and essential commodities in North America. Over the last thirty years, railroads have evolved from heavily regulated businesses with returns at or below their cost of capital into lightly regulated and capital-efficient networks distinguished by infrastructure that is difficult to replicate. This article discusses the investment merits of listed railroads and examines how the recent industry dynamics will impact future growth.

Da inizio anno non è mancata la volatilità, tra tensioni geopolitiche in escalation e timori crescenti legati alla disruption dell’IA, ma una leggera potatura dei mercati può essere salutare. L’ultimo Investors’ Outlook analizza gli sviluppi recenti, mettendoli in prospettiva.

The geopolitical risk premium has transitioned from being a mere possibility to a present reality. Here is our perspective on the evolving situation in the Middle East.

L’anno si è aperto a tutto volume. Le notizie geopolitiche hanno dominato i titoli, contribuendo a und indebolimento del dollaro e a un balzo dell’oro. Ma cos’altro potrebbe accadere nel corso dell’anno? Scopriamolo nel primo Investors’ Outlook del 2026.

Two mantras exist among investors when it comes to equity factors. First, you hear that “factors tend to outperform the broader market in the long run”. True. Second, you hear that “timing factors is almost impossible, and that you would be better off with a static allocation”. False. In fact, dynamic timing approaches to factor premia management adds significant benefits over static allocation approaches and in this piece, we show you why

Commodities delivered strong returns in 2025 with the significant dispersion across commodities. In our quarterly commodity outlook, we discuss our view of oil markets, metals, grains and of course the all shining precious metal rally. Find out where we see value in an environment of macroeconomic tailwind and geopolitical uncertainty.

The 2026 Large Language Models Outlook examines the current state of artificial intelligence as it relates to LLMs, highlighting diversity, specialization, and global competition. Learn how open- and closed-weight models, regulatory approaches, and strategic deployment are shaping industries today, from finance to mathematics, and explore the trends likely to define AI’s trajectory in the year ahead.