Equities flows YTD remain negative
Underweight GBP and EUR
IM AUM falls 14% to CHF48bn
It has been hard to comprehend negative yields in Germany, let alone Greece.
An adage of equity investing during a US presidential election cycle is 'avoid healthcare'.
Range will be rolled out over next six months
'Significant eurozone reform' on the cards
Beginning of trade wars could trigger a strong headwind
Joined the business in 2015
Nicolas Pictet to step down in September
Meeting in Zurich
Fearful of rival to Geneva
Eurozone inflation eased back to a rate of just 1.1% in February. As in the US, there is some indication of a modest pick-up in wage growth, and this has in the past been closely associated with the rate of inflation in the service sector.
Financial performance in focus
UK should develop its own authorised retail investment scheme
Campaign to break up company
Received approval from regulator
Also best performing region YTD
Follows departure of Bryon Lake
Profits nearly halve in H1 2016
Launched 20 funds for UK investors