Edmond de Rothschild Asset Management

#EdRMarketFlash: The US and Europe continue to diverge. ­­­­­• The latest developments in Europe have failed to improve political visibility. • In the US, the economy is still proving resilient. • We are sticking with our tactically positive stance on equities with the accent on the US and China. Our strategic view on investment grade credit is unchanged. To find out more, read our weekly Market Flash: https://lnkd.in/ei2-aGKf Version française : https://lnkd.in/e8Ab_arQ #AssetAllocation #USEquities #EuropeanEquities #CorporateDebt

[𝐎𝐮𝐭𝐥𝐨𝐨𝐤 & 𝐂𝐨𝐧𝐯𝐢𝐜𝐭𝐢𝐨𝐧𝐬 𝐇𝟏 𝟐𝟎𝟐𝟓] - 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐞𝐪𝐮𝐢𝐭𝐢𝐞𝐬: 𝐭𝐡𝐞 𝐝𝐚𝐰𝐧 𝐨𝐟 𝐚 𝐧𝐞𝐰 𝐞𝐫𝐚 Europe is in the throes of a deep identity crisis blending economic stagnation, structural challenges and political instability. Investor sentiment is now so low that investors can find very good reasons to avoid European equities. Donald Trump’s election has accentuated investor scepticism, to the extent that the peak in negativity has either been, or is about to be, reached. And yet shouldn’t investors “buy on the sound of cannons” according to the conventional stock adage? Far from being doomed, Europe could surprise to the upside in 2025. The backdrop is less adverse that it seems at first sight, as support factors begin to fall into place. Furthermore, many of the options that could brighten up the outlook are now actually feasible. Admittedly - and this is rarely the case - all these options are political in nature, meaning it is difficult to factor them into a scenario. However, investors who fail to consider these factors run the risk of missing out on a market turnaround in 2025. To find out more, read the full article of Caroline Gauthier, our Co-Head of Equities. Version française : https://lnkd.in/eB9z7a55 #EdREquity #EuropeanEquities #Europe

[𝗢𝘂𝘁𝗹𝗼𝗼𝗸 & 𝗖𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻𝘀 𝗛𝟭 𝟮𝟬𝟮𝟱] - 𝐂𝐫𝐞𝐝𝐢𝐭 𝐦𝐚𝐫𝐤𝐞𝐭𝐬: 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬! As long-term yields begin to stabilise and central banks adopt a more flexible approach aligned with economic indicators (inflation, growth, unemployment...), despite a complex geopolitical context, Credit markets offer attractive opportunities notably within European High-Yield, financial subordinated debt, and corporate hybrids. It would be simple to say that thanks to carry yield, credit will deliver positive returns in 2025. However, pointing out opportunities this year will require digging a little deeper. These opportunities will undoubtedly play out over the short and mid-term. To find out more, read the full article of Alain Krief, our Head of Fixed Income Version française : https://lnkd.in/eB9z7a55 #EdRFixedIncome #HighYield #SubordinatedDebt #CorporateHybrids

By “rebuilding the city on the city”, Ginkgo contributes to limiting urban sprawl while delivering the quantity and quality of homes, offices and commercial premises needed in dynamic European urban centres. Partners like Ginkgo Advisor are essential to the Edmond de Rothschild Private Equity platform, enabling us to offer our customers innovative, visionary investment strategies that address the key issues of our time.

[𝗢𝘂𝘁𝗹𝗼𝗼𝗸 & 𝗖𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻𝘀 𝗛𝟭 𝟮𝟬𝟮𝟱] - 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗮 𝗳𝗿𝗮𝗴𝗺𝗲𝗻𝘁𝗲𝗱 𝘄𝗼𝗿𝗹𝗱 Discover our investment convictions for the first half of the year. Key takeaways: • Overweighting US equities has become a consensual choice that nobody can deny today. This position is however likely to change during the year. • The theme of resilience, i.e investing in companies able to withstand further disruptions to the global production chain and a firmer pursuit of sovereignty and security, now occupies a central place. • In the Fixed Income markets, we are unwinding our overweight on emerging bonds pending the arrival of the Trump administration, and increasing our exposure to subordinated financial bonds and corporate hybrids. To find out more, read the full article of Benjamin Melman, our Global Chief Investment Officer. Version française : https://lnkd.in/eB9z7a55 #EdRConvictions #AssetAllocation #InvestmentStrategy

We were thrilled to take part in the 5th Edition of Building Bridges held in #Geneva last week, in partnership with the UN Environment Programme.   Jean-Francis Dusch (#BRIDGE) highlighted how infrastructure debt supports the acceleration of major decarbonization and global warming reduction plans, like 'EU Fit for 55' in Europe and the development of sustainable infrastructure in Africa and Southeast Asia. Jean-Philippe Desmartin discussed the need for “Intergenerational Collaboration in Impact Investing.” Bruno Farber (Ginkgo Advisor) shared insights on Sustainable Urban Regeneration, emphasizing that Europe's built environment could generate EUR 1.1 trillion in economic and social benefits by 2035. Our panel on "Financing the Energy Transition in Emerging Markets" was introduced by Margarita Pirovska (Principles for Responsible Investment), who shared the latest trends in sustainable finance policies. She noted that since 2000, the G20 has introduced 20 distinct types of policies, with over 20 jurisdictions adopting ISSB standards. Policies supporting the transition to net zero have also tripled since 2020. Kay Hope, Daniela Savoia and Nathalie Wallace highlighted the advancements in emerging markets, particularly the rise of Green Bonds and innovative financing tools, while Maria Eugenia Sosa Taborda (United Nations Environment Programme Finance Initiative (UNEP FI)) emphasized the essential role of public-private partnerships in facilitating climate and social transitions.   A big thank you to the speakers and participants for their insightful contributions.   #BuildingBridges2024 #SustainableFinance #ImpactInvesting #EnergyTransition

#EdRMarketFlash: The year end brings some bad surprises • As expected, the #ECB cut its deposit rate by 25 basis points. • In China, the lack of concrete details from Beijing regarding economic support measures disappointed investors, which weighed on the stock markets. • In the United States, the release of inflation statistics held no surprises, with the CPI index aligning with expectations. To find out more, read our weekly Market Flash. #AssetAllocation #USEquities #EuropeanEquities #CorporateDebt

Christophe Caspar, CEO Asset Management, was recently in Frankfurt and gave an insightful interview to Börsen-Zeitung. "The world of asset management is facing a paradigm shift. On the one hand, there are the large providers, for whom scaling is crucial in order to increase efficiency and reduce costs. On the other side are players like us, who succeed through active management, differentiated strategies and compelling performance. We don't do everything, but what we do, we do at the highest level." explained Christophe to Wolf Brandes. Rather than focusing on size, Edmond de Rothschild AM prioritize quality through innovation in agile active strategies in public and private markets, with a strong ESG and impact investing focus. As we continue to adapt in a complex market environment, we remain committed to deliver added value to our clients through performance and service, guided by the principles of independence and trust of our 250 years family owned investment house.   #EdRConvictions #AssetManagement #Performance #Innovation #ESG

Promoting green mobility and accelerating regional decarbonization is the aim of the latest operation co-financed by our partner TIIC. Throughout France, DREAM ENERGY Mobility will develop a network of 140 supercharging stations along major roads and on hotel and commercial parking lots, all powered 100% by sustainable energy.   At Edmond de Rothschild, we are constantly seeking to develop and offer our clients innovative and visionary investment strategies that address the key issues of our time. We are proud to count players like TIIC as partners in our Private Equity ecosystem. #EdRPrivateEquity #SustainableFinance #ImpactInvesting

This is what we mean at Edmond de Rothschild Asset Management by putting finance at the heart of industry and society. Through our purpose-oriented investments across traditional asset classes as well as Private Equity, Real Estate and Infrastructure, we seek to perpetuate every day the founding values of the Edmond de Rothschild family.