News
17.01.2023
Investment Outlook Q1/2023
Mixed Global Portfolios have produced the worst returns in over five decades. Diversification was of little or no use as returns of passive global portfolios show.
26.10.2022
Investment Outlook Q4/2022
For almost a decade, investors could count on central banks turning on their money taps in the event of an “whatever” crises or deflationary threats to stimulate the economy through more and more credit supply which ultimately led to higher asset prices.
28.03.2022
Investment Outlook Q2/2022
Tackling dual headwinds, global equites and bonds are facing testing times. Persistent high inflation has forced central bankers to back down on their “transitory” rhetoric and pivot to a surprisingly aggressive path of future rate hikes.
28.12.2021
Investment Outlook Q1/2022
A popular topic currently discussed is the stock market’s vulnerability to rising interest rates. This narrative revolves around the idea that with
higher discount rates, future earning streams are worth less and thus, present equity valuations should contract.
28.09.2021
Investment Outlook Q4/2021
The only “free lunch” in investing, as often argued, is diversification. The notion of significantly reducing risk without compromising returns has merit. Well-diversified portfolios
typically produce comparable returns to any one asset class at a fraction of the risk.
24.06.2021
Investment Outlook Q3/2021
As inflation is edging up, the lingering question is whether it will be transitory. The most probable answer is: who knows? Central bankers’ confidence in that price pressures are temporary is somewhat puzzling considering their track record of predicting spillover effects.
22.03.2021
Investment Outlook Q2/2021
In this edition we are revisiting a topic discussed in our september 2019 Investment Outlook on utilizing alternative investment strategies in the portfolio mix.
07.12.2020
Investment Outlook Q1/2021
In our last outlook edition, we discussed how the traditional portfolio mix of stocks and bonds no longer offers the favorable diversification properties that once made it effective.
21.09.2020
Investment Outlook Q4/2020
An important condition in well-diversified portfolios is that the correlation properties among portfolio assets are somewhat low. But what does this mean in concrete terms?
05.06.2020
Investment Outlook Q3/2020
“Beating the market” is supposedly the yardstick that determines the merit of a money manager. If you cannot beat the market, then you might as well pack up and succumb to the effortless style of “passive” investing.
20.03.2020
Investment Outlook Q2/2020
Global financial markets are witnessing a systemic event as the worldwide spread of the COVID-19 virus is translating into serious repercussions for the global economy.
17.12.2019
Investment Outlook Q1/2020
As we head in to the festive season, we can look back on a most joyous 2019. Calendar year performances for most asset classes look strong and positive.
26.09.2019
Investment Outlook Q4/2019
At Ameliora, we have always been, and still are, advocates of multi-asset class investing. The principle of asset diversification forms the basis for our investment approach.
25.06.2019
Investment Outlook Q3/2019
One of the longest global economic recovery in post-war history is in the making. The expansionary environment that has prevailed since the Great Financial Crisis is approaching 10 years and will soon eclipse all other global growth cycles.
28.05.2019
Clients are cutting back on US exposure
As the US and China continue to duke it out in the trade war, many Americans seem to be preparing for an economic downturn.
Ameliora Wealth Management CEO Rainer Nigg (pictured) told Citywire Switzerland that he has noted increased uncertainty among his US clients, particularly those in the ultra-high-net-worth range.
He said: ‘People are worried about what’s going on politically and economically. Ultra-highnet-worth clients want to diversify away from their US exposure. It’s about asset protection.’
In particular, he explained that they are concerned about the future of the dollar. ‘They are worried about the US dollar, so they are requesting portfolios without any US dollar risk. For them, international diversification is part of their wealth preservation strategy,’ he said.
However, Nigg himself remains fairly unconcerned with the state of the US economy, although believes that the trade war could be a drag. ‘Macro-economic indicators don’t point towards US growth slowing down. But trade war tariffs will lead to higher prices, and consumer spending is likely to level off.’
29.04.2019
Flucht nach vorn im US-Geschäft
Interessanter Beitrag der Ameliora Wealth Management zum Thema Vermögensverwaltung in den USA.
25.03.2019
Investment Outlook 02/2019
Predicting recessions is a notoriously difficult job. There were a few who rose to fame after the most recent economic crisis for having identified warning signals and subsequently proven correct.
25.03.2019
Investment Outlook Q1/2019
During the first quarter of this year, we discussed the appeal of venturing into USD corporate bonds as government yields and corporate spreads ticked higher.
26.09.2018
Investment Outlook Q4/2018
As the summer lull dissipates two central investment themes are re-surfacing throughout the global financial circuit.
27.06.2018
Investment Outlook Q3/2018
Six months ago we discussed why we thought the start of dollar weakness in late 2016 was a result of other forces than central bank policy...
21.03.2018
Investment Outlook Q2/2018
Amidst the recent equity market rout and inflation concern, one of
the least beloved asset classes has suddenly taken a shine.
11.12.2017
Investment Outlook Q1/2018
From the time the Federal Reserve first raised interest rates in December 2015 and announced a normalization of its balance sheet.
10.10.2017
Job Opportunities at Ameliora
Excellent opportunities exist for senior relationship managers servicing US clients to join a dynamic firm with an entrepreneurial structure.
16.09.2017
Investment Outlook Q4/2017
A typical balanced portfolio consists of 60% equities and 40% bonds. The idea behind the portfolio’s asset allocation is to diversify or minimize the overall portfolio risk.
16.06.2017
Investment Outlook Q3/2017
One moment in time, the active vs. passive investment debate
09.03.2017
Investment Outlook Q2/2017
The momentum that has propelled global equities to record highs has also caused concern whether stock markets have started to disconnect from fundamentals and reality.
09.12.2016
Investment Outlook Q1/2017
It took about five months for global bonds to trim their value by $1.7 trillion, or 7%, between this summer and the end November...
13.09.2016
Investment Outlook Q4/2016
The market’s disgust with volatility is rather intriguing. The idea that high price-fluctuating assets are risky and value destructive...
10.06.2016
Investment Outlook Q3/2016
Starting this summer a slew of market sensitive events will occur that will add to the heightened uncertainties of future asset price developments...
24.03.2016
Investment Outlook Q2/2016
A central theme last year was how financial assets would be affected by diverging central bank policies...