Thoughts on market events

Modern asset management involves a whole host of measures with the goal of real preservation of capital over the investment horizon. The framework conditions established with the asset owner - such as liquidity requirements, tolerance of fluctuations, the quality of individual components and diversification over different investment classes - are a significant influence in this regard.

A clear analysis and evaluation of the framework conditions is essential to both the fundamental strategic orientation and tactical investment decisions. BPM's flexible "buy and hold" strategy is based on ongoing analysis of the international capital markets and the most likely activity of the key actors in the economic system: private households, companies, banks and national governments as well as their debt levels.

We make our view of the current situation, our prognosis of probable developments and their impact on different investment classes available to our investors through regular publications.

28.06.2016

A much bigger problem is the extremely high level of global indebtedness

The foreseeable end of the debt-cycle that has been going on for some fifteen years now is much worse than Brexit. Investors who fail to act now will end up casualties. Ten actions provide some protection.

Read more …

11.05.2016

Markets in the wake of debt policy

Austria swinging right, Spain and Portugal swinging left and a possible EU withdrawal by Great Britain, while the USA is gripped by Trump fever. Political crises and growing debts are the biggest dangers for share prices...

Read more …

22.03.2016

Facts are what matters - not words

Refugee crisis, China crash and negative interest rates - nothing to worry about say government politicians, central banks and a number of commercial banks. But the facts speak for themselves...

Read more …

09.02.2016

There are alternatives to shares

The German DAX and many other leading indices have fallen by 25% percent and more already since April 2015. But there isn't a bargain just yet. Until then, investors should keep their powder dry...

Read more …

29.12.2015

Is gold about to have a comeback?

The printing presses are running at full speed. The result: more and more paper money. By contrast, the global gold supply is hardly increasing at all. Opportunities for prices to come back up again? Three expert opinions...

Read more …