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.
Annual review and outlook for 2020
"West Side Story" or "Star Wars"?
The Right Strategy Going into a Healthy Downturn
Read more … The Right Strategy Going into a Healthy Downturn
download as PDF
Stock markets are decoupling from the real economy
Share prices and basic economic figures have moved far away from each other. In the mature phase of an economic cycle this creates a particularly explosive situation for asset investments …
Read more … Stock markets are decoupling from the real economy