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.


The Right Strategy Going into a Healthy Downturn

"The crucial question on the financial markets currently is: have the known risks already been fully evaluated or not?", Uwe Günther says. The founder and managing director of BPM - Berlin Portfolio Management is designing a suitable strategy for securities portfolios.

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Psycho-party at the stock markets Many

A guest article by Uwe Günther:

Many investors seem not to have learned much in the crisis of the years 2000-2003 and 2008/09. They consequently ignore warnings, and will have to pay for this.

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Investors dismiss extreme risks

A guest article by Paul Skiba:

European stocks are currently hip, while US stocks are considered overpriced. Investors who follow this trend may end in disappointment as they ignore extreme risks.

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Euphoria on Wall Street

A guest article by Uwe Günther:

Warren Buffet is often regarded as an equity-fan. However, his favorite key indicators demonstrate that the S&P 500 is massively overvalued.

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