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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'Established truths' are bad for performance

A guest article by Uwe Günther

The financial markets repeatedly trot out facts which are regarded as incontrovertible and are hardly ever called into question. However, these 'established truths' often cost investors serious money.

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Trump could prove to be really costly

A guest article by Uwe Günther

After the initial shock following Donald Trump's election victory, the financial markets are responding with applause. But America's next president could prove costly for German investors.

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The dawn of traditional fund strategies?

A guest article by Uwe Günther

Investment strategies that were once successful are now barely working. The new super-powers “central banks” are smashing the classic valuation models. Given the manipulations performed by the Fed, ECB and others, the main aim now is to avoid losses.

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Financial markets could suffer 'sudden death'

Football matches and stock markets have a lot in common: 'sudden death', for example. Investors need to secure their equity portfolios in good times to avoid losing the game out of nowhere.

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