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Publication Notice
Tuesday 15 January 2019

Investment policy - 1. Quarter 2019

The year 2018 ended in the wake of the worst December in decades. The difficulty of investing in a zero or negative risk-free environment undoubtedly played an important role: over the course of the year, many investors were drawn towards asset classes that were riskier than what is tolerated on average. The two stock market shocks (February and October) have inevitably left a permanent scar on portfolios, a situation that
worsened with the panic triggered at the end of December, largely due to a less accommodating Fed than expected and at the mercy of trade skirmishes between the USA and China…


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