Value management consists of selecting stocks at a discount, i.e. stocks whose price is lower than it should be in relation to the intrinsic value of the company. This management style relies on the correction of this market anomaly which will rev...

"The Centre-right coalition obtained a relatively large majority in Parliament after yesterday's general election, with the far-right Fratelli d'Italia winning around 26% of the votes. Although a clash with the European Union is not imminent (M...

Union Bancaire Privée (UBP) is pleased to announce that Sergio Trigo Paz joined the Bank on 1 September as CIO & Head of Emerging Market Fixed Income. Based in London, Sergio takes the leadership of a team which now counts nine investment...

By Ole S. Hansen,Head of Commodity Strategy at Saxo Bank Commodities traded generally lower in a week where the big lines were drawn by developments in Washington and Moscow. At their latest FOMC meeting, the US Federal Reserve managed...

By Peter Garnry, Head of Equity Strategy at Saxo Bank Peter Garnry The FOMC will push interest rates much higher from here to rein in inflation and with that lowering equity valuations. This means that higher P/E ratios, also called growth...

The quantitative tightening of US financial conditions will inevitably strain parts of the banking system. But it seems this time the Fed has the tools it needs to avoid a widespread near-term squeeze. Since the start of the year, banks have b...