Today’s inflation is different from that of a year ago. Then, one-off shocks led to isolated price rises in items like used cars. Now, inflation is spread across a much wider basket of components. US inflation for June surprised to the upside aga...

AXA Investment Managers ( AXA IM) today announces the appointment of Gideon Smith, previously Co-Chief Investment Officer of AXA IM Equity QI, as Global Head of AXA IM Equity QI effective 1st August 2022. Gideon Smith Based in Londo...

Pictet Asset Management The world appears to have unwound all the environmental progress made during the pandemic as our consumption of natural resources is back to unsustainable pre-Covid levels. July 28 marks Earth Overshoot Day, the poin...

This is the most aggressive sequence of hikes since the Volcker years. Chair Powell kept the option of another 75 basis-point rise on the table but caveated it by highlighting the importance of short-term data. What happened?As widely expected,...

Alexandre Tavazzi, Pictet Wealth Management - in The Business Times A peak in global rates and an improving growth outlook in China could lead to a reversal of fortunes for Asian emerging-market currencies in the medium term. Global supply c...

Thomas Costerg, Pictet Wealth Management The US housing market went through a mini-boom in 2020-21 on account of demand for additional space during the period of Covid restrictions coupled with easy money from the Federal Reserve. This was in s...