Investment Strategy: No US hike expected this year, but risks have increased
At the meeting of the Global Investment Committee on 19 May, the decision was made to keep the asset allocation unchanged. It continues to consist of a moderate overweight in equities and an underweight in bonds and a significant overweight in cash. Commodities are overweight, with neutral allocations to both real estate and hedge funds.
Global weekly: Testing the waters
The US Federal Reserve surprised markets as it may be more inclined to a rate hike than had been expected. We believe the central bank will remain on hold this year.
ABN AMRO Private Banking wins 'Best Overall European Private Bank' Award
ABN AMRO Private Banking was last night named ‘Best Overall European Private Bank’ at the WealthBriefing European Awards 2016, as well as ‘Best Private Bank – Client Service’.
Global weekly: A relative calm
Brazil suspended its president from office, Spain issued its longest-dated bond ever, and the earnings season is coming to an end. Bond and equity markets remained relatively calm.
ABN AMRO reports EUR 475 million net profit for Q1 2016
ABN AMRO reports EUR 475 million net profit for Q1 2016.
Global weekly: Lurking political risks
Downbeat economic data, including weakness in US manufacturing, pushed equity markets lower this week. A weaker US dollar and easing financial conditions, however, should support the recovery of the US economy in the coming quarters.
Global Weekly: Wait and See
US and European equity markets are recovering, but the mood is one of “wait and see.” Rising political risks are causing concern for bond markets in Europe’s periphery.
Global weekly: In the grip of oil
Oil price developments continue to grip markets. Failed talks between oil-producing countries, however, did not refrain investors from pushing major equity indices higher this week.
Global weekly: As the world turns
Worries on China and the US recede, while uncertainties around the UK and European peripheral countries resurface.
Global weekly: Markets pause
The rally seen since mid-February is taking a breather, as concerns over China, oil prices and political risks prove enough to bring it to a temporary halt.