The year 2022 will go down in financial history as an exceptional year on many levels. First, it has been one of the worst years in history for bonds and a bad one for stocks. In fact, for U.S. Treasuries, the first few months were worse than anything witnessed since 1788, which emphasizes the historical dimension of the environment that investors have had to deal with in 2022. On top of that,…
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If there was any doubt that future mobility solutions will be electric, consider this—one in four new cars sold in Europe, and one in five in China, now comes with a plug. Who would have thought ten years ago that 20%–25% of new car sales in these regions would be electric as early as 2021? The transition away from petrol- and diesel-powered vehicles is firmly underway. It is not a question…
Three years ago, Mathieu Ferragut stepped into his current role of CEO at CFM Indosuez Wealth Management, the largest banking institution in Monaco with 400 employees and the largest job provider within the financial sector. Aside from the sanitary and economic hurdles everyone has been facing in recent months, Ferragut says the biggest challenge for a head of a leading bank has been “to…
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With the current respite in markets, investors need to re-anchor their portfolios within the rapidly shifting investment landscape. Investors have witnessed the fastest bear market in history as well as an equally breathtaking…
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From July 28 to 30, Monaco hosted the 11th Global Family Office Investment Summit, which was attended by over 600 private investment offices and the richest people in the world with wealth over $4.5 trillion. The Ritossa’s Family Office…
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Following UBS’s 1Q20 announcement of $1.6 billion net profit, Agnès Falco, CEO UBS Monaco, talks to Forbes Monaco about the uncertainty and unfamiliar times of Covid-19. UBS’s first quarter 2020 reflected high client transaction…
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