Investment Strategy

For markets, 2017 started well before January

For markets, 2017 started well before January

In 2017, Investors will need to be agile, go for convexity and prove highly selective; the stock market year has already started judging from the rapid gains chalked up by indices in the last weeks of 2016. Far from representing an impossible hurdle, this acceleration phase is clearly not yet over.

Key points

  • Six months after the UK referendum, growth in Europe and the UK has been remarkably resilient
  • The economic horizon is now clearer but 2017 will be a very busy year for elections
  • Donald Trump is about to take to the stage, moving from Twitter to the White House
  • Investors will need to be agile, go for convexity and prove highly selective in 2017 but the stock market year has already started judging from the rapid gains chalked up by indices in the last weeks of 2016

Our top conviction picks

  • High exposure to equities and overweight developed countries
  • Strong interest in European M&A, cyclicals, energy and financials in the US and, more broadly, the healthcare theme
  • On bond markets, focus on credit market segments with good risk/return profiles like financial bonds and emerging country debt
Downloads

Learn more



For markets, 2017
started well before January


Need more information?

Contact us

Edmond de Rothschild Asset Management (Suisse)
8 rue de l’Arquebuse
Case Postale 5441
1211 Genève 11
Switzerland


+ 41 58 201 75 00
Written January 10, 2017.

This document is issued by Edmond de Rothschild Asset Management (France).

This document is non-binding and its content is exclusively for information purpose. Any reproduction, disclosure or dissemination of this material in whole or in part without prior consent from the Edmond de Rothschild Group is strictly prohibited. The information provided in this document should not be considered as an offer, an inducement, or solicitation to deal, by anyone in any jurisdiction where it would be unlawful or where the person providing it is not qualified to do so. It is not intended to constitute, and should not be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell or continue to hold any investment. EdRAM shall incur no liability for any investment decisions based on this document. The figures, comments, forward looking statements and elements provided in this document reflect the opinion of EdRAM on market trends based on economic data and information available as of today. They may no longer be relevant when investors read this document. In addition, EdRAM shall assume no liability for the quality or accuracy of information / economic data provided by third parties. Past performance and past volatility are not reliable indicators for future performance and future volatility. Performance may vary over time and be independently affected by, inter alia, changes in exchange rates. “Edmond de Rothschild Asset Management” or “EdRAM” refers to the Asset Management division of the Edmond de Rothschild Group. In addition, it is the commercial name of the asset management entities (including branches and subsidiaries) of the Edmond de Rothschild Group.