Market Analysis
Asset Management Market Flash: The rediscovery of diversification benefits
23/10/2026
Risk assets declined amid concerns over technology and AI, as well as geopolitical tensions.
Risk aversion supported government bonds, while PMIs confirmed the fragility of the European economy. In France, the OAT-Bund spread reached a record high of 172 basis points.
Rising energy prices are increasing stagflation risks in Europe, while the price of gold fell by 3%.



