Asset management.

•    Washington sent letters to several countries announcing between 20-50% in tariffs and additional levies on products and goods that are re-exported to third countries as a way of sidestepping the increases.
•    France set an ambitious target of 4.6% for the government deficit in 2026. Meanwhile, the UK is struggling with a weak economy but that will allow the Bank of England to cut rates.
•    In China, consumer prices rose slightly but production prices continued to suffer from deflation.

Europe is going through a period of profound change - industrial, energy and geopolitical - which is redefining the conditions for its long-term economic development. Against this backdrop, the question of savings allocation takes on a strategic dimension.

We offer you an in-depth analysis of this central issue:
“Re-engaging European savings: a strategic imperative for sustainable growth”.

This document explores the concrete levers for redirecting private savings towards the real economy, with a view to sovereignty, innovation and sustainable transition.

Translated with DeepL.com (free version)

We are proud to be ranked among the Top 200 Asset Managers in Europe by Funds Europe

•    A trade agreement with Vietnam has been reached, while negotiations with the EU, Japan, India, and Korea are proceeding with difficulty.
•    So far the tariff war appears to be leaving little trace on the US economy, as illustrated by mixed labor market indicators. 
•    Both houses of Congress passed the “One Big Beautiful Bill” in an even more expansive version than its initial draft.