The craft of investing

Europe improves, the US cools, and inflation is more controlled in the EU. Markets rebound in May due to technology and expectations of low rates. We continue with prudence, liquidity, short fixed income and small companies.

Concern about inflation in the US and modest growth in Europe. Adjustments in the markets due to monetary policy uncertainty. Investment strategies focused on maintaining quality, adjusting duration in fixed income and diversifying portfolios without immediate changes.

The first quarter saw strong performance by risk assets due to growth prospects and potential rate cuts. EDM Ahorro adjusted its portfolio, reducing sovereign debt and increasing corporate credit.

Investing in megatrends is key to long-term stability and growth in a volatile market. We carefully select leading companies in high-growth sectors, like technology and healthcare.

Strategic planning and specialised advisory are essential to enhancing investment results and achieving profitability targets.

We highlight the solid performance of this first quarter of 2024, thanks, in part, to our strategy of diversification of portfolios against possible bubbles. With preference for quality actions and the search for opportunities in medium-sized companies.

Solid performance this February 2024, driven by exceptional results from companies such as Icon, Novo Nordisk and CRH. EDM Strategy offers investment opportunities exceeding market expectations.

Economic rebound still and concerns about inflation and monetary policy. In the markets, the growth of the stock markets, the decorrelation between fixed and variable income and the valuation risks in shares stand out.

Once again, the Spanish stock market regains its allure for investors. In 2023, it obtained higher returns than the main European indices, with better relative results for the second year in a row.

We begin fiscal year 2024 with divergences regarding growth in the large economic areas. Even so, the good data at the end of the year have favored a continuation of optimism in the markets.

EDM Strategy’s superior performance, relative to the index, is attributable to having, once again, avoided grave stock-picking errors.

These 2023 markets have refocused on company fundamentals.