The craft of investing

The rapid spread of new COVID variants makes it difficult to formulate reliable economic growth forecasts.

In addition to our pledge to continue adding value and managing risk and uncertainty, our commitment to ESG investment is becoming increasingly important.

With in-depth knowledge and fundamental analysis of the assets, we are able to obtain excellent returns from our main funds.

Investing wisely involves the effective management of solvency risk through a selection of solid, quality companies, bought at suitable prices, and avoiding permanent capital losses.

Few sectors are as strategic and have undergone as many changes in recent years as energy.

While it has been a year of tremendous challenges for active management, it has also presented major investment opportunities.

Current uncertainties explain the high volatility of microeconomic forecasts, to which we must add widespread social and political tensions.  

The main stock markets closed October with material gains, reversing September’s losses.

The economy, a slowing but persistent recovery

We do not know what inflation will do in the future, but we maintain that the fund’s current positioning is the most appropriate for an expected scenario of moderate inflation.

Becoming a green company is not as simple as it may seem. It takes a lot of time, investment, and dedication, which can be challenging for some companies.