Confident… but prudent on the very short term

Newsletters

Even though we are optimistic about the medium and long term outlook, and that we continue to apply with great success our investment methodology, we are nevertheless prudent on a very short term horizon:

The US market has risen by approximately 13% since the 21st of Sept. (i.e. a period of only 3 weeks).

We have therefore taken protective measures for our clients' portfolios.