Switzerland

“In the looking-glass world of negative-interest rates, the Swiss are in a special category.” – by Stephen Mihm

“With the ECB set to cut rates, the Swiss will have little choice but to go even deeper into negative territory. The SNB is a price-taker, not a price-maker.” – by Marcus Ashworth

“Despite the European macroeconomic picture being “muted” for the past two years, last year saw record activity in most alternative asset classes.  European alternative asset fund managers held €1.62 trillion ($1.82 trillion) in assets as of June 2018, up €300 billion in three years” – by Michael Katz

Investor trepidation towards Europe in today’s markets is understandable.  Regional macro data remain anemic.  Europe continues to produce weak data, Euro-Area economic sentiment saw its worst losing streak in a decade and low interest rates are set to continue throughout the medium term.  Meanwhile, the Fed has raised rates nine times since December 2015, taking […]

Leclanché announces debt-to-equity swap converting CHF 24 million of debt into equity issued to major shareholder FEFAM