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CIO Letter - Mind the Gap

Bio - Lombardo
September 2014
Giordano Lombardo

Economic fundamentals (the “real economy”) have been struggling to catch up with the buoyant behavior of financial markets. Eventually, these diverging patterns (gaps) will have to be reconciled.
In this letter, we briefly review global economic conditions and do a “check-up” of where we stand in this chicken and egg game between markets and the economy.


European Equities: on a positive trajectory

August 2014
Fiona English

The European equity market has provided a positive performance year to date, is this likely to continue? Although we expect the market to end the year higher than today, we believe investors should be prepared for a more difficult market environment in the second half of 2014.  

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