February 2021 - 'ALTEX AM V2'

23 Feb 21

Will inflation influence the Fed in 2021?

The United States is preparing for a year of return to growth: 4.2% is expected in 2021. Moreover, the US economic outlook for 2021 appears bright. With vaccines rolling out quickly now, there is reason for optimism that, by the third quarter, the Covid pandemic will have been brought largely under…

19 Feb 21

Sustainability, key in Altex investments

Sustainability has of late become a defining feature in our daily lives, in the news, in the concerns of governments, as well as in companies, and this is even more so since the pandemic began. According to the “Vision on ESG matters from the Board of Directors’ point of…

05 Feb 21

January 2021 – Back to a volatile normality

Highlights In January returns once again beat expectations: SF Real Return +0.02%, SF Prudent Growth +1.86%, SF Quality Stocks –0.20% (vs MSCI World Index in EUR -0.30%). Market Commentary Our mid- and long-term scenarios are still positive Market background is positive, we are still in a recovery phase with volatility…