…are mainly linked to European growth, and in particular to Germany, their largest trading partner. However, these countries also have close relations with…

An arbitrage in our Active Euro Portfolio…

…and with a strong presence in the US, contributed significantly to the corrective movement of the beginning of the year. Moreover, the shock wave of…

…has not escaped the correction of US markets in recent weeks. Yet this sector is relatively little related to the economic cycle, and therefore to issues of interest…

…has shown resilience since the beginning of the year, holding up despite numerous bearish themes that remain active, namely the rise in long-term rates and…

…despite the March correction in the wake of US technology stocks. One of the problems is also Apple’s new strategy of gradually…