Investment

Investment Outlook Q3 2017

by James Macpherson

Notz Stucki has just released its investment outlook for the third quarter of 2017.

“The reduction of interest rates below their natural levels has poisoned the river at its source, and nobody knows whether the water is fit to drink.” Jonathan Ruffer

 

The markets performed well in the second quarter propelled by the reassuring election result in France which drew a line under the populist victories in the major elections last year.

Emmanuel Macron, 25th President of the French Republic

As the year has progressed the shocks of Brexit and the Trump victory have been digested, and there is more clarity on what they may signify. Ironically after four decades of being a difficult member of the EU Britain may become a better European state when it leaves, being forced to accept compromises. The Brexit negotiations are likely to offer more noise than light in the next year, the process has been likened to negotiating a divorce with 27 spouses simultaneously, but despite the nationalist rhetoric both sides are incentivised to come to a sensible agreement, and Mrs May’s disastrous election campaign has weakened the hand of the hard Brexit camp. Meanwhile the more one watches the Trump administration the more it seems that the Barbarians are in the Castle. Mr Trump’s unpredictability and lack of Washington experience has affected his ability to push his reforms through. Thus far the anglo-saxon world has seemed powerless to translate the visceral voter anger into legislation.

As politics becomes less of a concern investors can worry again about QE-fattened markets…

Please click here to download the entire document.

 

Return to listing
back to
the top
Antonio Mira
CHIEF FINANCIAL OFFICER, MEMBER OF THE EXECUTIVE COMMITTEE

Antonio Mira joined NS Partners in 2006 as Group Chief Financial Officer. He heads the corporate functions and is involved in coordinating and implementing the decisions of the Executive Committee.
An experienced bank auditor, Antonio started his career in 1995 with Arthur Andersen, where he worked for some 7 years before joining Ernst & Young in 2002 as a Senior Manager.
Antonio is a Swiss chartered accountant and a Business graduate of Lausanne University (HEC).

Sébastien Poiret
DEPUTY HEAD OF WEALTH MANAGEMENT

Sébastien Poiret joined NS Partners in 2008 and manages funds of hedge funds and private client mandates. He also oversees the development of the Group’s offices in Mauritius.

Prior to joining NS Partners, he served as a Trader, Head of Manager research and Portfolio Manager in the USA and Switzerland for a single hedge fund (1998-2004) and for Optimal (2004-2008), Grupo Santander’s fund-of-hedge funds operations.

Sébastien holds a Bachelor’s degree in Corporate Finance from the ESPEME Business School (EDHEC Group) and an MBA in Finance and Economics from the Institute of Business Administration, both in Nice.

Abir Oreibi
BOARD DIRECTOR

Abir Oreibi joined the Board of the NS Partners Group in 2018, where she brings her truly international perspective and rich experience.
Among many other ventures, Abir set up Alibaba.com’s first European office. After living and working in Shanghai, Hong Kong, Bangkok and London, she now lives in Geneva, where she is CEO of Lift Events, an organization that identifies technology trends, their business and social impact through the organization of events and open innovation programs. Issues related to the challenges and opportunities created by new technologies as well as the strategic responses from organizations are at the heart of Lift’s activities.
Abir holds a BA in Political Sciences from the University of Geneva. She is an investor, and member of advisory and innovation boards.

Romain Pidoux, CAIA

Add Your Heading Text Here

Romain Pidoux joined NS Partners in 2011 and heads the Group’s Risk Management.
He started his financial career in 2005 as Head of Quantitative Analysis for a Swiss Family Office, selecting funds and managing portfolio allocation. In 2008, he switched to the alternative world and joined Peak Partners as hedge funds analyst.
He is a Chartered Alternative Investment Analyst (CAIA) and holds a Master’s degree in international relations from the Graduate Institute of International Studies at Geneva University.

Your browser is not supported. Please use another browser.