Publications

H1 2025 Market Outlook

2025 brings economic uncertainty. With resilient US growth, European challenges, and emerging market opportunities, our CIO shares key insights for H1. Explore strategies to navigate turbulence and position your portfolio for success.

2025 is here, and uncertainty dominates the economic landscape. From resilient US growth to European headwinds and opportunities in emerging markets, our Chief Investment Officer, Jean-Chsitophe Rochat, shares key insights for the first half of the year. Discover strategies to navigate the turbulence and position your portfolio for success.


Key Highlights

  • The US economy, driven by consumer spending, remains solid, with a potential boost under Trump.
  • Europe, caught between weak growth and political risks, could benefit from increased monetary easing by the ECB.
  • Emerging markets continue to grow, supported by attractive valuations and improved investor sentiment.
  • Gold, the safe-haven asset, continues to shine, while energy, particularly oil, remains under pressure.
  • The dollar remains strong in 2025, buoyed by the US economy, but turbulence is possible in the second half of the year.

👉Download the full report and equip yourself for the months ahead: Outlook - H1 - 2025 - Banque Heritage

January 17, 2025

Publications

Third Pillar: Between Tax Opportunities and Uncertainty Over Taxation

From 1st January 2025, a major reform of the third pillar has come into effect, introducing the possibility of making retroactive buy-ins.

March 06, 2025

Publications

Europe at a Crossroads

In his latest article published in Allnews, Jean-Christophe Rochat analyses the key dynamics at play and the challenges ahead

February 19, 2025

Publications

The tokenization of financial assets: a revolution in the making?

In her latest article for Allnews, Stéphanie Rheinboldt, Senior Equity Advisor, explores the opportunities and prospects offered by the tokenisation of financial assets.

February 13, 2025