Comité d’investissement extraordinaire – 11/03/2016.

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Présents : Thierry, Laurent, Jacques, Dennis, Bart, Hervé. Absent : M-C Vu la volatilité sur les marchés européens, le comité s’est réuni en réunion extraordinaire ce 11 mars. Jeudi 10 mars : la BCE annonce des taux encore plus bas (-0.4%) et encore plus d’achats d’obligations (60 > 80 mlds). Du coup, les ordinateurs-robots projettent le Stoxx50 […]

Investment Management – Weekly meeting – 01/12/15

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European markets have rebounded in the approach of Thanksgiving. The retails sales of the last few days will be a good barometer of the consuming habits in the States. The level of commodity prices yet continue to worry about the state of the global macro-economy and Chinese demand. The prospect of monetary regime change in the United States naturally creates anxiety climate and further volatility. The economic environment looks complex in 2016 and risk management will be key across […]

Investment Management – weekly meeting – 03/11/15

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We persist in thinking that the continuing rise of the stock markets is de-correlated from the fundamentals. We are clearly involved in a momentum play, encouraged by the “Halloween Indicator” and market operators speculating on more help from central banks, especially from the ECB. All independent funds managers are agreeing on this…

NHS Sicav – NOVACAP Global Strategy fund – Fact sheet – October 2015

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Global financial markets rebounded during last month, taking the top on the negative performances of the third quarter. During the month of October, investors have been focusing on long-term economic perspectives and also on central banks’ announcements about possible intervention in terms of monetary policy. Despite the fact that they (Fed, ECB and BoJ) did […]