Article by Beat Wittmann, Chief Investment Strategist at Key Family Partners SA Geopolitics - The US Presidential Election CircusGeopolitics remain complex but we don’t expect further escalation, most importantly, nor weaponization in the energy field. Both conflicts - Ukraine/Russia and Israel/Gaza - are contained and the...
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Article by Beat Wittmann, Chief Investment Strategist at Key Family Partners SA Meandering Between Nationalism and Democratic Capitalism What links hidden Chinese youth unemployment and major property defaults to Russia’s capital controls and the crumbling Ruble and the IMF bridge loan to serial sovereign defaulter Argentina?Two reasons...
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Article by Beat Wittmann, Chief Investment Strategist at Key Family Partners SA Geopolitics - The West Prevails Russia’s unlawful and unacceptable overthrow of Europe’s post WW ll security order and the strategic confrontation between China and the US are permanently changing the geopolitical landscape and the economic...
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Geopolitics - Bipolarity Defining Our Age The defining geopolitical confrontation of our age is the strategic rivalry between the US and China. Geopolitics remain complex, ambiguous and to varying degrees confrontational, in a world characterized by the growing bipolarity between the global West led by the...
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The collapse of a major US bank doesn’t come as a surprise given the current macroeconomic backdrop with the recent strong and fast rise in interest rates. In this context, the failure and closure of Silicon Valley Bank (SVB) will not be the last significant bank,...
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Transition to a New World Order 2023 has started with the US continuing leading a united Global West, China re-opening and focusing on economic growth, Russia digging in on its illegal military attack on Ukraine and Iran’s regime doubling down on domestic repression. Stay prepared for more...
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Japan and Hong Kong. Two Asian countries with two very different economies, but one similarity that could spell trouble. Three years ago the HK protests focused our attention on the US dollar to HK dollar linked exchange rate. Back then, we speculated whether the relationship could...
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Stalemate Russia’s invasion of Ukraine in February took the world by surprise, and has moved investors’ attention away from COVID to almost exclusively on geopolitics and inflation. As well as the enormous humanitarian impact and suffering caused, the war has created major global financial consequences for...
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Introduction Traditional equity portfolios are a core part of what we do at KFP. They are often one of the largest components of a client’s portfolio. However, disciplined portfolio construction often gets overlooked in traditional wealth management. Clients are usually faced with several choices. Do they build...
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GLOBAL ECONOMY New Monetary tightening cycle at hand The Federal Reserve finally got off the fence and announced plans for a new monetary tightening cycle to start later this year with a phased reduction in its bond buying programme (tapering of QE) to be completed by mid...
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