Ethna Funds and more - stay up to date

The euro fell below parity with the U.S. dollar in mid-July. Philip Bold explains why and considers whether strong European exporters will benefit.

"The threat of a gas shortage is currently hanging over all economic forecasts like a sword of Damocles," says Dr Volker Schmidt, Senior Portfolio Manager at Ethenea Independent Investors S.A. He explains the impact of the gas throttling on the economy, how inflation and interest rates will develop and whether a recession is imminent.

Ethna-AKTIV's defensive positioning has helped to limit the losses in the first half of a very turbulent year. How did the portfolio management team manage the month of July? In this video, Michael Blümke gives an update on how the fund is currently positioned in this challenging market environment.

After several consecutive months of record high inflation levels, the ECB finally acted – or rather reacted – in July, raising interest rates for the first time in more than ten years. In our latest Market Commentary, Dr Andrea Siviero assesses this move and considers its effects and consequences.

Environmental and social sustainability aspects have become essential in the financial markets and in asset management: Environmental, social and governance aspects constitute the three pillars of sustainability known as ESG.

Many investors who – riding the wave of cheap money in recent years – blindly bet on prices to continue to rise had a bitter pill to swallow at the end of the first half of 2022. They were faced with losses on an historic scale. Find out how the Ethna-AKTIV successfully mastered the 1st half of 2022.