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In our latest video, Harald Berres, Lead Portfolio Manager of the Ethna-DYNAMISCH, deals with the question of whether and to what extent equity markets still have potential for further price increases after a furious first quarter in 2019.

In our latest Market Commentary, our portfolio management team evaluates the credibility of statistics and estimates from the U.S. and why they should often be treated with caution.

Ethenea is in the process of reorganising the portfolio management of the Ethna-Defensiv. With this, the company founders, Luca Pesarini and Arnoldo Valsangiacomo, will take over the lead portfolio management of the fund and, therefore, more responsibility in the day-to-day Business.

In his role as Senior Portfolio Manager, Dr Volker Schmidt assists with composition of the Ethna-AKTIV bond portfolio. In our latest video, the bonds expert goes into how a positive performance contribution is currently possible with bonds.

There are signs that the US will enter a recession in the coming 12 months. In our latest Market Commentary, Guido Barthels explains that, contrary to this widely held view, a soft landing is quite possible and one therefore shouldn’t blindly follow the herd.

Today, the ECB followed the recent move by the OECD and announced a downwards revision in its 2019 growth estimate for the eurozone, lowering it from 1.7% to 1.1%. During his press conference, Mario Draghi added that although the eurozone economy is still expanding, it is doing so at a weaker pace. This adjustment coupled with a reduced inflation forecast led the ECB to announce an additional TLTRO (Targeted Longer-Term Refinancing Operation) to provide banks with continued cheap funding.