Credit risks are often seen as an unavoidable threat. However, they can also be used strategically to create genuine value. Active management is key here, not passive acceptance.

Volatile markets require active management – we manage opportunities and risks in a targeted manner.

The current headlines about surprisingly high US tariffs and the resulting price losses in international financial markets are understandably causing uncertainty. We would like to share with you our view of the current market situation to show that these short-term events do not fundamentally change the overall picture. The fund positioning of the Ethna-AKTIV is designed to balance out exaggerations. True active risk management is at the heart of our work.