After an exceptionally good year for investors in 2021, Till Christian Budelmann, Chief Investment Officer at the Swiss Private Bank Bergos, takes a constructive view of the new year, although he anticipates more modest investment returns overall. While bond yields can be expected to rise, equities are still the more attractive asset class for now. However, it will become more difficult to generate high returns from equities. Active management, which steers capital to the right regions, sectors and sub-segments, will be more important in 2022. For example, the IT sector as a whole will no longer be among the structural winners in the United States.(…)
10.04.2026