Noticias y Perspectivas.

Edmond de Rothschild Asset Management unveils its investment outlook for 2026, focusing on the following key themes: 

We are delighted to announce that Edmond de Rothschild Asset Management has been awarded 3 prizes in the following categories by H24 Finance at the Grand Prix de la Finance:

•    EdR Fund Big Data: 1st prize in the “Technology Fund” category
Our thematic fund focused on Big Data, which recently celebrated its 10th anniversary, has secured first place. This is a great recognition for this pioneering strategy designed to capture the potential of data and gain diversified exposure to the technological revolution.

•    EdR SICAV Tricolore Convictions: 3rd prize in the “French Equities” category
This flagship fund illustrates our long-term expertise in the French market and the relevance of our stock-picking approach.

•    EdR Fund Human Capital, our thematic equity fund launched in 2021, won 3rd prize in the “Human Capital” category

We would like to thank the members of the Grand Prix de la Finance jury, as well as our clients and partners, for their trust and support.

Edmond de Rothschild Real Estate Investment Management has acquired a hotel in Stafford in the United Kingdom, on behalf of one of its retail strategies

The asset is fully leased to Travelodge, one of the UK's leading hotel operators. The brand operates a vast network of hotels across the country and benefits from a strong position in a highly resilient sector. The remaining lease term is 18 years, offering strong long-term rental stability.

•    The latest US statistics still indicate a resilient economy despite a slowing labour market, but the lack of visibility on the impact of the shutdown is likely to prompt Jerome Powell to maintain a cautious stance.
•    There are increasing signs that the Bank of Japan is preparing to raise rates when it meets on December 19. 
•    In Europe, budgetary uncertainties in France and tensions within the German coalition are fuelling political risk, yet European indices gained further ground on hopes for a peace deal in Ukraine.

After many months of work, waiting and preciously guarded secrets, the new Gitana/Verdier designed Maxi Edmond de Rothschild was unveiled this Wednesday, December 3rd in Lorient, Brittany.

•    US economic data was mixed this week, marked in particular by a slowdown in September retail sales.
•    In the UK, the government unveiled significant tax increases which will raise its budget leeway from £9.9 to 21.7bn by 2029. 
•    With markets now factoring in rate cuts at future FOMC dates, we remain cautious on the dollar. We are also sticking with a slightly positive bias on fixed income with a preference for emerging country debt and investment grade credit.

Over the past two years, the European Union has signaled a clear strategic shift, launching a series of initiatives aimed at restoring the continent’s leadership in a sustainable way.

Europe is entering a new phase of massive investment, driven by historic decisions to rearm and modernize infrastructure, announced in particular by Germany and the European Commission. This decisive turning point is part of a broader drive towards reindustrialization, technological innovation, and economic sovereignty. 
At a time when investors are revising their global outlook and seeking to diversify their portfolios, the appeal of European assets continues to grow, supported by both structural themes and attractive valuations of eurozone companies, particularly compared to their counterparts across the Atlantic. 

•    Nvidia’s excellent results failed to stem profit taking on the Nasdaq and assuage some concerns around AI.
•    Doubts over a Fed rate cut in December only amplified market worries.
•    Volodymyr Zelensky rekindled ceasefire hopes by declaring that he was prepared to work with the peace plan put forward by the US and Russia.

- Robbert Zoet appointed Head of Private Markets Distribution
- New team to accelerate institutional growth across Infrastructure, Real Estate and Private Equity strategies

•    The end of the US shutdown failed to instil fresh optimism on financial markets.
•    However, European equities are so far proving more resilient.
•    We remain neutral on duration and cautious on equities, in particular in the US.

•    Divergent statements from Fed members regarding rate cuts are increasing market unease.
•    The US government shutdown, now the longest ever, is prompting both sides in Congress to engage in dialogue which may soon result in a compromise.
•    Across the eurozone, the Composite PMI continues to rise, and economic data has been unexpectedly positive since the end of October.