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31 January 2025

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1 min

Perspectives 1/2025

Twice a year, our fund managers analyse trends in the global economy and financial markets. Read the Perspectives issue for the first half of 2025.

On the financial markets, the obsession with relative performance has taken on worrying proportions.
Today's major stock market indices are often driven by a limited number of stocks.
Many indices are close to their highs, while many stocks are not. This clearly argues in favour of active management.

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