Finance Theme

Finance Theme

In the Finance Theme we cover interesting topics around money and wealth off the daily market developments.

Finance Theme

Cryptocurrencies - What exactly are they?

The turbulent performance of Bitcoin over the last year has brought this cryptocurrency to the attention of the wider public. But this currency has actually been around for almost ten years, and an estimated 1,600 other alternative currencies have also sprung up in the meantime. The question is often asked whether these constructs – which only exist in the form of digital code – can really be considered currencies at all in a way that bears comparison with the dollar, euro or yen. We will return to this question later in this article. First of all it is worth establishing what actually lies behind cryptocurrencies such as Bitcoin, Ether and Ripple.

Finance Theme

We irrational spirits: on man's systematic errors of reasoning

We humans tend, when it comes to decisions under uncertainty, to exhibit a behavior which contradicts our long-held view of ourselves to be summarised as "homo oeconomicus". In our Investment Theme, we give an overview of the findings in the field of behavioral finance as to what are the typical errors of reasoning that "we irrational spirits" exhibit.

Finance Theme

On the valuation of equities

How do you value stocks, what are the different approaches and how are the implemented? We address these questions in our latest Investment Comment. In addition, we give an example in order to emphasize the importance of assumptions for a given equity valuation. Last, we offer our assessment of the current equity market valuation: Could it expand from here?

Finance Theme

Swiss real estate market – never-ending price rises?

Rising vacancy rates for rental apartments and decreasing migration to Switzerland amid persistently brisk construction activity and an uncertain outlook for interest rates: the Swiss real estate market is continuing to experience a boom phase despite these negative factors impacting demand for real estate. The current issue of Investment Theme sheds light on the price developments in the Swiss real estate market in 2016 and offers advice as to what buyers and sellers of real estate should focus on in the current environment.

Finance Theme

Start-ups - new investment opportunities? Investing in innovation and creativity

The strong growth in startup companies in various dynamic industries is a fascinating trend of the last two years. Many publications – especially in social media – address their success stories. The current issue of Investment Theme provides an overview on the funding needs of these new companies. Moreover, we shed some light on the different options for participating and the associated risks.

Finance Theme

Bequests and gifts in Europe

The holiday home in Spain, the safekeeping account in Switzerland, the grandparents’ house in Italy – these days many people have assets in several different countries. Parents, grandparents or siblings bequeath or gift assets to them. When assets are transferred, regulations and taxes in the home country can often be highly complicated. And if the transfer crosses borders, the situation becomes totally confusing. The complex topic is discussed in our publication “Bequests and gifts in Europe”.

top