Views & Convictions

Views & Convictions

Welcome to the latest edition of our Rothschild & Co Asset Management Swiss newsletter.

In this month's edition, our Chief Economist provides fresh insights into the macroeconomic landscape, with a particular emphasis on his concerns regarding developments in China and Europe. Additionally, we feature an exclusive interview with our Net Zero Credit CHF Fund Manager, who reflects on his experience and lessons learned since the launch of this strategy three years ago. Lastly, our LongRun Portfolio Managers have contributed a concise article that highlights how their in-depth research is at the forefront of their Quality stocks picking. Hope you'll find these articles both informative and engaging. Happy reading!

China and Europe raise concerns – again…

In recent months, the prevailing narrative of an imminent recession driven by central bank tightening has receded. Instead, investors maintain their optimism in the enduring strength of the US and global economies. Nevertheless, the economic landscape remains marked by significant uncertainty, exacerbated by a decline in business confidence.

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Rothschild & Co Asset Management diversifies its CHF bond offering

To meet the increasing demand from Swiss investors for Net Zero investment solutions, Rothschild & Co - Asset Management has introduced two new Swiss franc-denominated units for its environmentally focused bond strategy, R-co 4Change Net Zero Credit Euro*. This bond strategy, with a proven track record spanning over three years, is designed to align with the Net Zero objective by consistently lowering the carbon intensity of its portfolio. In this edition, we feature an exclusive interview with Nicolas Racaud, the Fund Manager.

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Can Deep Research and Qualitative Insights really play a differentiating role in Quality investing?

Deep research and qualitative insight are indispensable tools when investing in quality stocks. The Investment Team running LongRun, Rothschild & Co's global equities strategy focused on quality investment style, has recently unveiled an in-depth interview shedding light on the depth of their research and the pivotal role it plays within their investment strategy.

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Coming next month… the latest convictions and positioning of our fund managers, as well as a new curated selection of articles, papers, and interviews.


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Disclaimer

*investing involves risk, including loss of capital. To find out more about the risks associated with this fund, please refer to its prospectus, available on our website.

The Rothschild & Co Asset Management funds (hereinafter referred to as the "Funds") presented in this document are funds governed by French law; they are approved by the FINMA for distribution to non-qualified investors in or from Switzerland. This information memorandum is not an invitation to subscribe to any of the Funds described herein; it does not replace the Fund's prospectus and is provided for information purposes only. This presentation is not an advice or a recommendation to subscribe to any Fund. Subscriptions will only be received and units, shares or units issued on the basis of the current version of the prospectus of the relevant Fund as approved by the FINMA. Any information provided in this document is provided for information purposes only and has no contractual value. Past performance is not indicative of future performance(e). Furthermore, commissions charged on the issue and redemption of units, shares or units of the Fund concerned are not included(f). Rothschild & Co Asset Management does not guarantee in any way the evolution of performance and cannot be held responsible for any decision taken on the basis of the information contained in this document. Investing in one or more units, shares or stocks of a Fund is not without risk. Rothschild & Co Asset Management recommends that subscribers request additional information, in particular regarding the suitability of the Funds' characteristics for their needs, by calling either the Funds' Representative in Switzerland as indicated below, or their usual financial advisor, or Rothschild & Co Asset Management before making an investment decision.

Rothschild & Co Bank AG (Zollikerstrasse 181 - CH-8034 Zurich - Switzerland) has obtained from the FINMA the authorisation to distribute the Funds to non-qualified investors in or from Switzerland; Rothschild & Co Bank AG is also appointed as representative (the "Representative") and paying agent in Switzerland. The Regulations or Articles of Association, the Prospectus, the Key Information Documents, the annual and semi-annual reports of the Fund for Switzerland can be obtained free of charge from the Representative in Switzerland. Investors should read the prospectus before subscribing to any units or shares of the Funds. Announcements to investors in Switzerland concerning Rothschild & Co Asset Management or the Funds will be published on the authoritative electronic platform?www.fundinfo.com?. Issue and redemption prices or net asset values with the mention "commissions excluded" will be published daily on the electronic platform?www.fundinfo.com.

Rothschild & Co Asset Management , organized under the laws of France, registered with the Trade and Companies Register of Paris RCS Paris 824 540 173. A management company licensed by the Autorité des Marchés Financiers under N° GP 17000014, having its registered office 29, avenue de Messine, 75008 Paris, France.

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