“Dear passengers, please take your seats!”
Video replay of our Investment Outlook presentation from January 14, 2021,
followed by a Q&A session
Airports have become a no-go zone during the pandemic. But air travel may well take wing once vaccines become available. So can the global economy in 2021, which we expect to fly past the worst Covid-19 storm clouds. Therefore: “Take your seats in economy class.”
In the financial markets, the pandemic seems to have already been forgotten. After we experienced the fastest drop in equity prices in history, the markets recovered at a breakneck pace. This recovery was driven by political measures and the central banks, which set up assistance programs and provided liquidity on an unprecedented scale. With the vaccines now available and currently being administered, the horizon has brightened once again:
“Fading risks fill the sails of financial markets”
Our investment experts have evaluated three economic scenarios for 2021, each with a different probability of occurrence.
In this video, follow our Investment Outlook 2021 and learn about the three scenarios and their background in detail. What strategic considerations does the somewhat uncertain starting position of 2021 entail?
Following a brief introductory presentation, Dan Scott, our Chief Investment Officer, answers investors’ questions about Vontobel’s Investment Outlook 2021. © Vontobel, recorded on January 14, 2021, 1:30 p.m. (CET).
Nel 2018 Frank Häusler è entrato a far parte di Vontobel Asset Management in veste di Head of Macroeconomic & Cross-Asset-Research. Nel 2019 ha assunto il ruolo di Chief Strategist e a metà del 2020 è diventato responsabile degli investimenti tematici nel Wealth Management. In qualità di Chief Investment Strategist monitora la strategia d’investimento ed è membro con diritto di voto dell’Asset Allocation Committee.
Prima di entrare a far parte del team Vontobel, dal 2014 al 2018 è stato Chief Investment Officer presso Marcuard Family Office e ha lavorato nell’Investment Advisory Board di un grande US Family Office. Dal 2009 al 2013 è stato operativo presso la banca privata Wegelin e la relativa società subentrante, 1741 Asset Management.
Frank Häusler si è laureato in matematica presso il Politecnico Federale di Zurigo.
Head of Swiss Equity Research
Peter Romanzina joined Vontobel as Head of Brokerage in September 2010. He began his career at various banks in portfolio and asset management in Geneva, London, and Zurich before joining Schweizerische Kreditanstalt (SKA) in 1995. At SKA and later for Credit Suisse/First Boston (CSFB), he began as a research salesman for Swiss equities in Zurich and London. From 1998 to 2000, he headed Swiss Equity Research for CSFB and was also responsible for the Swiss equity strategy. From 2001 to 2010, he headed the brokerage business in Switzerland for Kepler (formerly Julius Baer) and was a member of the European Management Board.
Peter Romanzina is chartered financial analyst (CFA), financial risk manager (FRM), certified financial analyst and portfolio manager (CIIA).
Journalist, TV anchor and entrepreneur
Over the last 30 years, Christine Maier has presented a range of TV formats on Swiss and German channels SRF, ZDF and Bayerische Rundfunk (BR). On Swiss TV, she was presenter and editor-in-chief for “Club” and news presenter on “10vor10”. In 2013, she took over as chief editor for “SonntagsBlick”.
Since May 2016, she has focused on her mandate as communications consultant for leading management personalities and works as public appearance coach, media trainer and host at economic and political events.
Jens Korte runs an independent correspondent bureau in the heart of the financial district in New York. He reports live from Wall Street on a daily basis for Swiss and German TV stations. Jens Korte is live on air from the floor of the New York Stock Exchange or from all over Brooklyn and Manhattan. In 2003 he founded new york german press. The clients range from TV stations as SRF, ntv, Deutsche Welle to radio and print clients like Die Zeit. Jens Korte experienced the dotcom era, the attacks on 9-11, the recovery of New York and Wall Street, the financial crisis, the pandemic and five presidents in the White House. After a two year training program at the chemical company Hoechst AG near Frankfurt Jens Korte studied and graduated in economics in Berlin. While in university he started writing for newspapers and eventually moved to the Big Apple. He is married and has one son.
Our baseline scenario implies: