Investment strategies for volatile markets

Modern wealth management: seeking structure,
clarity and consistency. Our expertise at the service
of your needs.
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GLOBAL INVESTOR 3.07 Contents — 07
Wealth Management Guide
Investing systematically
Wealth Management Guide
Modern asset management: Striving for structure,
clarity and consistency. Our expert know-how serving
your needs. See page 37
Lead article
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Boom, bust and recovery
If the historical pattern is repeated, stock markets can continue their rising
trend, but this trend would be more volatile than it has been recently
Investing across cycles
Equities offer the best return potential over the long term, but the risk of heavy
losses during bear markets calls for an active management of downside risk
The costs and benefits of total return
Interview with Professor Heinz Zimmermann, an eminent finance scholar and
Head of the Department of Finance at the University of Basel
Focusing on and targeting an absolute return
Interview with Dr. Hermann Pomberger, Head of Asset Management at Allianz
Switzerland
Challenge for carry trades
Carry trades rely on wide interest-rate gaps and low volatility. With these factors
likely to start unwinding, we look at ways investors can protect their portfolios
As part of a larger portfolio, total return can be a safety valve
Interview with Credit Suisse’s Daniel Hausammann, Head of Total Return Family
in Asset Management, and Arun Ratra, Chief Investment Officer for MACS
An answer to increasing volatility
Total-return strategies suit all investor types and are very interesting at present,
as we expect volatility in financial markets to increase
Basics of hedge funds
Hedge funds offer a useful combination of reasonable returns with low-tomedium
volatility for diversified hedge fund portfolios
The goal is to preserve and grow capital
Interview with Mr Chris Goekjian, an experienced fund of hedge fund manager
Services
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Sustainability creates opportunities
Interview with Bernhard Felder, Chief Operating Officer of Global Research
Authors
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