insights.

On 12 March, the Lombard Odier Rethink Responsible Capital symposium brought together political, business and investment leaders to discuss how our world is changing in the face of significant social and environmental challenges, and how investors can gear their portfolios for this new paradigm.

Total client assets increased by 17% reflecting a relentless focus on clients.

In 2010 Christiana Figueres took on what many considered would be an impossible task. As the former Executive Secretary of the UN Framework for Convention on Climate Change (UNFCCC) she was responsible for leading the world towards a global agreement on tackling climate change.

Article publié dans Denaris, le 7 mars 2018
Par Laurent Pellet

What is the impact of climate change on the global economy and financial markets?

The US government’s imposition of tariffs on certain metals imports has unnerved the market at a time when most other economic fundamentals look fairly rosy. Our central scenario remains positive, and we believe that the measures introduced are about positioning rather than raw protectionism, however, it is still worth understanding the risks of any escalation.

A sustainability revolution is underway, which will drive economic and investment outcomes over the long term.

On 12 March, the Lombard Odier Rethink Responsible Capital symposium brought together political, business and investment leaders to discuss how our world is changing in the face of significant social and environmental challenges, and how investors can gear their portfolios for this new paradigm.

As Al Gore, former US Vice President and co-founder of Generation Investment Management told the audience during his keynote speech: “The sustainability revolution is the single largest investment opportunity in history.”

As rethinkers, we aspire to bring together innovators, pioneers and change makers to transform the world around us. Our private Rethink Responsible Capital Symposium on March 12, 2018 will welcome Ms. Christiana Figueres, the Executive Secretary of the UN Framework for Convention on Climate Change (UNFCCC) and the driving force behind leading the world towards COP21, a global agreement on tackling climate change.

Vous êtes résident Suisse et vous souhaitez financer une résidence principale ou secondaire, ou encore investir dans de l’immobilier locatif résidentiel et/ou commercial. Vous recherchez par conséquent le meilleur partenaire, qui vous propose des solutions hypothécaires ou de crédit ne dépendant pas de ses intérêts et de son bilan, mais plutôt et avant tout des vôtres. La Banque Lombard Odier & Cie SA est, dès lors, votre interlocuteur privilégié.

Article publié dans La Tribune de Genève online, le 12 mars 2018
Par Stéphanie de Torquat, Stratège macro

The political agenda in emerging economies is relatively busy in 2018. We assess the potential impact of the various votes across the regions.

How can a long period of politically induced uncertainty play into Italy’s economic recovery and our investment strategy?

Discover our latest insights in this video featuring our Chief Economist Samy Chaar.

The wave of optimism that has followed the end of the Zuma era must be balanced with a realistic understanding of the economic and social issues that South Africa has faced for a long time. 

Our longstanding history means we have always been committed to preserving heritage and to being a patron of the arts

Vous résidez en Suisse et souhaitez planifier vos avoirs de prévoyance ? Quelles sont les solutions innovantes et personnalisées, adaptées à vos besoins patrimoniaux spécifiques, à vos objectifs de vie, ainsi qu’à ceux de votre famille ?

L’économie nippone affiche des signes de vigueur que la Banque centrale ne devrait pas ignorer très longtemps. Les investisseurs doivent se préparer notamment à l’appréciation du yen.

Article publié dans le magazine Bilan, le 28 février 2018

Caisse de pension surobligatoire, libre passage ou assurance à prime unique : ces solutions, intéressantes fiscalement, sont en plein développement

Article publié dans le magazine Indices, le 26 février 2018

Each family governance structure is unique and adapted to the needs of a given family, and frequently takes the form of a tool called a family constitution. The topic of values and family constitution is a key component of the “governance” section of the Lombard Odier Family Programme.

Italy’s upcoming elections (due to take place on 4 March 2018) have so far generated little concern among market participants as the risks surrounding them appear greatly reduced

Sharp movements in markets have been a wake-up call for complacent investors, but should not have surprised anyone

Le contexte de normalisation des taux est favorable à l'industrie. D'autant que l'évolution des processus associe plus efficacement humains et machines.

Interview de Stéphane Monier dans L'Agefi du 13 février 2018

Article publié dans l'Agefi online, le 6 février 2018
Par Samy Chaar, Chef économiste

We're honoured to have been commended four times at the “WealthBriefing Swiss Awards 2018", for our services to private banking and to our clients. We're proud to have been rewarded for our commitment to the industry, responsible capital and for keeping our clients at the heart of everything we do. This is why we continue to "Rethink Everything" and help our clients achieve their ambitions. The ceremony was held in Geneva on Thursday 8 February.

As well as structural inefficiencies, lacklustre hedge fund performance in recent years can be attributed to a combination of low interest rates, depressed volatility, high inter- and intra-market correlations and the impact of valuation-insensitive investors. Each of these cyclical headwinds is showing clear signs of easing, and HF performance has already improved across the board in step with this changing environment. As the monetary policy environment continues to normalise and volatility picks up, we see a stronger case for HF allocation.

We are reaffirming our constructive stance and raising our targets on most commodities

With Argentina poised for possible inclusion in the MSCI Emerging Markets Index this year, investing in the market now could offer strong rewards – but beware the bumps along the way, writes Stéphane Monier.

Article publié dans La Tribune de Genève online, le 1 février 2018
Par Stéphanie de Torquat, Stratège macro

At the heart of private banking lies understanding. Understanding the needs of clients, being creative and the ambition to turn the wishes of an individual into a reality.

At Lombard Odier, solving the world’s most pressing social and environmental challenges, as an investor or philanthropist, goes hand-in-hand with strong financial performance

After two years of economic difficulties triggered by trembling oil prices and international sanctions, we believe Russia’s economy is firmly on the road to recovery with real GDP growth expected to have reached 1.7% in 2017, according to the World Bank. While there are, of course, challenges that the economy must overcome, we forecast that the positive momentum that began in 2017 will build over the year to come.

What makes the World Economic Forum so valuable is its unique role in bringing together governments, NGOs, academic institutions, businesses and civil society in a spirit of collaboration and innovation. If we are going to succeed in ‘Creating a Shared Future in a Fractured World’, it is imperative that we build bridges between all of these different parties.

Lombard Odier and the Global Fund are pleased to announce a strategic partnership to rethink traditional approaches to investment and philanthropy to make it easier for more people to contribute to the fight against some of the world’s most pressing health challenges. 

The dynamics of Japan’s economy point to a firmer yen and a bullish stock market. But will the central bankers take the hint?

Patrick Odier, Senior Managing Partner

This article was first published in Le Temps, 22 January

Private bank Lombard Odier’s Chief Investment Officer Stephane Monier is upbeat about the growth prospects as he trains his focus towards emerging markets.

This article was first published in Forbes Middle East

Die Neue Zürcher Zeitung hat den Artikel am 11. Januar 2018 publiziert

When deep personal passion about a social or environmental issue enlists a great idea how to make a difference on the ground, we are on the path toward high-impact philanthropy.

Our view of the world warrants continued pro-growth investment positioning, even though we expect more modest returns going forward as the cycle matures.

Accelerating growth in most of the emerging markets complex should offset a likely modest Chinese deceleration next year

The Bank of Japan remains the most accommodative central bank, despite some supply limits having been reached and inflation picking up on wage growth and an undervalued currency

Europe outperformed expectations in 2017 as economic and political risks abated. All signs suggest the strong recovery will continue in 2018

The US is on track for its second longest post-World War II expansion, even if growth should prove somewhat softer in 2018, given reduced slack

Article publié dans l’Agefi, le 15 décembre 2017

Par Stéphane Monier, Chief Investment Officer Lombard Odier Private Bank

Seeing the impact of your investment is what really matters. In these uncertain and changing times, investing for impact has become increasingly important

It took a decade but the crisis is now behind us: the global economy has found a “normal” footing, inflation is starting to come back into the picture – although far from posing a risk – and central banks are able to gradually remove exceptionally supportive policies

The global momentum is set to continue in 2018, but the opportunity set is changing

Progress in talks for the UK to exit the EU have put the country on course for a ‘soft’ Brexit, leading us to a less negative view on sterling. Still, we note that negotiations have moved from one period of uncertainty to another, and that key questions remain on the shape of Britain’s post-EU economy

Article publié dans La Tribune de Genève online, le 14 décembre 2017
Par Sophie Chardon, Stratège cross-asset

Latin America may turn out to be one of the most interesting emerging regions next year, given the potential premium associated with various political risks

As Italians head to the polls to designate their next government in 2018 under a new electoral system, we believe unstable politics should not harm economic progress. However, the country still faces numerous structural challenges in the long-term