Asset Allocation Q4-2026

Following the strong equity performance, we have reduced risk tactically in our global mandates by trimming the allocation to US equities and increasing the liquidity buffer accordingly.

Higher valuations, rising interest rates and geopolitical risks call for greater caution. At the same time, the additional liquidity gives us the flexibility to reinvest when valuations become more attractive or new opportunities arise.

Do you have any questions?

We will be happy to provide you with further information on market prospects or questions on financial requirements.

You might also be interested in

Marktperspektiven 2026-10
America will vote in November – but have the markets already cast their ballot?
Belvedere Asset Management
The semi-institutional approach combines the discipline of institutional investors with the flexibility required by the trust and its beneficiaries.
Belvedere Market Insights 2026-10 Konjunktur b
What is particularly notable is not so much the pace of growth as its composition.
Belvedere Market Insights 2026-10 Zinsen b
Expectations of further easing have once again given way to pressure for tighter policy.
Belvedere Market Insights 2026-10 Aktien b
After strong years for equities, preserving what has been achieved is becoming more important
Nestle 2026-10
Nestlé delivered again, but markets still do not approve.
Belvedere logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

I confirm,

  • that cookies may be used for analytical purposes.