In this edition of the publication, LGT Capital Partners’ economists look at the agenda of the new Trump Administration and its potential economic impacts. Their baseline scenario remains constructive but they take policy risks and possible sentiment disruptions into account by adopting a neutral stance on equities. In addition, the economists focus on geopolitical tensions and what they mean for the firm’s investment approach.

Principal Investor Perspectives also takes a closer look at ILS. It discusses the advantages of this asset class in an environment of rising catastrophe risks, stricter regulations and expanding capital markets. As a key component of LGT Capital Partners’ asset allocation, ILS has contributed to diversification through uncorrelated risk premia, helping to reduce portfolio risk – especially during periods of market stress.