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Investment Outlook
Återhämtningens anatomi
 
Marknadssyn och portföljstrategiDecember 2009
PRIVATE BANKING • INVESTMENT STRATEGY
 
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Innehållsörteckning
Inledning ......................................................................................................................................................3Sammanattning .........................................................................................................................................4Portöljstrategi ............................................................................................................................................6 Tema: Återhämtningens anatomi ..............................................................................................................9Tema: Valutors påverkan på investeringar .............................................................................................12Tema: Råvaruproducenter vs. råvaror ....................................................................................................14Makrosammanattning .............................................................................................................................16Tillgångsslagen: Aktier ..........................................................................................................................................................18Räntor .........................................................................................................................................................21Hedgeonder..............................................................................................................................................24Fastigheter .................................................................................................................................................26Private Equity.............................................................................................................................................28Råvaror .......................................................................................................................................................30Valutor ........................................................................................................................................................33
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