In the second quarter of 2024, the majority of global equity markets, particularly US and emerging market equities, performed well. The S&P 500 equalised its all-time high from last March due to the continued outperformance of large tech companies. The price of gold rose slightly. Both the SNB and the ECB lowered their key interest rates by 25 basis points to 1.25 % and 3.75 % respectively.

In the second quarter of 2024, all CHF and EUR investment strategies show a positive result, with the exception of EUR fixed income. The higher the equity allocation, the better the performance in the past quarter and in the current year. In the first half of 2024, the results for CHF investment strategies ranged from + 0.84 % to + 9.49 % and for EUR from - 0.79 % to + 7.78 %

Calculation LMM; Period 01.01.2024–06.30..2024
 

Note: the figures are before costs
Calculation LMM; Period 01. 01.2024– 06.30.2024