All those who kissed the 'Trump ring', will switch pretty quickly...The Republican Party’s generational collapse in this week’s midterm elections ushered in a wave of finger-pointing largely aimed at the Oval Office, exposing deep fissures within the party and opening the door for 2028 hopefuls to hone their message, end of MAGA movement >>> Trump's next two years: Impeachment battles over Iran, DOGE, White House construction & crypto deals.. Iran officially announced exemption to four countries - China, India, Iraq and Qatar from transit restrictions in the Strait of Hormuz, Germany finance minister to seek renewed US ties with US Democrats, Yemen’s Houthis are now directly demanding $51 billion from Saudi Arabia as compensation for years of airstrikes and blockade, along with official recognition of Ansarallah as Yemen’s rulers, as baseline conditions for ending the war, per The WSJ. Markets : Anthropic plans to open its IPO to retail investors in the UK, Japan, Canada and Australia (..overhyped IPO, they looking for retail exit liquidity now..), EU zone inflation hits 4% (3y highs), RBA's Hauser: Inflation is too high, whichever measure you use, crude heads lower >>> USD peaked, UST yields 'peaked', GOLD recovers/ sharp turnaround from oversold levels (XAU; XPT, PALL etc), risk recovers rather swiftly too ! Trump related stocks didn't #DJT OIL : physical oil market is now pretty much fully balanced, when shipping, insurance costs drop, priced will fall IMHO... perhaps quite sharply >>> mr market is net long a LOT of Oil futures on fear, war etc New Brazil law forces companies to answer 80% of customer calls with a human Google offers voluntary exit packages to staff in Canada, France, Germany, Japan and Switzerland New poll shows over 80% of Americans put corruption as a key issue over the economy As Republicans suffered a landslide defeat and Texas elected its first Democratic governor in more than three decades, one of the biggest losers of the US midterms was not on the ballot: billionaire Elon Musk A New Kind of Blue Wave - The Atlantic That was quick...the end of MAGA Vance courting disgruntled Trump voters to form new right alliance after Republican bloodbath, sources say Elon Musk's business empire braces for Democratic wave as Texas flips blue Gold Price Hovers Near $3,930 as US-Iran Talks and Elections Shape Outlook - Bloomberg Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo Brookings: Russia, China may test U.S. if Trump appears weakened Google Extends Buyout Offers to Five More Countries as AI Spending Weighs on Alphabet Shares — BigGo Finance CoreWeave Bonds Hit New Lows as Texas Data Centers in Crosshairs Euro zone CPI hits 4% for first time in three years, ECB hike looms Businesses boost jobs ‘for first time in two years’ yet interest rate hike looms UBS knallhart: $75 pro Kopf für Xmas-Fete – Inside Paradeplatz

Donald Trump told Americans to vote as if his name was on the ballot, they did just that, seems biggest issue for voters was the 'Iran war', Elon Musk poured roughly $474 million into MAGA Republicans during the 2026 midterm cycle, and they still lost the House and Senate.... Markets : bit of a stalemate, overnight early risk-off faded (-2% QQQ), things can still move on broadly speaking on AI, Texas vote and AI buildout-data centre is KEY - must follow, OIL, Iran, funding debt limits and so on, just NO real new legislation though, but note that he can still go to war, 2006 Iraq precedent is a warning (DEM's had a clear sweep and president still went to war), to remove President you need 67 senators, back to more serious stuff ! US tech giants' hidden AI debt swells 90% to $3.2tn in 6 months >>> PM's rallied fairly sharply off overnight lows, probably a 'low' in place technically FED : Watch what Warsh does. Not what he says. He talks like Volcker, but the Fed has printed about $150 billion this year/Thread Hackers used a bogus job interview and software hidden in an ​advertisement to compromise the computers of two Binance software engineers before using a third's computer to drain $6.3 billion worth of crypto in last week's ‌record heist, the exchange said on Tuesday Sign up - this is valuable tuition Upcoming events and webinars | Saxo US Midterm Election Results 2026: Democrats Flip 7 Senate Seats, Win Congress | Outlook India Gold, silver and precious metals jump as Democrats take Congress Christophe Barraud 🇫🇷 🇲🇨 on X: "🇺🇸 US tech giants' hidden AI debt swells 90% to $3.2tn in 6 months - Nikkei Asia https://t.co/FGB7hpTiZA https://t.co/5ZbYDHNWFm" / X Hakeem Jeffries is on track to make House speaker history. But major challenges lay ahead Subpoenas. Hearings. Evidence. Accountability. Trump’s administration treated public office as a vehicle for enriching family, friends, donors and billionaire allies while ordinary Americans paid through higher prices and economic chaos. Now Congress can follow the money. Democracy is ensuring that nobody - president, billionaire or donor - is above the law... China stock-buying loan applications hit $30 billion | Reuters #SHCOMP #CSI lows in place Kiwi falls as New Zealand unemployment rises to 5.7% Melania Trump to host Ukraine-Russia talks as peace push continues Oracle cancels approximately $7 billion AI ch... Bill Ackman warns of 'casino' stock market trading Bradley Walsh’s Million Pound Shot, Channel 4 review: A powerful warning about gambling

US midterms up next now ! Markets : Crude a little softer as Iranian and Qatari officials held a 3rd consewcutive day of talks in Doha, aimed at ending the U.S-Israel war on Iran, MSFT raised another $25bn from US bond sale, Lagarde on her way in Feb 2027, US Treasury borrows record $839 Billion in auctions last week, China stocks up on report of regulatory support >>> On top of ACTUAL news, Ai debt, etc, like Google's ugly earnings, CAT, AMZN, Intel a few others..., imagine the wrench a Democratic midterm victory could throw into the market. They could gum up the works almost immediately, bringing renewed scrutiny to crypto, banking, markets, etc.... BEWARE... The $6tln House of Cards. Google’s announcement of nearly 1tln in forward commitments alone once again highlights how much of the AI boom today is being greased by all those involved committing to deliver future cash Passengers on never-ending cruise stranded by soaring fuel costs AI spending concerns linger: Goldman Sachs forecast hyperscaler capital expenditure almost doubling to $800bn this year and reaching $1.2tn in 2027, while projecting S&P 500 earnings growth slowing from nearly 30% in 2026 to 18% next year. Intel’s near 29% drop on Friday raised the stakes for other chipmakers, and US midterm elections on Tuesday added uncertainty, with a Democratic win in either house seen creating potential hurdles for data centres Frankfurt Riots: Germany’s Dobrindt Demands Tough Penalties After Gen Z Protest Violence UBS boss Ermotti makes clearest Swiss exit threat A prolonged rout in the riskiest parts of the global market for junk debt is sending shockwaves through credit markets, driving some of its most active investors into sharp losses-FT US Midterms Explained: Who’s Ahead, Who Needs What, And When We’ll Know | Times Now Rubio says Trump wants to solve Iran war 'peacefully' Iran and US explore diplomacy amid rising threats of war | US-Israel war on Iran News | Al Jazeera Germany Calls For Tough Penalties After Frankfurt Riots During Gen Z Protests | Outlook India Riots During Protests in Europe—New Blockades Planned Israel election: When will government be formed, who will lead it? Oil prices fall as Iran-U.S pursue diplomacy US Treasury Borrows Record $839 Billion in Auctions This Week - Bloomberg China Stocks Rise on Report of Regulator Market Support Meeting | Stock Market News The $6tln House of Cards - by Bob Elliott - Nonconsensus ECB chief Lagarde to step down early, triggering succession race Alphabet Soup: Where to now for Google shares? – The Armchair Trader EXCLUSIVE: Pentagon treating military base freezer malfunctions as suspected cyberattack, officials say | Reuters Passengers on never-ending cruise stranded by soaring fuel costs Zurich and Basel protests turn violent - SWI swissinfo.ch UBS boss Ermotti makes clearest Swiss exit threat - SWI swissinfo.ch Let him go,?..how can you random swiss folks !.. having had already huge tax payers supports during GFC..

Relative value asset management for global assets. PVM's Investment Matrix combines balance-sheet analysis with peer comparison to identify entry and exit points. Asset Management Using our unique relative value based Investment Matrix we build portfolios with superior analytical metrics, compared to mainstream equity indices. We currently have two different Portfolio offerings; firstly our classical Long only Global Equity model (suitable for all investors), and a Multi-Asset Class model, designed to generate additional alpha (suitable for Professional and Institutional clients only). We deliver discretionary portfolio management through individually segregated accounts held in your name. This flexible mandate empowers you to complement our core PVM Investment Matrix Portfolio by actively incorporating listed securities of your own selection. PVM Global Equity Long Strategy Type Long Global Equity Suitable for All Investors Focus Absolute return/low risk Minimum Investment 150k CHF 2025 Performance 2026 Performance (30. Sept) +21% +6.3% Performance since Jan 2016 +109% More PVM Global Multi-Asset Strategy Type Multi-Asset Class Suitable for Qualified Investors Focus Absolute return Minimum Investment 250k CHF 2025 Performance 2026 Performance (30. Sept) + 26% +13.4% Performance since July 2015 +194% More Our Investment Philosophy Investment Matrix Fundamental Design In 2015 we developed our dynamic Investment Matrix consisting of many fundamental variables, designed to identify value opportunities within Global Equities. Our Investment Matrix is constructed to identify and establish sustainable value. There are many reasons why that value may also not be sustainable, such as changing consumer sentiment or spending more on share buybacks than current cashflow permits, the PVM Investment Matrix reacts to these changes. Algorithmic Processes Systematic Throughout We utilise proprietary algorithmic screening, with a high degree of automation, to analyse the global equity universe, monitor our Clients' Portfolios, and identify new opportunities. Furthermore, we use algorithmic execution tools when buying and selling our clients' portfolios, where appropriate. Qualitative Rationale Deeper Understanding Driven by deep analysis of balance sheets and employing further levels of qualitative analysis, results in a thorough understanding of the companies we invest in. We consider factors, such as; the mix of Goodwill and Intangibles to Net Equity, tracking deviations from recognized Accounting Standards and taking a broader view of the global economic landscape. Robust Returns, less Risk Better Together The combination of quantitative systematic analysis, overlaid with qualitative reviews and active management within clearly defined parameters, results in an investment model which is both robust and not easy to replicate. Stable returns are achieved by taking less investment risk, at higher valuations. Investment Process "We believe that an uncompromising investment process is a key component in delivering consistent returns."

Meet the PVM team — 75+ years of combined professional experience in Swiss asset management and relative value investing. FAQs (/faq) MANAGEMENT TEAM Elke Balters Compliance Officer Qualified Lawyer Read More ProCloud AG Information Technology Provider Cloud Services and Cyber Security Read More SwissComply Compliance ICS Specialising in Finma Compliance Read More Alison Lazerwitz Non Executive Director Legal & strategy advisor Read More Stephan Collet Chief Executive Officer Expert in global macro and derivative products Read More Richard-Mark Dodds CIO & Chairman Detailed knowledge of fund management portfolio construction, accounting and treasury operations management. Read More