09.04.2024 –

•  Interest rates rise at the long end – FED will probably cut less and later
  
• SNB starts rate cuts – which central bank will follow next?
  
• Robust stock markets – but tech stocks are losing momentum
  
• Stock picking was the order of the day – not all sectors continue to perform well
  
• Belvoir Global Allocation II Universal Fund returned +0.6 % in March and is up +5.3 % YTD

Read more about the Belvoir Global Allocation II Universal Fund in the Monthly Update, written by the fund manager Steffen Bauke.