The scenario that many people, including us, considered unlikely has unfortunately become reality as of yesterday. The invasion of the Ukraine by Russian troops represents a turning point for Europe. Europe is now facing the biggest aggression of military and soldiers since the Second World War. Why it had to come so far and could not be prevented is not part of our analysis and also not our task. We are now trying to classify this invasion within a geopolitical and investment context and to derive alternative courses of action for ourselves.
Read more in the “News Flash: Ukraine conflict and impact on our investment policy“.