AXA IM Select Updates

Uncertainty continues in the short term, as oil prices remain volatile and the tech sector sees changes in market leadership. We look towards a broadening of earnings, along with a boost from the AI revolution, outlining adjustments to our asset allocation. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Investment Specialist. This podcast is intended for profe...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Zwei Kräfte scheinen die Märkte derzeit zu prägen: Anleger versuchen, das Risiko des anhaltenden Konflikts im Nahen Osten gegen die Chancen durch KI abzuwägen. Wir beleuchten, wie sich diese Divergenz in den Volkswirtschaften, beim Gewinnwachstum und in der Geldpolitik niederschlägt. Präsentiert von David Schroeder, Head of Distribution A...

This podcast is in Italian./ Questo podcast è in italiano. Sembrerebbe che vi siano due temi che guidano i mercati, gli investitori che cercano di bilanciare il rischio legato al conflitto in corso in Medio Oriente con le opportunità derivanti dal tema dell’IA. Analizziamo come questa divergenza si rifletta sulle economie, sulla crescita degli utili e sulla politica monetaria e spieghiamo come abb...

Two forces appear to drive markets, as investors try to balance the risk from the ongoing Middle East conflict with the opportunity from AI. We look at how this divergence is playing out in economies, earnings growth and monetary policy, and outline how we have positioned our portfolios for this environment. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lauren Thys, Head...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Zum Zeitpunkt der Aufnahme rückt eine Lösung des Konflikts im Nahen Osten näher, während die Ergebnisse für das erste Quartal überzeugend ausgefallen sind. Wir blicken auf eine mögliche Deeskalation und auf steigende Unternehmensgewinne durch die KI-Revolution. Präsentiert von David Schroeder, Head of Distribution AXA IM Select Germany, B...

This podcast is in Italian./ Questo podcast è in italiano. Sebbene una piena risoluzione del conflitto in Medio Oriente resti incerta, i risultati del primo trimestre si sono rivelati solidi. Guardiamo a una possibile de-escalation e a un impulso agli utili derivante dalla rivoluzione dell’IA. Presentato dal Alessandro Tentori, Chief Investment Officer e Giorgio Civalleri, Senior Relationship Mana...

A resolution to the Middle East conflict looks closer, at the time of recording, and Q1 earnings reports have come in strongly. We look towards de-escalation and a boost to earnings from the AI revolution, outlining adjustments to our asset allocation. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Investment Specialist. This podcast is intended for profession...

This podcast is in Italian./ Questo podcast è in italiano. Una possibile risoluzione futura del conflitto in Medio Oriente rimane ancora estremamente incerta. Al momento della registrazione, lo Stretto di Hormuz — snodo cruciale per circa un quinto dell’offerta globale di petrolio — è sotto blocco statunitense. Analizziamo come gli investitori possano orientarsi in questo contesto di incertezza e...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Eine mögliche künftige Lösung des Konflikts im Nahen Osten ist weiterhin äußerst unklar. Zum Zeitpunkt der Aufnahme steht die Straße von Hormus – ein entscheidender Engpass, über den rund ein Fünftel des weltweiten Ölangebots transportiert wird – unter US-Blockade. Wir beleuchten, wie Anlegerinnen und Anleger dieses unsichere Umfeld navig...

Any future resolution to the Middle East conflict is still highly unclear. At the time of recording, the Strait of Hormuz, critical channel for a fifth of global oil supply, is under US blockade. We look at how investors can navigate this environment of uncertainty, and at the assets we believe can protect portfolios during this bout of volatility. Presented by Seamus Lyons, CIO of BNP Paribas Ass...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Der anhaltende Konflikt im Iran sorgt bei Investoren für erhebliche Unsicherheit und löst volatile Reaktionen an den Märkten aus. Wir analysieren, wie Anleger in diesem Umfeld handlungsfähig bleiben können – und welche Anlageklassen aus unserer Sicht Portfolios vor den aktuellen Turbulenzen schützen. Präsentiert von David Schroeder, Head...

This podcast is in Italian./ Questo podcast è in italiano. Il conflitto in corso in Iran ha generato grande incertezza tra gli investitori, con reazioni volatili sui mercati. Analizziamo come gli investitori possano orientarsi in questo contesto e quali asset riteniamo in grado di proteggere i portafogli dalle turbolenze attuali. Presentato dal Alessandro Tentori, Chief Investment Officer e Giorgi...

The ongoing conflict in Iran has caused major uncertainty for investors, and led to significant market volatility. We look at how investors can navigate this environment, and the assets we believe can protect portfolios during the turmoil. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lauren Thys, Head Of Product and Marketing Content. This podcast is intended for profess...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Europäische Politik und Inflation prägen weiterhin die Märkte. Im ersten Teil unserer Serie für 2026 werfen wir einen lockeren Blick auf die Lage rund um die EU-Zinsen und die Inflation, reden darüber, warum Aktien weiterhin ins Portfolio gehören, und klären, weshalb Diversifikation nach wie vor wichtig ist. Präsentiert von David Schroede...

After an increasingly challenging year for Jerome Powell as Fed chair, his successor has now been nominated. We look at what Kevin Warsh will bring to the position as head of the world’s leading central bank, the likely impact on investment assets and why diversification remains important. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Investment Specialist. T...

Geopolitical stories have created dramatic headlines so far in 2026, with some commentators suggesting fundamental changes to the world order. We look at the macroeconomic backdrop for the year, as well as prospects for a broadening of corporate earnings growth, before reviewing our asset allocation position. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Inve...

Markets have performed well in 2025, boosted by 5 key themes, including enthusiasm for AI investment and supportive policy action. We look at how this benign backdrop might roll on through 2026. And how these key market themes will play into our tactical asset allocation. Presented by Rémi Lambert, Chief Investment Officer for AXA IM Select and Aymeric Forest CFA, Head of Investment Strategy. Host...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Die Aktienmärkte sind nach einer kräftigen, von der Dynamik angetriebenen Rally ins Straucheln geraten. Bewertungen erscheinen überzogen, was bedeutet, dass das Gewinnwachstum weiterhin kritische Bedeutung hat. Heute erörtern wir die Blasenfrage und die Widerstandsfähigkeit der US-Wirtschaft, und wir überprüfen unsere jüngste Asset-Alloka...

Equity markets have stumbled after a strong momentum driven rally. Valuations appear stretched, meaning earnings growth remains critical. Today we discuss the bubble question, the resilience of the US economy, and review our latest asset allocation. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Investment Specialist. This podcast is intended for professional...

So-called FOMO or the ‘fear of missing out’ has propelled a rally in markets, ever since the adjustment to a higher level of US trade tariffs. Today we look at what is behind this rally, beyond a good deal of momentum, and outline our latest asset allocation response. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Investment Specialist. This podcast is intende...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Die sogenannte FOMO oder „Angst, etwas zu verpassen“ hat seit der Anpassung an höhere US-Handelszölle zu einer Rally an den Märkten geführt. Heute schauen wir uns an, was, abgesehen von einer erheblichen Dynamik, hinter dieser Rally steckt, und erläutern unsere jüngste Reaktion in puncto Asset Allocation. Präsentiert von David A. Schroede...

The trade war has a winner, and it is the US. Today we look at how the US economy stands to benefit from trade tariffs, against a backdrop of Trump’s assault on Fed independence. We also take look at whether earnings growth can keep up with equity valuations, and outline our latest asset allocation response. Presented by Aymeric Forest CFA, Head of Investment Strategy. Hosted by Lorna Denny, Inves...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Der Handelskrieg hat einen Gewinner, und das sind die USA. Heute schauen wir uns an, wie die US-Wirtschaft vor dem Hintergrund von Trumps Angriff auf die Unabhängigkeit der Fed von Handelszöllen profitieren wird. Wir betrachten zudem, ob das Gewinnwachstum mit den Aktienbewertungen Schritt halten kann, und skizzieren unsere jüngste Reakti...

This podcast is in German./ Dieser Podcast ist auf Deutsch. Die USA haben damit gedroht, ab dem nächsten Monat wieder höhere Zölle zu erheben. Aber sind die Märkte wirklich davon überzeugt? Die US-Notenbank bleibt abwartend und wartet auf einen klareren Ausblick auf Inflation und Wachstum. Wir wollen heute auf die neuesten Informationen zu den Handelszöllen und die Reaktion der Fed eingehen. Präse...

The US has threatened a return to higher tariff levels next month. But do markets really believe it? The US Fed remains in wait and see mode, looking for a clearer view on inflation and growth. Today we will catch up on the trade tariff latest, as well as the Fed’s response. We will also look at how equity valuations play into our tactical asset allocation. Presented by Aymeric Forest CFA, Head of...