BNP Paribas Wealth Management

In this podcast, Edmund Shing, Global Chief Investment Officer, discusses our investment strategy for July 2026. Oil prices rose from $70 per barrel to peak at nearly $120 in May. Recently, they have collapsed back down to nearly $70. What impact could this have on growth, inflation, and stocks and bonds if this level is maintained? We are well into the fourth year of the current stock bull market...

Dans ce podcast, Edmund Shing, Global Chief Investment Officer, discute de notre stratégie d'investissement pour juillet 2026. Les prix du pétrole sont récemment retombés autour des 70 dollars. Un aller-retour. Quel impact durable cette baisse aura au niveau macroéconomique ? Après la récente une hausse des taux directeurs de la BCE, est-ce que vous anticipez d'ici la fin de l'année une hausse des...

In this podcast, Edmund Shing, Global Chief Investment Officer, examines whether the rapid rise of Artificial Intelligence represents the beginning of a long-term technology revolution or the emergence of an investment bubble, discussing how investors can position their portfolios to benefit from the AI megatrend while maintaining adequate diversification.   Is artificial intelligence set to trans...

Hiba Mouallem (Investment Strategist)et Sophie de La Chapelle (Global Head of Strategic Asset Allocation) abordent toutes les clés pour une allocation d'actifs optimale. Comment l’allocation stratégique d’actifs peut-elle optimiser votre parcours financier à long terme tout en s’alignant sur votre tolérance au risque et vos objectifs ? Pourquoi une véritable diversification nécessite-t-elle d’équi...

In this podcast, Edmund Shing, Global Chief Investment Officer, and Guy Ertz, Deputy CIO, discuss the implications of the first FOMC meeting under Kevin Warsh for monetary policy and bond markets. A shift towards a more hawkish Fed stance, with policymakers now considering rate hikes instead of cuts, alongside changes in Fed communication such as reduced forward guidance. An uncertain rate outlook...

Dans ce podcast, Edmund Shing, Global Chief Investment Office, discute de notre stratégie d'investissement pour juin 2026. La trajectoire des valeurs liées au matériel informatique peut-elle se prolonger ? Le risque de correction est-il désormais sous-estimé par les marchés ? Quel équilibre se dessine pour les hyperscalers et plus largement pour l’écosystèmes tech ? Quelle stratégie adopter pour l...

In this podcast, Edmund Shing, Global Chief Investment Officer discusses our investment strategy for June 2026. Can this almost parabolic move in IT hardware companies continue? How high is the risk of a market correction? What implications for the Hyperscalers and for the broader tech sector after Google recently announced a USD 80bn stock offering to fund AI investment plans? What should investo...

In today’s podcast, Edmund Shing, Global Chief Investment Officer, discusses the technology sector and gives some investment ideas.     What factors have fuelled the Nasdaq’s stunning 21% YTD performance?    How are S&P500 ex-technology stocks faring?  Which regional markets are outperforming US tech?  A few investment ideas  Hosted on Ausha. See ausha.co/privacy-policy for more information.

In this podcast, Edmund discusses how oil-driven inflation and geopolitical risks are reshaping bond markets and creating opportunities for investors. Oil prices surge due to Strait of Hormuz closure and conflict impacts Inflation rises globally, with CPI and PPI readings in the US exceeding expectations Bond yields climb as real yields increase, pressuring equity markets Bonds offer attractive yi...

Dans ce podcast, Edmund Shing, Global Chief Investment Officer, discute de notre stratégie d'investissement pour mai 2026. Pourquoi les marchés actions sont-ils revenus sur leurs plus hauts alors que les prix du pétrole restent aussi élevés ? Quelle est l'ampleur réelle de la destruction de la demande pétrolière et quel impact pour l'économie mondiale ? Dans un contexte de folie autour de l'intell...

In this podcast, Edmund Shing, Global Chief Investment Officer, discusses our investment strategy for May 2026. Why are stocks back at their highs while oil prices remain elevated? How bad is oil demand destruction, Edmund, and how is this impacting the global economy? Amidst AI investment euphoria, how can we participate in the AI theme? Will we see higher central bank interest rates soon? What a...

Dans ce podcast, Hiba Mouallem, Investment Strategist, partage sa vision à long terme des matières premières.   Pourquoi les matières premières restent-elles une classe d'actifs singulière ? Pourquoi les matières premières ne sont-elles pas un investissement à long terme de type "buy and hold" ? Les moteurs des supercycles des matières premières Quatre événements ayant soutenu la tendance haussièr...

In this podcast, Edmund Shing, Global Chief Investment Officer, shares his long view of commodities.   Why do commodities remain a very attractive asset class?  Why are commodities not a long-term buy and hold investment?  Drivers of the commodity supercycles   Four events that have supported the current uptrend  Which commodities offer further upside potential, and why?    Hosted on Ausha. See au...

Guy Ertz, Deputy Global CIO, et Hiba Mouallem, investment strategist chez BNP Paribas Wealth Management, reviennent sur le risque de stagflation, exacerbé par la guerre en Iran.   Qu’est-ce que la stagflation, et pourquoi constitue-t-elle un risque ? Notre scénario central pour la croissance et l’inflation Comment les gouvernements peuvent-ils maîtriser l’augmentation de la dette publique sans sac...

In this podcast, Guy Ertz, Deputy Global Chief Investment Officer, and Hiba Mouallem, Investment Strategist, discuss stagflation, the primary risk associated with the Iran War.   What is stagflation and why is it a risk today? Our base-case scenario for growth and inflation How can governments stem the rise in public debt without jeopardising growth? Hosted on Ausha. See ausha.co/privacy-policy fo...

In the uncertain geopolitical context, Edmund Shing, Global Chief Investment Officer, answers three questions submitted by clients.      Has the German sovereign bond yield peaked? Is now a buying opportunity?  Is the evaporation of the Tech valuation premium, leading to multi-year lows, a good entry point today?  What is the impact of disruptions in oil products, aluminium, or helium on corporate...

Dans le contexte géopolitique incertain, Isabelle Enos, Responsable Stratégie Marchés chez BNP Paribas Banque Privée France, répond à trois questions fréquemment posées par nos clients.   Le rendement de l'obligation d'État allemande (Bund allemand) a-t-il atteint un pic ? Est-ce maintenant une opportunité d'achat?  Les niveaux de valorisation du secteur technologique sont‑ils redevenus attractifs...

Dans ce podcast, Isabelle Enos, Responsable Stratégie Marchés chez BNP Paribas Banque Privée France, répond aux différentes questions des clients après l'annonce du cessez-le-feu. Croyez-vous que les marchés pétroliers sous-estiment les effets à long terme de la perturbation de l'approvisionnement qui a eu lieu jusque-là ? Devons-nous penser au-delà d'une allocation d'actifs 60/40 entre les action...

In this podcast, Edmund Shing, Global Chief Investment Officer, answers several topical questions from clients. Do oil markets underestimate longer-term effects of supply disruption? Are stock & bond markets more correlated during crises, and if so, what does mean for the 60-40 stock-bond asset allocation portfolio? Will current high oil & gas prices drive increased demand for renewable en...

Dans ce podcast, Patrick Casselman, Commodity Strategist chez BNP Paribas Wealth Management, analyse la récente correction sur les marchés des métaux précieux, en se concentrant tout particulièrement sur l'or et ses perspectives à long terme. Les prix des métaux précieux ont récemment connu une correction importante, reflétant l'évolution des conditions de marché. Cette correction a été principale...

In this podcast, Edmund Shing, Global Chief Investment Officer and Philipp Gijsels, Chief Investment Strategist, discuss the recent correction in precious metals markets, with a particular focus on gold and its long‑term outlook. Precious metals prices have recently experienced a significant correction, reflecting changing market conditions. This correction has been driven mainly by higher interes...

In this podcast,Edmund Shing, Global Chief Investment Officer, examines the value stock resurgence: their strong comeback against growth stocks, driven by geopolitical tensions and inflation. The “Value factor” defined Performance of Value vs. Growth stocks What has triggered the comeback of Value stocks? To invest in Value, which regions and sectors are attractive today? Hosted on Ausha. See aush...

In this podcast, Edmund Shing, Global Chief Investment Officer, and Jeremy Fasquelle discuss our investment strategy for March 2026. Following a 2025 marked by sharp sectoral performance divergence, AI continues to reshape investment trends, creating clear winners (semiconductors, energy infrastructure) and struggling sectors (software, insurance). Yet, despite these contrasts, investors are strug...

Dans ce podcast, Edmund Shing, Global Chief Investment Officer, et Jeremy Fasquelle discutent de notre stratégie d'investissement pour mars 2026. Après une année 2025 marquée par une forte dispersion des performances sectorielles, l’IA continue de redessiner les tendances d’investissement, créant des gagnants clairs (semi-conducteurs, infrastructures énergétiques) et des secteurs en difficulté (lo...

In this podcast, Hiba Mouallem, Investment Strategist, and Stephan Kemper, Chief Investment Strategist in Germany, explore Latin America’s economic and political shifts, growth drivers and investment opportunities. Latin America benefits from strong US growth, high commodity prices and a weaker dollar. Political shifts towards market-friendly policies in Argentina, Chile, and upcoming elections in...