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Investment Commentary July 2014

Every quarter, Didier Saint Georges’ commentary on our markets views and investment update.


la Lettre d'Edouard Carmignac


MIFID: Edouard Carmignac commitment

"Dear Sir,

The road to hell is paved with good intentions. The Markets in Financial Instruments Directive (MiFID) set high transparency standards"  


Carmignac's note

Carmignac's Note #72

During the crisis, central banks throughout the developed world were able to assume and even go beyond their responsibilities in taking over the role vacated by over-indebted governments as masters of countries’ economic fate.


Carmignac's note

Carmignac's Note #71

Without getting into deep political analysis, it is fair to say that any European investor contemplating the European equity markets’ rally of more than 50% over the last two years must consider the economic significance of the election results on 25 May

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