The monthly asset allocation update reveals a marked downward trend, particularly in Swiss and European equities, prompting a major clean-up in portfolios. Faced with this instability, new investment strategies, particularly in Swiss real estate and equities, should be considered to optimize returns in times of volatility.

Tactical asset allocation reveals an unfavourable trend in the Swiss market, with the SPI index losing against its US counterpart, the S&P. While Japanese equities stand out as a strong investment opportunity, it is crucial to navigate cautiously in an environment marked by the overvaluation of long bonds.