Investment policy
| de | fr | it | en | |
|---|---|---|---|---|
| May 2012: Worsening economic indicators for the euro area and the difficult situation in Spain require a more cautious position. |  | | | |
| Avril 2012: The turnaround in interest rates is not far off. Equities remain overweighted. | | | | |
| March 2012: Let equity prices run | | | | |
| February 2012: Slight overweight in equities to be retained | | | | |
| January 2012: Heading into the stock market year 2012 with a slight overweight in equities | | | |