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	Investment strategy

	2009 - What moved us ! 2008 - What moved us ! 2007 - What moved us ! 2006 - What moved us ! 2005 - What moved us !



	Investment news

	Euro crisis stirs up fears of a new economic collapse Escape from a major depression (June 2009) European Central Bank as a inflation driver (June 2008) Inflation and Inflations protection (March 2008) An overdue correction on the credit markets (September 2007) Structured equity products in 2006 (January 2007) Structured interest rate linked products in 2006 (January 2007) Fear of stagflation (June 2006) Stock markets with continued potential for higher valuation July 2005 The Dollar on the slippery slope December 2004 Portfolio management - lessons from the stock-market crisis June 2003 Hedge funds - a promising alternative to traditional investments December 2002 Structured products - investment alternative in unsettled market circumstances June 2002 Ways out of the interest-rate trap: structured interest-bearing products April 2002

Investment strategy