Insights & News - EFGAM New Capital

Macro

March PMIs: scent of stagflation

March business surveys show a deterioration in growth and sharp price increases. They also highlight how the US has so far been less affected than other economic areas. In this Macro Flash Note, senior economist GianLuigi Mandruzzato notes how the data points to an increased risk of stagflation.

01 aprile 2026
Read time: 4 mins

Podcast

Inflation fears, rate expectations and chair changes: Takeaways from the Fed meeting

Conflict in the Middle East, volatile energy prices and the state of its independence made for an interesting backdrop for the Federal Reserve meeting, even if it did not deliver any policy changes. Deputy CIO Daniel Murray is joined by EFG’s Chief Economist, Stefan Gerlach, in this short update episode to unpack the Fed’s latest meeting and inflation expectations. In addition, Stefan outlines the common challenges facing major central banks globally as they try to avoid a repeat of the 2021–22 inflation surge while navigating extreme uncertainty.

20 marzo 2026

Podcast

The memory supercycle and what it means for Asia Pacific equities

From South Korea’s memory leaders to Taiwan’s artificial intelligence supply chain, we explore what’s really behind recent market moves in the Asia Pacific region. EFG portfolio manager Chris Chan discusses how the AI hardware cycle, shifting geopolitical risks as well as China’s two speed economy are shaping equity markets.

06 marzo 2026

Podcast

Brazil on the rise: what to know in 2026

The Brazilian equity market had a strong 2025 and momentum has so far carried over, but can it continue? Tiago Berriel, chief strategist at BTG Pactual joins us on the podcast to unpack what has driven Latin America’s largest economy and what lies ahead. Real rates, trade relations, election considerations and why Tiago is more positive on the economy than the Brazilian soccer team come in to focus.

18 febbraio 2026

Macro

A degree of caution after a strong start to the year

Welcome to the February edition of InView: Monthly Global House View. In this publication we consider significant developments in the world’s markets, and discuss our key convictions and themes for the coming months.

04 febbraio 2026
Read time: 10 mins

Podcast

The AI bubble and new frontiers in tech

Dominic Jacobson, Senior Equity Analyst in EFG Asset Management’s US Growth Equity team unpacks whether tech bubble fears are misplaced, and why compute power and energy availability may in fact be keeping excess in check. Also featured are geopolitical competition, open-source versus closed-source models and what could be the next big untapped opportunity in tech.

03 febbraio 2026

Mid-Year Outlook 2026