Citywire | In November, FV Global Bonds recorded its highest monthly inflows for at least four years. The strategy of asset manager Frankfurter Vermögen collected €6.6 million last month – since the beginning of the year, net inflows have totalled €11 million.
Frankfurter Allgemeine | Shortly before Christmas, the organisers and the main sponsor of the LIONS Charity Golf Tournament in Bad Homburg hand over the donations collected. A total of €4,000 will go to the Frankfurt railway station mission.
The article is in German
intelligent-investors | An interview with Uwe Eilers | Counting down the days until the turn of the year. 2024 was another challenging year. Generally a good year for the stock markets. Uwe Eilers, CEO of FV Frankfurter Vermögen AG, was available for an interview on market developments.
The interview is in German
DAS INVESTMENT | In this interview, Victoria Berggren, Senior Manager Private Clients, describes how young heirs look at their own assets and what makes a next-generation adviser.
Wealth management is facing a generational change: in the coming years, trillions of euros will be passed on to the next generation. But what makes the next generation of wealthy families tick? How do you deal with young people who suddenly inherit large sums of money? And how do you even reach them? Victoria Berggren has found an answer to these questions. She specifically looks after clients of her own generation for the fund boutique – and has had some surprising experiences in the process.
Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in a conversation with Peter Heinrich (Börsenradio) about the future President Donald Trump and the economic prospects during his presidency.
Donald Trump’s tax cut plans will initially boost the stock markets, but in the long term they could lead to a rise in national debt in the USA. Mr Eilers warns that sooner or later this will disappoint investors: ‘Because more bonds will then actually be thrown onto the market, interest rates will rise at the long end. Rising tariffs will also drive inflation straight up. In this scenario, I cannot imagine that equities will rise. On the contrary, they could fall significantly. Because interest rate hikes at both the short and long end are poison for equities, especially since companies would then have to refinance at significantly higher costs. – We are clearly underinvested in equities. At most half of the normal position, which we otherwise hold. And we also remain very, very cautious because most equities are still completely overpriced. In particular, large caps in the US and tech stocks overall. Therefore, we remain extremely cautious in our stance.’
Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in an interview with Peter Heinrich (Börsenradio) about the hurricane season and the ever-increasing bureaucracy.
The damage caused by the current hurricanes in the USA could amount to up to 200 billion US dollars, which could destroy up to 2% of total US economic output. Uwe Eilers sees this more as an economic programme for the USA. – There has been a surprisingly strong performance on the stock markets despite the difficult economic situation. Uwe Eilers explains that this strength is mainly driven by large technology and financial stocks, while other sectors such as automotive and hydrogen have plummeted. Investors seem to be ignoring the uncertainties caused by massive liquidity on the markets. – Eilers sees the cause of the recession as the result of excessive bureaucracy, which has blocked investments and authorisation procedures for years.
The radio programme is in German
Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in an interview with Peter Heinrich (Börsenradio) with the question: What will happen on the stock market if Trump vs. Harris wins the election?
Donald Trump is known to us as President, while Vice President Kamala Harris could become the first woman to hold the highest political office in the USA. Harris studied law and was head of the Californian criminal prosecution authority with the duties of an attorney general. She was also a Senator for California in the US Senate. Uwe Eilers: ‘… This means that even any further tax cuts that might come would, in my opinion, no longer be positive for the stock market or the stock exchanges. This means that overall, I see black for both the bond markets and the stock markets. I can well imagine that we could easily plummet by 30% if this is implemented in the way he envisages.’
The radio programme is in German
DAS INVESTMENT | Author: Jürgen Brückner | Following weak labour market data in the USA, investors are increasingly unsettled and fear a recession. However, the fate of the American economy will be decided more by consumer behaviour, says Jürgen Brückner, portfolio manager at FV Frankfurter Vermögen.
Citywire | Frankfurter Vermögen is delighted to be named by Citywire and proudly takes 4th place with its bond fund, FV Global Bonds.
Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in conversation with Andreas Groß
“This isn’t an election campaign, it’s an election frenzy,’ says Mr Eilers about the presidential election in the USA. ‘Two old men are running for the highest office in the land.’ The stock market remains relatively calm. ‘Trump talks about dictatorship, but what if he loses, will he call on his supporters to start a civil war?’ The election in France is also relevant for the stock markets, even if the right did not win. ‘The positions of the left are not good for the industry either. And if debts rise and interest rates remain high, there is a rapid risk of a sovereign debt crisis. We are continuing to focus on second-tier digital transformation companies and on hydrogen, even if neither of these topics has taken off yet. These are strategic and long-term decisions. The kind of hype surrounding AI like Nvidia harbours the potential for disappointment and can be over very quickly”
The radio programme is in German