Over the last century, women have acquired the right to vote in almost every country, have entered the job market and political bodies, and have gained their independence, particularly financial. Equal rights have thus been achieved in society.
“Despite its historically high price, we believe that gold remains a safe haven and a good diversification tool at a time of high geopolitical tensions and excessive government debt.”
Global equities delivered strong performance this year on the back of resilient economic activity in the US and Europe. Some sectors such as technology outperformed the broader markets led by artificial intelligence-driven exuberance in the US. We are now witnessing signs of a broadening of this rally to other areas such as small caps, financials, that have lagged behind.