Blog for Institutional Investors Market View 28.03.2023

Current economic and financial market outlook

Asset Management March 28, 2023
Investor focus on bank turbulence
The most important in brief
  • The collapse of three US banks ((Silicon Valley Bank, Signature Bank und Silvergate) at the beginning of March triggered panic among investors, which made waves around the world.
  • Investors sold risky assets and fled to safe havens such as government bonds and gold.
  • In this environment, Credit Suisse suffered a massive loss in confidence among its investors and clients which led to its takeover by UBS.
  • Central banks showed determination and, despite turbulence in the banking sector, raised their key interest rates to fight high inflation.

You can read about how we are positioning ourselves in this challenging environment in the current Baloise Market View.

Download Baloise Market View 28.03.2023 pdf - 413 KB
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