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Market commentary 3rd quarter 2025

Geopolitical uncertainties and declining central bank interest rates

Geopolitical tensions remain high – in the Middle East, Ukraine, and in trade disputes. At the same time, the SNB has lowered interest rates to zero. As a result, there are no longer any secure returns over reasonable maturities. Swiss dividend stocks present themselves as an attractive investment option.

Dr. Matthias Ramser discusses in the video with Marc Strub why we consider Swiss dividend stocks to be particularly attractive in the current environment.

Brief market commentary

Extended market commentary

Market commentary slides (used in the video)

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