Daniel Pfund, Senior Financial Analyst
The Swiss equity market is at its highest level ever. Indeed, the SMI and SPI indices have never reached such peaks, performing much better this year than their European or even global counterparts.
It is political stability, combined with the status of a safe haven that appeals to investors. In these uncertain times of trade wars, the defensive values of the Swiss stocks have everything to please. What’s more, securities that distribute predictable dividends such as Nestlé, Novartis and Roche are clearly in demand by investors as attractive alternatives to bonds.