Arbion Observations, Halftime - July 2025
In the latest Halftime edition of Observations, Arbion’s Chief Investment Officer, Marco Pabst, reflects on the first half of 2025, highlighting how markets have largely shrugged off headline-driven volatility to deliver strong gains. World equities rose over 9%, led by standout performances in cyclical economies like South Korea and Germany. A sharp rally from April to June propelled indices such as the NASDAQ and MSCI World to new all-time highs, despite ongoing macro jitters and softening global growth forecasts.
While earnings expectations are moderating and the dollar has seen its weakest start to the year since 1973, Pabst cautions that both US equities and the USD appear stretched in opposite directions, suggesting a tactical opportunity to hedge risk assets over the quieter summer months. Amid a backdrop of monetary policy divergence and extended safe-haven trades in gold and Bitcoin, Arbion’s view remains constructive but tactically measured.
Download and read the full observation here.
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In the latest Halftime edition of Observations, Arbion’s Chief Investment Officer, Marco Pabst, reflects on the first half of 2025, highlighting how markets have largely shrugged off headline-driven volatility to deliver strong gains. World equities rose over 9%, led by standout performances in cyclical economies like South Korea and Germany. A sharp rally from April to June propelled indices such as the NASDAQ and MSCI World to new all-time highs, despite ongoing macro jitters and softening global growth forecasts.
While earnings expectations are moderating and the dollar has seen its weakest start to the year since 1973, Pabst cautions that both US equities and the USD appear stretched in opposite directions, suggesting a tactical opportunity to hedge risk assets over the quieter summer months. Amid a backdrop of monetary policy divergence and extended safe-haven trades in gold and Bitcoin, Arbion’s view remains constructive but tactically measured.
Download and read the full observation here.
Read →
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External Insights
View all insightsArbion's COO and General Counsel, Kirin Ohbi, named as 2023 PAM NextGen Leader
Arbion's Head of Fixed Income rates and Co-Head of Multi-Asset, Robert Lee, named as 2023 PAM NextGen Leader
Arbion Investor interview with Marco Pabst. Featured in Market Sentiment.
Arbion bolsters private capital division with hire of ACPI veteran. Citywire reports.
Arbion hires heavyweight to oversee business strategy. Citywire reports.
Exclusive: Arbion taps senior private banker as investment boss - Citywire Reports
Arbion News
View all newsRobert Lee Named to Investment Week’s 2025 Leaders List for Excellence in Multi-Asset & Fixed Income
Arbion Wins Prestigious PAM Award for Challenger Asset Manager 2025
IFSL Arbion Sovereign Opportunities Fund achieves Trustnet top-quartile ranking in 2022, 2023 and 2024
Arbion wins the HFM European Performance Award 2024 for Fund of Hedge Funds
Arbion wins at the WealthBriefing Awards 2024
Sovereign Fund Awarded ‘5 Star Rating’ by Morningstar
HFM European Performance Award 2022 for Fund of hedge funds long-term performance Winner
Sovereign Fund Awarded 'Five Crown-Rating' by FE FundInfo
Announcement of appointment of Matthew Barnes, Head of Credit and Co-head of Fixed Income
Announcement of appointment of Dotan Lieberman as Partner and Shareholder
Announcement of appointment of Luigi F V Bellini as shareholder as well as head of our Private Capital and Family Board Services division
Announcement of key hire and Partner, Alisevket Karaca
Announcement of appointment of Marco Pabst as Chief Investment Officer
