Portfolio April 2026

The blockade of the Strait of Hormuz continues. The conflict with Iran is dragging on. The result is growing worries about growth. Nevertheless, equity investments retain a high weighting in the portfolio – even on a tactical basis. We see opportunities in US equities and Swiss yield stocks. What matters is being selective.

In the latest edition of our Portfolio publication, Alex Müller, Chief Investment Officer, analyses the current geopolitical landscape and highlights the opportunities available to investors despite this challenging environment.