Insights

Our latest publications

Carmignac's Note • July 21, 2025 • English

Are the “Magnificent Seven” trees causing us to miss the forest of global equities?

The main stock-market indices are soaring to record highs despite the uncertain economic climate. Yet beyond the risk of euphoria, the fundamentals remain solid – and some regions could deliver favourable surprises.

2 minute(s) read

Patrimoine Strategy • July 18, 2025 • English

Carmignac Patrimoine: Letter from the Fund Managers - Q2 2025

4 minute(s) read

Thematic equities • July 17, 2025 • English

Carmignac Portfolio Tech Solutions: A Fund that represents a long-term conviction

3 minute(s) read

Thematic equities • July 17, 2025 • English

Carmignac Portfolio Tech Solutions: Letter from the Fund Manager - Q2 2025

2 minute(s) read

Fixed Income Strategy • July 16, 2025 • English

Has the moment for credit passed?

3 minute(s) read

Our views

Emerging equities • July 1, 2025 • English

Trump 2.0: Make Emerging Markets great again

The re-election of Donald Trump has given investors globally a wake-up call, and it is making EM great again.

5 minute(s) read

Private Assets

Managing the J-Curve of Private Markets – one of the advantages of semi-liquid structures

Private Assets

The secondary market: A fertile hunting ground for the value-focused investor

Market Analysis

Carmignac - Outlook for the second semester of 2025

Carmignac's Note

Carmignac's Note • July 21, 2025 • English

Are the “Magnificent Seven” trees causing us to miss the forest of global equities?

The main stock-market indices are soaring to record highs despite the uncertain economic climate. Yet beyond the risk of euphoria, the fundamentals remain solid – and some regions could deliver favourable surprises.

2 minute(s) read

Carmignac's Note

The German tiger reawakens, ushering in a new financial and economic era

Carmignac's Note

Donald Trump Makes the Rest of the World Great Again

Carmignac's Note

Artificial Intelligence in transition

Strategies insights

Patrimoine Strategy • July 18, 2025 • English

Carmignac Patrimoine: Letter from the Fund Managers - Q2 2025

Find out our views and positioning on the Fund for the second quarter of 2025.

4 minute(s) read

Thematic equities

Carmignac Portfolio Tech Solutions: A Fund that represents a long-term conviction

Thematic equities

Carmignac Portfolio Tech Solutions: Letter from the Fund Manager - Q2 2025

Fixed Income Strategy

Has the moment for credit passed?

[Management Team] [Author] Carmignac Edouard

Edouard Carmignac's letter

Edouard Carmignac writes on current economic, political and social issues each quarter.

Edouard Carmignac's Letter

July 2025

More than often, History’s careful reading can help with foreshadowing. Alarming and painful as it might sound, there is a hopeful silver lining to the conflict escalation in the Middle East.

Last edition: July 2025