Current Market Outlook: Pfäffikon SZ – Yesterday, the Nasdaq closed for the first time in 13 years above 4’000 points, another milestone. U.S. investors are not disturbed by Europe, which closed lower mainly due to political uncertainties yesterday. We expect that Europe and Asia will shortly follow the U.S. in its recent upwards market movement. […]
Weekly Market Outlook: Pfäffikon SZ – Thursday, the U.S. is celebrating Thanksgiving, followed by the buying festival Black Friday. The sales during these days are used as an indicator of the most important economy in the world. Next week is often a positive stock market week, even though it is a short week in the U.S.. […]
NAV November: + 0.23% NAV Since Inception: + 8.52% Value Participation: 108.52% Pfäffikon SZ – On November 23, 2013, the Net Asset Value (NAV) of Thirteen Diversified Fund is 108.52%. This NAV is calculated by Thirteen Asset Management AG on a weekly basis. The NAV of Thirteen Diversified Fund is also calculated by CACEIS Bank Luxembourg […]
Current Market Outlook: Pfäffikon SZ – Yesterday, the Dow Jones closed for the first time above 16’000 points, a milestone. Wednesday, the U.S. equity markets still dived in the red after the publication of the meeting minutes of the Federal Reserve. For more than two weeks the markets moved sideways. Growth in Europe appears to […]