Edmond de Rothschild AM: Conflict in Ukraine – 3 Scenarios

Michaël Nizard, Head of Multi-Asset Overlay, and Delphine Arnaud, Fund Manager Multi-Asset Overlay, have drawn up, with the team, three scenarios for the resolution of this conflict. All of them result in higher inflationary pressure, but with varying levels of risk of a deceleration in growth depending on the duration of the conflict.