Currency Management gewinnt neues Mandat in Japan

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The figures on which the company valuations are based are date-specific estimates and thus carry inherent risks. They may be adjusted at any time without prior notice. 

Irrespective of the valuation principles and methods used and the assumptions on which they are based, there is always a risk that a particular price target is not achieved or that the assumptions and forecasts prove inaccurate. This can, for instance, be the result of unexpected changes in demand, management, technology, economic or political developments, interest rates, costs, the competitive situation, the legal situation and other factors. Investments in foreign markets and instruments are subject to additional risks, as a result of changes in exchange rates or in the economic, political or social situation, for instance. This outline of risks makes no claim to be exhaustive.

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The categories for investment recommendations in research publications by Metzler have the following meanings:

• Shares
  • BUY: The price of the analysed financial instrument is expected to rise in the next 12 months.
  • HOLD: The price of the analysed financial instrument is expected to largely remain stable in the next 12 months. 
  • SELL: The price of the analysed financial instrument is expected to fall in the next 12 months.
• Bonds
  • BUY: The analysed financial instrument is expected to perform better than similar financial instruments.
  • HOLD: The analysed financial instrument is not expected to perform significantly better or worse than similar financial instruments.
  • SELL: The analysed financial instrument is expected to perform worse than similar financial instruments.

Summary of investment recommendations

A list of all investment recommendations for each financial instrument or issuer published by Metzler in the past twelve months can be found at recommendation overview. 

The quarterly quotation of the number of all investment recommendations given as “buy”, “hold”, “sell” or similar for the past 12 months as a proportion of the total number of investment recommendations made by Metzler and the quotation of the proportion of these categories relating to issuers to whom Metzler has provided services within the meaning of Annex I sections A and B of Regulation 2014/65/EU within the past 12 months can be accessed and downloaded at rating distribution.

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Prices

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