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Inspiration521

Castle
17 Jul 2026
3 min read
Investment IdeaVolvo Cars: Revenue fell. The Underlying Business Is Holding.

Volvo Cars manufacture premium vehicles and sells them across Europe, China and the United States. The company is currently undergoing one of the most significant product transitions in its history. It is swapping a line-up built around combustion engines and plug-in hybrids for a fully electric future, and the Q2 2026 report lands right at the hinge point of that shift. How a company navigates a transition quarter, when old volumes are shrinking and new ones have not yet arrived, reveals far more about its structural health than any clean-quarter result ever could.

AIISA (Sponsored by Vontobel)
The Archipelago
17 Jul 2026
3 min read
Investment IdeaSaab: Orders doubled. Cash flow turned negative.

Saab manufactures fighter jets, submarines, missiles, and radar systems. It is Sweden's largest defence company and one of the few in Europe capable of designing and delivering a full spectrum of advanced military platforms. This report is important because it is being released at a time when European defence spending is undergoing its most dramatic structural shift since the Cold War, and investors are trying to work out which companies are genuinely capitalising on this shift and which are merely exploiting the headlines.

AIISA (Sponsored by Vontobel)
Stockholm
15 Jul 2026
3 min read
Investment IdeaSEB: Fee Income Hits a Record. One Number Spoils It.

Skandinaviska Enskilda Banken sits at the centre of the Nordic financial system, financing everything from large-cap M&A to Baltic household mortgages. This report’s backdrop matters: Geopolitical tension in the Middle East has kept energy prices high and interest rate expectations uncertain, while equity markets have recovered their nerve on the back of AI and defence investment tailwinds. Against this setting, SEB's second quarter results tells a more interesting story than the headline figures suggest.

AIISA (Sponsored by Vontobel)
Ericsson
14 Jul 2026
3 min read
Investment IdeaEricsson: Sales declined. But the margins tell a different story.

Ericsson builds the mobile network infrastructure that carriers worldwide depend on to run 4G and 5G networks. When a phone connects to a tower, the hardware and software managing that transaction is often Ericsson's. The company is one of only two credible global suppliers in this market, making it bellwether for the entire telecom investment cycle. This particular report comes at a sensitive time: a CEO change was announced in June, component cost inflation is starting to impact profits, and currency fluctuations have made the headline numbers appear worse than the underlying trends justify.

AIISA (Sponsored by Vontobel)
There is a tree on the lawn
9 Jul 2026
14 min read
Investors’ OutlookInvestors' Outlook: And now for something completely different

The war in the Middle East has reverberated across economies around the world, disrupting trade, fanning inflation, and forcing central banks to reconsider their plans. But after more than 100 days of conflict, the US and Iran have signed a memorandum of understanding.

Stefan Eppenberger, Christopher Koslowski, Mario Montagnani, Michaela Huber & Clémence Rusek

Education6

Office stairs
28 Aug 2023
4 min read
EducationExchange-traded products

Exchange-traded products are a broad category that allow for leveraged investments in assets that might otherwise be inaccessible to private investors.

Vontobel Markets
28 Nov 2022
4 min read
EducationTracker certificates

Tracker certificates enable investors to invest in themes, strategies, regions, or countries, making it easier to diversify even with small amounts of money. Tracker certificates replicate the performance of the underlying asset without leverage, a cap, or capital protection. Investors participate nearly 1:1 in rising and falling prices of the underlying asset. The underlying assets can especially be indices or equity baskets. In this way, you can invest in a whole stock market or basket in only one transaction without having to buy all the individual stocks. This is why tracker certificates are a great product for targeted investment in specific themes.

Vontobel Markets
28 Nov 2022
5 min read
EducationUnlimited Turbos

Unlimited Turbos, also called Open-End Knock-out Warrants, allow investors to participate disproportionately in the performance of an underlying. The leverage effect results from the fact that less capital has to be invested than for an investment in the respective underlying. Investors can speculate on a rising or falling underlying with a small capital investment. These products can be used to speculate on various asset classes such as shares, indices, commodities, precious metals, interest rate instruments or currency pairs.

Vontobel Markets
28 Nov 2022
5 min read
EducationMini Futures

Mini Futures offer investors the opportunity to participate disproportionately - with a leverage effect - in the performance of an underlying with a small capital investment. Long Mini Futures can be used to speculate on rising prices, while short mini futures can be used to speculate on falling prices. The products have an unlimited term, provided the product is not terminated by reaching the stop-loss level (or stop-loss barrier). In addition, a wide selection of underlyings are available, such as shares, indices, commodities, precious metals, interest rate instruments, currency pairs and cryptocurrencies.

Vontobel Markets
28 Nov 2022
3 min read
EducationBull & Bear certificates

With Bull & Bear certificates, investors can participate in the ups and downs of markets worldwide. The certificates offer investors the option of putting their market opinion into action according to their own appetite for risk. Bull & Bear certificates allow investors to participate with leverage in the performance of equities, indices, currencies, or commodities.

Vontobel Markets

FAQs6

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