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With another US regime change operation under way in Iran shortly after the more limited, successful January operation in Venezuela, questions are once again being asked.

The developments in the Middle East over the weekend mark an expanded regionalisation of previous conflicts, heightening the risk of a more prolonged crisis that could weigh on oil prices if tensions persist over the coming weeks.

An introduction to multi-strategy. Over the past ten years, the multi-strategy sector has become the most popular area within the hedge fund (HF) universe, as well as a top destination for investor flows.

Last Friday, the US Supreme Court ruled that the International Emergency Economic Powers Act did not give the President the authority to impose tariffs, providing a lift to global equities. However, President Trump swiftly responded by announcing his intention to apply a 15% global tariff, sending the dollar lower and gold higher as markets moved to price in renewed trade uncertainty.

Several of our colleagues recently demonstrated their dedication to making a positive impact on both their local communities and the environment through two inspiring initiatives. From Zurich to the Mediterranean coast, their efforts reflect a shared spirit of generosity and care.