• Singular Asset Management flagged “bipolar” markets, backing an AI-led profit cycle while warning a prolonged energy shock could trigger stagflation.
• Kept overweight Technology, Emerging Asia, infrastructure; said AI-driven earnings growth has limited valuation stretch despite new US, Asia equity highs.
• Shifted fixed income toward short-dated government bonds, targeting returns near 5% in the euro zone; added Euribor-linked instruments.
• Cut investment-grade credit as spreads sit near cycle lows; maintained preference for short maturities across high yield, EM corporates, financial subordinated debt.
• Further reduced Europe equity overweight versus the US; kept most USD exposure unhedged; stayed cautious on gold due to risk-asset correlation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Singular Asset Management SGIIC SA published the original content used to generate this news brief on June 15, 2026, and is solely responsible for the information contained therein.