• BayernInvest raised its equity allocation to overweight for H2 2026, citing volatility-driven entry points despite geopolitical risk, higher inflation, and choppy markets.
• US equities and emerging-market equities shifted to overweight; Europe lifted to neutral, with a preference for quality and growth stocks.
• Oil rose nearly 70% in H1; emerging-market equities gained up to 20%, with South Korea’s KOSPI up about 80%.
• Hormuz Strait reopening set as the key macro swing factor; base case sees a resolution by late June or early July.
• Base case targets 10-year Bund yields around 3.2% over 12 months; negative case sees 10-year U.S. Treasuries at 4.6%-5% by year-end.

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. Bayerninvest Kapitalverwaltungs GmbH published the original content used to generate this news brief on June 10, 2026, and is solely responsible for the information contained therein.