Press releases

Filter on

Filter on Theme

Filter on Date

Filter on Article Type

Press release

Economy

ABN AMRO MeesPierson reduces equity over-exposure by 50%

ABN AMRO MeesPierson is realising some gain on its equity position by cutting its large over-exposure in half. The sales will benefit ABN AMRO's cash position, giving the private bank the means to play into new opportunities in the future. By decreasing its over-exposure, ABN AMRO MeesPierson is also reducing exposure to risks – including political risks - and other uncertainties on the horizon. The private bank maintains a moderate overweighted position in equity.

Press release24 February 2017

ABN AMRO: no drop in home sales until 2018

The number of homes sold will continue to rise in 2017. However, at 5 percent this year’s increase will be significantly less than last year’s 20 percent. Group Economics at ABN AMRO expects 2018 home sales to drop by 5 percent relative to 2017. These findings are presented in this year’s first Housing Market Monitor. The bank’s economists believe that in 2017 prices will continue to increase at the same rate of 5 percent as in 2016; in 2018, however, they predict that prices will climb more slowly (by 3 percent).

Press release05 January 2017

ABN AMRO focuses on emerging market bonds and equities in its new Investment Outlook

ABN AMRO Private Banking expects a second wave of financial flows into emerging markets, as stated in the bank’s new Investment Outlook published today. This development is driven not only by improving commodity prices, but also by the improving prospects for global manufacturing and consumer demand, which will benefit Asian emerging markets. ABN AMRO Private Banking therefore favours both emerging market bonds and equities for their return and geographical diversification potential.

Press release14 September 2016

Survey by ABN AMRO MeesPierson: ‘support for existing pension system has eroded’

More than seven out of ten people in the Netherlands are in favour of abolishing the existing collective pension system. In a survey by ABN AMRO MeesPierson among 1,171 people aged 18 and up, 42% replied that they would prefer a system where pensions are built up individually, while 33% want a combination of collective and individual. A quarter of the people surveyed are in favour of keeping the collective pension system.

Press release08 September 2016

ABN AMRO Private Banking: Brexit no reason to sell equities

The UK’s decision to leave the EU is no reason for ABN AMRO Private Banking to make any drastic changes to its equity policy. ‘It’s senseless to sell equities at fire-sale prices amid the commotion,’ says Didier Duret, Chief Investment Officer at ABN AMRO Private Banking. ‘It is mainly driven by political lack of visibility right after the vote to leave the EU. Visibility will come as the UK and EU leaders have to agree on a workable road map for the UK to exit. ’

Press release27 June 2016

Banks present Trust Monitor and announce planned improvements

The Dutch Banking Association (NVB) is today presenting the Trust Monitor for Banks for the first time. Market research institute GfK surveyed how Dutch people think about banks in general, their own bank and how they experience various aspects of services provided by banks. In the monitor, banks also publicise their own individual scores for measurements conducted by the Dutch Authority for the Financial Markets (AFM), the so-called Client Centricity dashboard scores. The Trust Monitor for Banks will be published annually.

Press release28 September 2015

The slowdown in China is a concern, but no risk to global growth

The slowdown in China is a concern, but no risk to global growth; temporary correction offers opportunities to re-enter markets.

Press release02 September 2015

ABN AMRO MeesPierson shifts focus to IT equities

ABN AMRO MeesPierson has decided to modify the sector preference within its overweight position in equities. The latest edition of Beleggingsvisie, the investment guide published by ABN AMRO’s private bank, announces a greater emphasis on equities in the information technology industry, at the expense of luxury consumer goods. ABN AMRO MeesPierson is shifting its position in IT from neutral to overweight. For luxury goods, the bank is adjusting the existing position from overweight to neutral.

Press release29 June 2015

ABN AMRO Private Banking remains positive on European equities and recommends minimum exposure to bonds

ABN AMRO Private Banking maintains its overweight position in equities and remains underweight in bonds, according to its Mid-Year Investment Outlook – Mindful moves – published today. For diversification purposes, it recommends a combination of inflation-linked bonds, commodities, small caps and hedge-fund strategies, which, alongside a well-balanced portfolio of US, European and Asian equities, can mitigate the risk of corrections.

Press release27 May 2015

Dutch holiday allowances spent overwhelmingly on holidays

An overwhelming majority of the Dutch population spend some or all of their holiday allowance for 2015 actually on their holidays (85 percent). People earning less than the modal (i.e. most commonly earned) income are more likely to use all the money for other purposes than going on holiday. These are some of the findings from a survey that by ABN AMRO conducted among more than 1200 working people.

Press release30 April 2015

China remaining dominant in global industrial metals, but global share will drop

ABN AMRO sees China remaining dominant in global industrial metals, but global share will drop at the benefit of India and other countries

Press release20 April 2015

Dutch online sales growing, but lagging behind in Europe

Although online sales in the Netherlands are rising year-on-year and passed the EUR 10 billion mark in 2013, the Netherlands still lags behind the rest of Europe. There is something of a ‘rat race’ to win the attention of the online consumer.

Press release17 December 2013

ABN AMRO Private Banking takes profit on US equities & cyclical stocks, targets European equities, high dividends, buybacks & high quality bonds

ABN AMRO Private Banking has moved to Underweight for US equities, reduced its exposure to cyclical stocks after recent strong performance and recommends further portfolio diversification to reduce risk, according to its Q1 2014 Investment Outlook – The Great Rebalancing – published today.

Press release10 December 2013