US trade policy continues to pose headwinds for the global economy, putting pressure on Swiss exports and investments. At the same time, the Swiss franc’s recent strength and muted domestic activity are keeping inflation subdued; we forecast just 0.2% for 2025. In this environment, we believe another SNB rate cut to 0% in June is likely, and negative rates cannot be ruled out. What could such a policy move mean for the Swiss economy, the franc, and the real estate market?

Additional reading:

Legal confirmation

Because a personal conversation is worth a lot

What can we do for you? We’re happy to address your concerns directly. You can contact us in the following ways:

Make an appointment
Our experts are there to help

Our speakers

Potrait of Maxime Botteron

Maxime Botteron

CIO Switzerland Economist

Photo of Constantin Bolz

Constantin Bolz

CIO FX Strategist

Photo of Thomas Veraguth

Thomas Veraguth

CIO Real Estate Strategist

Photo of Belinda Peeters

Moderator: Belinda Peeters

CIO Investment Communications

Borrowing: A strategic tool for your financial plan

In today’s low-interest rate environment, borrowing can be a valuable part of a well-structured financial strategy. Whether you are considering a mortgage for real estate or a loan secured by your financial assets, reviewing your borrowing capacity may help you make the most of current market conditions.

Borrowing against real estate

For homeowners, a large share of wealth may be concentrated in property, which can limit diversification and overall investment performance. By keeping or increasing your mortgage, you can free up liquidity to invest in a diversified portfolio—helping to improve your risk-return profile and support long-term wealth growth.

Borrowing against an investment portfolio

Borrowing is sometimes viewed as a sign of overextending, but when incorporated into a prudent financial plan, it can offer additional opportunities. Appropriate borrowing strategies may help reduce tax burdens, enhance portfolio returns, and improve diversification—while still managing associated costs and risks.

Access to our investment ideas

Watch our livestream archive

Disclaimer

Please visit the page below and read theÌýÌýthat applies to this recording.

ll investment ideas in this section originate from entities outside the ÃÛ¶¹ÊÓƵ Chief Investment Office GWM. These entities are not subject to the legal requirements pertaining to independence of financial analysis, so the investment ideas may not fully reflect the views of the ÃÛ¶¹ÊÓƵ Chief Investment Office GWM. If you would like more information or full documentation on these products, please consult ÃÛ¶¹ÊÓƵ Quotes or ask your client advisor.

Investment ideas are provided by ÃÛ¶¹ÊÓƵ for information and marketing purposes only. They are not based on investment research and should not be construed as an offer, recommendation, or solicitation to buy or sell any financial instrument, or to enter into any transaction. Investment ideas do not constitute a form of investment advice. They do not take into account your investment objectives, your financial situation, or your specific needs. Before investing in a financial instrument, you should read the relevant product documents carefully and thoroughly, such as the prospectus, the Key Investor Information Document, and the term sheet. The terms and conditions of an investment, including product-specific risk warnings, are subject exclusively to the detailed provisions of the product documents, which are available at ÃÛ¶¹ÊÓƵ Quotes or can be requested from your client advisor.

Ìý