CIO Publications

CIO Video Update

2026 so far: risks but also great opportunities

Global Chief Investment Officer Christian Nolting reflects on the year to date, outlining the key risks and emerging opportunities shaping markets — and what they could mean for investors in 2026.

Feb. 26, 2026

CIO Video Update

Annual outlook 2026 – Investing in tomorrow: opportunities and risks

Global Chief Investment Officer, Christian Nolting and the CIO team discuss where the global economy and markets may be headed – and what this could mean for investors in the year ahead.

Jan. 13, 2026

PERSPECTIVES Annual Outlook

Cyclical impulses: key investment themes for Europe in 2026

Europe's story is one of cautious optimism, strategic intervention, and the search for sustainable growth. Deutsche Bank Private Bank’s CIO for Germany, Ulrich Stephan, outlines what investors should watch out for in the year ahead.

Jan. 09, 2026

PERSPECTIVES Annual Outlook

Fierce competition: key investment themes for emerging markets in 2026

Deutsche Bank’s CIO for Emerging Markets, Professor Dr Jacky Tang, explores how fierce competition for critical commodities, shifting supply chains and evolving policy landscapes are shaping risks and opportunities for investors in 2026.

Jan. 07, 2026

PERSPECTIVES Annual Outlook

Transformative forces: key investment themes for the US in 2026

Deepak Puri, Deutsche Bank Private Bank’s CIO for the Americas, outlines how AI-driven innovation, economic resilience, and shifting market dynamics in the US are setting the scene for recovery and opportunity in 2026 and beyond.

Jan. 07, 2026

PERSPECTIVES Annual Outlook

Annual outlook 2026: Investing in tomorrow

The global economy is in flux, trade flows are shifting and new technologies are redrawing the economic map. In PERSPECTIVES 2026, we look to the year ahead across our ten key investment themes, identifying opportunities and risks for investors.

Dec. 05, 2025

PERSPECTIVES Viewpoint Equity

Korea: From “discount” to re-rating

Here is the latest edition of our PERSPECTIVES Viewpoint – designed to provide regular, up-to-date analysis of key trends in all the major asset classes.

Apr. 16, 2026

PERSPECTIVES Viewpoint Commodities

Risks becoming reality

In this PERSPECTIVES Viewpoint Commodities: Risks becoming reality, we examine how the duration of current disruptions and shifting macro conditions are likely to shape energy and metals markets over the coming months.

Apr. 08, 2026

PERSPECTIVES Memo

PERSPECTIVES Memo - Ceasefire brings tentative relief

In a dramatic turn of events, just hours before US President Donald Trump’s deadline expired, both the US and Iran agreed to a two-week ceasefire, aiming to negotiate a sustainable peace agreement. Israel has also joined the ceasefire, though it specified that the arrangement does not extend to Lebanon. Read more.

Apr. 07, 2026

PERSPECTIVES Special

The Hormuz conflict: Europe facing crosswinds

In this PERSPECTIVES Special we examine how exposed European economies are, how this conflict differs from the 2022 energy crisis, and what this means for markets and policy. We present our latest scenarios and address the implications for investors as Europe navigates increasingly challenging crosswinds.

Mar. 30, 2026

PERSPECTIVES Special

The Hormuz Shock: No Strait line for US exit

In this PERSPECTIVES Special, we explore how the Hormuz-specific conflict with Iran has become a defining macro shock, disrupting global energy flows, lifting inflation risks, and reshaping cross asset and regional market dynamics, with the US relatively insulated but still exposed to higher prices and tighter financial conditions.

Mar. 24, 2026

PERSPECTIVES Viewpoint FX

FX moves: Geopolitics versus monetary policy

As the opening quarter of 2026 draws to a close, currency markets have gone through a clear regime shift. In this FX Viewpoint, we assess how these shifting macro and geopolitical forces may shape currency markets over the next twelve months. Learn more.

Mar. 20, 2026

PERSPECTIVES Special

China’s NPC and FYP: A focus on stability and the supply side

This PERSPECTIVES Special examines how Beijing is prioritising risk control, technological upgrading and productivity gains, while keeping demand support targeted and measured. We assess the implications for growth, inflation and policy transmission, and outline where investors should expect greater dispersion across asset classes and sectors – highlighting the opportunities most closely aligned with China’s evolving strategic priorities.

Mar. 20, 2026

PERSPECTIVES Special

Asia Pacific: Navigating the Hormuz shock

We assess how a Hormuz-related energy shock transmits through APAC macro fundamentals, sector earnings and equity market positioning, and why it may act as a structural catalyst for Asia’s long term energy security transition rather than just a short-term market event.

Mar. 17, 2026

PERSPECTIVES Special

EU-Mercosur agreement: New opportunities ahead

We assess the key features of the EU-Mercosur agreement, its implications for investment and trade flows, and the equity market sectors most likely to benefit on both sides.

Mar. 13, 2026

PERSPECTIVES Memo

Middle East escalation: energy transit risks & market volatility

The conflict has escalated with direct US-Israel strikes on Iran and regional retaliation. Risks to energy supply have increased significantly, as energy transportation through the Strait of Hormuz has been disrupted. Read more.

Mar. 02, 2026

PERSPECTIVES Special

Alternatives: Private markets – the year ahead

In this PERSPECTIVES Special we look at the outlook for private markets. We consider recent developments supporting greater investor participation, the macroeconomic factors affecting investment allocation and our base case outlook and risks for 2026. Read more.

Feb. 13, 2026

PERSPECTIVES Special

The global sports industry – Game on: unlocking investor value

The global sports industry has entered a new growth phase. We look at the reasons behind this growth, M&A activities and private investment, why regional differences matter for investors and the opportunities for further sports industry innovation.

Feb. 06, 2026

PERSPECTIVES Viewpoint Commodities

Welcome correction in precious metals prices

Parabolic precious metals gains snapped as margin hikes and crowded positioning triggered historic single-day plunges. This update evaluates the outlook for gold and silver.

Feb. 04, 2026

PERSPECTIVES Viewpoint Fixed Income

Credit – Income over compression

Carry is taking centre stage again in 2026 as credit markets navigate elevated supply, tight valuations, and the accelerating AI financing cycle.

Jan. 22, 2026

PERSPECTIVES Special

Japan 2026 Outlook: Strategic reorientation amid policy normalisation and structural reforms

In this PERSPECTIVES Special we explore how Japan’s evolving geoeconomic strategy, innovation push, and corporate transformation are set to reshape the investment landscape in the years ahead.

Jan. 22, 2026

PERSPECTIVES Memo

Greenland tensions: US announces new tariffs on European countries

US President Donald Trump announced on social media that the United States would implement a 10% tariff on eight European nations (Germany, France, the United Kingdom, the Netherlands, Norway, Sweden, Finland and Denmark) with effect from February 1, amid opposition to US intentions for Greenland. Read more.

Jan. 19, 2026

PERSPECTIVES Viewpoint FX

Politics, monetary policy, fiscal stimuli

In this publication we explore how politics, monetary policy and fiscal stimuli are set to reshape major currency paths in 2026 and present our corresponding exchange rate forecasts.

Jan. 16, 2026

PERSPECTIVES Memo

Risk event in Venezuela: No shift in our market outlook

Financial markets remain largely unaffected by the removal of Venezuela‘s President Maduro. Our positive market and economy outlook for 2026 also remains unchanged.

Jan. 06, 2026

PERSPECTIVES Viewpoint Fixed Income

Steep curves and fiscal crossroads

Global bond markets are entering a new era of steeper curves and persistently higher yields. We explore what this landscape could mean for investors.

Dec. 16, 2025

PERSPECTIVES Viewpoint Commodities

Navigating metals, energy & strategic materials

Ranging from gold to rare earths, this PERSPECTIVES Viewpoint dives into the forces driving volatility, opportunity, and risk across the commodity spectrum.

Dec. 15, 2025

PERSPECTIVES Viewpoint Equity

Japan – Takaichi and corporate reforms

This report examines the key drivers behind the momentum in Japan’s stock market and outlines the factors drawing increased investor interest. Read for more information.

Dec. 10, 2025

PERSPECTIVES Viewpoint Equity

China’s Q3 earnings: sectoral divergence

PERSPECTIVES Viewpoint Equity: China’s Q3 earnings: sectoral divergence, spotlights how policy support, AI infrastructure, and green energy are helping to drive selective investment opportunities. Read for more information.

Nov. 28, 2025

PERSPECTIVES Special

Spain: Impressive economic growth, once again

In this PERSPECTIVES Special – Spain: Impressive economic growth, once again, we explore the reasons for this success, while also addressing the structural challenges that Spain faces, which include productivity gaps, housing shortages, and political uncertainty. Read for more information.

Nov. 28, 2025

PERSPECTIVES Memo

UK budget: navigating difficult waters

On Wednesday, the Chancellor of the Exchequer, Rachel Reeves, delivered her second Autumn Budget against a backdrop of slowing growth, elevated borrowing costs, and persistent domestic political uncertainty.

Nov. 27, 2025

PERSPECTIVES Viewpoint Equity

India’s equity market – Ready to rebound?

In this PERSPECTIVES Viewpoint Equity: India’s equity market – Ready to rebound?, we examine whether India’s recent equity market underperformance signals a prolonged trend or sets the stage for a catch-up, as domestic resilience and global dynamics shape the outlook for the year ahead.

Nov. 17, 2025

PERSPECTIVES Special

APEC summit – the deals and their implications

The APEC meeting in South Korea saw the signing of major trade deals between the US and many Asian economies. Dive into our special report for insights into what these developments may mean for markets, sectors, and your portfolio.

Nov. 05, 2025

PERSPECTIVES Special

China's 4th Plenum and 15th five-year plan: sectoral signals for 2026

China stands at a crossroads as the 4th Plenary Session unveils the blueprint for its 15th five-year plan (2026–2030). Our report explores how the country is shifting its focus from rapid expansion to high-quality, innovation-driven growth, signalling a new era for both domestic and global stakeholders.

Oct. 30, 2025

PERSPECTIVES Viewpoint Equity

Artificial Intelligence – Bubble or Boom?

In this PERSPECTIVES Viewpoint, we examine the drivers behind the AI rally, compare today’s market dynamics with past technology bubbles, and highlight the critical differences that set this cycle apart.

Oct. 28, 2025

PERSPECTIVES Viewpoint FX

Monetary policy back in the spotlight

In this PERSPECTIVES Viewpoint FX, we analyse the factors expected to influence exchange rates in the coming months. We also provide our 12-month outlook for the USD and some other currencies.

Oct. 21, 2025

PERSPECTIVES Viewpoint Equity

China: Riding on supportive policies and tech optimism

In this PERSPECTIVES report, we examine the recent outperformance of China’s onshore equities (A-shares) relative to offshore equities (H-shares), explore the key drivers behind the A-share rally, and assess its sustainability.

Sep. 24, 2025

PERSPECTIVES Special

ESG investment performance: drivers and management

This PERSPECTIVES Special explores the nuances behind the numbers, showing that ESG performance depends heavily on how it's defined, implemented and measured. Read for more details today.

Sep. 10, 2025

PERSPECTIVES Special

Italy: moving forward

Italy’s economy has convincingly weathered the events of recent years and is now a relatively strong performer in a European context. This new PERSPECTIVES Special report considers the implications for the country’s future development and financial markets.

Aug. 04, 2025

PERSPECTIVES Viewpoint Commodities

Not only gold glistening

Commodity prices followed divergent paths in the first half of 2025. In this PERSPECTIVES Viewpoint Commodities, we explain recent price moves and discuss our outlook for key commodities over the next 12 months.

Jul. 11, 2025

PERSPECTIVES Viewpoint FX

Headwinds for the USD persist

In this PERSPECTIVES Viewpoint FX: Headwinds for the USD persist, we address the recent shift in focus from monetary policy decisions to the fiscal and trade policies of the US and the likely near-term developments in this regard. We also provide our outlook for the USD and a number of other currencies.

Jul. 03, 2025

PERSPECTIVES Memo

Donald Trump threatens higher tariffs for EU

Reports indicate that the U.S. is demanding unilateral tariff reductions from the EU, similar to concessions offered by other countries to the U.S. Go through this article for complete information.

May. 23, 2025

PERSPECTIVES Special

Alternatives & Strategic Asset Allocation

Alternative investments are an increasingly important asset class and have experienced robust growth over the past two decades. In this report, we look at the advantages and challenges of integrating them into a portfolio.

May. 19, 2025

PERSPECTIVES Special

Energy Transition: Utilities and electricity grids

As demand surges, primarily due to electrification and data centre expansion, the need for low-emission energy sources becomes critical. This transition necessitates significant investments in grid expansion and modernisation to integrate renewable energy sources while maintaining system stability and resilience.

May. 16, 2025

PERSPECTIVES Special

China announces stimulus measures

China unveiled several stimulus measures on May 7 and it was confirmed that the U.S. and China would hold official tariff negotiations this week. In this PERSPECTIVES Special, we look at the impact of these events on Chinese equities.

May. 06, 2025

PERSPECTIVES Special

Trump’s first 100 days in office

The first 100 days of the President Trump’s second presidency has clearly pointed to an ‘America First’ agenda. We take a closer look at portfolio impact and what this means for investors globally in this PERSPECTIVES Special.

May. 01, 2025

PERSPECTIVES Special

Asia: Top investment picks amid tariff uncertainty

In this CIO Special, we look at four possible investment areas and consider their merits.

Apr. 29, 2025

PERSPECTIVES Special

Hefty stock price reactions to U.S. tariffs

U.S. trade and tariff policies and their lack of predictability have caused significant price fluctuations in all areas of the financial markets. Browse this page for more details.

Apr. 17, 2025

PERSPECTIVES Memo

Trump pauses reciprocal tariffs

On Wednesday, President Trump announced his decision to put a 90-day pause on reciprocal tariffs on all countries except China. The reciprocal tariffs, which were announced a week prior, were set to take effect on April 9th and targeted a broad range of trading partners.

Apr. 10, 2025

PERSPECTIVES Memo

“Liberation Day” rattles markets

The U.S. administration has now announced the details of its “reciprocal” tariffs on trading partners. In this CIO Perspectives Memo, “Liberation Day” rattles markets, we discuss how they will work, what could happen next and the implications for economies, financial markets and investors.

Apr. 04, 2025

PERSPECTIVES Viewpoint FX

Paradigm shift in the currencies markets

In this PERSPECTIVES Viewpoint FX: Paradigm shift in the currencies markets – we examine the factors influencing the development of exchange rates in the next twelve months and present our corresponding forecasts.

Mar. 27, 2025

PERSPECTIVES Special

Long Term Capital Market Assumptions 2025-2034

Long term Capital Market Assumptions (LTCMA) form a vital component of systematic long-term asset allocation approaches. This report highlights significant developments to our 10-year (i.e. 2025-2034) asset class return assumptions since the last review, and the impact of macroeconomic and monetary policy developments, amongst other factors. It presents LTCMA for selected sub-asset class indices within equities, fixed income and commodities.

Mar. 27, 2025

PERSPECTIVES Viewpoint Equity

China: Upside driven by AI optimism and policy stimulus

In this PERSPECTIVES Viewpoint – China: Upside driven by AI optimism and policy stimulus, we evaluate the rally seen in Chinese equities, comment on the implications of a U.S. growth slowdown and potential tariffs.

Mar. 18, 2025

PERSPECTIVES Special

EU carbon market: more to come

These changes should accelerate Europe’s path to decarbonization, reinforcing the EU’s leadership in climate policy. Industries will need to adapt to tighter regulations, while investors navigate an evolving carbon market with new risks and opportunities. The coming years could shape the balance between economic growth and environmental responsibility, potentially setting a precedent for future carbon pricing mechanisms worldwide.

Mar. 10, 2025

PERSPECTIVES Viewpoint Equity

Time to act: Europe’s possible Defence Initiative

In this PERSPECTIVES Viewpoint, we look at joint financing options and possible growth effects of increased defence spending, as well as special features within the European defence industry and their relevance for investors.

Mar. 03, 2025

PERSPECTIVES Special

Spain: The success of a services-based economy

The Spanish economy completed 2024 with impressive economic growth. Although a slight deceleration of GDP growth is expected in 2025, Spain should continue to deliver very solid economic performance compared to the Eurozone average, thanks to lower interest rates, a healthy labour market and less trade exposure to the U.S.

Feb. 26, 2025

PERSPECTIVES Special

Healthcare and MedTech: A blueprint for growth

In this PERSPECTIVES Special, we investigate the structural drivers of healthcare along with the recent developments and main opportunities in the sector. We also provide a market outlook focused on earnings prospects, valuation, and potential cyclical tailwinds.

Feb. 26, 2025

PERSPECTIVES Memo

German federal elections 2025

Christian Nolting, Global Chief Investment Officer for the Private Bank, discusses his predictions for Sunday's German federal elections, the possible outcomes and the implications for investors under different scenarios, with Nico Nonnenmacher, the Private Bank's Head of Communications.

Feb. 24, 2025

PERSPECTIVES Special

Higher tariffs for longer

In this PERSPECTIVES Special we look at both the prospects for tariffs implementation and their possible impact on U.S. and European equities.

Feb. 18, 2025

PERSPECTIVES Special

Where a potential Russia-Ukraine ceasefire might lead

In this PERSPECTIVES Special we will look for how any potential end to Russia’s invasion of Ukraine might impact financial markets.

Feb. 14, 2025

PERSPECTIVES Viewpoint Equity

Reshuffling the cards

Commentary on the latest equity market developments, possible determinants going forward and our view concerning U.S. and German equity markets. Plus a short update on Q4 2024 earnings season that is getting into full swing.

Jan. 30, 2025

PERSPECTIVES Memo

Market Perspectives on DeepSeek

On January 20, DeepSeek, an AI spin-off from a local Chinese hedge fund, launched a free AI assistant app. By yesterday, it had overtaken other well-known AI assistants in the number of smartphone app downloads. With its growing traction, the underlying details of its development gained attention as well.

Jan. 30, 2025

PERSPECTIVES Special

UK assets: a bumpy start to 2025

In this PERSPECTIVES Special we examine the reasons behind the UK assets’ bumpy start to the year. Issues covered include the re-pricing of global interest rate expectations, vulnerabilities from the UK’s “twin deficit”, the fiscal outlook, Bank of England policy options and the outlook for sterling, UK bonds and UK equities.

Jan. 16, 2025

PERSPECTIVES Viewpoint Equity

India: Foreign investor selling provides buying opportunity

In this report, we provide an overview of corporate earnings for the September quarter 2024, explain the reasons for the recent FPI outflows and dive into market valuations. We conclude by analysing high frequency data to gauge growth prospects.

Nov. 26, 2024

Bond markets caught between monetary and fiscal policies

Central banks have successfully brought down inflation rates close to target levels and pivoted monetary policy towards a rate cut cycle. We discuss the factors currently driving bond markets and present our view on bond asset classes.

Oct. 31, 2024

PERSPECTIVES Viewpoint Equity

China: More stimulus in the making

In this CIO Viewpoint Equity, we evaluate China's recent monetary and fiscal stimulus announcements.

Oct. 14, 2024

PERSPECTIVES Viewpoint FX

Central Banks at the helm

We explore anticipated central bank policy moves, their potential impact on currency pair volatility, the outlook for the next twelve months and the possible developments in currencies that investors should take into account in their investment decision-making.

Oct. 11, 2024

PERSPECTIVES Viewpoint Equity

Setting the course for Q4

In this CIO Viewpoint Equity we comment on the latest equity market developments, elaborate on our new September 2025 equity index targets and share our view on how the relative performance of Cyclicals vs. Defensives might evolve from here.

Sep. 27, 2024

PERSPECTIVES Viewpoint Equity

China Equities: Market recovery pushed back further

In this CIO Viewpoint, we discuss the recent macro-economic developments, policy action in China and provide our view on Chinese equities.

Sep. 13, 2024

PERSPECTIVES Viewpoint Equity

Japan Equities - Structural reforms to drive rerating, but range-bound in the near-term

In this report, we look at the key drivers of the fundamental rerating of Japanese equities. We also evaluate the short-term outlook based on BoJ and market uncertainties.

Sep. 03, 2024

PERSPECTIVES Special

Decarbonizing portfolios: 10 key factors

Portfolio decarbonization will become an increasingly important topic. Investors need to understand the key issues involved.

Aug. 23, 2024

PERSPECTIVES Special

Circular materials use: the need for change

In this CIO Special report we examine what’s driving Earth Overshoot Day and where innovation is offering hope for our planet's future.

Jul. 31, 2024

PERSPECTIVES Special

Investing in EU carbon markets: where now?

Carbon markets are likely to play a major role in promoting sustainability and innovation, offering new opportunities for investors and policymakers alike.

Jul. 25, 2024

PERSPECTIVES Special

Energy transition: investment perspective

The renewable energy sector is experiencing remarkable growth. However, this rapid expansion faces challenges. In this report, we explain why the renewable energy sector’s trajectory remains positive.

Jul. 03, 2024

PERSPECTIVES Viewpoint Commodities

Gold & silver in demand, oil price range seems limited

In the latest PERSPECTIVES Viewpoint Commodities – Gold & silver in demand, oil price range seems limited, we discuss gold, silver and oil and examine the causes of past price movements. We also address the factors to look out for regarding these commodities and the opportunities we still see for investors in each case.

May. 14, 2024

PERSPECTIVES Special

Bottoming out in the German housing market

It remains a challenging environment for the German housing market, but rate cuts, economic growth and structural rental market shortages should help the market to bottom out.

Apr. 30, 2024

PERSPECTIVES Special

China’s economy: awaiting the right cues

China recently released a flurry of Q1 economic data. But while GDP numbers were surprisingly strong, some other activity measures continue to disappoint. So has China’s economy really turned a corner?

Apr. 18, 2024

PERSPECTIVES Special

Bitcoin: from bubble to mainstream?

Bitcoin is unlikely to assert itself as a widespread medium of exchange but may be on its way to mainstream acceptance as a store of value, although the risks of holding it remain high.

Apr. 11, 2024

PERSPECTIVES Special

Smart Mobility: EVs and batteries present opportunities and risks

Favourable long-term trends for the electric-vehicle market remain intact – but an excess supply of battery metals means the outlook for miners remains clouded.

Mar. 19, 2024

PERSPECTIVES Special

LTIT: Sustainable Food Systems – favourable entry points ahead?

Sustainable food systems (SFS) deliver food security and nutrition in ways that are sustainable in economic, social and environmental terms. Transitioning towards sustainable food systems could open up business opportunities worth USD4.5 trillion per year by 2030.

Mar. 11, 2024

PERSPECTIVES Special

Why women’s financial inclusion matters

The empowerment of women in the labour force is important in ways that go beyond the critical matter of social justice. Female financial inclusion and gender equality are “macrocritical” to boosting economic activity.

Mar. 07, 2024

PERSPECTIVES Special

India: Will a billion voters move markets in the world’s biggest democratic election?

India, the world’s largest democracy, is heading to a national vote, with results expected by the end of May. Almost one billion registered voters will make this the biggest election exercise anywhere, ever.

Mar. 07, 2024

PERSPECTIVES Special

Asset allocation for private clients

Strategic asset allocation for private clients starts with detailed knowledge of an investor’s risk profile, investment horizon, and performance targets, among other considerations.

Feb. 23, 2024

PERSPECTIVES Special

Long-term investment theme Digitisation: going to the next level

For investors, digitisation provides a wide range of investment alternatives, with business activities such as cloud computing, Internet of Things (IoT), digital entertainment, and others showing substantial growth potential.

Feb. 19, 2024

PERSPECTIVES Special

Managing investment uncertainty with asymmetric strategies

Adherence to strong convictions in the face of market-moving events can potentially trigger undesirable timing mistakes. Asymmetric strategies can allow more potential upside for a given portfolio risk.

Jan. 19, 2024

PERSPECTIVES Special

ESG & investment performance: think strategically

The key to sustained long-term returns from ESG investment is effective strategic asset allocation.

Oct. 24, 2023

PERSPECTIVES Special

Smart mobility: switch, optimise, prioritise

Once we looked to technology to make transportation systems cheaper, faster or safer. But “smart mobility” needs to be more sustainable too - and the primary challenge may be social in nature.

Oct. 20, 2023

PERSPECTIVES Special

What Global South developments mean for Asia

The expansion of the BRICS coalition, with six nations set to join at the start of 2024, will provide the group with increased access to mineral resources and impact global supply chains.

Oct. 12, 2023

PERSPECTIVES Special

ESG investment: understanding system changes

Environmental constraints mean that system changes will be necessary to meet four key human demands –for energy, food, manufacturing and mobility.

Oct. 11, 2023

PERSPECTIVES Special

Land resources: Conservation and regeneration

Our planet provides an abundance of land-based resources that we use to meet our needs, but just five key demand areas - cement, aluminium, steel, plastics, and food - account for around 37% of global CO2 emissions.

Aug. 22, 2023

PERSPECTIVES Special

Infrastructure: supporting a sustainable future

This CIO Special on one of our long-term investment themes looks at possible future developments in the infrastructure sector, based on the four key themes of resilience, sustainability, innovation and inclusivity.

Jul. 04, 2023

CIO Nature Series

Land – A key Life Pillar

In our latest publication, we take a deep look at the importance of biodiversity, particularly from an investor's perspective.

Apr. 18, 2023

PERSPECTIVES Special

Energy Transition: the quest for emissions-free energy

Our CIO Special report looks at a central challenge for the world today: how we produce and use energy in a more sustainable way.

Apr. 12, 2023

PERSPECTIVES Special

Big Tech: Regulation remains an important factor

In our CIO Special, we look at the regulatory picture in jurisdictions around the world and consider the investment outlook.

Mar. 09, 2023

PERSPECTIVES Special

India: Why it will be a USD 7 trillion economy by 2030

In our latest CIO Special – India: Why it will be a USD 7 trillion economy by 2030 – we look at the structural shifts taking place currently in India which are setting the stage for it to become the fourth largest economy in the world by the end of this decade.

Mar. 02, 2023

PERSPECTIVES Special

Future European infrastructure: investing in change and resilience

Sustainability and security considerations, enhanced policy support and technological development are making European infrastructure an investment focus.

Dec. 15, 2022

PERSPECTIVES Special

Peak inflation and beyond

Some measures of inflation may be at, or near, their peak but this is by no means the end of the story. In our new special report, we draw some broad conclusions.

Nov. 24, 2022

PERSPECTIVES Special

U.S. and European real estate: taking a closer look

The real estate sector faces a difficult global economic environment as central banks continue to tighten monetary policy. We consider the varying circumstances and outlooks for different sectors and regions.

Nov. 10, 2022

PERSPECTIVES Special

Cities under threat: real estate investment and climate change

Cities both exacerbate climate change and suffer from its consequences – e.g. through flooding, or excess heat, or changing patterns of disease. Getting them to work better must be a key environmental and social priority.

Nov. 01, 2022

PERSPECTIVES Special

Commodities, the energy transition and ESG portfolios

Energy price volatility has had an obvious impact on ESG portfolios this year, but we also need to consider the longer-term dynamics around energy and commodity markets.

Oct. 19, 2022

PERSPECTIVES Special

Energy and Asia: future challenges

Our CIO Special looks at the rapidly growing Asian energy market and how policymakers are trying to satisfy growing demand – while also reducing carbon emissions and improving energy security.

Oct. 13, 2022

PERSPECTIVES Special

India: on the cusp of energy transition

In this CIO Special we look at the remarkable progress that India has achieved in its energy transition from fossil-fuel based sources to sustainable and green ones.

Sep. 23, 2022

PERSPECTIVES Special

The future of work and the ReRo revolution

Remote working looks likely to persist in some form for many employees as the world learns how to live with coronavirus. But our new CIO Special argues that remote working needs to be seen as just one component of a continuing process of workplace change.

Apr. 04, 2022

PERSPECTIVES Special

Cyber security: protection for the digital environment

In our new CIO Special we analyse the developments and trends impinging on cyber security and we focus on the issues and challenges created by increasing online transactions and interactions.

Feb. 15, 2022

PERSPECTIVES Special

Artificial Intelligence: getting around Moravec's paradox?

Our new CIO Special looks at why AI technology is now advancing fast, and the evolution of the sector from an investor’s perspective.

Nov. 02, 2021

PERSPECTIVES Special

Smart Mobility: transportation reinvented

In our new CIO Special, we look at the major ongoing transformation of our transportation infrastructure.

Nov. 01, 2021

PERSPECTIVES Special

Millennials: ageing pains

Millennials form an increasingly important group in many economies, in both economic and political terms. Our new CIO Special report looks at trends that are shaped by the Millennial generation and how investors can benefit from them.

Jul. 23, 2021

PERSPECTIVES Weekly Podcast

April 27 – Central banks keep an eye on the Middle East

The first wave of earnings reports suggest that companies do not expect the Middle East conflict to linger, says Christian Nolting, the Private Bank’s Global Chief Investment Officer. Christian also discusses the big central banks' decisions in the week ahead.

Apr. 27, 2026

Future Fundamentals Podcast

Putting nature on the balance sheet

In our Future Fundamentals podcast, Naoko Ishii, Executive Vice President of the University of Tokyo and Director of the Center for Global Commons, and Markus Müller, our Chief Investment Officer for Sustainability, discuss putting nature on the balance sheet and how to build a coordinated financial response to this global challenge.

Feb. 11, 2025

Future Fundamentals Podcast

Sustainable cities

The Private Bank’s ESG CIO Markus Müller and Dr. Philipp Rode of the London School of Economics (LSE) look at how cities can adapt to increasing social, economic and environmental pressures in an ever-more urbanised world.

Oct. 17, 2023

Future Fundamentals Podcast

Measuring sustainability

Deutsche Bank Private Bank’s ESG CIO Markus Müller and Anna Katharina Mayer, Club of Rome member and FindingSustainia co-founder, look at the complex issues around measuring sustainability – in other words, how we assess the real impact of corporate, government and individual actions on the natural world around us.

Aug. 21, 2023

Future Fundamentals Podcast

Sustainable value chains

Deutsche Bank Private Bank's ESG CIO Markus Müller and Deutsche Bank Research’s Marion Laboure look at value chains in the global economy – and why there are increasing concerns about their sustainability.

Jul. 13, 2023

Future Fundamentals Podcast

Sovereign carbon credits

Claire Coustar of Deutsche Bank’s Investment Bank joins Markus Müller, Chief Investment Officer ESG & Global Head Chief Investment Office at Deutsche Bank's Private Bank, to discuss the recent evolution of the sovereign carbon credits market and how it will help us value and protect natural assets.

Nov. 03, 2022

Future Fundamentals Podcast

The future of work and the ReRo revolution

Marion Laboure, Senior Economist at Deutsche Bank and Research Lecturer at Harvard University, joins Markus Müller, Chief Investment Officer ESG & Global Head Chief Investment Office at Deutsche Bank's Private Bank, to discuss the continuing process of workplace change and the Remote working and Robotics (ReRo) revolution.

Jul. 21, 2022

Future Fundamentals Podcast

Medtech: the future of healthcare beyond COVID-19

University of Oxford professor and medical device innovator Constantin Coussios joins Deutsche Bank’s Christian Nolting to discuss how digitalisation and demographics are converging to improve lives and create investment opportunities.

Feb. 25, 2021