On Wednesday, March 4, BBVA organised an event in Zürich about digitalization and sustainability.
On 22 January the town of Davos-Klosters played host to the 49th edition of the Word Economic Forum.
Many people around the world choose to place part of their savings in investments outside their home country, in order to diversify their holdings. That’s why they put part of their capital in international financial centers. Switzerland is one of them.
The World Economic Forum was founded in 1971 following a proposal by Klaus Schwab, a Swiss business professor, to create a space to analyze and find solutions to global problems. Year after year, political leaders, business personalities and intellectuals have picked up the gauntlet. The World Economic Forum Annual Meeting has become one of the world’s most important centers of social and economic debate. In 2018, the WEF wants to take another step and establish itself as a space for “Creating a Shared Future in a Fractured World,” as its theme says.
Diversification is understood as the process whereby we invest in more than one asset in order to reduce portfolio risk. The lower the correlation between the assets comprising a portfolio, the higher its diversification and the lower the risk associated to it.