![Capitalisation des intérêts Capitalisation des intérêts](https://images.investmentofficer.com/cdn/ff/l8ki7SnQtmk8LnaW-tX6e1Niw81_YHR3Lp4_ZJb_3ME/1720769784/public/styles/large/public/24Q20117_Compound-Interest_Hero-Article%20%281%29.jpg?itok=dzcRNwBi)
Bruno Paulson
A combination of ebullient and concentrated markets makes for a challenging investment environment, particularly in relative terms. The International Equity team’s response is to continue to think in absolute terms, be fussy on both quality and valuation, and look to compound over the long run.