Georg Oehm

Georg Oehm founded Mellinckrodt & Cie, in Zug, Switzerland, in 2008. He served as general manager and partner in a financial communications boutique in Frankfurt am Main, founded the CFD Association e.V. and served as its first general manager. He worked in business development and in the M&A business at the Metallgesellschaft AG for five years, followed by a five-year tenure in the field of special restructuring projects. From 2011, he was a member of the administrative board at the Zenergy Power Plc and at the Synety Group Plc from April 2011 to January 2016. Dr. Oehm serves as chairman of the advisory board at InCity Immobilien AG. He completed his Ph.D. at the University of Kiel, department of economics and social sciences. He started his career as a banking apprentice at the Dresdner Bank in Frankfurt am Main. Subsequently, he earned a degree in business administration in Mainz and Kiel.
The correction at the stock markets in February 2018 clearly left its mark. In the universe of European stock funds, an outperformance of the actively managed products compared to the passive products is very noticeable. Mellinckrodt, Mainfirst Top European Ideas, and the Frankfurter Aktienfonds für Stiftungen have all done significantly better in this first correction after almost two years than...

Continue reading

The election is coming up shortly in Italy, and the markets show little concern before the event. Very different from the sentiment with respect to Brexit or the presidential election in the USA or France. The more surprising is it that Ray Dalio, the fund manager of the biggest hedge fund worldwide, has come into the spotlight of the media with his huge short positions in European stocks. The economy...

Continue reading

Stock market expert Robert Halver expects that the central banks will prevent the financial bubbles from bursting. We are not so sure about this. The volatility guys from the computer kitchen showed the markets last week how it can go when what is not supposed to be does happen. Flash-crash-wise it went by quickly, but the volatile crypto crash may not be over yet. Risks I. The price of oil and...

Continue reading

From early December 2017 to late January 2018 the global stock markets experienced an intense price increase, in which Mellinckrodt was able to partake, not least because the fund was fully invested until late January. Please note that on the day this report is published the portfolio structure is completely different. We started to starkly reduce the stock quota on February 1. We are currently...

Continue reading

The year 2017 took a very positive course for stocks, and the Mellinckrodt fund, too, showed a very encouraging development with a price increase of +18.32%. Since the fund launched in late 2013, the capital gain has totaled +47.79%. Mellinckrodt as European all-cap fund with focus on Switzerland and Germany was able to further increase its lead over the ETFs at the DAX and the Stoxx 600 in 2017....

Continue reading

The dragon is awakening: Why China is important for stock investors
Why China is important for stock investors. Everyone is talking about Bitcoin—you’re better off keeping your eyes on oil. This is not about your kids learning Chinese or about you buying Alibaba stocks. This may or may not make sense. Twenty-five years ago, China was, from an economic standpoint, as big as Turkey. Since then, the Chinese have been knocking on the door of the U.S. and are...

Continue reading

In November 2017, stock markets developed differently. While the S&P 500 in the U.S. and the SMI in Switzerland were up slightly, DAX and Stoxx Euro 600 lost a little. The Mellinckrodt fund, too, showed a slight decline in prices of 2.5%. Mellinckrodt’s performance of approximately 15% in the year 2017 is still significantly above that of the DAX and Stoxx Europe 600. In the top 10 positions,...

Continue reading

I. Macro Hypothesis The economic cycle is far advanced. Due to the concurrently positive economic development worldwide we assume that European consumers will have more money in their pockets this year and next year. The favorite child of the Germans, the automobile, should benefit from this. When business goes well, companies treat their employees to extra benefits. Individuals, too, concern themselves...

Continue reading

Bahnhofstraße in Zurich at Paradeplatz
I. Bahnhofstraße Among the world’s shopping streets, Bahnhofstraße in Zurich, Switzerland, stands out with the highest rents for shops in Europe. CHF 15,000 (approx. €13,000 or $15,000) per square meter (approx. 10.8 square feet) annually are normal. It is clear what stores you’ll find there if rent for retail space of 100 square meters (just over 1,000 square feet) comes out to CHF 1.5 million...

Continue reading

The speed is increasing. Asia, long since a pivot and focal point, continues to gain political and economic significance. There are not only bad news–like those from Korea–but also good news from China. Korea Kim Jong-un, as I have learned this week, apparently has lived in Switzerland for 11 years. He speaks Berner Dütsch [a form of Swiss German spoken in the city of Bern], can sing songs from...

Continue reading

Stay up to date

Sign up to receive the latest news and insights from Mellinckrodt.

You may opt out at any time.

© 2020 Mellinckrodt & Cie. AG ・ Zugerstrasse 74 ・ CH-6340 Baar, Switzerland

Nutzungsbedingungen

Willkommen – Welcome

Zugang zur Website / Access to the website

Die nachfolgenden Informationen sind nur für Personen bestimmt, die ihren Wohnsitz in der Schweiz haben. Mit dem Zugriff auf diese Webseite bestätigen Sie, dass dies der Fall ist.

The following information is only intended for persons who are resident in Switzerland. By accessing this website you confirm that this is the case.