Bond outlook 2025: rate cuts as an opportunity
Bond investors have good reason to be positive about the coming stock market year: This is the outlook for 2025.
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Thomas Kirchmair
Head of Global Fixed Income, Senior Portfolio Manager
Thomas Kirchmair is a Senior Portfolio Manager and Team Leader. In this role, he is responsible for the following funds:
In his role as Portfolio Manager, he develops derivative overlay strategies for interest rates, credit and currencies.
Before joining Zürcher Kantonalbank in 2015, Thomas Kirchmair worked as a portfolio manager for Notenstein Asset Management AG. Prior to that, he spent two years as an internal strategist and proprietary trader at UBS AG. Prior to that, he gained experience at MEAG Ergo, Union Investment and Deka Investment, where he worked for more than ten years as a fixed-income portfolio manager for aggregate and emerging markets products. Thomas Kirchmair holds a degree in economics (Mag. FH) from the University of Applied Sciences Kufstein, which included a year abroad at the University of Padua.