Frank Pfeiffer in an inter­view with The Market NZZ: “Kühne+Nagel could become an issue for 2026”

With the Schweizer Aktien­perlen Fonds, Frank Pfeiffer focuses on high-dividend quality stocks whose momentum is intact. For him, Holcim fits this profile perfectly: robust cash flow, strategic develo­p­ment and years of sustained relative strength. At the same time, he is keeping an eye on poten­tial turnaround candi­dates such as Kühne + Nagel, Sika and Georg Fischer – stocks that will only come into question when the market techno­logy brigh­tens up sustain­ably.

Frank Pfeiffer is also consi­stent when it comes to selling: If the momentum changes or the funda­mental basis deterio­rates, he reduces the position. This is why he recently realized a profit on Swiss Re and Lindt & Sprüngli.