Perret

"The aftermath of the attacks and rising Middle East tensions did not impact oil prices as many investors expected, including ourselves," Unigestion multi-asset portfolio manager Sandrine Perret said.

"It's a very difficult market," said Sandrine Perret, multi-asset portfolio manager at Unigestion.

But language is ultimately about people, Perret says.

Marianne Perret, its founder and chief operating officer, says the milieu is the method.

"I wouldn't be surprised if this is the first earnings season and then the subsequent Q2 earnings where you will see the impact of the tightening feeding into the real economy," said Sandrine Perret, multi-asset portfolio manager at Unigestion.