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POSITION

The Flossbach von Storch magazine

“POSITION” is published regularly and explains how the financial markets work – and how to invest your assets robustly. In addition to practical information on the subject of money, you will find analyses on monetary policy, investment strategy and developments in the financial markets. Our aim is to provide you with topics and thought-provoking issues that will help your professional and personal development.

The latest issue of Position

“The Wrong Hero”

Did you recognise the "hero" on the cover of this issue? No? Let's put an end to the suspense: it is meant to be Pac-Man, the iconic character created by Namco and a star of the early 1980s video game era. In our case, however, he is more of a tragic hero. His silhouette resembles the pie chart shownon page 24. The pie chart illustrates the primary source of retirement income in Germany today: the state pension system. For an ageing society like ours, this certainly does not bode well for the future ...