Private equity has never lagged so far behind publicly listed equities in terms of returns. The asset class faces major challenges, including disappointing distributions, higher financing costs, and geopolitical uncertainty. Has private equity lost its …

The problem with private credit is not that it might blow up the financial system. It’s that it might just not be a very good investment. That is the central claim of new research by a group of academics led by Jeffrey Hooke, senior lecturer in finance at …

“Climate change is not a scenario for the distant future; it’s already affecting all asset classes,” said Lisa Backes, deputy CEO of Hauck & Aufhäuser Fund Services, during the LuxFlag Sustainable Investment Week in Luxembourg. For banks, sustainability …

No, I haven’t started a Chinese course. Unfortunately, because I think it would be quite useful these days. The title of this column is the Chinese word for “mirage” or “illusion.” Hot air, in other words. Just like the impressive Chinese growth figure …

During the third quarter of 2025, investors who assumed moderate credit and duration risk were rewarded, as the European Central Bank kept interest rates unchanged at its July and September meetings, while the US Federal Reserve cut rates once in …

Last week, the French government survived two motions of no confidence, mainly by promising not to raise the retirement age from 62 to 64 for the time being. For S&P, however, this was reason enough to downgrade France’s credit rating from AA- to A+. It …

Lucienne Andring has spent years listening to families talk about money and what it really means to them. At Banque de Luxembourg, where she heads the key clients division, she is helping turn the handover of wealth from a financial transaction into …

Disrupted supply chains, volatile market conditions, and lagging investments have made investing in the water theme challenging. In recent years, European investors have withdrawn billions from water funds. Has impact investing in water had its best days? …

This week’s overview of people moves in the investment industry includes new leadership appointments at Debevoise & Plimpton, Arendt, LPEA, and Eversheds Sutherland. Debevoise adds funds partner in Luxembourg Debevoise & Plimpton has appointed Veronica …

“Automation must not strip the soul out of asset management: artificial intelligence should support compliance, not replace human expertise,” said Luke Varley, general counsel at Park Square Capital LLP, during last week’s Alfi conference Synergies for …

Bluemetric: private equity – one step back and two forward?

Private-credit LPs told to worry about returns, not cockroaches

Luxembourg banks see sustainability as a strategic issue

Chart of the week: 海市蜃楼

Morningstar: Candriam versus Robeco in global high yield bonds

Vive la France!

The great wealth transfer: how Banque de Luxembourg builds continuity

Why water investments are struggling

Transfers: Debevoise adds Aroutiunian as funds partner

Under pressure, investment sector seeks scale and efficiency