Jerome Powell is facing what may well be the most important speech of his career. This week, at the annual Jackson Hole symposium, the Federal Reserve chair must not only defend his policy, but also the very principle of central bank independence. …

In a year marked by political divergence on climate, Morningstar compares two Article 8 high-yield bond funds navigating Europe’s evolving ESG landscape: Aberdeen Investment's Abrdn Euro High Yield and Columbia Threadneedle European High Yield. The year …

Strong inflows at Amundi, Natixis, DWS and Allianz show investors’ appetite for income strategies. But equity outflows, particularly in active funds, and margin pressure reveal an industry split between volume growth and conviction. Amundi ended June at …

A September rate cut now carries a 93 percent probability, according to CME’s FedWatch. The country’s largest banks, meanwhile, can’t even agree on the year, let alone the month, as their strategists make the rounds on U.S. financial news. The Producer …

Europe’s most boring sector is piping hot. Bank stocks are outpacing the S&P500 for the fifth straight year, defying recession fears and fading rate tailwinds. Banking analysts at Schroders and JPMorgan still see room for more gains. While much of the …

This week’s overview of people transfers and appointments includes updates from Flow Traders and Blackrock. Flow Traders Thomas Spitz has been appointed chief executive officer of Flow Traders, the Amsterdam-based market maker announced. He succeeds Mike …

Henk van Eldik has lived and worked in Luxembourg for decades. As an expert on the funds industry, he sees how the Grand Duchy continues to evolve as an innovative European investment center. This article is part of a seasonal series highlighting stories …

Vanguard now owns more shares in MicroStrategy than its founder Michael Saylor despite publicly dismissing crypto as speculative. The irony is hard to miss, but the real lesson is that so-called passive investing is becoming anything but passive. …

Northern Trust Asset Management has recently made a significant expansion to its quantitative investing team, prompting a shift in its approach. “AI now allows us to explore ideas that were previously impractical,” says ‘newcomer’ Gijsbert de Lange. But …

Many institutional investors rely on market indicators such as beta to manage the systematic risk in their portfolios. Beta shows to what extent a portfolio moves in line with the market. But how well do investors really understand this relationship? New …

The robot central banker

Morningstar: Aberdeen vs Columbia Threadneedle in HY fixed income

Strong inflows mask tensions in Europe’s fund landscape

US banks split on Fed’s next move as market grows certain of cut next month

Analysts see even more upside in European banks

Transfers: Flow Traders, Blackrock

Henk van Eldik: ‘Luxembourg is at its best when it’s informal’

When the index calls the shots

AI unlocks new avenues for quant investing at Northern Trust

Why even pros get beta wrong