Asset managers are tumbling over each other to launch active ETFs in Europe, but the assets mainly go to one party: JPMorgan. Despite critics doubting the added value of active-ETFs, the US bank is proving that alpha is possible. Some 80 per cent of all …

The European Central Bank (ECB) and the Federal Reserve (Fed) have always been markedly different institutions. Their histories, governance structures, operational frameworks, and policy objectives vary significantly. Perhaps the only consistent …

Time and again, the arrival of new technology is underestimated, while the latest technological advancements are adopted at an ever-increasing pace. This makes investing in new technology attractive, as both its profit potential and profit growth are …

Wealth managers must accelerate their transformation or risk falling behind in an increasingly competitive industry. EY’s latest annual resolutions for the sector highlight the urgent need for firms to embrace technology and sharpen their brand …

The AI landscape is in turmoil. A little-known Chinese company has developed an AI chatbot that rivals market leader OpenAI’s technology but at a fraction of the cost. This comes at a time when US tech giants have committed billions to AI investments—an …

Last week, the Federal Reserve unanimously decided to leave interest rates unchanged. This decision no doubt ran counter to the instincts of the US president, who has repeatedly called for immediate and sharp rate cuts. He justifies this stance by …

Bond markets struggled in the fourth quarter of 2024. Inflation proved sticky in the US, dampening hopes of larger interest-rate cuts and sending long-term bond yields higher. In Europe, political volatility in France and Germany, along with a more …

Private banking stands at a pivotal moment, as institutions navigate the balance between technological innovation and the fundamental human relationships that define wealth management. While digitalisation offers efficiency and scalability, it cannot …

Norway’s sovereign wealth fund, the world’s largest asset manager, has become embroiled in an escalating conflict between CEO Nicolai Tangen and Elon Musk, after recently released text messages revealed a heated exchange over Tesla’s pay package. While …

Romeo Lacher will step down as chairman of Julius Baer at the bank’s annual general meeting in April 2025. A successor will be nominated for election in March 2025. Lacher has served as chairman since 2019 and is currently chairman of SIX Group and …

Active ETFs: A gimmick or a proven alpha play?

The European Central… What exactly? A ‘bank’ in name only

The next Microsoft

Wealth managers must accelerate transformation in 2025, says EY

‘Seeking’ productivity growth

The Fed, Trump’s intuition, and Von der Leyen’s policy reversal

Morningstar: Barings versus T. Rowe Price in global high yield bond

Private banks keen to embrace tech without undermining values

Norway’s €1.7 trillion wealth fund in conflict with Musk over pay

Transfers: Romeo Lacher to step down as chair of Julius Baer