The public markets are shrinking, but private capital is booming, and Luxembourg is quietly building the exchange of the future. There was a time when every ambitious entrepreneur dreamed of ringing the bell at a stock exchange. The IPO was a …

Pimco chief executive Emmanuel Roman warned that the asset-management industry’s obsession with attracting cash risks diluting performance and investor trust. “My philosophy is simple. I try to do a good job with the money I already manage,” Pimco Chief …

After years of underperformance, investors are once again paying attention to commodities. They are using gold to hedge against higher inflation but also recognize the growth potential tied to the energy transition. Commodity prices are known for their …

So far this year, the euro has appreciated by no less than 13 percent against the US dollar. That drop in the dollar’s value — because that’s what it really is—was first explained as America discarding its “exceptionalism” under Trump. Then came the …

In October, the US failed to deliver one of its most closely watched economic reports: the monthly jobs data. The blackout has deepened doubts over whether the world’s largest economy can still produce reliable data, even once the releases resume. The …

Equity markets in emerging countries extended their strong performance from the first six months of 2025 into the third quarter. Led by heavyweight China, as well as Colombia, Egypt, Peru, Thailand, and South Africa, the segment delivered a 10 percent …

Europe’s fee war is entering a new phase. Morningstar’s latest European Fund Fee Study finds that while the steepest cost declines are over, new competitive forces are reshaping the industry. Morningstar analysts said the rise of new fund structures could …

This week’s overview of people moves in the investment industry includes new leadership appointments at Zedra, Cube Infrastructure Managers, River Global and more. Cube IM Cube Infrastructure Managers, based in Luxembourg, has appointed Julie Bonamy …

Assets in European thematic ETFs have climbed to a record 52 billion euro, the highest level since the post-Covid “everything bubble.” While a record number of thematic funds closed in 2024, the category is making a comeback this year, led by the themes …

Despite growing awareness, nature remains a hard sell for investors. As political rhetoric around ESG cools, some investment firms are trying to position natural assets, from forests to oceans, as a credible investment theme. But convincing investors that …

The death of IPOs, long live Luxembourg

Pimco’s ceo Roman warns fund industry against AUM-obsession

‘Gold could still double in price’

Chart of the week: the euro is heavily overvalued

The US is entering an era of ‘post-truth statistics’

Morningstar: Aberdeen versus Invesco in global emerging markets equities

Another wave of price pressure hits European fund managers

Transfers: Cube IM, Align, Zedra, River Global

Defense and AI push European thematic ETFs to record size

Investors struggle to price nature’s true value