In the United States, a sense of self-satisfaction about Europe is palpable. But how sustainable is this bravado? Debt underpins America’s dominance, yet even that has its limits. As one economist puts it, “There’s an illusion of invincibility in the …

Financial journalists and market experts have a new gimmick: the "Trump trade". With another four years of the Trump show ahead, we might derive all sorts of investment ideas from the yet-to-be-implemented policies. But I have my doubts about most of …

Thematic funds have grown significantly in size, number, and prominence globally over the past five years. Despite recent underperformance, these funds seem to maintain a lasting role in investors' portfolios. Higher costs, greater volatility, and the …

Blackrock, the world’s largest asset manager, is poised to acquire HPS Investment Partners for approximately 12 billion dollars, according to the Financial Times. The deal underscores BlackRock’s strategic push to expand its private credit business in a …

The war between Russia and Ukraine is prompting European asset managers to reconsider defence stocks, partly at the urging of their clients. Belfius Asset Management (Belfius AM) has avoided investments in the weapons and defence sectors for years. The …

This week’s overview of transfers and appointments in the fund and asset management community highlights international law firms Herbert Smith Freehills and Simpson Thacher & Bartlett hiring in Luxembourg to establish a presence in the Grand Duchy’s …

European asset managers are grappling with a quadruple challenge: fragmented markets, capital outflows to the United States, demographic shifts, and a profound transformation of the industry. Sandro Pierri, CEO of BNP Paribas Asset Management and …

Luxembourg has never felt like a real country to me. It's hard to explain, but it has always seemed like an anomaly in the heart of Europe. This perception is partly shaped by my upbringing, which kept me outside of Luxembourg’s social fabric. Over 40 …

The gap between the US and European stock markets has rarely been so wide. This week, the escalation in Ukraine has driven the markets even further apart. One sector, ironically enough, is bravely holding its ground: defense. For investors looking to …

The chair of the European Securities and Markets Authority (Esma), Verena Ross, has struck a cautious tone on proposals for the EU to develop a new "basic and simple investment product" for retail investors, while making clear that the authority still …

Thirty-six trillion reasons to question the American bravoure

Chart of the week: fade the trade

Morningstar: playing chess with thematic funds rarely leads to profit

Private credit: Blackrock said to buy HPS for $12 billion

Belfius AM considers a return to defence stocks

Transfers: HSF, Simpson Thacher set up shop in Luxembourg

Sandro Pierri: Good old days in asset management are over

Luxembourg: Living parallel lives

Defense stocks shield Europe against market malaise

Esma chief still sees merit in basic and simple investment product