With just five employees, the Luxembourg alternative investment fund manager Converginvest Capital Partners has developed a suite of AI agents to automate financial modeling and due diligence along with investor reporting and back-office administration. …

Until Friday, the direction of travel seemed clear. Markets were pricing in a September rate hike by the US Federal Reserve. Inflation was too high and stubbornly persistent, making a hike appear the logical next step for new Fed Chair Kevin Warsh. The …

After a decade of losing private funds mandates to professional depositaries, custodian banks are back in serious contention. I run selection processes for investment managers and advise the providers who bid on them, and the way managers buy has shifted. …

For decades, 125 Old Broad Street was the beating heart of London’s financial district. More than 20 years after the London Stock Exchange left the building, former traders still associate the address with the start of their careers. Yet their memories …

Ask an investor why they are buying a stock, and the answer is fairly predictable: the company is going to do well. Earnings growth, strong margins, or even a promising pipeline. What almost no one mentions is that the good news has long since been priced …

Despite tighter credit spreads and uncertainty about future interest rate trends, the macroeconomic environment appears relatively favorable, and corporate earnings are proving to be solid. Against this backdrop, we compare MFS Meridian Limited Maturity …

The first decade of Luxembourg's Reserved Alternative Investment Fund (RAIF) established a new model for alternative investment funds. Its second decade begins with a different debate. Some industry specialists see governance and operational flexibility …

Federico Inciarte Sánchez has been appointed head of business development at the Luxembourg-based alternative fund services provider Embankment. He will help build the firm's commercial activities and support the expansion of its Luxembourg office and …

Markets are still not adequately pricing in rising inflation and are underestimating the extent to which higher oil prices will feed through to the entire supply chain. Investors should therefore demand higher term premiums, particularly in the United …

History never repeats itself in financial markets, but it often rhymes. Long-Term Capital Management is a good example. Founded in 1994 by some of Wall Street's brightest minds and built on the celebrated Black-Scholes-Merton model, the hedge fund briefly …

How one AIFM uses AI agents to compress days of work into hours

Fuel for a bubble

Custodian banks are winning back the private funds market

Trading floors: what former traders at 125 Old Broad Street never forgot

Does your fund manager think like a household?

Morningstar: Lord Abbett versus MFS IM in corporate bond short-term

After a decade of success, the RAIF searches for a new growth engine

Transfers: Embankment, Columbia Threadneedle, Berenberg, Fidelity

Carmignac bond executive warns inflation risk is underpriced

The tail wags the dog