Two major European cross-border asset management relationships are losing momentum, with Italian financial groups reassessing their reliance on French partners. Unicredit is preparing to exit its long-standing distribution deal with Amundi, while merger …

There was a time when private markets moved in neat sequences. A fund manager raised capital, a placement agent opened doors, an administrator handled the paperwork, and a depositary kept watch. Everyone had their lane, their contract, their comfort zone. …

It was fall break in October, which meant plenty of travelers crossed the Atlantic to visit New York. One of the perks: shopping in the Big Apple had become much cheaper than at the start of the year. The euro has climbed from nearly 1.00 dollar to about …

Artificial intelligence has become the dividing line between progress and obsolescence in Luxembourg’s financial industry. At both the Bloomberg Luxembourg Investment Summit and the LPEA Insights Conference, senior figures warned that firms ignoring AI do …

Claude Marx, head of Luxembourg’s financial supervisor CSSF, has issued a clear warning to the financial sector: Europe's banks and asset managers area falling behind in the race to adopt artificial intelligence. “We are facing an economic revolution and …

It took a little longer than expected, but the delayed US inflation figure for October came in just slightly below expectations. That means that, by the time this column is published, the Federal Reserve will have cut interest rates by another quarter …

Two weeks ago, we wrote that gold was poised to skyrocket. Last week, it took its biggest hit in a decade. Markets have a way of humbling both investors and journalists, and few assets do it as reliably as the yellow metal. “Gold could still double,” …

Allocation managers overweighing eurozone stocks have done well so far this year while currency management and off-benchmark exposures like gold have also moved the needle for some. After withdrawals over the previous two calendar years, allocation funds …

Earlier this month, Meta announced that it would finance the construction of a new data center through debt issued via an SPV, while Oracle is setting up two debt facilities for two data centers. Investors do not see this move toward more “exotic …

The bulk of US economic growth this year can be attributed to data centers. But what will all that infrastructure be worth once chips arrive that are a hundred times more energy-efficient than today’s models? There are an awful lot of them now, those data …

Italy cools on French fund groups as UniCredit exits Amundi deal

The great intermediary reboot

A strong euro? Quite the opposite

AI becomes dividing line between progress and obsolescence

CSSF chief warns financial sector risks missing the AI revolution

Chart of the week: the short-term memory of investors, economists, and experts

Turns out gold doesn't only go up

Morningstar: AllianzGI versus JP Morgan in allocation funds

Big tech companies take the next step in debt financing

Who will still want those guzzlers later on?