European regulator Esma is advocating a revision of research rules, expected to take effect next year. Allowing research and trade execution to be paid for jointly again could create new opportunities for smallcap coverage. That emerges from an Investment …

Fidelity hires EMEA head from Santander AM Fidelity International has appointed Samantha Ricciardi as head of EMEA, effective March 2026. She joins from Santander Asset Management, where she served as CEO and led the firm’s transformation into a top-tier …

A majority of large asset managers are most optimistic about equities for 2026, particularly those from emerging markets. US equities remain a strategic cornerstone, while Europe and Japan play a smaller but growing role in geographic diversification. …

Assets managed through discretionary mandates have expanded more slowly in Europa over the past ten years than assets held in investment funds. That is the conclusion of Efama, the European fund industry association, in its latest sector review. The …

In private credit, institutional investors face their biggest risk not in the asset class itself, but in selecting the general partner. Interviews with private market insiders suggest the real danger is a lack of scrutiny of managers. As one manager sums …

The European Union’s push to simplify financial reporting faces a complex reality, with industry leaders warning that streamlining requirements will likely hike costs before delivering relief. At ESMA’s inaugural Data Day, last week in Paris, the …

The traditional 60/40 portfolio is dead, long live the 60/40 portfolio. The classic model in which 60 percent is invested in equities and 40 percent in bonds has been declared obsolete many times in recent years. Yet it stubbornly persists. In fact, it …

Many fund houses mark Liberation Day—the day president Trump announced sharply higher US trade tariffs—as the standout moment of 2025, according to the Investment Officer Outlook Survey 2026. But what surprised asset managers even more was how quickly …

A new UBS study shows that Europe remains a core region for inherited wealth, yet succession patterns are changing fast. Families are relying less on next-generation leadership and more on professional investment management. The UBS Billionaire Ambitions …

It's December, and so the focus is shifting to 2026. As always, this comes with a wave of outlooks that are, unfortunately, often already partly outdated by the time the new year begins. Still, a dynamic is now unfolding that could lead to quite a bit of …

Investors manage just fine with less research on smallcaps

Transfers: Fidelity, La Française, Partners Group, Palana, Schuman, URW, Robeco

Investors favor EM equities over those from the US in 2026

Mandates lose ground to funds

Private credit’s real risk rests with the managers

Simplification push by ESMA risks raising costs before relief

The 2026 portfolio

Resilience in financial markets the surprise of 2025

New generation of billionaires shifts to external management

Chart of the week: big fireworks in 2026?