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Date
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January 6, 2026
Investing

What remains of ‘Who cares wins’? ESG after 25 years in perspective

What began as a tool for measuring risks evolved into a normative framework, only to return under political pressure to its core: the G. After 25 years, ESG has come of age, but not without scars. The rise of sustainable investing is one of the most …
January 6, 2026
Opinion

The continuation of the semiconductor supercycle

The first trading day of 2026 left no room for doubt. While many investors were still recovering from the champagne, chip stocks surged worldwide and set new records. Taiwan Semiconductor and Nanya Technology reached all-time highs in Taipei, while …
January 6, 2026
Asset Allocation,News

Venezuela, Greenland and the return of spheres of influence

When United States forces seized President Nicolás Maduro of Venezuela, the political shock was immediate. The market reaction was not. Oil prices barely moved, investors stayed largely on the sidelines and attention quickly shifted from what had happened …
January 5, 2026
Laws and Regulations

White House reins in proxy firms, curbing shareholder power

For decades, proxy advisers ISS and Glass Lewis have helped shareholders navigate voting at America’s largest companies. Now the US government is moving to scale back their influence, casting the firms as ‘foreign-owned political actors’. Governance …
January 5, 2026
Investing

Geopolitics and AI are testing the cost of capital

Debt is no longer rising quietly in the background of the global economy. Governments are borrowing more to fund security, energy and industrial policy, while companies are tapping markets to finance the build-out of artificial intelligence …
January 2, 2026
Expert Panel

Morningstar: Invesco vs AQR in risk parity funds

Risk parity investors showed renewed optimism in 2025 after several years of underperformance versus the traditional balanced portfolios. Risk parity strategies are typically constructed around an equal risk contribution from equities, fixed income and …
December 31, 2025
Opinion

The economy that eats itself

Something strange is going on. The US economy is growing, but no jobs are being added. In fact, unemployment is rising to 4.6 percent. Normally, it works like this: first jobs are created, then wages rise, then spending increases. Now that order has been …
December 30, 2025
Opinion

From lottery bonds to cryptocurrencies: the rational gamble of the small investor

For the average institutional investor, the appeal of lottery-like stocks—shares with a low price, high potential returns, and extreme volatility—is a mystery. But poorer investors simply reason very differently. An institutional investor looks at the …
December 29, 2025
Investing

DWS positions Luxembourg for its next strategy phase

For Frankfurt-headquarted DWS, one of Europe's three biggest asset managers, Luxembourg has moved beyond its function as a fund servicing centre to become a core platform for scale, governance and product development, according to Nathalie Bausch, chief …
December 24, 2025
Investing

IO asset manager survey: structural risks are rising, but risk appetite holds up

For the second time, the editorial team of Investment Officer conducted a year-end survey among large asset managers operating in Europe. The aim was to assess their outlooks for 2026 based on a standardized set of proprietary questions. The common thread …