Last week, U.S. Treasury Secretary Scott Bessent gave a rather striking interview on CNBC. He floated the idea that it might be time to examine just how well the Federal Reserve is doing its job. Given how vocal Donald Trump has been in criticizing Fed …

JP Morgan Asset Management’s actively managed U.S. equity ETF is now the largest of its kind in Europe—and the most widely held active fund in fund-of-funds portfolios. How did it get there? Not by bold bets, says portfolio manager Piera Elisa Grassi, but …

While many economists were once again forecasting a recession and plenty of so-called market experts were calling an end to the rally, equity markets are celebrating summer with new record highs. I’m curious to see how they’ll explain their latest miss. …

The second quarter of 2025 provided ample opportunity for tactical trades, as markets whipsawed in every direction. Inflation fears broke out following Liberation-Day tariff announcements from the US, which led to a rapid spike in bond spreads. Spreads …

It was June 2008 when I flew to New York to meet Paul Volcker for the first time. That trip is memorable for two reasons: first and foremost, of course, for the opportunity to sit down and talk with Volcker. But also because that week, EUR/USD reached its …

As Brussels prepares for what could become the toughest trade sanctions in years, financial markets remain strikingly calm. With just one week to go until the U.S. deadline of August 1, European policymakers are finalising retaliation measures that could …

Private bankers are in hot demand across Europe as private banks double down on growth. But not just any banker. The real prize today is the hunter, a relationship manager with a strong commercial drive, deep networks, and the ability to bring in new …

This week’s overview of people transfers and appointments includes updates from Apex Group, EY Luxembourg, DWS Group, Aberdeen, Coutts, CMS Luxembourg, GAM and HSBC Asset Management. Apex Group John Amberg has been appointed as chief compliance officer by …

The ECB may be standing still, but the ground beneath is shifting. With eight rate cuts behind it since September 2023 and another still on the table, the second half of the year could bring more drama than the quiet summer suggests. The path forward is …

Partners Group has spent the past decade at the forefront of opening up private markets to a broader investor base. With semi-liquid evergreen strategies and tailored mandates, the Swiss investment group, anchored firmly in Luxembourg, positioned itself …

Ruffling feathers in finance

‘Modest’ JP Morgan active ETF climbs to top of European charts

Chart of the week: celebration

Morningstar: Robeco versus Blackrock in global high yield bonds

ECB frustrated by strong euro, shows its inconsistency once again

Brussels readies ‘nuclear option’ as tariff deadline nears

Private banks race for growth as ‘hunters’ return to favour

Transfers: Apex, EY, DWS, CMS, Aberdeen, Coutts, GAM, HSBC

Strong euro clouds Lagarde’s roadmap

Semi-liquid strategies test Partners Group’s resilience