From 2 August 2022, a European Commission regulation comes into force (Commission Delegated Regulation 2021/1253 of 12 April 2021) as part of MiFiD II that requires providers of investment advisory and discretionary portfolio management services to …

With a recession looming in Europe, investors again are on the lookout for suitable safe havens. Ethenea’s investment strategist Andrea Siviero, who manages the firm’s 60-million-euro Hesper Fund - Global Solutions together with Federico Frischknecht, …

And then things moved fast. Business confidence fell to worrying levels in July, making a recession, especially in Europe, seem inevitable. The S&P Global Flash Composite (Manufacturing + Services) PMI for Germany fell to 48.0. Well below the “magic” …

A recent study conducted by Boston-based State Street has found evidence of “green shorting”, a phenomenon in financial markets where investors borrow shares of companies with a weak sustainability profile and sell them in the hope they can buy them back …

The risk of recession and persistent inflation resulted in a correction of almost all risky assets. Also high yield bonds ended the first half of the year with heavy losses. An update: Interest rate hikes in developed markets caused most bond categories …

Luxembourg-based steelmaker ArcelorMittal, the world’s second-largest, on Thursday posted higher-than-expected earnings thanks to rising prices but warned that it sees risks in inflation, the ongoing war in Ukraine and the effects of the Covid-19 pandemic …

The US Federal Reserve announced an expected 75 basis point interest rate hike on Wednesday evening. Inflation pain will now have to be carefully weighed against the threat of an economic recession. Equity markets reacted positively to the announced …

Global asset managers are concerned that the European Union’s regime for corporate sustainability reporting does not fully match their needs and that it could risk making Europe less attractive for international investors as the rules remain to be aligned …

Swing pricing “has become common market practice” in the Luxembourg fund sector to manage liquidity at times of volatility in the market, according to a recent industry survey by the Association of Luxembourg Fund Industry, or Alfi. Swing pricing is a …

European bond funds experienced a fifth straight month of net outflows in May as inflation continued to rise and markets anticipated tightening of monetary policy in Europe and the United States, according to data on 29 countries posted by the European …

MiFID II client sustainability preference rule comes into effect

Ethenea’s Siviero sees Swiss franc, yen as safe havens

Chart of the week: Rough and tumbling business confidence

‘Green shorting’ emerges as new phenomenon in State Street study

Top 5 Global High Yield bond funds: UBS in the lead

ArcelorMittal sees risks in growth, inflation and China

Markets welcome 75 bp rate hike by Federal Reserve

‘EU sustainability reporting rules need global alignment’

Swing pricing now ‘common practice’ in Luxembourg

Bond funds see 5th straight month of net outflows in May