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Date
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May 6, 2024
Investing,Opinion

A grim macro picture

The U.S. economy has long enjoyed what might be called a Goldilocks scenario: robust growth paired with gradually declining inflation. However, recent data suggest that those days are behind us. Take, for example, the recent GDP figures which illustrate a …
May 3, 2024
Products

Turbulent times for ecology sector funds

Ecology funds invest in companies that contribute to resolving the myriad environmental challenges facing our society. The funds in the Morningstar Equity Sector Ecology category experienced a peak in 2020 and 2021; however, subsequently, they witnessed a …
May 2, 2024
Sector,Laws and Regulations

Ireland launches its first three Eltifs under new EU regulations

Ireland has marked a significant milestone by registering its first three European Long-Term Investment Funds (Eltifs) under the revamped European framework during April, according to the Dublin-based national financial supervisor. The details of these …
May 2, 2024
Investing

Norway parliament to debate oil fund investments in private equity

The Norwegian parliament is poised to debate the merits and drawbacks of incorporating private equity investments into the country's mammoth 1,490 billion euro sovereign wealth fund, the largest globally. The government is hesitant about unlisted funds, …
May 2, 2024
Transfers

Transfer Thursday: LuxSE, EFG, Edmond de Rothschild

This week’s overview of transfers, appointments, promotions and other people news includes updates from the Luxembourg Stock Exchange, EFG Bank, Edmond de Rothschild, UEL and Mapfre. Laetitia Hamon Laetitia Hamon (photo), head of sustainable finance at …
April 30, 2024
Sector

After two years, the IPO market shows signs of life

After a two-year hiatus, the IPO market is showing signs of life, with private equity firms seizing the opportunity to take their portfolio companies public. This year has witnessed several notable IPOs, including those of Douglas, Reddit, Birkenstock, …
April 30, 2024
Asset Allocation

Asset managers struggle with defence investments

For years, it was taboo for funds to put money into arms manufacturers. Now, with the focus shifting to the protection weapons provide rather than the damage they cause, they are coming back into the picture as an investment. Asset managers fear being …
April 30, 2024
Asset Managers,Asset Allocation

Baillie Gifford: cautious investors undervalue growth stocks

Equity investors cling excessively to certainties and undervalue innovations, leading to particularly strong return prospects for certain growth stocks, asserts Tim Garratt, an investment specialist at Baillie Gifford. Baillie Gifford, specialising in …
April 30, 2024
Opinion

ECB: Practice what you preach!

I devour every speech and interview given by ECB board members, relishing each word. Yet, despite my enthusiasm, Christine Lagarde's turns at the podium often leave me cold. Her discussions frequently veer away from monetary policy, straying into …
April 30, 2024
Sector

In 1959, Luxembourg joined the century-old fund revolution

One hundred years following the establishment of the inaugural open-ended equity fund, modern actively managed mutual funds appear to grapple with an ambiguous future. Between early 2021 and late 2023, investors extracted over $1 trillion from active …