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Date
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February 20, 2025
News,Wealth Managers

EFG, Edmond de Rothschild signal accelerating consolidation

Two Swiss-headquartered private banks with a significant presence in Luxembourg this week underscored the growing consolidation in European wealth management, each announcing separate acquisitions. The separate moves by EFG and Edmond de Rothschild …
February 20, 2025
Transfers

People moves: Hottinger, BIL, Marguerite, P1, EFG, Colesco

This week’s update on executive moves in and around Luxembourg includes senior appointments at Edmond de Rothschild, P1 Investment Services, EFG International, and Blackrock, alongside key promotions at Marguerite and Colesco Capital. Penny Lovell UK CEO …
February 19, 2025
Asset Allocation,Investing

Germany votes: a return to the 1930s or stability of the 1990s?

Around 60 million Germans are eligible to vote in Sunday’s national parliamentary elections. For decades, German elections have been predictable and uneventful, but this time, much more is at stake—far beyond just the composition of the Bundestag.  The …
February 19, 2025
Opinion

‘Animal spirits’

The Bund in Shanghai is a one-and-a-half-kilometre waterfront promenade along the Yellow River. With its luxury restaurants and Italian racing cars, the view of Pudong from Bar Rouge on the Bund resembles the capitalist pinnacle of the communist utopia. …
February 18, 2025
Investing

BLI’s Wagner: Trump’s unpredictability makes market forecasts a gamble

The difficulty in making any kind of financial forecast caused by the rapidly changing policies of newly-in-office right-wing US president Donald Trump got Banque de Luxembourg Investments’s cio Guy Wagner some sympathy during a recent lunchtime outlook …
February 18, 2025
Investing

US inflation figures pressure private equity stocks – history suggests buying

US inflation rose to 3 percent in January, exceeding economists' expectations of 2.9 percent, reinforcing arguments for a more cautious approach to interest rate cuts by the Federal Reserve. The unexpected increase rattled both equities and bonds last …
February 17, 2025
Laws and Regulations

Frédéric Vonner (PwC) on streamlining ESG-regulations: “More attention to transition investing needed”

The European Commission has pledged to simplify regulations for sustainable funds this year. Frédéric Vonner, sustainability expert at PwC Luxembourg, hopes that transition investments will gain more recognition in the process. With the maze of …
February 17, 2025
Opinion

Chart of the week: Powell vs Trump, interest versus rhetoric

A beneficial side effect of President Trump is that we can trash all incoming macro figures without further analysis. That saves time and provides space to focus on what will almost certainly be a titanic battle: Powell vs Trump. While multiple empirical …
February 14, 2025
Investing

Masterpieces or market assets? The fine line between art and commerce

With some exceptions, investors have tended to view art as a niche asset class—volatile, illiquid, and largely the domain of collectors rather than institutional portfolios. But what if the real opportunity lies not only in expensive paintings and …
February 14, 2025
Expert Panel

Morningstar: Robeco versus Blackrock in Financials

Investors have plenty of choices. The financial services sector encompasses a diverse universe from which portfolio investors can make their selections. Traditionally, banks and insurers dominate, but companies involved in payments, stock exchanges, …