I recently came across an interesting study about the Fama-French factors, those widely used risk factors that underpin how we evaluate investment performance. The findings should matter to every (institutional) investor. The researchers downloaded …

Even before stock market trading in March had really gotten underway, we already knew this month would end up in the history books. You also have to be particularly creative now to write a column that does not touch on what is happening in the Middle …

A large share of the bond markets currently offers yields that look attractive, above the magical threshold of 4 percent. But the war in the Middle East is fueling fears that inflation could move in that direction as well, which would erode much of the …

Investors continue to shun EUR cautious allocation funds as fixed income regained popularity. Over the past three calendar years, funds in the EUR cautious allocation category saw more than 25 billion euro worth of outflows whereas those in the globally …

For more than a century, it has been “very unwise” for investors to position themselves against the United States, according to professor Paul Marsh of London Business School. The US is likely to remain dominant in terms of market size in the future, but …

Law firm DLA Piper has appointed Cathrine Foldberg Møller as partner in its finance practice in Luxembourg. She advises financial institutions on regulatory matters across banking, payments, investment services and financial promotions. She joins from …

Luxembourg’s financial regulator has updated its supervisory priorities for sustainable finance for 2026, reinforcing scrutiny of sustainability disclosures, governance frameworks and portfolio alignment across the financial sector. In a March update …

With the restoration of the negative correlation between equities and bonds, the structure of strategic asset allocation is once again under debate among asset owners and asset managers. Was the shift away from the traditional 60/40 portfolio towards a …

The sharp rise in the Swiss franc following U.S.–Israeli strikes on Iran has brought an issue back into focus that many believed had been settled: negative interest rates in Switzerland. The Swiss National Bank resorted to verbal intervention on Monday …

Stocks follow earnings per share. Over the long term, the correlation between earnings growth and share price performance is as high as 98 percent. Everything else is noise. Macro fears, geopolitical tensions, quarterly results that fall short by a …

Noise in the factors

Chart of the week: is this our umpteenth last chance?

Fear of higher inflation dampens optimism around bonds

Morningstar: Invesco vs Cartesio in EUR cautious allocation

The end of US exceptionalism? Not quite.

Transfers: DLA Piper, RBC Bluebay, HSFK, JP Morgan AM, Anthos, Blackrock

CSSF tightens ESG supervision as EU rulebook shifts

Investors reassess strategic asset allocation as negative correlation returns

Negative Swiss rates back in focus as Franc surges

Share prices follow earnings, always