Amundi and BNP Paribas pursue scale and expertise through mergers, but integration challenges create uncertainty over long-term benefits for investors, writes Morningstar's Elbie Louw in this week's Expert Panel contribution. Large-scale mergers and …

The Belgian Constitutional Court has partially annulled the most recent reform of the Cayman tax, also known as the look-through tax. This creates opportunities for Belgian individuals who invest through the Luxembourg structures Sicav-SIF and Soparfi. …

It is March 2020 and Italy is in serious trouble. Italian long-term interest rates are rising rapidly, and the spreads with other eurozone countries are widening. Christine Lagarde, then still a brand-new president of the European Central Bank (ECB), gets …

The groundbreaking acquisition of AXA Investment Managers by BNP Paribas is becoming increasingly concrete on the ground. In Brussels, AXA IM Benelux is being dissolved after nearly thirty years. The branch in Amsterdam will also disappear. The French …

The United Kingdom’s new ESG fund labels have struggled to gain traction. As Brussels prepares to overhaul the Sustainable Finance Disclosure Regulation (SFDR), a senior Morningstar expert warns Europe not to copy London’s model. Hortense Bioy, global …

Government bonds from countries that score high on the United Nations Sustainable Development Goals have outperformed the global market-weighted bond index over the past three years. Active management in government bonds began a comeback in 2022, when the …

This week’s overview of people transfers and appointments includes updates from Trustmoore, Quintet and Fundcraft. Fernandes Da Cunha leaves Efa for Trustmoore Trustmoore has named Paulo Fernandes Da Cunha as country head for Luxembourg, subject to final …

European investors are once again facing a textbook currency hedging environment as the dollar weakens and the cost of protection falls. With the euro expected to strengthen further, portfolio strategies are increasingly being shaped by how much, not …

For decades, it was an iron law for investors: in the long run, the stock market follows economic growth. A thriving economy translated into rising corporate profits and thus higher share prices. But anyone who has watched the past thirty years closely …

European insurers face stricter guidance on AI governance after EIOPA issued its landmark opinion, with major implications for investment managers’ due diligence and compliance strategies, writes Dorothee Ciolino at Norton Rose Fulbright. On 6 August …

Morningstar: BNP, Amundi mergers test investor patience

Dirk Coveliers: partial annulment of Cayman tax 3.0 creates opportunities for Luxembourg structures

ECB swaps the Italy problem for the France problem

AXA IM Benelux ceases to exist

UK ESG fund labels seen as poor example for SFDR 2.0

Sustainable government bonds beat the benchmark

Transfers: New country heads at Trustmoore and Fundcraft

Weak dollar brings classic FX hedging back into play

The profit paradox

NRF: Navigating AI governance in insurance