Eltif 2.0: ‘The threshold reduction is a gamechanger’

Nearly a decade after the European Long-Term Investment Fund (Eltif) made its initial, albeit underwhelming, debut, Natixis Investment Managers heralds the arrival of its successor, Eltif 2.0. “The threshold reduction is a gamechanger,” said Anne Macey, Natixis’ Global Head of Public Affairs, in a note to investors.

Picks-and-shovels strategies alive as Nvidia fuels AI gold rush

Artificial intelligence and semiconductor stocks rallied late Wednesday during after-hours trading after Nvidia wowed Wall Street with its Q4 earnings. Investors seem to bet on more demand for “picks-and-shovels” in today’s AI-gold rush, echoing dot-com optimism according to some. 

Belgium sees growing support for ‘common defence bonds’

A proposal to enhance European defence collaboration by raising €100 billion through the issuance of Eurobonds in financial markets is gaining momentum among EU finance ministers.

Vincent Van Peteghem (photo), the Finance Minister of Belgium, presently holding the presidency of the European Council, voiced his support for the concept of ‘common defence bonds’ on Wednesday.

Carlyle bites back in debate over risks in private credit

The Bank of England (BoE) this week reiterated its concerns about the risks of higher interest rates and limited data disclosure in private credit markets. Harvey Schwartz, CEO of The Carlyle Group with some 380 billion dollars under management, believes those concerns are exaggerated.

World could see its first ‘trillionaire’ in next decade

The global wealth gap has alarmingly widened since 2020, with the top five richest men globally having more than doubled their fortunes. In stark contrast, nearly five billion people worldwide experienced a decline in their financial wellbeing, a study by anti-poverty group Oxfam revealed on Monday.

Released to coincide with the World Economic Forum Annual Meeting in Davos, the report painted a grim picture of economic disparity.

The report also said that the world could see its first trillionaire within the next decade.