Investment Officer

An energy revolution thanks to an algorithm and a basic income that is finally on its way? After a year like 2020, things couldn’t get much crazier, but Saxo Bank is playing to this with its 10 “outrageous predictions” for 2021.

The world economy is set for strong growth next year, helped by a broad roll-out of the coronavirus vaccine which will restore confidence. But there is a downside to this development: it will be followed by a strong rise in inflation – of up to 5%.

Simon Ward (pictured), Janus Henderson’s chief economist, gives this forecast to clients in his macroeconomic outlook. He expects a long-term period of substantially higher inflation from 2021 onwards.

Goldman Sachs has registered a new banking entity in Luxembourg this November. The new entity, a branch from Goldman Sachs Bank Europe in Frankfurt, will support the bank’s European business across the private banking, investment, and wealth management space.

The group’s Luxembourg-based entities have grown significantly in recent years, and now include a bank, a fund management company and a number of mutual funds and investment vehicles.

Investment Officer has received a make-over. Its aim is to provide users with a better overview and better arrangement of articles and sections on the website.

‘It’s a good time to be a bit more bullish again,’ says Jeroen Blokland, head of Robeco’s multi-asset team. Especially for equities and commodities, the asset manager is counting on double-digit returns.

The UK financial regulator FCA had extended market access for investment funds from the European Union beyond the end of the transition period following Brexit for up to three years. Alternative investments funds, however, are excluded from the so-called Temporary Permissions Regime (TPR).

The American exceptionalism will finally make way for outperformance of European and EM equities, according to JP Morgan AM’s annual long-term capital market assumptions.

Pfizer’s coronavirus vaccine that sent global stock markets higher on Monday prompted double digit gains in value stocks while growth companies saw their share prices tumble. Is this the long-awaited rotation to value?

The too-close-to-call race in the US presidential elections is the worst possible outcome for investors as it will make it difficult to implement an effective stimulus package for the economy, according to asset managers.

We should bear in mind the persisting uncertainty around the elections will not only affect financial markets, says Kristina Hooper, chief global market strategist at Invesco. ‘Our main concern is social unrest. If this scenario unfolds, I would not be surprised to see a sell-off in more risky assets.’

A victory of Joe Biden in the US presidential election will bring an end to the dominance Wall Street growth stocks in favour of cheaper cyclical stocks, according to UBS AM.