Asset Manager

Artificial intelligence continues to be underestimated—both in terms of its scale and the speed of its adoption. We’ve seen this story before. Each time, revolutionary technologies were massively underestimated by analysts, investors, and even the most optimistic visionaries. The same is happening now with artificial intelligence, but at a pace that puts all previous technological revolutions in the shade.

Global equity investors faced a challenging first half of the year. An optimistic start quickly gave way to turmoil as President Trump’s trade war and escalating geopolitical tensions unsettled markets.

The EU’s plan for a Savings and Investment Union risks falling flat unless it completes the banking union first, warns Amundi’s Mahmood Pradhan.

It’s done. With the deciding vote cast—no less—by Vice President J.D. Vance, the “One Big Beautiful Bill” passed in the US Senate. Yet another piece of evidence that bond investors stubbornly refuse to acknowledge: their asset class is becoming obsolete.

Amundi COO Guillaume Lesage, in an interview, reveals how Alto is trying to break Aladdin’s spell, offering a European SaaS alternative in portfolio management tech.

Hind El Gaidi, head of Luxembourg at ICG, has been appointed president of the Luxembourg Private Equity and Venture Capital Association (LPEA).

The U.S. has dropped plans for a controversial tax provision that would have targeted foreign investors, but tax experts say the risk of fiscal retaliation hasn’t gone away.

For generations of investors, the gospel was simple: invest in a balanced portfolio with 60 percent stocks and 40 percent bonds. This sacred formula was passed down from wealth manager to wealth manager, from father to son, as an immutable law of financial physics. But what happens when artificial intelligence scrutinizes this age-old wisdom?

This week’s overview of people transfers and appointments includes updates from Luxflag, Baker McKenzie, EFG Bank, and EuroCTP.

Investment advisors are getting better at their jobs, according to the distribution teams at asset managers who work closely with them. They’re using more data, stress-testing portfolios against historical scenarios, and educating their clients more effectively. This leads to more stable behavior among end investors.