Asset Manager

BNP Paribas CEO and Efama president Sandro Pierri stresses that fiduciary duty remains central for European asset managers as the sector grapples with structural challenges, capital outflows, and transformative changes.

Gregory Kennedy reflects on Luxembourg’s unique identity, its state-driven economy, reliance on cross-border workers, and finance-dominated private sector. Is Luxembourg a “real” country?

The gap between the US and European stock markets has rarely been so wide. This week, the escalation in Ukraine has driven the markets even further apart. One sector, ironically enough, is bravely holding its ground: defense. For investors looking to invest in this sector, there still seems to be ample opportunity, though many grapple with ethical dilemmas.

The chair of the European Securities and Markets Authority (Esma), Verena Ross, still believes that a ‘basic and simple’ investment product could help convince more European savers to start investing.

The Belgian UCI tax on Luxembourg funds remains a longstanding point of contention between the two countries. However, a recent ruling by the Ghent Court of Appeal has delivered significant legal and tax advantages for Luxembourg Sicavs.

No less than four of the five wealthiest municipalities in Belgium are located in the Province of Luxembourg, which borders the Grand Duchy of Luxembourg. This Belgian province—particularly its border areas—has been identified as an attractive growth market by private bankers and wealth advisors.

Disruptive technology is shaping nearly every aspect of the global asset management industry, from growth and competition to innovation and acquisitions, according to PWC’s Asset and Wealth Management Survey 2024.

Fed Chair Powell has made no secret of it: he and his colleagues aim to bring interest rates back to the elusive, yet undefined, neutral rate. To reinforce this narrative, the FOMC members filled their forecasts with a significant number of expected rate cuts. However, the question now arises: does inflation actually permit this?

Interest in water funds, like sustainable investing more broadly, has recently waned among investors. This marks a departure from the peak during the COVID-19 pandemic, which saw significant inflows. Although there are more than 40 different funds in this category, only a few manage the majority of the assets.

Europe’s equity market is increasingly viewed as a neglected corner of global investing—overshadowed, overlooked, and unloved.