Asset Manager

European smallcaps have delivered significantly better results this year than their US counterparts. Yet smallcaps weighed on ING’s portfolio returns.

In a world where climate risk is becoming an increasingly prominent factor, I argue that the psychological perception of this risk has a significant and measurable impact on asset prices.

It has been an eventful year so far for emerging market debt. Investors have enjoyed strong returns in US dollars, with the JPM GBI-EM Global Diversified index gaining 11.4 percent through July. India’s weighting in the benchmark has increased, but not all fund managers are equally enthusiastic about the country’s prospects.

The fee structure of an investment fund is more than a contract: it is a barometer of trust between fund manager and investor. Nothing frustrates a client more than paying a performance fee in a year with a negative total return, even if the manager has outperformed the benchmark.

Robinhood, the Silicon Valley-based brokerage known for disrupting Wall Street with zero-commission trading and meme-stock mania, is making a bold play for Europe. Its strategy? Rewire equity markets using blockchain.

Against a wave of skepticism, Schroders is one of the few large firms openly championing continuation funds. Nils Rode, chief investment officer at Schroders Capital, argues the criticism is overblown. The funds, he says, typically offer about 25 percent faster liquidity, more predictable returns, and fees that are roughly half those of traditional buyouts.

Lovely vacation or not, some things never change. Like the seemingly endless task of filling lunch boxes for school kids. But also, France’s political instability never ends. The simple reason is that the underlying problem—its budget mess—can no longer be cleaned up.

Wie instapte na de aankondiging van de Amerikaanse importheffingen (2 april), behaalde bijna 30 procent. Hoe moet het nu verder en waar te beleggen?

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.

Far fewer deals, much less fresh capital: private equity managers have had a particularly hard time in recent months. A shake-out seems likely, specialists believe. The sector has run into its limits.