Asset Manager

Milleis Banque Privée anticipates a scenario for 2026 similar to 2025: moderate global growth and disinflation. In a still volatile environment, diversification remains the key theme. With this in mind, the bank plans to reduce the share of cash investments in favor of listed and unlisted bonds, and to diversify its equity portfolios.

This week’s roundup highlights senior hires and partner promotions across Luxembourg and Europe, including new roles at Belasko, Innpact, Deutsche Bank, Schroders and Loyens & Loeff.

With the pullback of the dollar and the decline in (short-term) interest rates this year, emerging markets have finally come back into favor. Well below the radar, however, frontier markets have already enjoyed growing popularity among a select audience for some time.

The global race to dominate artificial intelligence may feel a world away from Luxembourg, yet the Grand Duchy’s private banks and asset managers are watching the frenzy with growing interest.

In 2020, VanEck chose Liechtenstein to lay the foundation for its first crypto investments. Since then, the crypto team has expanded significantly. According to VanEck, this is a preview of what the future of fund management may look like.

Europe’s fund market is on the brink of a major reshuffle. Under SFDR 2.0, the European Commission’s revised sustainability rulebook, non-sustainable Article 6 funds are set to become the dominant category at the expense of the most popular sustainability category, Article 8.

European equities are getting more interesting, say asset management and private banking experts at Quintet, Pictet and Artemis Investment Management.

At the World Pensions Conference in London, experts pointed to Australia and Canada as models Europe can no longer ignore when it comes to investing in private markets.

The ECB has given stablecoins a place in its Financial Stability Review. In a report containing the term stability assessment, you would expect the focus to be mainly on risks, but even then the ECB’s approach is striking. The unapologetic desire to favor the traditional banking sector is more than telling.

The classic 60/40 investment strategy is still alive and well, though its merits have been a matter of debate in recent years.