Asset Manager

The traditional 60/40 portfolio is dead, long live the 60/40 portfolio.

Europe is consolidating its position as the global hub for inherited wealth, but the way that capital is managed is undergoing a radical modernization.

It’s December, and so the focus is shifting to 2026. As always, this comes with a wave of outlooks that are, unfortunately, often already partly outdated by the time the new year begins. Still, a dynamic is now unfolding that could lead to quite a bit of fireworks next year.

Global flexible bond strategies cover a wide range of different approaches. Investors should tread them with caution.

Van Lanschot Kempen is upgrading its investment infrastructure by adopting Amundi’s Alto platform, a move designed to simplify workflows and bring front- and middle-office functions closer together, the Dutch wealth manager told Investment Officer.

While ESG may be politically sensitive, Invesco reports that inflows continue to build. Natixis IM’s US Media Summit in New York showed just how sharply opinions on the theme diverge across the Atlantic.

Buy-and-hold and active management remain the preferred investment strategies among family offices in the Benelux. More than half of their portfolios are allocated to private equity and listed equities.

According to Jan Saalfrank and Lous Vervuurt at Pinsent Masons, the Commission’s long-awaited SFDR reform introduces sharper definitions, stronger disclosures and stricter greenwashing safeguards, a step set to reverberate across Europe’s sustainable finance industry and Luxembourg.

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.