Max Severijns

Two major European cross-border asset management relationships are losing momentum, with Italian financial groups reassessing their reliance on French partners.

Two weeks ago, we wrote that gold was poised to skyrocket. Last week, it took its biggest hit in a decade. Markets have a way of humbling both investors and journalists, and few assets do it as reliably as the yellow metal.

The problem with private credit is not that it might blow up the financial system. It’s that it might just not be a very good investment.

The world’s number one US growth manager, according to Citywire’s manager rankings, says fundamentals still rule, even as bubble talk grows louder. He’d rather put his trust in God.

Pimco chief executive Emmanuel Roman warned that the asset-management industry’s obsession with attracting cash risks diluting performance and investor trust.

In October, the US failed to deliver one of its most closely watched economic reports: the monthly jobs data. The blackout has deepened doubts over whether the world’s largest economy can still produce reliable data, even once the releases resume.

US asset managers are finding common ground on one point: the short end of the U.S. Treasury curve is where investors should be. The reasoning behind that stance, however, differs sharply.

Open defiance from Stephen Miran underscores political tensions at the Fed, though markets still expect gradual easing.

Tokenized funds will overtake traditional structures within five years, says Keyrock CEO Kevin de Patoul, citing cheaper, transparent, inevitable on-chain vehicles.

With inflation still running close to 3 percent, investors warn the Federal Reserve may be cutting into a “stagflation-lite” backdrop: weaker growth alongside stubborn price pressures.