investing

Investors, once emboldened by the so-called ‘Trump trades’ - long U.S. dollar, short U.S. government bonds, and overweight anything American - are now struggling to identify the next structural theme. The big uncertainty: tariffs.

Efama chief Tanguy van de Werve highlights the urgent need for tax harmonisation to overcome fragmentation and create a competitive, unified European market.

In 1993 he made a serious plan to participate in the Olympic Games of ‘96. Emiel van den Heiligenberg (pictured above raising his hands) trained 14 times a week, hours a day. Until, among other things, a hernia threw a spanner in the works. The competition rowing of those days still plays a role in his function as head of the asset allocation team of LGIM.