new technology

The idea that economic growth is a problem is seriously outdated, according to University of Ghent philosopher Maarten Boudry (photo), He called divestment “nonsense” and advised investors to be wary of “green” funds. “There is a lot of irrationality in these so-called ethical investment choices”, he said.

The exuberance in the equity markets is a little too much for the managers of JP Morgan’s €6 billion Global Macro Opportunities Fund. “This was the reason for the investors to increase the number of short positions in shares, via options on the S&P 500 and individual short positions in a few individual titles. We’ve reduced the risk”, said Nicola Rawlinson in an interview with Fondsnieuws, Investment Officer Luxembourg’s Dutch sister publication.