Chart of the week: looking past the elephant in the room
The workings of financial markets never cease to amaze from time to time. Especially when they decide to systematically deny the elephant in the room. Equity investors are often blamed for this behaviour, but high-yield investors can also have some of it at the moment.
If there is anything consensus after the demise of Silicon Valley Bank, it is surely that the outflow of bank deposits is leading to tighter lending requirements. Not least because loan-to-deposit ratios have increased.
No policy needed on Reifs: market experts respond to ECB proposal
A recent European Central Bank study calling for a regulatory framework to address instability in the market for Real Estate Investment Funds, known as Reifs, has been downplayed by a growing number of real estate specialists contacted by Investment Officer in Luxembourg and London.
New real estate index adds transparency to Luxembourg
One might have thought Luxembourg’s real estate market was doing well compared to other European cities, but for a long time, exact comparative numbers weren’t available. That’s all changed with the release of a new property index covering Luxembourg, the result of an 18-month long labour-intensive and expensive project.