Esma faces uphill battle to emerge as European SEC
In an interview with Investment Officer, Esma chair Verena Ross outlined her vision and the significant challenges ahead as the regulatory body aims to become Europe’s equivalent to the US SEC.
‘Health care can regain its role as a safe haven’
The health care sector continues to lag behind the broader equity market, but according to sector analysts, investor pessimism is overdone. Innovation, improving earnings growth, and declining political risks could give the sector renewed momentum in the coming years.
Transfers: Quintet, BNPP AM, Arendt, CSSF, Aztec, HSBC, Deutsche
This week’s overview of appointments and transfers includes updates from Quintet, Arendt, CSSF, Aztec Group, HSBC, Deutsche Bank, EdRAM, and Fidelity.
Het einde van de macrobelegger
Als er iets is dat de beleggingswereld kenmerkt, dan is het dat die vol zit met clichés, papegaaien en een enorme tegenzin als het gaat om verandering. Het is soms lachwekkend hoe beursexperts twintig jaar lang dezelfde oneliners produceren of je bedelven onder hun ‘beurswijsheden’.
From Middle East uncertainty to Singapore and Luxembourg
As geopolitical tensions rise, capital is quietly repositioning. Luxembourg is emerging as a European anchor for globally minded family offices, with Singapore reinforcing the shift from the Asian side.
Luxembourg slams idea of centralized EU supervision
The elephant in the room, centralized supervision, was impossible to avoid during the Association of the Luxembourg Fund Industry’s annual Global Asset Management Conference in Kirchberg on Tuesday. Though in favor of supervisory convergence, Luxembourg remains firmly against centralized supervision by Esma, the European securities and markets authority.
European investors ‘are misreading the cycle’
European investors are approaching the current crisis using analytical frameworks from previous crises. According to chief strategist Mabrouk Cherouane of Natixis Investment Managers, this reflex leads to misinterpretations that directly affect asset allocation.
Wars drive innovation
Necessity breaks laws, but it also breaks existing patterns, paradigms, and drives innovation. Necessity is, after all, the mother of invention. Not abundance or curiosity, but circumstances in which delay is not an option.
The carbon premium that never existed
Imagine this: you predict stock returns for January 2026 using company data from all of 2026. Data that only becomes available during that year (or even afterward). Sounds absurd? Yet this is exactly the methodological foundation of one of the most cited findings in climate finance: the carbon premium.
Evergreen is no El Dorado, says Indosuez’s Dauman
Evergreen funds are pushing private markets toward a wider investor base. Olivier Dauman of CA Indosuez says that expansion has clear limits. “I think evergreen is a nice evolution of this market. I don’t think it’s the El Dorado of private equity,” he told Investment Officer.