Asset Servicing

Amundi and BNP Paribas pursue scale and expertise through mergers, but integration challenges create uncertainty over long-term benefits for investors.

It is March 2020 and Italy is in serious trouble. Italian long-term interest rates are rising rapidly, and the spreads with other eurozone countries are widening.

Government bonds from countries that score high on the United Nations Sustainable Development Goals have outperformed the global market-weighted bond index over the past three years.

This week’s overview of people transfers and appointments includes updates from Trustmoore, Quintet and Fundcraft.

For decades, it was an iron law for investors: in the long run, the stock market follows economic growth. A thriving economy translated into rising corporate profits and thus higher share prices. But anyone who has watched the past thirty years closely senses a growing friction with this old wisdom.

European insurers face stricter guidance on AI governance after EIOPA issued its landmark Opinion, with major implications for investment managers’ due diligence and compliance strategies, writes Dorothee Ciolino at Norton Rose Fulbright.

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

The Federal Reserve last week cut interest rates from 4.25–4.50 percent to 4.00–4.25 percent and will lower rates further at the remaining meetings of the FOMC, the Fed’s policy body. This comes even as financial conditions have already improved and there is still an extraordinary amount of liquidity on the sidelines.

Degroof Petercam sees many new opportunities for international cooperation following its takeover by the French Indosuez, said CEO Sylvie Huret in an interview with Investment Officer. Not only within Indosuez, but in the wider ecosystem of parent group Crédit Agricole, which also includes fund giant Amundi.

UK inflation is far too high, and the policy rate is far too low. That might sound odd, but if you look at the regime we’ve been in for more than seventeen years now, the statement makes perfect sense. Let me explain why.