Oil surge raises spectre of 1970s stagflation
Investors are increasingly focused on what the war with Iran could mean for the global economy. The surge in oil prices is reviving fears of stagflation, as higher energy costs threaten to push inflation higher while economic growth comes under pressure.
Juncker warns Europe could lose all seats in the G7
Former European Commission president Jean-Claude Juncker warned that Europe risks losing its remaining seats in the Group of Seven as the continent’s economic weight continues to decline in a rapidly shifting global order.
Noise in the factors
I recently came across an interesting study about the Fama-French factors, those widely used risk factors that underpin how we evaluate investment performance. The findings should matter to every (institutional) investor.
Hoe Europa zich wil beschermen tegen dollarisatie
Met euro-stablecoins en een digitale euro wil Europa tegenwicht bieden tegen de dreigende dollarisatie van de Europese economie. In het betalingsverkeer voor consumenten staat de soevereiniteit van de euro al onder druk, waarschuwt de Europese Centrale Bank.
Chart of the week: is this our umpteenth last chance?
Even before stock market trading in March had really gotten underway, we already knew this month would end up in the history books. You also have to be particularly creative now to write a column that does not touch on what is happening in the Middle East. So here is the expected topic, but with a twist.
Morningstar: Invesco vs Cartesio in EUR cautious allocation
Investors continue to shun EUR cautious allocation funds as fixed income regained popularity.
Fear of higher inflation dampens optimism around bonds
A large share of the bond markets currently offers yields that look attractive, above the magical threshold of 4 percent. But the war in the Middle East is fueling fears that inflation could move in that direction as well, which would erode much of the real return.
What’s driving the gold price? … and other important questions
Gold recently hit record highs before pulling back. Supportive conditions persist but volatility may rise. Gold has historically offered long‑term value and a cushion in volatile markets. Physical gold ETPs provide simple price exposure.
La Française: favorable winds for growth
Written by François Rimeu, Senior Strategist, Crédit Mutuel Asset Management
Investors reassess strategic asset allocation as negative correlation returns
With the restoration of the negative correlation between equities and bonds, the structure of strategic asset allocation is once again under debate among asset owners and asset managers. Was the shift away from the traditional 60/40 portfolio towards a permanent allocation to private markets a lasting course correction — or merely a temporary response to an extraordinary period? Investment Officer spoke to four leading investment professionals.