Second opinions become strategic tool for asset managers
External portfolio reviews are becoming a core strategic tool for wealth managers navigating volatile markets. For firms like Natixis Investment Managers, Blackrock, and Morgan Stanley, these second opinions deepen client engagement and sharpen their competitive edge.
Dull dividend stocks are making a comeback
The underweighting of expensive U.S. growth stocks is playing into the hands of dividend strategies. Investors are once again showing interest in boring companies with stable dividends.
Record number new ETFs flood the market
In the first four months of this year, a record number of new ETFs entered the market, with active index funds being particularly popular. “All active asset managers in Europe will switch to ETFs within the next ten years.”
Dutch cooperative offers alternative to Luxembourg fund toolbox
New evergreen fund for Dutch private clients launched as cooperative, not as RAIF or Eltif.
For Nassim Taleb, averages are utterly meaningless
Nassim Taleb explains why averages, correlations, and diversification fail investors—and why modern portfolio theory dangerously misrepresents real financial risk.
ING to offer Eltifs to Dutch, Belgian clients by year-end
ING plans to begin offering one or more Eltif funds for private banking clients in the Netherlands and Belgium before the end of 2025.
Europe’s shift revives case for active investing, says J.P. Morgan
At its London media summit, J.P. Morgan Asset Management underlined Europe’s bright prospects and stressed the renewed case for active management.
Critics say continuation funds risk Ponzi dynamics
Continuation funds, once a post-crisis workaround for expiring vehicles in weak exit markets, are booming and find themselves at the centre of growing criticism.
For Nassim Taleb, averages are completely irrelevant
In the world of finance, averages are useless. Concepts like extrapolation, correlation, and diversification do little more than invite disaster—or, at the very least, significantly lower returns than are otherwise achievable. “Modern portfolio theory is bullshit,” declared Nassim Taleb, the legendary author of The Black Swan.
Geneva Truce might not be enough to undo economic damage, investors say
Markets are celebrating the news that the United States and China have agreed on Monday to sharply reduce import duties for 90 days. Whether they’re right to do so is another matter.