Investing

European asset managers are increasingly looking at semi-transparent ETFs to reduce the risk of intellectual property leakage. However, the relatively new vehicle has yet to generate unanimous enthusiasm.

After studying politics, Jean-Paul Daragjati set his sights on finance through a hands-on master’s in wealth management at the University of Luxembourg. Now a private banker at Edmond de Rothschild, he says the secret to success is to never stop learning.

With the start of a new year, the professionals making the wheels of Luxembourg’s funds sector spin may be considering changing jobs. Recruitment experts share their perspectives on the state of the industry and the trends shaping it.

What began as a tool for measuring risks evolved into a normative framework, only to return under political pressure to its core: the G. After 25 years, ESG has come of age, but not without scars.

Debt is no longer rising quietly in the background of the global economy. For investors, the question is how much additional issuance markets are willing to absorb, and at what price.

After a volatile year, the question arises where the best risk-return profile will be found in the coming years. That is why this month’s question to our Market Talk panel, on this occasion with all seven members present, is: what will be your favorite asset class in 2026, and why?

Nathalie Bausch, CEO of DWS Investment SA, reflects on the strategic importance of the Luxembourg platform within the DWS group, current allocation trends among professional investors and what to expect as the market looks ahead to 2026.

For the second time, the editorial team of Investment Officer conducted a year-end survey among large asset managers operating in Europe. The aim was to assess their outlooks for 2026 based on a standardized set of proprietary questions. The common thread is that risks have become structural, without leading to a flight from risk assets.

The private markets model is edging into the US retail retirement system, where policymakers are moving to allow 401(k) investors to gain exposure to private assets, potentially opening up a trillion dollar market to alternative managers as early as February.

Geopolitical risk once entered markets through sudden shocks. Going into 2026, leading investment managers and economists see a more persistent source of pressure: structural forces reshaping a world that is fracturing.