‘The 24/7 trading trend is becoming increasingly inevitable’
European stock exchanges are edging closer to 24-hour equity trading, but cautiously and unevenly.
Strong euro clouds Lagarde’s roadmap
The ECB may be standing still in terms of monetary policy but the ground beneath is shifting. The strong euro complicates the picture.
Brussels readies ‘nuclear option’ as tariff deadline nears
With just one week to go until the U.S. deadline of August 1, European policymakers are finalising retaliation measures that could place transatlantic relations under severe strain.
Private banks race for growth as ‘hunters’ return to favour
Private banks race for growth as ‘hunters’ return to favour. Who wins the client, and who keeps them loyal?
‘EMD is more than a currency play’
Investors still too often view emerging market debt (EMD) as a simple choice between hard and local currency. That’s a missed opportunity, says Cathy Hepworth, who established PGIM Fixed Income’s EMD team 30 years ago. According to her, the true strength of the asset class lies in its diversity.
‘Shy ETF’ reignites active-passive investing debate
The accelerating growth of active ETFs is blurring the lines between active and passive management. Critics warn that it may be an old trap in a new disguise: funds that claim to be active but behave almost exactly like an index—the so-called closet trackers.
US prepares ‘controlled demolition’ of existing financial system
The US government is preparing a shock therapy approach that amounts to a controlled demolition of the current system. The goal is to turn the United States into the global hub for digital currencies.
No easy fix for world’s copper deficit, says industry executive
While this week’s spike in copper prices may have grabbed headlines, veteran mining executive Ernest Mast, based in Toronto, believes it signals something deeper: a market entering a structural phase shift, complicated by geopolitics, policy, and supply-side inertia.
Asset allocators mainly want to boost bond investments
A combination of increased volatility and ongoing political and economic uncertainty is pushing financial institutions in Europe and Asia toward bonds. Asset allocators at several hundred of these firms expect to significantly increase their allocation to the asset class.
Cyclical sectors benefit most from artificial intelligence
The development of artificial intelligence (AI) is set to transform many industries. In addition to the software sector, heavy industry and mining may be among the biggest winners, according to experts.