Investment Officer Global

Jamie Dimon, chairman and chief executive officer of JPMorganChase, has warned that global bond markets are heading toward a crisis unless policymakers act before markets force their hand, pointing to a compounding mix of persistent government deficits, geopolitical instability and inflation pressures that sovereign debt has yet to fully price in.

A Belgian-led private fund, structured as a Luxembourg RAIF, at the center of a Dutch regulatory probe has acknowledged serious failures in governance and investor reporting, as it attempts to rebuild trust with two wealth managers whose clients were exposed to the structure.

This week’s update on people moves includes news from Perwyn, Lalux, Clifford Chance, Alumia, and Universal-Investment.

Oil prices will have to climb much higher to stabilise global markets as disruptions in the Strait of Hormuz deepen, JPMorgan said. For import-dependent Europe, the risk of slower growth and higher inflation is rising by the day.

In times of uncertainty, it is even more crucial to invest in the human connection that is at the heart of private banking, said Stéphane Pardini, CEO of Wealth Management at Quintet Luxembourg, in an interview with Investment Officer.

From the 17th floor of the Rembrandt Tower in Amsterdam, Blackrock has a clear view of a market where scrutiny of its climate strategy is intensifying. Pension funds, policymakers, and activist groups are raising questions about the role of the world’s largest asset manager in the energy transition.

With no end to the war with Iran in sight, talk of a recession is resurfacing. Yet other indicators suggest that the bull market is far from over.

Geopolitical conflict and renewed inflationary concerns sapped the wind from high-yield sails.