Trump's return to Davos heralds new age of deglobalization
As global leaders and investors arrive in Davos this week, the central question for markets is no longer whether geopolitics matters, but how quickly political risk is being priced into assets. Donald Trump’s return to the World Economic Forum, where he is due to speak on Wednesday, comes at a moment when institutional credibility, fiscal discipline and capital concentration have become investment variables rather than background noise.
The chart that investors would rather not see
In the run-up to the Senate elections later this year, a presidential candidate has been making some rather odd moves. After briefly plucking away the president of a, at least on paper, sovereign state, and more or less annexing Greenland, again on paper, the chair of the US central bank was next in line. As a result, crucial charts that already tend to stay out of the spotlight receive even less attention. Fortunately, not here.
2026 Perspective: Farmland Strategy
Following a year of transition in 2025, our Farmland strategy is evolving. Arif Saad, Head of Natural Capital – Farmland Solutions, outlines renewed priorities for regeneration, scale and long-term value creation in 2026.
CIOs caution investors against headline-driven decisions
Anyone following geopolitical tensions, the noise around China and the ongoing turmoil coming out of Washington might expect investors to turn defensive. The opposite emerged at the CIO panel during the Investment Officer New Year’s Perspectives 2026 in Amsterdam on Thursday. Chief investment officers from ING, Van Lanschot Kempen, ABN Amro and Rabobank are not retreating, but positioning with intent. Their shared view was that the greatest risk is not geopolitics itself, but investment decisions driven by fear. That perspective ran through the discussion.
Morningstar: Cullen vs Robeco in Global Emerging Markets Equity
Emerging markets outperformed developed markets in 2025 for the first time since 2017, driven largely by strong AI and tech gains in South Korea. This week Morningstar compares the Robeco Emerging Stars Equities fund with the Cullen Emerging Markets High Dividend Fund.
This is what’s in store for Jerome Powell
With the subpoena of Jerome Powell, political pressure on the Federal Reserve has taken on a legal dimension. The timing is striking: Powell’s term still has months to run, yet the White House is pressing ahead now. The stakes extend well beyond the fate of the Fed chair himself.
SFDR 2.0 lacks ‘shades of green’
The product classification in the revised SFDR does not allow for any ‘shades of green’. That is regrettable, because precisely such labels would make investment choices clearer for investors.
Trump’s credit card rate cap would hurt consumers and banks alike
President Donald Trump’s call to cap U.S. credit card interest rates at 10 percent is weighing on bank stocks and raising broader concerns about consumer credit and confidence.
Brazil’s equity market still priced for skepticism
Despite a strong rally over the past year, the Brazilian equity market remains undervalued. Experts say that discount could evaporate quickly if interest rates fall.
Attack on the Fed: why investors should fear Trump’s ‘seesaw effect’
The US Department of Justice has opened a criminal investigation into Federal Reserve chair Jerome Powell. Officially, the case concerns the renovation of government office buildings in Washington. No one should pretend to be naive enough to take that explanation at face value.