‘Euro stablecoin stands or falls with support from major banks’
A dozen major European banks have joined forces to offer a euro stablecoin to clients by the end of this year. “We have a better chance of creating a broadly supported stablecoin than fintechs,” said Floris Lugt, CFO of Qivalis, the joint venture that will issue the crypto payment instrument.
Beijing’s handshake
While the whole world was watching the Serena Hotel in Islamabad, where the ceasefire negotiations on Iran were taking place, the real news last week unfolded 6,000 kilometers away.
Why short-dated bonds make sense in uncertain times
Why short-dated bonds make sense in uncertain times
Investors are getting used to war. That worries Pieterse-Bloem.
The conflict in the Middle East hit financial markets less hard than expected. Rabobank strategist Mary Pieterse-Bloem sees in that not just relief, but a risk.
Heinzl takes helm at Quintet as cost pressure defines next phase
The new chief executive of Europe’s quietly ambitious private bank starts work this week. His profile suggests a fixer. The question is what he intends to fix.
Value investing is growing up
For much of the past decade, value strategies have been widely dismissed. Ultra-low interest rates, scarcity of growth, and the relentless rise of Big Tech left value investing looking like a relic of a financial past.
The Great Monetary Illusion: Why equity markets soar in a fragile world
Many investors today look at global equity indices and wonder how markets have risen so sharply over the past two decades in an environment marked by tepid economic growth, recurring geopolitical shocks, and bouts of inflation.
Chart of the week: inflation peak
I have been watching the financial markets with some amazement for the past few weeks. A US president threatening the eradication of an entire society, while equity markets remain largely unchanged. Then a fresh TACO triggers a recovery rally of several percent, even though there is nothing more than a two-week ceasefire and ongoing uncertainty. For anyone looking even slightly ahead, a clear bump appears that we will all have to get over.
Morningstar: Invesco vs First Sentier in global emerging markets equity
Emerging markets started the year strongly, but geopolitical tensions stemming from the US/Israel–Iran conflict have since tempered sentiment.
Platforms are shifting power dynamics in European fund distribution
The way capital flows is changing. Alongside banks and traditional networks, digital platforms are increasingly claiming a prominent place in this chain. This shift is altering access points to markets and strengthening the role of standardized products in portfolio construction, such as ETFs.