Esma faces uphill battle to emerge as European SEC
In an interview with Investment Officer, Esma chair Verena Ross outlined her vision and the significant challenges ahead as the regulatory body aims to become Europe’s equivalent to the US SEC.
Luxembourg’s next move: from Ucits leader to alternatives powerhouse
Long the dominant force in Europe’s cross-border fund industry, Luxembourg is now pivoting towards alternative investments as the asset management landscape shifts.
Trump-Trades fade, leaving investors searching for the next big theme
Investors, once emboldened by the so-called ‘Trump trades’ - long U.S. dollar, short U.S. government bonds, and overweight anything American - are now struggling to identify the next structural theme. The big uncertainty: tariffs.
Poland as a proxy for peace restoration in Ukraine
At the edge of the abyss, the most beautiful flowers bloom. According to Sebastian Kahlfeld, senior fund manager at Deutsche Asset Management (DWS), Poland, Ukraine’s neighbouring country, offers a proxy opportunity to invest in Ukraine’s reconstruction.
Morningstar: Impax vs. Schroders in global sustainable equities
Sustainable investing has faced a challenging period since 2021, following years of seemingly unstoppable growth. While investor capital has continued to flow into sustainable funds, the pace has significantly slowed compared to the boom years.
Private banks: gold has a place in every portfolio
The gold price has already risen by more than 40 percent in a year. Private banks are not deterred by this significant price increase from designating the precious metal as the ideal hedge against geopolitical turbulence in the Trump II era.
EFG, Edmond de Rothschild signal accelerating consolidation
Separate moves by Swiss-based EFG and Edmond de Rothschild highlight the intensifying competition among firms seeking scale and specialisation in a rapidly evolving sector.
People moves: Hottinger, BIL, Marguerite, P1, EFG, Colesco
This week’s update on executive moves in and around Luxembourg includes senior appointments at Edmond de Rothschild, P1 Investment Services, EFG International, and Blackrock, alongside key promotions at Marguerite and Colesco Capital.
Germany votes: a return to the 1930s or stability of the 1990s?
Around 60 million Germans are eligible to vote in Sunday’s national parliamentary elections. For decades, German elections have been predictable and uneventful, but this time, much more is at stake—far beyond just the composition of the Bundestag.
‘Animal spirits’
The Bund in Shanghai is a one-and-a-half-kilometre waterfront promenade along the Yellow River. With its luxury restaurants and Italian racing cars, the view of Pudong from Bar Rouge on the Bund resembles the capitalist pinnacle of the communist utopia.