Investment Officer Luxembourg

At the current rate of production, known gold reserves will be exhausted in roughly twenty years. Finding new sources will only become more expensive, but in the meantime, mining company stocks are performing exceptionally well. The gold miners index on Wall Street gained more than 40 percent over the past twelve months.

This week marked the 22nd edition of the Mining Forum Europe in Zurich. For a long time, it was an insider-only event mainly attended by mining companies, but with the recent surge in the gold price, there was much more room this time for a broader, macro-driven perspective.

The 2025 stock market got off to a turbulent start. The once unwavering confidence in U.S. equities—particularly the Magnificent 7—is beginning to show cracks. At the same time, European and Chinese stock markets have surged out of the gate, a scenario few investors anticipated at the end of 2024, given the prevailing narrative of American exceptionalism.

Vincent Juvyns will join ING Belgium as chief investment strategist on 15 April, after twelve years at J.P. Morgan Asset Management.

Sustainability experts have reached an agreement on an objective approach for calculating avoided CO₂ emissions. On Thursday, a dozen asset managers introduced a harmonized, open methodology that allows for meaningful comparisons of economic activities and investments in this area. Until now, parties were able to use vastly different reference scenarios in such calculations.

Investment Officer Luxembourg is introducing l’Hebdo IO Luxembourg — a dedicated weekly newsletter in French.

Private debt continues to expand in Luxembourg, but regulators, fund managers and legal experts warn that the market is becoming harder to navigate

This week’s overview of career moves in and around the Luxembourg financial centre includes hires at Nordea IM, Palana, and Lombard Odier, a promotion at Sofindev, and a new business development lead at Oceanside Financial Services.