European fund houses rush to acquire PE firms in ‘existential battle’
The rapidly declining profitability of traditional asset management is driving European fund houses to accelerate their pursuit of smaller players, with private equity firms becoming key targets in a wave of consolidation.
Post-crisis regulation fuels ABS valuation
European asset-backed securities (ABS) are trading at historically attractive levels compared to similarly-rated corporate and government bonds, paradoxically because many see these instruments in connection with the 2008 financial crisis, explained Matthew Wardle, who makes the case for investment-grade structured credit in his role as M&G’s ABS portfolio manager.
The WFH Struggle of Benny Bürocratie
Benny Bürocratie is exasperated as his wife drops him off at the Trier bus station. His daughter has been rehearsing for months for today’s school play. Fortunately, his wife can attend and record the event, but Benny has to be in the office.
Private markets: Focusing on value over costs in an overcrowded market
Private markets have transformed from a niche allocation into a mainstream investment strategy, and this shift is reshaping portfolios globally. Navigating this increasingly crowded space requires a sharp focus on value rather than cost, according to Duncan Lamont, head of strategic research at Schroders.
Farming for a better future
Regenerative farming is unique among other sustainable and organic farming systems in that it focuses on quantitative, measurable outcomes, and without dogmatically prescribing how those outcomes should be achieved.
LuxSE exploring ways to create public listing for Eltif funds
The Luxembourg Stock Exchange is exploring ways to create public listings of European Long-Term Investment Funds, private market vehicles that for now are the exclusive domain of high-net worth individuals. A senior official said the bourse, also known as LuxSE, sees a particular role for itself when it comes to enhancing the exit opportunities.
Private debt funds top €500 bln amid concerns over ESG caution
The Luxembourg private debt market has reached a new milestone, surpassing 500 billion dollars in assets under management (AuM) according to the 2024 Private Debt Fund Survey, published by KPMG in collaboration with the Association of the Luxembourg Fund Industry (ALFI). The survey reveals a 21.5 percent growth in AuM, reaching 510 billion dollars, continuing its strong upward trajectory despite global market turbulence.
Our guide to investing in the energy transition
How do you position for something this big? We’ve gathered the best ideas from Fidelity’s investment teams.
PGIM Investments: REIT resiliency in a slowdown
As the rate-cut cycle begins, PGIM Real Estate’s Rick Romano highlights compelling investment opportunities with defensive demand characteristics that will continue to fare well even if the market slows.
Gold soars, but who cares?
It can hardly have escaped your notice: gold is hot! The gold price is currently breaking record after record, and even the ‘mainstream’ financial media can no longer ignore the yellow metal. But when I read these stories, they mostly raise a lot of questions for me. Are traditional investors really that naive now, or are they deliberately looking the other way?