ECB: Everything will be fine with inflation in 20XX
The governing council of the European Central Bank (ECB) lowered interest rates again in October. The bank expects annual inflation in 2026 to reach 1.9 percent, which would align with the ECB’s target of 2 percent annual price increases.
Double whammy: Decarbonisation and de-risking in developing economies
Equity and the principle of “common but differentiated responsibilities.., in the light of different national circumstances” for developing economies was fundamental to the signing of the Paris Agreement.
LuxFlag chair: ‘We’re entering a new era of labelling’
LuxFlag’s Sustainability Investment Week (LSIW24) kicked off on Tuesday, with several speakers sharing their relative optimism around commitments to ESG and impact investing.
Chart of the week: The Way We Were
US inflation has fallen back to 2.4 per cent, not far from the Federal Reserve’s target. In Europe, the inflation levels of the largest economies are already well below the 2 per cent target of the Bank of England and the ECB, just as we saw in the years before Covid.
Marketlink: Private equity needs to innovate in competitive market
Private equity is under increasing pressure to innovate in response to growing competition, according to Hylke Hertoghs and Bastiaan van Slobbe, managing partners at Marktlink Capital.
Morningstar: a good year for high-yield bonds
Spreads on high-yield bonds are tight, and the fundamentals of high-yield look strong. Taking (credit) risks has clearly paid off this year.
MeDirect may fall into the hands of Czech billionaire
Czech Banka Creditas has made a binding takeover bid for the Maltese group over online bank MeDirect. Behind Banka Creditas is relatively unknown billionaire Pavel Hubáček.
Perspectives Q4/2024
Every quarter, our fund managers analyse trends in the global economy and financial markets. Read their views on the fourth quarter of 2024.
Ireland adopts cautious stance on competing with Luxembourg
Ireland’s decision not to introduce its own version of Luxembourg’s highly successful Reserved Alternative Investment Fund (Raif) signals a cautious approach in the global race for private market leadership and reflects concerns over potential problems with liquidity and valuations in this market.
Transfer Thursday: Edmond de Rothschild, Zedra and HSBC
This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Edmond de Rothschild Asset Management, Zedra and HSBC.