‘Energy pragmatism’ keeps Larry Fink’s mind on climate
Larry Fink, CEO of BlackRock, the world’s largest asset management firm, on Tuesday addressed investors in his annual letter, focusing on three main issues: the need to reshape the pension and retirement system, the national debt crisis, and the imperative for sustainable investments.
Despite explicitly avoiding the term “ESG”, Fink emphasised the need for investments that consider the environmental impact, albeit through a pragmatic lens that balances decarbonisation with energy security.
Vanguard overtakes BlackRock in US fund ranking
Vanguard has edged past BlackRock to secure the top position in Broadridge Financial Solutions’ 2024 Fund Brand 50 (FB50) rankings for the United States. Vanguard also has emerged as the biggest riser among the FB50 rankings in Europe, where it now is a top-10 fund brand.
At Natixis, active management is back
From Paris, Natixis Investment Managers champions active management against passive giants like BlackRock and Vanguard, despite criticism over missed passive investing opportunities.
It’s ECB watchers time!
As the last vestiges of winter’s chill give way to the vibrant blooms of spring, the financial community turns its gaze to Frankfurt for the annual “ECB and Its Watchers” conference.
The 2024 edition unfolded under the brilliant skies of Europe’s financial nexus, courtesy of Volker Wieland and the Institute for Monetary and Financial Policy. This year marked the 24th instance of Wieland orchestrating this esteemed gathering, which has become a cornerstone event for Europe’s monetary policymakers.
Schroders : Lower mid-PE market offers compelling co-investment opportunities
Schroders Capital : Lower mid- private equity market offers the most compelling co-investment opportunities
Capital Group | Why we believe it’s time to exit cash and move back into bonds
The last few months have seen a significant change in the macroeconomic environment and the market debate has shifted from “how many more rate hikes?”, to “when (and how aggressively) will central banks cut rates?”
Luxembourg holds 54.6% share in cross-border funds
Luxembourg continues to dominate the global cross-border fund registration landscape, holding a 54.6 percent market share despite a slight 0.4 percent drop in 2023, according to PwC Luxembourg’s latest Global Fund Distribution Poster. The 24th edition of this annual posted provides an in-depth analysis of the fund distribution trends across over 40 countries.
Another 40 Eltif funds in the pipeline, say experts
Some 40 new Eltif funds, enabling European retail investors to put their money in private markets, are understood to be in the pipeline, due to enter the market in the coming months.
Forget about bubble spotters!
Over the past year, Nvidia’s stock has soared by more than 200%, igniting talks of a “bubble” among the self-proclaimed financial seers. But what precisely do we mean by a “bubble”? This term, often thrown around loosely, lacks a consistent definition among its most vocal proponents.