Chart of the week: the balance dance
The word is out! Fed Chair Jay Powell is considering stopping the reduction of the Federal Reserve’s balance sheet. If you think that balance sheet has slimmed down significantly after three years of quantitative tightening, you’re mistaken. Moreover, Powell is putting himself in an impossible position once again by lowering interest rates at the same time.
No hero for Net Zero
The US government shutdown continues and with air travel now affected, there are fears that the economic drag may start to escalate.
Blending markets: a global approach to high yield debt investing
Claudio da Gama Rose discusses how the rise of European and Emerging Markets HY debt is creating new opportunities for investors.
The $7 trillion question – when will cash come off the sidelines?
Marc Stacey, explains why the case for cash is weakening
Morningstar: T. Rowe Price vs MFS in global EM bonds
Emerging-markets hard currency bonds have delivered positive returns for USD investors in every quarter of 2025. However, European-based investors faced negative returns in the first half of the year due to a stronger euro.
S&P megadeal confirms it: data on private markets are big business
Data giant S&P Global, best known for its credit ratings, is strengthening its position in the fast-growing market for private and alternative investments with the acquisition of the London-based platform With Intelligence for 1.8 billion dollars. The seller is Motive Partners, founded by Belgian fintech leader Rob Heyvaert.
World’s top US growth manager puts faith in God, not tech-bubble prophets
The world’s number one US growth manager, according to Citywire’s manager rankings, says fundamentals still rule, even as bubble talk grows louder. He’d rather put his trust in God.
The rise of EMD is not a wave, but an upward trend
Not only this year are bonds from emerging markets an attractive alternative to the volatile debt of developed economies. European asset managers are seeing a structural shift in the financial policies of these countries. Amundi has even recently merged its emerging markets and developed markets teams.
Energy efficiency is the new driver in big tech
Artificial intelligence has unleashed an energy race across big tech, one investors can no longer ignore.