Nordea AM: Diversification flaws to drive demand for alternatives
Investors have encountered experienced several periods of severe market turbulence since the global financial crisis. Fortunately, the sharp drawdowns experienced proved to be temporary, and the bull run for stocks and bonds ultimately resumed.
Capital Group | Mid-Year Outook | Equities | Broader opportunities emerge
Even as the global economic outlook weakens, powerful tailwinds are forming behind certain areas of the equity markets that previously spent many years in the wilderness.
ALFI roadshow in Frankfurt urged to reimagine VUCA
In the face of market volatility, uncertainty, complexity, and ambiguity, a combination popularly referred to as ‘VUCA’, Ingo Mainert, CIO Multi Asset Europe at Allianz Global Investors, urges investors to embrace a fresh interpretation of VUCA: vision, understanding, clarity, and agility.
This perspective came during his keynote speech at Wednesday’s ALFI Roadshow in Frankfurt, a gathering organised by Luxembourg’s 1700-member fund management trade association. The event provided a platform for industry experts to exchange insights on the investment climate and topics pertinent to Luxembourg, attracting roughly 300 delegates.
‘Investment law needs to clarify suspension policies’
Luxembourg’s parliament needs to make sure that its proposed update for the Grand Duchy’s law on investment funds will provide more clarity on how fund redemptions, and in particular suspensions, are to be treated by its national regulator CSSF, the country’s top advisory body has said.
AXA IM: Rain or shine: what to consider for fixed income this summer
Perhaps it is that the summer sun is shining but the situation in the US seems a little rosier than was projected earlier this year…
Valuation adjustments lead to a lacklustre Raif market
Fewer new reserved alternative investment funds are being registered in Luxembourg this year as investment managers are more cautious and VC fundraising has declined. Investor appetite appears reduced but has not disappeared. Dry powder is said to remain available among institutional investors in the alternatives market.
Naming rules divergence in ETF hubs creates confusion
In Europe’s two largest ETF hubs, Luxembourg and Ireland, different rules govern the naming of Exchange Traded Funds (ETFs). While European rules for ETF naming conventions are determined by Paris-based authority ESMA, the implementation by national supervisors CSSF in Luxembourg and CBI in Ireland diverges, presenting both opportunities and risks for ETF providers.
Allianz CIO: ‘Monetary policy is really starting to bite’
The Federal Reserve’s predicted interest rate peak between 5.5% and 5.75% has left many asset managers uncertain about their rate forecasts for the second half of the year. However, Franck Dixmier, the global CIO at Allianz Global Investors, is undeterred by this ambiguity, stating, “Monetary policy is really starting to bite now.”
ALFI appoints Capital Group’s Jean-Marc Goy as new chair
Jean-Marc Goy has been appointed as the new Chairperson of the Association of the Luxembourg Fund Industry (ALFI), the industry body announced on Monday following its annual general meeting. Goy is a board member at Capital Group Luxembourg. Before joining the firm in 2018 he served two decades at the grand duchy’s financial supervisor CSSF.
Schroders : EM private equity, the most effective way to invest for impact?
Schroders : Is emerging market private equity the most effective way to invest for impact?