Artificial intelligence can erode wealth management costs
The application of artificial intelligence can significantly lower wealth management costs and help non-investors in Europe start investing wisely. “AI is simply automation that can provide positive nudges — for example, to not sell when the market crashes.”
Morningstar: Corporate bond funds cautiously defensive
Morningstar this week looks at euro corporate bond funds and compares Janus Henderson with Invesco. After tariff tensions rattled markets, fund managers remain cautiously positioned in defensive sectors despite temporary relief.
Fed independence questioned as Bessent is floated as Powell successor
Scott Bessent, the U.S. Treasury Secretary and key architect of President Trump’s economic agenda, is being discussed as a potential successor to Federal Reserve Chair Jerome Powell. Bloomberg cited anonymous sources saying his name has been floated for the role.
Optimizing your allocation through exposure to the gold theme
The gold market has risen sharply since the start of 2025, driven by favorable economic and political risks (inflation, geopolitical uncertainty, Trump’s return to power, massive central bank and investor buying, etc.)
The dollar: a currency of contradictory views—time for an update
Some analysts are talking about the end of dollar dominance. They primarily point to the erosion of international trust among trade partners and the high debt levels of the United States. A weakening appears to be on the horizon, they write.
Transfers: Hugo Bänziger appointed chair of Quintet board
This week’s overview of people transfers and appointments in and around Luxembourg includes updates from Quintet Private Bank, Banque Raiffeisen and PWC Luxembourg.
The dollar remains king
The US dollar has experienced a spectacular decline in recent months. Investors call it a correction, analysts see a turning point, and pessimists even predict the end of dollar hegemony. But let’s pause for a moment. While the dollar is indeed falling rapidly, it is far from collapsing.
Vanguard’s Joe Davis: Treasury will top 7 percent this decade
There’s an 82 percent chance the 10-year Treasury yield will exceed 7 percent before the end of the decade, according to Joe Davis, global chief economist at Vanguard. The odds of yields topping 9 percent? One in five.
Private equity advisors reject ‘Ponzi’ label on continuation funds
Continuation funds face mounting criticism over self-dealing and inflated valuations. Private equity specialists however see reality as more nuanced.
Morningstar: Blackrock vs. Ninety One in concentrated global equity funds
“Diversification is the only free lunch in investing,” said Harry M. Markowitz, the father of modern portfolio theory. He referred to the idea that broad diversification is likely the best way to limit portfolio risk without sacrificing returns.