How data is reshaping infrastructure
Infrastructure is shifting because the data coming from real systems is changing. What was once
a purely physical asset class is now shaped by information that is not immediately visible.
Evergreen is no El Dorado, says Indosuez’s Dauman
Evergreen funds are pushing private markets toward a wider investor base. Olivier Dauman of CA Indosuez says that expansion has clear limits. “I think evergreen is a nice evolution of this market. I don’t think it’s the El Dorado of private equity,” he told Investment Officer.
Chart of the week: laffer’s line
The signals that citizens and businesses are willing to leave their country if the tax burden becomes high enough are increasing rapidly. As a result, an economic theory that is already fifty years old—and long dismissed as meaningless fantasy—is suddenly taking center stage.
Morningstar: Blackrock versus MFS Meridian in global small- and mid-cap equity
A strong start to the year for smallcaps does not guarantee outperformance in 2026.
Closed oysters, open ears: how families approach wealth transfer
When it comes to passing on assets, Luxembourg’s wealthy are focused on legacy rather than tax optimization, according to Ellen Brullard, chair of STEP Benelux and counsel at Arendt & Medernach. Anticipation is key, though it is more complex than it sounds.
Shipping slows as fuel costs surge, credit strain spreads
Global shipping is slowing as surging fuel costs and mounting risks in the Persian Gulf begin to strain the industry’s finances, forcing companies to cut speeds, seek emergency credit and rethink whether voyages are still viable.
Alternatives form cornerstone of BNP Paribas AM growth strategy
BNP Paribas Asset Management expects its alternatives division to grow by 5 to 6 percent annually and to consolidate its leading position in Europe. The asset manager said it is barely affected by the negative sentiment surrounding private credit.
Middle East: Banks not overexposed, but their borrowers might be
European banks have little direct exposure to the Middle East, says European credit rating agency Scope. However, as tensions in the region threaten to push up energy prices and slow economic growth, the risks for lenders may emerge elsewhere: in the balance sheets of the companies they finance.
Transfers: Langham Hall, Aviva, DZ Privatbank, Trustmoore, Edmond de Rothschild, Pia Group
This week’s European transfers section includes updates from Langham Hall, Aviva, DZ Privatbank, Trustmoore, Edmond de Rothschild and Pia.
Loyens & Loeff: clarified treatment of Target Funds under Eltif 2.0
Sebastiaan Hooghiemstra and Gabriël Storm at Loyens & Loeff examine the latest EU-level guidance on Target Funds under ELTIF 2.0 and its implications for ELTIF managers and product structuring going forward.