Investors return to beaten-down software stocks
Software stocks are being repriced as investors reassess how artificial intelligence will reshape the industry. Some fund managers now argue the selloff has gone too far, even as uncertainty around long-term earnings remains unresolved.
Selling America is misreading of bigger picture, US managers say
A mix of erratic political choices has chipped away at confidence in Washington. Yet, as the economic backdrop remains stubbornly solid, the case for US assets is alive and kicking, America’s largest investors say.
Transfers: Schroders, LHoFT, Feri, Goldman Sachs
This week’s update of people transfers in wealth and asset management in Luxembourg and beyond.
Galactic American IPOs set to test passive investors as index rules shift
A wave of massive initial public offerings, including SpaceX, Anthropic and OpenAI, is set to hit US equity markets just as index providers move to fast-track their inclusion. Asset managers expect this combination could inject fresh volatility into passive investment strategies.
Improving Corporate Governance in Asia: A Structural Investment Opportunity
Asia is undergoing a profound transformation in the way corporations are governed. Historically, Asian markets were shaped by control-driven capitalism.
Trustmoore acquires Assetcare
Fund administrator Trustmoore has acquired the fundtech platform Assetcare, the company—primarily active in the Netherlands and Luxembourg—announced on Wednesday. Amsterdam-based Assetcare will continue to operate under its own name.
‘Wealth transfer increases risk of outflows for advisors’
Asset managers and financial planners need to focus more explicitly on heirs in the run-up to the “Great Wealth Transfer” in order to limit asset outflows and safeguard their own future. They should, in fact, behave more like a family office.
Emerging markets: learning to fly
Emerging economies are increasingly learning to fly on their own, thus marking the start of a new cycle of self-sustaining growth for these countries.
‘Euro stablecoin stands or falls with support from major banks’
A dozen major European banks have joined forces to offer a euro stablecoin to clients by the end of this year. “We have a better chance of creating a broadly supported stablecoin than fintechs,” said Floris Lugt, CFO of Qivalis, the joint venture that will issue the crypto payment instrument.