WTax: AI in withholding tax: substance over hype
Artificial intelligence offers meaningful efficiency in withholding tax recovery, but expertise remains critical. Both elements can (and must) work together.
Forget ‘superstar city’: a new look at REIT cash flows
A groundbreaking study shows that “superstar cities” systematically lag in total returns — a crucial insight for valuing REITs (real estate investment trusts). The explanation lies in lower rental yields and surprisingly low risk, which fundamentally changes how future cash flows should be assessed.
Donald Trump and the Nobel Peace Prize
The recent developments in the Middle East make one thing absolutely clear: president Donald Trump deserves the Nobel Peace Prize. This is the logical conclusion if we look at what the prize is supposed to reward: concrete peace achievements that save lives.
Investors struggle to price nature’s true value
Despite growing awareness, nature remains a hard sell for investors.
The death of IPOs, long live Luxembourg
The public markets are shrinking, but private capital is booming, and Luxembourg is quietly building the exchange of the future.
European small- and mid-caps: towards an upswing?
In the long term, small- and mid-cap companies tend to outperform large caps. It is this prospect of excess returns that compensates for the increased risk associated with the higher volatility of this asset class.
‘Gold could still double in price’
After years of underperformance, investors are once again paying attention to commodities. They are using gold to hedge against higher inflation but also recognize the growth potential tied to the energy transition.
Weathering the climate challenge with data
Van Lanschot Kempen uses sophisticated climate data to assess the potential impact of natural hazards on valuation and price-in the risks. How do we approach this?
Pimco’s ceo Roman warns fund industry against AUM-obsession
Pimco chief executive Emmanuel Roman warned that the asset-management industry’s obsession with attracting cash risks diluting performance and investor trust.
Chart of the week: the euro is heavily overvalued
So far this year, the euro has appreciated by no less than 13 percent against the US dollar. That drop in the dollar’s value — because that’s what it really is — was first explained as America discarding its “exceptionalism” under Trump.