JPM AM: ‘We came into crisis from position of strength’
Amid lingering fears of stagflation and a possible recession, investors are hard pressed to find opportunities in today’s markets, if any. Market experts at JP Morgan Asset Management believe that those willing to look at fundamental factors underpinning equities, also in Europe, can find ways to enrich their portfolios with some specific quality growth stocks if they know where to look.
State Street Luxembourg embraces transformation
Investment services powerhouse State Street, leader in Luxembourg’s asset services market, is undergoing a transformation. The upcoming integration of Brown Brothers Harriman, data management, ESG requirements, digital asset management and the rollout of its upgraded Alpha business platform are on top of mind for country head Ricardo Lamanna. “We create an environment where we progressively shift from being an operational organisation in Luxembourg to being a client-facing organisation.”
DWS CEO Wöhrmann resigns after 'green-washing raids'
Less than a day after the “green-washing raids” by German authorities on the Frankfurt offices of Deutsche Bank and its asset management arm DWS, the bank said Asoka Wöhrmann will resign as chief executive officer at DWS. Stefan Hoops, a long-time Deutsche executive, is named as his successor.
Hoops has served as Deutsche’s head of corporate bank for the last three years. He has been with the bank since 2003.
Deutsche Bank, DWS raided for suspected greenwashing
Frankfurt investigators on Tuesday raided Deutsche Bank and the nearby offices of asset management arm DWS. The suspicion is that DWS is guilty of so-called “greenwashing”. It is alleged that the asset manager systematically exaggerated the sustainable nature of its products.
Luxembourg Raif helps handle German nuclear waste
The long-term financing of the storage of German commercial radioactive waste is being provided in part through a Luxembourg Raif that was established earlier this year. Kenfo, the German sovereign wealth fund that established the fund, has given InvestmentOfficer.lu some more details about its investment purpose.
In response to inflation, we must be bold and optimistic!
In response to inflation, we must be bold and optimistic!
Comgest’s Kang: China sees turmoil as an opportunity
Jasmine Kang, Hong Kong-based portfolio manager at Comgest, recently visited Luxembourg and explained to Investment Officer how China sees the current global financial conditions as an opportunity to “decouple” and become more self-sufficient. China’s centrally managed economy is well placed in a world where rising interest rates, surging commodity prices and increasing geopolitical tension continue to haunt global investors.
Chart of the week: the ECB has turned!
The decision is made. The ECB will also raise interest rates now that inflation is showing few signs of cooling. But this also increases the risk of a classic policy mistake.
PGIM Investments: Real Estate Investing in an Inflationary Environment
Rick Romano of PGIM Real Estate explains how inflation can be positive for real estate investments.
'Systemic greenwash', scientists ask to ditch SDGs
More than one hundred scientists are calling on the United Nations to ditch the 17 Sustainable Development Goals, or SDGs. According to the signatories of a joint letter, the world’s problems cannot be solved with the same ideology that created them.