The European Central… What exactly? A ‘bank’ in name only
The ECB drifts from its core mission, embracing politics over monetary policy—what does this mean for Europe’s future? Edin Mujagić breaks it down.
RBC BlueBay: DeepSeek shows us that 2025 won't just be about Donald Trump
DeepSeek disruption may inject some reality back into the market.
Wealth managers must accelerate transformation in 2025, says EY
Wealth managers must accelerate their transformation or risk falling behind in an increasingly competitive industry. Sustainability has become a lesser priority, according to EY’s latest annual resolutions.
‘Seeking’ productivity growth
A Chinese AI disruptor shakes up Big Tech—DeepSeek challenges the AI status quo, promising cheaper, efficient models. What does this mean for productivity and markets? asks Jeroen Blokland.
The Fed, Trump’s intuition, and Von der Leyen’s policy reversal
The Fed’s steady hand, Trump’s shifting intuition, and Von der Leyen’s regulatory U-turn—what do they reveal about policymaking and economic foresight? Han de Jong explains.
Perspectives 1/2025
Twice a year, our fund managers analyse trends in the global economy and financial markets. Read the Perspectives issue for the first half of 2025.
Morningstar: Barings versus T. Rowe Price in global high yield bond
Bond markets struggled in the fourth quarter of 2024. Inflation proved sticky in the US, dampening hopes of larger interest-rate cuts and sending long-term bond yields higher. In Europe, political volatility in France and Germany, along with a more moderate outlook for ECB rate cuts in the coming year, dragged bond returns lower.
Private banks keen to embrace tech without undermining values
While digitalisation offers efficiency and scalability, it cannot replace the trust and personalisation that high-net-worth clients expect from their private banks and wealth managers. Investment Officer’s Raymond Frenken reports from The Banking Scene event in Luxembourg.
Norway’s €1.7 trillion wealth fund in conflict with Musk over pay
Norway’s sovereign wealth fund, the world’s largest asset manager, has become embroiled in an escalating conflict between CEO Nicolai Tangen and Elon Musk, after recently released text messages revealed a heated exchange over Tesla’s $50 billion pay package.
Transfers: Romeo Lacher to step down as chair of Julius Baer
This week’s overview of transfers and appointments in and around Luxembourg includes updates from Julius Baer, EY, Allianz Partners, and Federated Hermes.