AXA IM: Macroeconomic outlook 2022: Compression, decompression, absorption
2020 was a year of massive compression of economic activity. 2021 was a year of fast decompression, with demand catching up quickly as we were reopening, exerting significant pressure on supply, triggering a rise in consumer prices unseen in decades.
Impending US default puts markets on edge
US politicians will have to raise the debt ceiling again on 15 December to avert the first ever default on US obligations. A so-called “default” puts at risk payment obligations such as interest on debt. Investors are getting very nervous about this.
New Degroof Petercam CEO: firm in sweet spot
Hugo Lasat has been officially appointed as the new CEO of Degroof Petercam, succeeding Bruno Colmant, who will focus on the private banking activities, thanks to a regulatory green light. With the appointment of Lasat, who led DPAM’s institutional activities for ten years, continuity is assured. The focus is on stronger branding and further internationalisation.
PGIM Investments: The investment implications of technological disruption
The impending wave of technology-driven disruption in the services sector will offer active investors ample opportunity across a host of industries.
Carmignac: A complex continent like Europe requires a differentiating approach
Discover Carmignac Portfolio Patrimoine Europe, a Fund built to take advantage of Europe’s many sectors and opportunities.
Luxembourg-based asset manager launches Bitcoin ETP
Invesco has announced the launch of a Bitcoin ETP (exchange-traded product) aimed at giving institutional investors a “straightforward and effective” exposure to the cryptocurrency.
Invesco is a global independent management firm with a Luxembourg presence in Kirchberg, Invesco Management S.A.
Mandate fees discounted 5 to 15%
During negotiations on the fee that asset managers charge institutional investors for the management of a mandate, providers give an average discount of 5 to 15%. However there is no transparency about the average price that providers actually charge for mandate management, explained Duncan Higgs and Kathryn Saklatvala, following the publication of their research into fund house fees last week.
LuxFLAG launches sustainable insurance product certificate
The Luxembourg Fund Labelling Agency (commonly-known as LuxFLAG) has announced the launch of its Sustainable Insurance Product Label certification product.
This certification will be awarded to “eligible insurance products that assist with the transition to mitigate and adapt to the climate crisis, as well other environmental and social issues” that are part of the United Nations Sustainable Development Goals.
UBS AM: Is core real estate pricing overheating?
As we come out of the pandemic there are still considerable challenges ahead for European real estate, says Zachary Gauge, Head of Real Estate Research & Strategy at UBS Asset management in his latest Real Estate Outlook.
Investment Outlook: bickering over corrections
“The equity market is moving towards a bubble”, said Jeroen Blokland said during the annual Fondsnieuws Investment Outlook, organised by Investment Officer Luxembourg’s Dutch sister publication. High valuations and exaggerated growth expectations make the probability of corrections in 2022 very high. This statement did not meet with unanimous approval. According to Edin Mujagic, chief economist at OHV Asset Management, this is in fact the ideal environment for equities.