Passive by default: is euro credit sleepwalking through a shifting landscape?
Euro credit is often treated as the quiet corner of portfolios – stable, low maintenance, and easy to overlook. That assumption is under pressure. Structural biases and shifting market dynamics are making passive exposure harder to justify.
Luxembourg banks see sustainability as a strategic issue
“Climate change is not a scenario for the distant future; it’s already affecting all asset classes,” said Lisa Backes, deputy CEO of Hauck & Aufhäuser Fund Services, during the LuxFlag Sustainable Investment Week in Luxembourg. For banks, sustainability has become a strategic and regulatory issue at the core of risk management and client relations.
Chart of the week: 海 市 蜃 楼
The title of this column is the Chinese word for “mirage” or “illusion.” Hot air, in other words. Just like the impressive Chinese growth figure that was proudly announced this week.
Morningstar: Candriam versus Robeco in global high yield bonds
During the third quarter of 2025, investors who assumed moderate credit and duration risk were rewarded, as the European Central Bank kept interest rates unchanged at its July and September meetings, while the U.S. Federal Reserve cut rates once in September.
Investors are rediscovering Europe’s value, says M&G
Bhavneet Ahluwalia, investment specialist at M&G, says value investing in Europe is reasserting itself in a changing global landscape.
Vive la France!
Last week, the French government survived two motions of no confidence, mainly by promising not to raise the retirement age from 62 to 64 for the time being. For S&P, however, this was reason enough to downgrade France’s credit rating from AA- to A+. It may seem like a minor detail, but for managers of fixed income funds that require at least AA-rated investments, it created an immediate problem. Did all those French government bonds suddenly need to be dumped?
Quantitative Precision: Seeking to Unlock High Alpha Potential in European Equities
Europe’s fragmented, diverse equity markets may offer a rich source of alpha. Quantitative investment approaches can capitalize on market inefficiencies, systematically generating consistent, scalable alpha.
Capital Group | What is the next chapter for the dollar?
Structural tailwinds that have supported the US dollar over the past three years appear to be fading.
The great wealth transfer: how Banque de Luxembourg builds continuity
Lucienne Andring of Banque de Luxembourg champions a new era in private banking, where wealth transfer becomes a family dialogue, not a transaction.
Why water investments are struggling
Disrupted supply chains, volatile market conditions, and lagging investments have made investing in the water theme challenging. In recent years, European investors have withdrawn billions from water funds.