Investing in defense and ESG: three perspectives, no consensus
It’s a question that concerns every asset manager: to what extent are defense and weapons stocks compatible with the sustainable principles of ESG? A joint report by the labeling organizations Forum Ethibel (Belgium) and LuxFLAG (Luxembourg) doesn’t provide a definitive answer but does outline the many dilemmas involved.
Trump’s new tariffs shake up inflation outlook and Fed planning
Washington’s revived protectionism is putting fresh pressure on the Federal Reserve. Investors are once again bracing for trade disruption, rising inflation, and slower U.S. growth. For now, Asia is taking the first hit.
The underestimation of artificial intelligence
Artificial intelligence continues to be underestimated—both in terms of its scale and the speed of its adoption. We’ve seen this story before. Each time, revolutionary technologies were massively underestimated by analysts, investors, and even the most optimistic visionaries. The same is happening now with artificial intelligence, but at a pace that puts all previous technological revolutions in the shade.
Morningstar: Baillie Gifford versus GQG Capital in growth stocks
Global equity investors faced a challenging first half of the year. An optimistic start quickly gave way to turmoil as President Trump’s trade war and escalating geopolitical tensions unsettled markets.
Baillie Gifford: our investment beliefs
Explore our investment philosophy and how we seek out the best investments on your behalf. Our decision-makers offer clear and concise insights in a series of short video explainers. Investment Specialist Diana Philip explains why asking companies the right questions is the most powerful investment tool.
RBC BlueBay: Joy, Despair and the Road in Between
US budget bill increases pressure on Fed chief Powell.
A major weakening in global growth is still absent
The US administration's tariff policy is generating the first signs of an economic slowdown, although a major weakening in global growth is still absent, note Guy Wagner and his team in their latest monthly market report "Highlights".
Without a real banking union, EU’s investment union is a mirage
The EU’s plan for a Savings and Investment Union risks falling flat unless it completes the banking union first, warns Amundi’s Mahmood Pradhan.
Chart of the week: one big beautiful lie
It’s done. With the deciding vote cast—no less—by Vice President J.D. Vance, the “One Big Beautiful Bill” passed in the US Senate. Yet another piece of evidence that bond investors stubbornly refuse to acknowledge: their asset class is becoming obsolete.
Seizing Potential Opportunities with Active Fixed Income ETFs in 2025
Actively managed exchange-traded funds are on the rise. First introduced in 2008, active ETFs have taken off in recent years, with global assets under management surging to an all-time high of nearly $1.1 trillion in 2024, fuelled by robust inflows.