CSSF embraces Luxembourg-based AI cloud in digital push
Luxembourg financial regulator the CSSF has started identifying pilot projects to explore artificial intelligence applications based on a new Luxembourg-based cloud computing platform incorporating Google services. The move is seen in part as a way to cope with a long-standing difficulty in recruiting sufficient qualified staff.
Thirty-six trillion reasons to question the American bravoure
In the United States, a sense of self-satisfaction about Europe is palpable. But how sustainable is this bravado?
Chart of the week: fade the trade
Financial journalists and market experts have a new gimmick: the “Trump trade”. With another four years of the Trump show ahead, we might derive all sorts of investment ideas from the yet-to-be-implemented policies. But I have my doubts about most of these trades—not only whether they will yield good returns, but also whether they even exist in the first place.
SKAGEN Focus: Looking below the radar to find ESG’s future leaders
Why neglected small-caps driving real-world changes can be the big winners of the green transition.
Morningstar: playing chess with thematic funds rarely leads to profit
Thematic funds have grown significantly in size, number, and prominence globally over the past five years. Despite recent underperformance, these funds seem to maintain a lasting role in investors’ portfolios. Higher costs, greater volatility, and the slim odds of success do not deter investors from chasing popular investment trends.
Private credit: Blackrock said to buy HPS for $12 billion
Blackrock, the world’s largest asset manager, is poised to acquire HPS Investment Partners for approximately 12 billion dollars.
Equities 2025: New avenues
A decisive US election, political ructions in Europe, and the first signs of Chinese fiscal action spell more volatility for stock markets in 2025. And new roads to returns.
Belfius AM considers a return to defence stocks
The war between Russia and Ukraine is prompting European asset managers to reconsider defence stocks, partly at the urging of their clients.
Transfers: HSF, Simpson Thacher set up shop in Luxembourg
International law firms Herbert Smith Freehills and Simpson Thacher & Bartlett have announced plans to establish offices in Luxembourg, aiming to strengthen their presence in the private capital sector.
Sandro Pierri: Good old days in asset management are over
BNP Paribas CEO and Efama president Sandro Pierri stresses that fiduciary duty remains central for European asset managers as the sector grapples with structural challenges, capital outflows, and transformative changes.