Investment Officer Luxembourg

After the sharp rise in the gold price, silver is also on the move. Specialists expect further gains, pointing to declining confidence in public finances and fiat money.

As interest rates stay elevated, private equity firms must relearn how to create value, with Luxembourg once again in the engine room of global strategy.

Jerome Powell is facing what may well be the most important speech of his career. This week, at the annual Jackson Hole symposium, the Federal Reserve chair must not only defend his policy, but also the very principle of central bank independence.

An Italian icon is quietly being reshaped through Luxembourg, as Bialetti’s future comes under the influence of global family capital.

In a year marked by political divergence on climate, Morningstar compares two Article 8 high-yield bond funds navigating Europe’s evolving ESG landscape: Abrdn Euro High Yield and Columbia Threadneedle European High Yield.

Strong inflows at Amundi, Natixis, DWS and Allianz show investors’ appetite for income strategies. But equity outflows and margin pressure reveal an industry split between volume growth and conviction.

A September rate cut now carries a 93 percent probability, according to CME’s FedWatch. The country’s largest banks, meanwhile, can’t even agree on the year, let alone the month, as their strategists make the rounds on U.S. financial news.

Europe’s most boring sector is piping hot. Bank stocks are outpacing the S&P500 for the fifth straight year, defying recession fears and fading rate tailwinds. Banking analysts at Schroders and JPMorgan still see room for more gains.

This week’s overview of people transfers and appointments includes updates from Flow Traders and Blackrock.