Private markets test wealth managers' tech limits
The rise of Eltif 2.0 and private market retail access is exposing a critical weakness: legacy reporting systems that cannot meet modern client expectations.
Merger mania? Not here, says AllianzGI CEO
In an era of industry consolidation and shrinking margins, Allianz Global Investors is choosing defiance over dependence.
Morningstar: Lord Abbett versus Neuberger Berman in USD high yield
The US economy contracted at a rate of 0.3 percent in the first quarter of 2025. The slowdown in GDP growth was driven by a surge in imports, as US firms attempted to front-run tariffs. The first-quarter decline marks a sharp turn for the economy after GDP grew at a 2.4 percent annual rate in the fourth quarter of 2024.
For Nassim Taleb, averages are completely irrelevant
In the world of finance, averages are useless. Concepts like extrapolation, correlation, and diversification do little more than invite disaster—or, at the very least, significantly lower returns than are otherwise achievable. “Modern portfolio theory is bullshit,” declared Nassim Taleb, the legendary author of The Black Swan.
Critics say continuation funds risk Ponzi dynamics
Continuation funds, once a post-crisis workaround for expiring vehicles in weak exit markets, are booming and find themselves at the centre of growing criticism.
Chart of the week: The weakest link
Remember that BBC quiz show with the notoriously blunt Anne Robinson, who ended each round with the line, “You are the weakest link. Goodbye”? In The Weakest Link, the contestant deemed weakest by the others was eliminated—on the logic that a weak player could damage the prize pot. That sounds rather economic. So why is the European Central Bank (ECB) doing the exact opposite?
CM-AM Convictions Funds Range for Supporting the Growth of Value-Creating Companies
Equity markets are undergoing a period of significant transformation, driven by changing monetary policies, persistent geopolitical tensions, and evolving economic conditions.
Schroders Capital : New to private assets? Here’s what you need to know
Schroders Capital : New to private assets? Here’s what you need to know
Return of mercantilism: what are the impacts for the debt markets?
Mercantilism, an economic doctrine that reached its apogee in 19th-century United States, is returning to the forefront as the new Trump administration rapidly rolls out protectionist economic and industrial policies.