The Great Monetary Illusion: Why equity markets soar in a fragile world
Many investors today look at global equity indices and wonder how markets have risen so sharply over the past two decades in an environment marked by tepid economic growth, recurring geopolitical shocks, and bouts of inflation.
Private equity outlook Q2 2026: from recalibration to opportunity
Private equity outlook Q2 2026: from recalibration to opportunity
Chart of the week: inflation peak
I have been watching the financial markets with some amazement for the past few weeks. A US president threatening the eradication of an entire society, while equity markets remain largely unchanged. Then a fresh TACO triggers a recovery rally of several percent, even though there is nothing more than a two-week ceasefire and ongoing uncertainty. For anyone looking even slightly ahead, a clear bump appears that we will all have to get over.
Morningstar: Invesco vs First Sentier in global emerging markets equity
Emerging markets started the year strongly, but geopolitical tensions stemming from the US/Israel–Iran conflict have since tempered sentiment.
Capital Group | Five charts that put market volatility in perspective
Fallout from the intensifying war in the Middle East has once again put market volatility in the spotlight.
Platforms are shifting power dynamics in European fund distribution
The way capital flows is changing. Alongside banks and traditional networks, digital platforms are increasingly claiming a prominent place in this chain. This shift is altering access points to markets and strengthening the role of standardized products in portfolio construction, such as ETFs.
Transfers: Apex, NBIM, Generali, L&G, HSBC, Amundi, Vistra
Our weekly update of people moves in Luxembourg and elsehwere in the world.
La Française: April 2026 Outlook
Written by Fraçois Rimeu, Senior Strategist, Crédit Mutuel Asset Management.
Governance gaps draw CSSF scrutiny
Luxembourg’s fund regulator is shifting its supervisory focus from rule-setting to enforcement, zeroing in on governance failures, operational fragility, and liquidity risks as structural vulnerabilities in the sector become harder to ignore.
The acceleration
The world was already electrifying at a rapid pace. But two developments are now pushing this process into an acceleration that would have seemed unthinkable just a few years ago.