The Fed, Trump’s intuition, and Von der Leyen’s policy reversal
The Fed’s steady hand, Trump’s shifting intuition, and Von der Leyen’s regulatory U-turn—what do they reveal about policymaking and economic foresight? Han de Jong explains.
Perspectives 1/2025
Twice a year, our fund managers analyse trends in the global economy and financial markets. Read the Perspectives issue for the first half of 2025.
Morningstar: Barings versus T. Rowe Price in global high yield bond
Bond markets struggled in the fourth quarter of 2024. Inflation proved sticky in the US, dampening hopes of larger interest-rate cuts and sending long-term bond yields higher. In Europe, political volatility in France and Germany, along with a more moderate outlook for ECB rate cuts in the coming year, dragged bond returns lower.
Private banks keen to embrace tech without undermining values
While digitalisation offers efficiency and scalability, it cannot replace the trust and personalisation that high-net-worth clients expect from their private banks and wealth managers. Investment Officer’s Raymond Frenken reports from The Banking Scene event in Luxembourg.
Norway’s €1.7 trillion wealth fund in conflict with Musk over pay
Norway’s sovereign wealth fund, the world’s largest asset manager, has become embroiled in an escalating conflict between CEO Nicolai Tangen and Elon Musk, after recently released text messages revealed a heated exchange over Tesla’s $50 billion pay package.
Transfers: Romeo Lacher to step down as chair of Julius Baer
This week’s overview of transfers and appointments in and around Luxembourg includes updates from Julius Baer, EY, Allianz Partners, and Federated Hermes.
Schroders : DeepSeek disruption highlights need for resilient portfolios
Schroders : DeepSeek disruption highlights need for resilient portfolios
Bold move: Massive tax cuts for ‘impats’ to boost financial hub
Luxembourg’s bold new tax incentives slash employment income taxation by 50 percent for newcomers as of this year. The new tax incentive aims to secure top global talent for its financial sector.
RBC BlueBay: Distressed Debt - investor opportunities in 2025
Our Special Situations team looks at the health of developed Europe.
Luxembourg’s Private Banking Advantage: Leading the Transformation in Wealth Management
Luxembourg has firmly established itself as a rising star in the global wealth management market, standing alongside the U.S. and the U.K. and pulling ahead of Switzerland. According to a recent report by Luxembourg for Finance, the country’s International Market Volume (IMV) share among global wealth management centres has grown from 4.2 percent in 2020 to 4.6 percent in 2023.