The human factor in factor investing
Wat als de sleutel tot het begrijpen van marktrendementen niet in de balansen van bedrijven ligt, maar in de portefeuilles van de mensen die ze bezitten?
French political turmoil underlines ‘desynchronized growth’ in Europe
French assets came under renewed pressure on Monday after Prime Minister Sébastien Lecornu resigned just hours after unveiling his cabinet. The selloff in equities and widening OAT–Bund spreads reinforced what economists and strategists describe as a new normal: a volatile, fragmented France where politics, not policy, drives market sentiment.
CM-AM GLOBAL GOLD, REVIEW AND OUTLOOK
The CM-AM Global Gold fund is benefiting from the rise in gold and mining stocks, supported by strong results, silver/copper diversification, and active management focused on quality and positive outlooks.
US tariffs have not derailed global economic growth so far
So far, US tariffs have not derailed global economic growth, which remained stable during the summer, note Guy Wagner and his team in their latest monthly market report "Highlights".
Biodiversity impacts - how to measure progress
With food security for billions hanging in the balance, it’s no wonder questions about how to produce healthy food are growing. Feeding the world is no small feat. Find out more about our measurable and innovative practices in regenerative farming.
CSSF presses fund managers to tighten ESG disclosures
The CSSF has ordered all Luxembourg-based investment fund managers to review and, if necessary, correct their sustainability risk policies and disclosures, following a Europe-wide supervisory exercise that found compliance broadly satisfactory but still in need of significant improvement. The order also applies to managers of so-called Article 6 funds, which do not claim ESG characteristics.
Chart of the week: it just keeps going
As I’m still reflecting on the Fund Event 2025, where it became objectively clear that Europe needs to take action and learn to look at and approach things differently, the United States just keeps steaming ahead.
Morningstar: JP Morgan vs Artisan in global equities
Exceptional investment strategies are rare, as reflected in Morningstar’s qualitative fund ratings. Fewer than 6 percent of actively managed funds qualitatively assessed by Morningstar analysts in Europe achieve a High score on both the People and Process pillars, placing them in the highest conviction category.
Active Investing – adding value in European government bonds
Mike Reed discusses the European government bond market, whose returns have outperformed passive strategies and ETFs.
Private debt momentum keeps up, but challenges lurk
Luxembourg’s private debt market has been flourishing. But products that can pose systemic risks, difficulties with valuation, and potential misunderstandings of the risks involved in the market are issues lurking in the shadows.