Investissement

Equity investors may be underestimating the potential consequences of a miscalculation of the Federal Reserve interest rate path. The market is already pricing in a Goldilocks scenario of stable economic growth and low inflation. It could be a costly misjudgment.

Institutional investors expect greater transparency when investing in alternative assets, mostly with risk management in mind, according to a new survey by Clearwater Analytics.

According to a poll of 254 institutional investors, representing over $10 trillion in assets under management, the two key benefits to achieving greater transparency in alts should be better risk management (72 per cent) and a better understanding of performance (54 per cent).  

Après avoir corrigé en 2022, les titres à revenu fixe des marchés émergents ont débuté l’année 2023 sous de meilleurs auspices. 

A total of 30 new Reserved Alternative Investment Funds, or Raifs, were added to the Luxembourg Business Register during March 2023, down from 40 in the same month a year earlier. During the first quarter, 15 percent fewer Raifs were registered than in the same period last year.

Tout investisseur qui suivait cette plateforme en 2012 bénéficiait d’‘informations privilégiées’. Et ce, grâce à Larry Fink, le président-directeur général de BlackRock. Il avait prédit que les États-Unis se trouvaient à l’aube d’une renaissance industrielle. L’année 2022 a confirmé la justesse de cette prédiction : 108 milliards de dollars ont été investis dans la construction de nouvelles usines (de production), ainsi que le montrent les données du Bureau du Recensement des États-Unis (Census Bureau).

A recent European Central Bank study calling for a regulatory framework to address instability in the market for Real Estate Investment Funds, known as REIFs, has been downplayed by a growing number of real estate specialists contacted by Investment Officer in Luxembourg and London. 

As inflation has started to normalise, many market observers have started to find bond markets attractive again. Yields have risen to their highest levels in over a decade. Corporate debt has recovered, making bond investors comfortable after years of bad returns.

Alternative investments strategies relying on limited bank financing appear to be well-placed to profit from the current crisis of confidence in the banking sector. And despite EU regulatory measures to deal with greenwashing, ESG products are seeing increased demand.

Pas moins de 70 % des ETF présentés comme les plus durables de leur catégorie par les sociétés de fonds qui les proposaient ont été rétrogradés en un an. Plutôt que de viser l’investissement durable, les fonds passifs se sont avérés n’intégrer qu’un seul facteur ESG.

If there’s one thing clear from recent months, it’s that Luxembourg is placing a major bet on the future of Eltifs, or European Long Term Investment Funds. The EU’s adoption of a major upgrade of the Eltif regulation is opening the doors to private markets for high-net-worth investors and wealth management clients.