Fiorino: Elementary
Solving the eurozone bank mystery
We SECond this change
Perhaps because the US Securities and Exchange Commission (SEC) appears to impact the public less than other US agencies, its cost-cutting efforts mandated by the Trump administration have largely been overshadowed. But the SEC is in the midst of a sea change beyond the trimming of staff, and we welcome it. Recall its mission is, […]
Not all banking partnerships are created equal
In a recent webinar with IPE, Patrick Marshall, Head of Direct Lending, and Kevin Roche, Director, outlined our differentiated approach to bank partnerships, as well as the pros and cons that different partnerships can provide. Watch the highlights below: Read More Watch now Listen now Read More Watch now Listen now Read More Watch now […]
Beneath the surface: a deep dive into liquidity
Quick links What would fewer rate cuts from the Fed, and other central banks, mean for liquidity portfolios in 2025? What is your outlook for the UK/eurozone liquidity market, versus the US? Can you explain how rates are determined for liquidity portfolios and how that differs from the way banks use administered rates? How can […]
Trump tariffs threaten European stock rally
market snapshot
Biodiversity: A year in review
Increasing resource use is the main driver of a triple planetary crisis: climate change, biodiversity loss and pollution. Unfortunately, we as humans have failed to manage our global portfolio of assets sustainably. Estimates show that between 1992 and 2014, produced capital per person doubled, and human capital per person increased by about 13% globally; but […]
Trump, again
With the second Trump administration now a month old (not a short month!), I’m devoting this special issue to the new president’s plan of action and the implications for the markets. History For analogy to the present day, one must look to the nineteenth century. Trump’s House majority is the smallest since the Civil War, […]
European stocks soar on Ukraine peace hopes
Market snapshot
The Year of the Snake: Our outlook for China in 2025
What’s next for Chinese markets? As we mark the start of the Chinese Lunar New Year, and the Year of the Snake, investors are asking: what is next for Chinese equities? Donald Trump’s victory in the US presidential election was initially taken as positive news for US markets and negative for China; the MSCI China […]
Global Emerging Markets Equity Outlook, 2025
Riding the megatrends
