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  • AI investment in Europe further boosted by €1bn Italian investment

    But could a maturing eastern European start-up ecosystem prove a competitor?

    AI investment in Europe further boosted by €1bn Italian investment
  • Skadden outlines difficulties of marketing under AIFMD

    The marketing passport is only available for EU managers

  • European Central Bank maintains rates amid inflation decline

    Hannah Williford reports on the ECB’s decision to keep rates unchanged – and when cuts may begin

  • Support for European Industrial Deal builds up steam

    ‘Actionable measures’ include streamlining legislation and fostering raw material self-sufficiency

    Support for European Industrial Deal builds up steam
  • China refocuses EV investment towards Europe

    Regulation and political developments among factors leading to a change in strategy

    China refocuses EV investment towards Europe
  • European real estate activity set for ‘gradual resurgence’ – Savills

    Year-end investment volumes for Europe forecast to reach between €177bn and €182bn

    European real estate activity set for ‘gradual resurgence’ – Savills
  • PRI calls on EU to enhance responsible investment policies with six priorities

    The organisation’s 2030 EU Policy Roadmap outlines six policy priorities for the EU Commission, writes Michael Nelson

    PRI calls on EU to enhance responsible investment policies with six priorities
  • Capital Group launches multi-thematic Article 8 funds

    Capital Group has launched a set of multi-thematic sustainable funds that are available for investors in Europe, writes Christian Mayes. The Capital Group Sustainable Global Opportunities fund (LUX) will invest in global equities, while the Capital Group Sustainable Global Corporate Bond fund (LUX) will target fixed income exposure. The launch also includes a multi-asset offering…

    Capital Group launches multi-thematic Article 8 funds
  • Bond funds pull in €29.7bn in January – LSEG

    Bond products were the best-selling asset class in January, according to LSEG Lipper’s European Fund Flow report, writes Christian Mayes. The asset class pulled in a net €29.7bn in the month, while Money Market USD grouping was the best-selling Lipper Classification after receiving €11.2bn inflows. Providers of mutual funds pulled in €22.5bn, while passives saw net…

    Bond funds pull in €29.7bn in January – LSEG
  • Quarter of Article 8 funds at risk of greenwashing – MainStreet Partners

    A quarter of all Article 8 funds could be accused of greenwashing based on their sustainability framework and practices, according to MainStreet Partners, writes Christian Mayes The 24% of funds classified as a greenwashing risk by the 2024 ESG Barometer report marks a four percentage point increase from the 20% flagged at the end of…

  • EU green rules could stymie decarbonisation projects – ExxonMobil

    The European Union’s climate regulations may lead to it halting its investments in Europe, ExxonMobil has warned. Speaking to the Financial Times, Karen McKee, president of the product solutions division, said the oil and gas giant had struggled to begin decarbonisation projects in Europe due to the regulatory burden. The result, she added, was that…

  • ICE flags need for Europe to double green investment

    Investments to modernise energy and transport must double by the end of the decade to reach 2030 climate targets, the EU has been warned. According to the Institute for Climate Economics (ICE), which has released the European Climate Investment Deficit report, the bloc lacks what it calls a “consistent tool” to ensure monitoring of the…

  • Microsoft and Google parent begin heavy AI investment in Europe

    Tech giants Microsoft and Alphabet have announced heavy investments into the AI landscapes of France and Germany this week. Microsoft is reportedly set to invest €3.2bn in building up its AI infrastructure and cloud capacity in Germany by the end of the next year. The investment is expected to cover the training of some 1.2m…

  • European Green Bond Standard ‘step in right direction’ but challenges remain

    Michael Nelson addresses the IEEFA’s findings on the European Green Bond Standard The European Green Bond Standard (EUGBS) promises to boost investor confidence and support the long-term growth of the green bond market despite some limitations, according to findings from the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report…

  • Germany’s current economic course unsustainable, says finance minister

    The German government has predicted the country will see just 0.2% growth in 2024 – a development the finance minister has described as “dramatically bad”. Speaking in Leipzig, finance minister Robert Habeck – tipped by many as Germany’s next Chancellor – warned the nation could not continue as it had, indicating drastic action may be…

  • What do the conflicting signals of the bond market mean for investors?

    Valuations across some parts of the credit market could look stretched

    What do the conflicting signals of the bond market mean for investors?
  • Can M&A and buybacks breathe life into UK market?

    Both buybacks and M&A should help realise value in UK shares, boosting prices and giving investors another reason to consider the UK stockmarket Not only does M&A activity appear to be picking up, with a high-profile bid for UK electronics retailer Currys, but the scale of company buybacks continues to accelerate. If it goes well,…

    Can M&A and buybacks breathe life into UK market?
  • Crisis valuations – without the crisis

    Sometimes the market is not just inefficient, it throws up opportunities that defy logic – and today, argues Jack Holmes, is such an occasion

    Crisis valuations – without the crisis
  • What is driving emerging market returns in 2024?

    Emerging market growth is becoming increasingly dependent on fundamentals Emerging markets have never been homogenous, but in 2023 their fortunes diverged more than ever before. On the one hand was China, where stockmarkets slumped for a third consecutive year. On the other was India, Latin America and Taiwan, where punchy economic growth was reflected in…

  • Will inflation fall enough for ‘year of the bond’?

    Are there longer-term risks to the seemingly benign inflation picture? If 2024 is to be the ‘year of the bond’, inflation has to fall. The assumptions around inflation have had a wobble since the start of the year, as the US CPI reading for December came in ahead of expectations, and economic growth continues to…

  • Will healthcare overtake AI as top theme for 2024?

    Healthcare is a sector with a lot going on, writes Cherry Reynard, and some of its potential appears unappreciated by investors If AI was the dominant theme in 2023, healthcare might snap at its heels in 2024. Healthcare has often been characterised as dull and defensive, but breakthroughs on obesity drugs, on Alzheimer’s treatment and…

  • Bond funds pull in €29.7bn in January – LSEG

    Bond products were the best-selling asset class in January, according to LSEG Lipper’s European Fund Flow report, writes Christian Mayes. The asset class pulled in a net €29.7bn in the month, while Money Market USD grouping was the best-selling Lipper Classification after receiving €11.2bn inflows. Providers of mutual funds pulled in €22.5bn, while passives saw net…

    Bond funds pull in €29.7bn in January – LSEG
  • European investors bullish on equities, less so on global economy – BOA

    The majority of respondents to the latest Bank of America European Fund Manager Survey were ‘bullish’ on the prospects for equities over the coming year, despite short-term pessimism. According to the financial giant’s regular sentiment indicator, more than three-quarters (78%) of those surveyed saw an upside for European equities – the highest level in two…

    European investors bullish on equities, less so on global economy – BOA
  • European equities continue to enjoy inflows – Calastone

    European equities enjoyed their third-best month on record in January, according to the latest data from Calastone. The company reported in its Fund Flow Index that the sector saw inflows of £471m in the month, following December in which the second-highest inflows were recorded. It also reported that inflows to emerging market equity funds slowed…

    European equities continue to enjoy inflows – Calastone
  • Fund selectors apprehensive over 2024 outlook – Natixis

    Uncertainty remains the dominant theme for professional fund selectors over the coming year, according to analysis undertaken by Natixis Investment Managers. The firm attributed this anxiety to escalating global tensions, low expectations for economic growth and a higher interest rate environment weighing on sentiment. The research canvassed the views of 500 investment professionals in 26…

  • Yields and regulations reinforce a positive preferred securities outlook

    Solid issuer fundamentals today and tighter bank regulations to come should combine to provide a credit tailwind High-quality preferred securities, primarily issued by investment-grade-rated companies, currently offer 7% to 9% yields – considerably greater than what is available from investment-grade corporate bonds. As Chart 1 shows below, yields on over-the-counter (OTC) and contingent capital (CoCo)…

  • VC firm debuts investment strategy for European biotech startups

    European venture capital firm Sofinnova has launched Biovelocita, an investment strategy dedicated to the creation and acceleration of biotech startups in Europe. The firm said it had a created a new team for Biovelocita and the new venture was inspired by Italy’s first biotech accelerator, BiovelocITA, co-founded by Gabriella Camboni, Silvano Spinelli and Sofinnova Partners…