ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.

Pete Carvill

  • Microsoft and Google parent begin heavy AI investment in Europe

    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…

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

    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…

  • European investors bullish on equities, less so on global economy – BOA

    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…

  • Free-trade agreement between India and EFTA nears reality

    Free-trade agreement between India and EFTA nears reality

    The European Free Trade Association (EFTA) is coming close to finalising a free-trade deal with India, according to multiple sources. Made up of Iceland, Liechtenstein, Norway and Switzerland, EFTA is set to sign a deal that may see it invest up to $100bn (€93bn) into India. Such a move, wrote euronews, would be unprecedented in…

  • European equities continue to enjoy inflows – Calastone

    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…

  • Fund selectors apprehensive over 2024 outlook – Natixis

    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…

  • Europe must close economic gap on US, says EIB

    Europe must close economic gap on US, says EIB

    EU firms have boosted investment in digitalisation, energy efficiency and supply chain diversification, according to a report from the European Investment Bank (EIB). The organisation’s Investment Report 2023/2024: Transforming for Competitiveness was released alongside the second edition of the EIB Group Forum, being held this week in Luxembourg. According to the EIB, the European economy…

  • EC, EIB and ESA boldly go into space-fuelled partnership

    EC, EIB and ESA boldly go into space-fuelled partnership

    The European Commission, European Investment Bank and European Space Agency have signed a collaboration agreement with a view to strengthening the continent’s space sector. Announcing the move, the European Investment Bank (EIB) said the collaboration between the three institutions aimed to foster cooperation and coordination with a focus on providing financing and advisory support for…

  • Europe first to shy away from ESG across Calastone network

    Europe first to shy away from ESG across Calastone network

    European investors were the first to begin turning away from ESG funds, according to data from across the Calastone fund network. The company made the assertion in its latest Global Fund Flows Report, suggesting the “backlash” against ESG products began on the continent. “European investors began selling out of ESG funds in January 2022 and…

  • EU scaling up green subsidies should help investors, says law firm

    EU scaling up green subsidies should help investors, says law firm

    Investors should benefit from new European Union support for green subsidies, according to global law firm Norton Rose Fulbright. In EU scales up green subsidies – how you can benefit from new support for clean investments – which comes on the back of the EC’s adoption of changes to its state aid framework supporting the…

  • M&G Investments appoints new head of France

    M&G Investments appoints new head of France

    M&G Investments has named Kelly Hébert to be its new head of France, subject to regulatory approval. Expanding her current role leading both Belgium and Luxembourg, Hébert (pictured above) will be based in Paris and continue to report to Neal Brooks, global head of product & distribution at M&G. Having joined the business in 2014,…

  • ING plots bleak course for Europe in 2024

    ING plots bleak course for Europe in 2024

    Europe is set to experience “weak development” across many of its equity sectors this year, according to forecasts from ING. In What to expect from European sectors in 2024, the financial services giant indicated the manufacturing, staffing and construction sectors were likely to witness declines, even as transport and retail are set to see a…