EFG Asset Management (EFGAM) launches New Capital US Future Leaders Fund following the formation of its Future Leaders Panel earlier this year


The US equity fund is designed to capture the rapid growth of emerging companies that are benefiting from the economic transformation brought about by disruptive business models in the US. The Fund is a high conviction, long-only equity fund that will typically invest in 30 companies across the mid-cap space.… Read More »

Eni addresses its Norwegian value at risk


Eni Norge and Point Resources to merge into independent Norwegian E&PEni and private equity investor HitecVision announced today that Eni Norge and Point Resources are merging to form Vår Energi AS (Eni 69.6%, HitecVision 30.4%). The combined company will have a portfolio of 17 producing oil and gas fields with… Read More »

Carboneum Initial Coin Offering (ICO) Goes Live


The Carboneum crowdsale is officially live and the Carboneum token (C8) is now available for purchase. The funds generated by the ICO will be used to construct a protocol for a democratized social trading platform called CoinRadars. This will enable would-be cryptocurrency investors to follow the lead of experienced, successful… Read More »

The front-end of the US Treasuries curve: short and sweet?

Wolfgang Bauer -

With the notable exception of the upcoming royal wedding, it would be pretty difficult to find a topic that is currently more over-analysed than the flattening of the US Treasury yield curve. One aspect that has arguably not received enough attention in the ongoing debate is the way the curve… Read More »

ETF Market Flows Analysis Europe and World


The global ETF market rebounded in April, with 31.6 billion euros of inflows. Investors were first and foremost drawn by bonds (+16.5 billion euros). Equity ETF inflows totalled 11.3 billion euros. The European market continued its slowdown, ending the month with less than 700 million euros of inflows (+679 million).… Read More »

Strong earnings season to drive equities


While we still see the environment as more challenging, the earnings season is alleviating some of the recent concerns. We had expected earnings to become a more dominant theme, and they are delivering the anticipated support to risk appetite. In addition to the positive earnings effect, equity purchase programs being… Read More »

Legal & General Investment Management (LGIM) completes acquisition of European ETF platform


Legal & General Investment Management (Holdings) Limited (LGIM) has successfully completed the acquisition of Canvas, the European Exchange Traded Fund (ETF) platform formerly owned by ETF Securities. The successful completion of the transaction marks a significant milestone in LGIM’s expansion into Europe, further strengthening its current capabilities and giving clients… Read More »

The Yield Curve Rises


Statistics are what statisticians make them. Some numbers are more difficult to manipulate.That is why the yield on the ten-year Treasury note is an important number and charts illustrating the yield over a period of time are useful in determining the weighting of assets in a portfolio. The yield is… Read More »

An upgrade to U.S. equities

Richard Turnill -

BlackRock has upgraded its tactical view of U.S. equities to overweight from neutral. The reason: Impending fiscal stimulus is supercharging U.S. earnings growth expectations. We have shifted our view on European equities to neutral as a result. Earnings momentum is solid in Europe — but lags that of other regions.… Read More »