More and more credible experts are exploring the possibility of wiping out public debts to get out of the over-indebtedness caused by crises, which blocks and disrupts the recovery of economies and the functioning of markets. This is the case of the book “Effacer les dettes publiques” recently published by Hubert Rodarie, a respected leader in
The Covid-crisis has become profitable for some in the financial sector. Among those who profit, are the Exchange Traded Funds (ETF), that seem to have stood up quite well in the face of the economic recession in recent months, and are now emerging stronger compared to traditional index funds. Charles Symons, Director of iShares in
The coronavirus pandemic has dealt a blow to pension systems across Europe, heaping pressure on policymakers to introduce reforms to avoid a decades-long retirement crisis, according to an influential consumer group. Big increases in unemployment will shrink the tax revenues used to fund state pensions and reduce contributions to retirement saving schemes run by employers
The European federation of retail investors, BETTER FINANCE, has criticised the new composition of stakeholder groups at the European supervisory authorities, branding it “a step backwards with regard to a balanced representation between industry and consumers in EU financial rulemaking.” Read the full article here.
As financial experts and policy advisors urge Brussels to make structural changes in the investment industry, the European Commission has been presented with a “game-changing” plan to overcome the dual challenges of the corona pandemic and Brexit through the unification of the 27 national markets in the EU into a single capital markets union (CMU).
Investment with a sustainable focus is only likely to grow, wealth managers believe. […] When BlackRock boss Larry Fink announced plans in January to put sustainability at the heart of the world’s biggest asset manager’s investment strategy, there was no mention of the newly-emerging coronavirus in China. […] The move came amid mounting hype about
EU investment managers are pushing for the right to keep commissions for promoting financial products, as the bloc considers changes to its controversial Mifid laws that govern financial markets. Financial advisors hope that they can fend off a move by the Netherlands and consumer groups to totally ban third-party incentive payments across a broad range
Behind the abbreviations multiplying non-stop there are hidden nuances of the financial products in which you invest. More often than not, all these acronyms are used to designate the same thing: investment funds in transferable securities (stocks, bonds or other debt or interest rate products). “These prejudices sometimes contribute to making the supply of funds
In a letter to European commissioners, BETTER FINANCE said that investors would have to wait another full general meeting period to be able to exercise their voting right if SRD II’s implementation is postponed. As a number of stakeholders are demanding the commission to postpone the implementation of the Shareholder Rights Directive II (SRD II),
European Commission and MEPs warn regulator over watering down Priips performance scenarios decried as misleading EU lawmakers and regulators are at loggerheads over how to reform wildly misleading fund performance disclosures, dealing a blow to fund managers and consumer groups hoping for a reprieve from the much-maligned rules. […] Better Finance, an advocacy group representing