We often stress the fact that our investment methodology leads us to focus on high-quality companies. We define these as companies with a very sound balance sheet and specific competitive advantages that enable them to stand out from the competition and generate a higher profitability. In turn, this higher profitability translates into the generation of […]
Domestic consumption continues to be favourable but corporate investment is particularly weak, jeopardising the potential for economic growth in the US over the medium term. US GDP data for the second quarter confirmed the continuation of stable, moderate growth despite economic activity being increasingly fragile. Domestic consumption continues to be favourable but “corporate investment is […]
Equity markets have reacted negatively to the UK’s vote in favour of exiting the European Union. The biggest loser was the financial sector, while defensive stocks like consumer staples and healthcare benefited from a withdrawal to quality. Equity markets have reacted negatively to the UK’s vote in favour of exiting the European Union. However, after […]
Banque de Luxembourg Investments (BLI) has appointed Jérémie Fastnacht as portfolio manager. Fastnacht will work alongside Guy Wagner in managing the BL-Equities Dividend fund. He joins from Banque de Luxembourg, where he served for one and a half years as an analyst and equity portfolio manager in the Private Banking Investments department. Wagner comments on […]
Luxembourg’s private banking industry is being challenged to adapt to an
ever-changing client base. Banque de Luxembourg’s Luc Rodesch talks about how it has kept up to speed.