Market Commentary12 May 2026
European Rate Cycle: Positioning for the Pivot
As the ECB navigates the terminal phase of its tightening cycle, fixed income mandates are being repositioned along the curve.
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Selected analysis from our investment, wealth structuring and regulatory teams. Published for the consideration of clients and professional contacts only.
As the ECB navigates the terminal phase of its tightening cycle, fixed income mandates are being repositioned along the curve.
SOPARFI structures remain the vehicle of choice for cross-border European wealth. A review of recent CJEU decisions.
The eighth iteration of the Directive on Administrative Cooperation extends automatic exchange of information to crypto-assets.
Secondary pricing in private equity continues to compress. We assess opportunities in continuation funds and GP-led restructurings.
Family constitutions, family councils and the role of the trusted advisor in inter-generational transitions.
Central bank gold purchases continue at record pace. Implications for portfolio construction and store-of-value allocations.