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Global passive equity funds' assets eclipsed active in 2023 for first time

Global passive equity funds' net assets surpassed those of their active counterparts for the first time in 2023 as investors increasingly sought lower-cost funds that mirror broad market indices. According to LSEG Lipper, global passive equity funds' net assets stood at a record $15.1 trillion at the end of December while those of active funds was $14.3 trillion. Passive funds, often associated with stable, large-cap stocks with strong fundamentals and lower volatility, have grown in...
Kirsten Donovan Baker Boyer Vidya Ranganathan Gaurav Dogra Mark Haefele Patturaja Murugaboopathy
Source: yahoo.com

Analysis-Ban the AfD or fight it? Germany grapples over how to counter the far-right

This month German Chancellor Olaf Scholz marshalled his ministers to discuss for two hours straight strategies on how best to tackle the far-right Alternative for Germany , which is polling in... -January 31, 2024 at 09:48 am EST - MarketScreener
Thomas Escritt Hans Christoph Berndt Alexander Ratz Gareth Jones Marie Agnes Strack Zimmermann Sueddeutsche Zeitung

Berlin explores ways to shield top court from far-right

German Chancellor Olaf Scholz's ruling coalition is considering ways of bolstering the independence of country's highest court as fears about the strength of the far-right AfD party grow. The Alternative for Germany (AfD) is polling second in nationwide surveys, raising concern it could gain significant influence in the legislature after the next federal elections in 2025 and seek to hollow out democratic structures from within. The anti-establishment, nationalist party is already un...
Johannes Fechner Olaf Scholz Philippa Fletcher Stephan Brandner Stephan Thomae Thomas Escritt
Source: yahoo.com

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Speaking in German, France's Macron hails ties at Schaeuble ceremony

French President Emanuel Macron urged lawmakers in Germany's lower house of parliament to join him in living up to the legacy of late statesman Wolfgang Schaeuble in a speech on Monday that was mostly in German. Macron, who studied German at school but does not speak it fluently, practiced ahead of his address at the ceremony in the Bundestag honouring Schaeuble, French officials said. The gesture comes as French-German ties are strained by disagreements on energy, industry and defence po...
Olaf Scholz Andreas Rinke Wolfgang Schaeuble Michel Rose Angela Merkel President Emanuel Macron
Source: yahoo.com

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