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Walking blind
I’ve always struggled with the question “what’s priced in?”. A petulant me would draw on rational expectations and answer everything - current pric...
Take two: World Bank cuts global growth outlook; US inflation rises less than expected
What do you need to know?The World Bank cut its global growth forecast, cautioning that increased trade barriers and heightened uncertainty pose a "significant...
Heating up
The S&P 500 is up 11% since 9 April and the deadline for what US President Donald Trump will do with tariffs is approaching. Israel and Iran are firing at each...
Take two: ECB cuts rates; OECD lowers global growth outlook
What do you need to know?The European Central Bank (ECB) cut its key deposit rate by 25 basis points to 2.0%, after Eurozone inflation fell below its 2% target....
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AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure
AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.