With the big APRA-regulated funds now moving to the top of the list of taxpaying entities, they are realising the importance of working with their custodians to ensure after-tax investment decisions deliver for their members.
Beijing has taken some big IT strides to be a formidable challenge to the West. What is holding it back is an increasingly centralised approach to innovation, restricting the spread of new technologies that foster productivity and progress.
Perhaps the assumption that markets are still anchored by predictable economic policies needs to be challenged. For the first time since the fall of the Berlin Wall, political volatility – once background noise – is potentially reshaping investment risk at a structural level.
Germany’s fiscal expansion may boost economic growth in the long term The ambiguity surrounding US tariffs and their implementation is raising fears among businesses and consumers that could weigh on economic growth over the medium to long term, while having a temporary effect on inflation. Combining this uncertainty with the high valuations in US stocks and the fiscal announcements outside the US, has resulted in the divergence in performances between the US, European and Chinese equities. Amundi presents its latest Global Investment Views.
French tax reform boosted retirement savings, with higher-income, older workers contributing more after the 2019 Loi Pacte introduced pre-tax incentives, according to an Amundi white paper analysing 1.4 million workers.