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The digital euro project is gaining momentum, potentially launching in mid-2029, according to ECB's Piero Cipollone. Euro-area finance ministers have reached an agreement on customer holding limits, marking a significant step forward. Discussions among member states are progressing positively, suggesting a concrete timeline for the digital currency's introduction.
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News and Media
BlackRock's Raffaele Savi remains optimistic about equities, citing strong growth drivers and investor caution outside US tech. He dismisses dot-com comparisons, highlighting real revenues in today's tech firms. Savi emphasizes quant funds' role in providing steady returns and the importance of combining AI with human judgment to navigate market shifts, advocating for equity-heavy portfolios for better retirement outcomes.
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News and Media
Money managers are advising wealthy Indian investors to consider higher-risk debt options. These options include deals from Shapoorji Pallonji and Pharmeasy. Minimum investments are significantly higher, creating an exclusive market. These private debt transactions offer double-digit returns. However, they come with limited liquidity and increased risk. Experts emphasize the importance of understanding these risks before investing.
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News and Media
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