Pure Data Centres, a UK-based firm backed by Oaktree Capital Management, is constructing an AI data center in Finland to support artificial intelligence systems across Europe, with Microsoft confirmed as a major client
Payden & Rygel, a US-based asset manager, released a market outlook for fixed income in 2026, arguing that active management is essential and recommending investment in short-duration debt, high yield bonds, and emerging market sovereign debt.
Intel is investing €5 billion to expand its manufacturing facility in Ireland as part of its strategy to maintain competitiveness in the AI chip market and regain manufacturing leadership
German statutory health insurance funds are suing the Verius real estate fund for damages incurred through fund investments, prompting questions about regulatory oversight of such investments.
M&G advises investors to look beyond AI and invest in broader megatrends in 2026, while recommending caution regarding corporate bonds due to a perceived divergence between equity and fixed income markets.
Spanish asset manager Mutuactivos increases its investment allocation to UniCredit for banking sector exposure. The manager also raises positions in RWE within the utilities sector and in WH Smith within its small cap funds.
HSBC upgraded its outlook on Spanish electricity company Iberdrola, increasing the price target to €23.10 and recommending purchase. The investment bank sees the utility as having a perfect combination of growth, visibility, and low risk, projecting potential market capitalization exceeding €150 billion compared to current €142 billion.
Pictet recommends investors move away from cash positions in the second half of 2026, favoring technology stocks due to semiconductor demand, banking sector equities, and emerging market debt in local currencies. The firm cites improving fundamentals in emerging economies and decreasing global dependence on the US dollar.
Expeditions, a defense-tech venture capital firm backed by BAE Systems and the NATO Innovation Fund, has raised a €197 million fund to support the development of sovereign military technologies across Europe.
Invesco expressed optimism regarding the Spanish stock market and Spanish banks, citing solid financial fundamentals and favorable macroeconomic conditions including electrification trends. The asset manager recommends diversification into emerging markets, gold, real estate, and private credit, with expectations that the US dollar will weaken.