Market Update 4 August 2026, with columns by Harry Geels, Han Dieperink and Evan Clark
Market Update 4 August 2026
Han Dieperink: The returns of cheap AI
Low-cost AI does not pose a threat to chip shares. In fact, it boosts demand. A more interesting question is: who ultimately benefits from the productivity gains?
EDHEC: Evergreens need better governance and disclosure
Evergreen private equity funds promise access, convenience, and periodic liquidity. But closer analysis reveals structural features that pose material risks for investors.
Can a banker really believe in degrowth? As long as banks derive most of their profits from credit growth, this combination will remain fundamentally at odds.
Seminar 'Geopolitics and the Future of Global Investing'
What trends will shape 2027? Discover the views of leading experts at our Outlook seminar on 12 November, with Bob Homan (ING Investment Office) chairing the event.