Hope and Fear

Since the start of the war between the US/Israel and Iran, financial markets have been oscillating between hope and fear. In March, fear that the conflict would lead to lower economic growth and higher inflation through higher energy prices prevailed, resulting in falling prices in nearly all financial markets. In April, that fear turned into … Read more

Escalation dominance

The war between the US/Israel and Iran is still in full swing, and the financial markets are closely monitoring every news item. Hopes for a quick victory and regime change in Iran have now faded, but hopes that President Trump will unilaterally withdraw have risen significantly following his latest remarks. Trump is selling his military … Read more

Hicran Peker

Hostess +31 (0)88 8086990 +31 (0)6 26692472 hpeker@providencecapital.eu vCard Hicran is one of our hostesses, who ensures that everything runs smoothly behind the scenes. Back to overview Find other people Bussum > Andrea van Putten Andries Nieuwland Ben Everhard Berry van Kollem Boudewijn de Hoop Scheffer Céline Cheung Herman Henken Hicran Peker Hugo Hooft Graafland … Read more

Céline Cheung

Accounting Consultant +31 (0)88 8086945 +31 (0)6 11749858 ccheung@providencecapital.eu vCard LinkedIn Céline is an accounting Consultant at Providence Capital Family Office. She has gained more than 7 years of experience at EY Amsterdam within the Global Compliance and Reporting team. She completed her post-bachelor with a focus on Accountancy-SME, followed by a Master’s degree in … Read more

Private credit unrest

Private credit – an asset class consisting of direct, unlisted loans to mid-sized companies, without the involvement of a bank – has been in the news a lot in recent months, and mostly in a negative way. Write-downs, revaluations, and outflows are being widely reported in the media and are causing significant turmoil. In this … Read more

Risk vs. Uncertainty

Geopolitical risk was high on many people’s list of potential sources of disappointment for financial markets in 2026. The US military action in Venezuela was too short and too limited to really affect the markets, but that is not the case for the US and Israeli attack on Iran. The rapidly widening conflict in the … Read more

Market dynamics

2026 has begun and, at first glance, financial markets appear to be continuing along the same lines as in 2025. Equity markets are rising, led by emerging markets, small caps, and Europe, while the US is lagging behind. The dollar has fallen further, as has bitcoin, while gold has continued to rise. Meanwhile, investors are … Read more

2026

The volatile year 2025 is behind us and 2026 has begun. Before we dive into our annual outlook, however, it is good to look back at how financial markets did last year. On balance, it turned out to be a solid year for markets, with positive returns in all major asset classes. The equity return … Read more

Remain in place

After an exceptionally strong October for financial markets, it was not surprising to see them remain in place in November. Equity markets ended the month in slightly negative territory, mostly due to falling prices in the US and emerging markets. At the beginning of the month, it even briefly looked like there might be a … Read more

Herman Henken

Associate Investment Manager +31 (0)88 8086996 +31 (0)6 37227341 hhenken@providencecapital.eu vCard LinkedIn Herman is an Associate Investment Manager at Providence Capital. He is a member of the Investment Committee and is also active within the Portfolio Management team, where he focuses on client monitoring and portfolio analysis. He first completed his bachelor’s degree in Economics … Read more