Providence Capital 
It seems simple: the government orders money, the central bank supplies it, keeps the interest at around 0% and you get it transferred. Then a few more mouse clicks and your order is on its way to the store. And they click your order through to the factory. Will that work? Probably if we only … Read more
The world is getting back on track, especially in the US, where nearly 1 million jobs were added in the past month and the services sector also appears to be recovering. Both the vaccination and the emergency plan got off to a flying start. But perhaps another few thousand billion dollars in stimulus will be … Read more
Inflation and interest rates If there is no inflation, interest rates are low and stocks are likely to be well priced. But if inflation were to increase and thus cause interest rates to rise, it will be a different story for stocks. That is the core of the current discussion in financial markets. But what … Read more
Providence Capital, together with approximately 150 institutional investors, supports the initiative for a fair and equitable distribution of the COVID-19 vaccines. Of the approximately 128 million vaccine doses administered to date, 75% have been administered in 10 countries. There are still 130 countries with a total of 2.5 billion inhabitants where no dose has yet … Read more
Alternative Investments +31 (0)88 8086972 +31 (0)6 24352111 mscherpenhuijsenrom@providencecapital.eu vCard Michiel is responsible for Private Markets. Previously he worked for several family offices/business owners where he focused on direct and indirect private equity/debt and general financial advice.Prior to that he was partner of a UK private equity firm. Michiel started his career at the Bank … Read more
Associate Investment Manager +31 (0)88 8086910 +31 (0)6 45488863 jhagens@providencecapital.eu vCard Joost graduated in Financial Economics from Erasmus University Rotterdam. He started at Providence Capital as a working student in March 2020 and has been officially employed since 2021. Joost is a member of the Investment Committee and is jointly responsible for portfolio management and … Read more
Bubbles Many of us will remember the tech-bubble in the late 90s when the talk of the day was about shares and options of mostly new, often unknown companies, which hardly made a profit, if at all. That was an indication of all the things that went wrong afterwards. These days, mature central bankers and … Read more
Partner +31 (0)35 6926752 +31 (0)6 50510668 bkollem@providencecapital.eu vCard LinkedIn Berry is a member of the investment committee and responsible for the ESG investment policy and for the investment consulting services. He has been a first vice-president and for 8 years a senior investment manager with Merrill Lynch. Before joining Merrill Lynch, Berry has been … Read more
Hope and reality Naturally, I’d like to start this newsletter by wishing you a relaxed and healthy New Year. Without virus worries but with the holiday that you have had to postpone a few times and with a bite in a restaurant or a little drink on a terrace every now and again. And without … Read more
Special developments and achievements experienced during a certain period of time are often named “golden moments”… This was certainly the right description of the Dutch “Golden” 17th Century as well as for the City of London’s Golden Age as the financial heart of Europe. Both historic events now. Last month was a golden time for … Read more
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