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Date
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January 18, 2023
Asset Servicing

EDB names Thils, Steele to executive management board

European Depositary Bank, part of the Apex group, has appointed managing directors Jean-François Thils, and Robert Steele (photo) as members of the executive management board. David Rhydderch steps down from the EDB board and has been appointed as global …
January 18, 2023
Investing

Japan’s exit from yield curve control has investors on edge

Not Davos, but Tokyo has the markets’ attention this week. The Bank of Japan earlier today defied market expectations by keeping its Yield Curve Control interest rate policy unchanged, at least for now. Markets question however how long the BoJ can …
January 18, 2023
Asset Servicing

Centaur gives Waystone a leg up in fund admin services

Dublin-based international management company Waystone, a major actor also in the Luxembourg market, has added fund administration to its range of offerings now that its acquisition of Centaur Financial Services, also Dublin-based, has obtained regulatory …
January 18, 2023
Asset Managers

Damodaran: Uncertainty is fundamental to investing

Investors concerned about uncertainty need to understand that it is fundamental to investing, but humans have a difficult relationship with it. Aswath Damodaran, a professor at New York University’s Stern School of Business and a prolific writer and …
January 17, 2023
Asset Managers

‘World’s biggest asset managers block ESG progress’

How asset managers vote on corporate resolutions every year determines the future of our planet, but the world's very biggest investment corporations continue to block progress on environmental and social issues.  Researchers from non-profit organisation …
January 17, 2023
Asset Managers,Transfers

M&G Asset Management names Joseph Pinto as CEO

Joseph Pinto will join M&G Asset Management in March as its new chief executive officer, the international savings and investment firm said. Pinto joins from Natixis Investment Managers and succeeds Jack Daniels who announced his retirement last summer …
January 17, 2023
Asset Servicing

Alfi Partners becomes part of FundRock, joins Apex family

Global financial services provider Apex Group is taking over Alfi Partners, a Luxembourg-based third-party fund marketing specialist, the firm announced today. Alfi Partners will become part of Apex FundRock, the largest third-party manager of investment …
January 17, 2023
Asset Managers

Industry on greenwashing: intent, uncertainty matter

Regulatory uncertainty that the industry is contending with as a result of the complex range of interacting legal requirements needs to be recognised as a factor when considering greenwashing, Efama, the EU’s main trade body for asset management, said. …
January 17, 2023
Sector

Made in Europe: France wants to save EU industry

Discussing and agreeing a single and coordinated EU “industry policy” has often been difficult and controversial in Brussels. Yet, all of a sudden, the “i-word” is back in fashion; the European Union should even make it the reason for its existence, …
January 16, 2023
Opinion

In Flux: A turning point for Quintet?

“The UBS phase is over,” a Quintet banker told me last week. Luxembourg-based Qatari-owned Quintet Private Bank - 2,000 staff in 50 cities - is looking forward to calmer waters after sailing through choppy waters during the last three years. That course …