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July 11, 2023
Private Banks

Antonucci named Chief Investment Officer at Quintet

Daniele Antonucci has taken on a new role at Quintet Private Bank. He has been appointed as Co-Head of Investment & Chief Investment Officer per July 1, he announced in a post on LinkedIn. Antonucci joined Quintet in April 2020 and has since then served …
July 11, 2023
Asset Allocation

Pimco: Prolonged high rates will punch hole in balances

The world's largest active bond house is warning that, despite last week's declines, stock markets are still too optimistic about the ability of central banks to stave off a recession. This recession, says Pimco's global strategist Gene Frieda, is the …
July 11, 2023
Asset Managers,Sector

Efama: European funds sector does not pose systemic threat

The European Fund and Asset Management Association (Efama) has declared that the European investment fund sector is not capable of undermining financial stability to the extent that it results in systemic risks. This was outlined in a recent ambitious …
July 10, 2023
Asset Managers

Asset managers await a Darwinian consolidation battle

Accountancy firm PwC’s latest global asset management survey predicts a Darwinian industry shake-up, forecasting that one in six asset management firms worldwide will disappear by 2027 amid looming consolidation and technological disruption. “The choice …
July 7, 2023
Asset Managers,Sector

Podcast: Alfi chair Goy on priorities for Luxembourg funds

  Jean-Marc Goy, recently appointed as chairperson of Alfi, the Association of the Luxembourg Fund Industry, speaks to Investment Officer's Raymond Frenken about his priorities for the association and about Luxembourg's role as a leading European and …
July 7, 2023

LSFI identifies urgent training gaps in sustainable finance

The Luxembourg Sustainable Finance Initiative (LSFI) has identified a series of urgent training gaps within the finance industry that need to be addressed over the next two years, according to a recent report. This detailed examination of current training …
July 7, 2023
Private Banks

Quintet: ‘BlackRock offers us a new arsenal of options’

“This partnership offers us a new arsenal of investment options. We also gain access to BlackRock's technology and data. Our partner's scale allows us to lower costs for our clients,” says Ludivine Pilate, CEO of Belgian private bank Puilaetco in an …
July 6, 2023
Asset Managers,Private Banks

‘French, Swiss banks hold best cards in bid for Degroof Petercam’

In what appears to be the final stage of bidding for Belgian private bank Degroof Petercam, two foreign banks are set to battle it out, Flemish daily De Standaard reported on Thursday, citing ‘several observers’.  The bidding process for Degroof Petercam …
July 6, 2023
Asset Servicing

Apex to service BTC’s Argento oil and gas fund from Miami

Apex Group on Thursday said it has been appointed by BTC Investment Group to deliver fund services to its Argento Energy Fund LP, launched by the Mexican family office BTC in 2022, to manage investments in the US onshore oil and gas industry, with a …
July 6, 2023
Private Banks

Quintet partners with BlackRock to boost investment services

Quintet Private Bank, headquartered in Luxembourg and operating across Europe, on Thursday said it has signed a memorandum of understanding with BlackRock, the world’s largest asset manager. The agreement will extend Quintet’s investment capabilities, …