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Date
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November 3, 2022
Asset Managers

JPMAM survey: alternative ESG strategies seen growing

While equities will remain a dominant feature of sustainable investment portfolios, multi-asset and alternative strategies are expected to gain ground in the coming years. A new survey conducted among European investors shows that they expect their …
November 2, 2022
Transfers

Samuel Kuborn joins IQ-EQ in new role of regional COO

Samuel Kuborn is joining investor services firm IQ-EQ in a new role of regional chief operating officer, continental Europe, the firm announced on Wednesday. Kuborn, until recently at RBC Investor & Treasury Services, brings to IQ-EQ 26 years of …
November 2, 2022
Asset Managers,Transfers

Stefano Amato to co-manage M&G Income Allocation Fund

Stefano Amato has joined M&G Investments as a senior fund manager in the multi asset team. Amato, who joins from Santander, will co-manage the 1.1 billion euro M&G (Lux)  Income Allocation Fund alongside Steven Andrew to whom he will report.  Based in …
November 2, 2022
Asset Servicing

Apex closes acquisition of IIS, InvestNow in New Zealand

Apex Group, a global financial services company with a major presence in Luxembourg, said on Wednesday that it has closed its acquisition of Implemented Investment Solutions, or IIS, and InvestNow in New Zealand.  Financial details were not disclosed. …
November 2, 2022
News,Sector,Laws and Regulations

CSSF’s Ucits, AIF fund cost review draws criticism

Luxembourg financial supervisor CSSF, a long-time ally for Luxembourg’s booming fund industry, is drawing reluctant criticism from some people in the sector over its recently announced initiative to review pricing mechanisms for investment funds. …
November 1, 2022
Asset Servicing

Waystone becomes Ireland's largest Ucits ManCo 

Dublin-based third-party management company Waystone on Tuesday said that it has closed its acquisition of Irish fund management services firm KB Associates in a transaction that makes it Ireland’s largest management company for Ucits funds. As a result …
November 1, 2022
News,Asset Servicing

With Caceis, Amundi’s Fund Channel aims to boost growth

Amundi Group's distribution platform Fund Channel has taken Caceis on board as a shareholder and now to plans to accelerate its growth in distribution in order to deliver on its ambition of nearly doubling its assets under intermediation by the end of …
November 1, 2022
Events

Good practices in ESG reporting: 1 Dec. Benelux Online Debate

Morningstar and Investment Officer Luxembourg invite you to join us online on Thursday 1 December 2022 at 15 CET for the “Good Practices in ESG Reporting” interactive online debate.  A panel of sustainable finance experts from financial institutions and …
November 1, 2022
Sector,Supervision,Laws and Regulations

FATF visit to Luxembourg: what to expect and when

The exact arrival dates of the Financial Action Task Force on-site assessors in Luxembourg remain a secret, so expect them to arrive anytime soon. The two weeks these unnamed individuals will spend this month in Luxembourg are just a fraction of the …
October 31, 2022
Supervision,Laws and Regulations

Gazprom’s Gaz Capital fined by CSSF for late annual report

Luxembourg‘s financial supervisor on Monday said it has slapped a fine of 10,000 euro on a Luxembourg subsidiary of Russian state-owned gas producer Gazprom because it was late in filing its annual report for last year. Gaz Capital SA is fully controlled …