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Date
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November 3, 2022
Technology

Kenyan agritech Hello Tractor wins Lhoft’s Africa bootcamp

A Kenya-based fintech-agritech firm called Hello Tractor has emerged as the winner of the fifth edition of Catapult: Inclusion Africa , a week-long financial inclusion bootcamp that is part of an accelerator programme developed by the Luxembourg House of …
November 3, 2022
Asset Managers,News

Fed makes clear swift return to normal is unlikely

Chances of a real turn in short-term interest rate policy seem to have been squandered since yesterday. According to specialists at Aegon AM, PGIM and T. Rowe Price, interest rates will remain high for several more quarters. A quick reversal in interest …
November 3, 2022
Asset Servicing

Apex completes acquisition of AIFMD depositary Darwin

Following regulatory approval, Apex Group has completed its acquisition of Darwin Depositary Services, an Amsterdam-based provider of depositary services to alternative investment funds, the company announced this morning. Financial details were not …
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 …