3156 results for ""
Date
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September 8, 2022
Asset Servicing,Investing

Canada’s top pension fund takes Uni Investment stake

Canada’s main pension fund, CPP Investments, has agreed to become a major shareholder in Universal Investment, a leading third-party Super ManCo active in Luxembourg, by acquiring a significant stake in the firm from private equity and venture capital …
September 8, 2022
Asset Servicing

Apex buys Canada’s Prometa Fund Support Services

Apex Group, a fund services provider with substantial operations in Luxembourg, on Thursday said it has acquired Prometa Fund Support Services Inc., a Canada-based provider of fund services. Financial details were not disclosed. Prometa delivers fund …
September 8, 2022
Investing

Investment fund sales turn negative in second quarter

Rising inflation, the tightening of monetary policy, Russia’s invasion of Ukraine, and the resulting risks to economic growth have caused sales of investments funds defined as Undertakings for Collective Investments for Transferable Securities, or Ucits, …
September 8, 2022
Asset Allocation

‘Make no mistake: the next six months won’t be pretty’

The era of negative interest rates on government bonds is over, but the moment when government bonds will again generate both portfolio protection and returns is still far away. Especially in Europe, the situation is tough. The ECB has its hands tied. The …
September 8, 2022
Asset Managers

Degroof Petercam participates in capital increase at Quadia

Degroof Petercam on Wednesday said it has strengthened its partnership with Swiss-based impact investor Quadia by participating in a capital increase. Financial details were not disclosed.  Following the capital increase, Basel-based Hanaku AG becomes a …
September 7, 2022
News

ECB to raise eurozone rates, but should it really?

Most economists, fixed income analysts and investment strategists agree that the European Central Bank on Thursday will raise interest rates. The key question is: will the hawks get their 75 basis point hike? Or will doves be heard with a 50 point …
September 7, 2022
Asset Managers,Laws and Regulations

Firms reluctant to discuss sustainability with clients

One month after the EU ordered the investment sector to ask clients for their sustainability preferences, investment firms appear to show limited enthusiasm for complying with the new requirements as complexity around the EU's ESG rules persists and …
September 6, 2022
Asset Managers,Asset Servicing

Mandatum, UI launch secured loan fund as sub-Raif

Finland’s Mandatum Asset Management and fund services platform Universal Investment on Monday said they have launched a new open-ended Senior Secured Loan Fund for professional investors in Europe that will finance leveraged buyouts in Scandinavia and …
September 6, 2022
Investing

Pictet: equities underweight, downgrades Chinese stocks

Pictet Asset Management advises its clients to remain underweight in equities and maintained an overweight view on US Treasury bonds. In its latest market outlook, the Swiss-based firm said it reduced the risk in its portfolio by downgrading Chinese …
September 5, 2022
Technology

Romain Swertvaeger named as head of fintech at EY

Romain Swertvaeger has been appointed as head of fintech at EY Luxembourg. He takes over from Gaël Denis, who earlier was appointed as chief operating officer at the firm. Swertvaeger will lead EY’s fintech practice, which provides services ranging from …