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July 20, 2020

La Financière de L’Echiquier : « La qualité est encore plus importante que la croissance »

La qualité, et pas la croissance, est le vrai facteur de différentation dans les marchés, déclare Adrien Bommelaer, gestionnaire de portefeuille chez le boutique asset manager français, La Financière de L'Echiquier (LFDE), dans un podcast. En raison de la …
July 15, 2020
Asset Allocation,Investing

‘Net corporate debt to rise by $1 trillion in 2020’

Net corporate borrowing around the world will increase by $1 trillion in 2020 as the coronavirus pandemic is further increasing companies’ need for debt financing, according to research by Janus Henderson Investors. Global corporate debt had already …
July 15, 2020
Asset Allocation,Investing

‘Private equity must demonstrate commitment to real economy’

On 1 September 2020, Rajaa Mekouar will leave her CEO functions at LPEA, the Luxembourg Private Equity and Venture Capital Association, to fully focus on her PE/VC Head and Portfolio Manager functions. She will be succeeded by Stephane Pesch, who has …
July 14, 2020
Asset Servicing

Allfunds: Europe's biggest B2B fund platform in the making?

Fund distribution platform Allfunds recently launched a separate B2B platform for mandate solutions in Luxembourg. The new service aims to become the leading B2B sub-advisory platform in Europe and bring fiduciary knowledge to the wholesale sector.  ‘We …
July 13, 2020

Trump starts war on ESG

The Trump administration has proposed a bill prohibiting pension funds from incorporating ESG criteria into their portfolios. The Department of Labor's proposal instructs pension funds to choose investments ‘based solely on financial considerations’. …
July 10, 2020
Asset Allocation,Investing

Will inflation ever rise again?

As a result of the Covid-19 crisis, inflation expectations have fallen even more. From already very low levels. When, if ever, will inflation ever rise again? Peter De Coensel, CIO Fixed Income at Degroof Petercam Asset Management (DPAM) and fund manager …
July 9, 2020
Private Banks

Active clients propel Degroof Petercam private banking profits

The income of Degroof Petercam Luxembourg’s private banking division has not been dented by the coronavirus crisis. To the contrary, results have been ‘above expectations’ thanks to a sharp increase in trading revenue, says its head Kris De Souter in an …
July 8, 2020

KPMG sends "green fraud" warning to investors

Sustainability fraud is on the radar of few investors and asset managers, but it is potentially much more harmful. The introduction of the EU green taxonomy will only serve as a further incentive for companies to misrepresent their sustainability …
July 7, 2020
Asset Servicing

State Street grapples with Covid-19 HR concerns

State Street Luxembourg seems to have ridden out the first wave of the coronavirus crisis. Yet what of the return to work and a potential secondary shock? We asked Eduardo Gramuglia Pallavicino, State Street Luxembourg’s country head. ‘It all worked quite …
July 6, 2020
Asset Allocation,Investing

Investors return to active equity funds

In a remarkable turn of events, actively managed equity funds suddenly saw substantial inflows in May, after months of steady outflows. At the same time, investors left index trackers in droves. Over the past few years, it seemed the market share of ETFs …