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Date
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May 16, 2024
Transfers

Transfer Thursday: Gen II, Nuveen, PWC, ARK Invest

This week’s overview of transfers, appointments, promotions and other people news includes updates from Gen II Fund Services, Nuveen, PWC Luxembourg, Robeco, Candriam and Ark Invest.  Gül Poslu Gül Poslu (photo) has been named head of Benelux at Nuveen, a …
May 16, 2024
Asset Managers

Blackrock veteran Ramji appointed as CEO of Vanguard

Vanguard Group has announced that Salim Ramji, formerly of BlackRock, will become its new CEO on July 8th. Ramji, who will also join the board of directors, will take over from Tim Buckley. Until recently, Ramji was responsible for BlackRock's …
May 15, 2024
Laws and Regulations

Lukewarm reactions to EU’s withholding tax overhaul plan

A plan that could provide cross-border investors in the European Union with annual gains worth more than eight billion euro has moved a step closer to becoming reality in 2030. EU finance ministers on Tuesday signed off on a major overhaul of …
May 15, 2024
Opinion

Europeans don’t need or want to work like Americans

According to Nicolai Tangen, head of Norway’s sovereign wealth fund, Europe is less hard-working, less ambitious, more regulated, and more risk-averse than the US. Yet, the average European is also likely to live a healthier, happier, and longer life than …
May 14, 2024
News,Sector

BCG sees headwinds for asset management

The latest edition of the Boston Consulting Group's (BCG) Global Asset Management Report provides a stark portrait of today's asset management industry. Despite a robust 12 percent growth in global assets under management, reaching a formidable 120.000 …
May 14, 2024
Sector

How to interpret the performance of a portfolio

As fund managers or financial advisers, evaluating the performance of an investment portfolio and accessing pertinent information are crucial. Professors Georges Hübner (photo) from the University of Liège and Pascal François from the University of …
May 13, 2024
News,Sector

Church investors shift more and more towards impact investing

Religious institutions have traditionally had a unique approach to asset management and investment. In recent years, attention to climate change and socially responsible investing has become increasingly important, though widespread professionalisation …
May 13, 2024
Investing,Opinion

Inflation and the power of information

Inflation is rearing its head again, and many fear a rerun of the 1970s scenario. But here’s the catch: the world today is vastly different from back then, mainly because of our access to information. It's a game-changer. Think about it: a smartphone user …
May 9, 2024
Products

Supremacy of the Magnificent Seven is being challenged

Increased concentration in equity markets has emerged as a significant concern for investors. The rising dominance of US companies globally, notably the pronounced influence of the technology sector in major stock indices, is typified by the hegemony of a …
May 8, 2024
Asset Managers,Private Banks,Wealth Managers

Degroof Petercam net profit down 26% as taxes, one-off costs bite

Degroof Petercam, Belgium’s largest private bank with a significant presence in Luxembourg, on Wednesday posted a double-digit decline in its full year net profit because of one-time costs related to sale of a majority stake to France’s Credit Agricole …