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Date
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22 février 2023
Investissement

Efama reports Є278 bln in fund outflows for last year, ETFs strong

European Ucits and AIF investment funds experienced net outflows of 278 billion euro last year, the biggest level since the financial crisis of 2008, according to industry statistics compiled by the European Fund and Asset Management Association, Efama. …
21 février 2023
Asset Managers

BNP’s Denis Panel joins Generali’s Sycomore as CEO

Denis Panel has been appointed as the new chief executive officer of Sycomore Asset Management, a unit of Generali Investments, the firm announced on Tuesday. Panel, 52, served until recently as global head of the multi-asset, quantitative & solutions - …
21 février 2023
Administration d’actifs

Apex names Pam Goldminz head of Dallas office

Pamela Goldminz has been named as head of the Dallas officer at financial services provider Apex Group, the firm announced on Tuesday. The appointment follows organic growth and acquisitions in the Texas market, it said. Apex Group, active in Luxembourg …
21 février 2023

Wall Street ‘Einstein’ Tuchman: new investors ‘crazy gangsters’

He is the New York Stock Exchange's most photographed trader, also known as the “Einstein of Wall Street” on Instagram. Speaking to Investment Officer , veteran floor trader Peter Tuchman talks about the game changer in his profession: the new generation …
20 février 2023
Lois et réglementation

French supervisor AMF pushes for major SFDR reform

French financial supervisor AMF is calling for a major reform of the EU’s SFDR rules for sustainable finance disclosures and proposed to remove fossil fuel activities from investment funds that are classified as “dark green” Article 9. Marie-Anne …
17 février 2023
Opinion

In Flux: Eltifs will be tough nut to crack

This week’s adoption of the updated EU regulation for long-term investment funds, known as Eltifs, raises hopes and expectations, both at a European level as well as on the ground in Luxembourg. Now it’s up to the industry to deliver. The fund ecosystem …
17 février 2023

Private assets growth pushes up KPMG revenue 8% in 2022

KPMG Luxembourg on Thursday said its revenue increased a steady 8 percent last year, buoyed by a “significant” market growth in private assets. The firm reported revenues of 276 million euro for last year. A little less than half of that business - some …
17 février 2023
Banques privées

Quintet plans to cut 165 jobs this year, 9% of workforce

Luxembourg-based private bank Quintet this year plans to eliminate 165 jobs, or 9 percent of its 2,000-strong workforce in six European countries as it attempts to become a more efficient organisation. Most jobs are expected to disappear through natural …
17 février 2023
Répartition des actifs,Investissement

Top 5: GMO Climate Select leads inflows into Article 9

The Sustainable Finance Disclosure Regulation marks its second anniversary next month. Although it was quickly adopted as a sustainability label, its actual purpose was to provide a framework for communicating the extent to which sustainability plays a …
16 février 2023
Lois et réglementation,Gestionnaires de patrimoine,Investissement

European parliament adopts Eltif upgrade with 70% majority

Protesting Turkish Kurds on Wednesday did not keep the European Parliament in Strasbourg from adopting the eagerly anticipated upgrade of the EU regulation for long-term investment funds, a package known as Eltif. An overwhelming majority of 492 members, …