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Date
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May 17, 2024
Sector,Transfers

Emmanuel Gutton leaves Alfi for White & Case partnership

Emmanuel Gutton, a well-known legal expert in Luxembourg who until recently served as deputy CEO at the Association of the Luxembourg Fund Industry (Alfi), has joined New York-headquartered law firm White & Case LLP as funds partner.  Gutton will advise …
May 17, 2024
Products

If you could go anywhere in bonds, where would you go?

This week, we look at bond funds that can freely explore the entire fixed-income and currency universe in search of the best opportunities. Given that bonds, like other types of investments, can be a challenging asset class to predict, it might be a wise …
May 16, 2024
Laws and Regulations

NAV calculation errors to be addressed in CSSF-Alfi webinar

Luxembourg's financial supervisor Commission de Surveillance du Secteur Financier, CSSF, and Alfi, the Association of the Luxembourg Fund Industry, will host a joint webinar on 6 June to discuss the new new rules for investment funds concerning errors in …
May 16, 2024
Sector,Investing

For Brendan Ballou, PE is a perversion of capitalism

Sprawling corporate deals by private equity companies promise prosperity, but often deliver peril. Meanwhile the sector skirts legal responsibility for its actions. That’s the main takeaway of Brendan Ballou’s bestselling book Plunder: Private Equity’s …
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 …