Asset Managers

Crypto assets, as an asset class, have seen soaring valuations and scandals over the years. One Luxembourg AIFM thinks this country’s nascent crypto asset ecosystem is primed for growth from institutional investors when all the puzzle pieces finally fit together.

As Wall Street’s financial giants approach their annual shareholder meetings, the calls for restraint and closer alignment of executive pay with company performance and shareholder interests signal a potentially contentious voting season.

Steffen Pauls led KKR in Germany for over eleven years before becoming CEO of Moonfare. In 2015, he left the American investment company with a new goal: making private markets accessible to individuals. He understands all too well this target group sometimes has ethical concerns regarding this sector.

Despite constant new regulations and sophisticated technology, one of the main reasons why money-launderers and terrorism financiers continue to succeed is a simple lack of qualified personnel able to make effective use of such tools, according to a recent survey carried out in the Europe, Middle East and Africa (EMEA) region by global accounting firm PwC.

Equity investors cling excessively to certainties and undervalue innovations, leading to particularly strong return prospects for certain growth stocks, asserts Tim Garratt, an investment specialist at Baillie Gifford.

Schroders plc, one of Europe’s leading asset managers, has announced that its CEO, Peter Harrison, intends to retire next year after a decade on its board.

The firm, headquartered in London, has initiated a search for his successor and anticipates an orderly transition throughout 2025. Harrison will remain a director of the company during this period.

Among the recently registered AIFs in the CSSF’s AIF Identifiers dataset is “Yeldo Varedo S.C. SP”, a fund registered on behalf of Yeldo, an Italian/Swiss investment manager focusing on originating real estate deals. The firm has made use of Luxembourg structures such as the reserved alternative investment fund (Raif) since its inception. 

Sentiment around defence stocks appears to be on the upswing. Numerous investors previously avoided such investments, yet deglobalisation and geopolitical unrest have made the case for investing in defence more tenable.

The amended EU proposals for a retail investment strategy have spurred asset managers to reflect on the value the offer for the money that they take, it beame clear at a Luxembourg discussion at the ALFI conference.

Waystone Luxembourg on Tuesday said it will provide single-umbrella ManCo and related services to US-based Fred Alger Management’s SICAV range.

The partnership will add 600 million US dollars to Waystone’s AuM, raising it to 2,000 million US dollars and is part of the firm’s international expansion effort in recent years.