Transfers: Fidelity, La Française, Partners Group, Palana, Schuman, URW, Robeco
This week’s roundup of people transfers and appointments.
New generation of billionaires shifts to external management
Europe is consolidating its position as the global hub for inherited wealth, but the way that capital is managed is undergoing a radical modernization.
Luxembourg money market fund becomes Amundi’s first DLT fund
Amundi on Thursday announced that it has launched its first tokenized share class, marking a step into blockchain-enabled fund distribution for Europe’s largest asset manager.
Transfers: Schroders, DNCA, Loomis Sayles, Edmond de Rothschild AM
Our weekly coverage of people moves.
KPMG enlists Allvue to speed tech adoption in alternatives
Miami-based Allvue Systems said Tuesday it will form a strategic partnership with KPMG Luxembourg to support all client implementation work across Europe, a move aimed at helping global asset managers navigate Luxembourg’s increasingly complex fund landscape.
CSSF says fund industry ‘maturing’ on WMD risks
Luxembourg’s financial regulator CSSF has concluded that investment fund managers are increasingly aware of the risks associated with the financing of weapons of mass destruction, yet many of their internal safeguards remain underdeveloped.
BLI reshuffles fund management leadership, Wagner remains CIO
This week’s people moves feature appointments at Banque de Luxembourg Investments (BLI), FE fundinfo, Swissquote, UBP, Baillie Gifford, Mapfre, Robeco, and SFO Alliance.
Transfers: LuxSE, BNP Paribas Cardif, APG, Apex Group
This week’s overview of people moves in the investment industry includes new leadership appointments at the Luxembourg Stock Exchange, BNP Paribas Cardif, and APG.
Luxembourg residents say it takes €2 mln to feel wealthy
It takes about two million euros in net assets to be considered wealthy in Luxembourg, according to new data that highlights rising perceptions of affluence in one of Europe’s richest economies.
Transfers: Ida Lerner swaps DNB to join ING as CFO
This week’s overview of people moves in the investment industry includes new leadership appointments at ING Group, Carne Group, and Haca Partners.