Investment Officer

This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Quintet Luxembourg, Candriam and Zedra Group.

The Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has issued administrative fines to five alternative investment fund managers for failing to comply with anti-money laundering and counter-terrorism financing (AML/CFT) regulations.

This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Carmignac, CMS Luxembourg, and Mainstreet Partners.

UBS Asset Management has expanded its digital asset capabilities with the launch of the “UBS USD Money Market Investment Fund Token” (uMINT), a tokenised money market product built on Ethereum’s distributed ledger.

This week’s overview of industry appointments in and outside Luxembourg includes updates from State Street, Vistra, RBC Bluebay Asset Management, and Cyberr.

Franklin Templeton has secured approval from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), to launch the first fully tokenised UCITS fund in the country.

This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Edmond de Rothschild Asset Management, Zedra and HSBC.

More than half of the investment funds and ETFs sold in Europe now consist of passive investments. Over the past three years, this market share has increased from 34% to 56%. This trend is largely driven by two major US firms, BlackRock and Vanguard.

Institutional investors are predicting significant growth and risk-adjusted returns in the hedge fund sector over the next few years, according to new global research from Beacon Platform Inc., a provider of portfolio analytics and risk management solutions.

This week’s overview of transfers, appointments, promotions and other career news in the fund and asset management community in and outside Luxembourg includes updates from Crédit Mutuel Asset Management, the European Securities and Markets Authority (Esma), M&G, Schroders, Carmignac and Vistra.