Market share of passive investing in Europe is growing significantly
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.
Asset owners bullish on hedge fund growth, study shows
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.
Transfers: Crédit Mutuel AM, Esma, Schroders, Carmignac, Vistra, M&G
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.
Finance minister Roth pledges bigger bonuses for Luxembourg
Luxembourg’s finance minister, Gilles Roth, has outlined plans to reform the country’s profit-sharing bonus regime and expat tax policies to enhance its attractiveness to international talent.
Transfer Thursday: Altaroc, Schroders, Euroclear, Candriam
This week’s overview of transfers, appointments, promotions and other career news in the international fund and asset management community includes updates from Altaroc, Schroders, Euroclear and Candriam.
Private debt funds top €500 bln amid concerns over ESG caution
The Luxembourg private debt market has reached a new milestone, surpassing 500 billion dollars in assets under management (AuM) according to the 2024 Private Debt Fund Survey, published by KPMG in collaboration with the Association of the Luxembourg Fund Industry (ALFI). The survey reveals a 21.5 percent growth in AuM, reaching 510 billion dollars, continuing its strong upward trajectory despite global market turbulence.
Transfer Thursday: M&G, BDO, HSBC, Governance.com
This week’s overview of transfers, appointments, promotions and other career news in the international fund and asset management community includes updates from M&G, BDO, Governance.com, the Luxembourg School of Business and the Luxembourg Competition Association.
Transfer Thursday: Alfi, Marsh McLennan, EY, Amundi
This week’s overview of transfers, appointments, promotions and other career news in the fund and asset management community in and around Luxembourg includes updates from Alfi, Marsh McLennan, EY Luxembourg and Amundi.
JP Morgan, State Street dominate Luxembourg fund industry
JP Morgan and State Street have reinforced their dominance in Luxembourg’s fund industry, according to the latest Monterey Insights Luxembourg Fund Report 2024.
Esma register shows 29 new Eltifs authorised in first half
The revamped Eltif 2.0 framework, effective since January, is breathing new life into the sector, with Luxembourg playing a central role in this expansion of the market for European Long-Term Investment Funds.