AssetCare: fee structures in private equity and hedge funds
The fee structure of an investment fund is more than a contract: it is a barometer of trust between fund manager and investor. Nothing frustrates a client more than paying a performance fee in a year with a negative total return, even if the manager has outperformed the benchmark.
Robinhood set to hack Europe’s equity rulebook using MiCA
Robinhood, the Silicon Valley-based brokerage known for disrupting Wall Street with zero-commission trading and meme-stock mania, is making a bold play for Europe. Its strategy? Rewire equity markets using blockchain.
Schroders Capital defends continuation funds against mounting criticism
Against a wave of skepticism, Schroders is one of the few large firms openly championing continuation funds. Nils Rode, chief investment officer at Schroders Capital, argues the criticism is overblown. The funds, he says, typically offer about 25 percent faster liquidity, more predictable returns, and fees that are roughly half those of traditional buyouts.
Chart of the week: ‘Les problèmes’
Lovely vacation or not, some things never change. Like the seemingly endless task of filling lunch boxes for school kids. But also, France’s political instability never ends. The simple reason is that the underlying problem—its budget mess—can no longer be cleaned up.
Investing in the US or in Asia?
Wie instapte na de aankondiging van de Amerikaanse importheffingen (2 april), behaalde bijna 30 procent. Hoe moet het nu verder en waar te beleggen?
Alto! Amundi casts a European spell on Aladdin
Amundi COO Guillaume Lesage, in an interview, reveals how Alto is trying to break Aladdin’s spell, offering a European SaaS alternative in portfolio management tech.
Bleak half-year: private equity hits its limits
Far fewer deals, much less fresh capital: private equity managers have had a particularly hard time in recent months. A shake-out seems likely, specialists believe. The sector has run into its limits.
Transfers: Partners Group, PWC, Bankers Trust, FNZ
This week’s international overview of people transfers and appointments includes updates from Partners Group, PWC Luxembourg and the Bankers Investment Trust.
CSSF tightens stance with sharp rise in sanctions
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has published its 2024 annual report, and the message is clear: the fight against money laundering and terrorist financing (AML/CFT) remains at the heart of its mandate.
WTax: Clearer tax reclaim timelines mean smarter planning
Withholding tax reclaims are often slowed by factors outside an investor’s control. Yet, understanding when refunds should arrive is a severely underused investment tool for improving financial planning and control.