Asset Manager

This week’s overview of transfers, appointments, promotions and other career news includes updates from PwC Luxembourg, EY Luxembourg, the European Securities and Markets Authority (ESMA), the European Stability Mechanism. DLA Piper, CMS. Fundcraft and CAIA Luxembourg

Luxembourg financial regulator CSSF has confirmed that the 34.49 percent holding in Nvidia by an Amundi fund does not constitute a breach of the 2010 law on undertakings for collective investment, which caps Ucits investments in most individual stocks at 10 percent.

Fondsen met allocaties aan Nvidia, de Amerikaanse producent van kunstmatige intelligentiechips, zaten aan hun concentratielimieten voordat het aandeel tijdens recente handelssessies wat van zijn spectaculaire winsten begon in te leveren.

Esma’s new guidelnies on using ESG or sustainability related terms in fund names may have massive implications for fund managers, writes Sebatiaan Hooghiemstra.

Fund portfolios with allocations to the U.S. producer of next-generation artificial intelligence chips were at their concentration limits before the stock on Monday gave up some more of its spectacular recent gains.

A company’s human capital is difficult to value, but the art of attracting and retaining talent is often the starting point of disruptive innovation.

Amsterdam-based investment firm Van Lanschot Kempen is keen to expand its market share in Belgium.

European family offices are taking advantage of falling US real estate prices, seeking opportunities in prime office spaces and “trophy assets” despite market instability.

European ambitions to boost capital flow through increased retail investment, exemplified by the European Long-Term Investment Fund (Eltif), hinge on tax incentives to encourage widespread savings, essential for success.

Research by Ludovic Phalippou of Oxford University reveals that Benelux pension funds are the third largest sponsors of performance bonuses for US private equity firms.