Asset Manager

This week’s overview of transfers, appointments, and other career news in the fund and asset management community in and around Luxembourg includes updates from Bank Lombard Odier, European Depositary Bank and Blackrock.

The largest maturity date in Belgium’s financial history. That is how Peter Adams, CEO of ING Belgium, describes today’s expiry of the much-debated one-year state note, on 4 September.

Partners Group, the Swiss-based private markets investment firm that is also a major player in Luxembourg, has reported a significant decline in performance fees for the first half of 2024 because investment exits are being postponed and becoming more difficult.

The Securities and Exchange Commission (SEC) has introduced new regulations requiring fund managers to disclose their investment holdings on a monthly basis, replacing the current quarterly reporting schedule.

Index rules and procedures can create a significant divergence between overall market performance and the returns that investors in index funds actually receive.

Technological dominance is the new geopolitical battleground. Companies and countries alike must embrace artificial intelligence if they don’t want to be left behind. This is part six in Investment Officer’s seven-part special series on geopolitics and investing.

It might seem like Europe has its financial house in better order than the United States. But hold on a moment — this might just be an optical illusion!

The fortunes of corporate bonds seem heavily reliant on a ‘soft landing’ scenario, given the tight spreads. However, recent history reminds us that spreads can easily double during a recession.

This week’s overview includes updates from the EBRD, Degroof Petercam, Solidum and Lighthouse Canton.

Nvidia, the crown jewel of the AI revolution, failed to meet investors’ high expectations on Wednesday night as its third-quarter revenue forecast fell short due to a snag in the production of its new Blackwell chip.