All stock market roads lead to US
“The United States remains the place to be for investors, despite the significant outperformance in recent years. Nowhere are you better served as an equity investor. For emerging markets, caution is especially necessary after the recent debacles in China.
It is better to reduce overweight positions to neutral and wait until the fog lifts. Especially in China,” investment strategist, consultant and author Jan Longeval of Kounselor Consulting BV told Investment Officer in a recent conversation.
Stricter governance rules for Lux banks, investment firms
Substantial governance-reform targets have been set for banks and investment firms by the CSSF. Some quick changes are required, but otherwise the regulator’s circular letter 20/759 seeks to drive long-term culture change on boards of directors regarding risk, diversity, and sustainability.
ILA: companies should prepare for EU regulation on corporate governance
Is the European Commission planning to regulate European corporate governance practices? Last week, we highlighted the on-going sustainable corporate governance initiative, which is exploring options at the EU level. Karen Wauters of the Luxembourg Directors Assocation (ILA) believes its members must have a strategy in the face of this process.
‘Virus to drive AGM reform’
Annual general meetings moving online is an example of how the coronavirus could change the way businesses function. The Institut Luxembourgeois des Administrateurs (ILA), the country’s director’s association, saw a 20% increase in participation after moving their AGM online.